BSE
daawatconcentrating on lower time frame for now.
will add to on a confirmation of change in the trend.
HDFC Bank Possible long opportunityTaking Support on Weekly and Daily trendline. With the possible target of 2100.
Creating a descending triangleIf the descending triangle breaks to the down.
Target 1 is 0.5 fib level.
It can go to 0.618 level with a wick.
The long term trendline can act as a support.
Nifty Demand and supply zone for Nov. 2018 and Dec 2018
Sharing the Idea after long time, was busy with some personal work.
In today's idea i am sharing two charts, Nifty daily and weekly chart. Have marked Demand and supply zones on chart.
Every demand zone may provide the long opportunity and supply zone will give shorting opportunity.
Once price closes above or below demand/supply zone they change the role(Check the demand supply zone concepts on internet if you dont know them).
For near Future the up move can be expected as we are trading in demand zone, if price closes below the current zone then demand zone below the price will become target. There are many support and resistances which i haven't marked, please identify them and mark them on your chart along with demand and supply zones shared in this idea.
For entry and exit use my Vstop indicator script, have shared link for the same in this idea.
Following will be imp dates in future, we can expect price reversal on these dates.
30/10/2018
13/11/2018
27/11/2018
10/12/2018
24/12/2018
This idea is not investment advice, dont risk your money on the basis of this idea.
SBIN Showing Bearish Trend for Long Term investmentDont take any new entry in SBIN if you bought already then must use Stop loss 225.
if cames any good news for banking sector then you can some good movement otherwise Trend is Bearish .
Banking sector is not Right Time For investment wait some Years.
SBIN Very Good Opportunity Between 140-150.
Stay Tuned.......!!
Learn Here , Earn EveryWhere
VALIANTORG - A possible multibagger.BSE listed:
Name : Valiant Organics Ltd.
Code: 540145
Trading idea:
Long suggested above 1185
Stop at 935
Lots 40 (for a capital of Rs 1 lac and a risk appetite of 10%).
Technical rationale:
Stock has corrected 22% from 52wks high with low volumes
and has been in a consolidation phase for the last few days,
effectively scaling up by 10%.
Stock possibly finding support at R4 Cam pivot.
Fundamental rationale:
ROCE 47%
ROE 30%
D/E nil
Promoter holding 46%
YoY d_CFO 100%
YoY d_NP 41%
YoY d_Sales 64%
(all as on Mar 2018 ; Quarterly fig not available).
Risk:
Low volume stock.
Only BSE traded.
Highly susceptible to downward freeze in case of broader market correction.
