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: SOLARA 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 9% to 15% gain on deployed...
IRCTC is under progress of Probable W pattern however 770 need to cross
Midcap Index is again approaching towards the ATH. No major Demand zones have formed recently, so we can expect the price to take some support from the EMA's or the Demand zone marked ( 17821- 17677) and move up higher. THIS IS MY PERSONAL ANALYSIS FOR MY PERSONAL TRADING NOT A TIP OR ANY TRADE RECOMMENDATION.
As we can see BANKNIFTY is just couple points away from its ATH mark as we had been analysis since last posts. Now any strong opening will bring up new ATH for BANKNIFTY. Now the question arises whether BANKNIFTY can hold its level or not! If YES which has majority changes as the election is coming and the most obvious news is yet to be factored in, then we can...
Direct Buy and sell on bullish/bearish candle on 26616 and 22316 level, For the level of 22535 and 22548 trade on these level traps with Double candle confirmation. View is clear and market is at its most interesting point.
stock broke out an THF supply now forming a good base at supply a clear up side move might happen. can enter it might give an 1:3 return. not an financial advice just an chart analysis
EASEMYTRIP takes a good support at the rangebound rectangle box. Also now it is above 20 EMA and monthly Pivot. The last day bullish candle with wxcellent momentum indicates an upward movement. CMP 46.40 Support 45 Target 54.40 Risk Reward 5+
Running from weekly demand zone plus Ema 20 supports . Closing above Ema 20 on daily time frame . Expecting big move for the Target 170+++
This is stock showing very strong performance, quarterly performance also keeps going Evitda also working well quarterly by quarterly, no doubt there is stock can be multi bigger like Zomato from this stage.
GEPIL on support let see if make w pattern with higher low breakout on neckline we can buy 2nd if break support with lower high we can sell stock will be bearish for short term
Infosys Chart Analysis with Targets Infosysy Given Breakout above 1560 Level , But Price not sustained & Breakout Fail . on Weekly Time Frame . Down Side First Target is 1470 First Support Zone - 1346-1375
We can see a change of character , with the weekly breaking about above 160 range. Some consolidation or test of SR at 160 would give oppoortunity to add lower. No significat resistance / supply zone till 200. That would be the first target. Above that we can see the Fixed Range Volume Profile - giving us the next supply block around 255-260. I expect this move...
NSE:NIFTY_MID_SELECT Maximum Call writing buildup of 12.22 Lakh is at 10800 strike followed by 9.64 Lakh at 10900 Strike and Put writing of 14.01 Lakh at 10700 Strike followed by 13.30 Lakh at 10800 Strike. Index is closed above support level of 10800. As the more put writing is building up at 10800 strike the support level is shifting up with big support near...
NSE:CNXFINANCE Maximum Call writing is at 21400 strike with 5.76 Lakh followed by 5.23 Lakh Call at 21500 Strike. Maximum Put writing is at 9.59 Lakh at 21000 strike followed by 8.56 Put writing at 21100 Strike. As the Option writing is widening up, the trade range is also widening between 21000 - 21100 support and resistance near 21600 - 21630 level. If...
NSE:BANKNIFTY Highest Combined Call and Put writing at 48000 strike with 19.88 Lakh Call and 18.88 Lakh Put writing. 2nd highest Call writing of 12.79 Lakh at 48500 strike and Put writing of 16.57 Lakh at 47500 strike. The Support level is shifting up. If Index crosses 48250 and sustain then it may go near near All Time High (ATH) resistance near 48600 level....
NSE:NIFTY Highest Call and Put writing is at 22500 strike with 35.99 Lakh and 35.36 Lakh Put. 2nd highest Call writing of 30.43 Lakh at 22600 Strike and Put writing of 29.31 Lakh at 22300 strike. As Index has touched nea All Time High (ATH), Index may face resistance near 22625 level and if it crosse the resistance sustain with unwinding of Call at 10500 and...
In the Weekly Chart of METROPOLIS , we can see that, it has created a Decision making OR Halt candle near resistance. Enter on breaking its High with low as SL.