### Bank Nifty Support and Resistance Levels (12/01/2024): #### Support Levels: 1. **Support Level 1:** 47,238 2. **Support Level 2:** 47,000 - If the market breaks below 47,000, there could be additional support around 46,950. #### Upside Resistance Levels: 1. **Resistance Level 1:** 47,400 - This level might act as a resistance point, especially if...
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...
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...
Nifty still trading in between previous week range it is finding support on lower levels but resistance getting lower from higher side which means selling pressure is still on higher side. Just play on levels is safe in this kind of market at support and resistances. Suppport are 21580,21460,21420-21440 Resistance are 21650,21725,21780-21800
PROZONER | Channel breakout ahead for doubling - its almost consolidating for the last 3 years CMP : 39 SL : 30 Target : 75 1:4+ risk reward setup
As we can see NIFTY despite showing weakness in the first half, managed to REVERSE exactly from our given level as the gap acted as a great support but on the other hand made the support more weaker hence we cannot confirm NIFTY to be strong unless it breaks the trend line above and sustains else we may see NIFTY getting rejected at trend line and falling...
On 1h TF SNX has rejected $3.1 and strong bounce back to $3.5 now it's returning to test the bottom again So I think this is the chance to join after confirmation SNX can't through this support Wait for next move
wait for retest and after that enter volume is support and 50 ema also support just wait for retest after that enter for target 3800
Colgate-Palm (INDIA) has a Bullish view. Currently it is in cooling period soon takeoff. ✅Monthly timeframe Analysis. ✅Entry- when 1 Day (Bull Candle) closes above the July high and sustain. (Positional) ✅ Targets were on Chart ✅ Follow Risk Reward ✅ Stop Loss will be your support / Retracement Level ✅ Holding period 12-36 MONTHS ✅ Only for Education Purpose!!...
seems a solid support and today nifty has also taken support . can probably buy for a short scalp
BankNifty since 2 days finding sellers on upside every rally been selling off on upper levels, for wednesday 47000-46900 area is crucial support levels previously this 46900 levels tested three times and held , if this 46900 voilates we may see more fall till 46500 to lower side and on upper side one need to look for long above 47450 only if a good 15 min candle...
Any one who interested in adding railway stock can go with this share as because its weekly chart is looking good and breaking out and also previously when railway stocks were making new high compare from other stock or railway sector pe this share share has lowest pe so now its time to invest in this company and make your porfolio green and healthy because you...
Nifty 50 Support and Resistance Levels (11/01/2024): #### Support Levels: 1. **Support Level 1:** 21,600 2. **Support Level 2:** 21,500 These support levels represent crucial areas where Nifty 50 might witness buying interest and potential reversals in case of a decline. #### Upside Resistance Levels: 1. **Resistance Level 1:** 21,700 - This level might act...
Bank Nifty Support and Resistance Levels (11/01/2024) #### Support Levels: 1. **Support Level 1:** 47,203 2. **Support Level 2:** 46,950 - 47,000 - A crucial range for support, particularly if the market experiences a fall below 47,000. #### Upside Resistance Levels: 1. **Resistance Level 1:** 47,400 - This level might act as a resistance point, especially...
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...
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...
"Spotting Opportunity: OLECTRA's Healthy Consolidation Signals a Rounding Bottom Breakout" For the past six months, our attention has been firmly on OLECTRA, and finally, a promising opportunity is unfolding. Amid a healthy consolidation marked by a rounding bottom, today signifies a pivotal moment. Both the weekly and daily charts for OLECTRA showcase a...