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Banknifty Intraday Analysis for 8th August 2024NSE:BANKNIFTY Index closed near 50120 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 51000 Strike – 11.30 Lakh 50000 Strike – 10.58 Lakh 50500 Strike – 8.08 Lakh Put Writing 50000 Strike – 11.01 Lakh 49000 Strike – 4.76 Lakh 49500 Strike – 4.38 Lakh Index has resistance near 50500 – 50700 range and if index crosses and sustain above 50700 level then may reach near 51000 – 51100 range. Index has immediate support near 49700 – 49600 range and if this support is broken then index may tank near 49200 – 49000 range and if 49000 support is broken then index may tank to 48500 – 48400 range.
NSE:BANKNIFTY
by RKMAURYA
Finnifty Intraday Analysis for 8th August 2024NSE:CNXFINANCE Index closed near 22805 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 23200 Strike – 4.71 Lakh 22800 Strike – 4.15 Lakh 23000 Strike – 2.56 Lakh Put Writing 22700 Strike – 3.20 Lakh 22800 Strike – 3.06 Lakh 22600 Strike – 1.96 Lakh Index has resistance near 23000 - 23100 range and if index crosses and sustain above 23100 level then may reach near 23250 - 23350 range. Upside moment is less likely to happen. Index has immediate support near 22400 level and if this support is broken then index may tank near 22100 – 22000 range.
NSE:CNXFINANCE
by RKMAURYA
Midnifty Intraday Analysis for 8th August 2024NSE:NIFTY_MID_SELECT Index closed near 12565 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 12500 Strike – 9.71 Lakh 12700 Strike – 6.52 Lakh 12500 Strike – 5.31 Lakh Put Writing 12500 Strike – 12.64 Lakh 12200 Strike – 11.56 Lakh 12300 Strike – 7.41 Lakh Index has immediate resistance near 12600 - 12625 range and if index crosses and sustain above 12625 level then may reach near 12775 level and if sustain above that then reach near 13000. Index has immediate support near 12450 – 12350 range and if this support is broken then index may tank near 12200 – 12000 range.
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by RKMAURYA
Mighty Nifty - Aug 8Price was moving within a range for the past three days and especially today we had a narrow range move. The patterns seen in chart are range formation, triple top resistance, trend line support and consolidation within the range near resistance zone. Range : Medium. Trend strength : Normal. Buy Above : 24340. Stop Loss : 24300. Targets : 24380, 24420, 24460 and 24520. Sell below : 24260. Stop Loss : 24300. Targets : 24220, 24180, 24140 and 24100. Check the live market updates. Hit the like button to Rock !! Show some energy !! 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.
NSE:NIFTY
by vanathi
8
SensexPrice was moving in a range for the past four days and now it is at trend line support. Price can bounce from it. Buy above 78880 with the stop loss of 78780 for the targets 78980, 79060, 79200, 79280 and 79420. Sell below 78680 with the stop loss of 78760 for the targets 78600, 78520, 78400 and 78280. Check the live market updates. Hit the like button to Rock !! Show some energy !! 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.
BSE:SENSEX
by vanathi
1
PARACABLES Trendline breakoutPARACABLES (CMP 85) is breaking out of trendline on weekly chart, Pretty decent volume in last couple of weeks.. RSI moved above 55, DMI are expanding on weekly chart with PDMI moving above 25. If it is closes above 87 by weekly closing tomorrow then looking good to go long with support below 69 DCB... P.S. I am not SEBI registered analyst, This post is for educational purpose only.. DYOR or consult your financial advisor before taking any action on this post...
NSE:PARACABLESLong
by Abhi_Katkar
HIMATSIEDE -TRENDLINE BREAKOUTHIMATSIEDE (CMP 150) is breaking out of trendline on weekly chart, Pretty decent volume in last couple of weeks.. RSI moved above 55, DMI crossover happened recently on weekly chart. Looking good to go long if it closes above CMP by weekly closing tomorrow with support below 125 DCB... P.S. I am not SEBI registered analyst, This post is for educational purpose only.. DYOR or consult your financial advisor before taking any action on this post...
NSE:HIMATSEIDELong
by Abhi_Katkar
Nifty Intraday Analysis for 7th August 2024NSE:NIFTY Index closed near 23990 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 25000 Strike – 130.17 Lakh 24800 Strike – 79.27 Lakh 24500 Strike – 66.70 Lakh Put Writing 24000 Strike – 65.59 Lakh 23500 Strike – 53.77 Lakh 23000 Strike – 52.65 Lakh Index has immediate support near 23900 – 23800 range and if 24800 support is broken then index may tank near 23450 – 24350 range. Index has resistance near 24225 – 24350 range and if index crosses and sustain above 24350 level then may reach near 24400 - 24500 range.
