Pre Market Analysis NIFTY 50 17th oct 24Market Analysis NIFTY 50- 17th oct 24 - NIFTY opening 25027
SUPPORT - 24990 - PSY important support + Pivot ,also trendline will act as support if not sustained can breakdown to 24912
RESISTANCE -25069 can act as rejection level . WAIT n WATCH -9.45
#NIFTY #niftyanalysis #nifty50 #niftyprediction #banknifty #stockmarket #marketanalysis #nifty scalping #niftyview #niftyscalping #scalping #stockmarketview
Pivot Points
BANKNIFTY MATHEMATICAL LEVELS FOR THIS WEEKThese Levels are based on purely mathematical calculations.
Validity of levels are upto expiry of current week.
How to use these levels :-
* Mark these levels on your chart.
* Safe players Can use 15 min Time Frame
* Risky Traders Can use 5 min. Time Frame
* When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking candle.
* Targets will be another level marked on chart
* Stop Loss will be Low/High of that Breaking Candle.
* Trail your SL with every candle.
* Avoid Big Candles as SL will be high then.
* This is one of the Best Risk Reward Setup.
For Educational purpose only
NIFTY TECHNICAL ANALYSIS NIFTY has corrected by more than 1,500 points over six sessions, while the recent bounce from 24700 has only recouped around 500 points in the same time frame. This indicates that bulls are still facing challenges. Currently, immediate support is identified around 25000, with stronger support in the 24800 - 24700 range. On the upside, the 20 EMA around 25300 serves as immediate resistance
Infosys Near AllTime High Is a Downtrend Ahead in INFY ?"
With technical signals such as weakening momentum and possible resistance at these heights, traders are questioning if it's time to lock in profits or wait for further upside. Could this be the start of a corrective phase? As always, analyzing the patterns and staying updated with market trends is crucial.
Stay informed, stay ahead!
Reliance Industries Stock Chart Analysis Reliance Industries Stock Analysis: Key Support and Resistance Levels
"Reliance Industries stock is currently positioned between key support and resistance levels. The support level represents a price point where buying interest may strengthen, potentially preventing further decline. On the upside, the resistance level indicates where selling pressure could increase, limiting upward momentum. If the stock holds above support, it may signal a bullish move, while a break below could suggest further downside. Monitoring these levels is crucial for making informed trading decisions."
msg for more details or another stock analysis
STOCK ON RADAR - EXIDE INDUSTRY According to the radar, Exide industries stock has given a good upside move on daily time frame. The fundamental of the company is also good in the last quarter result.....
View ' - Long Side
Chart Time - 1 day
CMP - 530.50
Demand Zone - 440
Supply Zone - 620
buy at 530 and take profit at 620.....
STOCK ON RADAR - EXIDE INDUSTRY According to the radar, Exide industries stock has given a good upside move on daily time frame. The fundamental of the company is also good in the last quarter result.....
View ' - Long Side
Chart Time - 1 day
CMP - 530.50
Demand Zone - 440
Supply Zone - 620
buy at 530 and take profit at 620.....
Market Analysis -NIFTY 50 - 10th oct24Market Analysis NIFTY 50 - 10th oct 24 - NIFTY opened 25068 ,
Nearest SUPPORT - 25053- Pivot , next support 24980- PSY +Trendline of last swing+CP - should breakdown this level for bearish move, Panic and down momentum continues below 24943 ,
RESISTANCE should start trading above trendline coming from top then 25150,25247 should be confirmed for Bullish move #NIFTY #niftyanalysis #nifty50 #niftyprediction #banknifty #stockmarket #marketanalysis
Vedanta Ltd Near Breakout Vedanta Ltd Near Breakout
VEDL Key Levels and Market Outlook
Vedanta Ltd. (NSE: VEDL) is nearing a breakout level, trading around ₹507 with resistance at ₹512-518.
The stock has surged nearly 96% in 2024, benefiting from metal sector demand and China's stimulus.
A breakout could push it toward ₹607, but its high beta (1.41) indicates significant volatility.
MSG FOR ANY QUERRY.
TradePlan #Nifty 50 4th Oct 2024First Step of a successful trader is to build a Trade plan & review what he has done. (education purpose for all )
*Trend is down
*Trade plan: Sell on rise
*for Critical levels see the video
Jai Hind.
Disclaimer :
This video is only for educational purposes. Please consult your financial advisor before you take any trade.
Nifty Analysis Technical :- #Nifty50 CPR 2 day relationship suggest a bullsh-to-sideways trend for the expiry ahead. Nifty might open around at 26,000 levels. A golden pivot zone at 29,950 area make it a good #support for the day and we can #bearish move only if this breaks. In the #resistance side there's nothing much to see just a minor resistance at 26,050 levels.
OI Data :- Open interest data shows a series of short covering on muplites put strikes which signifies a #bullish sentiment between traders. However, there's decent OI buildup of 85lac & 41lac at 26,000CE & 26,1000CE strike respectively which signals limited upside potential.
Accelya Kale Triangle + RSI breakoutAccelya Kale solutions is a software solutions provider for airline and travel industry which has good fundamentals and stellar OPM, ROE & ROCE with reduction in debtor days and increase in operating cashflow.
Technicals:
Stock has made RSI breakout in weekly timeframe. Price yet to make move strong. 30-40% potential to rise
Cons:
Working capital days increased
Dividend payout ratio above 70%
Stock trading 9 times the book value
BANKNIFTY EXPIRY ANALYSIS#Indicator :- #NiftyBank's #CPR levels shows that there's a Golden Pivot Zone near 54,050 range, which might act as a crucial #resistance for the day. Also the placement of CPR for upcoming day suggests that the index can open under 54,000 and continue to be bearish for the rest of the day.
#Chart Pattern :- The index is in the process of forming an "M" pattern. Which can lead the price to more downside till next support of 53,700 zones.
OI Data :- The OI data of BANKNIFTY for 25/Sept expiration shows that there's been a significant buildup of OI on the put side in comparison to call side, this signals a bullish/sideways movement. However 54,000 being a psychological level can act as a strong resistance.
Sree Rayalaseema Hi-Strength Hypo Ltd Ready for TrianglebreakoutSree Rayalaseema Hi-Strength Hypo Ltd witnessing good volume this week. 87% rising potential. Company has reduced debt and debt free. Reasonably good financials. Technicals looking good. Triangle breakout with target as 779.50 and 1258.25