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pradipandsuvra

Levels: Support: 41000, 40850, 40650 Resistance: 41350, 41425, 41675 OI Data: ---------------------------------------------------------------------| Bank Nifty => Price: 41289.55 ATM: 41300 , ITM: 41200, 41100, 41000 , OTM: 41400, 41500, 41600 ---------------------------------------------------------------------| Highest OI Call in Bank Nifty per OI...

pradipandsuvra

Levels: Support: 18120, 18100, 18060, 18000 Resistance: 18175 OI Data: ---------------------------------------------------------------------| Nifty => Price: 18145.4 ATM: 18150 , ITM: 18100, 18050, 18000 , OTM: 18200, 18250, 18300 ---------------------------------------------------------------------| Highest OI Call in Nifty per OI data: 18400 ...

pradipandsuvra

Levels: Support: 7250, 7180, 7130, 7000 Resistance: 7250-7275, 7300, 7400. OI Data (16th Nov Expiry): Highest OI Call in Crude per OI data: 7500 Highest OI Put in Crude per IO data: 6500 Nearest Major Resistance in Crude per OI data: 7300 (the CMP) Nearest Major Support in Crude per IO data: 7000 Trade setup: 1. For any buy trade, follow the N pattern (let...

pradipandsuvra

NSE:DRREDDY seems could not be able to pierce through the major resistance line around 4625 (the recent swing high). Note the volume. It's pretty significant and coincides with the Q2 result. So, things are interesting here. Chartically, the following traits are seen: A Head & Shoulder formation is seen with the neckline around 4200. There is a downtrend...

pradipandsuvra

Levels: Support: 18500, 18455, 18300 Resistance: 18600, 18700, 18750. Please note the green slanted uptrend line. Price is getting support there. 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...

pradipandsuvra

Levels: Support: 41300, 41000, 40850 Resistance: 41425, 41675 OI Data: Bank Nifty => Price: 41307.9 ATM: 41300 , ITM: 41200, 41100, 41000 , OTM: 41400, 41500, 41600 Highest OI Call in Bank Nifty per OI data: 41500 Highest OI Put in Bank Nifty per IO data: 41000 Nearest Major Resistance in Bank Nifty per OI data: 41500 Nearest Major Support in Bank...

pradipandsuvra

Levels: Support: 17980, 17950, 17835 Resistance: 18020 (the current level), 18080-18100 OI Data: ---------------------------------------------------------------------| Nifty => Price: 18012.2 ATM: 18000 , ITM: 17950, 17900, 17850 , OTM: 18050, 18100, 18150 ---------------------------------------------------------------------| Highest OI Call in...

pradipandsuvra

NSE:JINDALPHOT has a nice, copy-book rounding bottom formation. It has the following properties in the chart: A perfect Rounding Bottom formation. A perfect ascending triangle formation. Buy above 420 with a SL to the neckline of the rounding bottom (i.e. 400). Below that the SL can be revised to 394.

pradipandsuvra

NSE:RAILTEL has a perfect, copy book Cup & Handle pattern formation. The chart looks bullish with the following properties: A long term Cup & Hande formation with a good volume breakout. If it sustains above 120, one can go long with a SL of the neckline of the Cup & Handle pattern (i.e. 117) Long above 120 with a SL of 117.

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NSE:JAYBARMARU is showing a bullish breakout with the following traits: A perfect Cup&Handle Patten breakout above 200. Prior to that an inverted H&S pattern is created. Buy at 200 with a SL of 194/195.

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NSE:NHPC has an interesting formation in the monthly chart, a perfect rounding bottom / saucer formation. It can be flying saucer as well :) Some features noticed in monthly chart: A 12 years long Saucer formation breakout. ATH attained. There is a clear ascending triangle, basically a nice uptrend channel (shows as cyan colored channel in the chart). ...

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In the NSE:IDFCFIRSTB shares, we can see the Elliot Wave pans out nicely. See the outer wave marked in green 1-2-3. We are in the motive/impulsive 3rd wave. Now in the motive 2nd wave, there are again 5 subwaves formation. We are at 3rd motive inner wave. So it is 3-3 wave overall. Hence a retesting of the long term support (which is also a neckline of...

pradipandsuvra

Levels: Support: 7180-7160, 7120, 7000 (Solid Support, even in OI data) Resistance: 7250-7275, 7300, 7400. OI Data (16th Nov Expiry): Highest OI Call in Crude per OI data: 7500 Highest OI Put in Crude per IO data: 6500 Nearest Major Resistance in Crude per OI data: 7300 Nearest Major Support in Crude per IO data: 7000 Trade setup: 1. Still by-and-large...

pradipandsuvra

Levels: Support: 40975, 40800, 40650, 40425 Resistance: 41350, 41450, 41550, 41650, 42000 (the green color channel in 30m chart) OI Data: Bank Nifty => Price: 40990.85 ATM: 41000 , ITM: 40900, 40800, 40700 , OTM: 41100, 41200, 41300 Highest OI Call in Bank Nifty per OI data: 41500 Highest OI Put in Bank Nifty per IO data: 40000 Nearest Major...

pradipandsuvra

Levels: Support: 17750, 17720, 17675-17650, 17600 Resistance: 17835, 17875, 17950-75, 18090 OI Data: Highest OI Call in Nifty per OI data: 17300 Highest OI Put in Nifty per OI data: 17300 Nearest Major Resistance in Nifty per OI data: 17950 Nearest Major Support in Nifty per OI data: 17550 Trade setup: 1. For any buy trade, follow the N pattern (let the...

pradipandsuvra

Crude levels for evening session: ------------------------------------------------------- (Just sharing screen with levels - did not checked OI data). If it goes above the red uptrendline ~7400 level, it will be bullish for sure. Below 7125-7150 has good support. Mota mota: 7100-7400 level for today.

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NSE:STARPAPER chart patten is similar to the NSE:ANDHRAPAP . Logic: Clear uptrend Rounding bottom formation: Breakout ready Good volume Ascending triangle Buy above 220, SL: 205, Target: 230

pradipandsuvra

NSE:ANDHRAPAP looks lucrative in the chart. Reasons: A rounding bottom patten created over few monts. Good volume. Short term bullish trend Buy above 500, SL: 470, Target: 530.