Bank Nifty: Wednesday - 16/11/22Levels:
Support: 42350, 42230, 42100, 41850, 41375, 41080
Resistance: ATH :)
OI Data:
---------------------------------------------------------------------|
Bank Nifty => Price: 42372.7
ATM: 42400 , ITM: 42300, 42200, 42100 , OTM: 42500, 42600, 42700
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Highest OI Call in Bank Nifty per OI data: 43000
Highest OI Put in Bank Nifty per IO data: 42000
Nearest Major Resistance in Bank Nifty per OI data: 42600
Nearest Major Support in Bank Nifty per IO data: 41900
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Trade setup:
1. For any buy trade, follow the N pattern (let the price run above the level, let it retraces back to the level and let it hold the level as support)
2. For any sell trade, follow the mirror-N pattern (let the price fall below the level, let it pull back to the level and unable to pass through the level as resistance).
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 42500 | 42400 | 42700 | 42850
-----------------------------------------
SELL | < 42300 | 42400 | 42100 | 42000
+++++++++++++++++++++++++++++++++++++++++
Indianstocksanalysis
Nifty: Wednesday - 16/11/22Levels:
Support: 18300, 18250, 18150, 18052
Resistance: 18400, 18500, 18600
OI Data:
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Nifty => Price: 18403.4
ATM: 18400 , ITM: 18350, 18300, 18250 , OTM: 18450, 18500, 18550
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Highest OI Call in Nifty per OI data: 18800
Highest OI Put in Nifty per OI data: 18300
Nearest Major Resistance in Nifty per OI data: 18550
Nearest Major Support in Nifty per OI data: 18250
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Trade setup:
1. If Nifty Opens up more than 200 points, safely sell.
2. For any buy trade, follow the N pattern (let the price run above the level, let it retrace back to the level and let it hold the level as support)
2. For any sell trade, follow the mirror-N pattern (let the price fall below the level, let it pulls back to the level and unable to pass through the level as resistance).
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 18430 | 18380 | 18550 | 18600
-----------------------------------------
SELL | < 18350 | 18400 | 18250 | 18200
+++++++++++++++++++++++++++++++++++++++++
Bank Nifty: Tuesday - 15/11/22Levels:
Support: 41850, 41375, 41080
Resistance: 42350, 42230, 42100
OI Data:
---------------------------------------------------------------------|
Bank Nifty => Price: 42076.75
ATM: 42100 , ITM: 42000, 41900, 41800 , OTM: 42200, 42300, 42400
---------------------------------------------------------------------|
Highest OI Call in Bank Nifty per OI data: 42000
Highest OI Put in Bank Nifty per IO data: 42000
Nearest Major Resistance in Bank Nifty per OI data: 42400
Nearest Major Support in Bank Nifty per IO data: 41700
---------------------------------------------------------------------|
Trade setup:
1. For any buy trade, follow the N pattern (let the price run above the level, let it retraces back to the level and let it hold the level as support)
2. For any sell trade, follow the mirror-N pattern (let the price fall below the level, let it pull back to the level and unable to pass through the level as resistance).
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 42200 | 42100 | 42350 | 42550
-----------------------------------------
SELL | < 42000 | 42100 | 41800 | 41650
+++++++++++++++++++++++++++++++++++++++++
Nifty: Monday - 14/11/22Levels:
Support: 18300, 18250, 18220, 18175
Resistance: 18350, 18500, 18600
OI Data:
---------------------------------------------------------------------|
Nifty => Price: 18349.7
ATM: 18350 , ITM: 18300, 18250, 18200 , OTM: 18400, 18450, 18500
---------------------------------------------------------------------|
Highest OI Call in Nifty per OI data: 18500
Highest OI Put in Nifty per OI data: 18000
Nearest Major Resistance in Nifty per OI data: 18450
Nearest Major Support in Nifty per OI data: 18150
---------------------------------------------------------------------|
Trade setup:
1. If Nifty Opens up more than 200 points, safely sell.
2. For any buy trade, follow the N pattern (let the price run above the level, let it retrace back to the level and let it hold the level as support)
2. For any sell trade, follow the mirror-N pattern (let the price fall below the level, let it pulls back to the level and unable to pass through the level as resistance).
