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DJI Intraday levels for 22nd Oct 2024 Please check the levels on chart. My view for you study only :- Seems to be buy on dip. Consider some buffer points in above levels. Please do your due diligence before trading or investment. **Disclaimer -  I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you.
TVC:DJI
by PrashantTaralkar
Market Taking Support in Hourly Chart –Potential Upward MovementThe market has taken support in the hourly chart implies that the current price level is likely to hold as a short-term floor, with the potential for an upward movement from here. Traders may look for confirmation signals such as bullish patterns, increased volume, positive divergence, or moving average crossovers to enter long positions. However, it's crucial to monitor the support level closely, as any significant breach below it could negate the upward bias and lead to further downside risk.
NSE:NIFTYLong
by sandeshKeni
1
Nifty Intraday Analysis for 22nd October 2024NSE:NIFTY Index closed near 24780 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 25000 Strike – 81.11 Lakh 25500 Strike – 57.30 Lakh 24800 Strike – 48.01 Lakh Put Writing 24000 Strike – 50.80 Lakh 24500 Strike – 35.15 Lakh 24800 Strike – 32.75 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 24650 – 24600 range and if this support is broken then index may tank near 24500 – 24450 range.
NSE:NIFTY
by RKMAURYA
Banknifty Intraday Analysis for 22nd October 2024NSE:BANKNIFTY Index closed near 51965 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 52500 Strike – 36.79 Lakh 53000 Strike – 25.63 Lakh 52000 Strike – 24.77 Lakh Put Writing 51000 Strike – 26.39 Lakh 51500 Strike – 25.88 Lakh 52000 Strike – 17.73 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 51500 - 51400 range and if this support is broken then index may tank near 51000 - 50900 range.
NSE:BANKNIFTY
by RKMAURYA
Finnifty Intraday Analysis for 22nd October 2024NSE:CNXFINANCE Index closed near 23955 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24000 Strike – 21.67 Lakh 24100 Strike – 16.77 Lakh 24200 Strike – 16.75 Lakh Put Writing 23400 Strike – 16.47 Lakh 23500 Strike – 16.07 Lakh 23700 Strike – 13.18 Lakh Index has resistance near 24050 - 24100 range and if index crosses and sustains above this level then may reach near 24250 - 24300 range. Index has immediate support near 23700 – 23650 range and if this support is broken then index may tank near 24500 – 24450 range.
NSE:CNXFINANCE
by RKMAURYA
Midnifty Intraday Analysis for 22nd October 2024NSE:NIFTY_MID_SELECT Index closed near 12695 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 13000 Strike – 9.08 Lakh 12800 Strike – 5.29 Lakh 12900 Strike – 5.05 Lakh Put Writing 12700 Strike – 7.46 Lakh 12500 Strike – 5.45 Lakh 12600 Strike – 3.90 Lakh Index has immediate resistance near 12900 - 13000 range and if index crosses and sustains above this level then may reach 13150 – 13200 range. Index has immediate support near 12600 – 12500 range and if this support is broken then index may tank near 12400 – 12300 range.
N
by RKMAURYA
Nifty50 Crosses Head and Shoulder Pattern, Resistance at 23895Details: Asset: Nifty50 Index Breakout Level: Nifty50 crossed the head and shoulder pattern Current Level: 24472 Potential Resistance: 23895 Stop Loss: Based on risk tolerance or technical analysis Timeframe: Short-term, dependent on market sentiment and election outcomes Rationale: Nifty50 has broken through a head and shoulder pattern, a typically bearish indicator. The next significant resistance level appears at 23895. The market may see further downside unless positive developments, such as favorable election results, provide relief. Market Analysis: Bearish Pattern: The head and shoulder pattern indicates potential further downside. Nifty50 may continue to decline unless a reversal is triggered by positive news or market catalysts. Election Impact: Election results could play a crucial role in determining the market’s direction, especially in a sensitive period like this. Price Target: Resistance is likely at 23895. If Nifty50 fails to break this level, it may see continued bearish momentum. Risk Management: Adjust stop losses based on individual risk tolerance and technical analysis, especially given the uncertainty around political outcomes. Timeframe: The timeframe for reaching resistance at 23895 could be short-term, but broader market trends and election outcomes may impact the index's movement. Risk-Reward Ratio: The setup leans bearish, with the head and shoulder pattern indicating downside risk. Ensure stop-loss levels are adjusted for volatility. Monitoring the market's response to political and macroeconomic factors will be key for Nifty50's near-term outlook.
NSE:NIFTYShort
by CyborgTradingHub
Nifty levels - Oct 23, 2024Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We hope you find this information beneficial in your trading endeavors. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you success in your trading activities!
NSE:NIFTY
by sacxe
BankNifty levels - Oct 23, 2024Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe
BankNifty - Did You Miss The Explosive Move from 51000 ? Disclaimer: This is for informational purposes only and is not a solicitation or offer to buy or sell any securities or products. Consult Your Financial Advisor As per last idea we proposed that holding 51000 & above BankNifty Index can push upside towards 52050 & Above 52100 - can look for 52900-53100 Happy We achieved 78% of the target & got the maximum points of 1500 points in the Index Last Idea What Next ? Index again forming a similar looking pattern from the highs of 52577 -recent highs & safe traders can look for short term downside moves falling below 52100 towards 51855 - Yesterday's low & 51250 / 51000 respectively. Regards, WaveTalks Abhishek
NSE:BANKNIFTY
by WaveTalks
3