simple_trader2022

simple_trader2022

Bank nifty moving in a range of around 700 points from the past 10+ days. We can see a good move on either side after the breakout. Watch out for this expiry, it might give a good move on either side if tomorrow's market is sideways. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also, let me know in the...

simple_trader2022

Reliance on a weekly chart is moving in a fixed channel for a long time. 2350 is a crucial level for reliance if it breaks we can see a good downfall in this stock. And if it bounces back from this level, the previous high of 2800 level can be expected. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also,...

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Asian paint is moving in a range. However, I have this analysis for a short time swing only. It can give a 100-150 point move anywhere up or down once it breaks this range. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries. Disclaimer :- This is...

simple_trader2022

Icici bank follows the market trend and is almost near its strong support zone. Watch out for this level if it is unable to hold this level we can see a good fall in this stock as well. 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:-...

simple_trader2022

Kotak bank breaking crucial trendline support. If the market trend continues to be bearish, we can also see a good fall in this stock. The next target can be expected below 1700 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:-...

simple_trader2022

Nifty taking support from previous reversal point. Expected a up move from here till 18000-18150 levels. If the market reverse from 18000-18150 levels the breakdown of the next support 17800 is quite possible. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have...

simple_trader2022 Updated 

Nifty breaking the support zone. It is good to wait for a retracement and then the fall could be continued. It will be good to add some puts at the 18000 zone. Wait for a reversal from 18000 level. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any...

simple_trader2022

Kotak bank is moving at a crucial zone. Possibility of going down is high as it has reversed from the above resistance and it is heading again towards it support zone. As the market is still on bearish side, the chances of a good downfall is more possible. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also...

simple_trader2022

HDFC is moving in this range from 1.5 months. After breaking out it was unable to sustain above that zone. If it closes below the support zone of 2600 level, the chances of it going almost 100-200 points is possible. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you...

simple_trader2022

Tatamotors has broke down the support zone for fourth time. As the current trend of market is bearish, the chances of this stock falling is quiet high. Wait for a strong bearish move and then only make future positons. As this month is about to end, it is good to make short positions for January month. Trade safe. Manage risk. Be profitable. Please follow us...

simple_trader2022

Bank nifty is more bullish than NIFTY. It is better to wait till 43000 level. If the trendline is broken then it is expected to touch the high formed by BN. Else it will be good to short at 43000 level. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any...

simple_trader2022

Gold reversing from the exact previous support zone and ready to make a double bottom kind of formation. Also if it breaks the trendline, the chances of getting to the previous high will increase in the coming months. Good to enter at this point with following stop loss and targets :- Target :- 1725, 1800, 1880++ Stop loss :- 1605

simple_trader2022 Updated 

Bank nifty already reversed from the previous high point and current scenario does not give any indication to go long in this sector. It is good to go long in this if it holds the immediate support zone of 40300 levels. If it reverses from the 40300 level, we can expect it to again move till the ALL TIME HIGH point. In case it breaks down, the below levels can be...

simple_trader2022 Updated 

Reliance has formed the Head & Shoulders pattern and is ready to further go downside. It is better to wait for a re-test of the breakdown line (2530 levels). Target :- 2400 levels SL :- 2600 Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any...

simple_trader2022 Updated 

Hero moto corp. broke down the trendline and is ready to fall Great returns expected in this stock. Targets mentioned in the chart. Safe SL can be around 2850 levels. It is yet to give a re-test of the trendline. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you...

simple_trader2022

LTTS broke down the support forming kind of a double top pattern. IT index is in a bad position. Either short from this point or wait for a re-test of the breakdown zone. Target :- 2950 levels Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any...

simple_trader2022 Updated 

Nifty after recovering most of the fall is going to either break previous high levels or can give another fall. As per the pattern, 17800 can act as a crucial zone from where we can see either it will be bullish or not. For upcoming week, we can expect it to go further upwards till 17800 and then wait for market to give either side move. Trade safe. Manage...

simple_trader2022

ONGC breaking the Higher high and Higher lows pattern. As the Indian markets are reversing from a important Resistance zone. We can see a good downfall in this stock for upcoming days. We can expect the first nearby target of around 119 levels and further low can be seen in case the market falls drastically. Trade safe. Manage risk. Be profitable. Please follow...