Support and Resistance Levels for Nifty Financial Services Finnifty Trading with Demand and Supply Zones
Support Zones For Finnifty Intraday Trading
First Support Zone For Finnifty – 17650 – 17665
Second Support Zone For Finnifty – 17553 – 17565
Third Support Zone For Finnifty – 17411 – 17425
Resistance Zones For Finnifty Intraday Trading
First Resistance Zone For Nifty – 17738 – 17720
Second Resistance Zone For Nifty – 17832 – 17820
Third Resistance Zone For Nifty – 17922 – 17909
Resistance_level
Titan Company Ltd - Breakout Soon + Keep an eye 📊 Script: TITAN (TITAN COMPANY LIMITED)
📊 Nifty50 Stock: YES
📊 Sectoral Index: NIFTY 500
📊 Sector: Consumer Durables
📊 Industry: Gems Jewellery And Watches
Weekly Time-Frame
Key highlights: 💡⚡
📈 Script is trading near at its resistance level which is around 2745 in both daily as well as weekly Time frame as mention in chart.
📈 MACD and Double Moving Averages may give crossover into next trading session.
📈 RSI is around 62.
BUY ONLY ABOVE 2745
Last 5 year stock performance between Sep - Dec
💥2017: 35%
💥2018: 3.4%
💥2019: 7.6%
💥2020: 24.5%
💥2021: 26%
👉Strong fundamentals, Expensive valuation
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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NIFTY CPSE Index at all time high (ATH) zoneNifty CPSE Index is trading near its all-time high (ATH) zone of 2800. The index has touched 2800 zone multiple times in the last 8 years since 2014. The index hit 2800 zone in Sep'22 and has retraced from the highs.
Will it break this decisive resistance zone this time and reach to new highs this time?
[POSITIONSL] AXISBANK LONG IDEAAXISBANK is currently trading at a big resistance zone that is trying to break it. This Resistance zone has touched 5-6 times in the past but could not breach it.
If AXISBANK breaks this resistance zone it is a very good candidate to go long for target of 1000-1100s .
Entry :- 825
SL :- 722 (Last swing low)
Target :- 1022
Please Note:- AXISBANK is almost at ATH also the overall markets (NF/BNF ) are near ATH. So there is a chance of correction, pullback even after the break of this zone (due to overall market conditions ) so we have to be cautious. We will wait for the closing Above entry point for two days before taking this trade.
HDFC quick profit HDFC has finally broken out of the resistance zone after forming a beautiful golden cross as well as a flag and pole break pattern. Support has been provided by trendline
A limit order above the resistance zone and a target of 1589 is a high probability trade.
Tight Stop loss below recent candle low.
Keep It Simple
Bharti Airtel Finally breakout Bharti Airtel is finally making a move, it approaches a long term resistance line on above average volume after forming a
beautiful double bottom on the long term support line and a long trade can be taken on break of this zone.
Stop loss below the recent king candle
Target near the High of the stock.
Keep It Simple
Tata coffee at strong resistance Tata coffee trying the strong resistance again. Can be good swing long trade if manages to close above this level. ATH resistance can be the first target.
Chart pattern and levels mentioned in chart.
Follow strict risk management.
Mahindra CIE.At multi year resistance, if it doesnt break these levels with volume and a retest, exit it completely. will wait for comfortable volume profiles.
Nifty near the reversal area !!!!The Day chart shows the current level is near the resistance and there
is a Bearish Harmonic pattern in which the reversal point is very near the
resistance line makes another confirmation that it may reverse soon.
Note: The information given here is for study purpose.