NIFTY INTRADAY LEVELS FOR 28/11/2024BUY ABOVE - 24340
SL - 24250
TARGETS - 24420,24500,24600
SELL BELOW - 24250
SL - 24340
TARGETS - 24180,24100,24000
NO TRADE ZONE - 24250 to 24340
Previous Day High - 24340
Previous Day Low - 24100
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Trend Analysis
USDCAD_1HUSDCAD_1H BULLISH
Everything is mentioned on Charts.
Please always look for double confirmation before entry
Wish you Happy & safe Trading.
Trade as per your own RISK
Please Note:
My studies are for educational purpose only.
Please consult your financial advisor before Trading or Investing.
I'm not responsible for any kinds of your Profits & Losses.
Double Bottom in Engineers IndiaChart -> Engineer's India Daily
Perfect double bottom breakout with volume!
CMP: 202
Good Range to Buy: 190 TO 205
Targets: 220, 230, 245
SL: 178 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
EURUSD_1HEURUSD_1H BULLISH
Everything is mentioned on Charts.
Please always look for double confirmation before entry
Wish you Happy & safe Trading.
Trade as per your own RISK
Please Note:
My studies are for educational purpose only.
Please consult your financial advisor before Trading or Investing.
I'm not responsible for any kinds of your Profits & Losses.
bounce from support ADANI POWERAfter showing 14062.84 Cr. of sales and 9.12% of quarterly net loss, there have been multiple ups and downs in the Adani Power stock prices in the past few weeks. For example, Adani Power stock price on 20th of November 2024 was around Rs. 524. Adani Power share price now stands at an average of Rs. 565.95. Judging by last week's performance, stock is bouncing from support making it a possible swing candidate above 610
BANK NIFTY INTRADAY LEVELS FOR 28/11/2024BUY ABOVE - 52270
SL - 52060
TARGETS - 52450,52600,52800
SELL BELOW - 52060
SL - 52270
TARGETS - 51800,51500,51300
NO TRADE ZONE - 52270 to 52450
Previous Day High - 52450
Previous Day Low - 52060
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Jyoti CNC Automation Ltd Date : 28.11.2024
Jyoti CNC Automation Ltd
NSE: JYOTICNC
Timeframe : Day chart
Remarks :
1 Enter at wave 4 & target for wave 3 swing high break out followed by wave 5 with trailing stoploss method.
2 Keep stoploss little below 1144
3 Formation of Descending triangle with baseline or neckline of 1040
Regards,
Ankur
Ola Electric Breaks Out at 75, Targeting 160Details:
Asset: Ola Electric (Ola Electric Mobility Private Limited)
Breakout Level: 75
Current Level: Near 90
Potential Target: 160
Stop Loss: Below 75 or as per risk management
Timeframe: Medium to long-term
Rationale: Ola Electric has experienced a fresh breakout at 75, and its price momentum suggests strong upward potential. Currently nearing 90, the stock could reach 160 in the medium to long term if it sustains this bullish trend.
Market Analysis:
Technical Setup: The breakout above 75 with strong follow-through volume indicates bullish sentiment, setting the stage for significant upward movement.
Industry Tailwinds: Growing interest in electric vehicles and supportive government policies enhance the attractiveness of Ola Electric as a key player in the EV sector.
Price Target:
Short-term: 90 (already reached)
Medium to Long-term: 160
Risk Management:
A stop loss below 75 is advised to protect against potential reversals.
Timeframe:
The move toward 160 is expected in the medium to long term, depending on market sentiment and company performance.
Risk-Reward Ratio:
The current setup presents a favorable risk-reward ratio, with clear breakout levels and strong growth potential driven by the EV market boom.
Monitor price movements and volume for sustained momentum while keeping an eye on macroeconomic and industry-specific developments affecting the EV sector.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout in NIITLTD
BUY TODAY SELL TOMORROW for 5%
Nifty- A Bull Trap unfolding??
Is this a Bull Trap? Will Nifty Create a new ATH next year or will it come crashing down?
Scenario 1: Nifty breaks out of 25200, consolidates a bit and begins the upward journey.
Scenario 2: Nifty breaches 25200 and gets all the hapless retailers onboard the Bus before plummetting to 22000.
What are your thoughts? Which scenario is more likely to happen? Please comment your thoughts and opinions.
VTHO/USDT Ready for Takeoff? Breakout Signals 500%+ Potential UpVTHO/USDT Ready for Takeoff? Breakout Signals 500%+ Potential Upside
Key Highlights:
1️⃣ Trendline Breakout:
The price has broken the descending trendline, indicating a potential shift from bearish to bullish momentum.
2️⃣ Entry Zone:
Ideal entry area: $0.0017 - $0.0022 (Green Zone on the chart).
This zone offers a low-risk opportunity for long-term positions.
3️⃣ Resistance/Targets: $0.0040/$0.0058/$0.015/$0.022/ATH
Technical Observations:
▪️ The historical downtrend has been broken, suggesting a bullish trend is forming.
▪️ The price is consolidating within the entry zone, which could provide a strong base for the next rally.
▪️ A confirmed breakout above $0.0058 may trigger a parabolic move.
Trading Plan & Risk Management:
1️⃣ Strategy:
▪️ Enter near the entry zone for a low-risk position.
▪️ Monitor price action near resistance levels.
▪️ Partial profit-taking at each resistance level is recommended.
2️⃣ Risk Management:
▪️ Place stop-loss below $0.0017 to minimize downside risk.
Outlook:
If the price sustains above the trendline breakout, VTHO/USDT could enter a bullish rally, targeting the key resistance levels.
Metropolis - Expected SceneriosStock at strong resistance zone of 2170 - 2190
Expecting to resist this area to test the available support areas of 2130 - 40 first then 2050 -70
If not it may sure resist at 2210 -2240
In any case waiting for at least 1 good sign in 30 or 15 mins for entry
Any close above 2250 negates all the view
Nifty Intraday Levels | 28-NOV-2024Nifty Options Scalping
1️⃣ Zones to Watch:
👉Green Zone: Institutional support
👉Red Zone: Institutional resistance
👉Gap: 100-200 points between zones
👉Zone Creation: Based on pivot points and Fibonacci
👉Chart: Use Nifty futures chart for reference
2️⃣ Trade Execution:
👉Order Flow: Triggers trades
👉Timeframes: 1-min & 5-min for scalping
👉Risk-Reward: 1:2 (Risk 1 to gain 2)
👉Strike Price: ATM or slightly ITM options
👉Position Sizing: Adjust to risk tolerance
3️⃣ Rules:
👉9:15 AM Sharp: Ready for market open
👉Risk Management: Top priority
👉Quick Trades: "Morning breakfast" scalps
👉Stop-Loss: 10 points
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