Banknifty standing just below a strong resistance zone of 40878 to 41062 if banknifty crosses above 41062 then it may also cross above 41256 and may reach to the level of 41421. between 41421 to 41579 is also an extremely strong resistance zone . If Bank Nifty crosses over 41579 then it may reach to the level of 41733 . if banknifty moves down below 40878...
Nifty is standing just below a strong resistance of 17829. if nifty moves above 17829 then it may also cross 17880 and may reach 17926. between 17926 to 17976 is an Extremely strong resistance. if nifty crosses over 17976 then it may also cross 18020 and may reach 18067. if nifty moves down below 17780 then it may also cross 17731 and may reach to the level of...
NSE:NHPC has an interesting formation in the monthly chart, a perfect rounding bottom / saucer formation. It can be flying saucer as well :) Some features noticed in monthly chart: A 12 years long Saucer formation breakout. ATH attained. There is a clear ascending triangle, basically a nice uptrend channel (shows as cyan colored channel in the chart). ...
Nifty Intraday levels for Monday.. Expectation : Gap Up Open around 17900 - Probably 18000 will be tested. Incase 17780 is compromised on lower side we can expect down side move. But Monday mostly Rangebound / Sideways move if Nifty Opens with Big gap up. Support and Resistance Zones - When price breaks the zone, Support zone will become Resistance and...
Banknifty Intraday levels for Monday.. Expectation : Gap Up Open around 41300 - Any breakout above 41535 Strong Up move is expected. Until it will trade in range between 41000 - 41300 level If 41535 is taken out next resistance is 41800. Support and Resistance Zones - When price breaks the zone, Support zone will become Resistance and Resistance zone will...
Levels: Support: 7180-7160, 7120, 7000 (Solid Support, even in OI data) Resistance: 7250-7275, 7300, 7400. OI Data (16th Nov Expiry): Highest OI Call in Crude per OI data: 7500 Highest OI Put in Crude per IO data: 6500 Nearest Major Resistance in Crude per OI data: 7300 Nearest Major Support in Crude per IO data: 7000 Trade setup: 1. Still by-and-large...
Levels: Support: 40975, 40800, 40650, 40425 Resistance: 41350, 41450, 41550, 41650, 42000 (the green color channel in 30m chart) OI Data: Bank Nifty => Price: 40990.85 ATM: 41000 , ITM: 40900, 40800, 40700 , OTM: 41100, 41200, 41300 Highest OI Call in Bank Nifty per OI data: 41500 Highest OI Put in Bank Nifty per IO data: 40000 Nearest Major...
Levels: Support: 17750, 17720, 17675-17650, 17600 Resistance: 17835, 17875, 17950-75, 18090 OI Data: Highest OI Call in Nifty per OI data: 17300 Highest OI Put in Nifty per OI data: 17300 Nearest Major Resistance in Nifty per OI data: 17950 Nearest Major Support in Nifty per OI data: 17550 Trade setup: 1. For any buy trade, follow the N pattern (let the...
NSE:CNXPHARMA Flag Breakout on Monthly Charts Monthly Closing above 50 Month EMA & trading above all long term EMAs RSI in Bullish Zone Next Targets : 14700 - 16500 Upside : 27% SL : 12100 Time Frame : 6 - 12 Months Participate via PHARMABEES, PharmaFund
Nifty Weekly View.. Global markets are positive and SGX indicates 200 Points up. This week we can expect Rangebound / Sideways market between 17750 - 18100 Nifty Likely to test 18000 - 18100 next week and 18100 is going to be very strong resistance. Incase 18100 is taken out we can expect 18500 as next target. On the Down side 17760 is going to be strong...
NSE:CIPLA CIPLA - CMP in Blue Sky Zone and near Life time high Rising in Parallel Channel since 24 month 13 month consolidation in tight range & then resumption of uptrend. Targets: 1320 - 1458 - 1683 Upside : 45% SL : 990 Time Frame : 6 - 18 Month CMP above all major monthly Exponential Moving Averages RSI in Bullish Zone
Aegis logistics has shown a range breakout on Daily time frame and weekly NR7 breakout (Narrow range for breakout after 7 weeks of consolidation). This could be a good swing Bullish trade
As the stock emergers out of the consolidation base, the levels of 244-250 are important and can be buy zones. If it sustains the upward momentum, expect an initial target of 270 and a secondary target of 290, with stop loss at around 230 levels. Relative strength displays an upward bias at the moment and the stock is trading above 50 DMA. Note: Consult your...
Hi All, here I shared my view on #niftyfuture level for 31/10/2022 support and resistance . for educational purpose only, not for recommended.
Crude levels for evening session: ------------------------------------------------------- (Just sharing screen with levels - did not checked OI data). If it goes above the red uptrendline ~7400 level, it will be bullish for sure. Below 7125-7150 has good support. Mota mota: 7100-7400 level for today.
Gold is not giving any proper merk, waiting for clear move on it. I am focused on for that dollar is not showing any action. Key level to bye 1642, 1636 with 20pips SL only on confirmaton on small timeframe. TP is 1656-64. This analysis is on EURUSD, yesterday's decision made euro come down, and it is still in strong downtrend, but I want one confirmation for...
Watch out for strong support reversal trade. Chart pattern and levels are mentioned in chart. Follow strict risk management.
Just as it we had stated yesterday about it being a good sign if Nifty manages to cross over the 17800 level on closing basis. Similarly, we did observe a beautiful attempt taken by Nifty as it made a high of around 17783, but unfortunately it somehow failed to cross over the same. Also, as we had stated about our expectations on witnessing volatility in the...