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Supply and Demand

Banknifty Intraday Analysis for 17th January 2025NSE:BANKNIFTY Index closed near 49280 level and Maximum Call and Put Writing near CMP as below in January Month contract: Call Writing 50000 Strike – 15.59 Lakh 49500 Strike – 10.73 Lakh 49000 Strike – 9.84 Lakh Put Writing 48000 Strike – 13.74 Lakh 49000 Strike – 12.14 Lakh 48500 Strike – 8.75 Lakh Index has resistance near 49600 – 49700 range and if index crosses and sustains above this level then may reach near 50100 – 50200 range. Index has immediate support near 48800 - 48700 range and if this support is broken then index may tank near 48100 - 48000 range.
NSE:BANKNIFTY
by RKMAURYA
Nifty Intraday Analysis for 17th January 2025NSE:NIFTY Index closed near 23310 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 23300 Strike – 27.53 Lakh 23500 Strike – 26.25 Lakh 23400 Strike – 18.31 Lakh Put Writing 23200 Strike – 26.13 Lakh 23000 Strike – 25.62 Lakh 23300 Strike – 21.74 Lakh Index has resistance near 23350 - 23400 range and if index crosses and sustains above this level then may reach near 23500 - 23550 range. Index has immediate support near 23200 – 23150 range and if this support is broken then index may tank near 23000 – 22950 range.
NSE:NIFTY
by RKMAURYA
Finnifty Intraday Analysis for 17th January 2025NSE:CNXFINANCE Index closed near 22945 level and Maximum Call and Put Writing near CMP as below in January Month contract: Call Writing 23000 Strike – 1.40 Lakh 23500 Strike – 1.26 Lakh 23600 Strike – 0.67 Lakh Put Writing 22500 Strike – 1.17 Lakh 23000 Strike – 0.75 Lakh 23700 Strike – 0.51 Lakh Index has resistance near 23100 - 23150 range and if index crosses and sustains above this level then may reach near 23300 - 23550 range. Index has immediate support near 22800 – 22750 range and if this support is broken then index may tank near 22600 – 22550 range.
NSE:CNXFINANCE
by RKMAURYA
Midnifty Intraday Analysis for 17th January 2025NSE:NIFTY_MID_SELECT Index closed near 12220 level and Maximum Call and Put Writing near CMP as below in January Month contract: Call Writing 12500 Strike – 5.76 Lakh 12300 Strike – 3.15 Lakh 12200 Strike – 2.38 Lakh Put Writing 12000 Strike – 6.98 Lakh 12100 Strike – 3.14 Lakh 11200 Strike – 2.21 Lakh Index has immediate resistance near 12325 – 12375 range and if index crosses and sustains above this level then may reach 12500 – 12550 range. Index has immediate support near 12100 – 12050 range and if this support is broken then index may tank near 11900 – 11850 range.
NSE:NIFTY_MID_SELECT
by RKMAURYA
BankNifty Intraday Support & Resistance Levels for 17.01.2025On Thursday, BankNifty opened with a huge gap-up at 49,082.90, made a low of 49,038.45, and surged to a high of 49,459, entering the Daily Supply Zone (49,230.15 - 50,447.60). It eventually closed at 49,278.70, gaining an impressive 527 points over the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) is still negative. Demand/Support Zones Near Demand/Support Zone (15m): 47,950.15 - 48,117.75 Near Support: 46,077.85 (low of 4th June 2024) Far Demand/Support Zone (Daily): 44,633.85 - 45,750.40 Supply/Resistance Zones Near Supply/Resistance Zone (15m): 49,492.15 - 49,557.35 Near Supply/Resistance Zone (75m): 49,787.70 - 49,979.05 Near Supply/Resistance Zone (Daily): 49,230.15 - 50,447.60 Far Supply/Resistance Zone (125m): 51,082.80 - 51,671.60 Far Supply/Resistance Zone (125m): 52,010.65 - 52,368.30 Outlook BankNifty entered the Daily Supply Zone, and with the trend remaining negative, caution is advised when going long at these levels unless there is a decisive breakout above the supply zone.
