After getting a clear CE Buy side entry at 13,131 Mid Cap Nifty (MIDCPNIFTY) has hit the profit target 3 of this trade. The reason why a lot of people lose in Options trading is because of lack of strategy and descipline. There are time when Iam seduced to trade in 1m and 5m time frames because of crazy trade setups. Ive made this mistake earlier in my trading...
The Russell 2000 trailed the S&P 500 significantly in 2023, gaining about 17% compared to a gain of about 24% for the large cap index. That underperformance has spilled over into 2024. Year-to-date, the Russell 2000 is about 2% compared to a 7% gain in the S&P 500. By the way, that valuation measures make the small cap Russell 2000 index much more compelling when...
Super run up in past 15-20 trading sessions almost 1000 points... Bias Positive But supply coming near 14270 levels... Have marked important trading zones... Happy Trading....
As we have discussed in previous educational messages. By selecting the indices that are looking strong we can get a range of stocks that can do well. From that basket of stocks you can then further scrutinize and select the stocks that might preform the best based on charts and fundamentals of the companies. This week let us look at the Mid-Cap index that took...
All INDEX key levels for March 18, 2024 #Nifty #BankNifty Overview: Today's trading session presented significant opportunities within the Bank Nifty index and we executed the trades based on the levels published yesterday on tradingview and we were able to capture the Fall of 500 points in BankNifty Here are the key levels to watch for potential entry and exit...
I am sharing crucial NSE:NIFTY NSE:BANKNIFTY NSE:FINNIFTY1! NSE:MIDCPNIFTY1! levels that serve as significant support and resistance points for intraday trading. To execute trades based on these levels, wait for a 15-minute candle closing above them. You can employ both breakout and reversal strategies in your trading approach. This channel is...
This index also showed nice pull back from lower levels... How much steam left ??? With the results season on i feel 30742 is an very important level. Closely watch this level on Closing basis for a breakout / price rejection.. Happy trading... Like & Share Follow for more updates...
Look for opportunities in Midcap. RSI Divergence played In midcap and is now sideways. In Sideways market you can plan both Long and Short trades.
Midcap Index remains bullish in the mid-term. Currently, price is at the key demand level, which most certainly can invite long-term investors.
The 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. Market is bearish, so take positions carefully.
MIDCAP - GO SHORT @ CMP WITH A SL OF 12675 AND A TARGET OF 12121 BY 13 APRIL AND A FINAL TARGET OF 11289
MIDCAP - BUY @ 12026 WITH A SL OF 11976 AND A TARGET OF 12500. TARGET SHOULD BE COMPLETED TOMORROW. RR> 1:9. GO SHORT AS SOON AS IT REACHES THE TARGET
MIDCAP : GO LONG @ CMP WITH A SL OF 11207 AND A TARGET OF 12361
MIDCAP HAS BROKEN THE NECKLINE IF HEAD AND SHOULDERS. CAN WE SEE THIS INDEX @ 8000
The major weakness is part of a first down leg on the weekly chart. Support comes in around 1455 (lower part of the cloud) and 1445 (38.2% retracement). Setting a minor and intermediate base in this area is probable before the corrective phase continues. So even though a minor bounce and/or consolidation can be expected once reached, we strongly advise against any...