Bank Nifty Weekly Analysis For 15-04-24 to 19-04-24 48800-49000 is the Resistance for this Week. Short Level for this Week are: Scenario 1: If Bank Nifty breaks 48400, short for the Targets of 48080/47800. Scenario 2: If Bank Nifty gives a pull back and tests Resistance, short from 48800 for the Targets of 48480/48080. Long Only above 49100 for New ATH. Verdict:...
Bank Nifty in Apr'24 month end expiry might try to retrace back to 47,100 to 47,000 from current level of 48,500.
Nifty is at support which is in line with support hit by US equity too. if all markets hold the support then we can see Nifty towards 23300 which is based on cup and handle formation still holding on as on today.
Nifty opened gap down and bear stretch their arms and drag the nifty to low of the day that is 22503 which is around 1% and 234 points. Nifty has formed red body big candle with upper shadows which indicates participants were selling from upper end. A small part of candle is crossing 9 days Simple Moving Average Line on daily chart. Nifty is at support level...
NSE:NIFTY Highest Call writing of 25.46 Lakh at 23000 Strike followed by 24.35 Lakh at 22700 Strike. Maximum Put writing of 33.65 Lakh at 22700 Strike followed by 30.17 Lakh at 22500 Strike. Index may face resistance near 22800 - 22825 level. If index crosses 22825 level and unwinding of Call is unlikely at 22700 and 22800 level, then index may reach near...
NSE:BANKNIFTY Highest Call writing of 17.65 Lakh at 49000 strike followed by 9.00 Lakh at 49500. Highest Put writing of 13.36 Lakh at 49000 strike followed by 10.65 Lakh at 48500 strike. Index may face resistance near 49000 - 49100 level and retraces if index reaches in the area and Call writing build up takes place at 49000 level. If Index sustain near 49050...
NSE:CNXFINANCE Maximum Call writing is at 21700 strike with 5.66 Lakh followed by 4.34 Lakh Call at 22000 Strike. Maximum Put writing is at 5.78 Lakh at 21700 strike followed by 3.56 Put writing to nearer strike at 21600. The support level is shifting above to 21700. The Maximum Call and Put writing is shifting up at 21700 strike. Index may face resistance...
NSE:NIFTY_MID_SELECT Maximum Call writing buildup of 11.11 Lakh is at 11000 strike followed by 8.11 Lakh at 10900 Strike and Put writing of 13.42 Lakh at 10800 Strike followed by 12.79 Lakh at 10900 Strike. Index is closed above support level of 10980. Index may face resistance near 11025 level and may retrace if go 11025 - 11050 leve if more Call writing is...
Nifty chart updated for monday trading on 15 apr 24 if in case this pattern activate then will the both target achieve
bank nifty updated chart nonday 15 apr 24 it can respect as mention SR
Asper price action we can see reverse head and shoulder pattern and also as per ict grab liquidity at weekly support level and can't stay blow it... So we can see price will go up because buyers showing intrest to buy it. It can be make new life time high.....
I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM CONCEPTS" ... Please Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
Referred to one one-hour chart, the Dow (US30) seems bullish: # After rejecting sell side stops, closed above the nearest swing high. # Breaker Block. # Fairly taken inducement. # 3 points confirmation alert. Note: This is not a recommendation, or educational purpose only. DYOR before taking action.
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...
* NIFTY current spot price 22530 * Looking Bearish as the Trendline support is broken comfortable with a Bearish Candle * Stay cautious with Longs, atleast for next week * Possibilities on the downside is 22000-21850 * SL above 22800
Hello Traders, The market (NIFTY50) is currently trading at 22753. However, it's important not to blindly follow the buy or call side under the yellow box, as it signifies a UPWARD TO SIDEWAYS zone. Here are the levels and analysis for the NIFTY Expiry on April 18th (23000 or 22500?): Point 1: Avoid using the maximum amount in the Yellow zone, ranging from...