Category: Equity
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TRADE SETUP – SUNPHARMA
Dear All, It was an amazing last 2 weeks in markets. Nifty went up and then down and then started showing some strength upwards. So, My 1st pick is Pharma Sector. Last week nifty pharma has moved 2.5%. There is a Positive Divergence also on daily charts.Price action suggests that positive move can continue.Though the bigger…
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TRADE SETUP – ACC – BEARISH ENGULFING CANDLESTICK PATTERN
Dear All, As usual, I prefer to trade less number of stocks instead of opening so many trades at a time. Maruti didn’t work well for us. Anyways that’s past now. Let’s focus on next setup. Now I got the setup in ACC. Price tries to Test the last resistance zone of 1825 to 1785 and…
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NIFTY UPDATE – NICE PULL BACK!
Dear All, As expected, Nifty bounced back from confulence area of Fib 50% Level and Trendline. You can click here to check my last update on Nifty. We booked almost 200-195 Points. So as of now It’s a wait and watch situation. Will keep updating if any trade setup comes in! Below is the Chart…
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NIFTY UPDATE – PERFECT SUPPORT LEVELS
Dear All, I have shared Nifty view earlier when it broke the rising wedge pattern. As expected fall was fast, same as last 2 falls (10170-9700). Important here to watch is the time frame is same 7 Days. Nifty entered into the last Channel between 10178 – 9700 levels. I’m expecting that Price will definitely try…
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UPDATE – MARUTI TRADE
Dear All, Seems like some pullback may come in Maruti.Future Lot holders who shorted at 8180 are still in the profit. So keep SL 8220 – or 1 can exit at this current levels too 8130-8140! Else hold with SL 8220! Options Player who took the position by buying Put. My advised was t0 exit in…
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UPDATE -THANKS TO BAJAJ FIN – ALL TARGETS ACHIEVED – PROFIT 31000 PER LOT!
Dear All, I have given you trade setup in Bajaj Finance. You can check my previous post by clicking Bajaj Finance above. All Targets have done today Hope you made decent money! Per lot Profit of Rs 31000! Yippie 🙂 Cheers Sid
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NIFTY UPDATE – STOP LOSS TRAIL DOWN
Dear All, As advised in my earlier post. Nifty short triggered @ 10380. Nifty is now at 10233 levels. Please Trail Stop loss to 10280 level. Nifty is now at important support levels between a range of 10271-10149 levels. If Nifty goes further below, I’ll update the Stop loss ! So as of now we…
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UPDATE – USDINR – 1ST TARGET DONE ! CHEERS
Dear All, from 64.70 USDINR, It’s now 65.50.. My 1st target done.. Please book 50% Profit and Hold the Long Positions with Trail SL 64.90 ! Cheers Sid