simple_trader2022

simple_trader2022

NTPC has broken a strong support zone. As the market is also in a downtrend, shorting this stock for a quick return is a good idea. As you can see in 1 Hour TF, it has also re-tested the zone and can reach lower support zones. The first target can be 355 - 360 zones and below. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading...

simple_trader2022

As the market is in a bearish phase, we can see that SBI is currently at an important support zone and 200 EMA. If the market continues its trend, we can expect a good fall in this stock. As soon as it reaches or breaks the 760 zones, we can short the stock or buy put options for the current month expecting the first target of 710 levels and the second target of...

simple_trader2022

Powergrid breaking current high and moving towards new highs. Good to go long in this stock at the current level or we can wait for retesting of 360 levels. The first target can be 382 and 2nd target will be 418. If it breaks down we can expect till recent support zone of 325 levels. Trade safe. Manage risk. Be profitable. Please follow us for more simple...

simple_trader2022

PFC is at a perfect support zone, as the market is bearish it is likely to fall from the zone. If it falls, we can expect a target of 420 and if it bounces from here, we can again see higher levels of 560. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also, let me know in the comment if you have any...

simple_trader2022

Asian Paints is currently in a perfect zone. A directional move is expected from this point. Upside level:- 3420 Downside level:- 3100 Keeping SL of only around 50-60 points, a 1:2 move is easily expected on each of the sides. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also, let me know in the comment...

simple_trader2022

BPCL is currently at a perfect previous support zone and trying to stay above this zone. As the trend seems negative, It will break the support zone soon. This stock should only take long entries once it passes the 360 zone and sustains above it.

simple_trader2022

IDFC First Bank is moving in a zone and respecting the above resistance and below the trend line. Anytime soon a breakout on either side can be expected in this stock. Wait for the breakout and re-test of that and it will give a great move. The chances of breaking above is more due to the current market scenario. SL can be kept at the areas below the resistance...

simple_trader2022

Asianpaints currnelty at a good resistance zone. Good to go long in this stock if it closes above 3550 in daily time frame. Keeping the SL just around 3450 levels. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also, let me know in the comment if you have any queries. Disclaimer:- This is my view. Please...

simple_trader2022 Updated 

Eicher motor reversing from a good support zone. Good to go long in this stock from this point. Keeping the SL just before today's low. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also, let me know in the comment if you have any queries. Disclaimer:- This is my view. Please analyze the charts yourself...

simple_trader2022

Nifty finance taking support from a crucial point. Wait for it to either break down or go upside. A good risk to read ratio can be achieved once it breaks either side as the expiry for this month is also coming. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also, let me know in the comment if you have any...

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ITC is revered from a very important support zone and currently making a Doji candle formation at the above trend line. It will be a good move either way whenever it breaks. So, watch out for this stock. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also, let me know in the comment if you have any...

simple_trader2022 Updated 

Indusind Bank as reversed from resistance zone, and as the market has also started to fall we can expect it to at least touch till 1150 levels. Risk to reward ratio is 1:1 and if it falls below the support zone, it can also reach till 1000 levels. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me...

simple_trader2022 Updated 

Adani enterprises after breaking the support zone is going for the re-test. Good to enter after 1 red candle from the above level (3850). Target :- 3200 Stoploss :- 4000 Good risk to reward ratio, but only enter once it reverses from the above zone. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let...

simple_trader2022

Tata steel has broken the trendline and is ready to go upside. Stoploss can be kept below the previous candle,i.e, around 117 levels. Good R: R in this trade. Keep SL tight. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also, let me know in the comment if you have any queries. Disclaimer:- This is my...

simple_trader2022

ICICI Bank has reached its support zone, we can see a good bounce back or a fall from this point. Wait for the confirmation of upcoming directional movement in this stock. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also, let me know in the comment if you have any queries. Disclaimer:- This is my view....

simple_trader2022

Berger paint is at a very important support zone. Good to buy this if a reversal is seen from this point. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also, let me know in the comment if you have any queries. Disclaimer:- This is my view. Please analyze the charts yourself and then decide to take any trades.

simple_trader2022

BPCL is currently in a perfect place. We can expect an ideal directional move from this point on either side. Wait for his stock to confirm either side move with good volumes and follow-up candles. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also, let me know in the comment if you have any...

simple_trader2022

BAJAJ FINSERV is currently in a bearish trend and is going to hit its immediate support zone of 1100 levels. For now, it is good to short this stock for some time till it reaches its support zone. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also, let me know in the comment if you have any...