Nifty almost touched the 20k levels today and has closed near the high. Market are running higher and Bulls are taking on the sellers making it difficult for the option sellers today. On the hourly charts, the first candle was in red and after that whole day the market rallied upside. The breakout gave a good target and option premium gained more than 200%...
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...
Nifty :: Today price broken the channel and retested...showing bullish momentum towards upside.. if this momentum continues or reversal takes place... what pivot points are suggesting us :: If we see on the Monthly Chart price is broken the R1 with consolidation with a up channel... Resistance R1 is placed @19440 level broken and reach the R2. if we see the next...
NSE:BHARTIARTL is reversing from SMA20 support after 6 days of selling pressure.
The RSI weekly showing uptrend while the price is yet to follow it. So there is an upmove pending. It can reach the downtrend channel top ~8300. If it breaks that downtrend, there is a huge flag and pole pattern with pole length > 8000 Rs. So potential is huge and patience is what is required. Tomorrow (21 July) is the result date - could be a good news on the...
Bank Nifty Actionable Idea #Current Price- 45669 #Resistance- 45721 #Support- 45589 #Target 45807 And 45907 we can expect after a break of Resistance #Target 45477 And 45408 we can expect after a break of Support #Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or...
Nifty Spot Actionable Idea #Current Price- 19833 #Resistance- As such no resistance seems as index is trading on all time high. #Support - 19804 #Target 19760, 19730 And 19702 we can expect after a break of Support #Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or...
Balrampur Chini Cmp 386.40 dated 17-7-2023 1. Small Rectangle BO @ 388 2. Reversed from support Line Buy above 388 for target 395-410-415-425-430 SL 375 It is just a view, please trade at your own risk
The following trading idea shared is for informational purposes only and should not be considered as financial advice or a recommendation to buy, sell, or hold any particular stock. Eclerx is taking support from the previous level and can be bought at CMP while keeping SL at support zone for R:R 1:1.5
Very good consolidation@ 100 levels, charts suggest something is cooking, now our stoploss is very very very low only 1or 2 ₹ , actually it's jackpots Target 120 minimum Stoploss 108 to 110
#Carborundum Unvrl cash -Positional call 19.07.2023 Looks good above 1235 and add more above 1260.10 Stoploss 1160 Tgt 1360-1480 Cmp 1218.35
Dear All, So yesterday was altogether a roller coaster day for the Market, where Nifty opened at 19802.95, then gradually made a low of 19727.45 during the day and then finally gave us a positive closing of 19833.15 However, the formation of a Hanging Man pattern on the Day chart setup is somehow indicating that a little supply pressure can be...
can take less quantity in maruti and can add on dips or better buy when price reaches buy zone maruti is near to previous high .. ,has not given much returns from last two years has come with new lauch of cars but in short term it might take time to reflect so if long term can add on dips or wait for maruti to correct disclaimer- this is not any investment call...
Crude oil price again rejected from 200 ema in 1 Day time frame. In 4h time frame clear formation of double top & falling RSI. Price may retest 6000 level, below 6000 level 5700 may also be possible.
Today market open gap up then it was totally sideways. For option buyers no trade is possible in such market. These are the levels for 20th July 2023. We can plan the trade accordingly. Avoid trade in no trade zone.
Nifty nearing all time high of 18887. May experience some resistance. If broken will become rocket Note: I am not SEBI registered. Ideas shared here are for learning purpose. Contact you financial advisor before any trade
Bank nifty levels in 15 min time frame for 20.07.23