Finnifty Intraday Analysis for 30th December 2024NSE:CNXFINANCE
Index closed near 23790 level and Maximum Call and Put Writing near CMP as below in December Month contract:
Call Writing
24000 Strike – 5.87 Lakh
24200 Strike – 4.92 Lakh
23800 Strike – 4.62 Lakh
Put Writing
23800 Strike – 5.79 Lakh
23500 Strike – 3.79 Lakh
24000 Strike – 2.85 Lakh
Index has resistance near 23900 - 23950 range and if index crosses and sustains above this level then may reach near 24150 - 24200 range.
Index has immediate support near 23550 – 23500 range and if this support is broken then index may tank near 23200 – 23150 range.
Support and Resistance
Midnifty Intraday Analysis for 30th December 2024NSE:NIFTY_MID_SELECT
Index closed near 12770 level and Maximum Call and Put Writing near CMP as below in December Month contract:
Call Writing
12800 Strike – 18.83 Lakh
13000 Strike – 14.38 Lakh
12900 Strike – 11.09 Lakh
Put Writing
12800 Strike – 12.59 Lakh
12500 Strike – 11.92 Lakh
12700 Strike – 10.11 Lakh
Index has immediate resistance near 12850 – 12900 range and if index crosses and sustains above this level then may reach 13000 – 13100 range.
Index has immediate support near 12650 – 12600 range and if this support is broken then index may tank near 12500 – 12450 range.
PCR Part 1PCR is based on three simple steps required for any DNA synthesis reaction: (1) denaturation of the template into single strands; (2) annealing of primers to each original strand for new strand synthesis; and (3) extension of the new DNA strands from the primers.
Assembly PCR – longer DNA fragments are aplified by using overlapping primers. Asymmetric PCR – only one strand of the target DNA is amplified. In situ PCR – PCR that takes place in cells, or in fixed tissue on a slide.
BankNifty levels - Dec 31, 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.
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Nifty levels - Dec 31, 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!
TCS Support & Resistance
As of December 30, 2024, Tata Consultancy Services Limited (TCS) is exhibiting the following technical levels:
Support Levels:
Immediate Support: ₹4,156.05
Short-Term Support: ₹4,168.41
Medium-Term Support: ₹4,131.00
Long-Term Support: ₹4,114.00
Resistance Levels:
Immediate Resistance: ₹4,189.75
Short-Term Resistance: ₹4,189.82
Medium-Term Resistance: ₹4,198.00
Long-Term Resistance: ₹4,215.00
These levels are derived from recent market data and technical analysis.
Traders and investors should monitor these levels closely, as they can provide insights into potential entry and exit points. However, market conditions can change rapidly, so it's advisable to conduct further analysis or consult with a financial advisor before making investment decisions.
AXISBANK Support resistance As of December 30, 2024, Axis Bank Limited (AXISBANK) is exhibiting the following technical levels:
Support Levels:
Immediate Support: ₹1,071.60
Short-Term Support: ₹1,076.81
Medium-Term Support: ₹1,063.00
Long-Term Support: ₹1,070.00
Resistance Levels:
Immediate Resistance: ₹1,081.85
Short-Term Resistance: ₹1,084.00
Medium-Term Resistance: ₹1,090.00
Long-Term Resistance: ₹1,094.00
These levels are derived from recent market data and technical analysis.
Traders and investors should monitor these levels closely, as they can provide insights into potential entry and exit points. However, market conditions can change rapidly, so it's advisable to conduct further analysis or consult with a financial advisor before making investment decisions.
TATAMOTORS Support & Resistance As of December 30, 2024, Tata Motors Limited (TATAMOTORS) is exhibiting the following technical levels:
Support Levels:
Immediate Support: ₹748.10
Short-Term Support: ₹734.73
Medium-Term Support: ₹723.18
Long-Term Support: ₹600.00
Resistance Levels:
Immediate Resistance: ₹769.25
Short-Term Resistance: ₹772.84
Medium-Term Resistance: ₹772.33
Long-Term Resistance: ₹900.00
These levels are derived from recent market data and technical analysis.
CIPLA Looking good today As of December 30, 2024, Cipla Limited (CIPLA) is exhibiting the following technical levels:
Support Levels:
Immediate Support: ₹1,478.40
Short-Term Support: ₹1,484.19
Medium-Term Support: ₹1,479.40
Long-Term Support: ₹1,461.00
Resistance Levels:
Immediate Resistance: ₹1,507.10
Short-Term Resistance: ₹1,518.00
Medium-Term Resistance: ₹1,530.00
Long-Term Resistance: ₹1,547.00
These levels are derived from recent market data and technical analysis.
It's important to note that the stock has support at ₹1,500 and resistance at ₹1,680.
BAJFINANCE Support & ResistanceAs of December 30, 2024, Bajaj Finance Limited (BAJFINANCE) is exhibiting the following technical levels:
Support Levels:
Immediate Support: ₹6,800.85
Short-Term Support: ₹6,833
Medium-Term Support: ₹6,759
Long-Term Support: ₹6,687
Resistance Levels:
Immediate Resistance: ₹6,921.80
Short-Term Resistance: ₹6,980
Medium-Term Resistance: ₹7,051
Long-Term Resistance: ₹7,126
These levels are derived from recent market data and technical analysis.
Pre Market analysis for 30/12/2024
Pre Market analysis for 30/12/2024
#NIFTYBANK
If market opens flat and breaks 51400 level, will plan for buying for target 51600 level.
