Super Performance Trading & Wealth Creation
L&T near make or break zone.If holds the support of 1560 area then bulls will take charge,Below 1550 bear area to play short term reversal
L&T dipped to mentioned support of 1560 and bounced.Intraday traders only had a risk of 10 points there as bear area below 1550
Super Performance Trading & Wealth Creation
Shriram Transport near lower end of the consolidation range.Bulls can try low risk entry on bullish price action candle with sl below 1240 or else bears will take charge once that level is broken and closed
Shriram Transport gave superb low risk entry at mentioned support.Stop was 1240 and stock bounced 1243 to 1297 intraday
Super Performance Trading & Wealth Creation
Kotak Bank breaking out but near hurdle of 1830-1840.Bulls and bears both have opportunity as per candle confirmation or rejection
Kotak Bank fell more than 55 points from opening levels near the hurdle zone.Open=High at hurdle was an added signal
Super Performance Trading & Wealth Creation
L&T near make or break zone.If holds the support of 1560 area then bulls will take charge,Below 1550 bear area to play short term reversal
L&T 100 points plus move with just 10 points stoploss for swing traders.What a beauty for price action👍🏻
Super Performance Trading & Wealth Creation
Auro non stop red candles.No buy signal or price action at support area all near support.Avoid as of now
Weekly chart setup became invalid due to that
Super Performance Trading & Wealth Creation
Bank Nifty consolidating in 35600-36100 range.Move past this can give 400-500 points quickly either side.Support 35100 resistance 36450.Looks good opportunity for option traders to play the range for decay
Bank Nifty now trying to breakout of the 1800 points range.Bulls can ride it with futures if risk capability is good or options if less risk taker.Stop below swing low
Super Performance Trading & Wealth Creation
Bank Nifty now trying to breakout of the 1800 points range.Bulls can ride it with futures if risk capability is good or options if less risk taker.Stop below swing low
Option data also indicating good buildup by bulls with a lot of writing at 36000pe
Super Performance Trading & Wealth Creation
Nifty today rested at the trendline,below 16200 it can test the gaps of 16135 and 16025 which will act as support.On the upside 16350 is acting as resistance and for further upside need to sustain above that
Nifty now going up too fast too soon mode.Immediate supports at 16450-16360 for bulls.Bears won't dare big unless 16150 is broken with huge volume,even in that also they get emre 200 points as 15950 is a support for bulls at lower levels on short term charts
Super Performance Trading & Wealth Creation
Nifty now going up too fast too soon mode.Immediate supports at 16450-16360 for bulls.Bears won't dare big unless 16150 is broken with huge volume,even in that also they get emre 200 points as 15950 is a support for bulls at lower levels on short term charts
Option data is over heated.Although in favour of bulls but can work as a double edge sword.Nearest three strikes on put side has 1.55 cr buildup, and that's boiling
Super Performance Trading & Wealth Creation
Bitcoin breakout is holding out.Now momentum has shifted from sell on rise to buy on dips mode.Trend changed only below 40k.Satta chalu 24 hours
Bitcoin hits 50k++. The dip to 43k was bought into✅
Super Performance Trading & Wealth Creation
Naukri breaking out after correction.Bulls can keep an eye on price vol breakout with support 5600
This stock looks good to add on dips till 5100-5060 levels for investment as target looks much higher in medium term