iamajaysingh

iamajaysingh Updated 

Lupin Long initiated at 900. Expecting 3 rd wave up. Trade will be invalid if it goes below 856. First Target 980 Seond Target 1081

iamajaysingh Updated 

Short trade can be Initiated here. Looks a good sell opportunity

iamajaysingh Updated 

Bank Nifty CMP 21500 Tgt 17000 Levels OTM PE can be bought for good profits

iamajaysingh Updated 

RIL looks to be completing five wave structure. We can look to short around 1680 levels. OTM PE of 11000 can be bought around 2-3 rs for a target of 25-30 by June end.

iamajaysingh Updated 

Long Trade can be initiated here. SL can be start of Wave 1 . OTM CE of 24000 Apr End looks attractive.

iamajaysingh Updated 

Indusind Bank short CMP 457 SL 483 Tgt 423

iamajaysingh Updated 

Looks like we are in complex correction. Looking at the wave structure we seem to be in Y wave of WXY formation. Look to take a short position at 170 SL 176 Tgt 140

iamajaysingh Updated 

Bank Nifty looks to be entering a corrective phase now. We can buy Out of the money PUT option to take advantage of this move down. This corrective move can extend maximum up to the 16000 levels.

iamajaysingh Updated 

USD/INR has broken and sustained below Ichimoku cloud in hourly charts. Short trade can be initiated with SL @ 75.20 Tgt 74.25. With Job less claims sky rocketing we can see dollar weakness in the coming sessions.

iamajaysingh Updated 

Bank Nifty looks to be in 4th wave. Next move ideally should be up completing the 5 wave pattern. Fifth wave up should ideally reach 20800 levels.

iamajaysingh Updated 

Long trade can be initiated with target of 9200 and SL of 8575. Risk reward is close to 1:3. Looks like 5th wave up has started already in 15 min time frame.