Shorted 45500 put and 47300 call for a combined premium of 110 Rs for 20th expiry. Please note this is a naked sell with 78 % possibility of profit the same can be checked on Opstra, however a gap opening can change the dynamics, so take positions with hedge or keep sufficient margins to make adjustments 47300 sold at 72 45500 sold at 29
Banknifty zone and levels for 18-3-2024 zone coordinates are 46590.60-46630.30
The stock has consolidated in a very long range from may 21 . 124 is a crucial resistance for it and has touched upon it for the 7th time . also the stock has followed a proper range bound trend earlier which arouses quite optimism about the stock. if the resistance is broken the immediate return could be of 15 % for short term
7 % gain can be achieved soon if 1580 resistance is broken
the stock has formed complex cup with handle pattern and has retested the 114 level the stock can rally to 132 in no time
#NiftyBank cash 17-March 2024 Looks good above 46800.10 Stoploss 46500 Tgt 47200/47500 Weak Below 46300 levels only cmp 36594.10 (Conditional buy .. please read level then trade)
Chemical sector technicals has good setup in daily chart and improving in weekly chart.
Nifty rollercoaster ride one sided move today of more than 500 points from day high to day low. For Thursday Expiry 21900 Support is important and to upside 22050 Resistance is crucial.On daily front Nifty is trading below 20 EMA and approaching 50 EMA (21835) if support 21900 gets voilates it may test that 50 EMA which is 21835 next target to downside is...
stock looking good above 541 stock consolidated in a range create resistance at 540/541 on monday if stock open below 540 once take resistance on 540/541 and make higher low then break high 541 it will go up NOTE: only for educational purpose RULE: 1: always trade with stoploss 2: decide your risk per trade and per day 3: believe to your analysis 4: stay positive...
Price has consolidated on the demand zone. Also weekly candle taking support on 20EMA. Price is likely to move 544, and 600, Stop loss would be below 450
💎 ONE has successfully broken out of the W pattern, signaling a potential bullish reversal. To confirm the breakout, we would ideally want to see a bullish engulfing candlestick near the previously broken resistance level, which may now act as support. 💎In the event that ONEUSDT retraces below the resistance-turned-support level, we can anticipate a bounce from...
💎 COTI is currently experiencing a pullback, suggesting a potential bounce from this level followed by a move towards new highs. 💎The Bullish Order Block (OB) along with the 200-day Exponential Moving Average (EMA) and supportive trendline form a strong level of interest for expecting a bounce. Confirmation of this bounce would ideally come in the form of bullish...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
This price action shows the dominance of solana in crypto market So its breaking out is all time high dominance.. solana can be bought for long term investment
The USD/JPY currency pair is currently experiencing an immensely bullish momentum, with its price trajectory indicating a strong upward trend. Market sentiment surrounding the pair is overwhelmingly positive, with traders eagerly anticipating a breakthrough past the previous high. As the USD asserts dominance against the JPY, investors are closely monitoring key...
Unlock the potential of intraday trading with gold as it forms a triangle pattern near a critical support level, amidst an upward trend. This comprehensive guide navigates you through the intricacies of identifying and executing a strategic buy position within this pattern, maximizing your potential gains while minimizing risks. Explore key insights into...
The chart is self-explanatory and shared for educational purposes. Nifty is currently trading above the moving average, supported by both a trendline and an accelerated trend line. This makes it possible for a long trading position. Remember to trade with a stop loss.
💎 ETC is currently exhibiting a bullish market structure and is undergoing a retest of the support zone, which was previously a resistance level. This zone may now act as support since it has been broken. 💎Analyzing past chart data reveals that there is potential for a bounce from the bullish interest zone, especially if ETCUSDT forms bullish engulfing...