pradipandsuvra

pradipandsuvra

Levels: Support: 41000, 40600, 40450, 39900 Resistance: 41400, The red uptrendline (whereever the price crosses) OI Data: Highest OI Call in Bank Nifty per OI data: 41300 Highest OI Put in Bank Nifty per IO data: 41000 Nearest Major Resistance in Bank Nifty per OI data: 41700 Nearest Major Support in Bank Nifty per IO data: 40900 Trade setup: 1. For any...

pradipandsuvra

Levels: Support: 17730, 17675, 17650, 17600 Resistance: 17775-17810 (~17800), 17950, 18090 OI Data: Highest OI Call in Nifty per OI data: 17750 Highest OI Put in Nifty per OI data: 17700 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

Levels: Support: 7180, 7120, 7120, 7020 Resistance: 7290-7300, 7360-7400. 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 (1370 OI with 16% addition y'day) Nearest Major Support in Crude per IO data: 7000 (2615 OI with 25% addition y'day) ...

pradipandsuvra

Levels: Support: 41000, 40810, 40640, 40420 Resistance: 41375, 41630 OI Data: Highest OI Call in Bank Nifty per OI data: 42000 Highest OI Put in Bank Nifty per IO data: 40500 Nearest Major Resistance in Bank Nifty per OI data: 41600 Nearest Major Support in Bank Nifty per IO data: 40900 Trade setup: 1. For any buy trade, follow the N pattern (let the price...

pradipandsuvra

Levels : Support: 17675, 17600, 17520, 17420 Resistance: 17775-17810, 17950, 17950, 18090 OI Data: Highest OI Call in Nifty per OI data: 18000 Highest OI Put in Nifty per OI data: 17500 Nearest Major Resistance in Nifty per OI data: 17850 Nearest Major Support in Nifty per OI data: 17650 Trade setup: 1. For any buy trade, follow the N pattern (let the...

pradipandsuvra

Levels: Support: 7000, 6900, 6775 Resistance: 7100, 7150, 7220, 7275 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: 7000 Nearest Major Support in Crude per IO data: 7000 (These 7000 levels seem very important from crude, it has total 3600 OI...

pradipandsuvra

This relatively less known stock NSE:GRAVITA is showing some pretty interesting breakout ready pattern. Reasons (Many ways you can view it) A head-and-shoulder pattern formation near-to-breakout Rounding Bottom formation completes since Feb'2022. Closed above a long-term resistance line around 380. Buy above 388, SL: 379.

pradipandsuvra Updated 

Granules has created a 9 month long rounding bottom and followed by a nice consolidation. Perfect to take long. At the 9 months long resistance line retesting with moderate volume. The nice perfect rounding bottom is formed. The consolidation looks nice over a week. One can buy on the breakout of 360 with a SL of 340. Target: No idea :)

pradipandsuvra Updated 

A very interesting chart formation. Let me explain: There is an outer rounding bottom at the outside (since Jan 2022), followed by rectangle a consolidation. Inside the outer rounding bottom there is another rounding bottom, followed by a rectangle consolidation. After the inner rounding bottom - just note the big green candle. Who knows the same will...

pradipandsuvra

Cigniti Technology (A Bangalore based AI company) has shown a very promising breakout structure after 10 months of rounding bottom formation. Most likely their recent Q2 results has some spark in it. Reasons: High Volume Rounding bottom formation since Dec'2021 and finally it's breakout ready. Long with SL of 580, target: 640/660. CMP: 620

pradipandsuvra

Logic (Range bound): In shorter period, it's ascending triangle (green lines). In longer tf (red downtrend line is longer time downslope trendline), it's symmetrical triangle (pennant). Most likely the breakout will be at higher level only as the shorter term is bullish. Fundamentally : Kotak Bank is the _best_ asset quality bank across PSU and pvt banks. Very...

pradipandsuvra

Tomorrow, Tuesday, is FinNifty NSE:CNXFINANCE weekly expiry. So here are the trade levels. 18400-18500 is a congestion zone. Be careful. Wait for a breakout of either side with volume. Above 18500, can go up upto 18700. SL: 18400. Below 18400, can go down upto 18300, SL: 18500. Please note: FinNifty is highly volatile in Tuesday.

pradipandsuvra

Levels: Support: 41040, 40810, 40640, 40400 Resistance: 41375, 41630 OI Data: Highest OI Call in Bank Nifty per OI data: 42000 Highest OI Put in Bank Nifty per IO data: 40500 Nearest Major Resistance in Bank Nifty per OI data: 41600 Nearest Major Support in Bank Nifty per IO data: 40900 Trade setup: For gap up: Wait for the V shape...

pradipandsuvra

Levels: Support: 17600, 17520, 17420 Resistance: 17675, 17795, 17950 OI Data: Highest OI Call in Nifty per OI data: 18000 Highest OI Put in Nifty per OI data: 17500 Nearest Major Resistance in Nifty per OI data: 17950 Nearest Major Support in Nifty per OI data: 17550 Trade setup: For gapup, wait for V pattern (retest of 17780/17790). If...

pradipandsuvra

NSE:CONCOR looks extremely bullish in weekly timeframe. And note: There is a mulling over Govt for the potential disinvestment of CONCOR to reduce Govt shareholding from 55% to 34% and relinquish the management control to strategic buyer(s). Looks like market is factoring that in. There is a 5 years long monthly trendline shown as the green slanted line ...

pradipandsuvra

This is done using the multi-timeframe, multi-period technique we were discussing last Friday’s call. Chart: Analysis: Levels: Support: 7000, 6900, 6750 Resistance: 7080, 7150, 7220 OI Data: 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: 7200 Nearest Major Support in...

pradipandsuvra Updated 

Support : 41040, 40810, 40640, 40414 Resistance : 41372, 41627

pradipandsuvra Updated 

Support : 17600, 17520, 17420 Resistance : 17675, 17795, 17950