Data suggests a Sideways Market for 18th. So would be looking to short incase I find a rejection with confirmation at any of the resistance levels shown. The opening of the trade would suggest the course of action. 43450---43500 is a strong support and a break of that may give a good downward movement. Need to keep a watch on any addition in put or call writing...
A few days ago this is what we had posted... Weekly closing above 18060 and Nifty would make a move towards 18400 Nifty closed that week at 18069 and the rest you can go in the chart above and hit the play button and see for yourself how Nifty moved. What next ...??? Overall Put Call Ratio 0.82. Market might look to bounce back from Oversold conditions Open...
Clearly marked levels. For those who understand the importance of the opening and the type of day which can follow watch out for opening within the range, below the blue line but within range/outside range, within the three lines, blue, green and red and of course above the red line but within the range/ outside the range. Study the chart , the supports and...
Nifty - Important levels on Nifty spot for 09 May 2023 Imp levels on the upside 18343 / 18368 / 18401 Imp levels on the downside 18235 / 18208 / 18178 - Nifty rose 50 points with 0.25% rise in Open Interest. Before the Karnataka Election outcome, No signs of panic. - Just before the Karnataka Election outcome, All 3 F&O major participants have a Net...
The stock has reached the breakout level according to the setup shown on the chart. May test 3250-3260 once. If does not sustain above, may come down to 2970/2850. All levels are indicated on the charts. Only for learning and sharing purposes, not a bit of trading advice in any form. All the best.
Yesterday had given the level of 18065 odd levels as trend decider. Nifty made a low of 18066 and started it's one sided recovery slowly and steadily moving exactly on predicted lines. Important levels going forward 18180-18160 / 18120-18105 to be an important support level 18400 upside resistance zone Take care & safe trading...!!! Like and Follow
18030-18065 would play a crucial role Sustaining below 18030 on 15 min candle one may look to sell for target of 17960 odd levels with a SL tad above 18065 giving a Risk:: Reward ratio of 1::2 A weekly close below 17960 could open doors for a move towards 17800 / 17750 odd levels. Sustaining 17960 and managing to give a Weekly close Above 18065 In that case...
The stock just crossed the one-year-old resistance after long efforts. If sustains above breakout levels, may go upside o 6250/7450. All levels are clearly shown on the charts. Only for learning and sharing purposes, not a bit of trading advice. Please comment with your views about the idea. All the best.
Nifty - Just before the FED meeting the mood is upbeat amongst World market For the May series important level to watch out for on Nifty 18400-18600 on the upside and 17750-17900 on the lower side. - Option IVs are very very low. A wild swing on the Index can reward Option buyers and chop Option sellers. Take care & safe trading...!!!
All levels are given in the chart itself Watch out for Nifty behavior in the zone of 17580-17644 zone for that may give an early cue as to where Nifty may head in to expiry week. A movement of 250-280 points may be on the cards. Take care & safe trading..!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for...
The stock is in bullish mode for the last five sessions and ran more than 300 points. If reverses from cmp or after reaching 3500, may go in a downtrend. The downward targets maybe 3230/2950/2800. All levels and points are marked on the charts. If sustains above 3500, the setup fails. Only for learning and sharing purposes, not any kind of trading advice in any...
The chart clearly indicates the support level is around 5650. Also, Bollinger Band Shows a likely reversal for the price. If sustains above 5650, may go to 6050, or 6350, and more upside may be seen. One should keep risk management in control every time, in every format. Only for learning and sharing purposes, not a bit of trading advice in any form. All the best.
Attached: Nifty Futures Daily Chart as of 24th April 2023 SELF EXPLANATORY Chart (all the different colored lines are Anchored VWAPs) Price has closed above AVWAP from 13th April High (recent Swing) and is all set to head higher from here for POC @ 17900 (Volume Profile concept)
The stock is coming to a long-term support level. Now 1360 is the key level. Sustaining above 1360 will make the stock bullish while trading below 1360 will show weakness on the charts. If goes bullish from today's price, then it will be a good risk-reward for a long setup. Only for learning and sharing purposes, not a piece of trading advice in any form. All the best.
The stock is traveling in a parallel channel for a long time. Again comes to the lower support levels. If it sustains above, it may go to 610/660 or even more. MACD also shows a crossover, the price is already almost half of the top levels. As long as does not trade below 510-515 for a couple of days, Chances are good for up move. Only for learning and sharing...
Nifty - Nifty has given a breakout from the Blue box and is now trading in the yellow box - 252 day EMA @ 17396 - 63 day EMA near 17540 - Line of Resistance 17620 odd levels around 20 April 2023 - 21 day EMA around 17240 - Lower level of Yellow box 17220 odd levels - RBI Policy Announcement on 6th April 2023 - Result Calendar to begin soon View: Rangebound...
#BTC - Analysis 🩸 If the 26.5k range is reached again, we may see a significant market downturn. This is the fifth instance where the market has reached the 26.5k range. #BTC #analysis #range #sell #Blood Join our Twitter for more updates.
Nifty - Important levels are given in the chart - Earlier when Nifty was at 17050 odd levels I had given a bearish view - Nifty is down 100 points from those levels - Explosive movement has not happened so far but for the last 2 days Nifty is opening higher around 17000; trading above 17000 for a couple of candles on 15 min chart and then giving up in the...