NSE:BANKNIFTY
by PriteshPalan
BTCUSDT (Bitcoin) will move towards 100K$Scenario 1: Buy/Long Position ✅ Conditions for Entry: BTC needs to hold the Demand H4 zone (91,000 - 92,500 USDT). Wait for a pullback to the Demand zone with confirmation signals (e.g., Pin Bar, Bullish Engulfing, or a strong Breakout). 📌 Buy Order Details: Item Value Entry Point 92,000 - 93,000 USDT Stop Loss (SL) 89,000 USDT Take Profit 1 (TP1) 97,500 USDT Take Profit 2 (TP2) 100,000 USDT Take Profit 3 (TP3) 102,000 USDT 📝 Explanation: Entry: Wait for the price to pull back to the Demand H4 zone before entering a long position. Stop Loss: Place the Stop Loss below the Demand H4 zone to protect your capital if the price breaks the support. Take Profit: Take partial profits at key resistance levels (97,500 - 102,000 USDT). 📈 Risk-Reward Ratio (R:R): For an Entry at 92,500 USDT and Stop Loss at 89,000 USDT: TP1 (97,500) = 1:1.4 R:R TP2 (100,000) = 1:2 R:R TP3 (102,000) = 1:2.7 R:R 🧩 Scenario 2: Sell/Short Position ✅ Conditions for Entry: BTC must face strong resistance at the Supply Zone (98,000 - 100,000 USDT). Look for rejection signals (e.g., Doji, Shooting Star, or Bearish Engulfing) in this zone. The price should fail to break above the descending trendline. 📌 Sell Order Details: Item Value Entry Point 98,000 - 99,000 USDT Stop Loss (SL) 101,000 USDT Take Profit 1 (TP1) 95,000 USDT Take Profit 2 (TP2) 93,000 USDT Take Profit 3 (TP3) 91,000 USDT 📝 Explanation: Entry: Wait for the price to hit the Supply Zone and show rejection signs before entering a short position. Stop Loss: Place the Stop Loss above the Supply Zone to protect your capital if the price breaks the resistance. Take Profit: Take partial profits at key support levels (95,000 - 91,000 USDT). 📉 Risk-Reward Ratio (R:R): For an Entry at 98,500 USDT and Stop Loss at 101,000 USDT: TP1 (95,000) = 1:1.4 R:R TP2 (93,000) = 1:2.2 R:R TP3 (91,000) = 1:3.0 R:R Good luck!
Long
by Homnaytradegi
Kaynes bouncing from channel support and 50 D #Kaynes Technology. Looks good for a Swing. Entry: Buy Small quantities in CMP(6547) Stop Loss (SL):Marked at ₹5,806.30, Target (T1): ₹7,697 ✅Channel Pattern: The price is moving within an ascending channel, respecting both the upper and lower trendlines. The recent pullback appears to have tested the lower trendline support, followed by a bounce. ✅The stock is trading above the 200-day moving average (yellow line), signifying a bullish long-term trend. ✅Stock Takes support at 50 DMA. Right now it is bouncing from channel support and 50 DMA. ✅A sharp green candle on strong volume indicates renewed buying interest at current levels. 📎Strategy: Buy at CMP in small quantities to reduce risk, as per the chart's suggestion. 📎Watch for:A strong close above the middle of the channel for confirmation of bullish momentum toward the target. Exit the trade if the price breaches the ₹5,806.30 stop-loss level. ⚠️Overall Trend is bearishI'm Not sure if this is the beginning of a bear market or a Bull Market Correction. So keep the positions limited. Do not go full-on. Keep your capital safe and manage the risk properly.
NSE:KAYNESLong
by sagartharayil
Nifty Intraday Analysis for 15th January 2025NSE:NIFTY Index closed near 23175 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 23500 Strike – 111.17 Lakh 23400 Strike – 83.77 Lakh 23200 Strike – 71.49 Lakh Put Writing 23000 Strike – 110.89 Lakh 23200 Strike – 93.73 Lakh 23100 Strike – 52.72 Lakh Index has resistance near 23250 - 23300 range and if index crosses and sustains above this level then may reach near 233400 - 23450 range. Index has immediate support near 23050 – 23000 range and if this support is broken then index may tank near 22850 – 22800 range.
NSE:NIFTY
by RKMAURYA
Banknifty on daily tf.BN taking support from yesterday low today. Current support zone on daily candles is showing that 49666 - 49955 is the support zone which taken multiple times on BN chart from last year June 2024. Expected BN will play in this zone for a couple of days.. if it breaks down on a closing basis then will see 49000, 48638 level soon. and if yesterday's low intact and any good news for the Indian market then BN will ride to 51000 level while it is not for sure seen as per the market structure and data right now. *This is a personal view for knowledge purposes only.
NSE:BANKNIFTY
by Thejas_5
BankNifty levels - Jan 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. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe
Nifty levels - Jan 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!
