Gujarat ambuja exports: Stock for short termSl - 148
Can we bought half quantity now and the other half after the retracement.
Volume are increasing on breakout which is a good sign .
Fundamentally good stock to focus on.
Only quality stocks are shared here. I focus on quality ONLY.
Shoot up your queries in comment section.
Positional
BHEL - Swing Trade - Weekly chartThis analysis is done purely on basis of price action and chart patterns.
The analysis is done on weekly TF hence it can take couple of days to couple of weeks/months to reach the target.
The image is self explanatory.
Range for entry, SL and Target is shown in image itself.
Since this is a stock of NIFTY ENERGY index, one can refer the weekly chart of NIFTY ENERGY as well.
This analysis is for study purpose.
Traders must do their own study before entering into any trade. Traders should trade with their own risk capacity and money management.
Feel Free to comment for any query or suggestion regarding this stock or Price Action Analysis/Chart Study
Check out my previous analysis on this stock. Idea is linked below.
TWLOO looks good for a long positionInverted H&S breakout after a downtrend. Look good for a positional trade. Levels mentioned in the chart.
The Inverse Head-And-Shoulder pattern is an example of a bullish reversal pattern.The inverse head-and-shoulder pattern often shows up at the bottom of a move in the market.
AUS200: Possible triple topThis one to watch. For new traders its a nice one to try out on a Tradingview paper trading account.
The possible triple top is into a zone of congestion. Price may go up or it may go down - only two directions here.
All you can do is take a controlled affordable loss (aka stoploss).
This is positional play for finding a trend south on a lower time frame.
Disclaimers : This is not advice or encouragement to trade securities on live accounts. Chart positions shown are not suggestions and not intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which has a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
PNB Analysis Positional March 2021Refer to chart for more details. PNB forming the head and shoulder pattern, on the otherhand has kept the support line accelerated. Breakout with strong momentum on both side may lead to a market move, but direction is highly unpredictable. Please keep these support and resistane levels handy.
Trading is subject to market risk. Step as per your risk appetite under professional supervision.
Positional and Intraday View for NIFTY Index for Feb 22 2021All values are for SPOT
Current Position is SHORT and Shorted on 17FEB @ 15284.88. Continue SHORT and reverse to LONG in NIFTY closes above 15038.22 on 22 nd FEB .
Intraday levels for 22nd FEB (without GAPUP/DOWN adjustments of FEB 22).
Buy Above 15003.09
Buy Targets 15038.22 15073.16 15101. 40 15129.63 15169.83 15194.24 15277.52 15368.93
Sell Below 14960.41
Sell Targets 14925.28 14890.34 14862.10 14833.87 14793.67 14769.26 14685.98 14594.57
Intraday and Positional View for NIFTY Index for 19 FEB 2021Nifty Trend Change timings for Feb 18 2021 ( predicted previous day)
10:02,10:29,11:06,12:31,13:17,14:08,14:24,15:28
NIFTY FEB FUTURE INTRADAY LEVELS Published at Feb 18 9:16 AM
Buy Above: 15240.62
Open Price: 15221.10
Buy Targets: 15272.74, 15304.69, 15330.51, 15356.33, 15393.10, 15415.42, 15491.57, 15575.16
Sell Below: 15201.58
Sell Targets are: 15169.46, 15137.51, 15111.69, 15085.87, 15049.10, 15026.78, 14950.63, 14867.04
NIFTY Intraday Levels for FEB 19 2021 (End of day close basis for NIFTY SPOT not for FUTURE)
( Positional SHORT on Feb 17 @ 15274.78 and reverse to BUY if above 15166.18 )
Buy Above 15136.80
Buy Targets 15166.18,15195.39,15219.00,15242.62,15276.24,15296.65,15366.29,15442.73
Sell Below 15101.10
Sell Targets 15071.72,15042.51,15018.90,14995.28,14961.66,14941.25,14871.61,14795.17
Nifty Trend Change timings for Feb 19 2021 ( predicted for next day)
9:51,10:26,11:46,12:15,13:58,14:04,14:20
REVERSAL IN IOC ?1. Stock has made double bottom about 71.50 and broke out the neckline in JAN then corrected to 200EMA, it again made the same highs after which dividend of 7.50 was declared.
2. Price may reverse from these levels as volumes are also draining.
3. Initiate Long @92.55-94
Target @102
SL @90
1Lot = 6500
Tata Consumer { D - Frame Short }Check the trend lines I drew in d -frame, you'll notice the stock was in uptrend until the " Swing Low " got broken and made a lower Low as mentioned in chart . Yesterday it has formed a IB following an Outside Bar, if it breaks it will generate a good momentum and we're betting on Short side here with targets mentioned in chart
Note :-
Entry - At the break of mentioned candle's low/high
Stop Loss -
In a Short Trade, I always use Previous Candle High ( PCH ) as a stop loss while entering the trade.
Trailing Stop Loss ( TSL ) - Mostly I trail stop loss by PCH as price falls . I exit as PCH breaks & vice versa
Use of PSAR as TSL :- TSL get's hit in trend following due to noise, In such cases I use PSAR to be in trend & exit if PSAR direction change
You can use any one of above mentioned or your own way to manage risk
Time Frame :- I take ~ 90% of my intraday trades in 15m tf. Where my analysis might come from higher frames like W , D or 1hr chart pattern which will be mentioned.
Target :- I do set target line based on support / resistance slightly above/ below it . Please pay attention to it
BPCL - Symmetrical triangle, narrow range - Weekly chartThis analysis is done purely on basis of price action and chart patterns.
The analysis is done on weekly TF hence it can take couple of days to couple of weeks/months to reach the target.
As one can see that the price has been forming a symmetrical triangle pattern for quite some time. And now the price has been consolidating in a narrow range. looking at the increased volume as well as the chart of NIFTY ENERGY (linked below), chances of breakout and upmove are higher than a breakdown and fall.
NIFTY ENERGY WEEKLY CHART -
Entry can be made above the high of last candle. Targets can be previous swing highs and SL can be below the low of this last green candle.
If price gives a breakdown, then wait for confirmation, because it may be a false breakdown to make the weaker hands exit from stock before it starts its upward rally.
Pls note that this analysis is for study purpose.
Traders must do their own study before entering into any trade. Traders should trade with their own risk capacity and money management.
Feel Free to comment for any query or suggestion regarding this stock or Price Action Analysis/Chart Study
One more chart of HINDPETRO for study purpose for beginners is linked here. It is from same sector. Check out and find out opportunities.
RECLTD - Breakout and retest - Positional TradeThis analysis is done purely on basis of price action and chart patterns.
The analysis is done on weekly TF hence it can take couple of days to couple of weeks/months to reach the target.
The image is self explanatory.
Range for entry, SL and Target is shown in image itself.
This analysis is for study purpose.
Traders must do their own study before entering into any trade. Traders should trade with their own risk capacity and money management.
Feel Free to comment for any query or suggestion regarding this stock or Price Action Analysis/Chart Study