Get started

Optionsstrategies

BANK NIFTY INTRADAY LEVELS FOR 3rd JULY 2024BUY ABOVE - 52200 SL - 52000 TARGETS - 52400,52670,53000 SELL BELOW - 52000 SL - 52200 TARGETS - 521740,51510,51200 NO TRADE ZONE - 52000 to 52200 Previous Day High - 52824 Previous Day Low - 52000 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 👍
NSE:BANKNIFTY
by Jagadheesh_JP
NIFTY INTRADAY LEVELS FOR 3rd JULY 2024BUY ABOVE - 24160 SL - 24060 TARGETS - 24240,24330,24450 SELL BELOW - 24060 SL - 24160 TARGETS - 23990,23900,23800 NO TRADE ZONE - 24060 to 24160 Previous Day High - 24240 Previous Day Low - 24060 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 👍
NSE:NIFTY
by Jagadheesh_JP
NIFTY INTRADAY LEVELS FOR 2ND JULY 2024BUY ABOVE - 24160 SL - 24100 TARGETS - 24280,24380,24480 SELL BELOW - 24010 SL - 24100 TARGETS - 23900,23800,23740 NO TRADE ZONE - 24010 to 24160 Previous Day High - 24160 Previous Day Low - 24010 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 👍
NSE:NIFTY
by Jagadheesh_JP
BANK NIFTY INTRADAY LEVELS FOR 2ND JULY 2024BUY ABOVE - 52670 SL - 52400 TARGETS - 53000,53200,53400 SELL BELOW - 52400 SL - 52670 TARGETS - 52200,51960,51740 NO TRADE ZONE - 52400 to 52670 Previous Day High - 52670 Previous Day Low - 52200 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 👍
NSE:BANKNIFTY
by Jagadheesh_JP
BANK NIFTY INTRADAY LEVELS FOR 01/07/2024BUY ABOVE - 52400 SL - 52200 TARGETS - 52670,53000,53200 SELL BELOW - 52200 SL - 52400 TARGETS - 51960,51740,51510 NO TRADE ZONE - 52200 to 52400 Previous Day High - 53000 Previous Day Low - 52200 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 👍
NSE:BANKNIFTY
by Jagadheesh_JP
NIFTY INTRADAY LEVELS FOR 01/07/2024BUY ABOVE - 24160 SL - 24100 TARGETS - 24280,24380,24480 SELL BELOW - 24010 SL - 24100 TARGETS - 23900,23800,23740 NO TRADE ZONE - 24010 to 24160 Previous Day High - 24160 Previous Day Low - 24010 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 👍
NSE:NIFTY
by Jagadheesh_JP
BANK NIFTY INTRADAY LEVELS FOR 28 JUNE 2024BUY ABOVE - 53000 SL - 52670 TARGETS - 53200,53400,53600 SELL BELOW - 52670 SL - 53000 TARGETS - 52400,52200,51960 NO TRADE ZONE - 52670 to 53000 Previous Day High - 53200 Previous Day Low - 52670 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 👍
NSE:BANKNIFTY
by Jagadheesh_JP
2
NIFTY INTRADAY LEVELS FOR 28 JUNE 2024BUY ABOVE - 24100 SL - 24010 TARGETS - 24200,24280,24380 SELL BELOW - 24010 SL - 24100 TARGETS - 23900,23800,23740 NO TRADE ZONE - 24010 to 24100 Previous Day High - 24100 Previous Day Low - 23800 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 👍
NSE:NIFTY
by Jagadheesh_JP
USDJPY: The Buyer still holds controlThe USD/JPY exchange rate has shown an upward trend after breaking above the 159.00 level, sparking concerns that the Japanese government or the Bank of Japan (BoJ) might intervene in the forex market. With the Relative Strength Index continuing to rise, the momentum is currently in favor of buyers. Should USD/JPY surpass the psychological barrier of 160.00, the next resistance level to watch would be the year-to-date high of 160.32. Further gains are anticipated beyond 160.50, targeting the 161.00 level.
