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Pivot Points

Nifty Analysis Technical :- #Nifty50 CPR 2 day relationship suggest a bullsh-to-sideways trend for the expiry ahead. Nifty might open around at 26,000 levels. A golden pivot zone at 29,950 area make it a good #support for the day and we can #bearish move only if this breaks. In the #resistance side there's nothing much to see just a minor resistance at 26,050 levels. OI Data :- Open interest data shows a series of short covering on muplites put strikes which signifies a #bullish sentiment between traders. H
NSE:NIFTY
by karan_bagri
BANKNIFTY EXPIRY ANALYSIS#Indicator :- #NiftyBank's #CPR levels shows that there's a Golden Pivot Zone near 54,050 range, which might act as a crucial #resistance for the day. Also the placement of CPR for upcoming day suggests that the index can open under 54,000 and continue to be bearish for the rest of the day. #Chart Pattern :- The index is in the process of forming an "M" pattern. Which can lead the price to more downside till next support of 53,700 zones. OI Data :- The OI data of BANKNIFTY for 25/Sept exp
NSE:BANKNIFTY
by karan_bagri
Devyani International Potential Bullish MomentumFollowing a notable consolidation phase that commenced in January 2024, Devyani International has exhibited promising technical signals, suggesting a potential shift towards a bullish trend. Last week, the stock successfully breached the pivotal resistance level of 185 on the weekly timeframe, which is a critical psychological and technical milestone. The 20 EMA has crossed above the 50 EMA on the weekly chart, a classic indicator of bullish momentum known as a "Golden Cross." This crossover ty
NSE:DEVYANILong
by NiftyNotion
AMBER Follow up BO [WEEKLY]AMBER came up recently in my momentum scanner so I looked up some Fundamental numbers as I liked the chart and I wanted to share the same. This looks a like a good scrip to track as it ticks some boxes and gives a good gut feel for fundamental numbers to improve in upcoming quarters. On Relative Strength Scores : 23rd Aug - 50 30th Aug - 63 6th Sep - 65 13th Sep - 69 Certainly the stock has improving RS scores week over week so can be said is in momentum especially post seeing the
NSE:AMBER
by HawkishDove
XAUUSD 2560Golden Information Gold prices fell during the North American session as traders returned to their desks following the Labor Day holiday. Data from the United States (US) hinted that business activity contracted, though traders bought the Greenback. The XAU/USD trades at $2,490, down 0.34%. Gold prices fall despite stronger US Dollar amid economic slowdown signs. US ISM Manufacturing PMI remains in contraction; employment sub-component improvement offers market some relief. Despi
OANDA:XAUUSDShort
by AngelScalping
XAUUSD STRONGINTRO Current Status 1.Gold prices fall despite stronger US Dollar amid economic slowdown signs. 2.US ISM Manufacturing PMI remains in contraction; employment sub-component improvement offers market some relief. 3.Despite a drop in 10-year Treasury yields to 3.84%, Gold only briefly recovers after dipping to $2,473. Gold price is upwardly biased, even though momentum shifted in sellers’ favor and opened the door for a drop to $2,470. The Relative Strength Index (RSI) hints that buyers are in c
OANDA:XAUUSDShort
by AngelScalping
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RUNEUSDT: Could This Bearish Structure Signal a Major Move?Yello, Paradisers! Are you ready to catch the next big move in RUNEUSDT? Let's dive into the details. 💎RUNEUSDT is currently following a bearish market structure, making it an ideal candidate for short opportunities. Recently, we’ve seen the formation of a Head and Shoulders pattern right after RUNEUSDT touched the bearish Order Block (OB) zone. This pattern strengthens the likelihood of a bearish continuation, but we need a breakdown with a candle close below the support zone for confirmation.
BINANCE:RUNEUSDTShort
by MyCryptoParadise_Nathan