Get started

Analysis

Banknifty Long Levels Certainly! Let’s take a look at the recent levels for the BANKNIFTY index. Keep in mind that these levels are subject to change based on market conditions, so it’s essential to stay updated. Here are some key points: July 31 Levels: Price range: 51250 to 51900 Buy above: 51360 Stop loss: 51280 Targets: 51440, 51520, 51600, 51720, and 51800 Sell below: 51220 Stop loss: 51300 Targets: 51160 August 7 Levels: Price range: Support zone Buy above: 49860 Stop loss: 49780 Targets: 49940, 50020, 50100, 50220, and 50400 Sell below: 49640 Symmetric Triangle Targets Met: Bank Nifty successfully hit both targets from the recent symmetric triangle pattern within two days. Immediate support: 49,620 Immediate resistance: 50,420 and 50,700 Intraday Trade Setup for August 5, 2024: Bullish above: 51610 Invalid below: 51500 Targets: 52137 Bearish below: 51080 Invalid below: 51190 Targets: 50550 Bearish Divergence: The RSI reading on BNF shows bearish divergence, which may lead to a test of Fibonacci retracement levels around 49650.
NSE:BANKNIFTY
by Optionclub
Banknifty levels for Intraday Trader'sCertainly! Let’s take a look at the recent levels for BANKNIFTY, the index representing the banking sector in India. Keep in mind that these levels are subject to change based on market conditions, so it’s essential to stay updated. Here are some key data points and recent analysis for BANKNIFTY: TradingView Chart: Price Range (July 31): BANKNIFTY was moving within the range of 51,250 to 51,900. Pattern: Range Trend Strength: Normal Buy Above: 51,360 Stop Loss: 51,280 Targets: 51,440, 51,520, 51,600, 51,720, and 51,800. Sell Below: 51,220 Stop Loss: 51,300 Targets: 51,160 Google Finance Data: Previous Close: ₹50,119.00 Day’s Range: ₹49,829.60 - ₹50,440.75 52-Week Range: ₹42,105.40 - ₹53,357.70 TradingView Intraday Levels (August 6, 2024): Buy Above: 50,100 Stop Loss: 49,890 Targets: 50,250, 50,400, 50,550 Sell Below: 49,890 Stop Loss: 50,100 Targets: 49,700, 49,530, 49,290 No Trade Zone: 49,890 to 50,100 Previous Day High: 50,780 Previous Day Low: 49,700 EquityPandit Data: Today’s Low/High: ₹51,087.85 / ₹51,608.70 52-Week Low/High: ₹42,105.40 / ₹53,357.70 Remember that these levels are based on technical analysis and historical data.
NSE:BANKNIFTY
by Optionclub
PCR (PUT CALL RATIO) With Professionals The Put Call Ratio (PCR) is a tool in the stock market to understand how investors feel about a stock or the market's future. It compares the number of put options to call options traded. More puts traded mean investors expect prices to fall (bearish). More calls traded mean investors expect prices to rise (bullish). PCR is also considered as a contrarian indicator which helps traders not to get caught in the herd mood of the market. Based on the extreme PCR ratio, the trader might take a call to buy or sell against the prevailing mood of the market
NSE:BANKNIFTYEducation
by Optionclub
2
Gold buyers take a breather above 100-SMA, focus on $2,450Gold's recent strong performance suggests a positive sentiment among buyers, especially with its breakout above the 100-SMA and supportive RSI and MACD indicators. This technical strength points to a potential push towards the $2,450 resistance level, with further challenges anticipated at around $2,470 from a mid-July trend line, and additional resistance at $2,495 and $2,500. On the downside, sellers will need a break below the 100-SMA, currently around $2,411, to gain momentum. Such a move could test the $2,400 mark, with further support levels at $2,383 and $2,350. In summary, while Gold is currently on the buyers' radar, the upcoming resistance levels may cap the upside potential.
OANDA:XAUUSD
by MTradingGlobal
#Banknifty directions and levels for August 7th. Even though the previous session opened with a gap-up, it didn’t sustain,BankNifty maintained their bearish bias. Today also the market may open with a minimum of 200 points positive. What about today? If this happens structurally, it could turn into a range market. Range market movements are usually difficult to predict. However, my expectation is that if the market opens with a gap-up and breaks the 38% level solidly, we can expect the next target at 50,468. After that, if it consolidates, the pullback will continue. On the other hand, if it rejects this level, the range market will likely continue. Alternatively, if the gap-up doesn’t sustain, it may consolidate within the previous day's range. In this variation, a correction is anticipated only if it falls below the previous low.
