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Nifty Intraday Analysis for 27th November 2024NSE:NIFTY Index closed near 24195 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24500 Strike – 92.52 Lakh 24300 Strike – 81.50 Lakh 24400 Strike – 57.67 Lakh Put Writing 24000 Strike – 65.25 Lakh 24300 Strike – 51.09 Lakh 24200 Strike – 45.40 Lakh Index has resistance near 24300 – 24330 range and if index crosses and sustains above this level then may reach near 24450 - 24500 range. Index has immediate support near 24050 – 23950 range and if this support is broken then index may tank near 23850 – 23800 range.
NSE:NIFTY
by RKMAURYA
Banknifty Intraday Analysis for 27th November 2024NSE:BANKNIFTY Index closed near 52190 level and Maximum Call and Put Writing near CMP as below in current Monthly contract: Call Writing 53000 Strike – 31.41 Lakh 52500 Strike – 21.70 Lakh 52200 Strike – 20.57 Lakh Put Writing 51000 Strike – 31.80 Lakh 52000 Strike – 26.73 Lakh 51500 Strike – 20.16 Lakh Index has resistance near 52500 – 52600 range and if index crosses and sustains above this level then may reach near 53000 – 53200 range. Index has immediate support near 51650 - 51550 range and if this support is broken then index may tank near 51100 - 51000 range.
NSE:BANKNIFTYLong
by RKMAURYA
Finnifty Intraday Analysis for 27th November 2024NSE:CNXFINANCE Index closed near 24045 level and Maximum Call and Put Writing near CMP as below in December Month contract: Call Writing 24000 Strike – 0.63 Lakh 25000 Strike – 0.23 Lakh 24500 Strike – 0.11 Lakh Put Writing 24000 Strike – 0.75 Lakh 23000 Strike – 0.12 Lakh 23500 Strike – 0.09 Lakh Index has resistance near 24250 - 24350 range and if index crosses and sustains above this level then may reach near 24500 - 24550 range. However, Index has immediate support near 23750 – 23650 range and if this support is broken then index may tank near 23400 – 23300 range.
NSE:CNXFINANCELong
by RKMAURYA
Midnifty Intraday Analysis for 27th November 2024NSE:NIFTY_MID_SELECT Index closed near 12570 level and Maximum Call and Put Writing near CMP as below in December Month contract: Call Writing 13000 Strike – 1.75 Lakh 12600 Strike – 1.51 Lakh 12500 Strike – 1.04 Lakh Put Writing 12500 Strike – 1.52 Lakh 12600 Strike – 1.20 Lakh 12550 Strike – 0.44 Lakh Index has immediate resistance near 12750 – 12800 range and if index crosses and sustains above this level then may reach 12950 – 13000 range. Index has immediate support near 12350 – 12300 range and if this support is broken then index may tank near 12200 – 12150 range.
NSE:NIFTY_MID_SELECTLong
by RKMAURYA
#Angelone - Stock outlook !!NSE:ANGELONE Key Points: Trends: Two trendlines are plotted: Upward trendline (dotted line): Displays the earlier uptrend in the stock's graph (higher lows). Downward trendline (descending resistance): indicates the resistance level that forms when the stock starts to drop from its recent highs. Important Information: Support Level at ₹2701.45: This flat black line shows an important area where the stock went back up or stayed the same before. It's a strong place where buyers are active. Resistance Zone at ₹3367.80 – ₹3393.00: It is the highest zone. It is the targeted range as indicated on the chart. This has been an important resistance in the context of previous price actions. Fake-Out Indication: There is a fake-out noted just below the horizontal support line of ₹2701.45. That means that the price did fall briefly below the support but quickly reverted, and hence the bearish breakout is not valid. Breakout. The stock seems to be going above the downward trendline, which could mean a possible upward breakout if it continues. Future Expectations: Bullish Scenario (Orange Rectangle): If the breakout stays above the downward trendline, it may drive the stock up to the resistance zone of ₹3367.80–₹3393.00. Bearish Scenario (Arrow pointing down): If the breakout does not work and the price goes back below ₹2701.45, it might show a strong trend downward toward the next support levels (for example, ₹2025.00). Explanation: Trend Reversal: Stock, breaking the downward trendline above indicates that the stock is on a changing pattern, from the decline, and probably