AXISBANK Support & ResistanceAs of December 26, 2024, Axis Bank Limited (AXISBANK) is trading at ₹1,078.90. For intraday trading, the following support and resistance levels have been identified:
Daily Pivot Levels:
Support Levels:
S1: ₹1,075.02
S2: ₹1,071.13
S3: ₹1,066.27
Resistance Levels:
R1: ₹1,083.77
R2: ₹1,088.63
R3: ₹1,092.52
TOP STOCK RESEARCH
These levels are calculated based on recent price movements and can assist traders in making informed decisions. It's important to note that technical analysis is inherently uncertain, and actual market movements may differ. Therefore, it's advisable to use these levels in conjunction with other analyses and risk management strategies.
LONG
RELIANCE Support and Resistance As of today, for intraday trading in Reliance Industries (RELIANCE), here are the approximate support and resistance levels based on technical analysis:
Intraday Support Levels:
S1 (First Support): ₹1,220
S2 (Second Support): ₹1,210
S3 (Third Support): ₹1,200
Intraday Resistance Levels:
R1 (First Resistance): ₹1,230
R2 (Second Resistance): ₹1,240
R3 (Third Resistance): ₹1,250
Notes:
These levels are calculated using pivot points, Fibonacci retracements, and other common technical indicators.
Intraday traders should also consider the stock's volatility, volume, and momentum indicators for confirmation.
Always set a stop-loss to manage risk effectively.
Pre Market analysis for 26/12/2024
Pre Market analysis for 26/12/2024
#NIFTYBANK
If market opens flat and breaks trendline 51350 level, will plan for buying for target 51600 level.
If market opens gap down, and breaks 51100 will plan for selling for target 50800. Wait for 15min candle close below level.
If market opens gap up, wait for retest of trendline 51300 level, then plan for buying for target 51600.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarket
#LetsLearnTogether
Pre Market analysis for 26/12/2024
Pre Market analysis for 26/12/2024
#NIFTY50
If market opens flat and breaks 23750 will plan for buying for target 23880 level.
If market opens gap down, and breaks 23680, then plan for selling for target 23550. level.
If market opens gap up, and sustains above 23750 level, then plan for buying for target 23880 level.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
Learn option trading with us The seller (or writer) of options accepts the obligation to buy or sell should the purchaser exercise their right. U.S. investors can trade options on a wide range of financial products—from individual stocks or stock exchange-traded funds (ETFs) to indexes, foreign currencies and more
The process for how to learn stock options trading is quite simple. You need to immerse yourself in educational resources, and then put what you've learned to practice. But – what we recommend is to practice with paper trading before you actually spend real money on options.
SBIN Support & Resistance As of December 20, 2024, State Bank of India (SBIN) closed at ₹812.00, experiencing a decline of ₹20.80 (-2.50%) from the previous close.
The following support and resistance levels have been identified for SBIN:
Support Levels:
S1: ₹823.90
S2: ₹813.15
S3: ₹804.87
Resistance Levels:
R1: ₹841.70
R2: ₹848.75
R3: ₹858.27
These levels are derived from various pivot point calculations, including Standard, Camarilla, Fibonacci, Woodie, and Demark methods.
Please note that support and resistance levels are dynamic and can change based on market conditions.
It's advisable to consult real-time data and consider multiple technical indicators before making any trading decisions.
INDUSINDBK Support & ResistanceAs of December 24, 2024, IndusInd Bank Limited (INDUSINDBK) closed at ₹935.30, reflecting a decrease of 0.51% from the previous close.
The following support and resistance levels have been identified for INDUSINDBK:
Support Levels:
S1: ₹924.45
S2: ₹907.75
S3: ₹875.00
Resistance Levels:
R1: ₹940.65
R2: ₹948.15
R3: ₹955.00
These levels are derived from various technical analyses, including pivot point calculations and moving averages.
Please note that support and resistance levels are dynamic and can change based on market conditions.
It's advisable to consult real-time data and consider multiple technical indicators before making any trading decisions.
Nifty 50 Support & ResistanceAs of December 24, 2024, the Nifty 50 Index closed at 23,587.50.
The following support and resistance levels have been identified for the Nifty 50:
Support Levels:
S1: 23,500
S2: 23,400
S3: 23,300
Resistance Levels:
R1: 23,700
R2: 23,800
R3: 23,900
These levels are derived from pivot point calculations, which are commonly used in technical analysis to determine potential support and resistance areas.
Please note that support and resistance levels are dynamic and can change based on market conditions.
It's advisable to consult real-time data and consider multiple technical indicators before making any trading decisions.
BANKNIFTY Support & Resistance As of December 24, 2024, the Nifty Bank Index (BANKNIFTY) closed at ₹51,233.00, reflecting a decrease of 0.16% from the previous close.
The following support and resistance levels have been identified for BANKNIFTY:
Support Levels:
S1: ₹51,119.64
S2: ₹51,006.27
S3: ₹50,875.04
Resistance Levels:
R1: ₹51,364.24
R2: ₹51,495.47
R3: ₹51,608.84
These levels are derived from pivot point calculations, which are commonly used in technical analysis to determine potential support and resistance areas.
Please note that support and resistance levels are dynamic and can change based on market conditions.
It's advisable to consult real-time data and consider multiple technical indicators before making any trading decisions.
