Short Opportunity in KOTAKBANK 1. 200 EMA Resistance on Daily/2H/4H 2. Negative RSI 3. MFI breakdown 4. BANK NIFTY Negative sentiment
Seeing a long side opportunity in NIFTY futures for the next week. Targets are quite big and can be trailed as per risk management rules.
Short Opportunity in HDFCBANK over negative sentiment in BANKNIFTY. 1. High possibility to revert to 200 EMA to take support. (Mean reversion) 2. Breaking down below the 21 Period EMA 3. Negative trending RSI 4. Negative MFI trend 5. Negative sentiment in banks
Positional Long Opportunity in ICICIBANK. 1. Positive RSI 2. MFI Breakout 3. 200 EMA Support Level 4. Will retest psychological level of 900 before exiting the 800 range on the downside 5. Price trying to make a HUGE HEAD AND SHOULDER pattern. Currently developing the right shoulder.
Opportunity to go long in NSE:INFY 1. 200 EMA Support 2. Positive RSI Crossover 3. MFI at buy level 4. NASDAQ at 200 EMA Daily Support Level. 5. NIFTY at 200 EMA support level
2 possible trades. 1. Intraday short trade on 20 Jan 2023. Bearish sentiment Will retest key support level of 40900 Price has just been rejected from 22 EMA on Daily TF Price will try to approach 200 EMA on Daily TF 2. Overnight long trade on 21 Jan 2023. Key resistance trendline break Will try to break through 42000. Conservative target...
Long Opportunity in TCS for an intraday trade. Reasons: 1. Breakout/Price sustaining above psychological level of 3500 will be a positive sign. 2. 200 EMA Support 3. NASDAQ currently at it's 200 EMA support on daily timeframe and should take a healthy bounce from here NSE:TCS
Inverted HNS pattern on 15M timeframe. Possible upside of around 180-200 points can be captured intraday on 10 Jan 2022.