Long
by HamedMarkets
1
BANK NIFTY INTRADAY LEVELS FOR 27 JUNE 2024BUY ABOVE - 53000 SL - 52670 TARGETS - 53200,53400,53600 SELL BELOW - 52670 SL - 53000 TARGETS - 52400,52200,51960 NO TRADE ZONE - 52670 to 53000 Previous Day High - 53000 Previous Day Low - 52400 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 👍
NSE:BANKNIFTY
by Jagadheesh_JP
NIFTY INTRADAY LEVELS FOR 27 JUNE 2024BUY ABOVE - 23890 SL - 23840 TARGETS - 24000,24080,24150 SELL BELOW - 23800 SL - 23840 TARGETS - 23750,23700,23660 NO TRADE ZONE - 23800 to 23890 Previous Day High - 23890 Previous Day Low - 23660 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 👍
NSE:NIFTY
by Jagadheesh_JP
BANK NIFTY INTRDAY LEVELS FOR 26 JUNE 2024BUY ABOVE - 52670 SL - 52500 TARGETS - 53000,53200,53400 SELL BELOW - 52500 SL - 52670 TARGETS - 52200,51960,51740 NO TRADE ZONE - 52500 to 52670 Previous Day High - 52750 Previous Day Low - 51740 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 👍
NSE:BANKNIFTY
by Jagadheesh_JP
NIFTY INTRADAY LEVELS FOR 26 JUNE 2024BUY ABOVE - 23750 SL - 23700 TARGETS - 23800,23870,23930 SELL BELOW - 23700 SL - 23750 TARGETS - 23660,23610,23570 NO TRADE ZONE - 23700 to 23750 Previous Day High - 23750 Previous Day Low - 23570 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 👍
NSE:NIFTY
by Jagadheesh_JP
Will USDJPY cause obstacles on the road to recovery?The Japanese Yen (JPY) extends its gains for the second consecutive session on Tuesday. The USD/JPY pair remains within touching distance of the 160.00 level that recently pushed Japanese authorities to spend billions of dollars in Yen-buying intervention, per Reuters. Japan’s Corporate Service Price Index (YoY) rose 2.5% in May, slowing from a 2.7% increase in April. Investors now look ahead to more domestic economic reports this week including Retail Sales, Unemployment data for May and Tokyo’s inflation figures for June. On the USD front, the revised US Gross Domestic Product (GDP) for the first quarter (Q1) is set to be released on Thursday, followed by the Personal Consumption Expenditure (PCE) Price Index on Friday. USD/JPY Technical Overview USD/JPY trades around 159.30 on Tuesday. Analyzing the daily chart shows a bullish bias, with the pair hovering near the upper boundary of an ascending channel pattern. The 14-day Relative Strength Index (RSI) is positioned above the 50 level, indicating upward momentum. Surpassing the upper threshold of the ascending channel pattern around 159.90 will reinforce the bullish sentiment, potentially driving the USD/JPY pair toward 160.32, the highest level since April and a major resistance point. On the downside, immediate support appears at the nine-day Exponential Moving Average (EMA) at 158.60. A breach below this level could intensify downward pressure on the USD/JPY pair, potentially driving it toward the lower boundary of the ascending channel around 155.60. A break below this level could push the pair to test the throwback support around 152.80. Long or Short? If you’re in the trade, which side are you on? Are you long the dollar-yen or short it? Let us know in the comments below!
