As we can see NIFTY has shown strong buying pressure forming an inverted hammer and hence as long as NIFTY maintains itself above 23500, every dip is a buying opportunity so plan your trades accordingly.
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...
XAG/XAU the key value is 13.06 that was just kissed today. But once this level is crossed, there is only air until the next level that is way up 20% higher If XAU crosses 2500, that is around 7% higher and XAG/XAU does a 20% premium on that, expect XAG to reach 40. 1.2*1.07*31=39.8
NSE:NIFTY Maximum Call writing near CMP is at 24000 strike with 88.34 Lakh followed by 45.66 Lakh at 23500 Strike and 39.48 Lakh at 23600 strike and Put writing of 84.35 Lakh at 23000 Strike followed by 56.58 Lakh at 23500 Strike and 34.00 Lakh at 23300 strike. Index is closed near 23570 level. Index has resistance near 23650 - 23700 range and if index...
NSE:BANKNIFTY Maximum Call writing near CMP is at 52000 strike with 21.30 Lakh followed by 20.26 Lakh at 53000 Strike and 14.61 Lakh at 51500 strike and Put writing of 29.25 Lakh at 50000 Strike followed by 25.65 Lakh at 51000 Strike and 19.83 Lakh at 51500 strike. Index is closed near 51785 level. Index has resistance near 51900 - 52000 range and if index...
NSE:CNXFINANCE Maximum Call writing near CMP is at 23500 strike with 6.01 Lakh followed by 5.83 Lakh at 23000 Strike and 5.83 Lakh at 23200 strike and Put writing of 7.83 Lakh at 22500 Strike followed by 6.60 Lakh at 22700 Strike and 6.43 Lakh at 23000 strike. Index is closed near 23035 level. Index has resistance near 23200 – 23300 range and if index crosses...
NSE:BANKNIFTY Maximum Call writing near CMP is at 52000 strike with 15.90 Lakh followed by 13.75 Lakh at 51000 Strike and 12.75 Lakh at 51500 strike and Put writing of 21.11 Lakh at 51000 Strike followed by 18.90 Lakh at 50000 Strike and 12.80 Lakh at 50500 strike. Index is closed near 51400 level. Index has resistance near 51900 - 52000 range and if index...
NSE:CNXFINANCE Maximum Call writing near CMP is at 23000 strike with 5.06 Lakh followed by 3.08 Lakh at 23500 Strike and 2.52 Lakh at 23300 strike and Put writing of 6.12 Lakh at 22500 Strike followed by 4.33 Lakh at 23000 Strike and 4.30 Lakh at 22700 strike. Index is closed near 22945 level. Index has resistance near 23200 – 23300 range and if index crosses...
NSE:NIFTY_MID_SELECT Maximum Call writing near CMP is at 12100 strike with 10.24 Lakh followed by 8.62 Lakh at 12000 Strike and 6.11 Lakh at 12200 strike and Put writing of 11.84 Lakh at 12000 Strike followed by 5.75 Lakh at 11800 Strike and 5.39 Lakh at 12100 strike. Index is closed near 12000 level. Index has resistance near 12150 - 12200 level and if index...
As I had mentioned in my NiftyIT analysis, Sonata software is showing good reversal signs. Today, stock gave a breakout of trendline after bouncing from support. It is going to fill gap till 630 tomorrow which can be a good trade any intraday traders. Swing traders shouldn't miss opportunity of adding this multibagger stock in watchlist. Good stock for long term...
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...
BNF looks bullish today only if there is a reversal from discounted area(51500). With 1:3 RR am interested for buying at 51500 area in LTF reversal. Do your own analysis before you trade.
This analysis anticipates a possible bearish move towards the FVG W zone around 1.88000, provided the price respects the Supply Zone and fails to break above it. Traders should monitor the 1.91500 level for potential entry points and confirmatory price action.
BankNifty broke all resistance on the upside and made a new All-Time High of 51,957, closing above the previous ATH of 51,133. The weekly trend (50 SMA) is positive, and the daily trend is sideways. Support Levels: Near Support/Demand Zone (125m): 50,879 - 51,213 Far Small Support/Demand Zone (15m): 50,597 - 50,765 As the daily trend is still sideways, taking...
Nifty continued its upward journey and made a new All-Time High of 23,664 on Wednesday but closed negative at 23,516. The weekly trend (50 SMA) is positive, and the daily trend is still sideways. Support Levels: Near Support/Demand Zone (15m): 23,412 - 23,470 Further Down Support/Demand Zone (15m): 23,334 - 23,369 Far Support/Demand Zone (15m): 23,232 - 23,268 ...
As we can despite the strength NIFTY is maintaining itself in a tight channel which could be very crucial deciding its upcoming trend. Any closing above or below the structure could lead to strong movement so plan your trades accordingly.