Lupin Ltd view for Intraday 2nd jan #LUPIN
Lupin Ltd view for Intraday 2nd jan #LUPIN
Resistance 2330 Watching above 2335 for upside movement...
Support area 2270 Below 2300 ignoring upside momentum for intraday
Support 2270 Watching below 2268 or downside movement...
Resistance area 2330
Above 2300 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Trade
Stock is facing resistance in daily time frame
#VBL
Stock is facing resistance in daily time frame. Can expect good upmove once
resistance is broken and starts trading above it.Keep on Radar.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
Pre Market analysis for 02/01/2025
Pre Market analysis for 02/01/2025
#NIFTYBANK
If market opens flat and breaks 51250 level, will plan for buying for target 51600 level.
If market opens gap down, and breaks 51000 will plan for selling for target 50600.Wait for 15min candle close below level.
If market opens gap up, and sustains above 51250 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 02/01/2025
Pre Market analysis for 02/01/2025
#NIFTY50
If market opens flat and breaks 23800 will plan for buying for target 23900 level.
If market opens gap down, and breaks 23700, then plan for selling for target 23550. level.
If market opens gap up, and sustains above 23800 level, then plan for buying for target 23950 level.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
CIPLA // levels As of January 1, 2025, Cipla Limited (CIPLA) is exhibiting the following support and resistance levels:
Support Levels:
Immediate Support: ₹1,508.25
Next Support: ₹1,494.07
These levels suggest that if the stock price declines below ₹1,508.25, it may find support around ₹1,494.07.
Resistance Levels:
Immediate Resistance: ₹1,539.85
Next Resistance: ₹1,553.00
If the stock price surpasses ₹1,539.85, it could encounter resistance near ₹1,553.00.
These support and resistance levels are crucial for traders and investors to monitor, as they can indicate potential price movements and assist in making informed trading decisions.
For a more in-depth understanding of how to identify support and resistance levels, you might find the following video helpful:
ICICIBANK // levelsAs of January 1, 2025, ICICI Bank Limited (ICICIBANK) is exhibiting the following support and resistance levels:
Support Levels:
Immediate Support: ₹1,278 – ₹1,274
Next Support: ₹1,268
These levels suggest that if the stock price declines below ₹1,278, it may find support around ₹1,268.
Resistance Levels:
Immediate Resistance: ₹1,288 – ₹1,294
Next Resistance: ₹1,298
If the stock price surpasses ₹1,294, it could encounter resistance near ₹1,298.
These support and resistance levels are crucial for traders and investors to monitor, as they can indicate potential price movements and assist in making informed trading decisions.
For a more in-depth understanding of how to identify support and resistance levels, you might find the following video helpful:
BHARTIARTL // Level //As of January 1, 2025, Bharti Airtel Limited (BHARTIARTL) is exhibiting the following support and resistance levels:
Support Levels:
Immediate Support: ₹1,568 – ₹1,549
Next Support: ₹1,534
These levels suggest that if the stock price declines below ₹1,568, it may find support around ₹1,534.
Resistance Levels:
Immediate Resistance: ₹1,602 – ₹1,617
Next Resistance: ₹1,636
If the stock price surpasses ₹1,617, it could encounter resistance near ₹1,636.
These support and resistance levels are crucial for traders and investors to monitor, as they can indicate potential price movements and assist in making informed trading decisions.
For a more in-depth understanding of how to identify support and resistance levels, you might find the following video helpful
AIIL STRONG MOVE POSSIBLE NOW 941
AIIL STRONG MOVE POSSIBLE NOW 941
SUPPORT 1575
GOOD FOR SHORT TO LONG TERM
qtr.
FII/FPI have increased holdings from 7.23% to 7.29% in Sep 2024 qtr.
Number of FII/FPI investors increased from 35 to 41 in Sep 2024 qtr.
