BANKNIFTY FOR 02 JAN#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance a
Pivot Points
BANKNIFTY FOR 29 DEC#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance a
Nifty 50 Support Resitance Levels 01January 2024 1. **Primary Support: 21700**
- This is the initial support level. If the market opens above this level, it suggests potential strength.
2. **Secondary Support: 21600**
- If there's a deeper retracement, monitor how the index reacts around 21600. A bounce from this level could indicate continued support.
**Resistance Levels (01/01/2024):**
1. **Primary Resistance: No Immediate Resistance Based on Chart Analysis (Market opens at 21800)**
- If the market opens above 21800, there may no
MOTHERSON @ Crucial LevelThe stock is looking good for up move because of following reasons,
1. Stock above all crucial EMAs in weekly and Daily TF.
2. Huge Volume in Daily TF
3. Challenging the Annual Pivot (101.75)
4. Completed Correction Wave 2-3 in Weekly Time frame and starting Impulse wave 3-4.
DOW approaching 37180 or 37708Based on techinical analysis:Support and resistance combining with Yearly pivots.
After a strong bullish rally from yearly CPR (32806 - 33033), it is able to break and sustain above YH3 35427 (Yearly camariila 3rd layer pivot).
Before the end the year it can see upside:
1. YR1 37180(yearly floor pivot resistance)
2.YH4 37708(yearly Camariila 4th layer pivot)
NIFTY FOR 29 DEC#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance a
NIFTY FOR 28 DEC#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance a
BANKNIFTY FOR 28 DEC#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance a
NIFTY FIN SERVICE FOR 27 DEC#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance a
NIFTY FOR 27 DEC#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance a
BANKNIFTY FOR 27 DEC#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance a
SUPRIYA BO [DAILY]SUPRIYA life sciences giving BO on daily timeframe, huge volumes these last couple of days showing buyer interest. Life Sciences as a sector has seen some inflows, I remember seeing ZYDUS in the tracker as well a couple of days back and has been in watchlist too.
Keep SUPRIYA in list for a pull back around BO level or to catch when a small base is formed which will likely indicate accumulation by big whales.
NIFTY FOR 26 DEC#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance a
IRCON BO [DAILY]IRCON BO today, last few days, it has filled a gap down with volumes -> Positive sign
Breaking out of a decent base for 2nd time, 1st time BO can be said was kind of a shakeout, so now hands have changed and this BO may be more healthy as its a new attempt.
Keep in list for the week.
BANKNIFTY FOR 26 DEC#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
(S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support)
(This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance a
Bank Nifty Support and Resistance Analysis for 19-DEC-2023Attached is the Bank Nifty chart showcasing key support and resistance levels alongside the CPR for both daily and weekly timeframes.
Support and Resistance Levels: The chart highlights significant support around the 47705 mark and notable resistance at 48148 and 48101. These levels have demonstrated consistent importance in recent sessions.
CPR: Daily and weekly CPR are essential in understanding potential intraday reversals and weekly trend confirmations.
Disclaimer: This analysis is for ed
Nifty Support and Resistance Analysis for 19-DEC-2023Attached is the Nifty chart showcasing key support and resistance levels alongside the CPR for both daily and weekly timeframes.
Support and Resistance Levels: The chart highlights significant support around the 21308 mark and notable resistance at 21515 and 21604. These levels have demonstrated consistent importance in recent sessions.
CPR: Daily and weekly CPR are essential in understanding potential intraday reversals and weekly trend confirmations.
Disclaimer: This analysis is for educati
SIEMENS BO [DAILY]SIEMENS BO on daily charts, huge volumes today, price has moved above a pivot as well. This might act as a new support moving ahead. Earnings strength is decent and buyers are looking to get in here as charts can show a v-shape curve, has move quite well to be honest.
Keep in the list for the remainder of the week.
JUBLPHARMA BO [Weekly]First day into the week and JUBLPHARMA not wasting anytime, on track to beat average volume and gain price ahead.
Keep in list for the week, Pharma sector has been a bit hot for the past month, only risk here is if the broader market goes in correction then the stock might shakeout.























