NSE:BANKNIFTY ANALYSIS FOR TOMORROW 🔺 ❇️ IMPORTANT LEVELS 🚀 ❇️ Support: 51118-50950-50780 ❇️ Resistance : 51344-51455-51620 👉🏻 PURPLE LINE : 51230 is a key level, above buying, Below selling. 👉🏻 @thetradeforecast 🇮🇳
As we can see BANKNIFTY did managed to show strong upmove after opening strong above the trendline resistance but ended up closing below the trendline with big wick above forming more like a bearish hammer showing signs of weakness. Hence as long as BANKNIFTY doesn’t sustains itself above the trendline, every rise can be sold so plan your trades accordingly.
We look at three things in BankNifty: 1. Whether to go Long or Short, & why 2. Timeline of the trade. 3. Components of BankNifty & their analysis.
XAUUSD SHOWING A UPWARD 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...
I daily make educational content videos for swing / positional trading
NSE:NIFTY Index closed near 24825 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 25000 Strike – 65.69 Lakh 25500 Strike – 59.53 Lakh 24800 Strike – 57.13 Lakh Put Writing 24800 Strike – 70.33 Lakh 24500 Strike – 69.41 Lakh 24700 Strike – 51.46 Lakh Index has resistance near 24875 – 24900 range and if index...
NSE:BANKNIFTY Index closed near 50935 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 51000 Strike – 32.90 Lakh 52000 Strike –26.88 Lakh 51500 Strike – 23.44 Lakh Put Writing 51000 Strike – 23.63 Lakh 50500 Strike – 18.54 Lakh 50000 Strike – 21.59 Lakh Index has resistance near 51100 – 51200 range and if...
NSE:CNXFINANCE Index closed near 23230 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 23500 Strike – 8.52 Lakh 23300 Strike – 7.18 Lakh 23400 Strike – 6.84 Lakh Put Writing 23000 Strike – 7.84 Lakh 23200 Strike – 7.61 Lakh 23250 Strike – 5.28 Lakh Index has resistance near 23300 - 23350 range and if index...
NSE:NIFTY_MID_SELECT Index closed near 12960 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 13100 Strike – 27.51 Lakh 13000 Strike – 24.89 Lakh 13200 Strike – 23.56 Lakh Put Writing 12700 Strike – 18.45 Lakh 12800 Strike – 17.91 Lakh 12900 Strike – 16.30 Lakh Index has immediate resistance near 13050 - 13100...
Tata power is ready to give breakout of ATH. Stock has bounced from trendline support and might continue the bull run in coming weeks. However, since market is overstretched, keep booking profits quickly. Keep in watchlist. Not a recommendation
#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...
#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...
Hello traders today i want to share an Educational post about Opening range breakout a very common and old strategy used by many traders and it's still pretty effective Good breakout is observed in the 15m timeframe. This index is a fantastic compounder and has excellent fundamentals and technicals. There is an immediate upside NOTE- Only for Education Purpose....
*SWING TRADE* BUy PVR above 1423 SL 1344 Target 1: 1544 Target 2: 1582 Target 3: 1663 Target 4: 1823 Duration 2-3 months Trade as per your risk rewards
RADICO | Channel Pattern Breakout | Swing Trade Chart Description 1) Channel Pattern Breakout 2) Good Volume support 3) EMA 100 support
Jindal Steel & Power Cmp 918 dated 12-8-2024 1. Hammer Candle @ support Buy above 921 target 935-950-960-975 SL 900 It is just a view, please trade at your own risk.
LOVABLE | Ascending Triangle Breakout | Swing Trade Chart Analysis 1) Ascending Triangle Breakout 2) Breakout after long time 3) EMA 100 support after breakout
Jewelry stocks breaking out. Titan, Kalyan Jewelers, Goldiam International are the favorite stocks. Weekly chart RSI has also broken out