Institutional Investors have increased holdings from 7.23% to 7.30% in Sep 2024
#AIIL
BANKNIFTY levelsAs of January 1, 2025, the NIFTY Bank Index (BANKNIFTY) is exhibiting the following support and resistance levels:
Support Levels:
Immediate Support: 50,600 – 50,500
Next Support: 50,000 – 49,900
These levels suggest that if the index falls below 50,600, it may find support around 50,000.
Resistance Levels:
Immediate Resistance: 51,400 – 51,500
Next Resistance: 52,000 – 52,200
If the index surpasses 51,500, it could encounter resistance near 52,000.
Trendline Support"📈 CREDITACC is trading at a critical support zone near 860-870, backed by a long-term trendline. This level has acted as a strong demand zone multiple times in the past.
🔍 Here's why this is exciting:
Trendline Support: The stock is respecting a multi-year ascending trendline.
Risk-Reward Setup: Entry near 890 with a stop-loss at 807 and potential targets at 1,015 and 1,268.
Volume Analysis: Watch for a spike in volumes near resistance for a breakout confirmation.
🚨 Key Levels:
Support: 860-870
Resistance: 1,015 | 1,268
💡 Idea: A move above 1,015 could confirm bullish momentum, opening up significant upside potential. Stay cautious if the price breaks below 807."
#SwingTrading #StockMarket #TradingIdeas #CREDITACC #TechnicalAnalysis #BullishSetup
Pre Market analysis for 01/01/2025
Pre Market analysis for 01/01/2025
#NIFTY50
If market opens flat and breaks 23700 will plan for buying for target 23800 level.
If market opens gap down, and breaks 23550, then plan for selling for target 23450. level.
If market opens gap up, and sustains above 23700 level, then plan for buying for target 23850 level.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
BIOCON Support & Resistance Here are the support and resistance levels for Biocon Limited (NSE: BIOCON) based on recent market data:
Support Levels:
₹349 - ₹350: Immediate support, where buyers have recently shown interest.
₹341 - ₹345: A critical short-term support zone observed from previous trading sessions.
₹325 - ₹330: Stronger support level based on historical price action.
₹300 - ₹305: Psychological and long-term support zone.
Resistance Levels:
₹356 - ₹358: Immediate resistance, indicating selling pressure.
₹374 - ₹375: A significant short-term resistance observed from past highs.
₹390 - ₹395: Strong resistance near the 52-week high.
₹400+: Psychological resistance, where profit booking could occur if breached.
TCS Support & Resistance As of January 1, 2025, Tata Consultancy Services Limited (TCS) is trading at ₹4,114.10, reflecting a 0.47% increase from the previous close of ₹4,094.40.
Support and Resistance Levels:
Daily Support: ₹4,009.48
Daily Resistance: ₹4,117.38
Short-term Support: ₹4,153.41
Short-term Resistace: ₹4,315.60
These levels are crucial for traders to monitor, as a breach above resistance may indicate a bullish trend, while a drop below support could suggest bearish momentum.
Technical Indicators:
Pivot Points:
Standard Pivot Point: ₹4,145.82
Camarilla Pivot Point: ₹4,088.93
Fibonacci Pivot Point: ₹4,145.82
These pivot points can help identify potential reversal levels during intraday trading.
Analyst Insights:
According to , TCS is currently in a negative trend. They suggest that if you are holding short positions, continue to hold with a daily closing stop loss of ₹4,176. Fresh long positions can be initiated if TCS closes above ₹4,176 levels. Support levels are identified at ₹4,038, ₹3,981, and ₹3,930, while resistance levels are at ₹4,146, ₹4,197, and ₹4,254.
ZOMATO Support & Resistance As of January 1, 2025, Zomato Limited (NSE: ZOMATO) is trading at ₹278.85, reflecting a 0.31% increase from the previous close of ₹278.
Support and Resistance Levels:
Daily Support: ₹275.95
Daily Resistance: ₹297.75
Short-term Support: ₹275.07
Short-term Resistance: ₹287.26
These levels are crucial for traders to monitor, as a breach above resistance may indicate a bullish trend, while a drop below support could suggest bearish momentum.