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 18375 | 18320 | 18450 | 18500
-----------------------------------------
SELL | < 18300 | 18350 | 18200 | 18150
+++++++++++++++++++++++++++++++++++++++++
Bank Nifty: Monday - 14/11/22Levels:
Support: 41850, 41375, 41080
Resistance: 42100, 42350
OI Data:
---------------------------------------------------------------------|
Bank Nifty => Price: 42137.05
ATM: 42100 , ITM: 42000, 41900, 41800 , OTM: 42200, 42300, 42400
---------------------------------------------------------------------|
Highest OI Call in Bank Nifty per OI data: 42000
Highest OI Put in Bank Nifty per IO data: 42000
Nearest Major Resistance in Bank Nifty per OI data: 42600
Nearest Major Support in Bank Nifty per IO data: 41900
---------------------------------------------------------------------|
Trade setup:
1. For any buy trade, follow the N pattern (let the price run above the level, let it retraces back to the level and let it hold the level as support)
2. For any sell trade, follow the mirror-N pattern (let the price fall below the level, let it pull back to the level and unable to pass through the level as resistance).
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 42200 | 42100 | 42350 | 42550
-----------------------------------------
SELL | < 42000 | 42100 | 41800 | 41650
+++++++++++++++++++++++++++++++++++++++++
Precision Wire: N pattern formation completeA very interesting chart formation we can see in NSE:PRECWIRE .
It was first an ascending wedge/triangle.
The breakout happens.
Then price retraces and retest the neckline of the wedge.
Now the retest completes. Ready to fly.
The N symbol (light blue), projection half-circle is shown.
Trade : Buy above 103, SL: 97, T: 130.
ICICI Bank Parallel Channel: Swing TradeNSE:ICICIBANK is in a parallel channel, where the current price action is at the bottom of the channel.
So, it' a nice swing trading strategy to buy around 900 and sell once around 960. If sustains above 960, buy and then sell again on 1020. Roughly 120 point range play.
Neuland Lab: Fundamentally and Technically Strong BuyA Very Interesting Pattern in this lesser known share:
An all-world-engulfing green candle on the day of Earnings.
Very high volume breakout
The 50 MA about to crossover 200 DM, a perfect entry.
And the result .. it's awesome:
PAT doubles (YoY), 4 times (QoQ)
EPS doubles (YoY), 4 times (QoQ)
Trade : Buy and Hold with a SL of 1610.
Bank Nifty: Friday - 11/11/22Levels:
Support: 41350, 41100, 40850, 40645, 40420.
Resistance: 41700, 41950
OI Data:
---------------------------------------------------------------------|
Bank Nifty => Price: 41603.75
ATM: 41600 , ITM: 41500, 41400, 41300 , OTM: 41700, 41800, 41900
---------------------------------------------------------------------|
Highest OI Call in Bank Nifty per OI data: 41600
Highest OI Put in Bank Nifty per IO data: 41500
Nearest Major Resistance in Bank Nifty per OI data: 42100
Nearest Major Support in Bank Nifty per IO data: 41200
---------------------------------------------------------------------|
Trade setup:
1. For any buy trade, follow the N pattern (let the price run above the level, let it retraces back to the level and let it hold the level as support)
2. For any sell trade, follow the mirror-N pattern (let the price fall below the level, let it pull back to the level and unable to pass through the level as resistance).
