Reliance and Infy were the major contributors to Nifty's GREEN show today. This happened at a time when the Banks were taking a huge beating. Finally, it came out good for the bulls as the 22519 resistance is now broken safely. The next target is the ATH and then I am not quite sure how much more we can go from there. Lok Sabha election results are coming up in 2...
this happens to be the 61.8 percent retracement level. Now is the question is the correction over?. May be and may not be. abc correction is over.this correction to 2 nd wave area is c wave. another possibility is that this correction is A wave and last hour bounce is B wave,it is the posssibility not certainity. then again banknifty may fall to 78.6 percent...
In Acc LTD, cup pattern is completed and handle pattern is in progress. The handle formation is happening in the form of flag/ parallel channel pattern. Once the flag breakout happens, quick upmove to the ATH is expected and then a good breakout is expected for the target mentioned in the chart.
Nifty IT CMP-33613 The correction in the index has halted at 38.2% of its swing. With RSI taking support above its bull zone of 40 is a further confirmation of the bull trend being intact. TCS on the other hand has already staged a breakout. Hence these corrections are an opportunity to buy.
Here's why DB Corp. is a hot stock: This stock is at the confluence of strong technical’s and impressive fundamentals DB Corp. smashed earnings expectations in their latest Q4, almost tripling their net profit. The company declared a generous dividend of ₹8 per share. The stock boasts a low PE ratio of 12.3, significantly lower than the industry average of...
As we can see despite the weakness in BANKNIFTY, we saw continued strength from NIFTY and it is likely to stay strong till the election are declared hence we may see few more new highs so plan your trades accordingly.
Head and shoulder pattern is broken on 1 hr and took rejection Started moving in upward direction Trend is also up According to my analysis I have provided stoploss and target
Keep a watch on the monthly candle close at end of month. This is a multi year breakout which can be potential pick for good gains. If observed carefully, the price is extended from it bottom support without any consolidation. So, the price is expected to move side ways for few months.
OI & Whale Activity Escalate: BLUR crypto on the edge of Recovery? A rise in whale transaction activity may signal an impending bullish trend reversal. The Blur price has started correlating proportionally to the increased OI data curve suggesting an initiation of a new phase. The Blur crypto has witnessed some signs of hope in the recent sessions after a strong...
Hello Everyone. The market was in a bearish/bullish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for...
Orient Paper setting up perfect Cup n handle for 29th may Results, but breakout(BO) before that as already gave signals -Signal Candle : 5% mov with 8M vol -Check vol dried up in Cup formation then green vol spiked clearly Demand>Supply
Metropolis had been a multibagger during Covid but corrected almost 100% post 2022. Stock will give good returns once a weekly closing is seen above 2000. Fundamentals are strong. Healthcare is a good sector for long term investing. Keep stock in watchlist.
Hello Everyone. The market was in a very tight range the previous day. As per gift nifty there is strong resistance and it was not able to break it till now. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 30 points as we are getting very few trending moves. The zones marked in yellow are previous...
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions SL 1Hr candle close only, Target Trigger Price
NSE:NIFTY Highest Call writing of 80.29 Lakh at 23000 Strike followed by 50.95 Lakh at 22500 Strike and 45.40 Lakh at 22800 strike. Maximum Put writing of 60.02 Lakh at 22500 Strike followed by 58.74 Lakh at 22400 strike and 48.74 Lakh at 22200 Strike. Index closed near 22530 level. Index has resistance near 22550 - 22600 level and if index crosses and sustain...
NSE:BANKNIFTY Highest Call writing of 37.53 Lakh at 48000 strike followed by 30.81 Lakh at 48200 strike and 29.67 Lakh at 48500 strike. Highest Put writing of 32.86 Lakh at 48000 strike followed by 27.85 Lakh at 47000 strike and 20.12 Lakh at 47500 strike. Index closed near 48050 level. Index is facing resistance near 48250 level and if crosses and sustain...
NSE:CNXFINANCE Maximum Call writing near CMP is at 22000 strike with 3.39 Lakh followed by 1.99 Lakh Call at 21500 Strike and 0.95 Lakh at 21700 strike. Maximum Put writing is at 1.99 Lakh at 21000 strike followed by 1.94 Lakh Put writing at 20900 strike and 1.07 Lakh at 21400 strike. Index closed near 21440 level. Index is facing resistance near 21500 - 21530...
NSE:NIFTY_MID_SELECT Maximum Call writing of 6.07 Lakh is at 11300 strike followed by 3.76 Lakh at 11400 Strike and 2.68 Lakh at 11350 strike and Put writing of 7.24 Lakh at 11300 Strike followed by 3.37 Lakh at 11200 Strike and 3.00 Lakh at 11250 strike. Index is closed near 11340 level. Index has strong resistance near 11350 level and if index crosses and...