Pre Market analysis for 31/12/2024
Pre Market analysis for 31/12/2024
#NIFTY50
If market opens flat and breaks 23600 will plan for selling ng for target 23500 level.
If market opens gap down, and sustains below 23600, then plan for selling for target 23500. level.
If market opens gap up, and sustains above 23800 level, then plan for buying for target 23950 level.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
Long!!!!
Zomato Ltd view for Intraday 31st Dec #ZOMATO
Zomato Ltd view for Intraday 31st Dec #ZOMATO
Resistance 285 Watching above 285 for upside movement...
Support area 280 Below 280 ignoring upside momentum for intraday
Support 280 Watching below 278 or downside movement...
Resistance area 285
Above 285 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Bharati Airtel Ltd view for Intraday 31st Dec #BHARTIARTL
Bharati Airtel Ltd view for Intraday 31st Dec #BHARTIARTL
Resistance 1600 Watching above 1603 for upside movement...
Support area 1570 Below 1580 ignoring upside momentum for intraday
Support 1570 Watching below 1568 or downside movement...
Resistance area 1600
Above 1580-1585 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Hindalco industries Ltd view for Intraday 31st Dec #HINDALCO
Hindalco industries Ltd view for Intraday 31st Dec #HINDALCO
Resistance 608-610 Watching above 611 for upside movement...
Support area 600 Below 605 ignoring upside momentum for intraday
Support 600 Watching below 597 or downside movement...
Resistance area 608-610
Above 605 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
ITC Ltd view for Intraday 31st Dec #ITC
ITC Ltd view for Intraday 31st Dec #ITC
Resistance 480 Watching above 481 for upside movement...
Support area 470 Below 475 ignoring upside momentum for intraday
Support 470 Watching below 469 or downside movement...
Resistance area 480
Above 465 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Lupin Ltd view for Intraday 31st Dec #LUPIN
Lupin Ltd view for Intraday 31st Dec #LUPIN
Resistance 2330 Watching above 2335 for upside movement...
Support area 2270 Below 2300 ignoring upside momentum for intraday
Support 2270 Watching below 2268 or downside movement...
Resistance area 2330
Above 2300 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Kotak Mahindra Bank Ltd view for Intraday 31th September #KOTAKBKotak Mahindra Bank Ltd view for Intraday 31th September #KOTAKBANK
Buying may witness above 1875
Support area 1895-1900. Below ignoring buying momentum for intraday
Selling may witness below 1854
Resistance area 1920
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Option chainAn option chain is a comprehensive list that shows you all available option contracts for a given stock. These are sorted by their expiration date, which is the last day you can trade or use the option, and strike price, which is the price at which you can buy (call) or sell (put) the stock.
How does an option chain work? An option chain displays available call and put options for a specific underlying asset, with their strike prices, premiums, and open interest. It provides a snapshot of market sentiment and potential price movements.
Learn ADX Key takeaways. Average directional index (ADX) is a short-term chart indicator. It can be used to help you evaluate the market or an investment's strength. ADX currently suggests the short-term momentum behind stocks may be strong, with a caveat
The ADX is widely used and is considered by many traders to be very reliable as a gauge of trend strength. Traders can easily alter the time period to meet their needs.
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technical analysisTechnical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories.
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TCS Support & Resistance
As of December 30, 2024, Tata Consultancy Services Limited (TCS) is exhibiting the following technical levels:
Support Levels:
Immediate Support: ₹4,156.05
Short-Term Support: ₹4,168.41
Medium-Term Support: ₹4,131.00
Long-Term Support: ₹4,114.00
Resistance Levels:
Immediate Resistance: ₹4,189.75
Short-Term Resistance: ₹4,189.82
Medium-Term Resistance: ₹4,198.00
Long-Term Resistance: ₹4,215.00
These levels are derived from recent market data and technical analysis.
Traders and investors should monitor these levels closely, as they can provide insights into potential entry and exit points. However, market conditions can change rapidly, so it's advisable to conduct further analysis or consult with a financial advisor before making investment decisions.
