Levels: Support: 18600 (Very Important, otherwise lower bottom in hourly), 18525, 18440, 18360 Resistance: 18890 (Very important, breaking it means higher high is ready), 18925, 19000, 19050 OI Data: ---------------------------------------------------------------------| Nifty => Price: 18696.1 ATM: 18700 , ITM: 18650, 18600, 18550 , OTM: 18750,...
Levels: Support: 43000, 42700, 43550, 42350 Resistance: 43350, 43630, 44000 OI Data: ---------------------------------------------------------------------| Bank Nifty => Price: 43103.75 ATM: 43100 , ITM: 43000, 42900, 42800 , OTM: 43200, 43300, 43400 ---------------------------------------------------------------------| Highest OI Call in Bank...
The NSE:MFSL is showing the previous High High (point #3 in chart) or Higher Low (point #4 in the chart) as the range bounded movement. Potentially the move can happen in any direction. But quite likely it will be in upside only as the volume buildup is positive and increasing. Trade : Both sides ( green color price tags for Long, red color price tags for...
NSE:JUBLFOOD , in hourly chart showing a clear downtrend after breaking one lower lows. Then after making a nice up move upto point 4 in the chart, it unables to break the double-bottoms (1 and 3) W patten. At that time the volume candle was high. So it actually reinforces the downtrend. Lets wait for it to break down the price corresponds to point #3 in the...
Reason: A 15 days range breakout in 30m chart with very high volume spike. Trade: BUY at 640. SL: 625 T: 655/670.
NSE:KSL is showing bullishness with momemtum because of: Cup and Handle Breakout Ready Very High Volume RSI is just entering the overbought region Overall Steel sector is bullish Trade: Buy above 354, SL: 344, T: 364/370 Sell below 324, SL: 330, T: 315/309.
NSE:JINDALSTEL is in Bullish breakout ready. Overall Steel Shares are showing momemtum. Reasons: Rectangle breakout and sustaining the breakout. Consecutive two days of high volume. RSI based momentum is above 75 and constantly rising. Trade: Buy above 568, SL: 560, T: 572/580 Sell below 540, SL: 550, T: 534/525.
NSE:AMBUJACEM is showing: A Cup and Handle formation with a good volume ready to be breakout RSI is pretty well placed to just enter an overbought region. Good momemtum. Trade: Buy above 582, SL: 575, T: 585/589 Sell below 580, SL: 585, T: 575/571.
Levels: Support: 43000, 42775, 42500, 42350 Resistance: 43350, 43630, 44000 OI Data: ---------------------------------------------------------------------| Bank Nifty => Price: 43260.65 ATM: 43300 , ITM: 43200, 43100, 43000 , OTM: 43400, 43500, 43600 ---------------------------------------------------------------------| Highest OI Call in Bank...
When things are in ATH, it's hard to give correct resistance levels. Levels: Support: 18670, 18600, 18530 Resistance: 18800, 18870, 19000 OI Data: ---------------------------------------------------------------------| Nifty => Price: 18758.35 ATM: 18750 , ITM: 18700, 18650, 18600 , OTM: 18800, 18850, 18900 ...
NSE:TI is showing bullish price actions: Technical Reasons: A double bottom W patten is created Tried to see if it's a Harmonic XABCD patten, not fully complying with this Volume is going up, Current trend is uptrend Strong Momentum: Price above short-, medium- and long-term moving averages Fundamental Reasons: 1. FII / FPI or Institutions...
NSE:EQUITASBNK shows bullishness because of: A clear rectangular consolidation brakout High volume The daily candle is bullish engulfing with the low touching the bottom of the channel (but still able to pass the mid point, near to top channel) Trade: Buy above 58, SL: 56, T: 65/68 Sell below: 54, SL: 57, T: 51/48
NSE:GRSE - Garden Reach Shilbuilders is showing a good, clear upmove after breaking a rectangle consolidation zone. In last 1 week's trading session it shows a strong positive upmove with increasing volume build up. Perfect to poise to move towards 550 zone in near term. Buy zone: 495-505, SL: 480, Target: 550
Rounding Bottom Formation. Rising Wedge formation. Trade: Buy > 736, SL: 730, T: 743/750 Sell < 727, SL: 733, T: 720/713
A downward regression channel. Daily candle is bullish, crossing the mid of the channel. See the volume, very high. Most likely price hike will sustain. Trade: Buy > 474, SL: 471, T: 478/482 Sell < 468, SL: 472, T: 464/460
Levels: Support: 43000, 42775, 42500, 42350 Resistance: 43280, 43350, 43600, 43900 OI Data: ---------------------------------------------------------------------| Bank Nifty => Price: 43053.45 ATM: 43100 , ITM: 43000, 42900, 42800 , OTM: 43200, 43300, 43400 ---------------------------------------------------------------------| Highest OI Call in...
Levels: Support: 18530, 18440, 18375, 18300 Resistance: 18610, 16675, 18730, 18850 OI Data: ---------------------------------------------------------------------| Nifty => Price: 18618.05 ATM: 18600 , ITM: 18550, 18500, 18450 , OTM: 18650, 18700, 18750 ---------------------------------------------------------------------| Highest OI Call in...
Levels: Support: 42775, 42500, 42350 Resistance: 43000, 43350, 43600, 43900 OI Data: ---------------------------------------------------------------------| Bank Nifty => Price: 43020.45 ATM: 43000 , ITM: 42900, 42800, 42700 , OTM: 43100, 43200, 43300 ---------------------------------------------------------------------| Highest OI Call in Bank...