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 41650 | 41550 | 41850 | 42000
-----------------------------------------
SELL | < 41500 | 41600 | 41350 | 41200
+++++++++++++++++++++++++++++++++++++++++
Finolex Cable: Confluence of multiple breaout patternsNSE:FINCABLES is showing pretty bullish momentum. Multiple breakout ready signals
Head and Shoulder pattern breakout
Rounding Bottom Breakout
Long term down trendline breakout
Very High volume
10th Nov is result date
Buy above 530, SL: 515, Target: 550/575
FinNifty: Monday - 07/11/22NOTE: As Tuesday is a Holiday for Guru Nanak Jayanti, so the FinNifty expiry for this week is Monday.
Levels:
Support: 18520, 18450, 18300
Resistance: 18640, 18740.
Trade Setup:
1. For any buy trade, follow the N pattern (let the price run above the level, let it retraces back to the level and let it hold the level as support)
2. For any sell trade, follow the mirror-N pattern (let the price fall below the level, let it pull back to the level and unable to pass through the level as resistance).
3. One can go long till the price-action stays above the green uptrend line.
4. If the uptrend line is broken, wait for the next immediate support line. That's the place it will take support.
Please note: FinNifty is highly volatile in Tuesday.
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 18700 | 18650 | 18800 | 18850
-----------------------------------------
SELL | < 18230 | 18300 | 18150 | 18050
+++++++++++++++++++++++++++++++++++++++++
Bank Nifty: Monday - 07/11/22Levels:
Support: 41150, 41000, 40850, 40650
Resistance: 41430, 41680, 42000
OI Data:
---------------------------------------------------------------------|
Bank Nifty => Price: 41258.45
ATM: 41300 , ITM: 41200, 41100, 41000 , OTM: 41400, 41500, 41600
---------------------------------------------------------------------|
Highest OI Call in Bank Nifty per OI data: 41500
Highest OI Put in Bank Nifty per IO data: 41000
Nearest Major Resistance in Bank Nifty per OI data: 41700
Nearest Major Support in Bank Nifty per IO data: 40900
---------------------------------------------------------------------|
Trade setup:
1. For any buy trade, follow the N pattern (let the price run above the level, let it retraces back to the level and let it hold the level as support)
2. For any sell trade, follow the mirror-N pattern (let the price fall below the level, let it pull back to the level and unable to pass through the level as resistance).
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 41350 | 41250 | 41500 | 41600
-----------------------------------------
SELL | < 41200 | 41300 | 41000 | 40850
+++++++++++++++++++++++++++++++++++++++++
Nifty: Monday - 07/11/22Levels:
Support: 18080, 18050, 18020, 17990
Resistance: 18150-18180
OI Data:
---------------------------------------------------------------------|
Nifty => Price: 18117.15
ATM: 18100 , ITM: 18050, 18000, 17950 , OTM: 18150, 18200, 18250
---------------------------------------------------------------------|
Highest OI Call in Nifty per OI data: 18000
Highest OI Put in Nifty per OI data: 18000
Nearest Major Resistance in Nifty per OI data: 18350
Nearest Major Support in Nifty per OI data: 17950
---------------------------------------------------------------------|
Trade setup:
1. For any buy trade, follow the N pattern (let the price run above the level, let it retrace back to the level and let it hold the level as support)
2. For any sell trade, follow the mirror-N pattern (let the price fall below the level, let it pulls back to the level and unable to pass through the level as resistance).
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 18150 | 18100 | 18250 | 18300
-----------------------------------------
SELL | < 18080 | 18120 | 18000 | 17950
+++++++++++++++++++++++++++++++++++++++++
Bank Nifty: Friday - 04/11/22Levels:
Support: 41050, 40850, 40650, 40450
Resistance: 41430, 41680, 42000
OI Data:
---------------------------------------------------------------------|
Bank Nifty => Price: 41298.35
ATM: 41300 , ITM: 41200, 41100, 41000 , OTM: 41400, 41500, 41600
---------------------------------------------------------------------|
Highest OI Call in Bank Nifty per OI data: 41300
Highest OI Put in Bank Nifty per IO data: 41300
Nearest Major Resistance in Bank Nifty per OI data: 41700
Nearest Major Support in Bank Nifty per IO data: 40800
---------------------------------------------------------------------|
Trade setup:
1. For any buy trade, follow the N pattern (let the price run above the level, let it retraces back to the level and let it hold the level as support)
2. For any sell trade, follow the mirror-N pattern (let the price fall below the level, let it pull back to the level and unable to pass through the level as resistance).
