BTCUSD SHOWING A GOOD D UP MOVE WITH 1:7 RISK REWARDBTCUSD SHOWING A GOOD
UP 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
Trend Lines
Nifty Intraday Analysis for 18th October 2024NSE:NIFTY
Index closed near 24750 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 53.45 Lakh
25500 Strike – 29.80 Lakh
24800 Strike – 24.87 Lakh
Put Writing
24800 Strike – 22.58 Lakh
24500 Strike – 22.38 Lakh
25000 Strike – 18.09 Lakh
Index has resistance near 24900 – 25000 range and if index crosses and sustains above this level then may reach near 25150 - 25200 range.
Index has immediate support near 24700 – 24650 range and if this support is broken then index may tank near 24500 – 24450 range.
Banknifty Intraday Analysis for 18th October 2024NSE:BANKNIFTY
Index closed near 51290 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
52000 Strike – 28.79 Lakh
53000 Strike – 19.67 Lakh
51500 Strike – 14.68 Lakh
Put Writing
51000 Strike – 11.60 Lakh
51500 Strike – 11.10 Lakh
50000 Strike – 9.61 Lakh
Index has resistance near 51600 – 51700 range and if index crosses and sustains above this level then may reach near 52000 – 52200 range.
Index has immediate support near 51000 - 50900 range and if this support is broken then index may tank near 50500 - 50400 range.
Finnifty Intraday Analysis for 18th October 2024NSE:CNXFINANCE
Index closed near 23585 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24000 Strike – 8.20 Lakh
23900 Strike – 7.45 Lakh
24300 Strike – 5.21 Lakh
Put Writing
23100 Strike – 3.34 Lakh
23000 Strike – 2.82 Lakh
23600 Strike – 2.77 Lakh
Index has resistance near 23850 - 24000 range and if index crosses and sustains above this level then may reach near 24200 - 24250 range.
Index has immediate support near 24500 – 24450 range and if this support is broken then index may tank near 24300 – 24250 range.
Midnifty Intraday Analysis for 18th October 2024NSE:NIFTY_MID_SELECT
Index closed near 12990 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13200 Strike – 19.99 Lakh
13500 Strike – 17.53 Lakh
13100 Strike – 14.95 Lakh
Put Writing
13000 Strike – 14.61 Lakh
12800 Strike – 8.81 Lakh
13100 Strike – 7.39 Lakh
Index has immediate resistance near 13150 - 13250 range and if index crosses and sustains above this level then may reach 13350 – 13400 range.
Index has immediate support near 12900 – 12950 range and if this support is broken then index may tank near 12800 – 12750 range.
NAS100 SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARDNAS100 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
We are still above our trendline support !!As we can despite the weakness we managed to close above our trendline support and also our psychological level of 51000 hence as long as this level is protected every dip can be bought hence any flat to strong opening can lead to strong upmove but weakness might be seen if yesterdays low is broken below so plan your trades accordingly
Nifty Intraday Analysis for 17th October 2024NSE:NIFTY
Index closed near 24970 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25500 Strike – 115.91 Lakh
25200 Strike – 101.49 Lakh
25000 Strike – 89.50 Lakh
Put Writing
24500 Strike – 65.98 Lakh
25000 Strike – 58.70 Lakh
24800 Strike – 54.30 Lakh
Index has resistance near 25000 – 25100 range and if index crosses and sustains above this level then may reach near 25250 - 25300 range.
Index has immediate support near 24850 – 24800 range and if this support is broken then index may tank near 24700 – 24650 range.
Banknifty Intraday Analysis for 17th October 2024NSE:BANKNIFTY
Index closed near 51800 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
52000 Strike – 16.68 Lakh
53000 Strike – 9.20 Lakh
52500 Strike – 6.12 Lakh
Put Writing
52000 Strike – 10.79 Lakh
51000 Strike – 7.63 Lakh
51500 Strike – 7.01 Lakh
Index has resistance near 52000 – 52100 range and if index crosses and sustains above this level then may reach near 52600 – 52600 range.
Index has immediate support near 51650 – 51500 range and if this support is broken then index may tank near 51000 - 50900 range.
Finnifty Intraday Analysis for 17th October 2024NSE:CNXFINANCE
Index closed near 23880 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24000 Strike – 5.24 Lakh
23900 Strike – 2.96 Lakh
24500 Strike – 2.37 Lakh
Put Writing
23900 Strike – 4.04 Lakh
23800 Strike – 1.84 Lakh
24000 Strike – 1.81 Lakh
Index has resistance near 23950 - 24050 range and if index crosses and sustains above this level then may reach near 24200 - 24250 range.
Index has immediate support near 23750 – 23650 range and if this support is broken then index may tank near 24500 – 24450 range.
