Hero MotoCorp I Bullish Signals – Time to Invest or Trade?Trade Plan
Enter after strong Breakout of 3,896 levels, Stop loss below entry candle 15m time frame(Not more than (0.5%)
Pro Tip
As we are on a weekly support of the stock and it is taking support from it we could be seeing a trend day where the price consistently moves in one direction throughout the trading session, with minimal price reversals. So to capture the big move You can trail stoploss on previous swing or an EMA of your preference. Eg:10,20
Buy above 3,896.70 ( after close on 15m TF)
Target 1 - 3,950.95
Target 2 - 3,976.15
Target 3 - 4,015.55
Not an Investment Advise
Supply and Demand
Nifty Intraday Analysis for 19th February 2025NSE:NIFTY
Index closed near 22945 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23500 Strike – 92.78 Lakh 23200 Strike – 80.01 Lakh
23300 Strike – 66.18 Lakh
Put Writing
22500 Strike – 61.90 Lakh
22700 Strike – 61.54 Lakh
22800 Strike – 50.23 Lakh
Index may reach 23200 - 23250 range, if crosses and sustains above 23000 level. Further, Index may reach 23400 - 23450 range, iIf sustain above 23300 level.
Index has immediate support near 22750 – 22700 range and if this support is broken then index may tank near 22650 – 22600 range.
BaknNifty levels - Feb 20, 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.
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Nifty levels - Feb 20, 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!
Midnifty Intraday Analysis for 18th February 2025NSE:NIFTY_MID_SELECT
Index closed near 11175 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
11000 Strike – 7.64 Lakh
11500 Strike – 6.17 Lakh
11400 Strike – 3.76 Lakh
Put Writing
11000 Strike – 13.93 Lakh
10800 Strike – 4.10 Lakh
11100 Strike – 3.82 Lakh
Inverse Head & Shoulder pattern is being formed on the Index on 15 Minute chart which is signalling upside momentum.
Index has immediate resistance near 11350 – 11400 range and if index crosses and sustains above this level then may reach 11550 – 11600 range.
Index has immediate support near 11000 – 10950 range and if this support is broken then index may tank near 10850– 10800 range.
Nifty Intraday Analysis for 18th February 2025NSE:NIFTY
Index closed near 22960 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23500 Strike – 76.13 Lakh 23300 Strike – 74.60 Lakh
23700 Strike – 71.27 Lakh
Put Writing
22500 Strike – 62.01 Lakh
22600 Strike – 56.88 Lakh
22800 Strike – 50.76 Lakh
Inverse Head & Shoulder pattern is being formed on the Index on 15 Minute chart which is signalling upside momentum.
Index may reach 23200 - 23250 range, if crosses and sustains above 23000 level. Further, Index may reach 23400 - 23450 range, iIf sustain above 23300 level.
Index has immediate support near 22750 – 22700 range and if this support is broken then index may tank near 22650 – 22600 range.
Banknifty Intraday Analysis for 18th February 2025NSE:BANKNIFTY
Index closed near 49260 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
50000 Strike – 13.21 Lakh
50500 Strike – 12.38 Lakh 49000 Strike – 10.31 Lakh
Put Writing
49000 Strike – 13.07 Lakh
48000 Strike – 11.95 Lakh
50000 Strike – 8.08 Lakh
Inverse Head & Shoulder pattern is being formed on the Index on 15 Minute chart which is signalling upside momentum.
Index has resistance near 49800 – 49900 range and if index crosses and sustains above this level then may reach near 50400 – 50500 range.
Index has immediate support near 48700 - 48600 range and if this support is broken then index may tank near 48000 - 47900 range.
Finnifty Intraday Analysis for 18th February 2025NSE:CNXFINANCE
Index closed near 23270 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
23500 Strike – 1.04 Lakh
23000 Strike – 0.61 Lakh
23200 Strike – 0.61 Lakh
Put Writing
23500 Strike – 0.85 Lakh
23000 Strike – 0.80 Lakh
23100 Strike – 0.55 Lakh
Inverse Head & Shoulder pattern is being formed on the Index on 15 Minute chart which is signalling upside momentum.
Index has resistance near 23475 - 23525 range and if index crosses and sustains above this level then may reach near 23675 - 23725 range.
Index has immediate support near 23025 – 22975 range and if this support is broken then index may tank near 22850 – 22800 range.
Nifty levels - Feb 19, 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!
BankNifty levels - Feb 19, 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!
GBPUSD - TREND REVERSAL?Symbol - GBPUSD
GBPUSD is attempting to capitalize on a potential trend reversal amid the ongoing correction of the U.S. dollar. The price is currently testing a key resistance level within a consolidation phase, indicating a possible breakout. On the daily timeframe, the price remains above the previously breached trendline, with the effort to surpass the resistance providing insights into market sentiment. A continued correction in the dollar could benefit the British pound, particularly if the U.S. Dollar Index breaks below 107 and moves toward the 106-105 range.
From a technical perspective, attention is centered on the 1.257 level, which acts as a crucial resistance threshold. A sustained break and consolidation above this level may trigger a rally.
Resistance levels: 1.2575, 1.2718
Support levels: 1.250, 1.2377
I do not rule out the possibility of a retest of the 1.250 support level to accumulate liquidity before further upward movement. The dollar is expected to continue its correction following remarks from Trump and Powell regarding potential rate cuts.
Nifty Intraday Analysis for 20th February 2025NSE:NIFTY
Index closed near 22935 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23500 Strike – 122.29 Lakh 23100 Strike – 100.52 Lakh
23000 Strike – 82.43 Lakh
Put Writing
22500 Strike – 81.68 Lakh
22800 Strike – 73.10 Lakh
22900 Strike – 48.87 Lakh
Index may reach 23100 - 23150 range, if crosses and sustains above 23000 level. Further, Index may reach 23250 - 23300 range, iIf sustain above 23300 level.
