After yesterday's GAP UP opening and high closing, the last Friday's high-low range will serve as a good support if we see a correction from high levels. Support Levels: Near Support Zone (Daily): 48,569 - 49,123 Further Support Zone (Daily): 47,435 - 48,260
GIFTNIFTY is trading flat at 23,446 as of 8:35 AM. After yesterday's GAP UP opening and high closing, the last Friday's high-low range will serve as a good support if we see a correction from high levels. Support Levels: Near Support (Daily): 22,417 - 22,568 Far Support Zone (75m): 21,821 - 22,041
As we can see NIFTY rallied and opened very strong as analysed in our previous post. Also it got rejected from our exact TRENDLINE resistance. Since this rally is more like influenced by the ongoing election results and not from fundamental improvement hence it is expected to last short. We can expect another upmove which could be a possible trap which NIFTY...
NSE:NIFTY Highest Call writing near CMP is at 23000 Strike of 65.77 Lakh followed by 25.17 Lakh at 22500 Strike and 21.50 Lakh at 22600 strike. Maximum Put writing of 32.16 Lakh at 22000 Strike followed by 29.96 Lakh at 22500 strike 25.62 Lakh at 21500 Strike. Index closed near 22530 level. Volatility will be high due to exit poll outcome and General Election...
NSE:BANKNIFTY Highest Call writing near CMP is at 50000 strike of 19.93 Lakh followed by 11.33 Lakh at 49000 strike and 4.69 Lakh at 49500 strike. Highest Put writing of 11.74 Lakh at 48500 strike followed by 9.60 Lakh at 49000 strike and 8.81 Lakh at 48000 strike. Index closed near 48980 level. Volatility will be high due to exit poll outcome and General...
NSE:CNXFINANCE Maximum Call writing near CMP is at 22000 strike with 5.41 Lakh followed by 4.64 Lakh Call at 22500 Strike and 2.84 Lakh at 21700 strike. Maximum Put writing is at 2.31 Lakh at 21600 strike followed by 2.10 Lakh Put writing at 21700 strike and 1.48 Lakh at 22000 strike. Index closed near 21720 level. Volatility will be high due to exit poll...
NSE:NIFTY_MID_SELECT Maximum Call writing near CMP is at 11500 strike with 12.16 Lakh followed by 10.20 Lakh at 11400 Strike and 8.55 Lakh at 11600 strike and Put writing of 23.70 Lakh at 11000 Strike followed by 7.93 Lakh at 11300 Strike and 7.11 Lakh at 11200 strike. Index is closed near 11360 level. Volatility will be high due to exit poll outcome and General...
TF H4 BOS latest demand shows h4 trend turning to downtrend. H1 Uptrend because of CHOCH Currently price is sideways in supply demand of h1 Entry: Wait for price to return to Supply zone H1 with engulfing candle confirming or confirming entry in M15 then go Long
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):...