NSE:BANKNIFTY
by Manickamtraders
Option Trading with Professionals Options are financial contracts that give the holder the right (but not the obligation) to buy or sell a financial instrument (like stocks, funds, commodities, or indexes) at a specific price within a certain time frame. There are two main types of options: Call options: Give the right to buy the underlying asset. Put options: Give the right to sell the underlying asset. Options derive their value from an underlying asset, and a stock option contract typically represents 100 shares of the underlying stock. Key Features of Options: Strike Price: The price at which an option can be exercised. Expiration Date: The date at which an option expires and becomes worthless. Option Premium: The price at which an option is purchased.
NSE:BANKNIFTYEducation
by Optionclub
1
ICICIBANK 1 hour Levels for swing Traders #Option's Certainly! Here are the intraday trading levels for the ICICIBANK : Intraday Trading Levels: For intraday trading in ICICIBANK , consider the following levels: Support & Resistance Trend Lines from Daily Chart: These trend lines provide important support and resistance levels. Previous Day High (PDH) and Previous Day Low (PDL): These levels act as support and resistance during live market hours. Remember that trading involves risks, and it’s essential to have a well-defined strategy and risk management plan. NOTE #This channel Purpose to share market ideas. Thanks for Watching🙏
NSE:ICICIBANKLong
by Optionclub
HDFCBANK 1 hour Levels for swing Traders #Option's Certainly! Here are the intraday trading levels for the HDFCBANK : Intraday Trading Levels: For intraday trading in HDFCBANK , consider the following levels: Support & Resistance Trend Lines from Daily Chart: These trend lines provide important support and resistance levels. Previous Day High (PDH) and Previous Day Low (PDL): These levels act as support and resistance during live market hours. Remember that trading involves risks, and it’s essential to have a well-defined strategy and risk management plan. NOTE #This channel Purpose to share market ideas. Thanks for Watching🙏
NSE:HDFCBANKLong
by Optionclub
Reliance 1 hour Levels for swing Traders #Option's Certainly! Here are the intraday trading levels for the Reliance : Intraday Trading Levels: For intraday trading in Reliance, consider the following levels: Support & Resistance Trend Lines from Daily Chart: These trend lines provide important support and resistance levels. Previous Day High (PDH) and Previous Day Low (PDL): These levels act as support and resistance during live market hours. Remember that trading involves risks, and it’s essential to have a well-defined strategy and risk management plan. NOTE #This channel Purpose to share market ideas. Thanks for Watching🙏
NSE:RELIANCELong
by Optionclub
Nifty-50 1 hour Levels for swing Traders #Option's Certainly! Here are the intraday trading levels for the Nifty-50 : Intraday Trading Levels: For intraday trading in Nifty-50 , consider the following levels: Support & Resistance Trend Lines from Daily Chart: These trend lines provide important support and resistance levels. Previous Day High (PDH) and Previous Day Low (PDL): These levels act as support and resistance during live market hours. Remember that trading involves risks, and it’s essential to have a well-defined strategy and risk management plan. NOTE #This channel Purpose to share market ideas. Thanks for Watching🙏
NSE:NIFTYLong
by Optionclub
CNXIT or Nifty-IT Levels For Swing Trader's #stocksCertainly! Here are the intraday trading levels for the CNXIT or Nifty-IT : Intraday Trading Levels: For intraday trading in CNXIT or Nifty-IT , consider the following levels: Support & Resistance Trend Lines from Daily Chart: These trend lines provide important support and resistance levels. Previous Day High (PDH) and Previous Day Low (PDL): These levels act as support and resistance during live market hours. Remember that trading involves risks, and it’s essential to have a well-defined strategy and risk management plan. NOTE #This channel Purpose to share market ideas. Thanks for Watching🙏
NSE:CNXITLong
by Optionclub
Bank-nifty 1 hour Levels for swing Traders #Option'sCertainly! 🚀 The Bank Nifty (BANKNIFTY) is an index that tracks the performance of the banking sector in the Indian stock market. Here are some key details and recent trends: Current Price and Range: As of the latest data, the Bank Nifty is trading around 51,295.95. The day’s range has been between 50,438.30 and 51,398.60. Recent Performance: Over the past: 1 day: Up by 0.84% 5 days: Up by 0.35% 1 month: Down by 1.96% 6 months: Up by 12.29% Year to date: Up by 7.54% 1 year: Up by 13.82%. Intraday Trading Levels: For intraday trading in Bank Nifty, consider the following levels: Support & Resistance Trend Lines from Daily Chart: These trend lines provide important support and resistance levels. Previous Day High (PDH) and Previous Day Low (PDL): These levels act as support and resistance during live market hours. Remember that trading involves risks, and it’s essential to have a well-defined strategy and risk management plan. NOTE #This channel Purpose to share market ideas. Thanks for Watching🙏
NSE:BANKNIFTYLong
by Optionclub
Ambika Cotton Mills Ltd | A Trending sectorAmbika Cotton Mills Ltd | A Trending sector Ambika Cotton Mills is engaged in manufacturing and selling specialty cotton yarn catering to the needs of manufacturers of premium branded shirts and t-shirts. Exports constitute significant portion of the operations. The company operates with total installed spindle capacity of 108288 (Previous Year 108288 Spindles) of compact facility housed in four units and Knitting facility of converting 40,000 Kgs of yarn per day into fabrics. Market Cap =₹ 1,014 Cr. ROCE=20.7 % ROE=14.5 % Debt to equity=0.00 Promoter holding =50.2 % Profit Var 3Yrs=28.9 % Sales growth 3Years=10.8 % Return on assets=12.4 % company s almost debt free and having good sales and profit growth. chart shows rounding bottom and consolidation period over . its time to up move in momentum side. friends I am not SEBI registered analysis. this is just education purpose only. before investing please do your research. if you like my simple way to teach technical and fundamental analysis than like boost and follow for more. thanks for supporting me.
