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...
Page industries has shown double bottom at earlier all time high. This makes it a good candidate for giving 50% return in next 1-2 yrs
Dear traders,daily support and resistance levels for nifty 05/06/2024 Important resistance level R1-22,244.10 Important support levels S1-21,996.45 S2-21,681.70
Huge selling was witnessed yesterday due to election results that did not align with exit polls. A big red candle on the daily chart broke almost all near supports of the last two months, breaking the support trendline and taking support at the daily demand zone of 45,661 - 46,330 (which was already tested once in the past). Support Levels: Near Minor Support...
Huge selling was witnessed yesterday due to election results that did not align with exit polls. A big red candle on the daily chart broke almost all near supports of the last four months, breaking the channel and taking support at the daily demand zone of 21,137 - 21,459. Support Levels: Near Small Support (Daily): 21,137 - 21,459 Far Support (Daily): 20,769 -...
💎 Paradisers, #WIFUSDT has broken out of a falling wedge pattern and has now formed a 'W' pattern, which increases the probability of a bullish move. 💎 If #WIF closes a candle above the resistance zone, it will validate the 'W' pattern, and we can expect a bullish move. 💎 In the case of a pullback, we can anticipate a bounce from the demand zone, but for...
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...
NSE:NIFTY Highest Call writing near CMP is at 24000 Strike of 100.01 Lakh followed by 72.34 Lakh at 23500 Strike and 45.67 Lakh at 23000 strike. Maximum Put writing of 42.36 Lakh at 22500 Strike followed by 42.50 Lakh at 22000 strike 42.50 Lakh at 23000 Strike. Index closed near 23265 level. Volatility will be high due to General Election result on 4th...
NSE:BANKNIFTY Highest Call writing near CMP is at 52000 strike of 20.09 Lakh followed by 19.21 Lakh at 51000 strike and 13.62 Lakh at 51500 strike. Highest Put writing of 14.13 Lakh at 49000 strike followed by 14.00 Lakh at 50000 strike and 8.72 Lakh at 50500 strike. Index closed near 50980 level. Volatility will be high due to General Election result on 4th...
NSE:CNXFINANCE Maximum Call writing near CMP is at 23000 strike with 19.92 Lakh followed by 10.02 Lakh Call at 22500 Strike and 7.51 Lakh at 22600 strike. Maximum Put writing is at 9.81 Lakh at 22000 strike followed by 8.23 Lakh Put writing at 22500 strike and 4.73 Lakh at 22400 strike. Index closed near 22595 level. Volatility will be high due to General...
NSE:NIFTY_MID_SELECT Maximum Call writing near CMP is at 13000 strike with 2.65 Lakh followed by 2.40 Lakh at 11700 Strike and 2.10L Lakh at 12000 strike and Put writing of 2.79 Lakh at 11700 Strike followed by 1.85 Lakh at 11000 Strike and 1.12 Lakh at 11200 strike. Index is closed near 11725 level. Volatility will be high due to General Election result on 4th...
SWING TRADE - EARN WITH ME DAILY 10K-20K – BHARAT FORGE Looking good for Downside.. When it break level 1554 and sustain.. it will go Downside... SELL @ 1554 Target 1st 1532 2ND 1514 BHARATFORGE JUN FUT – LOT 6 (Qty-3000) MINIMUM 10L CAPITAL Enjoy trading traders.. Keep add this STOCK in your watch list.. Big Investor are welcome..
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...
NIFTY50 ANALYSIS NIFTY 50 IS READY TO GO DOWNSIDE.. INDIAVIX IS VERY HIGH.. NEW BEGINNER TRADER SEE MOVEMENT FOR YOUR EXPERIENCE … When it break level 22418 and sustain.. it will go DOWNSIDE.. TARGET – 1ST- 21814 2ND – 21220 Enjoy trading traders.. Keep add this STOCK in your watch list.. Investor are welcome..
Dear traders,important support and resistance level for mcx crude - 04/06/2024 Note; 6000 is big round number support.
Price broke the resistance level but not able to sustain above the levels. Closed below the levels can expect a down side.