This is one stock which has honored weekly Supertrend for long time. A high probability good entry opportunity is available at this time.
💎 Paradisers, #XVS has recently formed an inverse head and shoulders pattern, signaling a potential bullish reversal in the near future. 💎If #XVS/USDT manages to break out above the resistance level, we can anticipate a bullish movement towards the subsequent resistance levels. 💎In the event of a pullback, we may witness a bounce from the bullish OB (Order...
💎 Paradisers, #AMB is currently undergoing a retracement, and we anticipate a potential bounce from the previously broken resistance, which can now act as support. 💎This support level is further reinforced by the presence of the 200 EMA (Exponential Moving Average) and a supportive trendline, enhancing its bullish prospects. 💎NOTE- Confirmation is...
💎 Paradisers, #JTO is demonstrating signs of strength with CHoCH and BOS indicating a bullish market structure, coupled with the formation of a cup & handle pattern, which enhances the likelihood of a bullish breakout. 💎If #JTOUSDT successfully confirms a breakout above the resistance zone, it could pave the way for a bullish rally towards the next resistance...
Sygene is a pharma stock which is consolidating from few months now. Stock has formed triple bottom pattern near its strong support and now showing signs of reversal Confirmation is when stock gives weekly closing above 750. Risky traders can keep this stock in watchlist
50% retracement of previous move. Main trend is down. From the recent low stock move 3.46% on weekly basis. Now, expecting the main trend resume in upcoming week
As we can see NIFTY remained sideways to negative as analysed in our previous post as 22500 was not broken hence NIFTY can remain directioness and can accumulate for some time before finally moving big showing unidirectional move 22500 so plan your trades accordingly.
➡️adani group ➡️148% upmove possible ➡️market leader in some segments with continuous Capex Cons: Margins are weak (safe traders to wait for improvement in op. margin)
NSE:NIFTY Highest combined Call and Put writing at 22500 strike with 76.75 Lakh Call and 51.18 Lakh Put writing. 2nd Highest Call writing at 22700 strike and Put writing at 56.90 Lakh at 22300 Strike. If Index crosses 22525 level and sustain the index may go to 22600 level and 22700 level. Trailing Stop Loss near 22400 level. If index goes down below 22400...
NSE:BANKNIFTY Highest combines Call writing at 47500 strike with 23.58 Lakh Contract and 22.52 Lakh Put writing. Maximum Call writing of 25.49 Lakh at 48000 Strike and Maximum Put writing of 25.20 Lakh at 47000 strike. If Index crosses 47650, then it may go near 47750 level and if sustain above 47750 resistance level then may go near 48000 level. If Index...
NSE:CNXFINANCE Maximum combined Call and Put writing is at 21200 strike with 25.87 Lakh Call and 24.54 Lakh Put. Second Highest Call writing of 23.27 Lakh at 21300 Strike and Put writing of 26.27 Lakh at 21000 Strike. Index is expected to trade in the range between 21070 - 21330 range on weekly expiry day. Contra trade may be initiated when index mode in...
NSE:NIFTY_MID_SELECT Maximum Call writing of 5.87 Lakh is at 10700 strike followed by 3.92 Lakh at 10800 Strike and Put writing of 5.93 Lakh at 10600 Strike followed by 3.51 Lakh at 10700 Strike. Index is facing resistance near 10570 level. Index is expected to trade between 10590 - 10730 level. If Index is crossing above 10730 level and Call unwinding taking...
LICI breaking a trendline resistance good volume building up good rsi and MACD crossover #target 1170,use ur sl EDUCATIONAL IDEA
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...
NSE: CROMPTON 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 10% to 15% gain on...
NSE: LAURUSLABS is closing with a bullish momentum 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 9% to 14% gain on...
21220 is acting as an excellent resistance 21120 is acting as an excellent support VIX is very low and the market is range-bound We can see that the market is forming lower highs on keen observation. Based on the above a conservative trade idea would be 21100-21250 strangle . A much riskier trade would be going short with SL 21190 and targets 21120...