The stock is showing increase in MFI also seems to be coming out of Consolidation Zone. price has shown a good retracement ( consolidation ) in 420-430 zone. Setup: 1. Intraday setup : buy at 440 -> tgt 450 2.Positional setup: buy at 440 -> 450 -> 462 -> 470 -> 476 3. Option strategy: Sell ( 390 PE + 400 PE + 410 PE ) + BUY 370 PE * 3
The stock has come out of downtrend and pushing towards the upper range Currently buyers exhaustion ( retracement ) can be seen --> MFI also started decreasing --> expecting price to come to red zone than continue its push to the 240 target range Trade Setup : When price comes down to 215 Level --> SELL PE option which has value of 5rs ( possibly 205,200)
Biocon is again showing sign of coming out of consolidation zone though volume is not increasing much MFI is increasing n possible breakout possible monthly analysis 1. at max 15 % increase possible ---> 400 * 1.15 == 460 ( at max ) (highly unlikely ) 2. at max 15 % decrease possible --> 400 * 0.985 == 340 ( at max ) ( highly unlikely ) safe upside setup is...
A complete 1->2->3 wave pattern can be made on ABB .. .use simple strategy to make money... Trendline has been drawn once candle(Green candle) breaks the trendline --> following the MFI breakout take trade entry price === >> green candle ( high - low ) /2 + high exit price ==>> 1R --> 2R as targets : R = risk --> nearest swing low advance traders can...
April-May has shown considerable Upside movement June - July month is showing consolidation period ... prices has touched the red zone thrice ==> also showing breakout ( very high volume ) Daily chart is showing evening doji pattern .... Future price movement can be expected in two ways .. 1. legitimate breakout ... new consolidation zone around 740 ... at-max...
Stock has been going up month by month approaching very strong monthly resistance zone monthly uptrend max change possible 25% === > july opening 771 --- > 771 * 1.25 = 963 ( above monthly resistance ) not possible support area --- 665 --> 752 resistance area -- 830 --> 890 chart pattern decreasing pennant type pattern forming ( higher lows and lower...
The stock has been showing good movement May Month .--> markup then cosolidation happened ... stock is moving toward the new level of 125 zone .... Monthly increase of max 11% has happened in previous months ... -> max this month 20% (super max) July opening of 108 has happened --- 108 *1.20 = 129.6 ( super max wick ) Possibility movement scenario === 1. break...
The stock was moving in sideways channel --> it broke with very much difficulty It is now showing signs of spring entry ... Multiple red candle touched the breakout level and now a jump in price is seen ... possibly showed retest of resitance zone ... Main trade setup can be expected ... 1. Buying ITM CE --> why ITM because if price decrease we don't want to...
Grasim has formed ascending triangle patter in 4H time frame. ... possible upside breakout MACD & RSI both are in uptrend Zone .... MFI is also rising possible upside movement present... ATR is around 15-20 rupees possible ATR * 1.5 = 25 - 30 rupees buffer can be maintained to avoid wicks
Titan is showing sign of recovery --> this time possible it will break the up channel and move forward for big target.. ... trading setup would be to sell PE across the board .. from 940 -> 920 -> 900 ...
Nifty Trap Zone 2 - Momentum Impulse Pattern formation ... Major Resistance Broken by RALLY BASE RALLY ==> BREAK LIMIT ZONE Minor Resistance created by the Engulf 1. --> followed by DROP BASE RALLY --> creating MOMENTUM IMPULSE PATTERN Expecting Engulf 2 . to be formed which will be followed by formation of new Resistance ... MONTHLY LONG ENTRY can be taken when...
Nifty is at support zone .. and showing double tops pattern. . . previous candle are momentum candles ... these double tops candles can be considered as base candle therefore if nifty open above 10330 and shows upside move then they will be considered the next momentum candles --- ------- Every Advance zone structure ... will always come back to the break...
Initially a short opportunity is there .. if breaks 498.50 then short till the zone .. for risky traders target the end of zone .. for safe traders beginning of zone ... after that rebounce expected the targets will be ...499 -> 517
Dabur is showing signs of upside. .. multiple doji candle can be expected but stil good upside movement possible ... safe traders buy above 448.70 == volume tested support risky traders can buy above 445 == above volume tested resistance target of 454 -> 470 if touched 481 then complete reversal to uptrend can be seen !!
Multiple time resistance has been tested possible upside coming.. only trade uptrend .. stock took the bounce from expected custom fib level ... take trade from 108 with target 111 -> 115
Lupin is trading sideways for a while, possible downside if breaks 416 the target is around 900 zone multiple wicks can be seen on the downside .. resulting in exhaustion of demand zone (buyers ) break expected breaks level of 416 target zone shown
Banknifty if breaks 20280 Level then it wil take support on 19130 level before bouncing back to create new high ..