With good bounce back in global market and weekly expiry day. Nifty is likely to open gap up today. One can build long strategy for next week on any dip after opening Stoploss 15600 Target 15900
Long side Break Out Opportunity in ITC TARGET 1 -> 230 TARGET 2 -> 300 STOPLOSS -> 190 1. Near to breaking out of this triangle zone 2. Good upside potential 3. Accumulate below 210 4. Very undervalued 5 . Overall bull run in market can support 6. expectation for up coming result in August
Positional Trade Opportunity 1. Uptrend Developing 2. COVID Situation improving with Vaccination 3. Coming result could be better because of summer vacation and easing travel restriction in most part of the world Overview Buy @ 140-150 level Target 1: 165 -170 Target 2 : 200 ( if target 1 holds )
Near to lower band of Linear Regression - Consider buying at 250-230 range - Weak overall market Negative - SBI announced investment in Yes bank Trading Call - Wait for Bullish signal Investment - Consider some accumulation -Only for educational purposes
Nifty Long 1. Nifty Trading in Range 15700 - 15900 2. Fav. Risk Reward at this level 3. Target 1: 17800 4. Target 2: 17900 5. Stop Loss: 17600 Positional trade with monthly position
Sold at 8000 Trailing stop at 7650 Target: 6800 Any comment folk ?
Obsevation 1. very clean H&S pattern on long term weekly chart. 2. Overall weak auto sector 3. Negative global market sentiment due to CORONA 4. High exposure in global market 5 Bearish crossover on daily chart If base is broken convincingly near 95-90. Stock can go in deep down trend - Only for educational purposes comments are welcome!
LT Weekly trend chart ! If #market #trend and fear continues for few days due to #Corona Virus, #LT will soon touch the nearest trend line that is around @1050. Will continue short position till target @1050 with a stop loss price @1200
NSE:LT Near to triangle pattern base, Will Short if it breaks the base. Entry Level Price -Rs 1270-1260 Target Price - 1200 Stop loss - Rs 1290-1300
Technical Call Buy between price range of Rs 65-70 Target 1 :Rs 75 Target 2: Rs 85-90 stop loss near RS 62-60 Highlights At Price of Rs 60, First break out from triangle zone Stock bottomed out at price of Rs 40. Formed new uptrend range, it is visible in the chart, once stock has broke triangle range Considerable growth in revenue and profit in FY 2019-20 from...
Nifty at interesting Support level. Will it take support and follow the trend? Overall sentiment being negative and no comforting news for Corona Virus during weekend can take market further down. Next Support at 11000, 10750 Would be watching for bigger trend line around 10000.
Watch out for support level 1 and 2 in near term wezeste.wordpress.com