into an uptrend. Artifactual Meaning: The fake-out close to ₹2701.45 shows how important support zones are. It shows that buyers took charge again after a first drop in price. Possible Risk and Benefit: Traders could expect a bounce towards the orange area, or resistance zone, if the breakout is valid. Stop-loss levels are likely set below ₹2701.45 to risk manage. Useful Information: For a bull trade, Wait for confirmation of the breakout, like the daily close above the trendline. Target: ₹3300–₹3393 range. Stop Loss: ₹ 2700. For a bearish trade: It could again begin a downtrend if prices go back into ₹2701.45. Target: ₹2300 or less. Stop Loss: Above ₹2800. This chart shows a mix of price movements with false signals, trendline breaks, and important levels. It gives positive and negative scenarios based on how the stock acts around these levels. Ps note: NOT A SEBI REGISTERE. ANY QUERIES @thetradeforecast :)
NSE:ANGELONELong
by thetradeforecast
1
Uptrend Cont. Forward in Lauruslabs on Weekly TF.NSE:LAURUSLABS is in a beautiful Uptrend lately on a Weekly Timeframe, With Aggressive Delivery based Buying and a Long Buildup in Futures today. 🙋‍♀️🙋‍♂️If you have any questions about this stock, feel free to reach out to me. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:LAURUSLABSLong
by Karanshah137
#nifty50 - 28th November!!NSE:NIFTY Understand the chart, observe the chart, then implement 👍🏻 Chart contains support and resistance levels ( understand how it works 👇🏻) Support and resistance are key concepts in technical analysis used to identify potential price levels where assets may reverse or stall. Support: -Definition: A support level is a price point where buying interest is strong enough to overcome selling pressure, preventing the price from falling further. - Indicators: Support levels can be identified through historical price data, trend lines, or moving averages. - Behavior: When a price approaches support, it may bounce back up. If broken, it can become a new resistance level. Resistance: - Definition: A resistance level is a price point where selling interest is strong enough to overcome buying pressure, preventing the price from rising further. - Indicators: Similar to support, resistance levels can be identified through past price action, trend lines, or moving averages. - Behavior: When the price approaches resistance, it may retreat. If broken, it can turn into a new support level. Importance: - Trade Decisions: Traders use these levels to make buy or sell decisions, set stop-loss orders, and identify potential profit targets. - Market Psychology: Support and resistance levels reflect market sentiment and the balance between supply and demand. Understanding these concepts can enhance trading strategies and improve decision-making.
NSE:NIFTY
by thetradeforecast
1
MY first choice IDFC FIRST BANK IDFC FIRST BANK have previous records and pattern and that repeat again Technical points 1 - down rising channel 2- Strong support on bottom 3 - hold the top of fab. point 4 previous bull run was came when is go down in channel pattern First channel performance Date 31-jan-2022 to 6-dec-2022 first reached on top of 50 and came down 28 in the channel when given reversal to 62 second channel performance 6-dec-2022 to 5-sep-2023 on the top of 62 he came down and reached 52 and than get reversal and make top of 100 third 6-sep-2023 to 27-november today now its reached at same price of 62 and create bottom now we looking for a fresh reversal and channel breakout First TRG - 86 Second TRG -98 & 102 Third TRG 120 and above 140 SL 48 only for the long term time duration minimum 1 year
NSE:IDFCFIRSTBLong
by Share-Mechanic
BEARISH FLAG IN BANK NIFTY - TIME FOR A SHORT TRADE ?Symbol - BANKNIFTY CMP 51350 BankNifty has turned its trend from bullish to bearish & sideways making lows - lows on daily time frame & It was trading in a bearish channel. We can see a Bearish Flag pattern getting formed in BankNifty. Such patterns on larger time frame don't usually fail. BankNifty is currently trading near break down trendline of this pattern. Breakdown & sustaining below this trendline zone 51150 - 51000 will get this pattern activated & we can see big target towards downside. Target on downside can be 47400 P.S. : My short position is already active from 51800 Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
