Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
In intraday trading, APT's price surged nearly 12%, with weekly gains reaching 18% from the demand zone. This bullish momentum propelled the price past the short-term resistance levels of the 20-day and 50-day EMA bands effortlessly, and it is now approaching the 200-day EMA band. At the time of writing, APT is trading at $7.20 with a market cap of $3.60 billion,...
Confluences: Red to light red histogram Bull territory Neckline breakout Entry: above neckline TP1: next potential resistance TP2: recent high SL: Below last red candle of 5 min Results: TP1 and ongoing trade
Tight consolidation Above Support Come Resistance Area
A classic breakout has happened in HDFC bank. It was a multiple times resistance near 1700 price range with more than one year time span. Also, its like CUP AND HANDLE pattern breakout in weekly basis. Price may reach upto lifetime high and pattern's target. Price may retest upto Handle's Low below which price is negative on sustaining basis. Follow and Stay...
Comparison of Nifty 50 VS indices of various sectors in India. Seems Nifty bank has performed the best followed by Nifty IT. recently Auto has shown a good boost.
#PCBL trading above Resistance of 373 Next Resistance is at 505 Support is at 233 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only....
#HSCL trading above Resistance of 471 Next Resistance is at 603 Support is at 301 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational...
NSE:NIFTY Index closed near 25415 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 26000 Strike – 69.64 Lakh 25500 Strike – 53.88 Lakh 25800 Strike – 53.10 Lakh Put Writing 25000 Strike – 124.57 Lakh 25500 Strike – 42.58 Lakh 25200 Strike – 36.07 Lakh Index has resistance near 25500 – 25600 range and if index...
NSE:BANKNIFTY Index closed near 53040 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 53000 Strike – 22.13 Lakh 53500 Strike – 20.93 Lakh 54000 Strike – 19.42 Lakh Put Writing 52000 Strike – 22.95 Lakh 53000 Strike – 20.27 Lakh 52500 Strike – 17.35 Lakh Index has resistance near 53600 – 53600 range and if...
A Comparison of Nifty 50 Bank Nifty and Private bank Nifty. Looks like Private bank index has given much better returns.
BANKNIFTY Intraday Levels for 23/09/2024 Here are the BANKNIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. The SL (Stop loss) for each trade should be there. Note: This idea and these levels are only for learning and educational purpose. Your likes /boosts gives us motivation for continued leaning and...
NSE:CNXFINANCE Index closed near 24405 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 25000 Strike – 6.20 Lakh 24500 Strike – 5.60 Lakh 24700 Strike – 4.24 Lakh Put Writing 24000 Strike – 7.99 Lakh 24100 Strike – 5.68 Lakh 24400 Strike – 4.37 Lakh Index has resistance near 24500 - 24600 range and if index...
Hello everyone, I’m Alisa. Today, I will share some insights about USD/JPY. After a two-day policy meeting concluded today, the Bank of Japan (BOJ) maintained its key interest rate at 0.25%, leading to little movement in USD/JPY prices. Looking at the chart, the EMA line remains stable with no signs of reversal. Therefore, USD/JPY is expected to maintain its...
NSE:NIFTY_MID_SELECT Index closed near 13090 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 13500 Strike – 21.99 Lakh 13200 Strike – 19.11 Lakh 13100 Strike – 12.50 Lakh Put Writing 13000 Strike – 11.93 Lakh 12800 Strike – 11.46 Lakh 13100 Strike –8.31 Lakh Index has immediate resistance near 13200 - 13300...
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
Positional trade. Buy above : 5405 Charts looks good 👍