BULL RUN ON ZOMATO!!!This is very good news for Zomato holder as the stock is taken its liquidity from the Price ~Rs129 and now the target expected from this point is almost ~Rs149-Rs150. Which is just great!
Indianstocks
TATACHEM Trade SetupEntry = 980.95
StopLoss = 941.95
Target 1 = 1017.20
Target 2 = 1068.20
Would take 5 to 15 Days to Hit targets
Nifty to 20000!! BOOOM FLAGHello traders hope you all going profitable!
Before this I have posted a Idea containing Nifty forming a morning star on Daily Basis and now we are going to analysis on week time frame after a successful pull back
Currently Nifty is forming a bull flag on the week basis also backed up by the three white soldiers + RSI above the 60 level(as per the modern scenario) While MACD is about to give crossover , SO we can wait for our 4th conformation but If you are aggressive you can go for it after the retest(Which may or may not happen)
That's it guys !
Like if you Agree as this also encourage me to publish more Ideas with you!
HAPPY PROFITABLE TRADES
"More Beautiful Than The Taj Mahal?"We recently broke through the key pivot point.
A lot of energy was used to achieve that.
Wait for pullbacks to the pivot point to pinpoint your entry.
Enter with conviction.
Purpose!
This long could be more beautiful than the Taj Mahal but we must be patient.
The last rally before the big crash.
We have our Indian stock forecast for 2022.
Are you prepared for 2022?
I have my predictions but first let me here yours.
I read every reply.
- Ninja
GMRINFRA - Breakout or Fakeout? - Watch out 43.35 & 46.10 levelGMRINFRA has been on a run for last 2 years, already up by 300%. It recently tried to break out the trend line, but it needs to be to close above the 43.35 levels for break out confirmation. It's also testing the key weekly and monthly levels in the charts, consolidated for a very long time forming a strong base. Keep an eye on the levels 46.10 levels, break out can be explosive. Any rejection from the levels 43.35 & 46.10 will make the stock further consolidate for some more time.
CDSL trying for big breakout CDSL is at a critical resistance level and has been trying to breakout these 3-4 times in last few months. It's in ascending triangle pattern, which is considered bullish. If the daily candle is fully above the resistance level for 2 consecutive days, it will go big, else come back in triangle for further consolidation.
TCS Jan 2nd week #tade 1.3
if the price trace green line buy at the arrow mark and take profit at indicated lines, boom..!
if the price trace blue line buy at the arrow mark and take profits at indicated lines, boom..!
if it goes to stop loss, the trade is successful failed :)
I dnt hv the patience to explain
Not a advisor, trade at ur own risk
happy trading :)
Indian market: Kill zoneThere is a killzone in this.
What this means is that it's an optimal zone to take a controlled loss. Errrh.. that's called a 'stop loss'.
That means there are losses involved.
Shorting markets is well known to be more dangerous than going long in markets.
This is not advice to short.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
NMDC - TRENDLINE BREAKOUTNSE:NMDC has broke the downward trendline followed from 12 May 2021.
Next 2 resistance levels to watch:
Resistance 1: 146.5
Resistance 2: 157.9
Trade Plan:
Entry - Below 140
SL - 129
If weekly close above the trend line, we can go long for couple of weeks
Affle Cup and Handle Formation. Recommended in our special Group in August Affle has already given returns of close to 60% Split adjusted. Right now it has given a Cup and handle BO and after some consolidation can go long. Looks a pretty solid long term stock.
Nifty moving towards 18K but has two major resistance in the wayNIFTY gave another solid positive candle and FIIs did more than double buying compared to DIIs. Next resistances before NIFTY tries to hit 18K again are near 17889 and 17942. Supports on the down side are 17707, 17634, 17593 and 17366.
India Bull Housing Finance - Ready for Break out ? India Bull Housing Finance has been consolidating for sideways for last 4-5 months. It tried to breakout multiple time above the strong resistance levels but got rejected and closed below the line. It's again flirting with the resistance line, but this time the volume is unusually higher and similar to previous ones when it had major breakout. If the daily candle closes above the 257 line, it's headed towards 277, 297, 312 target. If it gets rejected again, expect to consolidate again in the channel. Momentum shows its heads upwards.
SRTRANSFIN - Long Position for short term 10% gainSRTRANSFIN is a good profitable trade in short term.
Important Levels are marked in the chart.
NSE:CCL - Let's have some coffee ☕Company that needs to be tracked closely
Listed in India market
with focus on B2C and B2B
disc: Inveted in lower level s
BankNifty Bullish ViewNSE:BANKNIFTY
Background.
1. Bullish Candle stick formation for 27 Dec 21.
2. End of Elliot's Impulse wave further correction on Upside expected.
3. Positive RSI Divergence.
4. PCR ratio above 0.9 for January.
5. Market sentiment oversold.
6. positive results in Banking sector
7. Nearest zone of Supply for shorting is 36000 if it breaks 36000 upward move to 38000 possible un till March 2022.
8. Trend reversal to bullish in all major banks.
Sell SENSEX Target 20% drop- Stay tuned
Remember this is the SENSEX divided into INRUSD
First target 640
Intermediate 560
Final 480
Markets needs a retracement to at least 200 EMA.
Higher inflation than expected will hurt EPS
ITC Long Term Bullish Trend - Slow upwards grind - BUY zone ITC has been a MEME stock for India stock traders as the performance of this stock has been very poor compared other stocks, even in the hyper bull run over last 18-20 months. But if you're a long investor and looking for defensive stocks with good dividend yields, wanting to preserve capital, ITC would be a good stock in the portfolio. If you notice the ITC chart closely, you can clearly see it has been in upwards bullish channel over last 18-20 months, making higher highs and lower lows. It's getting very close to test the lower channel support line and also 200 DMA support around 215-216 Rupees. If you're a mid term swing trader, you can buy low at the channel and sell when it hits channel upper line. Long term investors can start accumulating at 215-216 levels, as 2022 will be more defensive play and institutions will pile up their money in dividend paying stocks. Key Support line to watch 205 and 200. Key resistance line to watch 266-267.
Today nifty and bank nifty analysis(short) Dear traders this a very short analysis for trade in nifty 50 and bank nifty.
NSE: AMBIKCO - Doubler already 💪 - Next Target Updated chartsNSE:AMBIKCO
sharing updating chart in quick video
please refer to my old updates , posted here.
Nifty traingle patternNifty gave a closing above the triangle pattern now exprcting for a breakout indians🌝🌝🌝
Vinati Organics ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
PATYM -LOOKING FOR BIG MOVEPAYTM can be worth adding to the trading portfolio. can give a big move. if crosses an all-time high can see a big target. the market has made a u-turn , stock-specific action can be seen.
buy Paytm only on the retest.
