Category: Equity

“TRADE POSSIBILITY – YES BANK” There is a trade opportunity with Yes Bank. After reaching all time high of 1861.. Price has retraced to a low of 1686. Pull back happened and price manage to reach 1819 levels to 76.4 levels of fib retracement. Price action at imp fib retracement level indicates some further downside.…

” Bull or Bear – Nifty “ After correcting from its all time high levels of 10138 spot levels and made a low of 9685 spot levels, Nifty went into sideways and entered a consolidation phase. Price is also moving in a upward triangle Pattern. Breakout of Triangle can give a good entry point on…

Trade setup – S&P 500 Index. Price is consolidating and nicely moving in a triangle. So as of now one can go short below 2459 for Targets 2440-30-20. Wait for Triangle breakout for next move which can either continue the previous up trend or can change the trend to down if price goes below 2400.…

Dear Subscribers, Whosoever has bought Tata Steel in futures has a running profit of Rs 17000-18000 per lot 🙂 1 lot holder please book and rest hold with SL 643 Cheers Sid

I have mentioned a trade possibility of Tata Steel as there is a rising wedge + negative diversion. Today Some steel stocks has breakout on the upside like JSW steel.. So now there is another possibility builds up that it might break the upper trendline of the Rising wedge. so now we have 2 possibilities…

Tata Steel has made a rising wedge on Daily chart with RSI 14 negative diversion. So if rising wedge breaks one can go short below 628 Target 615-605-595. Daily Chart are hereby for your reference  

Dabur on daily charts has made a H&S pattern. So fall below 296 with heavy volumes can take price to test last highs of 288-284-280 levels. But as per H&S Pattern, Price should fall to 265-270 Levels. Keep a Track !!  

EURJPY TRADE SETUP – How to see the Trade possibility ? 1. Trend – Identification of the Trend – “UP or DOWN” Price is making Higher Highs and Higher Lows – Trend is “UP” Price is making Lower Highs and Lower Lows – Trend is “Down” Now you have 2 possibilities – (I) Contra Trade…

SHORT TERM TRADE SETUP – “RELIANCE INDUSTRIES” Reliance Industries has made a rising wedge Pattern and also has negative divergence on RSI (14). Bearish Engulfing Candlestick Pattern at the Top also confirms that Bears are getting active. On Weekly Chart Price is perfectly moving into parallel Channel. Price has tested the Upper trend line of…

S&P 500 has started showing some weakness. Charts are indicating some retracement to the level of 2440. Head & Shoulder Pattern formation clearly visible on Hourly Chart. Line Chart showing negative diversion on Daily Time frame. S&P 500 index perfectly moving in a channel and can test the lower trend line of the Channel.