Uptrend Cont. Forward in Lauruslabs on Weekly TF.NSE:LAURUSLABS is in a beautiful Uptrend lately on a Weekly Timeframe, With Aggressive Delivery based Buying and a Long Buildup in Futures today.
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Supply and Demand
Dixon Tech either buy or wait to buy??
Dixon is trading in a parallel channel for a while and now it is holding on to the higher levels.
The company is a EMS (Electronic Manufacturing Services) and provides them to the listed companies.
On the monthly charts, the stock has been travelling and given 150% returns in the current year.
Much of the movement is given this year and still the targets of 20k is being recommended by some rating services company.
As for now the stock is holding on to the higher levels and creating a Flag and pole pattern.
400 points range the stock is consolidating and the bullish flag break out can take the stock to the higher levels.
A low volume accumulation in happening in the stock and the target levels of around 17800 can be seen in the coming weeks.
Targets :- 16700, 17700
Wait for the price action around the break out level and enter as per the setup.
BankNifty levels - Nov 28, 2024Utilizing 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 levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
Nifty levels - Nov 28, 2024Nifty 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 in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
"Nifty Swing Trade: Catch the Next Move!Hi All,
Sharing my latest view on Nifty:
👉 Target: 24,500+ levels look promising for one good swing.
👉 Stoploss: 23,800 to manage risk effectively.
Keep an eye on market trends and trade cautiously. Let me know your thoughts in the comments!
#Nifty #SwingTrading #MarketAnalysis #StockMarket
BERGER PAINT - FUTURE TRADING IDEA ON LONG SIDESymbol - BERGEPAINT
BERGEPAINT is currently trading at 491
I'm seeing a trading opportunity on buy side.
Buying BERGEPAINT Futures at 491
I will add more long position at 480, if comes.
Holding with SL of 470
Targets I'm expecting are 512 - 525 & above.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
COAL INDIA - SWING TRADE ON LONG SIDESymbol - COALINDIA
COALINDIA is currently trading at 421
I'm seeing a trading opportunity on buy side.
Buying COALINDIA Futures at 421
I will add more long position at 412, if comes.
Holding with SL of 405
Targets I'm expecting are 440 - 452 & above.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
BankNifty Intraday Support & Resistance Levels for 27.11.2024On Tuesday, BankNifty opened with a gap-up at 52555.50, which was also the day's high, breaking above the supply zone. However, it couldn’t sustain the momentum and dropped to a low of 51999.75, closing at 52191.50, down by 16 points from the previous close.
The Weekly Trend (50 SMA) and Daily Trend (50 SMA) remain sideways. The Demand & Supply Zones are unchanged from the prior analysis.
Demand/Support Zones
Near Demand/Support Zone (30m): 51040.05 - 51271.50
Far Small Demand/Support Zone (15m): 50609.75 - 50824.55
Far Support: 49282.65 (61.8% FIBO Level)
Far Demand/Support Zone (Daily): 44633.85 - 45750.40
Supply/Resistance Zones
Near Supply/Resistance Zone (Daily): 51294.20 - 52493.95 (current price within this zone)
Far Supply/Resistance Zone (Daily): 52817.80 - 53235.25
Far Supply/Resistance Zone (Weekly): 53741.40 - 54467.35
Nifty Intraday Support & Resistance Levels for 27.11.2024On Tuesday, Nifty opened with a gap-up at 24343.30, which also marked the day's high. However, the momentum did not sustain, leading to a low of 24125.40, before closing at 24194.50, down by 27 points from the previous close.
The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) is also sideways. The Demand & Supply Zones remain unchanged from the previous analysis.
Demand/Support Zones
Near Demand/Support Zone (15m): 23856.15 - 23940.30
Near Demand/Support Zone (15m): 23661.75 - 23731.25
Far Demand/Support Zone (75m): 23447.15 - 23578.60
Near Support: 23189.88 (61.8% FIBO)
Far Demand/Support Zone (Daily): 22642.60 - 22910.15
Supply/Resistance Zones
Near Supply/Resistance Zone (75m): 24447.65 - 24537.60
Far Supply/Resistance Zone (Daily): 24567.65 - 24978.30 (inside Weekly Supply Zone)
Far Supply/Resistance Zone (75m): 24636.75 - 24741.45 (inside Daily Supply Zone)
Far Supply/Resistance Zone (Weekly): 24567.65 - 25234.05
BANKNIFTY can show new ATH if sustained above 52500…? As we can see BANKNIFTY got rejected exactly where we expected it to get rejected and remained sideways to negative and it could continue for upcoming days until it breaks and sustains above 52500 levels which could show new ATH so plan your trades accordingly and we may see volatility here leading to multiple fakeouts.
Gold stabilizes above $2,600 after sell-off on hope of ceasefireGold fluctuates above $2,600 on Tuesday after sliding almost three percent – a whopping $90 plus – on Monday due to rumors Israel and Hezbollah were on the verge of agreeing on a ceasefire. Whilst good news for Lebanon, this was not good news for Gold as it improved the outlook for geopolitical risk.
At the time of writing, Gold price is consolidating the bounce near $2,625 as buyers stay cautious amid an impending Bear Cross.
The 21-day SMA is closing in to cut the 50-day SMA from above. If that happens on a daily closing basis, it will validate the bearish crossover.
Adding credence to the downside potential, the 14-day Relative Strength Index (RSI) has found a foothold below the 50 level, currently at 45.50.
The immediate support is at the intraday low of $2,605, below which a drop toward the 100-day SMA at $2,566 cannot be ruled out.
A sustained break below that level could challenge the November 14 low of $2,537.
Conversely, Gold buyers need a daily candlestick closing above the confluence of the 21-day SMA and the 50-day SMA at $2,667.
