Confluences marked on the chart. Potential +3R trade. Hold time till end of the week.
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...
NSE: BHARATFORG is closing with a bullish momentum candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on...
📊 Fundamental Key Points: Action Construction Equipment Ltd engages in manufacturing and marketing hydraulic mobile cranes, tower cranes, construction equipment, and agricultural machinery. The company offers a diverse product portfolio to meet various customer requirements. Financials: Market Cap ₹17,094 Cr, Current Price ₹1,428, Stock P/E 61.7, ROCE 26.2%,...
Banknifty closed in red as expected after breaking down the 1 hour timeframe trendline support which is 47950 area, formed a good bear candle and taking support at 20 EMA on daily front.if today day low 47700 area breaks it can test immeadiate support of 47540 area and even lower levels. For tommorow midpoint of today candle which is 47950 area can act as barrier...
Btc long as it hit the Demand Zone, it will reach at least halfway to the Suppy Zone in red
price is traded at support area so it s possible chance that price will move upper side Stop loss will below closing of last swing low which is marked in green area target as marked in zone. This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may...
LTIMINDTREE is currently trading in a support zone of 4850. It is trading in a good demand zone. So I'm taking long position in April Futures at CMP 4860-4870. I will be adding more position if 4750 comes & will hold with SL below 4700. I'm also tracking LTIM 5000 CE as well. I will be adding position in this too. I'm expecting it to bounce from here and reach...
BTCUSD reversed from the zone mentioned in my earlier post and scalped 200 points. 1 lot profit 200$
BTCUSD is near 1hr Demand zone. Wait for retest to happen and can try taking an entry. Once reversed can go till 65000. Wait for reversal between 63900 & 63700
As we can see NIFTY opened and had been weak throughout the day as analysed in our previous post and managed to sustain itself below the middle quadrant of the channel hence we can expect another fall till 22000 which is its next upcoming DEMANND ZONE and PSYCHOLOGICAL LEVEL hence till NIFTY maintains itself in the base quadrant, we can expect NIFTY to remain weak...
NSE:NIFTY_MID_SELECT Maximum Call writing buildup of 29.03 Lakh is at 11000 strike followed by 12.50 Lakh at 11050 Strike and Put writing of 25.16 Lakh at 10800 Strike followed by 18.06 Lakh at 10900 Strike. Index is closed above support level of 10940. Index may face resistance near 11000 - 11050 level and may retrace if go 11025 - 11050 leve if more Call...
NSE:CNXFINANCE Maximum Call writing is at 21800 strike with 11.72 Lakh followed by 10.79 Lakh Call at 21600 Strike and 10.35 Lakh at 21700. Maximum Put writing is at 13.59 Lakh at 21200 strike followed by 6.47 Lakh Put writing to nearer strike at 21600. The support level is shifting down to 21200. Index may face resistance near 21600 - 21800 level and less...
NSE:BANKNIFTY Highest Call writing of 29.76 Lakh at 49000 strike followed by 19.58 Lakh at 48800. Highest Put writing of 17.95L Lakh at 48500 strike followed by 17.76 Lakh at 48000 strike. Index may face resistance near 48800 - 49000 level and retraces if index reaches in the area due to Israel Iran war tension If Index fall below 48400 - 48350 and could not...
NSE:NIFTY Highest Call writing of 85.05 Lakh at 22700 Strike followed by 55.73 Lakh at 22800 Strike. Maximum Put writing of 57.39 Lakh at 22200 Strike followed by 37.62 Lakh at 22500 Strike. Index may face resistance near 22700 - 22800 level due to Israel Iran war tension. If index fall below 22440 level then it may go down to 22300 - 22200 level. Index has...
FinNifty 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...
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...