NSE:NIFTY
by RKMAURYA
Banknifty Intraday Analysis for 7th August 2024NSE:BANKNIFTY Index closed near 49750 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 51000 Strike – 41.58 Lakh 50500 Strike – 35.96 Lakh 51500 Strike – 34.18 Lakh Put Writing 49000 Strike – 23.35 Lakh 50000 Strike – 18.50 Lakh 49500 Strike – 16.12 Lakh Index has immediate support near 49600 – 49500 range and if this support is broken then index may tank near 49200 – 49000 range and if 49000 support is broken then index may tank to 48500 – 48400 range. Index has resistance near 50450 – 50750 range and if index crosses and sustain above 50750 level then may reach near 51000 – 51100 range.
NSE:BANKNIFTY
by RKMAURYA
Finnifty Intraday Analysis for 7th August 2024NSE:CNXFINANCE Index closed near 22520 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 23000 Strike – 2.36 Lakh 22800 Strike – 1.13 Lakh 22500 Strike – 1.11 Lakh Put Writing 22600 Strike – 1.22 Lakh 23000 Strike – 1.16 Lakh 22500 Strike – 1.00 Lakh Index has immediate support near 22400 level and if this support is broken then index may tank near 22100 – 22000 range. Index has resistance near 23000 - 23100 range and if index crosses and sustain above 23100 level then may reach near 23250 - 23350 range.
NSE:CNXFINANCE
by RKMAURYA
Bank Nifty - Aug 7After falling, price is moving within the range at the support zone. Price have to break the trend line resistance to move up. Pattern : Range. Range : Medium. Trend strength : Normal. Buy Above : 49860. Stop Loss : 49780. Targets : 49940, 50020, 50100, 50220 and 50400. Sell below : 49640. Stop Loss : 49720. Targets : 49580, 49500, 49380, 49300 and 49280. Check the live market updates. Hit the like button to Rock !! Show some energy !! 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.
NSE:BANKNIFTY
by vanathi
2
Is TURBOUSDT Poised for a Bullish Breakout or Bearish Move?Yello, Paradisers! Is TURBOUSDT about to break out into a small bullish move, or are we looking at a potential reversal? Let's dive into the analysis to see what the charts are telling us! 💎TURBOUSDT is currently forming an inverse head and shoulders pattern, a classic bullish signal. This pattern, coupled with the recent bullish reversal indicators, significantly increases the likelihood of an upward move. 💎 If the candle closes above resistant zone, the probability of a bullish move increases. 💎 If there's a pullback, we can anticipate a bounce from support zone, but we need to watch for a Change of Character (CHoCH) towards a bullish market structure in the lower time frames. This would confirm the bullish outlook and set the stage for targeting the upcoming resistance levels. 💎If the candle closes below the support zone, it invalidates the bullish thesis. 💎Given the current market uncertainty, I recommend using smaller positions than usual. This cautious approach will help manage risk effectively. If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities. MyCryptoParadise iFeel the success🌴
CRYPTO:TURBOUSDLong
by MyCryptoParadise_Nathan
Nifty Intraday Analysis for 6th August 2024NSE:NIFTY Index closed near 24055 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 25000 Strike – 108.01 Lakh 24800 Strike – 66.56 Lakh 24800 Strike – 46.70 Lakh Put Writing 24000 Strike – 62.41 Lakh 23500 Strike – 42.83 Lakh 24100 Strike – 31.37 Lakh Index has immediate support near 23900 – 23800 range and if 24800 support is broken then index may tank near 23450 – 24350 range. Upside moment is less likely to happen. Index has resistance near 24225 – 24350 range and if index crosses and sustain above 24350 level then may reach near 24400 - 24500 range. Upside moment is less likely to happen.
NSE:NIFTYShort
by RKMAURYA
Banknifty Intraday Analysis for 6th August 2024NSE:BANKNIFTY Index closed near 50090 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 51500 Strike – 23.12 Lakh 51000 Strike – 21.90 Lakh 50500 Strike – 20.26 Lakh Put Writing 50000 Strike – 23.42 Lakh 49000 Strike – 17.50 Lakh 49500 Strike – 14.16 Lakh Index has immediate support near 49700 – 49600 range and if this support is broken then index may tank near 49200 – 49000 range and if 49000 support is broken then index may tank to 48500 – 48400 range. Index has resistance near 50450 – 50750 range and if index crosses and sustain above 50750 level then may reach near 51000 – 51100 range. Upside moment is less likely to happen.
NSE:BANKNIFTYShort
by RKMAURYA
Finnifty Intraday Analysis for 6th August 2024NSE:CNXFINANCE Index closed near 22765 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24000 Strike – 27.47 Lakh 23500 Strike – 23.60 Lakh 23000 Strike – 22.26 Lakh Put Writing 22500 Strike – 22.40 Lakh 22000 Strike – 17.02 Lakh 22700 Strike – 13.07 Lakh Index has immediate support near 22400 level and if this support is broken then index may tank near 22100 – 22000 range. Index has resistance near 23000 - 23100 range and if index crosses and sustain above 23100 level then may reach near 23250 - 23350 range. Upside moment is less likely to happen.
NSE:CNXFINANCEShort
by RKMAURYA