NSE:NIFTY_MID_SELECT Maximum Call writing buildup of 12.22 Lakh is at 10800 strike followed by 9.64 Lakh at 10900 Strike and Put writing of 14.01 Lakh at 10700 Strike followed by 13.30 Lakh at 10800 Strike. Index is closed above support level of 10800. As the more put writing is building up at 10800 strike the support level is shifting up with big support near...
NSE:CNXFINANCE Maximum Call writing is at 21400 strike with 5.76 Lakh followed by 5.23 Lakh Call at 21500 Strike. Maximum Put writing is at 9.59 Lakh at 21000 strike followed by 8.56 Put writing at 21100 Strike. As the Option writing is widening up, the trade range is also widening between 21000 - 21100 support and resistance near 21600 - 21630 level. If...
NSE:BANKNIFTY Highest Combined Call and Put writing at 48000 strike with 19.88 Lakh Call and 18.88 Lakh Put writing. 2nd highest Call writing of 12.79 Lakh at 48500 strike and Put writing of 16.57 Lakh at 47500 strike. The Support level is shifting up. If Index crosses 48250 and sustain then it may go near near All Time High (ATH) resistance near 48600 level....
NSE:NIFTY Highest Call and Put writing is at 22500 strike with 35.99 Lakh and 35.36 Lakh Put. 2nd highest Call writing of 30.43 Lakh at 22600 Strike and Put writing of 29.31 Lakh at 22300 strike. As Index has touched nea All Time High (ATH), Index may face resistance near 22625 level and if it crosse the resistance sustain with unwinding of Call at 10500 and...
Banknifty hit new ATH today Expect BNF to touch 51000++ soon ,.probably this month itself. if missed, may month will hit Take your positions accordingly
I see a Cup & Handle breakout in Bank Nifty. A benign MPC statement and status quo on the rate front has given a fresh fillip to the Bulls. With Nifty and now Bank Nifty both near ATHs, its seems like its going to be RISK ON in the markets and 23000 on Nifty and 50000 on Bank Nifty is but a formality.
Bank Nifty's trend broke and moved significantly in intraday trading today, approaching its all-time high. We will have to wait and see on Monday whether it will break the all-time high or face resistance. The stock market is designed to transfer money from the active to the patient." - Al exander Elder
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...
current spot price 46600.15 1. Waiting for the candles to come out of Downward channel 2. Strong closing in a 30 min candle is required for further upside movement in BNF 3. If broken, we might see some sort of relief rally (500+ points)
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...
BNIFTY :As suggested earlier BNIFTY clocked 48000 from the suggested entry levels of 47100.facing res at around 47924-48000.once breaches expect another 500+ pont rally(For educational purpose only)
#BANKNIFTY LOOKING BULLISH Note :: This will not any buy or sell signal for you pls consult with your financial advisor before jump into any trade.
Nifty 50 is trading in an upward channel. Look out when the upper and lower bands are touched. Those are regions from which big moves will come. For Example: If it is near the upper band, either it will breakout or will be sold off to get near the lower band. Opposite for the lower band.
bank nifty at major resistance level. as per OI data also bank nifty had major support at 48000. If 48000 break the bank nifty will fall up to 47800. if bank nifty reaches up to 48500.
As per SpanAttack timings algo, we look forward for a weakness today in market after 12:20 PM. Sell Nifty around 12:20 PM today, we have marked the crucial resistance levels, try to sell as close as you get. Sell Nifty: Around 12:20 PM and near crucial important resistance levels. To motivate us, Please like the idea If you agree with the analysis. Happy...
Bull journey may earn a stop, have some rest and will test us. Its all depends on world since Chinese, Japanese economies are not in good mode. Now, India is slowly replacing China to revamp the international demands to meet, simultaneously Japanese economy slowed down too. Its all depends on various factors for the FIIs to pour the money in Nifty and the...
Bank Nifty has a bullish bias. We can expect the price to move up and target the ATH. We can see a pullback to the demand zone(47181 - 46997 ) too before it starts showing it's strength. Im Not SEBI Registered This Is My personal analysis for my personal trading
Nifty has been showing some strength now. Expecting it to continue moving up and create new ATH and make a new one. It can test the marked Demand zone ( 22193 - 22088 ) and then move up to take the ATH too. This is my Personal Analysis For My Personal Trading. Im Not Sebi Registered.