NSE:BANKNIFTYShort
by akshit_official
3
#TRITURBINE Breaks Out with Strong Volume!📊 Stock Analysis: #TRITURBINE Breaks Out with Strong Volume! 📊 📈 Big Breakout Alert: After a 4-month consolidation since its last breakout, #TRITURBINE has finally broken out with huge volume support, signaling a potential bullish rally ahead. The momentum suggests the breakout could lead to a nice bull run, with the possibility of retesting resistance levels along the way. 💡 Q2 Results Boost Confidence: The recently announced Q2 results, showing a net rise in performance, have further triggered investor focus, adding to the bullish sentiment. This combination of technical and fundamental strength makes it a stock to watch. 🔥 📌 Pro Tip: Watch for a potential retest of the breakout level and follow a strict stop loss to manage risks effectively. 📢 Disclaimer: This analysis is for educational purposes only. Always conduct your own research and consult with a financial advisor before making investment decisions. 💼 #StockMarket #TRITURBINE #BreakoutStocks #MomentumTrade #Q2Results #InvestSmart
NSE:TRITURBINELong
by nemi-chand
GOLD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARD GOLD SHOWING A GOOD UP MOVE WITH 1:8 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
FX:XAUUSDLong
by tradergyan01
7
#banknifty - 27th November!!NSE:BANKNIFTY Observe the chart, understand the chart, then implement the chart. Chart contains support and resistance levels ( understand how it works 👇🏻) Support and resistance are key concepts in technical analysis used to identify potential price levels where assets may reverse or stall. Support: -Definition: A support level is a price point where buying interest is strong enough to overcome selling pressure, preventing the price from falling further. - Indicators: Support levels can be identified through historical price data, trend lines, or moving averages. - Behavior: When a price approaches support, it may bounce back up. If broken, it can become a new resistance level. Resistance: - Definition: A resistance level is a price point where selling interest is strong enough to overcome buying pressure, preventing the price from rising further. - Indicators: Similar to support, resistance levels can be identified through past price action, trend lines, or moving averages. - Behavior: When the price approaches resistance, it may retreat. If broken, it can turn into a new support level. Importance: - Trade Decisions: Traders use these levels to make buy or sell decisions, set stop-loss orders, and identify potential profit targets. - Market Psychology: Support and resistance levels reflect market sentiment and the balance between supply and demand. Understanding these concepts can enhance trading strategies and improve decision-making.
NSE:BANKNIFTY
by thetradeforecast
1
Nifty Intraday Analysis for 26th November 2024NSE:NIFTY Index closed near 24220 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24500 Strike – 80.07 Lakh 24300 Strike – 75.08 Lakh 24200 Strike – 43.27 Lakh Put Writing 24300 Strike – 59.06 Lakh 24000 Strike – 58.08 Lakh 24200 Strike – 43.56 Lakh Index has resistance near 24300 – 24550 range and if index crosses and sustains above this level then may reach near 24500 - 24550 range. Index has immediate support near 24050 – 23950 range and if this support is broken then index may tank near 23850 – 23800 range.
NSE:NIFTYLong
by RKMAURYA
Banknifty Intraday Analysis for 26th November 2024NSE:BANKNIFTY Index closed near 52205 level and Maximum Call and Put Writing near CMP as below in current Monthly contract: Call Writing 53000 Strike – 25.07 Lakh 52000 Strike – 20.41 Lakh 52500 Strike – 19.08 Lakh Put Writing 51000 Strike – 25.50 Lakh 52000 Strike – 19.87 Lakh 51500 Strike – 18.66 Lakh Index has resistance near 52500 – 52600 range and if index crosses and sustains above this level then may reach near 53000 – 53200 range. Index has immediate support near 51650 - 51550 range and if this support is broken then index may tank near 51100 - 51000 range.
NSE:BANKNIFTYLong
by RKMAURYA