Incisive Nifty Trend Analysis

[manojborle]

Sincere request to all. Please don't clutter this thread. We are not here to prove our trading results. Restrict your post to market analysis only as the name of the thread suggests.

Sorry Sir, I will not repeat the mistake of posting trades here.

 

[prada]

This stock has done exceedingly well in the last 2 weeks. Time to book profits in this counter. Good level for re-entry would be 220-225.

Bhel- CMP 204

IMO, the stock has bottomed out and should bounce back to test 230-240 levels in the near term. It has Strong support around 188-195 level. Risk:Reward favours the buyers.

 

[Bewinner]

I booked little early Mr. Prada...Anyway thanks for sharing as I asked you on this counter.

 

[timepass]

Vix games again. The index goes down, and so does the vix .. screws up all the options calculators, I guess.

 

[saddaum]

dont hav ny positions waiting for 5600 lvls

 

[ashish2010]

Vix games again. The index goes down, and so does the vix .. screws up all the options calculators, I guess.

Dear TP,

what do you mean by vix????????

 

[timepass]

Dear TP,

what do you mean by vix????????

volatility

 

[josh1]

Sideways channelled movement, likely to break on upside tomorrow or Thursday.

 

[Bewinner]

Hi Josh,

As per your last post the chart indicates a downward channel... but in your previous post somewhere you mentioned that still some upward stream left and tgt could be 5800-5900..So what's your latest view. Do you still hold the same view?

 

[josh1]

Hi Josh,

As per your last post the chart indicates a downward channel... but in your previous post somewhere you mentioned that still some upward stream left and tgt could be 5800-5900..So what's your latest view. Do you still hold the same view?

Yes. Downward sloping wedges/flags are generally broken on upside. Last post was 15min. TF. See 1 hr. TF chart below. Support is on the TL joining bottom of 6 Sept and 20 Sept.