Sequent Scientific PE is negative at -42
THE CARLYLE GROUP ACQUIRES A MAJORITY STAKE IN SEQUENT SCIENTIFIC LIMITED
Shares of Sequent Scientific soared over 9 percent in early trade on September 15 after the company's board approved the sale of its API (Active Pharmaceutical Ingredient) facility in Thane
Sequent Scientific (NSE:SEQUENT) delivers shareholders decent 8.8% CAGR over 5 years
Sequent Scientific shares jump 15% after terminating Tineta Pharma's proposed acquisition
mutual funds have increased stake from 0.25% to 1%
DII also increasing stake significantly
stock has come out of accumulation Phase!!!
Bankniftyview
BankNifty levels - Dec 27, 2023Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
Banknifty View - 26 December 2023
The market will remain sideways from 47650 to 47737. I will plan a finnifty short strangle or sell puts with appropriate risk to reward.
Market sentiment today is bullish. So we can plan a bullish trade—SL with 47650 and Target as 47830.
The market will be bearish if it sustains below 47600. The target will be 47450, and then I will trail. But for now, my view is sideways to bullish.
#banknifty directions and levels for DEC 26th"Good morning, friends. Here are the directions for December 26th: The global market sentiment is moderately bearish, supported by the Dow Jones, while our local market sentiment shows a similar trend. It might open with a neutral to a gap-up start, as indicated by Giftnifty showing +45.
If the market sustains the gap-up or consolidates, we can expect a range market to pull back for continuation. On the other hand, if the initial market declines sharply or the initial pullback is rejected around the immediate resistance, then we can expect a correction. In my opinion, we are experiencing a range market structure, which is a challenging aspect of trading. Therefore, if we witness a solid structure or minor consolidation, we can consider this for a trend continuation trade."
FASP levels for Bank Nifty 26/12/2023The FASP for BankNifty is listed for 26-12-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
Banknifty - Weekly Analysis & Prediction for 26 to 29th Dec 202Banknifty Prediction for Tuesday and Next Week
BEARISH Trend & Strong Trending move is expected
I have marked the support and resistance levels in the chart which you it yours and plot the levels on your chart. Also I have marked the direction which Im expecting next week and for tuesday.
Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
BANKNIFTY Sideways prediction for tomorrow 26 Dec 23Banknifty has been facing resistance at 48000. according to the OI data, 48000 has PCR 0.33, which is very hard resistance to break. 47500 is the intermediate decision point from which it can fall or take support. Today, it was mostly New CE writing and PE roundoff, which shows a bearish trend is nearby. Also, an ascending triangle pattern is formed; if it breaks to the upside, then the trend will continue. But by the time it's inside the ascending triangle, its move is going to be sideways.
Reasons:
RSI = 40 decline, which means its weak bull power.
An ascending triangle Pattern is being formed.
EMA(200) < Price < EMA(13,50), which means 200 will provide support and 50 EMA upside will provide resistance, which will result in sideways.
PCR = 0.93, which is mildly Bullish.
Continued CE writing at higher levels shows bearishness.
Verdict:
Sideways in ascending triangle
Plan of action:
IRON condor with a range of 500 points.
BankNifty levels - Dec 26, 2023Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
#Banknifty directions and levels for DEC 22.#Banknifty
"According to the wave structure, a subwave three seems to be in progress. Therefore, if the market opens with a gap-up, it's probable that the 3rd wave will likely continue. Once the 3rd wave completes around (SZ or 48389), the 4th wave might undergo a minor correction ranging from 23 to 38%. This correction is also applicable in the case of an initial market decline. This represents the basic structure. However, if the correction breaches the 38% Fibonacci level, it might extend to the 50 to 78% Fibonacci level."
FASP levels for Bank Nifty 22/12/2023The FASP for BankNifty is listed for 22-12-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
Banknifty - Intraday levels & Prediction - for 22 Dec 2023Banknifty Prediction for tomorrow.
BULLISH from 47562 CPR level
BEARISH possible only below 47452
Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
BankNifty levels - Dec 22, 2023Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
#nifty directions and levels for DEC21"Good morning, friends. Directions for December 21st: The global market sentiment is moderately bearish, supported by the Dow Jones, while our local market sentiment shows a similar trend. It might open with a gap-down start, indicated by Giftnifty showing -120.
After that If the market sustains the gap-down or consolidates, the correction could continue with minor pullbacks. On the other hand, if the initial market shows a solid pullback, we might expect a minimum pullback ranging between 23 to 38%. It's important to note that this is a minor pullback and not a reversal. Should it reach 38% with a three-wave structure, it will act as strong resistance. If it gets rejected at this point, we can anticipate the continuation of the correction. Conversely, if it breaks past this level, consider a breakout entry and set your targets at 50% and 61%."
#Banknifty directions and levels for DEC21"Good morning, friends. Directions for December 21st: The global market sentiment is moderately bearish, supported by the Dow Jones, while our local market sentiment shows a similar trend. It might open with a gap-down start, indicated by Giftnifty showing -120.
After that If the market sustains the gap-down or consolidates, the correction could continue with minor pullbacks. On the other hand, if the initial market shows a solid pullback, we might expect a minimum pullback ranging between 23 to 38%. It's important to note that this is a minor pullback and not a reversal. Should it reach 38% with a three-wave structure, it will act as strong resistance. If it gets rejected at this point, we can anticipate the continuation of the correction. Conversely, if it breaks past this level, consider a breakout entry and set your targets at 50% and 61%."
BankNifty levels - Dec 21, 2023Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
Banknifty Prediction for today 20 Dec 23As we discussed, Banknifty yesterday had a performant sideways moment. By looking at the chart now, 48000 has a huge resistance point, as OI data also shows huge CE writing at 48000 with PCR of 1:3. I expect it to be sideways because 48000 has good resistance with price-action and OI data. And 47500 has multiple support points such as EMAs and price action.
Reasons:
Sideways Rectangle pattern consolidation.
Price-taking support at EMA-50.
OI shows huge CE writing at 48000, having PCR 1:3. It Shows a bearish signal, but the overall PCR is 0.88, which is mildly bullish.
having multiple support point downsides as EMAs and price action levels. 47500 will be acting as a very nice support point.
RSI is 40-60, which is, most of the time, sideway.
Verdict:
Sideways
Plan of action:
wait for 15 min candle, and follow the chart levels and analysis. Be neutral unless you get either side to breakout.
FASP levels for Bank Nifty 20/12/2023The FASP for BankNifty is listed for 20-12-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
Bank Nifty View Deceptively Bullish - 15 December 2023This morning, my view was bearish to sideways. So, I shorted BNF and sold calls in Sensex options as nifty was much stronger than BNF.
The 9:55 candle made me question my view. It dominated the 9:50 candle, which was completely bearish, eating up all my profits and turning red.
Today's market is a little bit tricky.
Closing below 47665 will be SL. Target is 47881 and 47942.
Banknifty Live Intraday Updates for 19-12-23 !BankNifty important levels to watch are as follows
#Support: 47800
Sell below: 47800 only on 15 minute candle closure below the level.
Target 1: 47670
Target 2: 47500
#Resistance: 48000
Buy Above: 48000 only on 15 minute candle closure Above the level.
Target 1: 48230
Target 2: 48500
=> # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
=> # Please refer our Indicators published on tradingview if you find it useful give it a like.
=> # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section.
#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.