Trend Analysis
BANK NIFTY INTRADY LEVELS FOR 26/11/2024BUY ABOVE - 52270
SL - 52060
TARGETS - 52450,52600,52800
SELL BELOW - 51800
SL - 52060
TARGETS - 51500,51300,51000
NO TRADE ZONE - 51800 to 52270
Previous Day High - 52270
Previous Day Low - 51800
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.
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HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 26/11/2024BUY ABOVE - 24250
SL - 24180
TARGETS - 24340,24420,24500
SELL BELOW - 24100
SL - 24180
TARGETS - 24000,23890,23780
NO TRADE ZONE - 24100 to 24250
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 👍
DCMSHRIRAM Long Base BO [Weekly]DCMSHRIRAM is showing signs of accumulations over the past 50 days and this week tried a long base BO on weekly timeframe. Considering the market conditions right now, a stock giving signs of accumulations is certainly to be taken note off.
Tracking this to see some tightness around this BO level and might get into it if a good pattern forms.
RS Score has also increased week over week , from 35 to 70 in the last 3 weeks, which is good improvement.
XAGUSD_15MXAGUSD_15M BEARISH
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.
BSE : Double Top / ConsolidationBSE is under consolidation but if it closes below 4350 then it may touch 4000. By any means if it closes below 4000 with volume then Double Top will be Confirmed. Then 3100-3000 will be touched.
If it closes above 5000 then 6000, 6500 will be seen.
Put Stoploss on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on Fibonacci Series
NOTE : I am not SEBI registered advisor in capital market.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
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Bank Nifty is Ready for the Pain How's the Josh Traders :)
I Hope Nifty Analysis May have Saved you with the Bull Trap ...... BUT...
ITS TIME FOR BANK NIFTY.
Bank Nifty is forming Head & Shoulder Pattern and Again Getting ready for a Fall.
Bank Nifty is Slowly Moving towards 48000-46000 Levels(Wave C will be completed in this Level)
So Get Ready Traders we are ready for a Fall Again
We might see the Fall coming soon, So be ready.
NOTE : THIS IS FOR EDUCATIONAL PURPOSE PLEASE ENSURE WITH YOUR FINANCIAL ADVISOR FOR ANY TRADE QUERIES
HAVE A PROFITABLE DAY TRADERS
Nifty Intraday Levels | 26-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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SCI 230, POSSIBLY LOOKING FOR A TURN BACK TO 250+ Shipping Corporation of India (SCI) has shown a potential breakout on the daily time frame as it surpasses the ₹230 level. This price point previously acted as a resistance, and the breakout indicates bullish momentum, supported by increased trading volume. Analysts suggest further upside if the stock sustains above this level, with key targets around ₹245 and ₹260. However, if it falls below ₹230, a retest of ₹220 is possible.
Technical Highlights:
1. Momentum Indicators: RSI is near 50, showing room for further movement.
2. Trend Confirmation: Sustained closing above ₹230 strengthens the bullish trend.
3. Support Zone: ₹220 serves as immediate support.
Statutory Warning:
Trading and investing in stocks are subject to market risks. This is not investment advice. Always do your own research (DYOR) or consult a certified financial advisor before making decisions.
Nifty 50 - 26-11-2024 TuesdaySorry I am not able to publish everyday coz of busy market hours.
Here are some small updates. We have drawn a new resistance line at 24345. Which means market will spend time here and will take extra effort to break this. So market will go up only after sitting above and taking its support.
For today focus on HDFC BANK N reliance movements.
Single direction means market follows the direction in which both moves
Both in convergence or divergence. Market to eat premiums.
So small qty call shorting is suggested with Sl. 40-50
Reliance - Stuck in the ZoneWith downside support at 1270 & 1235
and upside resistance at 1300 & 13301
Reliance currently is stuck in the zone
Though trend has been broken with a force
it still needs to fill the gap created before moving ahead
Expecting it to remain sideways for a brief period of time til it breaks strong resistance or strong support
EUR/USD Analysis: Bearish Momentum ResumesEUR/USD is dominated by a long-term downtrend, with technical factors and market sentiment leaning towards the sellers. The possibility of the price breaking the 1.0430 support is not small, especially in the context that traders are waiting for clear signals from upcoming major economic events.
Investors need to closely follow the price movements at important technical zones to make appropriate decisions, as EUR/USD is approaching a pivotal moment of the trend.
Long trade in BSE Multiple VCP contractions visible on hourly timeframe. Relative strength (stan weinstein) is also rising. This presents a low risk entry in the stock.
Aggressive traders can enter right away with SL of 4650 (end of day closing)
Conservative traders can enter with SL of 4480 (end of day closing)
For those looking for more conformation, can wait till breakout above 4900 with good volumes.
Disclaimer: This is not a recommendation, do your own research before taking positions.
TorrntPharma Intraday 26 NovBullish setup with HH HL and trading above all EMA 13-48 on 5 and 15 min timeframe.
Long on Yesterday high with SL today day low for 1% gains min as target 1 and then trailing with 13 ema.
Only Long above yesterday high break of 5 min. If today low break first trade invalid.
Disclaimer: Only for entertainment purposes, not an investment advice.