BAJFINANCE | Consolidating in same range for about 4 years now Looks good for easy 50-60% rally Trading at lower valuation and technically also in excellent area of value CMP : 6915
eth broke a visible support short entry can be initiated
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...
Reliance Industries, a major component of Nifty 50 with more than 10% weightage, is currently trading at 2850, which is the 61.8% FIBO retracement level of the last swing. We might expect a good bounce from this level. However, if this level does not sustain on a closing basis, we might see a fall to 2728, where there is a strong demand/support zone at 2647 -...
Suzlon had given a multi year breakout of 30-35 zone and is currently consolidating in a flag. Above 55, flag breakout will be confirmed and we can see a multibagger move in this stock. 55 is an important level as we have trendline as well as horizontal resistance. A risky stock but reversing fundamentals are responsible for breakout
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 ,...
As GIFTNIFTY indicates a GAP UP opening, we might see a new all-time high today for BankNifty. Here are the high time frame support and resistance zones instead of intraday levels: Support Levels: Near Support Zone (Daily): 47,435 - 48,260 Far Support: 48,017 (61.8% FIBO level of the last swing) Further Down Support Zone (Previous Low): 46,983 Resistance...
GIFTNIFTY is trading 3.5% up (800+ points) as of 8:05 AM, indicating we will see a GAP UP opening today and hit a new all-time high. Here are the high time frame support and resistance zones instead of intraday levels: Support Levels: Near Support (Daily): 22,417 - 22,568 Far Support Zone (75m): 21,821 - 22,041 Resistance Levels: Nearest Resistance Zone (Daily):...
As the election sentiments are going on and it seems like NDA is winning with substantial majority and as stock markets are purely driven by sentiments, we may see NIFTY opening up very strong and can also show new ATH in coming days. We can also see NIFTY at important SUPPORT which could add fuel to the fire so plan your trades accordingly.
💎 Paradisers, after taking the liquidity sweep, #ARUSDT has shown an Internal Change of Character (I-CHoCH) and Internal Break of Structure (I-BOS), followed by forming an inverse head and shoulders pattern. 💎 The price has also shown inducement. If it moves from here and closes a candle above the resistance zone, this will increase the probability of a bullish...
Rattanpower has given monthly breakout from a strong resistance zone of 16-18. Stock is very risky and operators favourite. However, volumes are at all time high and there are few rumours around it that Adani power is going to acquire the company which might be fueling this rally. If you are a high risk momentum trader , you should be interested in this...
💎 Paradisers, #TRBUSDT has broken out of a falling wedge pattern and has now formed a 'W' pattern, which increases the likelihood of a bullish move. 💎 If #TRB closes a candle above the resistance level, it will validate the pattern, and we can set our targets at the previous swings. 💎 However, if the price closes a candle below the demand zone, it will...
NSE:NIFTY Highest Call writing near CMP is at 23000 Strike of 38.92 Lakh followed by 17.38 Lakh at 22500 Strike and 13.56 Lakh at 22600 strike. Maximum Put writing of 20.48 Lakh at 22500 Strike followed by 15.36 Lakh at 23000 strike 11.78 Lakh at 22450 Strike. Index closed near 22490 level. Index has strong resistance near 22600 - 22625 level and if index if...
NSE:BANKNIFTY Highest Call writing near CMP is at 49000 strike of 9.36 Lakh followed by 7.01 Lakh at 48500 strike and 4.69 Lakh at 49500 strike. Highest Put writing of 8.21 Lakh at 48500 strike followed by 7.53 Lakh at 49000 strike and 6.14 Lakh at 48000 strike. Index closed near 49680 level. Index has resistance near 49000 level and if crosses and sustain...
NSE:CNXFINANCE Maximum Call writing near CMP is at 22000 strike with 2.48 Lakh followed by 2.44 Lakh Call at 21700 Strike and 2.02 Lakh at 21600 strike. Maximum Put writing is at 2.27 Lakh at 21000 strike followed by 1.74 Lakh Put writing at 21600 strike and 1.38 Lakh at 21500 strike. Index closed near 21600 level. Index has resistance near 21800 - 21830 level...