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Support and Resistance

Finnifty - Oct 1Price is consolidating after giving good fall. Sustaining above the current level is important to be bullish. Buy above 24720 with the stop loss of 24680 for the targets 24760, 24800, 24840 and 24880. Sell below 24640 with the stop loss of 24680 for the targets 24600, 24560, 24520, 24480 and 24400. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
NSE:FINNIFTY1!
by vanathi
EURCAD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD EURCAD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
Long
by tradergyan01
SAIL 1DSwing Trading Setup for SAIL 1. Support and Resistance Zones: Support Zone: ₹127 - ₹132 (highlighted in the Gray box in the image). Resistance Levels: ₹144 (nearest resistance where the price is reacting now). ₹155 (next major resistance level). ₹176 (long-term resistance). 2. Current Price Action: The price is currently trading near the ₹141 level, facing resistance around ₹144 after a recent breakout from the ₹137.71 area. 3. Setup Logic: Entry: Look for a pullback to the ₹137.71 level or a breakout above the ₹144 resistance. If the price pulls back, wait for a bullish reversal signal around ₹137.71 before entering. Alternatively, if the price breaks above ₹144 with strong momentum, consider entering on the breakout with volume confirmation. Stop Loss: For a pullback entry, place the stop loss below ₹136 to give the trade some room. For a breakout trade, place the stop loss slightly below the ₹144 resistance (around ₹142) Take Profit: The first target can be set at the ₹155 resistance. The second target could be ₹174-₹176 for a longer-term swing. Risk-to-Reward: Ensure at least a 1:2 or 1:3 risk-to-reward ratio. If entering near ₹137 with a stop loss at ₹136 and a first target at ₹155, you would aim for a reward of ₹18 while risking ₹1 (R of 1:18). 4. Additional Confirmation: Use an oscillator like RSI or Stochastic to check for overbought/oversold conditions. Volume spike during the breakout or at the support level will add confirmation to the setup. Summary: Entry: Around ₹137.71 on a pullback or above ₹144 on a breakout. Stop Loss: ₹136 (for pullback), ₹142 (for breakout). Targets: ₹155 and ₹174-₹176. Risk Management: Use at least a 1:2 risk-to-reward ratio.
NSE:SAILLong
by vinitsugandh
Godrej Agrovet - Flag Pattern!!Godrej Agrovet has given a breakout of its 2018 price and has not retesting the same. It has created a flag pattern and a breakout of same can give a massive 65% return. Other factors: 1. 2018 price breakout and retesting - strong set-up 2. Flag pattern on DTF 3. Largest palm oil plantation in India with 75000 hectares and by 2027 to increase to 100k hectares 4. Recent custom duty increase on import of palm oil will benefit Godrej Agrovet 5. Contracts with Nestle & Pepsi for purchase of palm oil 6. Best TTM results Stock may consolidate and a breakout will take the price to our TPs. Keep following @cleaneasycharts as we provide Right Stock at Right Time at Right Price!! Cheers!!
Editors' picks
NSE:GODREJAGROLong
by Cleaneasycharts
6
BankNifty Intraday Support & Resistance Levels for 01.10.2024On Monday, BankNifty opened with a gap down and, under selling pressure, broke the 30-minute demand zone, closing within the 125-minute demand zone mentioned in the previous post. If BankNifty breaks below 52,847 with volume and sustains, we could see further downside towards 52,285. BankNifty closed at 52,978.1, losing 856 points from the previous close. The Weekly and Daily Trends (50 SMA) remain positive. Demand/Support Zones: Near Demand/Support Zone (125 min): 52,847.90 - 53,136.10 (current price inside the zone) Far Demand/Support Zone (Daily): 51,643.95 - 52,484.60 Far Demand/Support Zone (Daily): 50,369.40 - 51,420.15 Supply/Resistance Zones: Near Supply/Resistance Zone (75 min): 53,763.20 - 53,945.10 Far Supply/Resistance Zone (75 min): 54,152.50 - 54,338.70
NSE:BANKNIFTY
by PriteshPal
Nifty Intraday Support & Resistance Levels for 01.10.2024On Monday, Nifty opened gap down and continued to face selling pressure, breaking the 75-minute support zones mentioned in the previous post. It closed at 25,810.80, losing 368 points from the previous close. Both the Weekly and Daily Trends (50 SMA) have turned from overbought to positive. Demand/Support Zones: Near Demand/Support Zone (Daily): 25,285.55 - 25,611.95 Near Demand/Support Zone (125 min): 25,376.05 - 25,453.70 Far Demand/Support Zone (Daily): 24,753.15 - 25,130.50 Supply/Resistance Zones: Near Supply/Resistance Zone (30 min): 25,943.15 - 25,995.00 Far Supply/Resistance Zone (125 min): 26,151.40 - 26,230.80
NSE:NIFTY
by PriteshPal
Banknifty analysis for weekly expiry 01/10/2024.Banknifty weekly expiry can be seen taking market towards another round number figure of 52500 levels. There was a good bearish movement on the daily charts, market closed 850 points lower. Chance of a follow through can be seen as both the index are moving in tandem. Watch banknifty breaching 52780 levels as there will be double support break down. Major levels to look for tomorrow :- 53060, 52780, 52625 Wait for the price action near the levels before entering the markets.
