BNF is trading near the 1hour timeframe support of 47000. As mentioned in my previous analysis, once the ascending channel pattern was broken in 1 day time frame BNF took the support of 47000 zone and reversed. Still BNF is trading between zones of 47000 & 47400. It is to be noted that BNF has fall 2000 points from its ATH in this week. If BNF moves upward...
Som distilleries has retested a strong support zone and has formed strong bullish pattern in weekly time frame. If bullishness continues, we can expect 2x returns from this stock in medium term.
💎 Paradisers, I am expecting that #SKL might trap buyers who entered based on the supportive trendline, given that the short-term trend remains bearish. 💎If #SKLUSDT displays a Change of Character (CHoCH) and Break of Structure (BOS) from the key level, then a bounce could be expected. 💎Should there be a breakdown of this key level without any bullish signals,...
💎 Paradisers, #UNI is exhibiting a bullish market structure & has taken liquidity by breaking below the supportive trendline. 💎 You might have noticed that #UNIUSDT has bounced precisely from the bullish Order Block (OB), indicating that pending orders have been filled at this level. However, for confirmation, we need to see signs of a Change of Character (CHoCH)...
NSE:NIFTY Highest Call writing of 48.27 Lakh at 22300 Strike followed by 46.07 Lakh at 22200 Strike. Maximum Put writing of 70.05 Lakh at 22000 Strike followed by 42.24 Lakh at 21500 Strike. Index may face resistance near 22200 - 22300 and retraces if reaches near that level due to weekend and Israel Iran Tension. Index has strong support near 21990 - 21950...
NSE:BANKNIFTY Highest Call writing of 26.11 Lakh at 48000 strike followed by 17.84 Lakh at 47500. Highest Put writing of 15.12 Lakh at 47000 strike followed by 12.48 Lakh at 47500 strike. Index may face resistance near 47750 - 48000 level and retraces if index reaches in the area due to weekend and Israel Iran war tension Index has support near 47000 level...
💎 Paradisers, #STORJ has demonstrated a Change of Character (CHoCH) indicating a shift towards a bullish market structure. 💎If the #STORJUSDT continues to show CHoCH and a Break of Structure (BOS) from this support point, we can anticipate a bounce. 💎Should there be a breakdown of this support zone without any bullish signals, then a potential bounce from the...
NSE:CNXFINANCE Maximum Call writing is at 21400 strike with 8.06 Lakh followed by 7.38 Lakh Call at 21200 Strike. Maximum Put writing is at 10.66 Lakh at 20500 strike followed by 4.74 Lakh Put writing to nearer strike at 20600. The support level is shifting down to 20500 - 20600. Index may face resistance near 21200 - 21330 level and less likely to cross 21350...
NSE:NIFTY_MID_SELECT Maximum Call writing buildup of 12.82 Lakh is at 11100 strike followed by 9.46 Lakh at 10900 Strike and Put writing of 12.28 Lakh at 10500 Strike followed by 10.66 Lakh at 10700 Strike. Index is closed above support level of 10750. Index may face resistance near 10850 - 10900 level and less likely expected to go beyond 10950 level due to...
NSE:VEDL Vedanta is closed near 341 resistance level. Crossing above 341 may lead stock to near 390 level. Trailing Stop Loss near 315 level. Drawing Fibonacci extension considering recent High near 341 and Low near 207, the 1.618 extension level is around 420 level. Stock is expected to touch 390- 420 level in near term.
NSE:NIFTY_MID_SELECT Maximum Call writing buildup of 9.56 Lakh is at 10800 strike followed by 5.00 Lakh at 10850 Strike and Put writing of 9.66 Lakh at 10800 Strike followed by 6.98 Lakh at 10700 Strike. Index is closed above support level of 10800. Index may face resistance near 10850 - 10900 level and less likely expected to go beyond 10950 level due to...
NSE:CNXFINANCE Maximum Call writing is at 21000 strike with 2.12 Lakh followed by 1.49 Lakh Call at 21500 Strike. Maximum Put writing is at 3.44 Lakh at 21000 strike followed by 1.53 Lakh Put writing to nearer strike at 21000. The support level is shifting down to 21000 - 20800. Index may face resistance near 21330 - 21400 level and less likely to cross 21800...
NSE:BANKNIFTY Highest Call writing of 14.06 Lakh at 48000 strike followed by 9.65 Lakh at 47500. Highest Put writing of 10.88 Lakh at 47500 strike followed by 9.66 Lakh at 47500 strike. Index may face resistance near 47750 - 48000 level and retraces if index reaches in the area due to Israel Iran war tension Index has support near 47500 level and if this...
NSE:NIFTY Highest Call writing of 106.77 Lakh at 22500 Strike followed by 95.51 Lakh at 22700 Strike. Maximum Put writing of 68.69 Lakh at 22000 Strike followed by 60.17 Lakh at 21500 Strike. Index may face resistance near 22430 - 22500 and retraces if reaches near that level. Index has strong support near 21990 level and it is less likely to be broken. if...
💎 Paradisers, #RLC is exhibiting a bullish market structure and might gather liquidity before reaching the bullish Order Block (OB). 💎If #RLCUSDT displays a Change of Character (CHoCH) and Break of Structure (BOS) from the bullish OB, we can anticipate a bounce from that point. 💎Should the bullish OB break down without any CHoCH or BOS, a bounce from the demand...
Industower coming out from long term resistance #target1 400 #target2 485 only after breaking 400 EDUCATIONAL IDEA
Nifty formed a doji cadle on daily time frame an indecisive candle and taking support at 50 EMA on daily front. Immeadiate resistance area is 22200-22250 and Immeadiate support area is 22075-22050. Nifty was in rising channle and rejected on top of the channel chances are it will test the low of channel on thursday or friday then we need reacces the price action...
Looks like total market index is in consolidation zone. Weekly Candlestick showing evening star bearish pattern. RSI(34) is below it's moving average