Midnifty Intraday Analysis for 17th October 2024NSE:NIFTY_MID_SELECT
Index closed near 13145 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13200 Strike – 11.48 Lakh
13500 Strike – 9.15 Lakh
13100 Strike – 7.40 Lakh
Put Writing
13100 Strike – 10.57 Lakh
13000 Strike – 9.56 Lakh
12900 Strike – 5.72 Lakh
Index has immediate resistance near 13200 - 13250 range and if index crosses and sustains above this level then may reach 13350 – 13400 range.
Index has immediate support near 13050 – 13000 range and if this support is broken then index may tank near 12900 – 12850 range.
BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARDBTCUSD 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
Nifty Intraday Analysis for 16th October 2024NSE:NIFTY
Index closed near 25055 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25200 Strike – 91.44 Lakh
25500 Strike – 70.89 Lakh
25100 Strike – 69.77 Lakh
Put Writing
25000 Strike – 60.86 Lakh
24500 Strike – 47.97 Lakh
24900 Strike – 31.22 Lakh
Index has resistance near 25200 – 25250 range and if index crosses and sustains above this level then may reach near 25450 - 25500 range.
Index has immediate support near 25000 – 24950 range and if this support is broken then index may tank near 24850 – 24800 range.
Banknifty Intraday Analysis for 16th October 2024NSE:BANKNIFTY
Index closed near 51905 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
52000 Strike – 37.53 Lakh
53000 Strike – 33.90 Lakh
52500 Strike – 31.49 Lakh
Put Writing
51000 Strike – 34.79 Lakh
51500 Strike – 23.63 Lakh
51300 Strike – 16.96 Lakh
Index has resistance near 52000 – 52100 range and if index crosses and sustains above this level then may reach near 52600 – 52600 range.
Index has immediate support near 51650 – 51500 range and if this support is broken then index may tank near 51000 - 50900 range.
Finnifty Intraday Analysis for 16th October 2024NSE:CNXFINANCE
Index closed near 23865 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24000 Strike – 2.11 Lakh
23900 Strike – 1.38 Lakh
24500 Strike – 0.89 Lakh
Put Writing
23900 Strike – 0.96 Lakh
23800 Strike – 0.72 Lakh
24000 Strike – 0.56 Lakh
Index has resistance near 23950 - 24050 range and if index crosses and sustains above this level then may reach near 24200 - 24250 range.
Index has immediate support near 23750 – 23650 range and if this support is broken then index may tank near 24500 – 24450 range.
Midnifty Intraday Analysis for 16th October 2024NSE:NIFTY_MID_SELECT
Index closed near 13105 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13500 Strike – 8.56 Lakh
13200 Strike – 8.19 Lakh
13100 Strike – 7.04 Lakh
Put Writing
13100 Strike – 10.39 Lakh
13000 Strike – 8.61 Lakh
13200 Strike – 4.87 Lakh
Index has immediate resistance near 13200 - 13250 range and if index crosses and sustains above this level then may reach 13350 – 13400 range.
Index has immediate support near 13050 – 13000 range and if this support is broken then index may tank near 12900 – 12850 range.
MTNL's Comeback Story: Innovation and GrowthRevitalizing MTNL: A Bright Future Ahead
Target: ₹200
Time frame: 3 years
Mahanagar Telephone Nigam Limited (MTNL), a Public Sector Undertaking (PSU), has faced significant challenges in recent years, leading to a decline in its business fortunes. However, despite being knocked out of the competitive telecom market, the company is poised for a resurgence.
Embracing New Frontiers
As the telecom landscape evolves, MTNL is gearing up to tap into emerging opportunities. The future holds immense promise, and the company is strategically repositioning itself to capitalize on newer forms of communication and technology.
5G: The Game-Changer
A key catalyst for MTNL's revival is the ongoing testing of 5G technology. With its potential to enable faster data speeds, lower latency, and greater connectivity, 5G is expected to revolutionize the telecom sector. MTNL's foray into 5G will enable it to offer cutting-edge services, bolstering its competitive edge.
Ambitious Targets
Three-Year Roadmap
Over the next three years, MTNL will concentrate on:
Enhancing its 5G capabilities to deliver high-speed, reliable connectivity
Developing innovative services and solutions to cater to emerging customer needs
Strengthening its network infrastructure to support growing demand
Fostering strategic partnerships to drive growth and expansion
With a clear vision and robust strategy in place, MTNL is poised to reclaim its position as a leading player in the Indian telecom sector. The future indeed looks bright for this PSU, as it embarks on a transformative journey to reclaim its glory.
Nupur Recyclers looking good; short term inv;Min 75% RoiHuge potential is there.
For short term investment ;
Leave a " Like If you agree ".👍
Follow for regular updates✌️
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Very close Stoploss is Enough
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Wait for small retracement & daily candle to close above - "90"
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This may be Slow and Time taking stock, but good for investment Portfolio.
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Enter after market Breaks
"Yellow box" mentioned.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency " 💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
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Refer over old posted idea attached below.