BANK NIFTY INTRADAY LEVELS FOR 07/10/2024BUY ABOVE - 51990
SL - 51820
TARGETS - 52120,52260,52400
SELL BELOW - 51670
SL - 51820
TARGETS - 51530,51400,51230
NO TRADE ZONE - 51400 to 51670
Previous Day High - 52600
Previous Day Low - 51400
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
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Nse
NIFTY INTRADAY ANALYSIS FOR 07/10/2024BUY ABOVE - 25080
SL - 25020
TARGETS - 25130,25180,25230
SELL BELOW - 24950
SL - 25020
TARGETS - 24900,24850,24800
NO TRADE ZONE - 25950 to 25080
Previous Day High - 25490
Previous Day Low - 24950
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Jio Financial Services (JFS): Navigating Key Levels with PositivJio Financial Services (JFS): Navigating Key Levels with Positive Momentum
NSE:JIOFIN (JFS) is currently at a critical juncture, testing key support and resistance zones amidst positive market sentiment.
Resistance Zones: 346 / 356 – The stock may face selling pressure near these resistance levels, but a breakout could signal renewed bullish momentum, especially considering the favorable news surrounding the company.
Support Zones: 335 / 316 – These levels are crucial for short-term support. If breached, it could lead to downside pressure, but strong buying interest at these levels may act as a cushion, preventing further decline.
Positive News Catalyst:
JFS recently received SEBI's in-principle approval to establish a mutual fund business in collaboration with BlackRock. This strategic 50:50 joint venture, dubbed Jio BlackRock, combines BlackRock's global expertise in investment and risk management with JFS’s strong local presence and digital infrastructure. This marks a significant re-entry for BlackRock into the Indian market, positioning JFS for expanded offerings in the investment space.
With this venture, JFS is poised to bring innovative financial products to the Indian market, which could attract investor interest and drive future growth. Positive sentiment from this news may create bullish momentum, and a break above the 356 resistance level could trigger further upside.
Key Takeaway: The stock is likely to be influenced by both technical and fundamental factors in the near term. Traders should watch for price action near the 346 and 356 levels for potential breakouts, while monitoring support at 335 and 316 for signs of strength.
Disclaimer: I am not a SEBI-registered Research Analyst. This analysis is for educational purposes only. Please conduct your own research or consult a financial advisor before making any trading decisions.
SWING IDEA - CITY UNION BANKCity Union Bank is showing promising technical signals for a potential swing trade.
Reasons are listed below :
170 Zone Tested Multiple Times : This key resistance level has been tested several times, indicating a potential breakout.
VCP Pattern (Volatility Contraction Pattern) : A bullish chart pattern signaling a possible price surge.
Bullish Engulfing Candle on Daily Timeframe : A strong reversal signal, highlighting increasing buying pressure.
50 EMA Support on Daily Timeframe : The stock is well-supported by the 50-day EMA, reinforcing the bullish sentiment.
Target - 185 // 205
Stoploss - daily close below 159
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
SWING IDEA - HUDCOHUDCO is showing potential for a swing trade based on technical signals.
Reasons are listed below :
230 Zone as Strong Support : The 230 level has been a crucial support zone, providing a solid base for potential upward movement.
Bullish Engulfing Candle on Daily Timeframe : A strong bullish engulfing candle indicates growing buying pressure.
0.618 Fibonacci Support : The price is bouncing off the 0.618 Fibonacci retracement level, suggesting a potential reversal.
200 EMA Support on Daily Timeframe : The stock is finding support at the 200-day EMA, reinforcing the bullish outlook.
Target - 280 // 310 // 345
Stoploss - daily close below 225
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Suzlon Energy: Navigating Key Resistance and Support ZonesSuzlon Energy: Navigating Key Resistance and Support Zones
NSE:SUZLON is showing notable technical levels that could determine its next move:
Resistance Zones: 86 / 78 – These levels present strong selling pressure, and failure to break above could lead to potential retracements. Keep an eye on volume at these levels for any breakout signals.
