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Supply and Demand

EURUSD Next possible move To Buy Here’s a detailed description for today’s bullish continuation in EUR/USD: --- ### **Title** *"EUR/USD Intraday Analysis: Bullish Momentum Holds | Buyers Dominate"* #### **Market Context** *"EUR/USD continues its upward move as the U.S. dollar weakens amid cautious market sentiment. The pair benefits from steady Eurozone fundamentals and a lack of immediate hawkish cues from the Federal Reserve."* Two conform breaking line 1) @ 1.0445 2) @ 1.04565 TP @ 1.5247 SL @ 1. 03809 #### **News Context** *"Upcoming: U.S. Pending Home Sales and Eurozone inflation data are expected today, which could influence market dynamics. Previous: The pair gained momentum as traders capitalized on weaker-than-expected U.S. data last week."* #### **Call to Action** *"Will EUR/USD sustain its bullish trajectory or face resistance at higher levels? Share your views and trading setups below!"* --- Let me know if this works or if you’d like further adjustments!
Long
by svignesh7043
EURUSD Next possible move To Buy Here’s a detailed description for today’s bullish continuation in EUR/USD: --- ### **Title** *"EUR/USD Intraday Analysis: Bullish Momentum Holds | Buyers Dominate"* #### **Market Context** *"EUR/USD continues its upward move as the U.S. dollar weakens amid cautious market sentiment. The pair benefits from steady Eurozone fundamentals and a lack of immediate hawkish cues from the Federal Reserve."* Two conform breaking line 1) @ 1.0445 2) @ 1.04565 TP @ 1.5247 SL @ 1. 03809 #### **News Context** *"Upcoming: U.S. Pending Home Sales and Eurozone inflation data are expected today, which could influence market dynamics. Previous: The pair gained momentum as traders capitalized on weaker-than-expected U.S. data last week."* #### **Call to Action** *"Will EUR/USD sustain its bullish trajectory or face resistance at higher levels? Share your views and trading setups below!"* --- Let me know if this works or if you’d like further adjustments!
Long
by svignesh7043
HOW-TO: Use Demand and Supply Zones Pro [Afnan] As Screener In this video, I walks you through an exciting update to the Demand and Supply Zones Pro Indicator—integration with TradingView’s Pine Screener. This powerful tool allows traders to scan stocks based on demand and supply zones, helping to streamline your trading process and increase your efficiency. Key Highlights: Learn how to set up the Pine Screener for scanning stocks from your watchlist based on demand and supply zones. A step-by-step guide to creating and using a Nifty 200 Watchlist. Setting up Demand and Supply Zones Pro with custom timeframe and alert configurations. How the screener analyzes stocks, focusing on demand and supply zone proximity and key price levels. Understanding the columns in the Pine Screener and how to interpret them for your trades. This screener is available exclusively to Premium and higher TradingView plans, so ensure your account is upgraded to take advantage of this feature.
NSE:MAXHEALTH
by AfnanTAjuddin
18
TATACONSUM levels As of December 29, 2024, Tata Consumer Products Limited (TATACONSUM) closed at ₹907.95 on the National Stock Exchange (NSE), reflecting a 0.78% increase from the previous close. Technical analysis indicates the following support and resistance levels: Immediate Support: ₹902.05 Immediate Resistance: ₹918.20 Short-term Support: ₹903.19 Short-term Resistance: ₹930.55 Medium-term Support: ₹874 Medium-term Resistance: ₹1,060 These levels suggest that if the stock price declines, it may find support around ₹902, potentially preventing further decreases. Conversely, if the price rises, it may encounter resistance near ₹918, which could impede further gains.
