Wyckoff Bearish Distribution Schematic #1 Price has been overbought since Feb 2024 31st May and 4th June movement was first indication of the bears
Friday's Sell Off Definitely Suggests that Neither Central Banks nor China nor any other retailer is interested in buying Gold at such high valuation. Picture is getting Clearer. One May look for Selling Opportunity around the Supply Zone. Gold looks set to test 2200 Zone. Bullishness Only above 2380. Below 2380, Bears are going to be under Control. Bulls...
Dow Jones.. 4Hr Timeframe Strong Support 38800-38900 Stoploss 38400 Demand Supply Formula
Hi All, This idea is about EMUDHRA Fundamentals Market Cap - 7438 Cr Stock PE - 98.7 ROE - 14.4% ROCE - 17.7% Promoter Buying - 54.4 Quick Ratio - 5.71 D/E - 0.01 Emudhra is a licensed certifying authority involved in issuing digital signature certificates in India under its eMudhra brand. The company is licensed by the Controller of Certifying Authorities...
BankNifty opened gap-down on Monday, reacted from the 125m demand zone mentioned previously, and closed near the day's high. The weekly trend (50 SMA) is positive, while the daily trend remains sideways. Support Levels: Near support/demand zone (125m) for weekly trades: 50,879 - 51,213 Near support/demand zone (30m) for intraday: 51,161 - 51,357 Far small...
Nifty opened gap-down on Monday, reacted from the 15m demand zone mentioned yesterday, and closed near the day's high. The weekly trend (50 SMA) remains positive, while the daily trend is still sideways. Support Levels: Near support/demand zone (15m): 23,430 - 23,469 Far support/demand zone (15m): 23,297 - 23,329 Further support/demand zone (15m): 23,232 -...
NSE:BANKNIFTY Maximum Call writing near CMP is at 53000 strike with 27.76 Lakh followed by 25.28 Lakh at 52000 Strike and 22.59 Lakh at 52500 strike and Put writing of 35.65 Lakh at 51000 Strike followed by 30.99 Lakh at 50000 Strike and 26.27 Lakh at 51500 strike. Index is closed near 51700 level. Index has resistance near 52000 level and if index crosses...
NSE:CNXFINANCE Maximum Call writing near CMP is at 23500 strike with 22.95 Lakh followed by 17.59 Lakh at 23100 Strike and 15.89 Lakh at 23300 strike and Put writing of 22.21 Lakh at 22500 Strike followed by 19.99 Lakh at 23000 Strike and 19.11 Lakh at 22800 strike. Index is closed near 23070 level. Index has resistance near 23100 – 23160 range and if index...
NSE:NIFTY_MID_SELECT Maximum Call writing near CMP is at 12300 strike with 5.07 Lakh followed by 3.71 Lakh at 12700 Strike and 2.76 Lakh at 12500 strike and Put writing of 4.66 Lakh at 12000 Strike followed by 4.34 Lakh at 12200 Strike and 3.57 Lakh at 12300 strike. Index is closed near 12275 level. Index has resistance near 12300 level and if index crosses...
NSE:BANKNIFTY Maximum Call writing near CMP is at 52000 strike with 24.52 Lakh followed by 24.54 Lakh at 52500 Strike and 21.88 Lakh at 53000 strike and Put writing of 25.83 Lakh at 51000 Strike followed by 25.30 Lakh at 50000 Strike and 17.36 Lakh at 50500 strike. Index is closed near 51660 level. Index has resistance near 51800 - 52000 range and if index...
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...
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...
Nifty 23600 is at support zone one can buy with the strict SL of trendline low.
BankNifty had a very volatile session on Friday and closed down 122 points. The weekly trend (50 SMA) remains positive, while the daily trend is still sideways. Support Levels: Near Support/Demand Zone (125m): 50,879 - 51,213 Far Support/Demand Zone (15m): 50,597 - 50,765 Given that the daily trend is still sideways, taking confirmation entries for long trades in...
Nifty reacted from the 30m supply zone during intraday trading on Friday and closed near the day's low. However, it did not close below the crucial level of 23,442 mentioned in the last post. GIFTNIFTY is trading negative as of this post, indicating that we might see a decline in Nifty to 23,369 and below. The weekly trend (50 SMA) remains positive, while the...
resistance turned strong support on weekly timeframe and my masala wickjump candle has been created.. sochne ka nhi buy karne ka
For Education purposes only. Give a boost/like if you like the idea. Also, mention your view below in the comment. NUVOCO was trending sideways after bearish move and it's now showing good potential for further upside with aim for 52 week high.