Finnifty is trading below budget day low and is going to face resistance around it, however on 45 min tf the structure which is currently developing is suggesting that it may be forming a reversal pattern and anticipation is that inverted H&S pattern is under development. As long as recent swing low is protected it can take support at the trendline which is coming...
Put buying opportunity if bank nifty starts trading below red line. support breakdown . only for observation
Nifty seems to be bullish if it breaks the above trend line and sustain for few hours or a day at least Zones Above - 18123-136, 18161-183, 18238-250 Zones Below - 18078-063, 18032-016, 17955-926
Both indexes seem to ready for up move if the above trendline breaks and price sustains above it for few hours or a day at least
Support - 42200 (above this buy a call option) Resistance - 42720 (below this buy a put option)
As we discussed in previous idea , if nifty break 18000 level we may see more selling to 17900-800 levels , as it did in friday trading session. Now , you can see simple Resistance and Support area in the chart , we may expect this week in this zone , so try to buy at support level and sell at resistance level let price make a reversal pattern at the support...
If banknifty fut face resistance at 39350 then one can take short banknifty. Target-39275,39160, 39130. This zone is very good support zone. If 39130 is break in the downside then free fall is expected till 38850. Banknifty should not break 38200. Banknifty is trading in very narrow range. but Pralay is coming. It should made new all time high..
Banknifty may open near 39450-500. If banknifty directly touch 39771 then avoid buying in between these. If it retraced back towards shadded zone then one can take entry. As banknifty is bullish so we can take buy trade at proper area. Banknifty Future buy above 39352, Target 39440,39541, 39771. 39772 is a danger zone. Banknifty can reverse from here. so we have...
Support Zones For Nifty First Support Zone For Nifty - 17046 - 17056 ( Minor Support ) Second Support Zone For Nifty - 16940 - 16955 ( Major Support -1 ) Third Support Zone For Nifty - 16742 - 16758 ( Major Support -2 ) ...
At the moment nifty doesnt have any major supply .... but many demand zones.,., watch out for the levels............ buy at best dip.,.,
Apollo Hospital Breakout and Retest in weekly chart.. Buy Apollo Hospital At the Money Ce buy on dips upto 4120.. Target will be double in a 2 or 3 weeks for option CE. Expect upmove 10% for a script.. Nifty Gapdown expected on Monday.. Buy on dips recommended for Apollo Hospital
Buy Indusindbank ATM option for 2x 3x Time Period 20 days
BankNifty Weak bellow 35920. SL - 36020 Target - 100-150 points 35800 PE looking good. Note : Trade only when the trade signals. Don't be a hunt of FOMO. Look at the 5 min TF to get better picture. For more updates - Follow me on Tradingview Hit the like button, this really motivates me to do more.
BankNifty buy above 35060. Target - 100-150 points 35100 CE looking good. Note : Trade only when the trade signals. Don't be a hunt of FOMO. Look at the 5 min TF to get better picture. For more updates - Follow me on Tradingview Hit the like button, this really motivates me to do more.
BHARAT ELECTRONICS Stock good support at around 190 levels & also stock up by 6.01% v/s NIFTY 50 down by -7.85% in last 1 month With recent global news like sanctions on Russia and China has increased defense budget and India must follow all these must suit BEL, should raise on more orders. Save bet to enter if it breaks the trend line just above 215/220 levels...
December Expiry for Bank Nifty might be trendy as it consolidating within nearly 3% range since last 9 days.. Option Buying might give a Jackpot trade tomorrow.
BN 38450-38650 NO trade zone for intraday traders, Premium getting decay and stop loss hunting expected. Be careful option buyers SALE ON RISE
- Nifty went for Side ways for whole trading hours apart from last one hour.. There is no trend today in last one hour it went down.. still i feel that it is very narrow range.. So more chances of SL hit.. on both side.. - As per my yesterday Analysis it went up from 320 till highest 342.. but it reversed from there and on lower side from 18220 till 18180.....