NIFTY FIN SERVICE FOR 30 Jul#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 resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
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Trend Lines
BANKNIFTY FOR 30 jul#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 resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
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Revathi, either buy above BO or at lower trendlineEither look to buy above breakout line or buy near lower trendline
SL will be below dotted line
Time frame around 3 years for 30% gains
BOROLTD | Insider NEWS Stock | Don't Miss ⭕ Swing Trading opportunity ! Daily Chart Alert !!!⭕
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Technical Reasons to trade or Strategy applied :-
1) Bearish Trendline Bull breakout
2) Accumulation can be seen clearly
3) Volume is increasing as well
4) Trading above 200Ema
Guys check out the related ideas as well, it will work really well GUARANTEED !
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✍COMMENT Below your view !
Silver (XAGUSD) : M-Pattern completion On a weekly chart, we can see a beautiful M-Structure. Now to complete the M-structure, the price needs to rebound to the neck line and possibly get rejection from the neckline as a resistance and start it move downward.
Keep an eyes on the price action.
Do your own research before taking any trade.
STRONG rejection from the trendline ! Still in DOWNTREND..?As we can see despite the strong opening BANKNIFTY got rejected and fell strongly from the given trendline showing BANKNIFTY’s weakness below the trendline. Hence as long as BANKNIFTY remains below the trendline we can expect sideways to negative market for coming trading sessions so plan your trades accordingly.
EURJPY SHOING A GOOD UP MOVE WITH 1:10 RISK REWARD EURJPYSHOING 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
niw it trying to break the strong resistant lable
B. after the break of this rectangle it will bost 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 capital
follow risk reward and tradeing rules
that will help you to to become a better trader
thank you
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction
niw it trying to break the strong resistant lable
B. after the break of this rectangle it will bost 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 capital
follow risk reward and tradeing rules
that will help you to to become a better trader
thank you
SENSEX FOR 29 jul#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 resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
Please Give A Like If You Like
NIFTY FOR 29 Jul#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 resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
Please Give A Like If You Like
NIFTY FIN SERVICE FOR 26 Jul#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 resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
Please Give A Like If You Like
BANKNIFTY FOR 29 jul#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 resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade)
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
Please Give A Like If You Like
Nifty Intraday Analysis for 29th July 2024NSE:NIFTY
Index closed near 24835 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 55.86 Lakh
25500 Strike – 55.07 Lakh
25100 Strike – 39.14 Lakh
Put Writing
24500 Strike – 62.35 Lakh
24400 Strike – 48.51 Lakh
24600 Strike – 45.85 Lakh
Index has resistance near 25000 – 25100 range and if index crosses and sustain above 25100 level then may reach near 25250 - 25300 range.
Index has immediate support near 24700 – 24600 range and if 24600 support is broken then index may tank near 24450 – 24400 range.
Banknifty Intraday Analysis for 29th July 2024NSE:BANKNIFTY
Index closed near 51295 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
52000 Strike – 23.11 Lakh
51500 Strike – 17.49 Lakh
51000 Strike – 14.81 Lakh
Put Writing
50000 Strike – 17.78 Lakh
51000 Strike – 17.21 Lakh
50500 Strike – 15.69 Lakh
Index has resistance near 51500 – 51550 range and if index crosses and sustain above 51550 level then may reach near 51800 – 52000 range.
Index has immediate support near 51100 – 51000 range and if this support is broken then index may tank near 50700 – 50500 range.
Finnifty Intraday Analysis for 29th July 2024NSE:CNXFINANCE
Index closed near 23315 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23800 Strike – 9.79 Lakh
23500 Strike – 8.92 Lakh
23600 Strike – 8.31 Lakh
Put Writing
23000 Strike – 10.96 Lakh
22800 Strike – 6.15 Lakh
22900 Strike – 5.64 Lakh
Index has resistance near 23400 - 23500 range and if index crosses and sustain above 23500 level then may reach near 23400 level. If index further crosses and sustain above 23500 then may reach near 23700 – 23800 range.
Index has immediate support near 23100 – 23000 range and if this support is broken then index may tank near 22950 – 22850 range.
Midnifty Intraday Analysis for 29th July 2024NSE:NIFTY_MID_SELECT
Index closed near 12685 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13000 Strike – 28.90 Lakh
12900 Strike – 18.05 Lakh
12700 Strike – 15.15 Lakh
Put Writing
12400 Strike – 28.32 Lakh
12500 Strike – 19.45 Lakh
12600 Strike – 15.39 Lakh
Index has immediate resistance near 12700 – 12750 range and if index crosses and sustain above 12750 level then may reach near 13000 level.
Index has immediate support near 12550 – 12500 range and if this support is broken then index may tank near 12350 – 12300 range.
DOLATALGO - STOCK GAVE A BREAKOUT & THEN RETRACED TO MA Hi All,
This idea is about Dolat Algotech Ltd
On the weekly chart stock gave a healthy breakout & then retraced to nearest 10 SMA Moving average for few weeks. Now it is ready to move with a gap up weekly opening. Good volumes indicate that price action will continue to move upside
Stock is trading at PE of 15 and is expected to give good results.
Continuous uptrend in sales/profit
About the company:
Dolat Algotech Ltd is a trading cum clearing member of NSE India and carries on the business of securities broking and securities trading.
Happy Investing,
Thanks,
Stock-n-Shine
BASF on a strong supportBASF is consolidating near a strong support. We can see a higher low, higher formation with daily RSI over 60 which indicates that a breakout might happen soon.
Stock might face resistance at 2650 and 2800 levels.
Kindly trade as per your own analysis since this idea is shared only for educational purpose.
Grindwell Bullish reversalGrindwell norton making Cup & Handle pattern. Look at the false breakout. Long upper shadow signifies selling pressure. It's either good to wait for weekly close or have SL at breakout level. False breakout then retraced to 61.8 fib retracement and took support. Also, it was long term trendline support. Plus look at the long lower shadow which signifies strong bullish reversal. I had alert below 2K as I was expecting it to take fib & trendline support and got triggered.