KiranSunku2016

KiranSunku2016

hi friends These are my ideas which i am personally watching. Tip: YOU SHOULD ALWAYS KNOW WHERE YOU ARE WRONG, BEFORE ENTERING THE TRADE what that mean. Simple...........Where is your stoploss. Ok look for upper target for successful inverted head and shoulder pattern. Down target for failed pattern. your humble trader Kiran

KiranSunku2016

IGL showing the steady downtrend. we can ride this down trend until it close above the downtrend line. i suggested short IGL at 408. regards your humble trader kiran

KiranSunku2016 Updated 

Hello friends, Bank nifty is in battle with 200 ema bears and short term trader bulls. WHO WILL WIN THE FIGHT? GIVE YOUR COMMENT a. Bulls b. Bears Well I also dont know, but time will decide who is in or who is out? PERSONALLY I WILL TAKE BULL SIDE :D Your humble trader Kiran

KiranSunku2016

ESCORTS is playing inside the box. it is like a spring which is twisted twisted twisted too much and released once. we will have large move on either side. So look for brakeout and play accordingly.

KiranSunku2016 Updated 

PVR can not able to go above the critical resistance. and volatility stop shows the sellers are in control. Better to avoid the long positions at this point of time.

KiranSunku2016 Updated 

Hello friends, market sell of drastically and broke the long term uptrend line and also volatility stop . So caution is advised for long positions My view is changed from Buy hold to Wait for trend confirmation close the longs if it brakes even the short term up trend line.

KiranSunku2016

Hello friends, Last week I started the commentary with five conditions, they are listed below. 1. BUYing opportunity 2. BUY hold 3.Wait for trend confirmation 4. SELLing opportunity 5. SELL hold. We might be in the middle of trend reversal. So, here both bulls and bears should take care. If NIFTY cannot able to close above the red trend line then it signals...

KiranSunku2016 Updated 

Mahindra and Mahindra motors is almost making the head and shoulders pattern. let see how it develops

KiranSunku2016

Gold had pretty good bull run from last two years. After bubble top, it cannot able sustain above the 20 day ema. This siganl for further correction. IF IT BRAKE THE SUPPORT AT 50 THOUSANDS LEVEL, THEN IT OPEN THE DOOR FOR 48000 SUPPORT LEVEL.............. further down Your humble trader Kiran

KiranSunku2016

indusind is clearly broke the triangle set up. It made the retest also. So all the drama is gone. Remember in the current bull, banks did not participate the rally. This time for banks. Your humble trader Kiran

KiranSunku2016

IGL short is given few days back. now continue this trade for further down. Ride the trend. MY REVIEW ON IT SELL HOLD

KiranSunku2016 Updated 

Hello World. NIFTY, NIFTY, NIFTY, the indian traders are well aware of this word, NIFTY. Why, it shows the indian economy strength on the world stage. So it is better to follow this one and get benfit from trading of NIFTY. I am part time trader working full time with another profession. I would like to share my views on nifty with following conditions. 1....

KiranSunku2016

Cotton has low liquidity issue otherwise it is good long trade.

KiranSunku2016

JINDAL STEEL is in very good uptrend from april. Like every good movie has an end, this uptrend is coming to an end, or taking some breath after long run up. Here is my views, VOLATILITY STOP INDICATOR GAVE THE FIRST SIGN OF WEAKNESS. If it brake the uptrend line then, it will start new journey to south. let see how it develops.

KiranSunku2016 Updated 

IGL clearly in down trend

KiranSunku2016

COTTON BRAKE OUT FROM THE LONG TERM RESISTANCE. SOME WHAT SIMILAR TO THE INVERTED HEAD AND SHOULDER. LET SEE HOW IT DEVELOPS.

KiranSunku2016

PVR showing the round bottom pattern. so look for long.

09:12

KiranSunku2016

it is very difficult to guess the tops and bottoms in the market. but some times with proper stoploss, it is the most rewarding trades in history. so here is the idea. nifty crossed the 50, 100 and 200 DMA. but now the weekly level camarilla pivot points R4 acting as resistance. THE NEXT TWO WEEKS ARE CRITICAL as it will show the clear direction going ahead.