Positional
HINDPETRO1!27-11
daily chart of Hind Petro
manual trendline and 200 EMA are bearish
RSI heading towards the overbought zone
Resistance at 237 (manual) and 241 (200 EMA)
Wait for RSI to get in the overbought zone & or price to come up to 238 / 240 and go short
NIFTY50 is looking Bearish.
🤑 Nifty is likely to be Bearish till it's below 18250.
❓ Reason: Because Nifty is below the ATM Zone Upper Point and Below Trailing SL point of ATM Machine Indicator on Hourly Chart.
🚧 Downside Hurdles: 18130, 18050, 17965.
🌈 Advice: 1.) Take reversal trade near these levels, or 2.) Wait for Breakout and Sustainability.
🔴 Positional Trend is Negative.
👺 Long Term Trend is Trapping the Bulls.
📢 Disclaimer: We are NISM Certified so we don't hold any position in Nifty Future or Options as per SEBI guidelines. Take trades as per your own technical analysis, we are just educating you. We are not using any type of indicators for finding out of levels.
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@lohotrading
WABAG good breakout happening#WABAG
VA TECH WABAG has given good breakout on weekly and daily time frame.
Highly probable candidate for monthly breakout as well.
Only daily TF candles have been continuous green, so will definitely wait for pullback to trade.
Plan your trade accordingly.
#vr
KOTAK BANK- Pullback tradeThe stock broke above the Previous Resistance with a Big Bull Candle with a Huge Volume.
Now It is retracing back to the resistance level which would now work as immediate support
Support levels: 1937-1942
Resistance: 1988 and 2016
Type of Trade: Swing, can covert into positional, as higher timeframes are quite a in sync with short timeframes.
Great Risk Reward
CMP: 1952
Immediate target: 1988 and 2016
Cup & handle patternClear break out on charts, Its copybook pattern cup and handle pattern, Can go with a stop loss of 8% with a target of 20%+.
Auto theme doing good for the past few weeks, Happy trading.
CoforgeCoforge CMP 3908
Buy above 3930
Traget 4500/5000/6000+
Swing/Positional
Fundamentally strong company
PVRHi guys, this chart is for educational purpose only not for sale... plz do your own analysis too.. Thank Q
RVNL - POSITIONAL CALLThe stock has created strong support in the zone of 27.80 - 30.
Sustaining the same, it is most probably moving towards 42 to 52 levels in the coming months.
Type of Trade: Positional Long Call
Verdict
27.80 - 30 is a region of support.
Trades?
Buying on the dip, depending on how price action is.
