This trade is based on Exponential Moving Average (9 &15) considered in the Weekly Time Frame. A trade can start at the current level (Entry between 795 to 780). Maximum risk to be considered is 5% to 6%. However a strong Candle closing below 740 level will indicate EXIT from the trade. The stock can show upward movement as below: 1) 1st Target is 20% from ...
NSE:NIFTY Index closed near 25390 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 25500 Strike – 36.23 Lakh 25400 Strike – 29.35 Lakh 25450 Strike – 25.90 Lakh Put Writing 25000 Strike – 53.69 Lakh 24500 Strike – 58.84 Lakh 25200 Strike – 26.25 Lakh Index has resistance near 25450 – 25500 range and if index...
Starting from the last week of October 2023, VeChain (VET) showed an upward trend, forming higher highs and lows until it hit the supply level at $0.0549 by early 2024. However, the price faced resistance at this level, failing to break through after three attempts, and was pushed down by bearish pressure. By mid-May 2024, VET found support at $0.03324, but this...
Current bias price is bullish we can expect first target to resistance level or move sl into below level of resistance.
NSE:BANKNIFTY Index closed near 51770 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 52000 Strike – 16.55 Lakh 53000 Strike – 14.53 Lakh 51500 Strike – 11.29 Lakh Put Writing 51000 Strike – 18.90 Lakh 50500 Strike – 13.56 Lakh 51500 Strike – 13.39 Lakh Index has resistance near 52000 – 52100 range and if...
NSE:CNXFINANCE Index closed near 23945 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24000 Strike – 6.23 Lakh 24600 Strike – 5.44 Lakh 24500 Strike – 4.73 Lakh Put Writing 23600 Strike – 5.27 Lakh 23700 Strike – 4.99 Lakh 23200 Strike – 4.61 Lakh Index has resistance near 24000 - 24100 range and if index...
NSE:NIFTY_MID_SELECT Index closed near 13275 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 13500 Strike – 13.75 Lakh 13300 Strike – 6.97 Lakh 13350 Strike – 6.45 Lakh Put Writing 13200 Strike – 13.06 Lakh 13000 Strike – 11.98 Lakh 13100 Strike – 10.31 Lakh Index has immediate resistance near 13300- 13350...
#CAMPUS after a long downtrend, is looking great now and if you notice the volume, seems like big players were busy in buying the stock in every dips, infact they purposefully brought the price down. Now they have accumulated enough amount, they are moving the price. The stock has recently broke the previous high, though the shape of daily candle close today is...
Hero MotoCorp Ltd. engages in the manufacture of two wheeler. It operates through the Domestic and Overseas segments
Debt to equity = 0 roce = 40+ % Roce 3 yr = 30+% Roce 5 yr = 25+% sales growth 10 Years: 17% 5 Years: 17% 3 Years: 33% TTM: 30% Compounded Profit Growth 10 Years: 60% 5 Years: 43% 3 Years: 63% TTM: 77% View = Company is in consolidation phase | available at 200 dma | quick gain of 20+% in less than 6 months | can be holded for long term also |
This script break the primary trend and retrace now break the small consolidation also mimium target 5% for short term for long term it gives more than 50%
Strong breakout on weekly time frame as well day time frame , volume brakout also seen .
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...
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...
📊 Script: NEWGEN Key highlights: 💡⚡ 📈 Script is giving VCP BreakOut on daily chart. 📈Volume Dry before BreakOut 📈MACD Crossover 📈 RS Line Making 52WH 📈 One can go for Swing Trade. BUY ONLY ABOVE 1194 ⏱️ C.M.P 📑💰- 1191 🟢 Target 🎯🏆 – 22% ⚠️ Stoploss ☠️🚫 – 11% ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new...
This is looking breakout in weekly as well as monthly time frame and also retrace in weekly time frame its looking bullish on shortterm and long term
"Welcome to SkyTradingZone " Hello Everyone 👋 Here are the levels for Axis Bank (AXISBANK) based on a 4-hour chart: **Resistance Levels:** 1. 1,045 - 1,050 (previous high) 2. 1,060 - 1,070 (psychological level) 3. 1,080 - 1,090 (resistance zone) **Support Levels:** 1. 1,030 - 1,040 (previous low) 2. 1,020 - 1,030 (psychological level) 3. 1,010 - 1,020...
"Welcome to SkyTradingZone " Hello Everyone 👋 Here are the levels for Reliance Industries (RELIANCE) based on a 4-hour chart: **Resistance Levels:** 1. 2,470 - 2,480 (previous high) 2. 2,500 - 2,510 (psychological level) 3. 2,530 - 2,540 (resistance zone) **Support Levels:** 1. 2,370 - 2,380 (previous low) 2. 2,350 - 2,360 (psychological level) 3. 2,330 -...