siddharthtrivedi077

siddharthtrivedi077 Updated 

HDFCBK bottoming out on the shorter timeframe, we can see a double bottom with the neckline at 1705, has support near 1668. Above 1705 can go long for targets - 1715/1722/1742 Below 1668 can go short for targets- 1650/1635/1620

siddharthtrivedi077 Updated 

SPX at crucial levels, If bulls fail to hold 4700 on Monday and the index starts sliding below 4680, we could easily get to see an intraday fall towards 4625/4600 levels. Whereas on the other if bulls conquer 4700 and starts sustaining above the same we would be looking at 4775/4790 on the index! Simple price action could get you a move of 2% on the index!

siddharthtrivedi077 Updated 

We have a breakout in HCLTECH, Volume looks too good here with 1510 as a stop loss on daily one can go long with targets of 1550/1580/1600.

siddharthtrivedi077

Interesting analysis on M&M, as we can see on the chart whenever M&M moves in the zone of 1620-1630, usually we get to see the move upwards and make a new swing high. M&M approaching that magic zone again. stop loss - close below 1620

siddharthtrivedi077 Updated 

#Axisbank is near its resistance of 1108-10, Buy only above 1110 (hourly closing) for a minimum target of 1125 and final target of 1150 with a stop below 1108 (hourly closing).

siddharthtrivedi077 Updated 

Negative divergence seen on #cnxenergy on Daily timeframe, we would be looking at a crack of minimum 1800-2000 points here. Traders can look for week energy stocks and short them. Traders should stop out once the index trades and sustains above 33800!

siddharthtrivedi077

Reliance at big breakout zone, any close above 2632 and reliance should fire 100-200 points, supports are marked on the chart in black. currently the stock has been moving a tight range of 2580-2632. long positions should be made once we cross 2635 and sustain above it!

siddharthtrivedi077

Britannia has broken out with great volumes, retest done too. Going long at current levels looks good with a target new ATH, can stay in the long trade as long as the stock is trading above 5270! Supports are marked on the chart.

siddharthtrivedi077

Tata steel had a previous swing high at 138.65, price not only managed to break previous swing high but also managed to get the candle closing above it. It looks very strong currently and most probably headed towards 150+ SL- 132 (Daily closing)

siddharthtrivedi077 Updated 

We have a rangebound price action in #BOSCHLTD, stock has been moving a range of 21500-22200, any hourly closing above/below can give us a movement of 600-700 points in that direction.

siddharthtrivedi077

Clean breakout in #CESC, Traders should look for long opportunities in the stock. Investors can add the stock at multiple entry levels. S1- 102 S2- 95 S3- 92 Below 92, investors should look to exit the stock and book Loss!

siddharthtrivedi077

We have a breakout in Centuryply, volumes has been very good for the last 2 weeks. Traders should look for long opportunities in the stock till the stock trades above 710. Buying range - 710-750

siddharthtrivedi077

look to go long in #CDSL until 1590 levels are held, As we can see the stock has broken free with high volumes! Stocks looks in a very strong upwards trend. S1- 1725 S2- 1590.

siddharthtrivedi077

#INDIACEM has been moving in a range of 245-275, traders can play the given range or can wait for a breakout/breakdown in the stock and then positions can be made, short only once the stock has a hourly closing below 245 and long only above 275 hourly closing!

siddharthtrivedi077

we have a breakout in #gail, with support around 130-33, one can go long with a long investment horizon by buying at every dip till 130 levels are held. FnO Traders can look at the long side once there is enough traction in the stock and the option!

siddharthtrivedi077

We have a Range breakout in #Wipro after making a successful base around 350-380 levels, stock has managed to break the range upwards.Imp Levels marked in Black. Wipro can go towards new highs, Buy on dips until 370-377 Levels held! R1- 490 R2- 540 R3- 615 S1- 444 S2- 377 S3- 355.

siddharthtrivedi077

A total rangebound week, can go long/short when either side is breached

siddharthtrivedi077

We have a range breakout in BATAIND, buy at 1450 for a target of 1550 with a stop at 1430. #BATAIND