Get started

Supply and Demand

Gold entering mid term selling in profit booking zone...The daily order flow analysis for gold indicates a positive delta of approximately 24K on a spinning candle, suggesting indecision in the market. This signals that the recent 3-day gold rally is losing momentum, with no significant profit booking observed yet. However, immediate aggressive buying seems to be taking a pause. As a result, intraday selling pressure appears likely in the near term. Selling gold is seen on cards.
FX_IDC:XAUUSDShort
by XAUUSDANALYST
Nifty Expiry Support&Resistance Levels for 21 st Nov ThursdayImmediate Support: 23425 to 23350 area: If this support range holds, you are suggesting a possible long trade. The targets for this long position would be: 23500 23550 23600 23670 Voilation of supports and sustains below 23200 and 23k targets will open up. Immediate Resistance: 23670 area: This level is critical. You are considering two possibilities here: Rejection at 23670: If price reverses from this level, it could be an opportunity to short the market. Breakout above 23670: A breakout would signal a potential long trade, with targets extending up to the next resistance range of 23750 to 23800,23850. Expected Range for the Week: 450-point range: Expecting Nifty to trade within a range of approximately 450 points unless geopolitical tensions (like the Russia-Ukraine conflict) cause significant market disruption. This is a well-structured approach with clear levels for both support and resistance, and it effectively accounts for both technical signals and geopolitical risks. Keeping an eye on these levels should help in managing trades this week.
NSE:NIFTY
by rakeshreddym
Nifty Intraday Analysis for 21st November 2024NSE:NIFTY Index closed near 23520 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24000 Strike – 100.49 Lakh 23800 Strike – 67.76 Lakh 23700 Strike – 58.44 Lakh Put Writing 23000 Strike – 60.99 Lakh 23500 Strike – 47.00 Lakh 23200 Strike – 36.91 Lakh Index has immediate support near 23350 – 23300 range and if this support is broken then index may tank near 23100 – 23000 range. Index has resistance near 23650 – 23750 range and if index crosses and sustains above this level then may reach near 23950 - 24000 range.
NSE:NIFTY
by RKMAURYA
BANKNIFTY View Bounce and Break !Hello mates sharing a view on Banknifty on Weekly time frame, So as we can see that after a good correction form all time highs now price reached to weekly support level. NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis. NOTE : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. I will try my best to update this publication for a bounce or a break too stay tuned. Hope you like my idea, Thanks in advance.
NSE:BANKNIFTY
by MISSION_TRADING
2
Nifty levels - Nov 21, 2024Nifty 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!
NSE:NIFTY
by sacxe
Banknifty Intraday Analysis for 19th November 2024NSE:BANKNIFTY Index closed near 50365 level and Maximum Call and Put Writing near CMP as below in current Monthly contract: Call Writing 51000 Strike – 16.62 Lakh 51500 Strike – 14.43 Lakh 50500 Strike – 10.92 Lakh Put Writing 49500 Strike – 19.33 Lakh 50000 Strike – 17.10 Lakh 49000 Strike – 12.58 Lakh Index has immediate support near 49800 - 49700 range and if this support is broken then index may tank near 49500 - 49400 range. Index has resistance near 50800 – 50900 range and if index crosses and sustains above this level then may reach near 51300 – 51400 range.
NSE:BANKNIFTY
by RKMAURYA
2
BankNifty Support&Resistance for 19th November TuesdayImmediate support is at 50300, and immediate resistance is at 50450. If the price breaks above 50450, look for long positions with targets at 50600, 50800, and potentially up to the 51K area. On the flip side, if the price breaks below 50300, consider shorting with targets at 50100, 50000, and 49900 below. Avoid trading in the zone between 50300 and 50450, as this is a neutral area. Overall, the market is still in a bearish structure, with lower lows and higher lows. Be cautious around these levels, and stick to the plan: bullish above 50450 and bearish below 50300. Stay disciplined, and manage your risk."
