Levels: Support: 18540, 18425, 18325 Resistance: 18610, 18670, 18725 OI Data: ---------------------------------------------------------------------| Nifty => Price: 18560.5 ATM: 18550 , ITM: 18500, 18450, 18400 , OTM: 18600, 18650, 18700 ---------------------------------------------------------------------| Highest OI Call in Nifty per OI data:...
Support: 6080, 6000 Resistance: 6150, 6250, 6350 View: Sell on rise. Too much call Open Interest addition is seen. Now where to sell (on rise)? 6250-6275 is perfect level to short. Next is 6350 level. OI Data: Call writing are havoc. 6100 (2.8K), 6200 (3.5K), 6300 (4.1K), 6400 (4.6K), 6500 (8.1K). Put writing: 6100 (2.5K), 6000 (3,5K)
After an uptrend a bearish marubozu candle with bearish momentum is seen. Most likely it will be a bearish movement. In case of continuation of trend, giving both side trades as well: Trade: Buy above 80, SL: 77.50, T: 284/286 Sell below 77.50, SL: 80, T: 82/82
NSE:BIOCON made an M pattern. But looking at the volume and the momentum, it seems the more selling will happen. But if it bounces, then buy is also possible. So both sides trade: Trade: Buy above 280, SL: 276, T: 284/286 Sell below 272, SL: 276, T: 269/266
NSE:RAMCOCEM has a rising wedge (ascending triangle) breakout with the ok volume and momentum is also high. Trade: Buy above 702, SL: 696, T: 707/710 Sell below 695, SL: 700, T: 690/685
Levels: Support: 43000, 42700, 42500 Resistance: 43275, 43425, 43600, 43900 OI Data: ---------------------------------------------------------------------| Bank Nifty => Price: 43138.55 ATM: 43100 , ITM: 43000, 42900, 42800 , OTM: 43200, 43300, 43400 ---------------------------------------------------------------------| Highest OI Call in Bank...
Levels: Support: 18580, 18525, 18425 Resistance: 18680, 18770, 18900 OI Data: ---------------------------------------------------------------------| Nifty => Price: 18642.75 ATM: 18650 , ITM: 18600, 18550, 18500 , OTM: 18700, 18750, 18800 ---------------------------------------------------------------------| Highest OI Call in Nifty per OI data:...
Supports: 6300, 6250, 6050 Resistance: 6400, 6500, 6650, 6775 OI Data: From 6400 to 6600: 13K calls are sitting. Definitely bearish. 6500 has 5.2K calls sitting. Max PUT (hence support) is at: 6000. So the level has shifted downward .. 6500-6000.
NSE:FINPIPE : A uptrend parallel channel breakout High volume High momentum Trade: Buy above 176, SL: 170, T: 180/183 Sell below 165, SL: 170, T: 160/155
NSE:HITECHGEAR is good because of: One bullish engulfing candle crosses the whole uptrend parallel channel High volume RSI momentum is great. Trade : Buy above 293, SL: 285, T: 298/304 Sell below 275, SL: 285, T: 270/265
NSE:TATASTEEL has the following features: Head and Shoulder Pattern breakout High volume High momentum Trade: Buy above 116, SL: 112, T: 118/122/124 Sell below 112, SL: 116, T: 110/109/107
Levels: Support: 19200, 19160, 19080, 18975 Resistance: 19340, 19475. Trade Setup: 1. For any buy trade, follow the N pattern (let the price run above the level, let it retraces back to the level and let it hold the level as support) 2. For any sell trade, follow the mirror-N pattern (let the price fall below the level, let it pull back to the level and...
In FX_IDC:USDINR here are the features we can see: There is a clear bullishness throughout the session. I would say Very Bullish. All candles are hollow and green in hourly charts. There is a bearish divergence in the #USDINR hour chart. Price highs are not sustained by RSI new highs - shown in the photo Most likely: the uptrend will pause as there is...
Important Note : In hourly chart intraday, it is showing a hidden divergence. RSI is keeping the same level 87, which price has made a lower high b/w 9:15 and 2:15 candle highs. So the uptrend will continue, means price shall go up to catch the RSI levels. Levels: Support: 43275, 43000, 72750 Resistance: 43425, 43630, 42900 OI Data: ...
Levels: Support: 18675, 18580, 18425 Resistance: 18900, 19000-19050 OI Data: ---------------------------------------------------------------------| Nifty => Price: 18701.05 ATM: 18700 , ITM: 18650, 18600, 18550 , OTM: 18750, 18800, 18850 ---------------------------------------------------------------------| Highest OI Call in Nifty per OI data:...
NSE:BAJAJHCARE shows a bullish pattern formation: A cup and handle formation Breakout from the supply zone Volume high RSI heading towards 70+ (overbought) Trade : Buy above 430, SL: 412, T: 442/455 Sell below 410, SL: 425, T: 400/385
NSE:RADICO is breakout ready because of: Continuous bullish candle formation with increasing volume and thus breaks out the rectangular consolidation zone. A triangle patten formation is clear Volume is very high (actually heighest) RSI is just crossing 70 mark (OB region) Trade : Buy above 1152, SL: 1120, T: 1185 Sell below 1100, SL: 1120, T: 1075
NSE:PRECWIRE has the follow features: A clear rounding bottom consolidation Then a breakout with a green hollow candle. Volume is higher than average (vwma) RSI is entering into 70 (OB) zone. BUT See the price made a higher high compared to 10th Nov candle, but RSI is low compared to 10th Nov. So, a weaker negative divergence may be forming. ...