💎 Paradisers, #VELOUSDT has bounced from the Higher Time Frame (HTF) demand level, accompanied by a Fair Value Gap (FVG) candle and also shown Change of Character (CHoCH) towards a bullish market structure, increasing the likelihood of a bullish move. 💎 #VELO has also broken out of the falling wedge and shown bullish divergence on the MACD. If the price directly...
-In consolidation for 3 months (Long base means Big Breakout) -Tested 71800ish resistance level multiple times and this time after testing took support of 10 ema (2 wicks) n signalling reversal. -Good Shakeout U&R (Undercut and Rally, when price go lower than last lower: kicking out weak players , taking out their stop losses and rally back to upside) -Signal...
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 , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
NSE:NIFTY Highest Call writing of 47.38 Lakh at 23500 Strike followed by 45.12 Lakh at 23000 Strike and 28.92 Lakh at 22800 strike. Maximum Put writing of 49.28 Lakh at 22500 Strike followed by 46.28 Lakh at 22700 strike and 42.59 Lakh at 22800 Strike. Index closed near 22965 level. Index has resistance near 23000 - 23050 level and if index crosses and sustain...
NSE:BANKNIFTY Highest Call writing of 24.43 Lakh at 50000 strike followed by 18.48 Lakh at 49000 strike and 13.59 Lakh at 49500 strike. Highest Put writing of 29.87 Lakh at 48000 strike followed by 14.99 Lakh at 48500 strike and 13.91 Lakh at 47500 strike. Index closed near 48765 level. Index is facing resistance near 49000 level and if crosses and sustain...
NSE:CNXFINANCE Maximum Call writing near CMP is at 22100 strike with 7.29 Lakh followed by 6.59L Lakh Call at 22000 Strike and 5.72 Lakh at 21800 strike. Maximum Put writing is at 7.21 Lakh at 21300 strike followed by 6.43 Lakh Put writing at 21500 strike and 5.88 Lakh at 21400 strike. Index closed near 21730 level. Index has strong resistance near 21800 level...
NSE:NIFTY_MID_SELECT Maximum Call writing of 7.75 Lakh is at 11650 strike followed by 6.87 Lakh at 11400 Strike and 6.66 Lakh at 11500 strike and Put writing of 16.68 Lakh at 11300 Strike followed by 7.53 Lakh at 11400 Strike and 6.94 Lakh at 11200 strike. Index is closed near 11420 level. Index has resistance near 11470 - 11500 level and if index crosses and...
Recent developments in the US oil market have sparked optimism among analysts, as prices appear to be finding solid support on a macro trendline when viewed on a weekly timeframe. This suggests that after a period of volatility, oil might be gearing up for upmove.It might check the levels to upside from here with targets of 80,82,84 above.
In the Weekly Chart of YESBANK , we can see that, it is at very crucial point. All possible momentums are shown in chart. Trade with SL.
In the Weekly Chart of RAJESHEXPO , we can see that, it has formed a Second inside candle. Also it is a Decision making candle. Take a small trade by Entering on breaking Candle's High with Low as SL.
In the Weekly Chart of IPL , we can see that, it has shown a strong bounce back. momentum shall continue. Expected momentum is shown in chart.
In the Weekly Chart of GAEL , we can see that, it is at decision making point. Enter on breaking Candle's with Low as SL. Possible momentum is shown in chart.
In the Weekly Chart of ICICIPRULI , we can see that, it is at decision making point. Possible momentums are shown in chart.
In the Weekly Chart of HDFCLIFE , we can see that, after strong selling, it is trying to show up move with W Shape recovery. Enter on breaking Candle's with Low as SL.
In the Weekly Chart of ZUARI , we can see that, it is at decision making point. Take a small trade and enter at 180 with 171 as SL and go long. Expected momentum is shown in chart.
In the Weekly Chart of PARAS , we can see that, it has given breakout. Let it retest and then enter with SL and target.
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...