Banknifty is in process of making a head and shoulder pattern price rejected from 47400 area if continues and breaks the support of 46950 area it will again test the lowerside levels of 46000 to 45800 about 1250 points.And to otherside of view if 47400 failed to hold and price sustains above upperside it will look to test 48000 and further up. keep checking...
#Banknifty spot -Positional call 04.04.2024 Looks good above 48260 Closing Stoploss 47200 Tgt 49400/50800 Cmp 48060
NSE:NIFTY_MID_SELECT Maximum Call writing buildup of 11.36 Lakh is at 10800 strike followed by 6.66 Lakh at 10700 Strike and Put writing of 12.55 Lakh at 10700 Strike followed by 10.30 Lakh at 10800 Strike. Index is closed above support level of 10800. Index is expected to trade between 10700 - 10880 level with resistance near 10800 level. If Index is...
NSE:CNXFINANCE Maximum Call and Put writing is at 21200 strike with 3.79 Lakh Call and 4.74 Lakh Put. Second Highest Call writing of 3.68 Lakh at 21300 Strike and Put writing of 3.88 Lakh at 21000 Strike. Index is expected to trade in the range between 21070 - 21330 range. Contra trade may be initiated when index mode in either support or resistance...
NSE:BANKNIFTY Highest Call writing at 48000 strike with 11.46 Lakh Contract and Put writing at 47500 strike with 14.40 Lakh. 2nd highest Call writing of 9.71 Lakh at 47500 Strike and Put writing of 7.54 Lakh at 47000 strike. If Index crosses 47750 and sustain then it may go near 48000 level. Trailing SL near 47650 If Index down below 47400 then index may go...
NSE:NIFTY Highest Call writing building up at 22500 strike with 131.52 Lakh and highest Put writing at 22100 strike with 90.30 Lakh. Index is unlikely to cross above 22525 level in the current weekly expiry and trade between 22300 - 22525 range. Contra short position may be initiated if Index reaches near 22525 level and Call writing increases at 22500...
Good triangle seen in silver. Breakout target is close to earlier resistance. Good 30% upside expected.
BSE breaking f BSE breaking f&p pattern #weekly basis good volume building up with strong rsi EDUCATIONAL IDEA
Asian Pains is at support of trendline near 2800 on a monthly time frame and having resistance at around 3400. RSI is around 45. Bullish divergence is formed on chart. Fundamentals of company: ROCE - 34.37 ROE - 27.74 PE / Industry PE - 51.32 / 46.21 Company is fundamentally strong and can accumulate for long term. Disclaimer : This is for education purpose...
Banknifty has given a hammer candle around the higher levels after a gap up opening above 48k levels. The index came for profit booking after a good gap up and closed round 48k levels. Now the market is around the last resistance zone of 48300 and then there is the ATH. After a 3 day consolidation there was a gap up and it took the opportunity of making money...
Price retraced 61.8% (i.e. 215 INR) from it's current low. On a montly basis stock down -17.46%; and on weekly basis it is up 9.71%. Today stock down 2.47% There is a opportunity to short this stock on the basis of price action.
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...
NSE: DEEPAKNTR is closing with a bullish momentum 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 deployed...
Here you can see that EURNZD BREAKED the stuck zone Plus the the trendline also Plus the strong support If you are a long-term seller You can grab it with a good amount without any risk stay tention free because it's a SURESHOOT There are 3 confirmation 1. Stock zone 2. Trendline 3. Support There are a huge possibility it will fall a lot Just grab it It's...
#ChambalFertiliser cash -Positional call 03.04.2024 Looks good above 380.10 Stoploss 350 Target 430-440 Cmp 374
#BPCL Cash -Positional call 03.04.2024 Looks good above 621.10 Stoploss 595 Tgt 648-650/690 Cmp 611.25
NSE:NIFTY_MID_SELECT Maximum Call writing of 7.72 Lakh is at 10800 strike followed by 6.50 Lakh at 10700 Strike and Put writing of 11..05 Lakh at 10700 Strike followed by 8.51 Lakh at 1600 Strike. Index is closed above support level of 10730. Index is expected to trade between 10700 - 10880 level with resistance near 10800 level. If Index is crossing above...