If market opens gap down, and breaks 51250 will plan for selling for target 51000.
Wait for 15min candle close below level.
If market opens gap up, and sustains above 51400 level, then plan for buying for target 51600.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
Pre Market analysis for 30/12/2024
Pre Market analysis for 30/12/2024
#NIFTY50
If market opens flat and breaks 23850 will plan for buying for target 23950 level. If market opens gap down, and breaks 23800, then plan for selling for target 23700. level.
If market opens gap up, and sustains above 23850 level, then plan for buying for target 23950 level.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
GLENMARK Stock has given strong breakout
#GLENMARK
Stock has given strong breakout from resistance level in daily time frame and closed above it.
If stock sustains above resistance level, can expect good
momentum in coming days.Keep on Radar.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
Biocon Ltd view for Intraday 30th Dec #BIOCON
Biocon Ltd view for Intraday 30th Dec #BIOCON
Resistance 335 Watching above 335 for upside movement...
Support area 325 Below 330 ignoring upside momentum for intraday
Support 325 Watching below 325 or downside movement...
Resistance area 335
Above 330 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
EURUSD Next possible move To Buy Here’s a detailed description for today’s bullish continuation in EUR/USD:
---
### **Title**
*"EUR/USD Intraday Analysis: Bullish Momentum Holds | Buyers Dominate"*
#### **Market Context**
*"EUR/USD continues its upward move as the U.S. dollar weakens amid cautious market sentiment. The pair benefits from steady Eurozone fundamentals and a lack of immediate hawkish cues from the Federal Reserve."*
Two conform breaking line
1) @ 1.0445
2) @ 1.04565
TP @ 1.5247
SL @ 1. 03809
#### **News Context**
*"Upcoming: U.S. Pending Home Sales and Eurozone inflation data are expected today, which could influence market dynamics.
Previous: The pair gained momentum as traders capitalized on weaker-than-expected U.S. data last week."*
#### **Call to Action**
*"Will EUR/USD sustain its bullish trajectory or face resistance at higher levels? Share your views and trading setups below!"*
---
Let me know if this works or if you’d like further adjustments!
EURUSD Next possible move To Buy Here’s a detailed description for today’s bullish continuation in EUR/USD:
---
### **Title**
*"EUR/USD Intraday Analysis: Bullish Momentum Holds | Buyers Dominate"*
#### **Market Context**
*"EUR/USD continues its upward move as the U.S. dollar weakens amid cautious market sentiment. The pair benefits from steady Eurozone fundamentals and a lack of immediate hawkish cues from the Federal Reserve."*
Two conform breaking line
1) @ 1.0445
2) @ 1.04565
TP @ 1.5247
SL @ 1. 03809
#### **News Context**
*"Upcoming: U.S. Pending Home Sales and Eurozone inflation data are expected today, which could influence market dynamics.
Previous: The pair gained momentum as traders capitalized on weaker-than-expected U.S. data last week."*
#### **Call to Action**
*"Will EUR/USD sustain its bullish trajectory or face resistance at higher levels? Share your views and trading setups below!"*
---
Let me know if this works or if you’d like further adjustments!
About to breakout swing trading!!🔍 Key Observation:
The stock is currently trading near a critical resistance level at ₹170. A breakout above this level can trigger further bullish momentum 📈.
🎯 Trade Setup:
Buy Above: ₹170
Stop-Loss: 3% below the entry price (₹165) 🔐
Target:
🎯 First Target: ₹187
📊 Technical Signals:
Resistance: ₹170 is a key breakout level to watch 🚀.
Volume: Look for increasing volume to confirm breakout strength 🔥.
🧠 Action Plan:
Wait for the stock to close or trade convincingly above ₹170 before entering.
Set a tight stop-loss to manage risk effectively ✅.
💡 Risk-Reward: Favorable for short-term traders aiming for a 10%+ upside potential with controlled downside
Jio Financial Services: Cooling Off with Strong Support Topic Statement: Jio Financial Services is cooling off slowly after its stellar debut in the stock market, facing selling pressure and trading in a down-trending channel with strong support at 300.
Key Points:
1. The stock is facing selling pressure after its stellar market debut.
2. Price is moving downwards in a well-defined down-trending channel.
3. Strong support is identified at the 300 level, providing a potential buying opportunity.
HDFC AMC: Wedge Pattern Awaits Breakout DirectionTopic Statement: HDFC AMC is subdued in a range of 4100 to 4600, with a wedge pattern signaling a potential breakout that could dictate its next directional move.
Key Points:
1. A wedge pattern formation indicates a breakout could lead to a significant price movement.
2. Strong support at 4200 and resistance at 4500 shape the stock's current dynamics.
COCHIN SHIPYARD LTD LONG ANALYSIS 29.12.24COCHIN SHIPYARD LTD LONG Analysis 29.12.24
Investment type : Mid term (6-12 months)
CMP : 1539.05
R:R = 1:3.5
Expected Gains : 40-90%
Bullish Levels :
Level 1 : 1741.45
Level 2 : 2097.60
Level 3 : 2470.45
Level 4 : 2933.15
Stop loss : 1150.00
This tech. analysis is purely for educational purpose only we did not recommend to invest as per our analysis.
For investment please consult financial advisor.
BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARDBTCUSD SHOWING A GOOD DOWN MOVE WITH 1:7 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