Trend Lines
BANKNIFTY FOR 18 SEP#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
NOTE : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
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NIFTY FIN SERVICE FOR 18 SEP#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
NOTE : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Please Give A Like If You Like
NIFTY FOR 18 SEP#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
NOTE : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Please Give A Like If You Like
BlueDart Express - Daily Trendline Break - Target of 9600+BlueDart has breached its daily down trendline. We can see good volumes as well. The target here is 9600+. We can wait for a pull back and it should not breach the trendline. Other factors:
1. RSI is above 60
2. MACD is on the verge of making a green histograms
Good risk ratio on this trade.
"Clean Charts, Easy Charts"
Learning & Earning!!!
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SLUGGISH as analysed.As we can see BANKNIFTY remained sideways to negative throughout the day as analysed in our last post as it was trading at crucial zone. Hence our view remains intact as it can remain sideways to negative in coming sessions until BANKNIFTY breaks last swing high so plan your trades accordingly.
EURUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD EURUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Nifty Intraday Analysis for 17th September 2024NSE:NIFTY
Index closed near 25385 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
26000 Strike – 95.50 Lakh
25400 Strike – 50.10 Lakh
25500 Strike – 46.85 Lakh
Put Writing
25000 Strike – 60.10 Lakh
25200 Strike – 44.94 Lakh
25300 Strike – 38.84 Lakh
Index has resistance near 25450 – 25500 range and if index crosses and sustains above 25550 level then may reach near 25650 - 25700 range.
Index has immediate support near 25250 – 25200 range and if 25200 support is broken then index may tank near 25000 – 24900 range.
Banknifty Intraday Analysis for 17th September 2024NSE:BANKNIFTY
Index closed near 52155 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
53000 Strike – 26.55 Lakh
52500 Strike – 21.21 Lakh
53500 Strike – 16.70 Lakh
Put Writing
51000 Strike – 27.77 Lakh
51500 Strike – 22.49 Lakh
52000 Strike – 19.30 Lakh
Index has resistance near 52450 – 52500 range and if index crosses and sustains above 52500 level then may reach near 52800 – 52900 range.
Index has immediate support near 51800 – 51700 range and if this support is broken then index may tank near 51400 - 51300 range.
Finnifty Intraday Analysis for 17th September 2024NSE:CNXFINANCE
Index closed near 23990 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24500 Strike – 25.58 Lakh
24000 Strike – 24.98 Lakh
24200 Strike – 19.82 Lakh
Put Writing
23500 Strike – 21.72 Lakh
23800 Strike – 19.05 Lakh
23600 Strike – 17.97 Lakh
Index has resistance near 24000 - 24100 range and if index crosses and sustains above 24100 level then may reach near 24300 - 24350 range.
Index has immediate support near 23900 – 23840 range and if this support is broken then index may tank near 23750 – 23700 range.
Midnifty Intraday Analysis for 17th September 2024NSE:CNXFINANCE
Index closed near 13275 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13300 Strike – 6.33 Lakh
13500 Strike – 3.97 Lakh
13400 Strike – 3.91 Lakh
Put Writing
13300 Strike – 5.45 Lakh
13200 Strike – 2.36 Lakh
13250 Strike – 1.61 Lakh
Index has immediate resistance near 13400- 13500 range and if index crosses and sustains above 13500 level then may reach 13650 – 13700 range.
Index has immediate support near 13250 – 13200 range and if this support is broken then index may tank near 13050– 13000 range.
NAS100 SHOWING A GOOD UP MOVE WITH 1:5 RISK REWARD NAS100 SHOWING A GOOD UP MOVE WITH 1:5 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
XAUUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD XAUUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
BANKNIFTY FOR 17 SEP#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
NOTE : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Please Give A Like If You Like
NIFTY FIN SERVICE FOR 17 SEP#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
NOTE : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Please Give A Like If You Like
NIFTY FOR 17 SEP#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
NOTE : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Please Give A Like If You Like
IFCI - Multiyear Breakout - MonthlyIFCI - Multiyear Breakout - Monthly
Multi-Year Breakout: The chart indicates a multi-year breakout with strong volume, suggesting a potential long-term uptrend.
16yrs high Breakout: Neckline marking a 16yrs breakout, which could be a shorter-term confirmation of the trend.
Support Level: The low of the breakout candle is marked as a support level at 59, which can be a critical point to watch for potential pullbacks.
This setup looks promising for those interested in technical analysis and long-term investments.
IFCI, previously known as Industrial Finance Corporation of India, is an Indian Government owned non banking finance company established to cater to the long-term finance needs of the industrial sector.
IFCI Ltd. recently announced its Q1 results for the period ending June 30, 2024. Here are the key highlights:
Revenue: The company reported a revenue of ₹4,051.2 million, up from ₹3,243.6 million in the same quarter last year.
Net Loss: The net loss decreased to ₹1,082 million from ₹1,399.8 million year-over-year (YoY), marking a 24.64% improvement.
Earnings Per Share (EPS): The EPS for Q1 stands at ₹-0.44, a decrease of 4.34% YoY2.
Operating Income: Despite a 90.05% quarter-over-quarter (QoQ) decline, the operating income increased by 106.82% YoY.
SG&A Expenses: Selling, General & Administrative expenses saw a reduction of 29.44% QoQ and 8.04% YoY.
These results indicate that while IFCI has made significant annual progress, it faced challenges in the most recent quarter. The reduction in SG&A expenses suggests improved operational efficiency, but the decline in EPS highlights ongoing profitability challenges
UMAEXPORTS Giving a Strong BreakoutUMAEXPORTS Giving a Strong Breakout
About:
Uma Exports Ltd. engages in the marketing and sale of agricultural produce and commodities. Its products include sugar, spices like dry red chilies; turmeric; coriander; cumin seeds; food grains like rice, wheat, corn, sorghum and tea; pulses; and agricultural feed like soy bean meal, and rice bran de-oiled cake. The company was founded on March 9, 1988 and is headquartered in Kolkata, India.
Stoploss - Below the BO Candle
Target - Exit half at 10 - 15% and Trail the Remaining