In the Weekly Chart of BEPL , we can see that, after breakdown, it bounced back from 85 level. Expected momentum is shown in chart.
For education purposes only. Breakout happens with the good upside move. This can fall to the mentioned level and can be bought at the mentioned level for the target of 7250.
NSE:GRASIM Stock closed above ATH on 28th March 2024. If drawing Fibonacci Extension taken into account of recent High and Low then the 1.618 Fibonacci Extension level comes near 2358 level. Long Position may be initiated at CMP with Trailing SL 2240 for 1st target near 2358 and 2nd target at 2.618 Fibonacci extension level near 2500.
NSE:EICHERMOT Stock is near support level of 4200 level. Long may be initiated with Trailing Stop Loss near 4135 level. Daily close above 4320 may lead to stock to 1.618 Fibonacci extension level near 4595 level.
Go Long above 93.95 for Targets of 105.65, and 125.15 with SL 90.05 Reasons to go Long: 1. On a weekly timeframe if we draw the Fibonacci retracement tool from the swing low (point A) to the swing high (point B) then we see stock took support from the 0.382 Fibonacci level. 2. Also a bullish candlestick pattern Bullish Engulfing (marked with orange color) is...
Go Long @ 6195.1.1 for Targets of 7060, 7550, and 8040 with SL 5700 Reasons to go Long : 1. On a Monthly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.5 Fibonacci level. 2. In addition to this a bullish candlestick pattern Bullish Hammer...
In the Weekly Chart of IOLCP , we can see that, after breakdown, it has done consolidation. Also, Decision making candle is formed . Enter on breaking of Candle's High with Low as SL. Possible momentums are shown in chart.
In the Weekly Chart of BAJAJCON , we can see that, it has given trendline breakout. Possible momentums are shown in chart.
In the Weekly Chart of DELTACORP , we can see that, after the breakdown, it is trying to recover. Inside & Hammer candle is formed. Enter on breaking its high with low as SL.
In the Weekly Chart of NAZARA , we can see that, after the breakdown from support it has now formed a Hammer candle. Expected momentums are shown in chart.
In the Weekly Chart of LTIM , we can see that, after applying FIBO, it is on last support level. We can see a W shape recovery in this. Above 4800 it will be bullish. Expected momentum is shown in chart.
In the Weekly Chart of COFORGE , we can see that; after Inverted Head and Shoulder breakout, it did not sustain and we saw a downfall. Let it form a Hammer or W shape recovery on Trendline of Cup & Handle. 4400 can be a reversal point.
NSE:NIFTY Highest Call writing of 34.12 Lakh at 22700 Strike followed by 33.96 Lakh at 23000 Strike and 29.66 Lakh at 23200 strike. Maximum Put writing of 28.43 Lakh at 22700 Strike followed by 27.70 Lakh at 22500 strike and 26.59 Lakh at 22600 Strike. Index closed near 22650 level. Index has resistance near 22700 – 22725 level and if this resistance is broken...
NSE:BANKNIFTY Highest Call writing of 27.28 Lakh at 49500 strike followed by 25.38 Lakh at 50000 strike. Highest Put writing of 20.68 Lakh at 49000 strike followed by 16.79 Lakh at 49500 strike. Index closed near 49230 level. Index may face resistance near 49500 level and if 49600 level is broken then index may reach near 50000 level. Index has support near...
NSE:CNXFINANCE Maximum Call writing is at 22500 strike with 7.08 Lakh followed by 6.99 Lakh Call at 22200 Strike and 6.77 Lakh at 22400 strike. Maximum Put writing is at 10.29 Lakh at 21300 strike followed by 8.65 Lakh Put writing at 21000 strike and 6.12 Lakh at 21900 strike. Index closed near 21870 level. Index may reach near 22200 level if cross 22070 level...
NSE:NIFTY_MID_SELECT Maximum Call writing of 13.22 Lakh is at 11500 strike followed by 13.04 Lakh at 11200 Strike and 11.13 Lakh at 11100 strike and Put writing of 16.77 Lakh at 11100 Strike followed by 11.79 Lakh at 11000 Strike and 7.36 Lakh at 10900 strike. Index is closed near 11130 level. Index may face resistance near 11200 level and if this resistance...
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...
NSE:BAJAJCON Very good volumes seen after the Earnings. Resistance zone 260-265. RSI > 70 on Daily 300-310 next Resistance zone.