BANKNIFTY Levels for Today Here are the today's BANKNIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level....
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 49050 level then possible upside rally of 400-500 points upto 49450 level in todays session. Any Major downside only expected in case banknifty starts trading below 48950 level.also possible reversal upside 48550 level.
Chart shows a 8yr BO. Breakout of Cup and Holder Patter with good volumes. There is no abnormal other income as claimed in news. Keep strict stoploss as per your risk management. Consult your financial advisor before investment. Disclaimer: Though less qty, I'm a Long term investor in the stock
BankNifty broke the major resistance zone of 48,784 - 49,011 and closed near the psychological level of 49,000. The data looks positive, and we might be heading towards a new all-time high for BankNifty. Support Levels: Near Support: 48,129 - 48,410 (remains the same as mentioned in the previous post)
Chart shows a 7 year BO. Scrip is trading at its all time high.
Name PG Electroplast Piotski Scr 7.00 P/E 50.19 Ind PE 78.70 CMP / BV 6.52 Current Ratio 1.46 Low debt Increasing promoter and FII Holding
The chart shared itself is self explanatory. My plan will be as follows : In case 1, I will buy 49000CE when Banknifty touches 49020.05 and shows any confirmation on M1. In case 2, I will buy 47700PE when Banknifty touches 47663.80 and shows any confirmation on M1. In case 3, will buy 47600CE when price touches 47663.80 and shows any confirmation on M1 . Also...
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 27-5-24 Gap UP/Down Opening : If high of First Hour is not broken then put stoploss there for all short positions. If Low of First Hour is not broken then put stoploss there for all Long positions. For New position : for Upside : Buy Nifty above 22982 ...
MidCap Select Index has completed one minute growth cycle from 11401 to 11515. Current range to watch is 11486 and 11444. Expansion possible till 11401 and 11515. Above it fake outs and break outs possible. This seems the monthly expiry so expect more volatility for today. The level of 11420 can be watch critically today. Happy Trading !!! N.B. Not a financial...
Unlike Nifty which had broken out, BankNifty is still below its ATH. 48948 resistance and 48661 support were in play today. In fact, the first 16mts candles touched both these levels. We closed right at the resistance level. On Monday we expect a breach in resistance and a further up move. Our stance of bullishness continues. We do not have further resistances...
Nifty opened inline and traded in a short range, this came as a pause after the range expansion that came on 23rd. Since there are no resistance levels as we are at ATH, no one could guess with accuracy what will be the top. Our stance remains bullish and will go neutral only if 22779 is broken.
Motherson trend line break out in higher time frame. May achieve 170 then 250
Chart pattern clearly crossing all important EMA with Good volume
GOLD getting more Brighter. Looks good for long in Parabolic uptrend pattern. Tgts expected (Short to longterm) Tgt 1 : 2413± Tgt 2 : 2514± Tgt 3 : 2973± Can be accumulated till 2250. Closing below in 2200, will break the Parabolic trend and makes it weaker. Shared it for EDUCATIONAL / REFERENCE PURPOSE based on chart pattern and My STUDY. Do your...
AEGISCHEM :: Nice Breakout observed Stay Long only above 750 with support at 710
REC LTD looks awesome in Parabolic uptrend pattern along Bullish Flag inside in it. Targets expected. Tgt 1 : 569± (Near term) Tgt 2 : 639± (Short term) Tgt 3 : 732± (Short term) Tgt 4 : 810± (Short to Longterm) Tgt 5 : 898± (Longterm) Shared it for EDUCATIONAL /REFERENCE PURPOSE based on Chart Pattern and My STUDY. This is not a BUY or SELL...
RCF : Good breakout but currently rejected from resistance, need to sustain 161-163 levels
INOX WIND :: Cup & Handle breakout in progress Looks highly promising