India
*IMP* Wockparma 2 month hold. 60% Returnonly buy if the candle doesn't cross and close 518 downwards. and buy on the end of day when the candle closes green or a couple of long wicks downwards on day candle. 60-70 percent return expected in 1 and half to 2 months. and 250/300 percent expected in a year and half to 2 years for long hold.
NIFTY Weekly price chart - RSI divergence
Sharing idea after long time.....
While going through charts observed this. Nifty weekly chart is having RSI divergence. RSI divergence is extremely reliable tool to predict price action in near future.
Traders need to go back in history and analyze RSI divergence(Bullish or Bearish) with different price charts.
Have marked Fibonacci levels for reference.
In my opinion nifty will witness correction in near future. It is difficult to tell the level to which it will fall. Price is expected to fall take supports at Fibonacci levels and at up trend channel lines.
This is not trading idea, this is for analysis and learning purpose.
Wish all the traders good luck and lots of profits.... :-)
A Positive News about SBIN to recover Kinfisher Airlines Loan A Positive news for ( SBIN ) State Bank of India stocks. State Bank of India to recover Vijay Mallya's Kinfisher Airlines loan recovery from Property Sale. This would eventually bring a Green Signal for the Stock. Watch accordingly with the Lead Indicators and take your Position.!!
Ideal for Swing Trade !!
IndiaBull Housing Finance going for a high rise !!IndiaBull Housing Finance going for a high rise !!
Its seen that the fundamendals of the company is strong and can have a great bullish run for a Swing and Long Term Trade.
Onmobile panent pattern breakout after 3 months of consolidationOnmobile global
Stock was consolidating from approx 3 months and now it had given breakout in weekly time frame with good volume.
Buy for long period
Keep strict sl @ 100
Buy above breakout
Target @ 199
Use trailing sl to cover your profits
Buy at your own risk.
Expiry Day Blue Print for Banknifty for TommA second day continuation of a bear trend following a consolidation phase can be just a move to fill the gaps, however Expiry days are different generally, It is a tug of war with ruthless search for premium decay be it any greeks .
We make the above three possibilities based on type of opening.
WRX- now is the time .wrx is about to breakout from the triangle,
black line is breakdown -SL
Blue lines are Take profits
the entry should be now - around 2.3760
take profits are at 8$ and 6 $
USOIL ShortMy possible forecast for USOIL.
Might gonna restest one or both of the support levels.
But in the long run, it should be going for a downward trend.
Supported by:
- The situation in India (could last maybe a week more before it settles a bit)
- Possible weak oil demand in Japan
Could be interrupted by sudden positive news regarding faster "opening" in some countries or forecasts.
Trends in select Emerging Markets (& smaller markets) via ETFsRecent trends in select Emerging Markets (and some smaller markets) viewed by their ETFs, for the countries: Brazil EWZ , Mexico EWW , New Zealand ENZL , South Korea EWY , China MCHI , India INDA - also vs. the emerging markets ETF IEMG , and the NASDAQ IXIC index.