wearetraders2020

wearetraders2020

sonata soft --1 hr time frame resistance breakout given at 500, good to add? at 500 , stop loss 490! target is open A long time resistance of 500 has been broken and stock has tested 500 levels too many times today! Trade with caution, For educational purpose, Always check RSI and MACD and Volume before entry NSE:SONATSOFTW

wearetraders2020

We shared indigo on Saturday 1. 1535 looks big support, it respected today despite market fall 2. 1565 looks upper side resistance for sometime. 3. Investors may look to buy only above 1565 for 1596 4. Traders may buy on dips at 1535 for max 1565 ( trading between the lines ) 5. market looks bearish , any fall below 1520 can take it deep down. ***I myself have...

wearetraders2020

NSE:HCLTECH Sharing an update from the chart we shared on saturday. HCL was expected to stay in range or give breakout, but HCL brokedown and took beautiful support at the red line(GAP). if some one shorted at 945, he would have got a good 15 rs move from the blue support line

wearetraders2020 Updated 

1. Channel pattern 2. triangle pattern 3. Triple bottom The red line on the candles is for a safe support, how ever the deep support is the blue line below. Also note the RSI is trading in line and channel of 40 to 60. Scalping can be done using RSI and the RED line support on candle . This looks range bound for few days . Note : Always check. 1. RSI 2,...

wearetraders2020

HCL can be seen range bound. Lower support is at 940. Upper Resistance is at 958-to 960. People can use range bound trading . One can buy both PE and CE and the trendlines separately. For going long always : check 1. RSI 2. MACD from red to green 3. SQZMOM_LB from red to green 4. Price above VWAP 5. Volume above Exp Moving average NSE:HCLTECH (volume EMA for...

wearetraders2020

Head and shoulders pattern done in bank nifty (head and shoulder indicates a trend reversal--mostly bearish ) We see that bank nifty is taking support 35600 almost 6 times on 5 min time frame. This can be considered big zone for support , anything below may take bank nifty deep. any cross over 36500 is bullish . Note : RSI is king --- reversals from RSI 17/ RSI...

wearetraders2020

The chart shows two support. one is in between the parallel line which can keep the momentum for nifty . the other one is the support at base (marked by two arrows) , please excuse the drawing precision. We believe nifty will trade in range next week and support may be at the base drawn (please extend chart to 30 min Time frame and zoom out, you will see a very...

wearetraders2020 Updated 

sorry guys, feeling too tired to explain . The chart should be self explanatory . NSE:UPL

wearetraders2020

NSE:NIFTY Right now nifty may be trading in lower channel. 15100 is very strong support . But an upside rally will come only after 15157 as per trend line

wearetraders2020

We have already seen the movements made earlier. We can trade either in range or wait for a br NSE:AXISBANK eakout, chart is self explanatory,so not writing much .

wearetraders2020

NSE:TATASTEEL connect this to our previous chart by clicking the yellow arrow button. buy was at 699+ target 1 -- 704 trarget 2 - 711 Both intraday targets done!

wearetraders2020

Chart is not very convincing for breakout trading. Scalping only can be done here NSE:TATASTEEL

wearetraders2020

A symmetric triangle formation can be seen in this chart. NSE:ICICIBANK support is at 650 for a good one. Resistance looks at 659 . Always look for 1. bank nifty 2. nifty 3. RSI 4. MACD 5.SQZMOM changeover and 6. volume before going long NSE:ICICIBANK

wearetraders2020

A symmetric triangle pattern breakout is possible in ICICI bank 650 is good support, look for breakout at 659. Note : Please watch 1. bank nifty 2. nifty 3. RSI 4. MACD 5. SQZmom changeover and 6. volume before going long NSE:ICICIBANK

wearetraders2020

ITC trading in range. 216 is the support. Resistance 1 is 218 . resistance 2 is 220 . NSE:ITC

wearetraders2020

NSE:BHARTIARTL bharti airtel has been trading in range of 591 to 600. If we see on 30 min or 15 min, 591 has acted as multiple support since 12th feb. upside looks capped at 600, above 600 targets can be big. 1. Either do a range bound trading between parallel channel 2. or wait for the last big candle to break out at the triangle . Already we have seen big...

wearetraders2020

We shared apollo tyre at support of 236 yesterday. Today the same support was a resistance as per parallel channel and it broke to touch a high of 243 ( which another resistance) if you see at the top . One only needs to decides which line to trade and then go with conviction and little risk. 1. triangle pattern 2 or downtrend symmetric channel pattern NSE:APOLLOTYRE

wearetraders2020

Asymmetric or Triangle . We have shared chart for both the possible patterns. Please use indicators to confirm either of them . First try to go with triangle pattern . Once triangle is confirmed, look for resistance at upper end of the channel and wait for a breakout after booking partial profit from the triangle pattern/ NSE:BPCL