As we can see despite its strong opening, we saw huge fall of over 500++ points with strong recovery closing at day’s high which shows the overall trend is strong bullish hence till the structure is maintained! Every dip could be bought without being scared so plan your trades accordingly.
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
supply zone at 22450, target 19875, sl 22834(sl is not always a price), target puts of 22850, and 22450both of these levels will break, go for the expiry of june end or july mid, clear trendline break and big bold red weekly candle, which broke the low of last 2 weeks low, target is about 2500 points
The chart is self-explanatory and shared for educational purposes. Natural gas is currently trading within a support zone. If it reverses from this level, we may see stronger uptrends. However, if the support breaks with a clear signal, it could indicate a downtrend. Trade with Stop-loss 🚨 Disclaimer: This is not financial advice. Trade at your own risk. Past...
**Analyzing Nifty 50 Index Levels for May 17, 2024** *Based on the provided levels and market conditions, let's delve into the potential support and resistance levels for Nifty 50 on May 17, 2024, to aid traders in their decision-making process.* ### Support Levels: 1. **Primary Support Zone:** 22350 to 22300 (Conditional) - If the market opens with a gap...
**Analyzing Bank Nifty Index Levels for May 17, 2024** *Building on the previously identified levels and market dynamics, let's explore the potential support and resistance zones for Bank Nifty on May 17, 2024, to guide traders in their decision-making process.* ### Support Levels: 1. **Primary Support Level:** 47814 2. **Secondary Support Level:** 47620 3....
NSE:NIFTY Highest Call writing of 30.88 Lakh at 22500 Strike followed by 23.39 Lakh at 22900 Strike and 21.82 Lakh at 22800 strike. Maximum Put writing of 31.22 Lakh at 22000 Strike followed by 26.87 Lakh at 22200 strike and 20.59 Lakh at 22300 Strike. Index closed near 22400 level. Index has resistance near 22500 level and if index crosses and sustain above...
NSE:BANKNIFTY Highest Call writing of 21.50 Lakh at 48000 strike followed by 12.60 Lakh at 48500 strike and 12.60 Lakh at 48500 strike. Highest Put writing of 13.07 Lakh at 48000 strike followed by 13.07 Lakh at 47500 strike and 10.70 Lakh at 47000 strike. Index closed near 47975 level. Index may reach near 48250 - 48300 level and if crosses and sustain above...
NSE:CNXFINANCE Maximum Call writing near CMP is at 21500 strike with 7.03 Lakh followed by 6.61 Lakh Call at 21700 Strike and 6.38 Lakh at 21600 strike. Maximum Put writing is at 7.93 Lakh at 21200 strike followed by 5.87 Lakh Put writing at 21300 strike and 4.90 Lakh at 21100 strike. Index closed near 21415 level. Index may reach near 21500 level and if...
NSE:NIFTY_MID_SELECT Maximum Call writing of 17.08 Lakh is at 11500 strike followed by 13.48 Lakh at 11300 Strike and 11.19 Lakh at 11400 strike and Put writing of 18.86 Lakh at 11000 Strike followed by 18.26L Lakh at 11200 Strike and 15.16 Lakh at 11100 strike. Index is closed near 11275 level. Index may reach near 11325 level if crosses and sustain above...
Observing a downward channel pattern in the 4-hour timeframe for Bitcoin, with a breakout and subsequent retest indicating a potential continuation of this pattern. Based on this analysis, anticipate immediate resistance levels around 66500 to 66800 to be tested. Additionally, if you measure the length of the channel, it's approximately 8000 points, suggesting a...
NSE:NIFTY Highest Call writing of 103.67 Lakh at 22500 Strike followed by 76.09 Lakh at 22300 Strike and 65.90 Lakh at 22400 strike. Maximum Put writing of 71.02 Lakh at 22000 Strike followed by 57.26 Lakh at 22200 strike and 46.26 Lakh at 22100 Strike. Index closed near 22200 level. Index has resistance near 22300 level and if index crosses and sustain above...
NSE:BANKNIFTY Highest Call writing of 15.63 Lakh at 48000 strike followed by 8.78 Lakh at 49000 strike and 6.22 Lakh at 48500 strike. Highest Put writing of 7.50 Lakh at 48000 strike followed by 6.61 Lakh at 47000 strike and 6.24 Lakh at 47500 strike. Index closed near 47690 level. Index may reach near 48250 level and if crosses and sustain above 47900 - 47950...
NSE:CNXFINANCE Maximum Call writing near CMP is at 21500 strike with 6.47 Lakh followed by 6.46 Lakh Call at 21300 Strike and 5.74 Lakh at 21200 strike. Maximum Put writing is at 6.61 Lakh at 21200 strike followed by 4.56 Lakh Put writing at 20600 strike and 3.55 Lakh at 20800 strike. Index closed near 21185 level. Index may reach near 21290 - 21340 level and...
NSE:NIFTY_MID_SELECT Maximum Call writing of 9.60 Lakh is at 11200 strike followed by 8.66 Lakh at 11400 Strike and 7.56L Lakh at 11300 strike and Put writing of 10.52 Lakh at 11100 Strike followed by 9.59 Lakh at 11000 Strike and 6.83 Lakh at 10900 strike. Index is closed near 11165 level. Index may reach near 11200 - 11225 level if crosses and sustain above...
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...
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...
NIfty today opened high then got immeadiate sell off from top and consolidated whole day in tight range tommorow could be a big trending expecting in my view.Nifty struck in triangle which everside breakout happens and sustains can give good moves. Resistance : 22250 above long tagets of 22300,22360,22400,22420. Support: 22160 below short targets of...