We could see a massive profit booking in Nifty yesterday. I was not active for a few days and will also not be very active in options. However, I'll be there in cash markets. Today, we see record volumes with vix almost 14.5, making it perfect for buying and selling. I've marked the levels where I'll go long or short. For now, I'm neutral in the market and have...
METROPOLIS now 1715 Can see good move once break 1790-1800 can do 2570-3500++ Weekly breakout soon once close above 1790
After breaking down major support and it didn't reach its final demand zone it came back from minor support and now its at resistance area. It will go down to test its major support zone. It could be a really good short trade
📈 Unlocking Potential: NSE:BANKNIFTY Breaks Resistance, Long Position Targets All-Time High! 🚀💼 In a significant development, NSE:BANKNIFTY has successfully shattered a key resistance level, marking a pivotal moment in its chart dynamics. This breakthrough signals an opportune time for traders to consider initiating a long position. **Why Consider a Long...
Maruti Cmp 10380 dated 13-12-2023 1. Hammer Candle @ support 2. Good RRR Buy above 10415 target 10500-10600-10700-10800 SL 10250 It is just a view, please trade at your own risk.
We have a cup formation and hype here. Red lines are daily resistance levels. Green one is SHORT THERM target. I may sell half of my bag at first target and then i wanna see how far it can rise. Good Luck!
*Nifty 50 Support and Resistance Levels:** **Support Levels:** 1. 21075 2. 21000 3. 20900 4. 20850 - **Resistance Levels:** 1. 21150 2. 21300 3. 21400 **Analysis:** - The support levels at 21075, 21000, 20900, and 20850 are crucial for monitoring potential downside movements in Nifty 50. - Resistance levels are identified at 21150, 21300, and...
Bank Nifty Support and Resistance Levels For Dec 21/12/23 **Support Levels:** 1. 47200 2. 46950 3. 46736 **Resistance Levels:** - If the market opens gapdown, then 47200 is identified as initial support. - Additional resistance levels are mentioned at 47400 and 47600. **Analysis:** - The support levels at 47200, 46950, and 46736 are critical for...
On weekly chart It has touched the same high previous week (15/12/23) and crossed the same today (20/12/23) and afterwards selling... Hypothesis If it crosses 5300/- then BO confirmation will happen.. Entry >5300/- Target 6060 SL 4920
Dixon Tech is giving the BO on Weekly chart.. ATH ADX positive DMI+ in right direction RSI also is buying territory In this situation stock can be entered with the previous candle Stop SLT - 5875 Entry 6400 Trail the SLT..
CRUDEOIL at the verge of a breakout after traders booked profits from equity. It is supposed to pump money in commodity market. Other Technical Reasons: 1) Taken support 2) Crossed 20 EMA 3) Good Volume Support 4) About to form ‘Three white soldiers’ pattern
Market break the lower channel and closed below 47750 is show that the market may give some health correction in coming day till 46300 we have some gaps to fill..
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 resistnace levels currently trading in a rectangle pattern until breakout of this range happens it will trade in this area only better to trade edges of highs and lows for more probability entries. Look out for Breakout or Breakdown of rectanglar pattern also with price action take trade that side. Supports are 47800,47580 areas. Resistance...
Midcap index. We are at first support. We have two more support levels. Next few days are crucial.
NSE: HATSUN is closing with a bullish swing reversal 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 8% to 12% gain on...
buy range 505-515, target 7 to 18% upside from cmp keep sl 485 on day close basis