The FASP for Nifty is listed for 12-04-2024. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
Please read the notes as mentioned on the chart. Time candle to watch 4-11-24 12:37 PM Disclaimer: I am not a SEBI Registered Analyst and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
BankNifty Analysis - Stance Bullish ⬆️ Banknifty was looking strong right from the start. Unlike Nifty, BN did not have a huge gap up, but the rising trend was clear and strong. The reason it was strong was because the moves were not wild swings but slow & steady. If you look at the 63mts candlesticks, you can notice the body becoming smaller. Usually, it is a...
Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday: "For tomorrow also we are continuing our bullish view and would like to go neutral if we get a close below 22615" Nifty had a gap up opening and was stuck in a narrow range till 13.11 after which it picked up decent momentum. Nifty almost gained 101 points from the intraday low to take out the previous...
Nifty opens gap up and traded range bound throughout the session. Nifty made new record high in last trading hour. Index has formed a small body green candle with upper and lower shadows. Currently RSI is trading at 67. Nifty is able to break the resistance of 22720 level so, further resistance can be 22863 level with support of 22518 level. Today’s Advance...
NSE:NIFTY_MID_SELECT Maximum Call writing buildup of 11.45 Lakh is at 10900 strike followed by 7.41 Lakh at 11000 Strike and Put writing of 9.25 Lakh at 10800 Strike followed by 7.81 Lakh at 10900 Strike. Index is closed above support level of 10870. As the more put writing is building up at 10800 and 10900 strike the support level is shifting up with big...
NSE:CNXFINANCE Maximum Call writing is at 21700 strike with 2.47 Lakh followed by 1.49 Lakh Call at 22000 Strike. Maximum Put writing is at 1.98 Lakh at 21700 strike followed by 1.04 Put writing at 21600 Strike. The support level is shifting above to 21600 - 21600 range. The Maximum Call and Put writing is shifting up at 21700 strike. If index crossed above...
NSE:BANKNIFTY Highest Call writing of 31.60 Lakh at 49000 strike followed by 19.90 Lakh at 48800. Highest Put writing of 35.88 lakh at 48000 strike followed by 27.90 Lakh at 48500 strike. If Index sustain above 48800 level then it may go near 49000 level. Trailing SL near 48550 level. It is expected that index may drag to low when reach near 49000 if unwinding...
NSE:NIFTY Highest Call writing of 125.68 Lakh at 23000 Strike followed by 89.64 Lakh at 22800 Strike. Maximum Put writing of 89.57 Lakh at 48500 Strike followed by 78.06 Lakh at 22400 Strike. If index may face resistance near 22800 level and unwinding of Call is unlikely at 22700 and 22800 level. If index goes near 22600 level and Building of Put taking...
The FASP for BankNifty is listed for 12-04-2024. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
Bank nifty wolf wave pattern in hourly time frame it will touch AD trendline near 45000 after confirmation of break down from AC trendline
Bank nifty trying to form wolf wave pattern in hourly time frame after confirmation it will touch AD trendline near 45000 levels
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...
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...
This week target was achieved in a single day. Hence no more trades for this week. Let us keep it simple & play as per the chart. I will remain long as long as the support shown on the chart is not broken. 1st target 22800 (as per swing) and 2nd target 23000 (as per channel). I will think of shorting only if there is breakdown below the given support. Else...
Sell Nifty bellow 22697.15, Target @ 22617.5, Sl @22750.4 Levels are valid for all timeframe .
The key to trading / investing is accepting uncertainties and dealing with it systematically rather than getting it influenced by our fear and greed.
Bank Nifty is going great, but i doubt 48500 will breach. Sell Call at a good premium can hedge with lower put sell or higher Call buy