Support Zones: 71 / 66 – These areas act as crucial support. A breach here might trigger further downside momentum, possibly leading to a more significant correction.
The stock’s behavior near these zones will likely dictate the short-term trend. Traders should closely monitor for any patterns that indicate potential reversals or continuations.
Disclaimer: I am not a SEBI-registered Research Analyst. This is purely for educational purposes. Please perform your own due diligence and consult a financial expert before taking any trade.
HDFC Bank in a Bearish Momentum: Key Resistance and Support ZoneHDFC Bank in a Bearish Momentum: Key Resistance and Support Zones
NSE:HDFCBANK is currently exhibiting a negative trend, facing downward pressure near key levels:
Resistance Zones: 1706 / 1716 / 1726 – These levels could act as significant barriers, with potential sell-offs if the stock fails to breach these zones.
Short-Term Support Levels: 1645 / 1595 – A break below these support zones could accelerate the downside move, signaling further weakness in the stock.
As market volatility increases, it’s crucial to observe price action around these levels to anticipate the next move.
Disclaimer: I am not a SEBI-registered Research Analyst. This analysis is solely for educational purposes. Please do your own research and consult a financial advisor before making any trading decisions.
SWING IDEA - OBEROI REALTYOberoi Realty is presenting a promising swing trade opportunity based on the following technical signals.
Reasons are listed below :
Symmetrical Triangle Breakout : The price has broken out of a symmetrical triangle pattern, indicating a potential upward movement.
Strong Bullish Candle : A robust bullish candle signals increasing buying momentum.
Trading Above 50 and 200 EMA : The stock is trading above both the 50-day and 200-day EMAs, further reinforcing the bullish trend.
Target - 1950
Stoploss - daily close below 1730
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
BANK NIFTY INTRADAY LEVELS FOR 04/10/2024BUY ABOVE - 51990
SL - 51820
TARGETS - 52120,52260,52400
SELL BELOW - 51670
SL - 51820
TARGETS - 51530,51400,51230
NO TRADE ZONE - 51670 to 51990
Previous Day High - 52600
Previous Day Low - 51670
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 04/10/2024BUY ABOVE - 25310
SL - 25240
TARGETS - 25380,25440,25490
SELL BELOW - 25240
SL - 25310
TARGETS - 25190,25130,25080
NO TRADE ZONE - 25240 to 25310
Previous Day High - 25620
Previous Day Low - 25240
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANK NIFTY INTRADAY LEVELS FOR 03/10/2024BUY ABOVE - 53140
SL - 52970
TARGETS - 53290,53200,53700
SELL BELOW - 52800
SL - 52970
TARGETS - 52620,52400,52260
NO TRADE ZONE - 52800 to 53140
Previous Day High - 53180
Previous Day Low - 52800
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 03/10/2024BUY ABOVE - 25860
SL - 25790
TARGETS - 25920,25980,26050
SELL BELOW - 25700
SL - 25790
TARGETS - 25610,25550,25490
NO TRADE ZONE - 25700 to 25860
Previous Day High - 25920
Previous Day Low - 25700
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANK NIFTY INTRADAY LEVELS FOR 30/09/2024BUY ABOVE - 54400
SL - 54150
TARGETS - 54600,54800,55000
SELL BELOW - 54150
SL - 54400
TARGETS - 53920,53700,53500
NO TRADE ZONE - 53700 to 53930
Previous Day High - 54400
Previous Day Low - 53700
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 30/09/2024BUY ABOVE - 26250
SL - 26150
TARGETS - 26350,26460,26560
SELL BELOW - 26150
SL - 26250
TARGETS - 26050,25980,25920
NO TRADE ZONE - 26150 to 26250
Previous Day High - 26250
Previous Day Low - 26150
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
SWING IDEA - REDINGTON LTDA potential swing trade opportunity in Redington Ltd , a leading distributor of technology products and supply chain solutions.
Reasons are listed below :
The stock has broken above a significant resistance zone of 180-190, and it has successfully retested this level, indicating potential upward momentum.