TATAMOTORS Support & Resistance As of December 24, 2024, Tata Motors Limited (TATAMOTORS) closed at ₹736.10, marking an increase of ₹13.90 (1.92%) from the previous close.
The following support and resistance levels have been identified for Tata Motors:
Support Levels:
S1: ₹729.30
S2: ₹713.10
S3: ₹706.72
Resistance Levels:
R1: ₹752.10
R2: ₹757.00
R3: ₹770.00
These levels are derived from various technical analyses, including pivot point calculations and moving averages.
Please note that support and resistance levels are dynamic and can change based on market conditions.
It's advisable to consult real-time data and consider multiple technical indicators before making any trading decisions.
RELIANCE Support & ResistanceAs of December 24, 2024, Reliance Industries Limited (RELIANCE) closed at ₹1,272.00, reflecting an increase of 0.79% from the previous close.
The following support and resistance levels have been identified for RELIANCE:
Support Levels:
S1: ₹1,217.98
S2: ₹1,213.22
S3: ₹1,205.43
Resistance Levels:
R1: ₹1,229.27
R2: ₹1,238.32
R3: ₹1,243.08
These levels are derived from various technical analyses, including pivot point calculations and moving averages.
Please note that support and resistance levels are dynamic and can change based on market conditions.
It's advisable to consult real-time data and consider multiple technical indicators before making any trading decisions.
AXISBANK Support & ResistanceAs of December 24, 2024, Axis Bank Limited (AXISBANK) closed at ₹1,078.90, reflecting a slight decrease of 0.02% from the previous close.
The following support and resistance levels have been identified for AXISBANK:
Support Levels:
S1: ₹1,075
S2: ₹1,071
S3: ₹1,066
Resistance Levels:
R1: ₹1,084
R2: ₹1,089
R3: ₹1,093
These levels are derived from technical analyses, including pivot point calculations and moving averages.
Please note that support and resistance levels are dynamic and can change based on market conditions.
It's advisable to consult real-time data and consider multiple technical indicators before making any trading decisions.
ICICIBANK Support & ResistanceAs of December 24, 2024, ICICI Bank Limited (ICICIBANK) closed at ₹1,296.80, reflecting an increase of 0.65% from the previous close.
The following support and resistance levels have been identified for ICICIBANK:
Support Levels:
S1: ₹1,290
S2: ₹1,283
S3: ₹1,276
Resistance Levels:
R1: ₹1,304
R2: ₹1,312
R3: ₹1,319
These levels are derived from technical analyses, including pivot point calculations and moving averages.
Please note that support and resistance levels are dynamic and can change based on market conditions.
It's advisable to consult real-time data and consider multiple technical indicators before making any trading decisions.
BPCL Support & ResistanceAs of December 24, 2024, Bharat Petroleum Corporation Limited (BPCL) closed at ₹289.10, reflecting a slight increase of 0.02% from the previous close.
The following support and resistance levels have been identified for BPCL:
Support Levels:
S1: ₹285.10
S2: ₹280.07
S3: ₹275.65
Resistance Levels:
R1: ₹292.00
R2: ₹295.50
R3: ₹298.67
These levels are derived from various technical analyses, including pivot point calculations and moving averages.
MUNAFASUTRA
Please note that support and resistance levels are dynamic and can change based on market conditions.
It's advisable to consult real-time data and consider multiple technical indicators before making any trading decisions.
Advanced RSI IndicatorA 7-period RSI with settings of 10 and 90 works best. The tighter timeframe and thresholds help spot immediate trading opportunities. With settings of 10 and 90 a scalper can: Enter long positions when RSI dips below 1
It can signal when to buy and sell. Traditionally, an RSI reading of 70 or above indicates an overbought condition. A reading of 30 or below indicates an oversold condition. The RSI is one of the most popular technical indicators, and it is generally available on most trading platforms offered by online stock brokers.
#TATAMOTORS Reaction from a local Support.
#TATAMOTORS Reaction from a local Support.
#Disclaimer
Investments in the securities market are subject
to market risks. Read all the related documents
carefully before investing.
Registration by SEBI and certification from NISM in
no way guarantee the performance of the
intermediary or provide any assurance of returns
to investors.
State Bank of India view for Intraday 24th Dec #SBIN
State Bank of India view for Intraday 24th Dec #SBIN
Resistance 825 Watching above 826 for upside movement...
Support area 800 Below 815 ignoring upside momentum for intraday
Support 810 Watching below 808 or downside movement...
Resistance area 825
Above 815 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Biocon Ltd view for Intraday 24th Dec #BIOCON
Biocon Ltd view for Intraday 24th 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,
Aurobindo Pharma Ltd view for Intraday 24th Dec #AUROPHARMA
Aurobindo Pharma Ltd view for Intraday 24th Dec #AUROPHARMA
Resistance 1260-1265 Watching above 1265 for upside movement...
Support area 1230 Below 1240 ignoring upside momentum for intraday
Support 1230 Watching below 1225 or downside movement...
Resistance area 1260-1265
Above 1240 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Bharat Forge Ltd view for Intraday 24th Dec #BHARATFORG
Bharat Forge Ltd view for Intraday 24th Dec #BHARATFORG
Resistance 1310 Watching above 1312 for upside movement...
Support area 1280 Below 1300 ignoring upside momentum for intraday
Support 1280 Watching below 1277 or downside movement...
Resistance area 1310
Above 1290 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,