In the Weekly Chart of YESBANK , we can see that, it is at very crucial point. All possible momentums are shown in chart. Trade with SL.
In the Weekly Chart of RAJESHEXPO , we can see that, it has formed a Second inside candle. Also it is a Decision making candle. Take a small trade by Entering on breaking Candle's High with Low as SL.
In the Weekly Chart of IPL , we can see that, it has shown a strong bounce back. momentum shall continue. Expected momentum is shown in chart.
In the Weekly Chart of GAEL , we can see that, it is at decision making point. Enter on breaking Candle's with Low as SL. Possible momentum is shown in chart.
In the Weekly Chart of ICICIPRULI , we can see that, it is at decision making point. Possible momentums are shown in chart.
In the Weekly Chart of HDFCLIFE , we can see that, after strong selling, it is trying to show up move with W Shape recovery. Enter on breaking Candle's with Low as SL.
In the Weekly Chart of ZUARI , we can see that, it is at decision making point. Take a small trade and enter at 180 with 171 as SL and go long. Expected momentum is shown in chart.
In the Weekly Chart of PARAS , we can see that, it has given breakout. Let it retest and then enter with SL and target.
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
After NiftyAuto n its stocks saw nice momentum, now with good results in Auto proxy Ancillaries sector, stocks are also performing: Balkrishna Ind, Amara raja, Exide, Uno Minda, JBM Auto, Lumax, Rico auto showing good demand. Now come to MSUMI analysis, why it can give returns? FA: -First of all decent growing QoQ, YoY and overall FY24 growth results for the...
Yesterday, BankNifty opened above the important level of 47,877 (the 61.8% retracement of the last swing) and stayed above it, gaining 1,000 points. The data looks bullish for BankNifty as well. Support Levels: Near Support: 48,129 - 48,410 Resistance Levels: Major Resistance Zone: 48,784 - 49,011 (remains the same)
Yesterday, Nifty hit an all-time high, nearing the 23,000 mark. While all data looks positive, the Dow Jones fell 600 points, so we might see a gap-down opening today. Support Levels for Intraday: Nearest Support: 22,744 - 22,767 Far Support: 22,577 - 22,623
As we can see despite various volatility NIFTY managed to breached ATH with immense strength and closed strong. We can also see it has broken off a structure formed like W hence we may expect NIFTY to continue its rally till its upper band of 22300 where it might face resistance so plan your trades accordingly.
NSE:NIFTY Highest Call writing of 104.17 Lakh at 23000 Strike followed by 59.91 Lakh at 22800 Strike and 54.78 Lakh at 22900 strike. Maximum Put writing of 80.25 Lakh at 22500 Strike followed by 68.58 Lakh at 22400 strike and 58.63 Lakh at 22200 Strike. Index closed near 22600 level. Index has resistance near 22600 - 22625 level and if index crosses and...
NSE:BANKNIFTY Highest Call writing of 22.91 Lakh at 48000 strike followed by 13.96 Lakh at 49000 strike and 11.40 Lakh at 48500 strike. Highest Put writing of 16.27 Lakh at 48000 strike followed by 10.04 Lakh at 47000 strike and 9.95 Lakh at 47500 strike. Index closed near 47780 level. Index is facing resistance near 47950 – 48000 range and if crosses and...
NSE:CNXFINANCE Maximum Call writing near CMP is at 21400 strike with 5.88 Lakh followed by 5.58 Lakh Call at 22000 Strike and 4.05 Lakh at 21500 strike. Maximum Put writing is at 3.77 Lakh at 21400 strike followed by 3.45 Lakh Put writing at 20900 strike and 3.28 Lakh at 21300 strike. Index closed near 21325 level. Index has strong resistance near 21425 -...
NSE:NIFTY_MID_SELECT Maximum Call writing of 7.69 Lakh is at 11300 strike followed by 5.96 Lakh at 11400 Strike and 4.44 Lakh at 11500 strike and Put writing of 12.79 Lakh at 11300 Strike followed by 3.53 Lakh at 11100 Strike and 3.31 Lakh at 11200 strike. Index is closed near 11355 level. Index has resistance near 11400 level and if index crosses and sustain...