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Nifty Intraday Analysis for 31st October 2024NSE:NIFTY
Index closed near 24340 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24500 Strike – 115.60 Lakh
24600 Strike – 92.33 Lakh
24400 Strike – 72.98 Lakh
Put Writing
24000 Strike – 98.42 Lakh
24300 Strike – 69.76 Lakh
24200 Strike – 55.91 Lakh
Index has resistance near 24475 – 23525 range and if index crosses and sustains above this level then may reach near 24600 - 24650 range.
Index has immediate support near 24250 – 24200 range and if this support is broken then index may tank near 24100 – 24000 range.
Xauusd Trading setup for 31-10-2024 #Goldsetup #XauusdrocksXauusd reacted as expected and predicted in my levels from 2789
Today also play between 2789 and 2777, avoid trading in between.Always use stoploss
I'm overall bullish on long term but we can expect ocassional selling pressure.
Do boost If you agree:)
Cheers
NIFTY INTRADAY LEVELS FOR 31/10/2024BUY ABOVE - 24500
SL - 24420
TARGETS - 24620,24700,24800
SELL BELOW - 24340
SL - 24420
TARGETS - 24220,24100,24010
NO TRADE ZONE - 24340 to 24500
Previous Day High - 24500
Previous Day Low - 24340
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANK NIFTY INTRADAY LEVELS FOR 31/10/2024BUY ABOVE - 52000
SL - 51700
TARGETS - 52200,52400,52600
SELL BELOW - 51700
SL - 52000
TARGETS - 51420,51100,50900
NO TRADE ZONE - 51700 to 52000
Previous Day High - 52200
Previous Day Low - 51700
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in JYOTISTRUC
BUY TODAY SELL TOMORROW for 5%
Bank Nifty Spot Intraday Technical Analysis for 31st October🚀 Unlock the potential with my #BankNifty Spot Intraday Technical Analysis for 31st October, 2024!
✨ Boost, follow, and engage for more detailed insights. Your support helps us bring you the latest and most accurate updates! 🚀❤️ Read footer note to know how I derive these levels.
📍 Range Trigger Point: 51808
📅 Day Range: 487
📈 Long Position
🔹 Buy Above: 52034
📊 Average Position: 51977
🎯 Target 1: 52108
🎯 Target 2: 52295
⛔ Stoploss: 51872
📉 Short Position
🔹 Sell Below: 51919
🎯 Target 1: 51507
🎯 Target 2: 51321
⛔ Stoploss: 52081
✨ With over 6 years of research and backtested strategies, I provide clear intraday and positional trading levels for indices such as Nifty50, Bank Nifty, Fin Nifty, and Mid-Cap Nifty, along with commodities like Crude Oil, Natural Gas, Gold, Silver, Copper, and Zinc in both US and MCX markets.
My analysis is based on the position of buyers and sellers on previous day's technical charts. By studying candlestick patterns, trading volume, indicator confirmations, and other such important signals, I can identify the best price ranges, entry points, timing, and appropriate stop-loss levels.
I teach a specific trading approach based on live market confirmations to make the most of these levels. Follow and connect with me to learn how to effectively implement these strategies and improve your trading results! 📈
#BankNifty #BankNiftyFuture #BankNifty50 #Nifty50 #NiftyFuture #FinNifty #MidCapNifty #TechnicalAnalysis #IntradayTrading #MCX #TradingSignals #StockMarket #Investing #TradingAnalysis
Nifty Intraday Analysis for 30th October 2024NSE:NIFTY
Nifty Intraday Analysis for 30th October 2024
Index closed near 24465 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 105.79 Lakh
24500 Strike – 71.96 Lakh
24800 Strike – 55.64 Lakh
Put Writing
24000 Strike – 87.15 Lakh
24400 Strike – 57.08 Lakh
24500 Strike – 55.58 Lakh
Index has resistance near 24550 – 23600 range and if index crosses and sustains above this level then may reach near 24750 - 24850 range.
Index has immediate support near 24300 – 24200 range and if this support is broken then index may tank near 24050 – 24000 range.
Nifty Still not comfortable to go North inspite nifty looking like taking support but still as per Elliot wave pattern its forming a incomplete structure.
The bounce from 24073.9 level may get sell off from 24561 level and then Index is expected to move down @ 23714 level and complete its correction in smaller cycle which started from 26277.35 level and will complete wave Y (red) which will be completion of Wave . from where we can expect a start of Wave (4) Blue.
Which means we can take position for riding Wave (5) Blue. Best entry will be @ 23714- 23 -23316 zone with stop loss of 22820 levels on NIFTY INDEX
Please note since NIFTY is in a strong Bull wave scenario on higher time frame we dont recommend in any selling or short position. We should only look for buying opportunity that too at the most probable reversal point as mentioned above.
Target we can expect min 3000 -3500 points Up move from entry level.
Disclaimer: we are not SEBI registered advisor. Please asses your risk and consult your financial advisor before taking any actual position.
