The banknifty has been moving in triangle for the last two sessions, 6th may expiry happened in consolidation and so did the friday closing. The Paradox that we have for banknifty is, there is huge call writing done on 33000 level followed be 34000, which means that sellers see the market as bearish, But on the other hand there is continuous support of 50 and 200...
Ethereum has given a channel Breakout and looks strong as long as its going to take support on the channel.
Banknifty is looking bullish and we can expect some more upside rally as per pole flag. Follow me for more
hdfcbank is at its 200 EMA and at multilevel support zone and is a good buy for long term and target mentioned in black line.
nifty trade setup: it has broken a resistance level and there a good probability for its downtrend.
nifty option writing using strangle with hedging. The nifty is moving in a wedge and the market is expected to be sideways (Till expiry). still safe players can either exit the losing side if it breaks the wedge in either side or can opt for deep rollover. Overall market sentiment is bearish but the RRR is good for the trade i.e: 1.08
Reliance looks strong and may soon Give breakout.
The stock has taken support on its 0.5% fib. level and looks good. all levels are mentioned on chart.
The level at which Nifty is right now is a: 1). very major resistance and nifty has fallen twice from this level moreover, 2). if you look at the option chain then 15000CE Has the highest OI with heavy writing, 3). 500 point CE above is having a premium of just 7, while 500 point below PE is having OI of 49, 4). There is a double top kind of formation at...
The stock seems bullish above the resistance zone. All Levels Have been marked.
NMDC at its major support and looks good.
the stock has given breakout and seems bullish
THE STOCK SEEMS BULLISH, ALL LEVELS ARE GIVEN.
THE STOCK HAS GIVEN A BREAKOUT ANDD MIGHT SHOW SOME BULLISH MOVEMENT AHEAD. THE BLACK TL WILL ACT AS A SUPPORT AND IF BN REMAINS SUPPORTIVE THEN ITS GOOD FOR LONG TERM ALSO.
The stock might fill it long time gap in upcoming sessions.
The stocks has been given Breakout and we can expect an upside momentum.