NSE:AMBIKCOLong
by Momentuminvesting5540
Wipro Ltd | A Strong IT Momentum StockWipro Ltd | A Strong IT Momentum Stock Wipro Ltd is a global Information technology, consulting and business process services (BPS) company Financial: strong Market Cap = 2,41,673 Cr. ROCE = 17.7 % ROE b= 15.9 % Debt to equity = 0.26 Promoter holding =72.9 % Quick ratio = 2.28 Current ratio = 2.29 Piotroski score = 5.00 Profit Var 3Yrs= 5.30 % Sales growth 3Years = 14.0 % Return on assets = 10.1 % you Can see clearly rounding bottom create and good consolidation already done since 2 years. stock is at good price. also feb retracement is also support in level. moreover all IT sector is ready become rocket bcz USA market is also in positive trend. Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation. If you like my ideas than like boost and follow me for more ideas. Thanks and comment freely
NSE:WIPROLong
by Momentuminvesting5540
Paradeep Phosphates Ltd | AGRI Momentum StockParadeep Phosphates Ltd | AGRI Momentum Stock Incorporated in 1981, Paradeep Phosphates Limited is a manufacturer of non-urea fertilizers and India’s second largest private sector phosphatic company. Financial: strong Market Cap = 6,264 Cr. Current Price = 76.8 Face Value = 10.0 ROCE = 11.0 % ROE = 11.0 % Debt to equity =1.14 Promoter holding = 56.1 % Quick ratio = 0.71 Current ratio = 1.06 Profit Var 3Yrs = 17.4 % Sales growth 3Years = 47.1 % Return on assets =3.38 % here I discuss trending sector stock paradeep phosphates. I am technically bullish in this chart. stock is entered in unterritorial chart pattern. now we have to see how it works. as well as stock financial is also good. And coming election would be also plus point for this agri sector stock. Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation. If you like my ideas than like boost and follow me for more ideas. Thanks and comment freely
NSE:PARADEEPLong
by Momentuminvesting5540
$ASX:GEM High Piotroski Score and Near Breakout OpportunityASX:GEM G8 Education is consolidating and is on the verge of a breakout after a long 4-year consolidation period. With impressive profit margins, a favorable P/E ratio relative to near-term earnings growth, and a very high Piotroski score, the stock presents a strong investment opportunity. Macquarie Group has added a higher ranking to G8 Education. The company operates in the education and childcare sector, which is consistently strong in Australia. Fundamentals: Impressive profit margin Favorable P/E ratio relative to near-term earnings growth Very high Piotroski score Consistent profitable growth Operates in the education and childcare sector, a consistently strong industry in Australia Technical: Consistent volume Rising RSI Likely breakout after 4 years of consolidation ASX:GEM ASX:GEM
ASX:GEMLong
by hrishikeshrahalkar
CAMS pattern + speculationThis is the time when everyone can see a cup pattern is forming but handle can be at lower levels. But chart is showing resistance at current price level. It may further go down to form a proper handle or stick to the current level. Pattern: > Wait for the formation of proper handle. > Buy when there is a breakout with volume. Speculation: > Buy at dips to get more gain due to swings in handle. > A beautiful cup formed at larger level it has higher chances to form a niche handle. Get more involved in buying. NOTE: This is for education purpose only.
NSE:CAMSLong
by karankumar1609
1