29 May 2024 WORLD MARKETS 1. US is mixed and Europe is neutral to bearish and Asia is bullish. INDIA VIX AND GIFT NIFTY 1. India VIX is at 24 indicating high option premiums and high volatility. 2. GIFT Nifty is indicating a flat opening. 3. Today Fin Nifty expiry was muted. We can expect the same for Bank Nifty and Nifty also. INDEX HEAVY WEIGHTS 1. HDFC BANK is...
Bank Nifty remained trend was sideways to negative in intraday today Market may show uncertainity & volatility in coming sesions also due to Domestic Elecetions results A Bearish candle is formed on daily chart within prev day's Range The imp upside hurdle is placed around 49500/600 whereas downside support is around 49000 zone Track for price to form Price...
Hello Everyone. The market was in a very tight range today. Market was in sideways and the support has to be broken to get trending moves. Let the resistance or support range break with 15-minute candle before going for any trades. Book profits every 30 points as we are getting very few trending moves. If the market opens flat then we can see continuation of...
Hello Everyone. The market was in a very tight range today. There is strong support and resistance zone which needs to be broken for trending moves. Let the resistance or support range break with 15-minute candle before going for any trades. Book profits every 30 points as we are getting very few trending moves. I suggest new traders to trade in nifty as it easy...
Bank Nifty hits a high at important level of 49671.30 as the chart shown. Momentum shorts triggered below 49356.30 level. After the top formed we got two good opportunities to short at that level both yesterday and today. Third opportunity was little below the level at 49327.75 at the afternoon candle of 12:45 seen on chart. Target was 49096.15 which was achieved...
Hello Everyone. The market was bearish but gave opposite moves to take SL few times today. Previous support has turned to resistance now and vise versa. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 50 points. Its expiry so trade if levels are broke an there are clear signals of any trade. If we try...
Coromandel int is all time high and near resistance and RSI (dwm) 70, 67 & 66
One can expect nifty to go up till 23500, till 22840 is broken in Nifty futures on 30 min timeframe up move holds
Hi Friends!!! Welcome Back. Today, I am showing video analysis of Marico on weekly time frame. The Nifty FMCG is also making good structure on daily basis. The Marico is on the verse of breakout or even given the breakout from their resistance level. If you have positional view, Buy it for the target of around 708 with SL 559
GLAXO may break 2525 resistance level in this week if market bullish. RSI (dwm) 71, 68 and 71
GLAXO may break 2525 resistance level in this week if market bullish. RSI (dwm) 71, 68 and 71
📊 Script: IGL 📊 Sector: Gas Distribution 📊 Industry: Miscellaneous Key highlights: 💡⚡ 📈 Script is trading at upper band of BB. 📈 MACD is giving crossover . 📈 Double Moving Averages giving Crossover. 📈 Right now RSI is around 63. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 472 🟢 Target 🎯🏆 - 508 ⚠️ Stoploss ☠️🚫 - 458 ⚠️ Important: Always maintain your Risk &...
NSE:NIFTY Highest Call writing near CMP is at 23000 Strike of 65.34 Lakh followed by 53.13 Lakh at 23200 Strike and 50.30 Lakh at 23100 strike. Maximum Put writing of 72.97 Lakh at 23000 Strike followed by 51.30 Lakh at 22700 strike 47.72 Lakh at 22800 Strike. Index closed near 22930 level. Index has strong resistance near 23000 - 23200 level and if index...
NSE:BANKNIFTY Highest Call writing near CMP is at 50000 strike of 36.40 Lakh followed by 23.89 Lakh at 49500 strike and 16.21 Lakh at 50500 strike. Highest Put writing of 36.60 Lakh at 48000 strike followed by 24.44 Lakh at 49000 strike and 18.35 Lakh at 48500 strike. Index closed near 49280 level. Index is may reach near 50000 level and if crosses and sustain...
NSE:CNXFINANCE Maximum Call writing near CMP is at 22200 strike with 21.17 Lakh followed by 15.60 Lakh Call at 22100 Strike and 15.36 Lakh at 22150 strike. Maximum Put writing is at 16.79 Lakh at 22000 strike followed by 14.87 Lakh Put writing at 21700 strike and 13.83 Lakh at 21800 strike. Index closed near 21965 level. Index may reach near 22150 - 22200...
NSE:NIFTY_MID_SELECT Maximum Call writing near CMP is at 11700 strike with 2.55 Lakh followed by 1.67 Lakh at 11800 Strike and 1.35 Lakh at 11900 strike and Put writing of 2.13 Lakh at 11600 Strike followed by 2.02 Lakh at 11700 Strike and 1.95 Lakh at 11500 strike. Index is closed near 11675 level. Index has resistance near 11700 - 11725 level and if index...
#Jublfood cash-Positional call 28.05.2024 Looks good around 470-495 SL 430 Target 570-600 Risk free above 600 for 720-880 (Good for long term investment) Cmp 498