Recent Performance:
52-Week High: ₹304.50
52-Week Low: ₹121.70
Market Capitalization: ₹252,051.3 crore
Over the past year, Zomato's share price has appreciated by approximately 123.33%, significantly outperforming the Nifty index's rise of 8.75% during the same period.
Analyst Insights:
The consensus among analysts is a 'Buy' rating, with a median price target of ₹320.00, suggesting a potential upside of about 15.11% from the current market price.
Highest Target Price: ₹375.00
Lowest Target Price: ₹130.00
AXISBANK Support & ResistanceTo determine the support and resistance levels for Axis Bank (AXISBANK), we analyze recent price action, key technical indicators, and historical price levels. Here’s an assessment based on the data:
Support Levels
₹1,058-₹1,060: This range represents the recent intraday low and a critical level where buyers have previously shown interest.
₹1,040-₹1,045: A strong support level observed from prior consolidation zones.
₹995-₹1,000: The 52-week low, acting as a major support zone.
Resistance Levels
₹1,070-₹1,075: A near-term resistance where selling pressure has been observed during intraday trades.
₹1,100-₹1,105: A psychological barrier and previous short-term peak.
₹1,125-₹1,130: A critical resistance level seen in past price movements.
₹1,339-₹1,340: The 52-week high and a long-term resistance point.
These levels are dynamic and may shift with new market data or significant trading volumes. If you'd like detailed technical charts or indicators for a precise breakdown, let me know!
Pre Market analysis for 01/01/2025
Pre Market analysis for 01/01/2025
#NIFTYBANK
If market opens flat and breaks 51000 level, will plan for buying for target 51400 level.
If market opens gap down, and breaks 50700 will plan for selling for target 50400. Wait for 15min candle close below level.
If market opens gap up, and sustains above 51000 level, then plan for buying for target 51400.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
HDFCBANK Support and Resistance LevelsAs of January 1, 2025, HDFC Bank Limited (NSE: HDFCBANK) is trading at ₹1,773.42.
Support and Resistance Levels:
Daily Support Levels:
Support 1: ₹1,769.23
Support 2: ₹1,757.22
Support 3: ₹1,748.83
Daily Resistance Levels:
Resistance 1: ₹1,785.43
Resistance 2: ₹1,789.62
Resistance 3: ₹1,797.43
These levels are derived from pivot point calculations and are crucial for traders to monitor, as movements beyond these points may indicate potential changes in the stock's trend.
BAJFINANCE Support & Resistance As of January 1, 2025, Bajaj Finance Limited (NSE: BAJFINANCE) is trading at ₹6,850.00, reflecting a 0.73% increase from the previous close of ₹6,800.00.
Support and Resistance Levels:
Daily Support Levels:
Support 1: ₹6,783.53
Support 2: ₹6,745.27
Support 3: ₹6,698.53
Daily Resistance Levels:
Resistance 1: ₹6,868.53
Resistance 2: ₹6,915.27
Resistance 3: ₹6,953.53
These levels are derived from the classic pivot table and are crucial for traders to monitor, as movements beyond these points may indicate potential changes in the stock's trend
NSE Option Chain Significance of NSE Option Chain
Offers a glance at the in-the-money (ITM) and out-the-money (OTM) options. It proves useful for assessing the depth and liquidity of specific strikes. It aids traders to find option premium against its corresponding maturity date and strike price.
An option chain is a comprehensive list that shows you all available option contracts for a given stock. These are sorted by their expiration date, which is the last day you can trade or use the option, and strike price, which is the price at which you can buy (call) or sell (put) the stock.
Option trading Options are a type of contract that gives the buyer the right to buy or sell a security at a specified price at some point in the future. An option holder is essentially paying a premium for the right to buy or sell the security within a certain time frame.
Trading options offers a number of benefits for an active trader: Options can offer high returns and do so over a short period, allowing you to multiply your money quickly if your wager is right. With options, it can cost less to get the same exposure to a stock's price movement than it does to buy the stock directly.