NSE:NIFTY_MID_SELECT Maximum Call writing buildup of 9.56 Lakh is at 10800 strike followed by 5.00 Lakh at 10850 Strike and Put writing of 9.66 Lakh at 10800 Strike followed by 6.98 Lakh at 10700 Strike. Index is closed above support level of 10800. Index may face resistance near 10850 - 10900 level and less likely expected to go beyond 10950 level due to...
NSE:CNXFINANCE Maximum Call writing is at 21000 strike with 2.12 Lakh followed by 1.49 Lakh Call at 21500 Strike. Maximum Put writing is at 3.44 Lakh at 21000 strike followed by 1.53 Lakh Put writing to nearer strike at 21000. The support level is shifting down to 21000 - 20800. Index may face resistance near 21330 - 21400 level and less likely to cross 21800...
NSE:BANKNIFTY Highest Call writing of 14.06 Lakh at 48000 strike followed by 9.65 Lakh at 47500. Highest Put writing of 10.88 Lakh at 47500 strike followed by 9.66 Lakh at 47500 strike. Index may face resistance near 47750 - 48000 level and retraces if index reaches in the area due to Israel Iran war tension Index has support near 47500 level and if this...
NSE:NIFTY Highest Call writing of 106.77 Lakh at 22500 Strike followed by 95.51 Lakh at 22700 Strike. Maximum Put writing of 68.69 Lakh at 22000 Strike followed by 60.17 Lakh at 21500 Strike. Index may face resistance near 22430 - 22500 and retraces if reaches near that level. Index has strong support near 21990 level and it is less likely to be broken. if...
19 APR 2024 WORLD MARKETS 1. World Markets are trading with a negative bias. 2. India VIX is above 13 which will fuel further downside. 3. GIFT Nifty is indicating 90 points down tick at 21900 and Bank Nifty at 46700. INDEX HEAVY WEIGHTS 1. HDFC Bank faced resistance at 1520. If 1487 is broken, then HDFC Bank will turn bearish. 2.ICICI Bank has turned bearish. It...
Nifty formed a doji cadle on daily time frame an indecisive candle and taking support at 50 EMA on daily front. Immeadiate resistance area is 22200-22250 and Immeadiate support area is 22075-22050. Nifty was in rising channle and rejected on top of the channel chances are it will test the low of channel on thursday or friday then we need reacces the price action...
We may see some selling from 22300 - 22290 for 22250 and lower marked levels on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
Looks like total market index is in consolidation zone. Weekly Candlestick showing evening star bearish pattern. RSI(34) is below it's moving average
Utilizing 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...
Nifty 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...
Currently Nifty is showing weak sign among global clues and also confirmation in Technical chart. Short at Current Market Price and Ride Trend Till 21600 Zone. Buy 21600 2nd May Options and Sell Call options At nearest level for April Series Happy Trading !!. Only for Educational Purpose.
A good falling detected on AUS200 It's showing a fall due to these reason 1. It's following the triangle pattern over here 2. It's ready to break the neckline 3. After a good. Move refreshment will occur ITS BREAKING A STRONG NECKLINE SO THE MOVE ALSO GONNA BE STRONG Just grab out will your own risk With a small amount Stay connected Stay happy Bande...
Nifty facing trendline resistance at 22777. Next up move will come when it close above 22777, till stay short. As per chart nifty showing weakness. It form evening star pattern on daily chart and also double top on 3-4 hrs. time frame. On Monday nifty can short with stop loss 22810 on any level below 22610 for lower target 22430, 22310 soon. As per channel...
#nifty50 It look like bearish for short term take position according to your R&R 1st Support will be 21800
Nifty 22280 - Has resistance around 22308. We expect a reversal to close down around 22200 which is the pain area.
If Nifty50 breaks below 22000, then we may expect swift correction towards 20000 or 19800 zones. This move is seen as wave (4) of wave ((5)). This is Educational purpose only, consisting of Stock market views based on price action, Elliott Wave & Fibonacci. Views expressed here are not for investors/traders. Do your own due diligence before investing/trading.
Above closing on that White line in any hourly could trigger price upwards 📈 (Sideways to bullish) 22343 -- 19th April Support on 22343 could 📈 to 22714 -- 22789 within ( 26th April -- 2nd May ) Disclaimer: It's a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
Nifty @ 22185 at 11:04 - Suggests further drop down to 21900 as short sellers are high there. We expect Nifty will be moved down to panic the retail sellers as Pain is at 22000.