NSE:NIFTY Highest Call writing of 92.93 Lakh at 22500 Strike followed by 74.94 Lakh at 22700 Strike and 72.23 Lakh at 22600 strike. Maximum Put writing of 68.98 Lakh at 22000 Strike followed by 61.29 Lakh at 21800 strike and 43.88 Lakh at 22300 Strike. Index closed near 22300 level. Index has strong support near 22225 level and if this support is broken then...
NSE:NIFTY Highest Call writing of 124.52 Lakh at 22800 Strike followed by 110.43 Lakh at 22500 Strike and 107.09 Lakh at 22700 strike. Maximum Put writing of 91.13 Lakh at 22000 Strike followed by 56.08 Lakh at 22200 strike and 55.48 Lakh at 22300 Strike. Index closed near 22300 level. Index may reach near 22500 level if crosses and sustain above 22370...
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.
As we can see we saw the bearishness we expected and analysed in our previous post. We also saw it taking support at our trendline which could possible act as a strong SUPPORT and hence as long as NIFTY is taking support we can see a strong upmove. No donwside can be planned now as long as the structure is maintained so plan your trades accordingly
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
Ongc safe players wait for breakout.risky players can buy above 284
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
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.
As we can see NIFTY despite its weakness managed to close itself in green and inside the trendline as expected and analysed in our previous analysis. Now we can start making new long positions keeping SL at the lows of previous candle for a minimum of 1:3 positional basis. Plan your trades accordingly.
Prakash Pipes in buying range it has a good fundamentals and quarterly results are yet to be declared and also it is forming an triangle pattern.
Incoming breakout in dynamic cables. A good fundamental stock and in good buying range. Save this chart
Investing in futuristic stocks is always an great opportunity KPIT has already gave an breakout but it is still buying/consolidation range
As we are experiencing a bearish market, right now I see an opportunity to buy DCM SHRIRAM as quarterly results are yet to release and also the elections are being declared in few weeks. Also this is an weekly chart. I see a very bullish move here coming.
Few months ago I bought olectra greentech at 1350, it crossed 2000 and now is trading near 1650. Olectra's quarterly results were declined and now we have an opportunity to buy and there will be a breakout soon in it, also fundamentals are great I have more confidence in it
NSE:BANKNIFTY Highest Call writing of 14.23 Lakh at 48000 strike followed by 13.20 Lakh at 48500 strike and 11.14 Lakh at 49000 strike. Highest Put writing of 14.05 Lakh at 48000 strike followed by 6.14 Lakh at 47800 strike and 6.00 Lakh at 47500 strike. Index closed near 48020 level. Index may reach 48500 – 48625 if crosses and sustain above 22250...
NSE:CNXFINANCE Maximum Call writing is at 22000 strike with 7.51 Lakh followed by 5.24 Lakh Call at 21500 Strike and 4.52 Lakh at 21600 strike. Maximum Put writing is at 2.92 Lakh at 21500 strike followed by 2.58 Lakh Put writing at 21400 strike and 2.20 Lakh at 21450 strike. Index closed near 21425 level. Index is facing resistance near 21550 – 21600 level...
NSE:NIFTY_MID_SELECT Maximum Call writing of 9.98 Lakh is at 11100 strike followed by 8.90 Lakh at 11000 Strike and 7.96 Lakh at 11200 strike and Put writing of 11.26 Lakh at 10800 Strike followed by 8.34 Lakh at 10600 Strike and 8.16 Lakh at 10500 strike. Index is closed near 10925 level. Index is facing resistance near 10950 – 11000 level. If index crosses...