NSE:NIFTY
by sacxe
Ganesh Housing, a strong contender in this bearish Market🔘Ganesh Housing Corp Ltd (NSE: GANESHHOUC) 📈 Technical Setup The stock shows resilience to the recent market fall, forming a bullish candle on strong volume. Trading above key moving averages (30 & 50 DMA), it is bouncing from critical support levels, signaling potential strength. Trade Details Entry: ₹1,368 Stop Loss (SL): ₹1,123 (-17.76%) Targets:T1: ₹1,507 (+10%) T2: ₹1,670 (+21.8%) 📊 Risk-to-Reward (R:R): ~1:1.23 Note: Lock in partial profits if the stock moves 8-10% in your favor to manage risk better. 🔘Risk Considerations ⚠️ Against the Trend: This is a counter-trend trade; if the broader market corrects further, the stock could follow and hit SL. ⚠️ Position Sizing: Strict risk management is critical; beginners should avoid it until the market stabilizes above the 200 DMA. 🔘Key Financial Ratios Liquidity Ratios: Current Ratio: 2.52 Quick Ratio: 1.51 Profitability Ratios: Return on Equity (ROE): 41.6% ROCE: 41.6 Valuation Ratios: Price-to-Earnings (P/E) Ratio: 22.6 Price-to-Sales (P/S) Ratio: 7.68 📢 Disclaimer: This analysis is for educational purposes only. Consult your financial advisor before making investment decisions.
NSE:GANESHHOUCLong
by sagartharayil
BSE Bouncing from a support Zone...Stock: BSE Ltd. Chart Pattern: Potential breakout with retest near support. Key Levels:Entry: ₹5,553.30 Target (T1): ₹5,848.10 Stop Loss (SL): ₹4,985.95 Observations: ✅Retesting a key zone and taking support at 50 DMA and bouncing. ✅Cup and handle formation played out earlier, now forming higher lows. ✅Volume remains supportive for upward momentum. ✅Resalient to market fall ✅Trading above Key DMAs ✅Strong RSI Risk-Reward: Moderate-to-high, ideal for positional traders. Can consider fresh entry further addition if it gives a clean breakout from 5849 levels. ⚠️Remember, we are trading against the trend. If Overall Markets were to fall further then this would also fall. Disclaimer: This post is for educational purposes, not financial advice.
NSE:BSELong
by sagartharayil
Nifty Intraday Support & Resistance Levels for 17.01.2025On Thursday, Nifty opened with a huge gap-up at 23,377.25, briefly making a high of 23,391.65, nearly touching the 30m Supply Zone. However, it failed to sustain the gains, dropping to a low of 23,272.05 before closing at 23,311.80, gaining 98 points over the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) continues to be negative. Demand/Support Zones Near Demand/Support Zone (30m): 23,063.25 - 23,122.80 Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 Supply/Resistance Zones Near Supply/Resistance Zone (30m): 23,396.85 - 23,454.65 Near Supply/Resistance Zone (Daily): 23,496.15 - 23,795.20 Far Supply/Resistance Zone (75m): 23,645.05 - 23,726.85 Far Supply/Resistance Zone (Daily): 23,976 - 24,196.45 Far Supply/Resistance Zone (Daily): 24,601.75 - 24,782.15 Far Supply/Resistance Zone (Weekly): 24,180.80 - 24,792.30 Outlook As anticipated, Nifty almost touched 23,400 but faced selling pressure at higher levels. Today’s session could be volatile, as heavyweights like Reliance and Infosys announced their quarterly results yesterday. At the time of writing, GIFT Nifty is trading 60 points lower, and Infosys ADR closed down by 5.78% overnight, suggesting a potential impact on the index.
NSE:NIFTY
by PriteshPalan
SW Solar, Trendline Breakout. Risky Proposition!!🔍Stock Analysis: SWSOLAR (Sterling and Wilson Renewable) Entry & Stop Loss (SL): 🟢Entry: ₹478.00 🔴Stop Loss (SL): ₹402.10 (on a closing basis) 📊Targets: T1: ₹530.90 T2: ₹608.05 T3: ₹639.00 Positional Long-Term Target: ₹761.80 - ₹790.00 All-Time High (ATH): ₹830.20 Setup Overview: Trend: Downtrend. Now showing signs of a trendline breakout. Moving Average Position: Trading below the 50 and 200 DMA Volume: Huge volume spike today, signalling possible accumulation Earnings: Posted good results today Risk Considerations: Risk Level: High Counter-trend trade with the stock still in a downtrend. Below 50 DMA and 200 DMA, indicating overall bearish sentiment. Reasons for Risk Level: The stock is currently against the primary trend (downtrend). Significant resistance levels need to be broken for sustained upward movement. Notes: While today's huge volume and positive results are encouraging, remember this is a risky bet as we are trading against the trend. Entry requires patience and discipline, and SL must be strictly adhered to on a closing basis. 🛑Disclaimer: This analysis is for educational purposes only. Trading involves risks, and you should consult your financial advisor before making any trades.
BSE:SWSOLARLong
by sagartharayil