Bank Nifty remained in Negative mode after opening below imp level of 49000 The Index fell by around 600 points in today's session A Bearish candle is formed on daily chart The imp upside hurdle is placed around 48850/49k level whereas downside support is around 47200 zone Track for price to form Price Action Patterns at Imp Levels, However market may show...
EURJPY daily setup long near 151 stop loss 148 target 169
In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too. Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it! ✅I hope you liked the analysis. Be sure to hit that LIKE. 👍Like | 💬Comment |...
Brett Surpasses ATH: Analysts Foresee Further 20% Uptick Imminent Brett Crypto has eclipsed its previous all-time high established in April, now soaring to new record levels. The bullish momentum is bolstered by a significant surge in trading volume, indicating a robust demand that may propel the price even higher. Brett Crypto is consistently breaking new...
If we go by technical analysis Nifty is testing the breakout of previous resistance area. If it finds support everyone will agree it will go to 23100 and above and possibly - 23600 - 23700 as well because Nifty is not at all over valued and most of the stocks are below their ATH or medium-term high levels. If retest of breakout fails and falls further by one day...
Banknifty closed just below the SR of 48603 and for the same reason, I am going neutral. Unlike Nifty, BN has few SR zones nearby hence the decision to go neutral instead of bearish. Although we fell 640pts ~ 1.3%, none of the 63mts candles closed distinctly below 48603 which is a sign of worry for the Bears, Meanwhile, the drop seen in ICICI will be considered...
Over the last 2 sessions, we tried to explain why we would have to go directly to bearish from bullish. One of the reasons was that we fell below the level that had 2 double tops in April & May. Secondly, there were no additional support/resistance points in between for a neutral zone. What I am not sure about is, whether we can continue the downward momentum,...
Hello Everyone. The market was bearish today. Previous support has turned to resistance now and vise versa. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 40 points.
CMP : 263.35 Today we have a bullish piercing candle, which has given the breakout of both bands. It indicates the start of an uptrend. Probability on the up side is more than 50% Resistance : 268 Support-1 : 254 Support-2 : 249 Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
NSE:NIFTY Highest Call writing near CMP is at 23000 Strike of 93.53 Lakh followed by 64.68 Lakh at 23100 Strike and 61.19 Lakh at 23200 strike. Maximum Put writing of 68.86 Lakh at 22500 Strike followed by 67.62 Lakh at 23000 strike 54.27 Lakh at 22700 Strike. Index closed near 22890 level. Index has strong resistance near 23000 - 23200 level and if index...
NSE:BANKNIFTY Highest Call writing near CMP is at 50000 strike of 48.29 Lakh followed by 35.78 Lakh at 49500 strike and 25.72 Lakh at 49600 strike. Highest Put writing of 42.04 Lakh at 48000 strike followed by 26.49 Lakh at 49000 strike and 19.13 Lakh at 48500 strike. Index closed near 49140 level. Index has resistance near 49500 - 49600 level and if crosses...
NSE:CNXFINANCE Maximum Call writing near CMP is at 22000 strike with 1.37 Lakh followed by 0.31 Lakh Call at 22500 Strike and 0.18 Lakh at 22100 strike. Maximum Put writing is at 1.31 Lakh at 22000 strike followed by 0.54 Lakh Put writing at 21500 strike and 0.18 Lakh at 21800 strike. Index closed near 21980 level. Index has resistance near 22000 - 22050 level...
NSE:NIFTY_MID_SELECT Maximum Call writing near CMP is at 11600 strike with 5.16 Lakh followed by 4.07 Lakh at 11700 Strike and 1.79 Lakh at 11800 strike and Put writing of 5.95 Lakh at 11600 Strike followed by 2.51 Lakh at 11700 Strike and 2.15 Lakh at 11500 strike. Index is closed near 11580 level. Index has resistance near 11625 level and if index crosses...
BN is very weak now ...bearish . I think BN ll not sustain 48600 level tomarrrow ....if it breaks level of 48560 .....it ll go to 48140 level . If BN Sustain 48600 level & shows buying then it ll go 48800 level . (My view) Thank you .
Hello Everyone. The market was bearish today. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 30 points as we are getting very few trending moves. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE...
Hello Everyone. The market was in a bearish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Book profits every 100 points as we are getting very few trending moves.
#Powergrid cash -Positional call 29.05.2024 Looks good above 320.10 Stoploss 310 Tgt 328-330/338-340 Cmp 317.70
Date : 17-May-2024 Rating : Buy - Positional Trade LTP : Rs. 2,756.65 Targets: Rs. 3,228 ++ SL : Rs. 2,525 on daily close basis Technical View: • After touching the high of 2,484.70 on 8-Sep-2023 during it's previous uptrend, NSE:MAZDOCK is moving in sideways since Sep-2023 between 2,525 and 1,742 levels as indicated by dark orange lines in above...