SNAP Wealth Management

18/10/2022

26/09/2022

Shorting Stock: Canara Bank
Canara Bank can be shorted below today’s low with a SL of today's high and can be shorted on a positional basis with a target of around 180 levels where the stock has a demand zone.
Approx Risk to Reward: 3:1

26/09/2022

Rejection Stock : Alkem Lab
It has been seen that the stock has seen multiple resistances from this level and this level can kept as SL and a short can be taken in this stock.

23/09/2022

The Immediate Demand Zone for Bank Nifty is 40450-40300,and since Bank Nifty also making lower lows on 15 Min Time Frame,the next demand zone could be a 1000 point lower at around 39300-39100.
The Resistances remain the same at 41600-41800.

23/09/2022

Nifty 50 Demand Zone @ 17530-17560 & Supply Zone at 17680-17740.
Since Nifty is already in the Demand Zone and the markets are in a negative trajectory,If Nifty sustains below the demand Zone,the next Demand Zone should be around 17470-17430.

20/09/2022

As the US fed is likely to hike interest rates by another 75 basis points,the markets are fearing that the rate hike may be more than just 75 basis points,the stock markets all over the world go into a caution mode.

19/09/2022

SGX Nifty and Bank Nifty Demand & Supply Zones on a 15 Min Time Frame for 21st Sep.

18/09/2022

Bank Nifty Resistance & Support Zones.

18/09/2022

The 2 Charts show important Support Levels and Rejection Levels of Nifty which can be used to open Weekly CE & PE Strangles of 17000 PE and 18000 Ce,with proper risk management.

01/03/2022

Luxuries,lies and anger have HUGE Maintenance costs,
For lies and anger the solution is with you only,
For luxuries SNP Wealth is there for you.

24/02/2022

If you were waiting for a dip to buy Stocks,this is a DIP.
Whether this deepens or not,nobody can say
BUT
THIS IS A DIP.