This chart represents the EUR/CAD (Euro/Canadian Dollar) currency pair on a 4-hour timeframe. The analysis appears to be a technical analysis focusing on price action, support and resistance levels, and potential future movements. Key Elements of the Analysis: 1. **Trend Line**: - A dashed upward trend line is drawn from mid-April to early June, indicating a...
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...
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...
Please consult your financial advisor before investing.This is only for learning purpose of chart. We are NISM certified EQ and MCX trader but SEBI register not investment advisor. You can connect me on INSTA for further query at _prem_.23 STOCK moved and retraced back it might move again for its all time high
NiftyBank For trading Bank Nifty on Monday, focus on the immediate support level at the 49650 area. If the price falls below this level, look for potential targets at 49450, 49300, and 49200. On the upside, the resistance zone lies between 49950 and 50000. A breakout above this resistance could lead to targets at 50100, 50250, 50350, and 50500. Pay close...
On weekly chart, a cup and handle formation is made Contractions getting tighter with dec in volume Breakout with expanding volumes
On a weekly chart - Rising Wedge channel formed - Previous breakout gave 61% returns - Breakout in the current weak - Strong tailwinds
Breaking out of Rising wedge channel on monthly chart On weekly chart breaks horizontal resistance Upmove of 30% likely
The chart provided is a daily price chart of the USD/CHF (U.S. Dollar/Swiss Franc) currency pair. It includes various technical analysis elements that suggest a bearish outlook. Here’s a detailed description of the analysis: Trend Analysis 1. **Uptrend Channel (Early 2024 - April 2024)**: - The price was initially in an upward channel, making a series of...
BankNifty opened with a gap-up at 50,179 yesterday, landing inside the 15m supply zone (50,129 - 50,227) mentioned previously. This caused selling pressure, leading to a close at almost the day's low of 49,846.70. The weekly trend (50 SMA) remains positive, while the daily trend is sideways. Support Levels: Near Support/Demand Zone (15m Tested): 49,728 - 49,860...
Nifty broke the intraday supply zone (15m) yesterday, making a new all-time high of 23,480.95, marking the Open=High for the day. The weekly trend (50 SMA) remains positive, while the daily trend is sideways. Support Levels: Near Support/Demand Zone (15m): 23,232 - 23,268 Far Support/Demand Zone (15m): 23,037 - 23,078 Far Support/Demand Zone (125m): 22,642 -...
As we can see despite various attempts and strong openings, NIFTY ends up closing in red facing resistance from the structure hence we can expect NIFTY being sideways to negative till it is below the structure. On the other hand, we can see NIFTY forming more like flag-pole pattern which is a trend continuation pattern hence we may expect a strong unidirectional...
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . 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 ,...
Silver is at support region. any reversal can be good for some upmove until the range breakout happens.
The stock has been consolidating and price missed giving entry on 4th June. There is a possibility of price retracing back to that level and price bouncing and moving up again.
NSE:NIFTY Maximum Call writing near CMP is at 24000 strike with 155.11 Lakh followed by 77.06 Lakh at 23500 Strike and 71.11 Lakh at 23400 strike and Put writing of 87.24 Lakh at 23000 Strike followed by 64.75 Lakh at 22800 Strike and 63.53 Lakh at 23200 strike. Index is closed near 23325 level. Index has resistance near 23450 – 23500 range and if index...
NSE:BANKNIFTY Maximum Call writing near CMP is at 50000 strike with 14.00 Lakh followed by 7.83 Lakh at 51000 Strike and 7.60 Lakh at 50500 strike and Put writing of 9.88 Lakh at 50000 Strike followed by 7.29 Lakh at 49000 Strike and 6.19 Lakh at 49700 strike. Index is closed near 49895 level. Index has resistance near 50250 level and if index crosses and...