NSE:BANKNIFTY
by rakeshreddym
Nifty Intraday Analysis for 19th November 2024NSE:NIFTY Index closed near 23455 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24000 Strike – 88.90 Lakh 23500 Strike – 63.16 Lakh 23700 Strike – 56.76 Lakh Put Writing 23000 Strike – 63.52 Lakh 23500 Strike – 52.89 Lakh 23200 Strike – 43.92 Lakh Index has immediate support near 23350 – 23300 range and if this support is broken then index may tank near 23100 – 23000 range. Index has resistance near 23650 – 23750 range and if index crosses and sustains above this level then may reach near 23950 - 24000 range.
NSE:NIFTY
by RKMAURYA
Finnifty Intraday Analysis for 19th November 2024NSE:CNXFINANCE Index closed near 23260 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 23500 Strike – 20.45 Lakh 23400 Strike – 17.59 Lakh 23800 Strike – 17.55 Lakh Put Writing 23000 Strike – 19.28 Lakh 23100 Strike – 16.19 Lakh 22800 Strike – 15.07 Lakh Index has immediate support near 23000 – 22900 range and if this support is broken then index may tank near 22800 – 22700 range. Index has resistance near 23450 - 23500 range and if index crosses and sustains above this level then may reach near 23700 - 23750 range.
NSE:CNXFINANCE
by RKMAURYA
Midnifty Intraday Analysis for 19th November 2024NSE:NIFTY_MID_SELECT Index closed near 12090 level and Maximum Call and Put Writing near CMP as below in current Monthly contract: Call Writing 12100 Strike – 4.98 Lakh 12200 Strike – 1.76 Lakh 12300 Strike – 1.50 Lakh Put Writing 12100 Strike – 3.65 Lakh 12000 Strike – 2.62 Lakh 11900 Strike – 1.01 Lakh Index has immediate support near 12000 – 12950 range and if this support is broken then index may tank near 11800 – 11750 range. Index has immediate resistance near 12225 - 12275 range and if index crosses and sustains above this level then may reach 12350 – 12400 range.
N
by RKMAURYA
BankNifty Intraday Support & Resistance Levels for 21.11.2024On Tuesday, BankNifty opened gap-up, broke the 15m resistance zone, and rallied to a high of 50,983.50, meeting the anticipated resistance range of 50,725 - 51,000. However, during the last trading hour, it gave up all its gains and hit a day low of 50,440.85, eventually closing at 50,626.50, up by 262 points from the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) is still negative. Demand/Support Zones Near Support (Daily): 49,654.65 - 49,959.25 (already touched twice) Far Support: 49,282.65 (61.8% Fibonacci level) Far Support Zone (Daily): 44,633.85 - 45,750.40 Supply/Resistance Zones Near Resistance (30m): 50,774.35 - 50,876.45 Far Resistance (30m): 51,586.35 - 51,874.70 Far Resistance (Daily): 51,562.70 - 52,493.95
NSE:BANKNIFTY
by PriteshPal
Nifty Intraday Support & Resistance Levels for 21.11.2024On Tuesday, Nifty opened gap-up and rallied to a high of 23,780.65 (gaining 262 points over the previous close). However, during the last hour of trading, it lost all its gains and touched a low of 23,464.80, eventually closing at 23,518.50, with a modest gain of 64 points. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) is still negative. For the fourth consecutive day, Nifty closed inside the Daily Demand Zone (23,350 - 23,667.10), indicating selling pressure on every rise. As reiterated earlier: "If Nifty holds the support at the lower boundary of the demand zone (23,350), we might see bullish momentum toward 23,900 - 24,250." Demand/Support Zones Near Demand/Support Zone (Daily): 23,350 - 23,667.10 (current price inside the zone) Far Support: 23,189.88 (61.8% FIBO Level) Far Demand/Support Zone (Daily): 22,642.60 - 22,910.15 Supply/Resistance Zones Near Minor Resistance (15m): 23,686.15 - 23,726.90 Near Resistance (30m): 23,908.65 - 23,992.50 Far Resistance (75m): 24,106.90 - 24,242.00 Far Resistance (75m): 24,447.65 - 24,537.60 Far Resistance (75m): 24,636.75 - 24,741.45
NSE:NIFTY
by PriteshPal
Banknifty Intraday Analysis for 21st November 2024NSE:BANKNIFTY Index closed near 50625 level and Maximum Call and Put Writing near CMP as below in current Monthly contract: Call Writing 52000 Strike – 20.74 Lakh 51000 Strike – 20.12 Lakh 51500 Strike – 15.64 Lakh Put Writing 49500 Strike – 19.16 Lakh 50000 Strike – 14.62 Lakh 51000 Strike – 14.12 Lakh Index has immediate support near 50000 - 49900 range and if this support is broken then index may tank near 49500 - 49400 range. Index has resistance near 50900 – 51000 range and if index crosses and sustains above this level then may reach near 51400 – 51500 range.
