NSE:BANKNIFTY Index has resistance near 49600 level and if index crosses and sustain above 48600 level then may reach near 50000 - 50200 range. Index has immediate support near 48500 48250 range and if this support is broken then index may tank near 47500 level.
NSE:CNXFINANCE Index has resistance near 21600 level and if index crosses and sustain above 21500 level then may reach near 22150 – 22200 range. Index has immediate support near 21500 level and if this support is broken then index may tank near 21550 level.
NSE:NIFTY_MID_SELECT Maximum Call writing near CMP is at 11500 strike with 5.18 Lakh followed by 3.76 Lakh at 11600 Strike and 3.12 Lakh at 11700 strike and Put writing of 3.72 Lakh at 11500 Strike followed by 3.00 Lakh at 11200 Strike and 2.67 Lakh at 11400 strike. Index is closed near 11455 level. Index has resistance near 11600 level and if index crosses...
1.Moving averages - 21 Ema above 50 -50 Ema above 200 -Gap between Ema seems better 2.uptrend continues observed 3.Good pivot levels
Please find below simple resistance and support: This is only for education purpose. Do your own research before investing or trading. I AM NOT SEBI REGISTERED ANALYST, SO BEFORE TAKING ANY DECISION CONSULT ANY PROFESSIONAL. We Strictly Recommend You Not To Make Any Decisions, Financial, Investments, Trading, Or Otherwise. Please Understand That Using This...
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...
As we can see NIFTY managed to recover despite NDA’s weak winning which shows WIN itself is a major determinant of how economy and market would perform hence as long as NDA government is in power, market is expected to remain stable with bullish outlook. Now NIFTY can be also seen closing inside the structure and hence can be expected a full short covering in...
BankNifty gained 4.5% yesterday and closed inside the 15-minute resistance zone mentioned in the last post. If it breaks above 49,700, we might see selling pressure at the daily resistance zone starting at 50,092. Support Levels: Near Support Zone (30m) for Intraday: 47,386 - 48,000 Near Support Zone (15m) for Intraday: 46,511 - 46,833 Near Support Zone (Daily):...
CNXPHARMA (NIFTY PHARMA) | Super ready for another 30% rally
Nifty gained more than 3% yesterday and closed near the 15-minute resistance zone mentioned in the last post. If it breaks above 22,900, we might see selling pressure at the daily resistance zone starting at 23,062. Support Levels: Intraday Support Zone (15m): 21,944 - 22,076 Near Support (Daily): 21,137 - 21,459 (remains the same) Far Support (Daily): 20,769 -...
NSE:NIFTY Maximum Call writing near CMP is at 23000 strike with 96.06 Lakh followed by 45.30 Lakh at 22500 Strike and 43.17 Lakh at 22000 strike and Put writing of 73.95 Lakh at 21000 Strike followed by 35.39 Lakh at 22000 Strike and 34.93 Lakh at 21500 strike. Index is closed near 21885 level. Index has immediate support near 21525 - 21500 range and if this...
NSE:BANKNIFTY Index has immediate support near 46000 level and if this support is broken then index may tank near 45600 level. Index has resistance near 48250 - 48560 level and if index crosses and sustain above 48600 level then may reach near 49600 level.
NSE:CNXFINANCE Index has immediate support near 20450 - 20350 range and if this support is broken then index may tank near 20200 level. Index has resistance near 21260 level and if index crosses and sustain above 21260 level then may reach near 21550 level.
NSE:NIFTY_MID_SELECT Maximum Call writing near CMP is at 11000 strike with 4.52 Lakh followed by 4.11 Lakh at 11500 Strike and 2.48 Lakh at 12000 strike and Put writing of 4.98 Lakh at 11000 Strike followed by 2.47 Lakh at 11500 Strike and 1.43 Lakh at 11400 strike. Index is closed near 10840 level. Index has immediate support near 10500 – 10450 range and if...
HERITGFOOD | 25% so far, can add some more here and looks good for new position also CMP : 295 (Dip : 280) SL : 240 Target : 420
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...