Finnifty Intraday Analysis for 21st August 2024NSE:CNXFINANCE
Index closed near 23180 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23300 Strike – 2.57 Lakh
23500 Strike – 1.85 Lakh
23200 Strike – 1.65 Lakh
Put Writing
23200 Strike – 3.74 Lakh
23000 Strike – 2.22 Lakh
23100 Strike – 1.30 Lakh
Index has resistance near 23300 - 23350 range and if index crosses and sustain above 23350 level then may reach near 23500 - 23600 range.
Index has immediate support near 23050 – 23000 range and if this support is broken then index may tank near 22650 – 22550 range.
Trend Lines
Midnifty Intraday Analysis for 21st August 2024NSE:NIFTY_MID_SELECT
Index closed near 12870 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13200 Strike – 7.59 Lakh
13000 Strike – 5.87 Lakh
13100 Strike – 4.47 Lakh
Put Writing
12800 Strike – 8.01 Lakh
12700 Strike – 4.05 Lakh
12600 Strike – 3.41 Lakh
Index has immediate resistance near 13000 - 13100 range and if index crosses and sustain above 13100 level then may reach near 13200.
Index has immediate support near 12700 – 12650 range and if this support is broken then index may tank near 12500 – 12450 range.
Is TONUSDT About to Break Out? Here's What You Need to Know!Yello, Paradisers! Are you ready for what could be a major move in TONUSDT? Let's dive into the latest setup and see if it's time to take action.
💎TONUSDT has recently taken strong support from a key zone and has formed an inverse head and shoulders pattern—often a reliable indicator of an impending bullish move.
💎However, before we get too excited, the price is currently hovering near a critical resistive trendline and resistance zone. For this inverse head and shoulders pattern to truly play out, we need to see a decisive breakout above these levels, confirmed by a candle closing above both the trendline and resistance zone. This confirmation could pave the way for a solid bullish move.
💎But what if the price pulls back? If that happens, we might see a bounce from the support zone. For this scenario to play out, we need a clear I-CHoCH (Internal Change of Character) to signal a shift towards a bullish market structure.
💎On the flip side, if the price falls and closes below the support zone, it would invalidate our bullish outlook entirely.
The key to long-term profitability in trading is patience and waiting for the best, highest-probability opportunities. Stay disciplined, focused, and ready to act, Paradisers!
MyCryptoParadise
iFeel the success🌴
GOLD SHOWING A GOOD UP MOVE WITH 1:10RISK REWARD GOLD SHOWING A GOOD UP 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
BITCOIN SHOWING A GOOD UPWARD MOVE WITH 1:10 RISK REWARD BITCOIN SHOWING A GOOD 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 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
EURJPY SHOWING A GOOD UPWARDMOVE WITH 1:10 RISK REWARD EURJPY SHOWING A GOOD 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 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 20th August 2024NSE:NIFTY
Index closed near 24575 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 91.82 Lakh
24400 Strike – 54.80 Lakh
24800 Strike – 44.66 Lakh
Put Writing
24000 Strike – 59.03 Lakh
23900 Strike – 55.03 Lakh
24500 Strike – 52.61 Lakh
Index has resistance near 24650 – 24700 range and if index crosses and sustain above 24750 level then may reach near 24850 - 24950 range.
Index has immediate support near 24450 – 24400 range and if 24400 support is broken then index may tank near 24200 – 24100 range.
Banknifty Intraday Analysis for 20th August 2024NSE:BANKNIFTY
Index closed near 50370 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
50500 Strike – 29.15 Lakh
51000 Strike – 27.59 Lakh
51500 Strike – 19.18 Lakh
Put Writing
50000 Strike – 21.77 Lakh
50500 Strike – 15.07 Lakh
49500 Strike – 14.78 Lakh
Index has resistance near 50850 – 51000 range and if index crosses and sustain above 51100 level then may reach near 51600 – 51800 range.
Index has immediate support near 50150 – 50000 range and if this support is broken then index may tank near 49650 - 49500 range.
Finnifty Intraday Analysis for 20th August 2024NSE:CNXFINANCE
Index closed near 22925 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23500 Strike – 28.66 Lakh
23000 Strike – 23.30 Lakh
23200 Strike – 20.71 Lakh
Put Writing
22400 Strike – 17.67 Lakh
22700 Strike – 14.92 Lakh
22500 Strike – 13.46 Lakh
Index has resistance near 23150 - 23250 range and if index crosses and sustain above 23250 level then may reach near 23500 - 23600 range.