by HamedMarkets
Gold price edges lower amid cautious Fed rhetoricGold prices (XAU/USD) traded in positive territory on Tuesday despite a weaker greenback. A stronger-than-expected US purchasing managers index (PMI) released last week prompted Federal Reserve (Fed) officials to push back the timing of their first interest rate cut this year. , this continues to limit gold's upward momentum. However, safe-haven flows due to geopolitical tensions in the Middle East and Ukraine could boost the yellow metal in the near term. Investors will take more cues from speeches by Fed members on Tuesday, with Lisa Cook and Michelle Bowman expected to speak. The key US economic data to watch closely this week will be the final figures on US Gross Domestic Product (GDP) for the first quarter (Q1) on Thursday and the Price Index Personal consumption expenditures (PCE) for May. on Friday. Any evidence of an easing inflation trend could boost expectations of a Fed rate cut by the end of 2024. This in turn could drag the Greenback lower and create a favorable wind for Gold priced in USD. XAU/USD Technical Overview The gold price trades on a softer note on the day. The precious metal has formed a descending trend channel since May 10 on the daily timeframe. However, the yellow metal keeps the bullish vibe above the key 89-day Exponential Moving Average (EMA). Still, further consolidation cannot be ruled out as the 14-day Relative Strength Index (RSI) hovers around the 50-midline, indicating a neutral level between bullish and bearish positions. The upper boundary of the descending trend channel at $2,350 will be the first stop for XAU/USD. A break above this level will pave the way to $2,387, a high of June 7. Further north, the next hurdle is seen at the all-time high of $2,450. On the other hand, a low of June 21 at $2,316 acts as an initial support level for the yellow metal. Any follow-through selling will see a drop to $2,285, a low of June 7. The key contention level to watch is the $2,255-$2,260 zone, portraying the 89-day EMA and the lower limit of the descending trend channel.
OANDA:XAUUSD
by HamedMarkets
Should EUR/USD be bought?Dear traders! EUR/USD edged up in a slight recovery after falling to 1.0670 last Friday. The new trading week is starting with risk appetite pushed higher, sending the US Dollar lower and strengthening the Euro as investors head into a relatively quiet Tuesday. In the near term and according to the 4-hour chart, risks are increasingly turning to the downside. EUR/USD develops above the EMA level, nonetheless maintaining a downtrend. EMA 34 and 89 also point south above current levels. Finally, technical indicators lost their upward strength after testing the midline and slowly turned south, in line with another leg to the downside. Support levels: 1.0710 1.0665 1.0620 Resistance: 1.0760 1.0810 1.0840
Long
by HamedMarkets
7
BANK NIFTY INTRADAY LEVELS FOR 25 JUNE 2024BUY ABOVE - 51740 SL - 51510 TARGETS - 51960,52200,52500 SELL BELOW - 51510 SL - 51740 TARGETS - 5151200,50950,50730 NO TRADE ZONE - 51510 to 51740 Previous Day High - 51740 Previous Day Low - 51200 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 👍
NSE:BANKNIFTY
by Jagadheesh_JP
Should you buy gold while it remains stable above 2300 USD?Dear traders! Gold price today decreased slightly, trading around 2,326 USD, emphasizing a decrease of 10 USD. It is worth noting that gold weekdays will be less volatile until the end of this week's May US core personal consumption expenditures index report is released, if weaker data could increase The possibility that the US Federal Reserve (Fed) will soon cut interest rates in 2024 will support precious metals. On the contrary, higher-than-expected data will cause gold to fall deeper. Hamed's strategy of buying on dips is still appreciated as long as gold remains positive above the $2,300 support level. We can still look at buy orders up to the indicated levels. Notice these short-term areas on smaller timeframes: - Support level: 2316 USD, 2306 USD - Resistance level: 2335 USD, 2365 USD.
OANDA:XAUUSDLong
by HamedMarkets
7
Gold sellers target $2,300 again as the new week beginsDear traders! Gold prices are falling early Monday after seeing a sell-off of more than 1% on Friday. Gold traders are now looking forward to a series of speeches from US Federal Reserve policymakers later on Monday to signal the new policy and its impact on the USD. Despite the triangle breakout confirmed last Thursday, Gold prices were unable to extend the bullish breakout and returned to the ascending channel limit once again, resulting in a weekly close below the Midpoint. Simple Moving Average (EMA)34, currently at $2,325. Such a move has buoyed sellers. Furthermore, the Bear Cross confirmed last week, after the 34-day EMA crossed the 89-day EMA from above on a daily closing basis, remains a cause of concern for buyers.
OANDA:XAUUSDShort
by HamedMarkets
5