💎 LUNA is exhibiting a bullish market structure and has formed a cup and handle pattern. 💎If LUNAUSDT manages to break above the resistance level, we can anticipate a bullish move towards the next resistance levels. 💎In the event of a pullback, we can anticipate a bounce from the trendline, especially considering the presence of a bullish order block (OB) in...
NSE:PIIND I was expecting the price of this stock to reach the monthly demand zone. However, looking at the candles, it doesn't seem like the price will go down any further. Here are my reasons: The weekly demand zone is a strong zone because it took the price to an all-time high. The price has also broken through a monthly supply zone. The price is...
NSE:NIFTY_MID_SELECT Maximum Call writing of 10.59 Lakh is at 10600 strike followed by 9.62 Lakh at 10500 Strike and Put writing of 9.69 Lakh at 10500 Strike. 15 Minute closing above 10525 level may lead to 10590 level. Trailing Stop Loss 10460.
NSE:CNXFINANCE Maximum Put writing is at 20800 strike with 4.09 Lakh and Call writing at 3.78 Lakh at 21000 Strike followed by 3.24 Lakh Put writing at 20900 strike. If 15 Minute closing above 21840 level may lead to 1st target 20900 and 2nd target 21000 level. Trailing Stop Loss 20770.
Highest Call writing at 47000 strike with 13.70 Lakh Contract followed by 10.49 Lakh at 46700 Strike and maximum Put writing at 46500 strike with 13.16 Lakh Contract followed by 9.23 Lakh Put writing at 47000 strike. It is expected Nifty F&O expiry between 46700 - 47000 level. Contra trade can be initiated if Nifty come near 46700 or 47000 level either through...
NIFTY Max Put writing of 146.83 Lakh at 22000 strike followed by 138.31 Lakh Put writing at 22100 Strike and Call writing of 73.70 Lakh at 22100 strike followed by 90.08 Lakh Put writing at 22200 Strike. It is expected Nifty F&O expiry between 22000 - 22200 level. Contra trade can be initiated if Nifty come near 22000 or 22200 level either through Option or...
#Jyoti Structures cash - Positional for 3-6 months 03 March 2024 Looks good above 28.25 Strict Stploss at 24 Tgt 35/42-43 (Risk on close above 30 levels) Risk to reward - 1/1.8 Cmp 26.50
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...
L&T breaking c&h pattern with good volume and rsi EDUCATIONAL IDEA
NSE: BAJAJFINSV 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 11% to 16% gain on...
Technical:- Price break support area now support area become resistance zone for price and also tradeline support be there it its quit possible chance that price will move down side. SL will be last swing which is marked in Zone Tragate area latest swing low which marked in zone This idea is for Educational purpose and paper trading only. Please consult...
INFY Weekly Chart is Looking Very Bullish. Expecting Good Momentum in Coming Days. This is just for educational purposes and to understand how technical analysis works.
BankNifty is trading in range of 600 points since march 14th only once it gave a breakdown to downside to check lower levels of 46200 and 45800 but somehow held now back again into that consolidation range of 600 points 46800 above and 46550 below are important levels to watch out for good move and good trade probability. 46800 Above Sustains Long Targets of...
NSE:RELIANCE Fibonacci extension resistance at 1.618 level around 3035 level. If RIL closes above 3035 level on weekly basis then next target level at 2.618 Fibonacci extension level around 3686 level.
#Reliance cash -Positional call 27.March 2024 Looks good around 2950-2960 Stoploss 2900 Tgt 3020/3080/3140 Cmp 2986
#Titan cash -Positional call 27.03.2024 Looks good around 3740-45 Stoploss at 3700 Target 3800/3850/3900 Cmp 3760
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...