NSE:BANKNIFTY
by Mambotrade
#BOMDYEING Prepping for a Darvas box Breakout!🚀 Stock Alert: #BOMDYEING Prepping for a Darvas box Breakout! 🚀 📈 Pre-Breakout Entry: Today's session showed a strong candle with huge volume build-up, even as the entire market traded in the red. This signals that #BOMDYEING is getting ready for a Darvas breakout. The momentum is building, and it's the perfect time to enter before the bull run kicks off, staying ahead of retail users. It's shaping up to be a strong candidate for a swing trade. 🔥 💡 Don’t miss out on this opportunity to capture the bull run early! 👀 Target: 260-280 Stop Loss: 213 Trade Risk Free Exit (20-30%): 236 R/R Ratio: 3/4 📢 Disclaimer: This post is for educational purposes only. Always do your own research before making any investment decisions. 💼 #StockMarket #Trading #DarvasBreakout #BullishMomentum #InvestSmart
NSE:BOMDYEINGLong
by nemi-chand
DEEPAKNTR 1HRINTRADAY TRADE - EARN WITH ME DAILY 10K-20K – DEEPAK NITRITE Looking good for Downside.. When it break level 2907 and sustain.. it will go Downside... SELL @ 2907 Target 1st 2877 2nd 2859 FNO DEEPAKNTR OCT FUT – LOT 6 (Qty-1800) DEEPAKNTR OCT 2950 PE – LOT 6 (Qty-1800) – PRICE (104.85) Enjoy trading traders.. Keep add this STOCK in your watch list.. Big Investor are welcome.. Like this Post??? Hit like button..!!! Follow me for FREE Educational Post and Alert..
NSE:DEEPAKNTRShort
by Prashant019
FinNifty levels - Oct 01, 2024FinNifty 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 in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We hope you find this information beneficial in your trading endeavors. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you success in your trading activities!
NSE:CNXFINANCE
by sacxe
Nifty Intraday Analysis for 30th September 2024NSE:NIFTY Index closed near 26180 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 26500 Strike – 43.10 Lakh 26200 Strike – 42.25 Lakh 26300 Strike – 39.53 Lakh Put Writing 26000 Strike – 62.95 Lakh 26200 Strike – 38.46 Lakh 25500 Strike – 34.98 Lakh Index has resistance near 26250 – 26300 range and if index crosses and sustains above 26300 level then may reach near 26450 - 26500 range. Index has immediate support near 26000 – 25900 range and if this support is broken then index may tank near 25700 – 25600 range.
NSE:NIFTYLong
by RKMAURYA
Banknifty Intraday Analysis for 30th September 2024NSE:BANKNIFTY Index closed near 53835 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 54000 Strike – 27.72 Lakh 54500 Strike – 27.10 Lakh 54200 Strike – 25.55 Lakh Put Writing 54000 Strike – 23.53 Lakh 53500 Strike – 14.05 Lakh 53000 Strike – 13.85 Lakh Index has resistance near 54400 – 54500 range and if index crosses and sustains above 54500 level then may reach near 55000 – 55100 range. Index has immediate support near 53600 – 53500 range and if this support is broken then index may tank near 53000 - 52900 range.
NSE:BANKNIFTYLong
by RKMAURYA
Nifty levels - Oct 01, 2024Nifty 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 in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We hope you find this information beneficial in your trading endeavors. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you success in your trading activities!
NSE:NIFTY
by sacxe
Finnifty Intraday Analysis for 30th September 2024NSE:CNXFINANCE Index closed near 24910 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 25500 Strike –11.45 Lakh 25000 Strike – 9.22 Lakh 25100 Strike – 8.04 Lakh Put Writing 25000 Strike – 6.32 Lakh 24500 Strike – 6.03 Lakh 24900 Strike – 4.83 Lakh Index has resistance near 25100 - 25200 range and if index crosses and sustains above 25250 level then may reach near 25400 - 25450 range. Index has immediate support near 25800 – 24700 range and if this support is broken then index may tank near 24550 – 24500 range.
NSE:CNXFINANCELong
by RKMAURYA
BankNifty levels - Oct 01, 2024Utilizing 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 levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe