NIFTY opened a gap-up and fell sharply from 22768. If we look at the chart now: The market is trading at the resistance zone (4H-TF). Also, the market is trading at the support trendline. If the market breaks the support to the downside, it is going to generate a quick fall till 22471. Meanwhile, 22617-22766 is a sideways zone, as marked in the chart. ...
Nifty Chart Analysis with Support and Resistance Nifty Supports Nifty Support 1 - 22530 Nifty Support 2 - 22230 Nifty Support 3 - 22180 Nifty Resistance Nifty Resistance 1 - 22680 Nifty Resistance 2 - 22780 Nifty Resistance 3 - 22880 Nifty Trend Signal From Open Interest Analysis PCR ratio as per Option Chain Analysis - 0.91 ( Bullish) Max Pain As per...
BankNifty Analysis - Stance Bullish ⬆️ BankNifty does an inverted V pattern today due to which the Algos went negative. Was quite happy that the losses were contained in the end, but what I learned is that sharp rises & falls take out the stop losses at both ends. And what is the end result? We are treading nowhere. On the higher timeframe, BN looks more bullish...
Bank Nifty showed Recovery in 1st Half, but witnessed Profit booking in 2nd Half of session The Index scaled at New All Time Highs & reached near 49000 zone Any Dips towars 48500, 48000 may look for Buying setup as trend is Positive Overall Immediate Upside Resistance is Placed near 49000, 200 Range Tomorrow is important US CPI Inflation Reading * For...
Hello Everyone. I have provided nifty trades and targets above. The market was trending today. Let the resistance or support range break with 15-minute candle before going for any trades. If we do in between these zones premium eating will happen and we end up seeing losses. Book profits every 30 points as we are getting very few trending moves.
Nifty opened Gap up today & Made New ATH and witnessed Profit Booking during the second half of the session On the downside immediate support is near 22550/22500 Wheras Upside Resistance is placed at 22800 * For Education Purpose Practice and Learn price action setups
Nifty Analysis - Stance Bullish ⬆️ Nifty hits a new ATH and then falls over 155 points, goes below water, and then closes 23 points lower @ 22642. The new ATH is 22768. The main villain again was the NiftyIT sector which had a -1.59% 566 points intraday fall. Firstly it went up 535 points in the opening 20 minutes and then gave all that away to close flat for the...
Hello Everyone. I have provided bank nifty trades and targets above. The market was in a trending in both sides today. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 50 points as we are getting very few trending moves. If we do in between these zones premium eating will happen and we end up seeing losses.
Nifty opens with new high which is 22768 level, but bulls didn’t survive into todays trading session. Into second half Bear overtake the market and erase all the gain and made days low that is 22612. Nifty has formed big red body candle with lower shadow which indicates participants were selling from top end. Nifty is trading near upper band of Bollinger...
📈 Bank Nifty Spot Chart Levels 🎯 Day Range: 392.5 Points 📉 - Buy at: 48810.82 📈 Avg. Pos.: 48764.50 🎯 Target 1: 48973.11 🎯 Target 2: 49123 🛑 Buyer SL: 48716.68 📉 Sell at: 48718.18 🎯 Target 1: 48487.99 🎯 Target 2: 48338.05 🛑 Seller SL: 48812.32
📈 Nifty Spot Chart Levels 🎯 Day Range: 156.15 Points 📉 - Buy at: 22709 📈 Avg. Pos.: 22690 🎯 Target 1: 22739 🎯 Target 2: 22799 🛑 Buyer SL: 22662 📉 Sell at: 22672 🎯 Target 1: 22546 🎯 Target 2: 22487 🛑 Seller SL: 22719 Please Coment, Follow and boost if these levels are useful for you. Your reactions give me energy to work for you guys.
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
Bank Nifty Weekly Analysis For 26-03-24 to 28-03-24 47000-47280 is the Resistance for this Week. Long above 47300 for the targets of 47660/47890. Short Level Below 46500 for the Targets of 46300/46000. Verdict: Sideways Market to Upside.
NSE:NIFTY_MID_SELECT Maximum Call writing buildup of 4.89 Lakh is at 10900 strike followed by 3.60 Lakh at 11000 Strike and Put writing of 5.91 Lakh at 10800 Strike followed by 3.20 Lakh at 10700 Strike. Index is closed above support level of 10800. As the more put writing is building up at 10800 and 10700 strike the support level is shifting up with big...
NSE:CNXFINANCE Maximum Call writing is at 21600 strike with 22.43 Lakh followed by 21.14 Lakh Call at 21800 Strike. Maximum Put writing is at 23.37 Lakh at 21400 strike followed by 23.11 Put writing at 21600 Strike. The support level is shifting above to 21600 - 21600 range. As the Maximum Call and Put writing is at 21600 strike and nothing change then index...
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 10-04-24 Distribution by FII n DII Stay In Light Position or In Cash . Stop loss for holding longs is 22350 (on closing basis) Closing below 22530 more than 2-3 days will prove this uptrend a False Breakout. 3 failed attempts to close above 22530 will turn...
NSE:BANKNIFTY Highest Call writing of 23.44 lakh at 49000 strike followed by 23.42 Lakh at 48500. Highest Put writing of 37.36 lakh at 48000 strike followed by 24.11 Lakh at 48500 strike. If Index sustain above 48725 level then it may go near 49000 level. Trailing SL near 48450 level. If Index down to 48500 - 48450 and Building of Put position at 48500 strike...