BANKEX 81500 CE Entry zone - 80, SL - 50, Target 250 Bankex CE's have Buy zone if respected can give a good CE trades. If the buy zones are not respected don't enter the trade.
OPTION BUYING trade for sensex weekly expiry 18-Oct-24. Reference chart SENSEX 81200 PE, Entry zone - 150, SL - Lows, Target - 350+
Prior put buying zones created on 3-Oct still holding puts up. Reference chart 25100 PE, Entry zone - 50, SL - Lows, Target - 150+ All the put chart lows have to be taken out for any upside.
For a bullish scenario to play out Calls must respect their call buying zones created on 14-Oct-24 ( Yesterday ) Reference chart 51800 CE Entry around 100, SL - Lows, Target 300+
FINNIFTY 23800 CE, Entry around 45, SL : Lows, Target : 140+ Expiry trade plan for 15-Oct-24.
Reference charts BANKEX 58000 CE and 58400 PE. If 58400 PE respects the already existing buy zone highlighted on chart, then a put trade can be taken with Entry zone : ~ 175, SL: Lows. Target : 440+
TATA STEEL Has given a channel breakout on the upside, hinting at upside momentum in the coming days.
Banknifty futures is held between immediate supply and demand zones. Crucial to watch price reaction at these zones. Possible bias indicated on the chart.
Asian paints are broken the weekly trendline and retested the same, the upper targets are open now which are immediate swing highs first and All time high subsequently
Banknifty trading range bound, wait for break of zone for bigger targets and gap filling
NIFTY IT on daily TF is approaching the resistance downward sloping trendline. If it breaks the trendline IT can lead the NIFTY on the upside.
Today's Nifty intraday provides a good example of supply trading or shorting as explained
LTIM is heading towards support zone as marked, trendline breakdown on weekly TF. Q2 results will confirm if support zone will held or broken.
Tata consumer has a trendline breakout on daily TF.
Balrampur chini has bounced from a covid support trendline, indicating strength on the counter. 525 zone can be tested.
HDFC Bank had closed below monthly trendline prev month and this month also it has given a continuation on the downside.
Banknifty futures has rejected a trendline underformation on daily TF
NIFTY on daily TF has broken an interesting trendline on daily TF