Nifty Intraday Analysis for 24th February 2025NSE:NIFTY
Index closed near 22795 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23000 Strike – 109.49 Lakh 23500 Strike – 99.51 Lakh
23100 Strike – 85.40 Lakh
Put Writing
22500 Strike – 86.90 Lakh
22200 Strike – 73.16 Lakh
23000 Strike – 59.06 Lakh
Index may reach 23000 - 23050 range, if crosses and sustains above 23050 level. Further, Index may reach 23150 - 23200 range, if sustain above 23100 level.
Index has immediate support near 22750 – 22700 range and if this support is broken then index may tank near 22650 – 22600 range.
Community ideas
Banknifty Intraday Analysis for 24th February 2025NSE:BANKNIFTY
Index closed near 48980 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
50000 Strike – 18.72 Lakh
49000 Strike – 15.07 Lakh 49500 Strike – 14.84 Lakh
Put Writing
49000 Strike – 13.39 Lakh
48000 Strike – 12.79 Lakh
48500 Strike – 9.88 Lakh
Index has resistance near 49500 – 49600 range and if index crosses and sustains above this level then may reach near 50300 – 50400 range.
Index has immediate support near 48500 - 48400 range and if this support is broken then index may tank near 47900 - 47800 range.
Finnifty Intraday Analysis for 24th February 2025NSE:CNXFINANCE
Index closed near 23175 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
23500 Strike – 2.57 Lakh
23300 Strike – 1.38 Lakh
23200 Strike – 1.14 Lakh
Put Writing
23500 Strike – 1.37 Lakh
23000 Strike – 1.24 Lakh
23400 Strike – 1.06 Lakh
Index has resistance near 23550 - 23400 range and if index crosses and sustains above this level then may reach near 23525 - 23575 range.
Index has immediate support near 23025 – 22975 range and if this support is broken then index may tank near 22775 – 22725 range.
Midnifty Intraday Analysis for 24th February 2025NSE:NIFTY_MID_SELECT
Index closed near 11200 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
11500 Strike – 8.69 Lakh
11300 Strike – 7.52 Lakh
11400 Strike – 6.68 Lakh
Put Writing
11000 Strike – 12.41 Lakh
11500 Strike – 6.38 Lakh
11300 Strike – 6.18 Lakh
Index has immediate resistance near 11350 – 11400 range and if index crosses and sustains above this level then may reach 11500 – 11550 range.
Index has immediate support near 11150 – 11100 range and if this support is broken then index may tank near 10950 – 10900 range.
Nifty Breakdown Symmetrical Triangle Pattern 24/02/2025Symbol : NIFTY , Exchange : NSE India , Timeframe : Daily Today Nifty breakdown Symmetrical triangle pattern . Symmetrical triangle first High resistance 26295 dated 27/09/2024 then next Higher Low 24800 drag this tow point line continue next Higher Low 23800 resistance respect the line. First Lower low 24050 on dated 23/07/2024 next lower low support 23270 drag this tow support line Next support the line respect 27/01/2025 on 22800. Today Nifty lower Low 22500 and breakdown Symmetrical triangle support line.
BankNifty levels - Feb 25, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
Nifty levels - Feb 25, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
Glaxosmithkline pharma looking good for swing tradingSwing Trade
Glaxosmithkline pharma looking godd above 2615. the stock price has retested its monthly breakout zone and has taken a strong bounce followed by a consolidation breakout.
Entry: Above 2615
SL: 2417
TGT: 2755, 2913, 3157
Enter with only 50% quantity as we are against the market sentiments
BABYDOGEUSDT - Strong Bullish PotentialThe daily chart of BABYDOGE/USDT shows a potential bullish breakout. After forming a strong low, the price is showing signs of reversal. Key observations:
✅ Break of Structure (BOS) and Change of Character (ChOCH) indicate trend shift.
✅ Strong liquidity zones and key support levels holding firm.
✅ Price could form higher highs and higher lows, targeting previous resistance levels.
✅ If price retests and holds support, we may see a strong parabolic move towards 0.00000006500 USDT and beyond.
Watch for a strong breakout confirmation before entering. Let me know your thoughts! 🚀📈
#BABYDOGE #Crypto #Altcoins #Trading #PricePrediction
Here is why Bitcoin cycle ATH in Q4 maybe @ 250 K USDT
This is my oldest chart
I trust this chart - Keeping iot simple
See the Pennant PA is currently in, under resistance of the 2.618 Fib Ext.
Previous 618 Ext have been support this cycle and this leads me to think we will remain here a while.
The Rising line of support we are in pushes PA to an apex in June and PA will react shortly before that time. ( PA may drop below support and then return before June)
Weekly MACD currently falling Bearish, resetting and should be Neutral by June and so I am seeing PA rising from there.
See how PA reacts to a Fib Circle. In this Cycle,
Note that this apex of the triangle we are currently in is just after the 9.618 Fib Circle.
IF we range into the Fib circle in June, I fully expect PA to Rise after
Last time we ranged into a Fib circle with a Neutral MACD, was in Jan 2023 on the 4.618.
This lead to a rise of just under 100%
The Upper Blue Trend Line is the Ascending line of the previous Bitcoin ATH Tops, back to 2017 on this chart but to 2013 on Longer range charts.
Many charts have confluence for a cycle Top in Q4 2025 and so, using that blue line, the expected push higher from BTC PA when it breaks out of pennant in June ( or near June), we end up around the 250K USDT mark
This would, like in Jan 2023, lead to a increase in Price around 100% ( a little more actually )
While this is all based on Assumptions that PA remains Calm and in Range while the MACD resets itself from Oversold, it has happened before and there exists the chance it will again
Obviously, PA may fall through the floor and so we all need to have plans for Both Bullish and Bearish scenarios. ( there is a strong possibility of a Dip to Mid 70K and swift return )
But over all, I find THIS chart to point towards a more realistic cycle Top ATH of 250 K
Some LOG charts point to a near 1Million USDT Cycle top and that, given the market Cap required, is probably not going to happen THIS cycle....... But it will one day
As ever, we take Bitcoin PA as it comes.....and react accordingly.
