Pivot Points

NIFTY 18 DEC:MONDAY LIVE MARKET Has opened flat and taking support from 21390.00 has sustained above 21390-21400 1.Till now has been a sideways market,may be some cooling after a strong trendy bullish week. 2.If Bank Nifty also start trading above 48000 again,can expect also a bullish momentum in Nifty. 3.If able to sustained above 21425.00,quite possible that 21515/21527 may be seen upside, with intraday immediate support 21385-21395,21364 day's low

VIPIND BO [DAILY]VIPIND came in the screeners recently as volumes have been attracted here. Giving a minor BO here, 21/50 DMA cross would be good if it follows up from here. Stocks relative strength is still poor but the way volumes have come here these last days, it seems like a reveral. Keep an eye out for this ahead.

YESBANK BO [DAILY]YESBANK BO with volumes, large base formed. You know the buyer interest is serious when weaker names like YESBANK are showing strength and breaking out of large bases. Banking is getting some serious investors now looks like. Keep on the list with other previous names shared : SBIN and ICICIBANK

Upside possible 📈Breaking above the gap will give good returns + the price is now at R2 (Resistance 2) Pivot support - Safe play I feel But hold on - It's your hard earned money at the end of the day, so don't follow anyone blindly - Do your own analysis 📌

by Whynotrohithh

GLAXO BO [Weekly]GLAXO showing good volumes these past few weeks and price has followed it quite well. Its breaking out of a large weekly base (80+ weeks), lets see if this follows the large BO trend. Chart suggests clear buyer interest here, This BO pivot level can be taken as the next support here.

TCS BO [Weekly]TCS BO on weekly charts, Long weekly base. Fundamentally strong in IT index. Volumes are there as well. Many Large IT names coming in 1 month momentums near pivot points. Nifty IT Index ETFS might also be a decent proxy play if one wants exposure to all these strong IT names together.

WIPRO BO [Weekly]Another Long Base BO of 60+ weeks. And that too in IT sectors. CNXIT is talk of twitter for now. IT names had to pop up. As always, volumes -> Check, Price appreciation -> Check, Long base BO -> Check Fundamentally, it hasn't been at its best, but has handled last few quarters well. Let's see if the IT story is actually in a turnaround in these market conditions. Keeping in watchlist.

TINPLATE near BO [Weekly]TINPLATE is near a long weekly base BO. In my experience, Long weekly base BOs are highly successful BOs and one should keep an eye out for that. Fundamentally firm has had a good last quarter, but previous quarters before that were not good. So this might be a turnaround play fundamentally. Came in 1 Month Momentum Screener. Keep in list to see if BO happens ahead with volumes. Market is healthy for now as per breadth indicators.

VRLLOG BO [Weekly]VRLLOG BO on a weekly timeframe. It did break out from a large weekly base previously but then broke down. Last 3 weeks it has broken both level as indicated on the chart and this week it gave good volumes as well. Came up in screen for 1 Month momentum, lets see how this rolls further. Fundamentally stock hasn't given good quarters recently. So not sure about this as a high rated pick.

Bank Nifty Support and Resistance Analysis for 18-DEC-2023 Attached 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 47749 and 47567 mark and notable resistance at 48379. 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 edu

by MarketMakerSetup

Nifty Support and Resistance Analysis for 18-DEC-2023 Attached 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 21300 and 21200 mark and notable resistance at 21600 and 21644. 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

by MarketMakerSetup

NIFTY: 15 DEC Yesterday,after opening big gap up above 21018 if any bearish set up would have been seen near 21096-21106, then a bearish to sideways expiry was possible between 21096 and 21018/20940, but open gap up above 21096-21106 and immediately took support,making upside rally to 21200. :: UPSIDE :: 1.As it has sustained above 21130-21150,the next upside target 21243/21250 still pending on weekly pivot point basis. 2.If opened flat above 21150 and after taking support from 21130 start trading above 211

BANKNIFTY FOR 15 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

by UnknownUnicorn36986101

NIFTY FOR 15 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

by UnknownUnicorn36986101

NIFTY FOR 14 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

by UnknownUnicorn36986101

BANKNIFTY FOR 14 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

by UnknownUnicorn36986101

Motherson short term bullish Ready to move up after breakout consolidation Buy above 98 Stop 96 Target 105

MPHASIS BO [DAILY]IT sector is building a momentum for now and constituents of IT index are showing strength. MPHASIS is one of them I studied a while back, it rides on pretty heavy financial clients majorly US banks, and seeing this BO makes one think if this can follow up ahead. Momentum certainly feels to be creeping in.

ICICIGI BO [Weekly]ICICIGI BO from a large weekly base, volumes are there, this BO is happening post a gap up which happened a few weeks back. Good candidate to move ahead and follow from here.

NIFTY 14 DEC: Weekly Expiry 1. Late night,after the FED kept the interest interest rate ECONOMICS:USINTR unchanged @5.5%, DOW TVC:DJI showed upside move of +512 points towads 37180 and GIFT NIFTY NSEIX:NIFTY1! showed an upmove of +200 points, chances are Nifty NSE:NIFTY may open gap up. 2.Yesterday,as analysed if open below 20940,then 20940 may act as resistance for downside move to 20820/20830, after 20820/830 was broken down 20785 was also seen as analysed yesterday. After taking support from 20785 it was able t

NIFTY FOR 13 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

by UnknownUnicorn36986101

BANKNIFTY FOR 13 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

by UnknownUnicorn36986101

USK infra stock bullish Increasing volume with breakout seen in USK Buy above 43.5 Stoploss 40.75 First Target 52.00 Second Target 60.00

BEPL broke out after a fake out and a pull back Symmetrical triangle pattern broke out with good volume in BEPL. Appears bullish

by D_Street_Wolf