NIFTY 320+ Points Gain - SHORT PositionLoving the momentum in the market these days.
Only if you know how to catch the big moves.
I believe bigger moves are coming from Monday onwards.
Within NIFTY and BankNifty, I feel BankNifty trades will make the bigger money.
Are you prepared? Whats your strategy for the recent volatility? Share your thoughts.
BANKNIFTY
BANK NIFTY INTRADAY LEVELS FOR 30 MAY 2024BUY ABOVE - 48660
SL - 48540
TARGETS - 48860,49050,49290
SELL BELOW - 48400
SL - 48660
TARGETS - 48250,48110,47990
NO TRADE ZONE - 48400 to 48660
Previous Day High - 49050
Previous Day Low - 48400
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 👍
Review and plan for 29th May 2024 Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
BANK NIFTY INTRADAY LEVELS FOR 29 MAY 2024BUY ABOVE - 49290
SL - 49050
TARGETS - 49480,49670,49850
SELL BELOW - 49050
SL - 49290
TARGETS - 48800,48620,48460
NO TRADE ZONE - 49050 to 49290
Previous Day High - 49480
Previous Day Low - 49050
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 Bank Index - BANKNIFTYThe chart depicts the 4-hour price movement of the Nifty Bank Index on the NSE. Here is an analysis and summary:
Analysis:
1. Possible Double Top: The chart indicates a potential double top pattern around the 49,300 level, which is a bearish reversal signal.
2. Current Price Movement: The price has recently declined from the double-top region, suggesting a potential pullback.
3. Support Levels:
- 50% Retracement: The price might find support around the 48,590 level, which is the 50% Fibonacci retracement level.
- 61.8% Retracement: A stronger support is expected around the 48,320 level, the 61.8% Fibonacci retracement level.
4. Target:
- If the index respects these retracement levels and rebounds, the 100% target is projected at 50,500, suggesting a potential uptrend continuation.
Forecasted Movement:
- Short-term: The price might continue to decline towards the 48,590 level, and possibly to the 48,320 level.
- Reversal Potential: If the price finds support at these levels, a rebound is likely, leading to an upward movement towards the 50,500 target.
- Bullish Scenario: The chart shows a potential bullish scenario if the support levels hold, leading to a rise back towards and possibly beyond the recent highs.
Summary:
The Nifty Bank Index chart shows a potential double top formation indicating a bearish reversal. However, if the index finds support at the 50% (48,590) or 61.8% (48,320) Fibonacci retracement levels, there is a potential for a bullish reversal aiming for the 50,500 target. It is crucial to monitor these support levels for potential buying opportunities and confirmation of the upward trend resumption.
BANK NIFTY INTRADAY LEVELS FOR 28 MAY 2024BUY ABOVE - 49480
SL - 49290
TARGETS - 49670,49850,50000
SELL BELOW - 49290
SL - 49480
TARGETS - 49050,48800,48620
NO TRADE ZONE - 49050 to 49670
Previous Day High - 49670
Previous Day Low - 49050
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 👍
Review and plan(stocks to watch) for 28th May 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
330 % PROFIT. I analyzed Triangle Pattern on (19-01-2021).I have identified and Analyzed a "Triangle Pattern" on 19-01-2021, at that Time the Price was 45 rupees. Now SUCESSFULLY Breakout Triangle Pattern and Reach the Triangle Target. Overall PROFIT 330 % within 3 years. So the Pattern is most Crucial in stock market.
I want to help people Make Profit all over the World throughout my entire life. Additionally, I am eager to Receive Money form Worldwide because of my Potential.
Refer this image : charts.fyers.in
BANK NIFTY INTRADAY LEVELS FOR 28 MAY 2024BUY ABOVE - 49010
SL - 48800
TARGETS - 49250,49480,49610
SELL BELOW - 48800
SL - 49010
TARGETS - 48620,48460,48250
NO TRADE ZONE - 48800 to 49010
Previous Day High - 49010
Previous Day Low - 48620
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 👍
Review and plan for 27th May 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
COAL INDIA HAVE BROKEN & SUSTAINED ITS PREVIOUS ALL TIME HIGHPREVIOUS STUDY SHARED ON 06 MAY 2024 ....
Company is almost debt free.
Stock is providing a good dividend yield of 5.11%.
Company has a good return on equity (ROE) track record: 3 Years ROE 51.8%
Company has been maintaining a healthy dividend payout of 51.8%
New Projects 9MFY24
1 Environmental Clearance : EC has been obtained for 14 Proposals (Incremental EC Capacity of 9.85 MTY).
2 Forest Clearance : 1 proposal of wild life clearance (121.58 Ha) has been secured.
3 CIL has approved 5 Coal Mining Projects with a total capacity of 60.04 MTY and incremental capacity of 33.24 MTY.
Solar Power Generation
Aim to set up 3GW capacity of solar power projects to become net-zero by FY 25-26. CIL intends to add another 2 GW of renewable energy, aiming for a total installed capacity
of 5 GW.CIL is also participating in PAN-India Solar tenders of GUVNL, SECI etc to achieve the target of 5 GW. CIL has entered in an MOU with Rajasthan Rajya Vidyut Utpadan Nigam Ltd to develop Solar Power Project at Solar Park in Rajasthan.
BANK NIFTY INTRADAY LEVELS FOR 23 MAY 2024BUY ABOVE - 47990
SL - 47860
TARGETS - 48110,48250,48460
SELL BELOW - 47760
SL - 47860
TARGETS - 47580,47400,47200
NO TRADE ZONE - 47760 to 47990
Previous Day High - 48110
Previous Day Low - 47400
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 👍
Review and plan for 23rd May 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
BANK NIFTY INTRADAY LEVELS FOR 22/05/2024BUY ABOVE - 48250
SL - 48110
TARGETS - 48460,48660,48800
SELL BELOW - 47990
SL - 48110
TARGETS - 47860,47730,47570
NO TRADE ZONE - 47990 to 48100
Previous Day High - 48250
Previous Day Low - 47990
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 👍
Review and plan for 22nd May 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Bearish reversal in Bank Nifty?The candles have respected the resistance by 20 SMA or the basis of Bollinger Bands in the daily chart of Bank Nifty.
The trend in the first look is bullish (Dow theory) but there are signs of weakness as well.
I would avoid trading in Bank nifty but if I have to, I will sell on the rise.
#banknifty #nifty
BANK NIFTY INTRADAY LEVELS FOR 21 MAY 2024BUY ABOVE - 48200
SL - 48020
TARGETS - 48460,48660,48800
SELL BELOW - 48020
SL - 48200
TARGETS - 47860,47860,47570
NO TRADE ZONE - 48020 to 48200
Previous Day High - 48200
Previous Day Low - 47730
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 👍
Review and plan for 21st May 2024 Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
[INTRADAY] #BANKNIFTY PE & CE Levels(17/05/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48050 level then possible upside rally of 400-500 points upto 48450 level in todays session. Any Major downside only expected in case banknifty starts trading below 47950 level.
BANK NIFTY INTRADAY LEVELS FOR 17 MAY 2024BUY ABOVE - 48050
SL - 47860
TARGETS - 48220,48460,48660
SELL BELOW - 47860
SL - 48050
TARGETS - 47730,47570,47400
NO TRADE ZONE - 47860 to 48050
Previous Day High - 48050
Previous Day Low - 47400
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 👍