as we can see NIFTY moved strong after breaking inverted head and shoulders pattern as analysed in our previous post and has also closed strong. now following the global cues, we can expect NIFTY to open weak but as long as we are above 22525 mark every dip is a buying opportunity so plan your trades accordingly.
If you are a pattern breakout trader, you will definitely love this idea! Supriya life science has given a good breakout from inverted head and shoulders pattern and is looking strong for a reversal. Stock can test ATH levels soon and might give bigger targets in future. Stock should give weekly closing above 400 for confirmation. Safe traders must wait for...
Stock i si n downtrend when other cements are trading at close to 52 week high areas , this stock i s heading downside. AS long as its trading below 2100-2110 it can head further lower towards 1870-1850 zones the setup seems bearish
Trying to sustain above 650 we can put a stop loss @645 and target 760 Duration 30-45 days
NSE:NIFTY Highest Call writing of 130.29 Lakh at 22500 Strike followed by 98.77 Lakh at 22700 Strike and 93.03 Lakh at 22600 strike. Maximum Put writing of 98.82 Lakh at 22000 Strike followed by 90.30 Lakh at 22300 strike and 89.84 Lakh at 22400 Strike. Index may face resistance near 22500 - 22525 and go upto 22600 level if sustain above 22550 level. Index...
NSE:BANKNIFTY Highest Call writing of 11.10 Lakh at 48500 strike followed by 9.37 Lakh at 48000 and 7.66 Lakh at 49000 strike. Highest Put writing of 12.99 Lakh at 48000 strike followed by 8.21 Lakh at 48200 strike and 5.53 Lakh at 47500 strike. Index may face resistance near 48500 - 48650 level and and go upto 49000 is sustain above 48650 level. Index has...
NSE:CNXFINANCE Maximum Call writing is at 22000 strike with 7.67 Lakh followed by 5.83 Lakh Call at 21700 Strike and 4.96 Lakh at 21600 strike. Maximum Put writing is at 4.29 Lakh at 20700 strike followed by 4.25 Lakh Put writing at 21100 strike and 3.83 Lakh at 21400 strike. Index may face resistance near 21700 level and go upto 21800 level if sustain above...
NSE:NIFTY_MID_SELECT Maximum Call writing buildup of 9.22 Lakh is at 10800 strike followed by 8.89 Lakh at 11100 Strike and 5.35 Lakh at 10900 strike and Put writing of 8.58 Lakh at 10800 Strike followed by 5.89 Lakh at 10700 Strike. Index is closed near 10835 level. Index may face resistance near 10880 - 10900 level and go near 10950 level if sustain above...
Gold on daily chart price is trading at 71160 level. Having a strong support at 70600, On the upside 71800 will be a resistance zone.
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...
BankNifty Support and Resistance levels to trade on friday are Support is 47000-46950 area look for breakdown or rejection here down side targets will be 46800,46650,46600. if support got held reversal can play till targeting 47400 area Resistance is 47350 to 47400 area look for breakout or rejection here higher side target will be 47550,47600,47750,47800 and...
Trend is bearish trading below daily 50 EMA and infosys ADR trading 5 percent down after company posted Q4 earnings that can effect on nifty pushing to more downside. Still we follow support and resistance levels to trade on friday. Support are 21950 if sustains below short targets of 21900,21850,21800,21750 Resistance are 22080 if sustains above long targets of...
NSE:NIFTY Highest Call writing of 94.70 Lakh at 22400 Strike followed by 93.57 Lakh at 22500 Strike. Maximum Put writing of 92.38 Lakh at 22000 Strike followed by 75.46 Lakh at 22100 Strike. Index may face resistance near 22500 - 22525 and go upto 22750 level if sustain above 22550 level. Index has strong support near 22200 - 22100 level and less likely to...
NSE:BANKNIFTY Highest Call writing of 40.95 Lakh at 48000 strike followed by 36.69 Lakh at 48500. Highest Put writing of 29.30 Lakh at 48000 strike followed by 28.38 Lakh at 47000 strike and 23.84 Lakh at 47500 strike. Index may face resistance near 48650 level and and go upto 49000 is sustain above 48650 level. Index has support near 47700 level and less...
NSE:CNXFINANCE Maximum Call writing is at 21800 strike with 2.18 Lakh followed by 1.71 Lakh Call at 21300 Strike and 1.63 Lakh at 21400 strike. Maximum Put writing is at 1.79 Lakh at 20800 strike followed by 1.34 Lakh Put writing at 21300 strike and 1.29 Lakh at 21200 strike. Index may face resistance near 21500 - 21625 level and go upto 21800 level if sustain...
NSE:NIFTY_MID_SELECT Maximum Call writing buildup of 9.29 Lakh is at 10800 strike followed by 5.50 Lakh at 10700 Strike and 5.27 Lakh at 10850 strike and Put writing of 6.48 Lakh at 10700 Strike followed by 5.65 Lakh at 10800 Strike. Index is closed near 10780 level. Index may face resistance near 10800 - 10825 level and go near 10950 level if sustain above...
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...