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 41350 | 41250 | 41500 | 41600
-----------------------------------------
SELL | < 41200 | 41300 | 41000 | 40800
+++++++++++++++++++++++++++++++++++++++++
Nifty: Friday - 04/11/22Levels:
Support: 18020, 18020, 17950
Resistance: 18100, 18120, 18140, 18170
OI Data:
---------------------------------------------------------------------|
Nifty => Price: 18052.7
ATM: 18050 , ITM: 18000, 17950, 17900 , OTM: 18100, 18150, 18200
---------------------------------------------------------------------|
Highest OI Call in Nifty per OI data: 18100
Highest OI Put in Nifty per OI data: 18000
Nearest Major Resistance in Nifty per OI data: 18250
Nearest Major Support in Nifty per OI data: 17850
---------------------------------------------------------------------|
Trade setup:
1. For any buy trade, follow the N pattern (let the price run above the level, let it retrace back to the level and let it hold the level as support)
2. For any sell trade, follow the mirror-N pattern (let the price fall below the level, let it pulls back to the level and unable to pass through the level as resistance).
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 18100 | 18060 | 18200 | 18250
-----------------------------------------
SELL | < 18000 | 18040 | 17900 | 17850
+++++++++++++++++++++++++++++++++++++++++
Bank Nifty: Thursday - 03/11/22Levels:
Support: 41000, 40850, 40650, 40450
Resistance: 41330, 41430, 41680, 42000
OI Data:
---------------------------------------------------------------------|
Bank Nifty => Price: 41146.65
ATM: 41100 , ITM: 41000, 40900, 40800 , OTM: 41200, 41300, 41400
---------------------------------------------------------------------|
Highest OI Call in Bank Nifty per OI data: 41500
Highest OI Put in Bank Nifty per IO data: 40500
Nearest Major Resistance in Bank Nifty per OI data: 41600
Nearest Major Support in Bank Nifty per IO data: 40700
---------------------------------------------------------------------|
Trade setup:
1. For any buy trade, follow the N pattern (let the price run above the level, let it retraces back to the level and let it hold the level as support)
2. For any sell trade, follow the mirror-N pattern (let the price fall below the level, let it pull back to the level and unable to pass through the level as resistance).
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 41250 | 41150 | 41450 | 41600
-----------------------------------------
SELL | < 41000 | 41100 | 40800 | 40650
+++++++++++++++++++++++++++++++++++++++++
Nifty: Thursday - 03/11/2022Levels:
Support: 18050, 18020, 17980
Resistance: 18100, 18125, 18175
OI Data:
---------------------------------------------------------------------|
Nifty => Price: 18082.85
ATM: 18100 , ITM: 18050, 18000, 17950 , OTM: 18150, 18200, 18250
---------------------------------------------------------------------|
Highest OI Call in Nifty per OI data: 18400
Highest OI Put in Nifty per OI data: 18000
Nearest Major Resistance in Nifty per OI data: 18150
Nearest Major Support in Nifty per OI data: 17950
---------------------------------------------------------------------|
Trade setup:
1. For any buy trade, follow the N pattern (let the price run above the level, let it retrace back to the level and let it hold the level as support)
2. For any sell trade, follow the mirror-N pattern (let the price fall below the level, let it pulls back to the level and unable to pass through the level as resistance).
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 18120 | 18080 | 18200 | 18250
-----------------------------------------
SELL | < 18020 | 18060 | 17950 | 17900
+++++++++++++++++++++++++++++++++++++++++