This week is going to be Fun
End of Month on Friday - Monthly patterns showing some interesting things.
I'll explain those next week after month close.
Gold Trend 24/02 - Take advantage of the S-T sideway range!Two weeks ago, the U.S. and Russia began negotiations for a ceasefire, causing gold prices to plummet from their high of $2,940 before the weekend. However, as the weekend passed without any progress, gold prices rebounded after opening on Monday, rising from their lowest point of $2,879 to a new high of $2,954 in the European session on Thursday.
Yet, after surpassing the previous high, gold prices did not continue to rise and retreated to around $2,935 before the weekend close.
Last week, gold prices attempted to break through the high three times but failed to stay above $2,945. The failure to break through suggests that selling pressure remains strong above $2,945, new news or economic figures are needed to stimulate the price to go for a new high. This week, we will be watching the U.S. GDP for Q4 on Thursday and the U.S. PCE inflation data on Friday.
1-hour chart (above) > The upward trend shows signs of slowing down. The upward support has slowed down from (1) to (1.1), and the trend has entered a relatively sideways state. The operating range is temporarily 2920-55(2) before the price escape.
Daily chart (above) > The overall trend fluctuates at a high level in the range of 2920-55, waiting for a breakout. You can still seize the opportunity to buy on the 10-day line, just like the last 2 weeks. In terms of trend, if the 5-day line falls below the 10-day line, it will be a reversal signal for a downward adjustment.
P.To
Make ur move nowManappuram CMP 206
the stock retested the trendline which is todays high on the weekly chart on the right.
RSI - every rise in the stock could not push the RSI above the bear zone. It was telling us that all is still not hunky dory with the stock. Now the RSI is also below its averages and this is telling me this stock will correct majorly again.
Andhra Paper LtdDate 24.02.2025
Andhra Paper
Timeframe : Weekly
Strengths
1 Has shown a good profit growth of 323.36% for the Past 3 years.
2 Has shown a good revenue growth of 26.63% for the Past 3 years.
3 Has been maintaining healthy ROE of 24.03% over the past 3 years.
4 Has been maintaining healthy ROCE of 31.48% over the past 3 years.
5 Company is virtually debt free.
6 Company has a healthy Interest coverage ratio of 104.21.
7 Has been maintaining an effective average operating margins of 21.13% in the last 5 years.
8 Efficient Cash Conversion Cycle of -28.20 days.
9 Healthy liquidity position with current ratio of 3.06.
10 Good cash flow management; CFO/PAT stands at 1.11.
11 High promoter holding of 72.45%
Regards,
Ankur
XAUUSD GOLD Analysis on (24/02/2025)#XAUUSD UPDATEDE
Current price - 2945
If price stay below 2955, then next target 2925,2905 and above that 2970
Plan;If price break 2945-2950 area,and stay below 2942,we will place sell order in gold with target of 2925 and 2915 & stop loss should be placed at 2954
Dhatre Udyog cmp 9.78 by Daily Chart view**** *STRICTLY A PENNY STOCK* ****
***** *Do Your Own Due Diligence Before Any Kind Of Trade Consideration* *****
*Dhatre Udyog cmp 9.78 by Daily Chart view*
- Support Zone at 7.35 to 8.75 Price Band
- Falling Resistance Trendline Breakout After A Good Long 10 Months Timeframe
- Target And Strict Stop Loss Consideration Will Needs To Be Done Your Personal Analysis
XAUUSD GOLD Analysis on(21/02/2025)#XAUUSD UPDATE...!!!
Current price - 2920
If price stay above 2905, then next target 2940,2960 and below that 2890
Plan;If price break 2920-2915 area, and stay above 2920,we will place buy order in gold with target of 2940 and 2960 & stop loss should be placed at 2905
Every Rise is selling opportunity till June 2025 at least As of February 24, 2025, the Nifty 50 index is experiencing notable downward momentum. The market will likely remain under selling pressure until at least June 2025 due to global economic uncertainty, high interest rates, and potential liquidity tightening. Any short-term rallies should be seen as opportunities to exit positions or book profits before another downturn. Institutional investors may continue unwinding positions, keeping resistance levels intact. The trend remains bearish until strong fundamental changes emerge, making every rise a strategic selling opportunity.
GBP USD Warnig sign on 4H Perfect Setup - Sell4H Fisher TSI are at top. This is ripe for a good fall from here at 1.26682 price.
It will be only a matter of time before continuous fall. Exit at current level is visible on 4H Perfect Setup.
With 4H extended Top in Fisher & TSI, 1D Fisher & TSI reached at Top. This rise (in 1D and 4H) was overstretched because despite 1D rise, 1W TSI could not be triggered. Meaning that current up move has no much steam left. Weak upmove.
"JSW Infra: Climbing the Crane of Success!""JSW Infra: Sailing Toward the Fibonacci 0.618 Dock! 🚢📈"
This means the stock is likely retracing to the golden ratio (61.8%) level, a key Fibonacci retracement point often seen as strong support or resistance in technical analysis.
🚨 Disclaimer: Not Financial Advice! 🚨
** This is for educational purposes only! 📚😂 Do your own research, consult a professional, and remember—stocks can go up, down, or sideways faster than your morning coffee spills! ☕📉📈 Invest responsibly! 🚀💸 **