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BANK NIFTY INTRADAY LEVELS FOR 04/12/2024BUY ABOVE - 52800 SL - 52600 TARGETS - 52970,53140,53290 SELL BELOW - 52600 SL - 52800 TARGETS - 52450,52270,52060 NO TRADE ZONE - 52600 to 52800 Previous Day High - 52800 Previous Day Low - 52270 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
3
BANKNIFTY: INSTITUTIONAL LEVELS FOR 04/12/2024Overview This trading system combines simplicity with powerful insights for accurate entries and exits. It is structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets. Key Strategy Guidelines Retest Entries : Aim to enter trades on retests rather than breakouts, offering better positioning. Multiple Confirmations : Use more than one confirmation to validate each trade, helping avoid impulsive decisions. ATM Options Focus : Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk. System Explanation This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach. How It Works: Entry/Exit Signals Blue Line : Signals potential long entry. Red Line : Indicates potential short entry. Tip : Align these signals with additional confirmations from your trading strategy for optimal performance. Stop Loss and Take Profit Levels Stop Loss: Long Trades : Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line. Short Trades : Use the blue line above as the stop loss. Take Profit: Long Entries :Target the next red line above or exit if other indicators suggest a prudent exit. Short Entries :Target the next blue line below following similar guidelines. Timeframe Recommendation This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision. Risk Disclaimer Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance. Join the Community Discussion Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders. Original Content This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading.
NSE:BANKNIFTY
by tony_fx_sm
NIFTY: INSTITUTIONAL LEVELS FOR 04/12/2024Overview This trading system combines simplicity with powerful insights for accurate entries and exits. It is structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets. Key Strategy Guidelines Retest Entries : Aim to enter trades on retests rather than breakouts, offering better positioning. Multiple Confirmations : Use more than one confirmation to validate each trade, helping avoid impulsive decisions. ATM Options Focus : Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk. System Explanation This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach. How It Works: Entry/Exit Signals Blue Line : Signals potential long entry. Red Line : Indicates potential short entry. Tip : Align these signals with additional confirmations from your trading strategy for optimal performance. Stop Loss and Take Profit Levels Stop Loss: Long Trades : Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line. Short Trades : Use the blue line above as the stop loss. Take Profit: Long Entries :Target the next red line above or exit if other indicators suggest a prudent exit. Short Entries :Target the next blue line below following similar guidelines. Timeframe Recommendation This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision. Risk Disclaimer Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance. Join the Community Discussion Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders. Original Content This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading.
NSE:NIFTY
by tony_fx_sm
4
TATACONSUM - LONG OpportunityTATACONSUM - CMP 960 Wave counts are updated in the chart (including internals) Observations: ABC correction seems complete and the price is ready to go higher Price is bouncing off from long term trendline Price has almost retraced to 0.618 fib level from Feb'22 lows and bouncing OI data suggests strong accumulation is being done at the low/base I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
NSE:TATACONSUMLong
by Murthy_Santhosh
3 years breakout coming soon in RAMCO CEMENTSAfter showing 2053.94 Cr. of sales and 2.27% of quarterly net loss, there have been multiple ups and downs in the Ramco Cements stock prices in the past few weeks. For example, Ramco Cements stock price on 26th of November 2024 was around Rs. 959.85. Ramco Cements share price now stands at an average of Rs. 1040.75. Judging by last week's performance, stock is in up trend. Ramco Cements has a median target price of Rs. 891.0 in 12 months by 28 analysts. They have provided a high estimate of Rs. 1130.0 and low estimate of Rs. 600.0 for Ramco Cements share.
NSE:RAMCOCEMLong
by TechnicalAnalystSucrit
#Sensex directions and levels for December 4th. Current View: The sentiment looks similar to that of Nifty. If the market takes an initial pullback, it could reach a minimum 81202 or 50%. After that, if it gets rejected there, we could see a correction of 23% to 38% in the minor swing. Conversely, if it breaks through or consolidates at this zone, the rally is likely to continue. Alternate View: The alternate view suggests that if the market initially declines, it could reach the 38% Fibonacci level in the minor swing. However, until the 38% level is broken, it will maintain a bullish bias. If it breaks this level, we can expect a correction.