Index has immediate support near 22800 – 22750 range and if this support is broken then index may tank near 22650 – 22600 range.
Banknifty Intraday Analysis for 20th February 2025NSE:BANKNIFTY
Index closed near 49570 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
50000 Strike – 12.37 Lakh
50500 Strike – 11.69 Lakh 49500 Strike – 10.46 Lakh
Put Writing
49000 Strike – 15.95 Lakh
48500 Strike – 10.23 Lakh
49500 Strike – 9.12 Lakh
Index has resistance near 50000 – 50100 range and if index crosses and sustains above this level then may reach near 50400 – 50500 range.
Index has immediate support near 49000 - 48900 range and if this support is broken then index may tank near 48700 - 48500 range.
Finnifty Intraday Analysis for 20th February 2025NSE:CNXFINANCE
Index closed near 23455 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
24000 Strike – 3.92 Lakh
23500 Strike – 2.12 Lakh
23900 Strike – 1.15 Lakh
Put Writing
23500 Strike – 1.62 Lakh
23000 Strike – 1.16 Lakh
23100 Strike – 0.67 Lakh
Index has resistance near 23550 - 23600 range and if index crosses and sustains above this level then may reach near 23725 - 23775 range.
Index has immediate support near 23250 – 23200 range and if this support is broken then index may tank near 23050 – 23000 range.
Midnifty Intraday Analysis for 20th February 2025NSE:NIFTY_MID_SELECT
Index closed near 11270 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
11500 Strike – 7.74 Lakh
11300 Strike – 4.88 Lakh
11400 Strike – 3.46 Lakh
Put Writing
11000 Strike – 13.55 Lakh
11200 Strike – 4.73 Lakh
11100 Strike – 4.69 Lakh
Index has immediate resistance near 11375 – 11435 range and if index crosses and sustains above this level then may reach 11500 – 11550 range.
Index has immediate support near 11100 – 11050 range and if this support is broken then index may tank near 10925– 10875 range.
Banknifty Intraday Analysis for 19th February 2025NSE:BANKNIFTY
Index closed near 49085 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
50000 Strike – 14.49 Lakh
50500 Strike – 12.42 Lakh 49000 Strike – 11.60 Lakh
Put Writing
49000 Strike – 12.22 Lakh
48000 Strike – 12.14 Lakh
48500 Strike – 7.31 Lakh
Index has resistance near 49700 – 49800 range and if index crosses and sustains above this level then may reach near 50300 – 50400 range.
Index has immediate support near 48600 - 48500 range and if this support is broken then index may tank near 48100 - 48000 range.
Finnifty Intraday Analysis for 19th February 2025NSE:CNXFINANCE
Index closed near 23280 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
23500 Strike – 1.15 Lakh
23200 Strike – 0.74 Lakh
23400 Strike – 0.65 Lakh
Put Writing
23000 Strike – 0.92 Lakh
23500 Strike – 0.91 Lakh
23200 Strike – 0.73 Lakh
Index has resistance near 23475 - 23525 range and if index crosses and sustains above this level then may reach near 23675 - 23725 range.
Index has immediate support near 23025 – 22975 range and if this support is broken then index may tank near 22850 – 22800 range.
Midnifty Intraday Analysis for 19th February 2025NSE:NIFTY_MID_SELECT
Index closed near 11135 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
11500 Strike – 7.30 Lakh
11000 Strike – 6.19 Lakh
11400 Strike – 3.85 Lakh
Put Writing
11000 Strike – 11.77 Lakh
10800 Strike – 4.14 Lakh
11100 Strike – 4.00 Lakh
Index has immediate resistance near 11300 – 11350 range and if index crosses and sustains above this level then may reach 11450 – 11500 range.
Index has immediate support near 11000 – 10950 range and if this support is broken then index may tank near 10850– 10800 range.
Ethereum - Technical - Weekly❣️#Ethereum has been experiencing a downward trend with lower highs and lower lows, suggesting a bearish outlook in the short term. However, there are signs of a potential sideways movement in the very short term.
sharing a 📉chart for your reference so any body can learn and make decision.💟
Redington: Swing Trade OpportunityRedington has demonstrated a significant recovery after a rebound from the demand zone, which is identified between the price levels of 158 to 161. The stock has successfully breached the previously established resistance range of 186 to 189, closing above this critical level, which is a positive indicator for potential further upward movement.
The price movement from lower lows to higher highs illustrates a robust bullish trend. Notably, the stock has encountered the 61.8% Fibonacci retracement level multiple times, reinforcing the notion of a strong upward trajectory in the near term. This recurring interaction with the Fibonacci level suggests that the market participants view this area as a strong point of support and resistance, which is crucial for traders to consider.
Further corroborating the positive outlook, both the Relative Strength Index and the Moving Average Convergence Divergence indicators on the daily and weekly time frames reflect strong buying momentum. An RSI value above 70 may indicate an overbought condition; however, current readings suggest that the stock is not yet in that territory, leaving room for potential upward movement. Meanwhile, the MACD crossing above its signal line indicates a bullish trend.
The stock currently appears poised for accumulation at the current market price. Traders and investors should be aware of a potential resistance range at approximately 225 to 227. It is advisable to consider placing a stop-loss order below the demand zone, ideally around the 158 level, to mitigate potential losses in the event of an unfavourable market movement.
Disclaimer:
The information contained in this technical analysis report is for informational and educational purposes only and should not be construed as financial advice. It is recommended that individuals conduct their own research or consult a qualified financial advisor and consider their financial situation and risk tolerance before making any investment decisions.