PE 42400 T1 -> 400 T2 -> 500 [SL -> 150 CE 41600 T1 -> 600 T2 -> 750 SL -> 400 NOTE - above level only for study purpose only not for trade.
Resistance level:18132.35 Support level : 17951.80 ****Fib Retracement levels will act as the support or resistance**** If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles...
Resistance level:18173.80 Support level : 18114.95 ****Fib Retracement levels will act as the support or resistance**** If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles...
Dear Friends, Market is hovering at 18800. 18842 is the first 15 minutes low and it coming to that levels and getting rejected. Nifty has very high open interest at 18800PE and 18900CE. So it is more likely to stay in between for a while. I would prefer to stay out of the market till it does not give any break out or break down of these levels. I am having a...
Dear All, As discussed early in the morning I am sharing an update of my trade. I have taken 42900 PE at 46.21 with the view of Hero or Zero. minimum target is double then where ever it reach. when it will reach to 95 my TSL will take place at 70.
With the bears failing to bring down the upmove in indices, which started in June we could see massive short covering. The only thing that can arrest the current momentum is profit booking and it looks likely to happen near to 17760-17860 levels. Once the index reaches those levels we may get to see signs of further market direction. With gap between bond and...
With the index having run up almost 1550 points from June lows, it is reasonable to expect some profit booking. Given that monthly expiry is in two days we can continue to see profit booking which can drag the index to lower levels. The upside seem to be capped at this stage near 16700. On the downside we could see the index moving to 16500-16380 zones which can...
Banknifty Intraday Levels Trade Level by level follow trendlines...........................................................................................................
Nifty morning open @ 17300 to 17360 then it will comes down to 17100 after it goes up to 17300 finaly it will comes down 16925 it is my idea so becare to trade as per elliot wave analysis
NIfty Levels....................................................
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity. The channel is also a provider of technical knowledge on technical analysis . This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst. Please support the channel by liking, sharing and subscribing. Regards Expiry...
Hello Traders, Strategy to follow : 1. Avoid current weeks expiry. 2. Trade with strict stop loss. 3. Trade with small quantity. 4. Take entries based on Support and Resistance levels. Please take the trade according to the levels marked, with Stop Loss. This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to...
NSE:BANKNIFTY Since Tomorrow is expiry, hence only considering safe buy trade above 37020 sustainable breakout. Trade Setup for Date: 16-12-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the...
Expiry Trade plan 17250 to 17050 is ideal range of 200 points for tomorrow Depending on opening positions can be created: Ideal expiry hero - zero trades can be taken at Nifty PE around if spot price is around 17250 in second half (11.30 -1.30) Nifty CE around if spot price is around 17050 in second half (11.30 - 1.30) Opening Trades will be volatile if...
Tata Power is building support at current levels of 236-237. At point 1, we can see a STRONG SUPPORT LEVEL (Trendline support in parallel channel as well as Fibonacci Retracement 0.236 support level.) As we have already seen previously, TATA POWER has taken support and bounced back from these levels a few days back. If the stock sustains and respects this strong...
We might see a pull back to 38900-39100 before Weekly Expiry of 18th Nov, If It survives downside support levels of 38100-37900.. Might get a Jackpot trade on Expiry if we get a sideways market on Wednesday..
On a minute candle stick pattern, nifty shows, breakout level only above 18356, Even if opened positive on 28th october 2021, there is no trade zone for option buyers ( Call and Put ) between 18250 to 18356, Heavy chances of premium decay, Nifty closed below a strong trend line, If opened and trade below 18250, there is highly possibility of testing 17800.
BANKNIFTY 7th Oct may expire between 37000 and 38000