Nifty important levels for 23.11.22 for intraday trading.
Nifty important levels for 23.11.22 for intraday trading.
Market Mood: 23 November, 2022 (nifty, bank nifty, stocks, commodity, currency, and global markets)
As we can see BANKNIFTY had been in consolidation for quite a while after breachinh its all time high which could show a potential pause after a breakout making a FLAG POLE pattern which is also a sign of continuation of bull run but the next immediate resistance can be witnssed around 42600 so if market opens flat to gap up we might see a good rally tomorrow so...
Just as we had stated yesterday about the positive sentimental rally towards the level of 18500, similarly we could also observe a healthy closing in Nifty with a positive 84.25 points, yesterday. On a positive note, we can now observe a beautiful bullish harami formation on the day chart of Nifty, along with a Doji formation on the weekly chart (as of now) ....
Logic : W pattern neckline. Consolidation after a steep uptrend, with a bullish engulfing daily candle. Trade : Buy above 1112, SL: 1090. T: 1125/1140
Bank Nifty Intraday levels for Tomorrow.. Support and Resistance Zones - When price breaks the zone, Support zone will become Resistance and Resistance zone will become Support. For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle. Refer the chart for detailed Intraday...
Nifty Intraday levels for Tomorrow.. Expecting Bearish reversal.. Support and Resistance Zones - When price breaks the zone, Support zone will become Resistance and Resistance zone will become Support. For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle. Refer the chart...
Logic : It's in the support line of H&S neck, a long term demand zone. Trade : This is not for intraday. Keep it in watchlist please. If price breaks below the 1440 level, sell with SL: 1490. If prices breaks above 1530, buy with SL: 1490.
Indusind Bank has given a break out of the consolidation and crossed the 20 ema on the daily time frame. The stock has been in consolidation from october and gave a nice break out in the end of november. The stock can be traded once there is retest of the level and the stock can give nice up side targets. 3 points confirmation. 1. Break out of the...
Nifty on the daily time frame has formed an inside candle and a tweezer bottom type of pattern. The market has consolidated whole day and in the closing hour market gained some points closing around 18250 level. On the hourly time frame, the market has crossed the 20 ema and closed above it. Nifty, on 15 minute time frame, has closed above both the moving...
NSE:NIFTY Nifty 22.11.2022 CMP 18,159 18,300 to 18,325 is supply zone on 1 hr candle. if index reach near to it buy ATM put SL 30 points.18140 to 18180 is the range of either accumulation or distribution. so avoid this range. Buy ATM call as index reach at 18190 for target of 18298. in index goes down below 18,130 consider to but ATM put. no immediate...
NSE:BANKNIFTY BankNifty 22.11.2022 CMP 42,346 Looks bullish , consider to buy a ATM call in range of 42,240 - 42,290 , with SL a 42,220. 42,500 to 42,570 is a weak supply zone , can be broken easily. Disclaimer: Analysis is for training and education purpose. author may enter in trade, take your own decision , This is an trading idea not an trading...
Technical Analysis & Data Analysis for Banknifty Intraday Future & Option Trading Support Zones For BankNifty Intraday Trading First Support Zone For BankNifty – ( 42404 - 42435) Second Support Zone For BankNifty – ( 42204 - 42235) Third Support Zone For Banknifty - ( 41921 -...
Nifty Down Side Targets / Nifty Support Zones First Support Zone For Nifty - 18160 - 18170 Second Support Zone For Nifty – 18060 - 18070 Third Support Zone For Nifty – 17970 - 17980 Nifty Up Side Targets / Nifty Resistance Zones First Resistance Zone For Nifty - 18323-18313 Second Resistance Zone For Nifty - 18385 - 18380 Third Resistance Zone For...
Banknifty Is not moving as much beacuse of India Vix - below 15 were option selling is highy recomended. there will no move in market after 2:30. might be some move. taking small target for today and needs to be strict with stoploss. hence there will be stoploss hunting as on Spot Price chart there are movement, but not in Banknifty Chart. So highly Recommended...
Follow levels and do accordingly. Only Future trade.
Market Mood: 22 November, 2022 (nifty, bank nifty, stocks, commodity, currency, and global markets)