BSE:SENSEX
by Manickamtraders
#Nifty directions and levels for December 4th.Good morning, friends! 🌞 Here are the market directions and levels for December 4th. Market Overview: There are no significant changes happening. The global market is maintaining a bullish sentiment (based on the Dow Jones only), while our local market shows a moderately bullish sentiment. Today, the market may open with a neutral to slightly gap-up start, as the Gift Nifty is showing a positive 10 points at 8:00 AM. In the previous session, both Nifty and Bank Nifty had a solid pullback. The structure and sentiment remain the same as we discussed in the previous session. Let's look at this in the charts. Both Nifty and Bank Nifty have a similar sentiment. Nifty Current View: The current view suggests that if the market takes an initial pullback, it could reach a minimum of 24,629. However, the previous day's movement shows RSI divergence, indicating weakening momentum. If this divergence continues when it reaches 24,629, we could see a correction of 23% to 38% in the minor swing. Conversely, if it breaks through or consolidates at this zone, the rally is likely to continue. This is the basic structure. Alternate View: The alternate view suggests that if the market initially declines, it could reach the 38% Fibonacci level in the minor swing. However, until the 38% level is broken, it will maintain a bullish bias. If it breaks this level, we can expect a correction.
NSE:NIFTY
by Manickamtraders
3
#Banknifty directions and levels for December 4th.Bank Nifty Current View: The sentiment looks similar to that of Nifty. If the market takes an initial pullback, it could reach a minimum supply zone. After that, if it gets rejected there, we could see a correction of 23% to 38% in the minor swing. Conversely, if it breaks through or consolidates at this zone, the rally is likely to continue. Alternate View: The alternate view suggests that if the market initially declines, it could reach the 38% Fibonacci level in the minor swing. However, until the 38% level is broken, it will maintain a bullish bias. If it breaks this level, we can expect a correction.
NSE:BANKNIFTY
by Manickamtraders
JIOFIN - End of Wave 4 - Ready for new ATHJIOFIN - End of Wave 4 - Ready for new ATH It appears that JIOFIN has completed it's 4th wave down at 300, which happens to be the 50% retracement of the impulse from 2nd to 3rd wave. The corrective wave ABC seems to have ended now and the internals of the entire move is also marked It is a low risk set up (5% risk if SL is placed at 300) and the reward would be 50% or more (if it plays out the 5th as projected) - On technical, 250-300 is also happens to be the accumulation zone previously. Price move and volumes are highlighted. Since this script will be included in F&O, worth tracking it for the coming weeks I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
NSE:JIOFINLong
by Murthy_Santhosh
Naturalgas - 5 wave impulse done?CMP: 3.4100 TF: 4 hour Looks like a 5 wave impulse from the lows at 1.9150 has come to an end. The final leg (5th), seem to be incomplete though (if you consider marking 1-5); but that mostly looks like an abcde with e giving a throw over move spike. Risk reward for longs is not good. Also, Bullish BAT/CRAB formation seen on hourly TF. It is still at initial stages though. Invalidation level would be 3.6310 I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
CAPITALCOM:NATURALGAS
by Murthy_Santhosh
9
NIFTY INTRADAY LEVELS FOR 04/12/2024BUY ABOVE - 24500 SL - 24420 TARGETS - 24600,24700,24800 SELL BELOW - 24420 SL - 24500 TARGETS - 24340,24250,24180 NO TRADE ZONE - 24420 to 24500 Previous Day High - 24340 Previous Day Low - 24250 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:NIFTY
by Jagadheesh_JP
9
ERIS Lifesciences for 25% gainsDate: 3 Dec’24 Symbol: ERIS Timeframe: Weekly ERIS Lifesciences currently seems to be in Wave V of 3 which is heading towards 1960-70 (25% from current price of 1470) as seen in the chart. Wave 4 could then correct back to 1300 levels. The company, in the recently announced September quarter results has posted best ever revenues and operating profits. This is not a prediction but a possible wave count. This is also not a recommendation to trade or invest. Please do your own analysis. HINGLISH VERSION ERIS Lifesciences vartamaan mein Wave 3 ki V mein dikh rahee hai jo 1960-70 (vartamaan keemat 1470 se 25%) kee taraf badh rahee hai jaisa ki chart mein dekh sakte hain. Wave 4 phir 1300 ke star tak neeche aa sakta hai. Company ne haal hee mein ghoshit September quarter results mein ab tak ka sabse achchha revenue aur operating profit darj kiya hai. Yah koi prediction nahin balki sambhaavit Wave count hai. Yah trade lene ya invest karne ki bhi salaah nahi hai. Kripya apana vishleshan khud karein.
NSE:ERISLong
by DhandhaPaani
HBAR/USDT now 855% up From our Entry HBAR/USDT Huge Profit Update 🚀 Big congratulations to everyone who followed Cryptopatel's CRYPTOCAP:HBAR analysis! 🎉 ➡️ HBAR/USDT is now up 855% from our entry point! ➡️ Entry: $0.037 - $0.040 ✅ Target 1: $0.083 ✅ Target 2: $0.170 ✅ Target 3: $0.252 ✅ Target 4: $0.44 (almost reached!) Now’s a good time to take 80% profit at this level. If you started with $1000, it’s now worth $8500. Let’s keep the momentum going. 🚀
Long
by CryptoPatel