Index has immediate support near 22800 – 22650 range and if this support is broken then index may tank near 22500 – 22400 range.
Midnifty Intraday Analysis for 20th August 2024NSE:NIFTY_MID_SELECT
Index closed near 12730 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13200 Strike – 5.79 Lakh
13000 Strike – 3.67 Lakh
12800 Strike – 3.38 Lakh
Put Writing
12500 Strike – 4.38 Lakh
12700 Strike – 3.60 Lakh
12800 Strike – 2.70 Lakh
Index has immediate resistance near 12800 - 12825 range and if index crosses and sustain above 12825 level then may reach near 13000.
Index has immediate support near 12650 – 12600 range and if this support is broken then index may tank near 12450 – 12400 range.
BTCUSD SHOWING A GOOD UP MOVE WITH 1:6 RISK REWARDBTCUSD SHOWING A GOOD D
UP MOVE WITH 1:6 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
PCBL - Bullish viewReasons to buy:
1. Stock is trading at all time high. Breakout in one day chart has already occurred.
2. Buying at retest.
I have entered the trade at market level.
All my trades are strictly for educational purpose. Please do your own analysis before entering the trade. I am not responsible for your profit or loss.
XAUUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARDXAUUSD SHOWING A GOOD DOWN MOVE WITH 1:7 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 1:7 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
FLAG-POLE pattern in smaller time frame..?As we can see NIFTY has formed more like a flag-pole pattern which is also a bullish continuation pattern but it is currently trading at MAKE or BREAK level hence as long as NIFTY manages to sustain itself above the given trendline it can lead to strong short covering else we may see another sideways to negative market in coming trading sessions so plan your trades accordingly.
Nifty Intraday Analysis for 19th August 2024NSE:NIFTY
Index closed near 24440 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 75.62 Lakh
24900 Strike – 36.62 Lakh
24500 Strike – 35.96 Lakh
Put Writing
24500 Strike – 45.02 Lakh
24000 Strike – 44.03 Lakh
24400 Strike – 40.57 Lakh
Index has resistance near 24650 – 24700 range and if index crosses and sustain above 24750 level then may reach near 24850 - 24950 range.
Index has immediate support near 24350 – 24300 range and if 24300 support is broken then index may tank near 24200 – 24100 range.
Banknifty Intraday Analysis for 19th August 2024NSE:BANKNIFTY
Index closed near 50515 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
52000 Strike – 17.20 Lakh
50500 Strike – 17.15 Lakh
51500 Strike – 15.72 Lakh
Put Writing
50000 Strike – 20.09 Lakh
49000 Strike – 18.07 Lakh
49500 Strike – 14.41 Lakh
Index has resistance near 50850 – 51000 range and if index crosses and sustain above 51100 level then may reach near 51600 – 51800 range.
Index has immediate support near 50150 – 50000 range and if this support is broken then index may tank near 49650 - 49500 range.
Finnifty Intraday Analysis for 19th August 2024NSE:CNXFINANCE
Index closed near 22975 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23000 Strike – 13.18 Lakh
23500 Strike – 7.98 Lakh
23200 Strike – 7.71 Lakh
Put Writing
22600 Strike – 7.77 Lakh
22300 Strike – 7.71 Lakh
22700 Strike – 7.63 Lakh
Index has resistance near 23150 - 23250 range and if index crosses and sustain above 23250 level then may reach near 23500 - 23600 range.
Index has immediate support near 22650 – 22500 range and if this support is broken then index may tank near 22150 – 22100 range.
Midnifty Intraday Analysis for 19th August 2024NSE:NIFTY_MID_SELECT
Index closed near 12725 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13000 Strike – 27.12 Lakh
12900 Strike – 22.64 Lakh
12700 Strike – 14.62 Lakh
Put Writing
12500 Strike – 21.36 Lakh
12700 Strike – 17.67 Lakh
12600 Strike – 17.13 Lakh
Index has immediate resistance near 12775 - 12825 range and if index crosses and sustain above 12825 level then may reach near 13000.
Index has immediate support near 12450 – 12400 range and if this support is broken then index may tank near 12200 – 12000 range.