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...
As we can see NIFTY made another ATH back to back after breaking out of an inverted head and shoulder pattern, we also saw a new ATH for BANKNIFTY as analysed in our previous post. Now BANKNIFTY has formed more like an indecision cancel and NIFTY closed at important zone followed by a rising wedge pattern which is also a bearish pattern hence any break of the...
NSE:NIFTY_MID_SELECT Maximum Call writing buildup of 26.07 Lakh is at 11000 strike followed by 15.90 Lakh at 10900 Strike and Put writing of 39.78 Lakh at 10700 Strike followed by 25.29 Lakh at 10800 Strike. Index is closed above support level of 10800. As the more put writing is building up at 10800 and 10700 strike the support level is shifting up with big...
NSE:CNXFINANCE Maximum Call writing is at 21700 strike with 10.46 Lakh followed by 9.55 Lakh Call at 21800 Strike. Maximum Put writing is at 11.46 Lakh at 21200 strike followed by 11.07 Put writing at 21300 Strike. The support level is shifting above to 21200 - 21300 range. If index crossed above 21630 level and unwinding of Call positions at 10600 and 10700...
NSE:BANKNIFTY Highest Call writing of 22.18 at 48500 strike followed by 19.08 Lakh at 48000. Highest Put writing of 37.54 lakh at 48000 strike followed by 27.22 Lakh at 47500 strike. Fresh Call writing of 17.33 Lakh is building up at 49000 strike. Support is shifting up to near 47700 level. If Index crosses 48640 and sustain then it may go near 49000 level....
NSE:NIFTY Highest Call and Put writing is at 22500 strike with 53.89 Lakh Call and 61.44 Lakh Put. 2nd highest Call writing of 60.59 Lakh at 22800 Strike and Put writing of 53.82 Lakh at 22400 strike. Support level is shifting up near 22300 - 22400 level. Index is closed near 22525 resistance level. If index crossed 22580 level unwinding of Call and / or...
Nifty 50 Technical Analysis - 9th April 2024 ## Market Overview Nifty 50 is exhibiting signs of potential volatility, with clear support and resistance zones identified for potential trading opportunities. Traders should closely monitor key levels for potential breakout or reversal patterns. ### Support Levels **1. Support Levels:** - **22,600:**...
Bank Nifty Technical Analysis - 9th April 2024 ## Market Overview Bank Nifty exhibited a lack of significant support and resistance zones within the current trading range. Traders should exercise caution and closely monitor key levels for potential trading opportunities. ### Support Levels **1. Support Zone:** - **48,443:** Identified as the primary support...
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...
NSE: SOLARA is closing with a bullish momentum candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 9% to 15% gain on deployed...
IRCTC is under progress of Probable W pattern however 770 need to cross
Midcap Index is again approaching towards the ATH. No major Demand zones have formed recently, so we can expect the price to take some support from the EMA's or the Demand zone marked ( 17821- 17677) and move up higher. THIS IS MY PERSONAL ANALYSIS FOR MY PERSONAL TRADING NOT A TIP OR ANY TRADE RECOMMENDATION.
As we can see BANKNIFTY is just couple points away from its ATH mark as we had been analysis since last posts. Now any strong opening will bring up new ATH for BANKNIFTY. Now the question arises whether BANKNIFTY can hold its level or not! If YES which has majority changes as the election is coming and the most obvious news is yet to be factored in, then we can...
Direct Buy and sell on bullish/bearish candle on 26616 and 22316 level, For the level of 22535 and 22548 trade on these level traps with Double candle confirmation. View is clear and market is at its most interesting point.
stock broke out an THF supply now forming a good base at supply a clear up side move might happen. can enter it might give an 1:3 return. not an financial advice just an chart analysis
EASEMYTRIP takes a good support at the rangebound rectangle box. Also now it is above 20 EMA and monthly Pivot. The last day bullish candle with wxcellent momentum indicates an upward movement. CMP 46.40 Support 45 Target 54.40 Risk Reward 5+