This view presented is only for Educational purpose.
WISH YOU A HAPPY DIWALI AND HAPPY TRADING
BANK NIFTY INTRADAY LEVELS FOR 30/10/2024BUY ABOVE - 52400
SL - 52200
TARGETS - 52600,52800,52970
SELL BELOW - 52000
SL - 52200
TARGETS - 51700,51420,51100
NO TRADE ZONE - 52000 to 52400
Previous Day High - 52400
Previous Day Low - 51100
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 30/10/2024BUY ABOVE - 24450
SL - 24340
TARGETS - 24530,24620,24700
SELL BELOW - 24340
SL - 24450
TARGETS - 24220,24100,24010
NO TRADE ZONE - 24340 to 24450
Previous Day High - 24450
Previous Day Low - 24100
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in AMIORG
BUY TODAY SELL TOMORROW for 5%
Nifty Intraday Analysis for 29th October 2024NSE:NIFTY
Index closed near 24340 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 108.39 Lakh
24500 Strike – 84.41 Lakh
24800 Strike – 58.34 Lakh
Put Writing
24000 Strike – 74.50 Lakh
24500 Strike – 51.67 Lakh
24400 Strike – 43.44 Lakh
Index has resistance near 24500 – 23600 range and if index crosses and sustains above this level then may reach near 24750 - 24850 range.
Index has immediate support near 24150 – 24050 range and if this support is broken then index may tank near 23900 – 23850 range.
BANK NIFTY INTRADAY LEVELS FOR 29/10/2024BUY ABOVE - 51420
SL - 51160
TARGETS - 51700,51860,52020
SELL BELOW - 51160
SL - 51420
TARGETS - 50920,50670,50380
NO TRADE ZONE - 51160 to 51420
Previous Day High - 51700
Previous Day Low - 50920
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY ANALYSIS FOR 29/10/2024BUY ABOVE - 24340
SL - 24100
TARGETS - 24450,24530,24620
SELL BELOW - 24220
SL - 24340
TARGETS - 24100,24010,23900
NO TRADE ZONE - 24220 to 24340
Previous Day High - 24450
Previous Day Low - 24100
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - A ll information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Option's TradingOptions are a type of contract that gives the buyer the right to buy or sell a security at a specified price at some point in the future. An option holder is essentially paying a premium for the right to buy or sell the security within a certain time frame.
Trading options offers a number of benefits for an active trader: Options can offer high returns and do so over a short period, allowing you to multiply your money quickly if your wager is right. With options, it can cost less to get the same exposure to a stock's price movement than it does to buy the stock directly.
ADXThe ADX identifies a strong trend when the ADX is over 25 and a weak trend when the ADX is below 20. Crossovers of the -DI and +DI lines can be used to generate trade signals. For example, if the +DI line crosses above the -DI line and the ADX is above 20, or ideally above 25, then that is a potential signal to buy.
The ADX identifies a strong trend when the ADX is over 25 and a weak trend when the ADX is below 20. Crossovers of the -DI and +DI lines can be used to generate trade signals. For example, if the +DI line crosses above the -DI line and the ADX is above 20, or ideally above 25, then that is a potential signal to buy.
Nifty Intraday Analysis for 28th October 2024NSE:NIFTY
Index closed near 24180 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 109.37 Lakh
24500 Strike – 75.91 Lakh
24400 Strike – 53.82 Lakh
Put Writing
23500 Strike – 55.52 Lakh
24000 Strike – 52.26 Lakh
24500 Strike – 49.20 Lakh
Index has resistance near 24450 – 23500 range and if index crosses and sustains above this level then may reach near 24650 - 24700 range.
Index has immediate support near 24100 – 24000 range and if this support is broken then index may tank near 23900 – 23850 range.
BALKRISIND Descending Triangle Pattern NSE:BALKRISIND
Chart Patterm : Descending Triangle pattern.
📉 Descending Triangle Pattern 📉
The Descending Triangle is marked by a series of lower highs and a relatively flat support level. It’s typically a bearish continuation pattern, suggesting the price might break below the support level after the consolidation phase.
Possible Targets Based on the Pattern:
🔻 Breakdown Target: If the stock breaks below the support level around ₹2779.00, the target can be estimated by measuring the height of the triangle and subtracting it from the breakdown point. The height of the triangle is approximately ₹596.00 (₹3375.00 - ₹2779.00). Therefore, the breakdown target would be around ₹2183.00 (₹2779.00 - ₹596.00).
🚀 Breakout Target: If the stock breaks above the resistance level around ₹3080.20, the target can be estimated by adding the height of the triangle to the breakout point. Therefore, the breakout target would be approximately ₹3676.20 (₹3080.20 + ₹596.00).
📢 Disclaimer: This is not financial advice. Please do your own research before making any investment decisions. The views expressed here are for educational purposes only.
Happy trading! 📊✨