AXISBANK Support resistance As of December 30, 2024, Axis Bank Limited (AXISBANK) is exhibiting the following technical levels:
Support Levels:
Immediate Support: ₹1,071.60
Short-Term Support: ₹1,076.81
Medium-Term Support: ₹1,063.00
Long-Term Support: ₹1,070.00
Resistance Levels:
Immediate Resistance: ₹1,081.85
Short-Term Resistance: ₹1,084.00
Medium-Term Resistance: ₹1,090.00
Long-Term Resistance: ₹1,094.00
These levels are derived from recent market data and technical analysis.
Traders and investors should monitor these levels closely, as they can provide insights into potential entry and exit points. However, market conditions can change rapidly, so it's advisable to conduct further analysis or consult with a financial advisor before making investment decisions.
TATAMOTORS Support & Resistance As of December 30, 2024, Tata Motors Limited (TATAMOTORS) is exhibiting the following technical levels:
Support Levels:
Immediate Support: ₹748.10
Short-Term Support: ₹734.73
Medium-Term Support: ₹723.18
Long-Term Support: ₹600.00
Resistance Levels:
Immediate Resistance: ₹769.25
Short-Term Resistance: ₹772.84
Medium-Term Resistance: ₹772.33
Long-Term Resistance: ₹900.00
These levels are derived from recent market data and technical analysis.
CIPLA Looking good today As of December 30, 2024, Cipla Limited (CIPLA) is exhibiting the following technical levels:
Support Levels:
Immediate Support: ₹1,478.40
Short-Term Support: ₹1,484.19
Medium-Term Support: ₹1,479.40
Long-Term Support: ₹1,461.00
Resistance Levels:
Immediate Resistance: ₹1,507.10
Short-Term Resistance: ₹1,518.00
Medium-Term Resistance: ₹1,530.00
Long-Term Resistance: ₹1,547.00
These levels are derived from recent market data and technical analysis.
It's important to note that the stock has support at ₹1,500 and resistance at ₹1,680.
BAJFINANCE Support & ResistanceAs of December 30, 2024, Bajaj Finance Limited (BAJFINANCE) is exhibiting the following technical levels:
Support Levels:
Immediate Support: ₹6,800.85
Short-Term Support: ₹6,833
Medium-Term Support: ₹6,759
Long-Term Support: ₹6,687
Resistance Levels:
Immediate Resistance: ₹6,921.80
Short-Term Resistance: ₹6,980
Medium-Term Resistance: ₹7,051
Long-Term Resistance: ₹7,126
These levels are derived from recent market data and technical analysis.
Pre Market analysis for 30/12/2024
Pre Market analysis for 30/12/2024
#NIFTYBANK
If market opens flat and breaks 51400 level, will plan for buying for target 51600 level.
If market opens gap down, and breaks 51250 will plan for selling for target 51000.
Wait for 15min candle close below level.
If market opens gap up, and sustains above 51400 level, then plan for buying for target 51600.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
GLENMARK Stock has given strong breakout
#GLENMARK
Stock has given strong breakout from resistance level in daily time frame and closed above it.
If stock sustains above resistance level, can expect good
momentum in coming days.Keep on Radar.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
Biocon Ltd view for Intraday 30th Dec #BIOCON
Biocon Ltd view for Intraday 30th Dec #BIOCON
Resistance 335 Watching above 335 for upside movement...
Support area 325 Below 330 ignoring upside momentum for intraday
Support 325 Watching below 325 or downside movement...
Resistance area 335
Above 330 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
ADX in trading The average directional index (ADX) is a technical indicator used by traders to determine the strength of a financial security's price trend. It helps them reduce risk and increase profit potential by trading in the direction of a strong trend.
There are far too many fake breakouts that can leave traders trapped in a bad trade position. The ADX helps validate breakouts. That is, when the price breaks out with an ADX reading of above 25, it implies that momentum in the new direction can be sustained.
Option chainAn option chain is a comprehensive list that shows you all available option contracts for a given stock. These are sorted by their expiration date, which is the last day you can trade or use the option, and strike price, which is th
e price at which you can buy (call) or sell (put) the stock.
Options chain can be defined as the listing of all option contracts. It comes with two different sections: call and put. A call option means a contract that gives you the right but does not give you the obligation to buy an underlying asset at a particular price and within the option's expiration date.






















