NSE:CNXFINANCE Maximum Call writing is at 22000 strike with 30.83 Lakh followed by 28.83 Lakh Call at 22200 Strike and 28.28 Lakh at 22300 strike. Maximum Put writing is at 26.82 Lakh at 21300 strike followed by 23.55 Lakh Put writing at 21200 strike and 20.53 Lakh at 21600 strike. Index closed near 21745 level. Index may face resistance near 21950 – 22000...
TCS is going for a Expected upside breakout.risky players buy above 3920.safers wait for breakout
PNB after breaking out of a Monthly resistance Trendline has been moving in a Parallel Channel from 30 January 24. It gave a false breakout and reversed from there. The next support would be the monthly trend line or the Bottom Trendline. Iam already invested and would be adding some more quantity @ around 120-122.
Jubilant food has been underperforming since few years. Stock has formed strong positive RSI divergence at confluence of supports. Above 500, reversal will start and above 600 , reversal will be confirmed. Valuation wise, not a good stock but RSI divergence stock are known to give quick, big moves. All positional traders shouldn't miss this stock
As we can see NIFTY had been sideways to negative as analysed in our previous analysis . Our view remains the same as long as NIFTY maintains itself below the median hence we may see more of correction till 22150 which is expected to act as a good SUPPORT being a GAP where supposed REVERSAL can be expected so plan your trades accordingly.
Hey Folks ! All the important levels are marked along with the description. These levels are marked for expected Uptrend. Strategy is simple. Entry point is the value buying area . Stoploss is the yellow line. Targets are the upper green lines. Club these levels with your analysis to have an edge. Dear Folks! If you find these analysis useful then boost the Ideas.
Indusind Bank has been moving in a rising parallel channel from 23 January 24. The difference between the lower trend line of the channel and the upper trend line of the channel is Rs 122 to Rs 130. On April 19 it bounced from the lower trend line. If you feel like taking a chance you can buy and look for an upside of Rs 90 atleast.
NSE:NIFTY_MID_SELECT Maximum Call writing of 23.50 Lakh is at 11200 strike followed by 23.11 Lakh at 11100 Strike and 19.09 Lakh at 11150 strike and Put writing of 16.21 Lakh at 11000 Strike followed by 14.89 Lakh at 11100 Strike and 12.45LLakh at 10900 strike. Index is closed near 11060 level. Index fell on Friday (03-05-2024) on rumour about increase in...
NSE:NIFTY Highest Call writing of 71.25 Lakh at 22800 Strike followed by 66.37 Lakh at 23000 Strike and 64.65 Lakh at 22700 strike. Maximum Put writing of 39.76 Lakh at 22500 Strike followed by 26.25 Lakh at 22200 strike and 25.63 Lakh at 22400 Strike. Index closed near 22475 level. Index fell on Friday (03-05-2024) on rumour about increase in Capital Gains...
as we can see, despite the new ATH, NIFTY faced strong rejection which led to the fall over 1 percent in the single day. the zone as of now has been tested multiple times now making it weaker hence no matter what new low NIFTY makes, if any more tests are done the we may see new ATH another unidirectional rally so plan your trades accordingly.
Ppl pharma witnessing a Falling trendline Breakout along with cup and handle Pattern on the weekly timeframe.
Kabra Extrusiontec Falling Trendline Breakout on Daily Timeframe
Bank of Maharastra is currently making a Rising wedge pattern. It is also making a shooting star at the upper line of the wedge signifying selling pressure.. The price if breaks out of the rising wedge in coming weeks can drop to 55 levels where it has support.
In the Weekly Chart of DELHIVERY , we can see that, after breakout, it has done a very strong consolidation. Also, now it has created a Hammer candle. Enter on breaking its high with low as SL.
Cartrade Tech (nse: CARTRADE) stock is near its trendline breakout on the weekly timeframe, indicating a potential momentum. It's not perfect, but looks like a cup and handle pattern.
Ongc safe players wait for breakout.risky players can buy above 284
Coromandal trendline breakout.1228 above is best for buy .
In this idea I am going to introduce you all my new concept for positional buying in the form of a simple strategy . I have noticed that many of new investors and traders enters in the market in random manner either they enter in a running candle or they enter by choosing some moving averages or RSI but whatever they choose to enter a trade they mostly miss the...