Redington Ltd recently broke out of an ascending triangle pattern, suggesting a bullish continuation pattern.
A hammer candlestick has formed on the weekly timeframe, indicating potential bullish reversal sentiment among traders.
The stock found support at the 0.382 Fibonacci level, adding further confirmation to the bullish outlook.
Redington Ltd has broken out of a 3-year consolidation phase, signaling a potential shift in long-term trend direction.
The stock has been forming constant higher highs, indicating a consistent uptrend.
Redington Ltd is currently trading above both the 50 and 200 EMA on the weekly timeframe, suggesting sustained bullish momentum.
Increased trading volumes have accompanied the recent price movements, validating the strength of the breakout.
Target - 242 // 288
StopLoss - weekly close below 187
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
SWING IDEA - JMFINANCIALJM Financial , a diversified financial services group offering services in investment banking, brokerage, and asset management, is currently presenting a potential swing trade setup.
Reasons are listed below :
120 Zone Resistance Break : The 120 level has acted as a strong resistance since 2018. The price is now attempting to break through this zone, indicating possible continued upward movement.
Bullish Marubozu Candle on Weekly Timeframe : The formation of a bullish Marubozu candle on the weekly chart suggests strong buying pressure and a potential shift towards higher levels.
Massive Volume Increase : The surge in trading volumes supports the price movement, indicating strong market participation.
Constant Higher Lows : The formation of higher lows signals a consistent upward trend, reflecting increasing bullish sentiment.
Trading Above 50 and 200 EMA : The stock is trading above both the 50 and 200 exponential moving averages, which supports the overall bullish trend and indicates long-term strength.
Target - 150 // 170 // 190
Stoploss - weekly close below 105
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
IREDA IS READY TO BURST WITH FULL ENERGYNSE:IREDA is slowly storing energy to give huge breakout and give New ATH.
Currently IREDA is wave 5 candidate in weekly chart and wave 3 candidate in daily charts.
As all we know what happens when these two combines there is high probability the charts can go up.
The view is applicable until the chart stay above 220, The view is invalid when it is below 215, any movement below 215 is a bearish view.
Otherwise the upper targets are
245
265
280
300
325
350
Disclaimer
The above analysis is just sharing of knowledge and not an investment advise, we are not sebi registered and please DYOR before taking any trade as our trade idea is not entitled to your profit/loss. Please take advise from your financial advisor before investing your valuable and hard earned money.
If you like my analysis do comment and give a boost. It boost our energy to do more analysis.
BANK NIFTY INTRADAY LEVELS FOR 27/09/2024BUY ABOVE - 54400
SL - 54150
TARGETS - 54600,54800,55000
SELL BELOW - 54150
SL - 54400
TARGETS - 53920,53700,53500
NO TRADE ZONE - 54150 to 54400
Previous Day High - 54400
Previous Day Low - 53920
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY ANALYSIS FOR 27/09/2024BUY ABOVE - 26250
SL - 26150
TARGETS - 26350,26460,26560
SELL BELOW - 26150
SL - 26250
TARGETS - 26050,25980,25920
NO TRADE ZONE - 26150 to 26250
Previous Day High - 26250
Previous Day Low - 25980
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
POTENTIAL INVESTMENT TARDE FOR VODAFONE IDEA
Here we look at the Quarterly chart since 2008, We see price was rallying up violating Resistances and respecting the Support areas, until it starts doing the opposite.
Now recently Price has violated a Supply area which indicates that the Buyers have just won over the sellers and now Price has given a Pullback in a 6 Months Demand.
Now we have a 6 Months Demand; So understanding the timeframe role into this Trade as the Demand in which we buy this a 6 months Demand hence we will have to consider a minimum of 1 to 2 years considering at least 2 to 4 candles of 6 months each to achieve the Target.
Here we have the following to consider before entering the Trade
Trade Type : Investment Trade
Entry : 10.10
SL : 5.70
TGT : 39.74
Risk : Rs. 4.4
Reward : Rs. 29.64
Ratio for Reward to Risk : 6.7/1