The next topside barriers are seen at the $2,700 level and Monday’s high of $2,721.
Nifty Intraday Analysis for 26th November 2024NSE:NIFTY
Index closed near 24220 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24500 Strike – 80.07 Lakh
24300 Strike – 75.08 Lakh
24200 Strike – 43.27 Lakh
Put Writing
24300 Strike – 59.06 Lakh
24000 Strike – 58.08 Lakh
24200 Strike – 43.56 Lakh
Index has resistance near 24300 – 24550 range and if index crosses and sustains above this level then may reach near 24500 - 24550 range.
Index has immediate support near 24050 – 23950 range and if this support is broken then index may tank near 23850 – 23800 range.
Banknifty Intraday Analysis for 26th November 2024NSE:BANKNIFTY
Index closed near 52205 level and Maximum Call and Put Writing near CMP as below in current Monthly contract:
Call Writing
53000 Strike – 25.07 Lakh
52000 Strike – 20.41 Lakh
52500 Strike – 19.08 Lakh
Put Writing
51000 Strike – 25.50 Lakh
52000 Strike – 19.87 Lakh
51500 Strike – 18.66 Lakh
Index has resistance near 52500 – 52600 range and if index crosses and sustains above this level then may reach near 53000 – 53200 range.
Index has immediate support near 51650 - 51550 range and if this support is broken then index may tank near 51100 - 51000 range.
Finnifty Intraday Analysis for 26th November 2024NSE:CNXFINANCE
Index closed near 24060 level and Maximum Call and Put Writing near CMP as below in current Monthly contract:
Call Writing
24700 Strike – 16.40 Lakh
24500 Strike – 15.01 Lakh
24100 Strike – 10.84 Lakh
Put Writing
23500 Strike – 12.18 Lakh
23800 Strike – 9.90 Lakh
24000 Strike – 9.76 Lakh
Index has resistance near 24250 - 24350 range and if index crosses and sustains above this level then may reach near 24500 - 24550 range.
However, Index has immediate support near 23750 – 23650 range and if this support is broken then index may tank near 23400 – 23300 range.
Midnifty Intraday Analysis for 26th November 2024NSE:NIFTY_MID_SELECT
Index closed near 12575 level and Maximum Call and Put Writing near CMP as below in December Monthly contract:
Call Writing
13000 Strike – 1.33 Lakh
12600 Strike – 1.15 Lakh
12500 Strike – 1.05 Lakh
Put Writing
12500 Strike – 1.47 Lakh
12600 Strike – 0.95 Lakh
12550 Strike – 0.39 Lakh
Index has immediate resistance near 12750 – 12800 range and if index crosses and sustains above this level then may reach 12950 – 13000 range.
Index has immediate support near 12350 – 12300 range and if this support is broken then index may tank near 12200 – 12150 range.
Nifty levels - Nov 27, 2024Nifty 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 in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
BankNifty levels - Nov 27, 2024Utilizing 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 levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
BTCUSD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARDBTCUSD SHOWING A GOOD
UP MOVE WITH 1:8 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
BankNifty Intraday Support & Resistance Levels for 26.11.2024On Monday, BankNifty opened with a huge gap-up of 910 points, breaking the 75m Supply Zone and entering the Daily Supply Zone highlighted earlier. It made a low of 51774.05 and a high of 52331.10 before closing at 52207.50, gaining an impressive 1072 points over the previous close.
The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) has shifted from Negative to Sideways, indicating potential for further movement with caution at higher levels.
Demand/Support Zones
Near Demand/Support Zone (30m): 51040.05 - 51271.50
Far Small Demand/Support Zone (15m): 50609.75 - 50824.55
Far Support (61.8% FIBO): 49282.65
Far Demand/Support Zone (Daily): 44633.85 - 45750.40
Supply/Resistance Zones
Near Supply/Resistance Zone (Daily): 51294.20 - 52493.95 (current price within this zone)
Far Supply/Resistance Zone (Daily): 52817.80 - 53235.25
Far Supply/Resistance Zone (Weekly): 53741.40 - 54467.35
Nifty Intraday Support & Resistance Levels for 26.11.2024On Monday, Nifty opened with a massive gap-up of 346 points, breaking through the 75m and Daily Supply Zones. It touched a high of 24351.55 and a low of 24135.45 before closing at 24221.90, gaining 314 points from the previous close.
The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) has shifted from Negative to Sideways, signalling cautious optimism.
Demand/Support Zones
Near Demand/Support Zone (15m): 23856.15 - 23940.30
Near Demand/Support Zone (15m): 23661.75 - 23731.25
Far Demand/Support Zone (75m): 23447.15 - 23578.60
Near Support (61.8% FIBO): 23189.88
Far Demand/Support Zone (Daily): 22642.60 - 22910.15
Supply/Resistance Zones
Near Supply/Resistance Zone (75m): 24447.65 - 24537.60
Far Supply/Resistance Zone (Daily): 24567.65 - 24978.30 (inside Weekly Supply)
Far Supply/Resistance Zone (75m): 24636.75 - 24741.45 (inside Daily Supply)
Far Supply/Resistance Zone (Weekly): 24567.65 - 25234.05
Lido DAO Long-Term analysis, getting profit of +540% ROILido is currently trading within sideways waves and has recently breakout above a trendline within these waves. This indicates a potential uptrend. The first target is the top of the sideways wave at $3.45 USD, which also acts as a resistance level. Reaching this target could yield a potential profit of +181% percentage ROI. If the market closes above or breakout of this first target, a more significant price movement could occur, potentially reaching the second target of $6.325 USD. This could result in a total potential profit of +540%. Good luck.