NSE:BANKNIFTY
by RKMAURYA
Finnifty Intraday Analysis for 21st November 2024NSE:CNXFINANCE Index closed near 23260 level and Maximum Call and Put Writing near CMP as below in current Monthly contract: Call Writing 23500 Strike – 1.06 Lakh 23400 Strike – 0.94 Lakh 23800 Strike – 0.93 Lakh Put Writing 23400 Strike – 0.82 Lakh 23500 Strike – 0.65 Lakh 23300 Strike – 0.50 Lakh Index has immediate support near 23100 – 23000 range and if this support is broken then index may tank near 22800 – 22750 range. Index has resistance near 23450 - 23500 range and if index crosses and sustains above this level then may reach near 23700 - 23750 range.
NSE:CNXFINANCE
by RKMAURYA
Midnifty Intraday Analysis for 21st November 2024NSE:NIFTY_MID_SELECT Index closed near 12170 level and Maximum Call and Put Writing near CMP as below in current Monthly contract: Call Writing 12300 Strike – 6.15 Lakh 12200 Strike – 3.41 Lakh 12300 Strike – 3.27 Lakh Put Writing 12000 Strike – 3.67 Lakh 12100 Strike – 3.38 Lakh 12300 Strike – 3.29 Lakh Index has immediate support near 12000 – 12950 range and if this support is broken then index may tank near 11800 – 11750 range. Index has immediate resistance near 12300 - 12350 range and if index crosses and sustains above this level then may reach 12450 – 12500 range.
N
by RKMAURYA
BankNifty levels - Nov 21, 2024Utilizing 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!
NSE:BANKNIFTY
by sacxe
BankNifty Intraday Support & Resistance Levels for 19.11.2024On Monday, BankNifty opened with a gap up, made a low of 50,074, and climbed to a high of 50,445.80 before closing at 50,363.80, gaining 184 points over the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) is negative. If BankNifty continues to hold the Daily Demand Zone support, we might witness bullish momentum in the coming days, with potential targets of 50,725 to 51,000. Demand/Support Zones Near Support (Daily): 49,654.65 - 49,959.25 (already touched twice) Far Support: 49,282.65 (61.8% FIBO Level) Extended Support (Daily): 44,633.85 - 45,750.40 Supply/Resistance Zones Immediate Resistance (15m): 50,725.35 - 50,852.45 Higher Resistance (30m): 51,586.35 - 51,874.70 Major Resistance (Daily): 51,562.70 - 52,493.95
NSE:BANKNIFTY
by PriteshPal
Colgate Palmolive Colpal On Weekly Demand Zone New Study For Paper Colgate Palmolive Ltd Buying Zone 2700 50% Qty 2650 Add More 25% qty 2625 Add More 25% qty StopLoss : 2600 Target : 2960-70, 3200-3400,3800 (Long) Study Logic 👉 Weekly Demand Zone #Marker Sentiment Is Weak So Risky Study Only For Paper Trade And Education Purpose Don't Real Trade I am not sebi Registered Person Post is only for Paper Trade, Practice And Education purpose i am not responsible for any profit and loss.
NSE:COLPALLong
by mahetarimtiyaz
SURYAROSNI Trading Within Fresh Demand ZoneSURYAROSNI is currently trading at ₹554.7, positioned within its demand zone between ₹565 and ₹553.5, identified on 9th August 2024. This fresh zone has not yet been tested, indicating potential buying interest if the price stabilizes within this range. Investors may consider monitoring this level for signs of support, which could trigger a rebound opportunity. Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Please conduct your own research or consult a financial advisor before making any investment or trading decisions.
NSE:SURYAROSNILong
by rush12799