AU Small Finance Bank Limited is engaged in providing a range of banking and financial services including retail banking, wholesale banking, treasury operations and other services. CMP - 565 AUBANK is currently trading in a support zone & looking good for long term investing perspective. I am allocating my investment allocation at CMP. Targets I'm expecting are...
For today, the support and resistance levels for BankNifty are crucial to watch: Support Levels: Near Support Zone (75m): 48,216 - 48,410 (remains the same) Far Support: 48,017 (61.8% FIBO level of the last swing) Resistance Levels: Near Resistance Zones (30m): 49,043 - 49,187 and 49,186 - 49,320 Far Resistance Zone (75m): 49,502 - 49,689
Yesterday, Nifty took support at the near support zone mentioned in the last post and bounced in the first 30 minutes. However, it did not sustain and fell, closing 183 points down by the end. Support Levels: Nearest Support Zone (Daily): 22,483 - 22,630 Far Support: 22,313 (61.8% FIBO level of the last swing) Resistance Levels: Nearest Resistance Zone (30m):...
As we can see BANKNIFTY has finally reached our demand zone which has been discussed previous day! If BANKNIFTY manages to take support here then we may see a strong REVERSAL else any closing below this zone may lead to the fall till 47500 so plan your trades accordingly
Nifty remained in negative trend in today's session & closed near 22700 level Market continued with its correction phase for another session Investors seek to book profit in Mixed Global cues & ahead of imp US PCE Core data. A Bearish candle is formed on daily chart The imp upside hurdle is placed around 22850/900 level whereas downside support is around 22600...
NSE:NIFTY Highest Call writing near CMP is at 23000 Strike of 93.53 Lakh followed by 64.68 Lakh at 23100 Strike and 61.19 Lakh at 23200 strike. Maximum Put writing of 68.86 Lakh at 22500 Strike followed by 67.62 Lakh at 23000 strike 54.27 Lakh at 22700 Strike. Index closed near 22890 level. Index has strong resistance near 23000 - 23200 level and if index...
NSE:BANKNIFTY Highest Call writing near CMP is at 50000 strike of 48.29 Lakh followed by 35.78 Lakh at 49500 strike and 25.72 Lakh at 49600 strike. Highest Put writing of 42.04 Lakh at 48000 strike followed by 26.49 Lakh at 49000 strike and 19.13 Lakh at 48500 strike. Index closed near 49140 level. Index has resistance near 49500 - 49600 level and if crosses...
NSE:CNXFINANCE Maximum Call writing near CMP is at 22000 strike with 1.37 Lakh followed by 0.31 Lakh Call at 22500 Strike and 0.18 Lakh at 22100 strike. Maximum Put writing is at 1.31 Lakh at 22000 strike followed by 0.54 Lakh Put writing at 21500 strike and 0.18 Lakh at 21800 strike. Index closed near 21980 level. Index has resistance near 22000 - 22050 level...
NSE:NIFTY_MID_SELECT Maximum Call writing near CMP is at 11600 strike with 5.16 Lakh followed by 4.07 Lakh at 11700 Strike and 1.79 Lakh at 11800 strike and Put writing of 5.95 Lakh at 11600 Strike followed by 2.51 Lakh at 11700 Strike and 2.15 Lakh at 11500 strike. Index is closed near 11580 level. Index has resistance near 11625 level and if index crosses...
MGL is a PSU stock in gas distribution. Stock had given good move after multiyear ATH breakout and is currently retesting the breakout. A safe stock for long term investors available at reasonable valuations.(Not a recommendation) The only risk with gas distribution stocks are margins are dependant on crude oil prices.
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...
Bitcoin Market Analysis: A Glimpse into the Week Ahead Bitcoin's Ascending Path: EMA Strategy Insights As we step into a new trading week, Bitcoin is making headlines once again, hovering at a significant resistance level. Traders and analysts are keenly observing this price action, given its historical context of selling pressure at this zone. However, this...
Yesterday, BankNifty was unable to cross the first 15-minute high, and selling pressure was witnessed, resulting in a loss of 139 points by the close. Support Levels: Near Support Zone (125m): 48,789 - 49,053 Far Support Zone (75m): 48,216 - 48,410 Resistance Levels: Near Resistance Zone (75m): 49,502 - 49,689 Far Resistance Zone (15m): 49,818 - 49,975
Nifty continues to indicate selling pressure at higher levels due to the 23,000 psychological mark. The support and resistance levels remain the same as mentioned in the last post. Resistance Levels: Nearest Resistance Zone (30m): 23,047 - 23,111 Support Levels: Nearest Support Zone (15m): 22,744 - 22,769 Far Support Zone (15m): 22,577 - 22,623
BANKNIFTY can be seen getting rejected from the median and next eminent support can be seen around the gap which can be filled and acted as a support for new upmove for new ATH so plan your trades accordingly
NSE:NIFTY Highest Call writing near CMP is at 23000 Strike of 65.34 Lakh followed by 53.13 Lakh at 23200 Strike and 50.30 Lakh at 23100 strike. Maximum Put writing of 72.97 Lakh at 23000 Strike followed by 51.30 Lakh at 22700 strike 47.72 Lakh at 22800 Strike. Index closed near 22930 level. Index has strong resistance near 23000 - 23200 level and if index...
NSE:BANKNIFTY Highest Call writing near CMP is at 50000 strike of 36.40 Lakh followed by 23.89 Lakh at 49500 strike and 16.21 Lakh at 50500 strike. Highest Put writing of 36.60 Lakh at 48000 strike followed by 24.44 Lakh at 49000 strike and 18.35 Lakh at 48500 strike. Index closed near 49280 level. Index is may reach near 50000 level and if crosses and sustain...