we will long TAO as it hit the demand zone and also is in accordance with the Fibonacci at the time
NSE:LT Stock closed above ATH on 28th March 2024. If drawing Fibonacci Extension taken into account of recent High and Low then the 1.618 Fibonacci Extension level comes near 4038 level. Long Position may be initiated at CMP with Trailing SL 3700 for the target near 4038 level.
NSE:NIFTY Highest Call writing of 96.60 Lakh at 22700 Strike followed by 74.63 Lakh at 22500 Strike. Maximum Put writing of 65.72 Lakh at 22000 Strike followed by 66.04L Lakh at 22200 Strike. Index may face resistance near 22430 - 22500 and retraces if reaches near that level. Index has strong support near 22200 level and if that level break then Index may...
NSE:BANKNIFTY Highest Call writing of 38.06 Lakh at 48000 strike followed by 33.85 Lakh at 47500. Highest Put writing of 22.49 Lakh at 47000 strike followed by 18.40 Lakh at 47500 strike. Index may face resistance near 48250 - 48500 level and retraces if index reaches in the area due to Israel Iran war tension Index has support near 47500 level and if this...
NSE:CNXFINANCE Maximum Call writing is at 21600 strike with 25.14 Lakh followed by 24.18 Lakh Call at 21500 Strike and 23.54 Lakh at 21300. Maximum Put writing is at 20.99 Lakh at 21000 strike followed by 17.03 Lakh Put writing to nearer strike at 20900. The support level is shifting down to 21000 - 20800. Index may face resistance near 21330 - 21400 level and...
BTCUSD is trading near important support zone of 61800. If it breaks the 61000 zone we can expect a further fall in BTC till 54000. If its reversed from that zone we can expect a upward move till 65000.
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...