NSE:TATACONSUMLong
by EmpireCrown
BankNifty Intraday Support & Resistance Levels for 30.12.2024On Friday, BankNifty opened gap-up, touched a high of 51,628.45, and dropped to a low of 51,240.10 before recovering slightly to close at 51,311.30, gaining 140 points over the previous close. The Weekly Trend (50 SMA) continues to remain sideways, while the Daily Trend (50 SMA) is negative. Demand/Support Zones Near Demand/Support Zone (15m): 50,688 - 50,909 Near Demand/Support Zone (Daily): 49,787.10 - 50,983.50 (tested) Far Support Level: 49,282.64 (61.8% FIBO retracement) Supply/Resistance Zones Near Supply/Resistance Zone (125m): 52,010.65 - 52,368.30 Far Supply/Resistance Zone (125m): 52,709.40 - 52,911.10 Far Supply/Resistance Zone (Weekly): 53,741.40 - 54,467.35 (tested) Outlook BankNifty’s move within a narrow range highlights a tug-of-war between buyers and sellers. If it manages to break above the 125m resistance zone of 52,010.65 - 52,368.30, we might see further bullish momentum. On the downside, the demand zone at 50,688 - 50,909 will play a critical role in providing support.
NSE:BANKNIFTY
by PriteshPalan
Nifty Intraday Support & Resistance Levels for 30.12.2024On Friday, Nifty opened with a gap-up at 23,801.40, briefly dipped to a low of 23,800.60, and climbed to a high of 23,938.85, entering the 75m supply zone. However, selling pressure pushed it back down to close at 23,813.40, securing a modest gain of 63 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): 23,537.35 - 23,632.30 Near Demand/Support Zone (75m): 23,447.15 - 23,578.60 (tested) Far Support Levels: - 23,263 (low of 21st November 2024) - 23,189.88 (61.8% FIBO retracement) Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 Supply/Resistance Zones Near Supply/Resistance Zone (Daily): 24,149.85 - 24,394.45 Near Supply/Resistance Zone (Weekly): 24,567.65 - 25,234.05 (tested) Outlook Nifty’s journey into the 75m supply zone shows the current resistance levels. Watch for a break above the daily resistance zone of 24,149.85 - 24,394.45 for potential bullish momentum. On the downside, the 75m demand zone at 23,447.15 - 23,578.60 will be crucial for support.
NSE:NIFTY
by PriteshPalan
Infosys Ltd. Watch for Darvas Box Breakout. 📉 Current Price Action: Infosys is consolidating within a Darvas Box pattern, trading close to a 3-year-old resistance zone near ₹1,953.7. The stock is forming a base after a pullback, suggesting potential for a breakout. 📈 Trade Setup: Entry: ₹2,002.1 (above the resistance zone) Stop-Loss (SL): ₹1,707.6 (on a closing basis) Target: ₹2,335.8 (medium-term potential) 🚩 Key Observations: The stock is holding above its Key DMAs, indicating near-term strength. Consolidation near a key resistance signals a build-up for a breakout, but volumes need to support the move. If the breakout fails, watch for price action near the lower support zone (₹1,707) for signs of reversal. ⚠️ Caution: Wait for a confirmation candle with good volume before entering. Avoid premature entries as the stock could continue consolidating within the current range. Nifty IT Sector Context: Nifty IT is showing signs of base formation after a significant pullback. A sectoral breakout above 44,317 could drive momentum across IT stocks, including Infosys. 💡Follow the price action and adjust your strategy based on market cues. A clean breakout could lead to strong upward momentum.
NSE:INFYLong
by sagartharayil
Greaves Cotton Trendline Breakout after Taking Support Earlier NSE:GREAVESCOT today broke the Rising Trendline taking support beautifully near the convergence of 200 DSMA and Demand Zone Few Days Ago. The MACD is Strongly Positive. Today it Had a Huge Volume candle on the back of news of board approval of the subsidiary's IPO Greaves Electric Mobility (GEML). GEML's IPO will involve a fresh issue of equity shares and the sale of shares by some existing shareholders although IPO is subject to approval by GEML's shareholders. NSE:GREAVESCOT is primarily engaged in the manufacturing of engines, engine applications and trading of power tillers, spares related to engines, electric vehicles and infrastructure equipment. A Close above ATH will have a Fresh UPMOVE for a Swing Trade. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:GREAVESCOTLong
by Karanshah137
Finnifty Intraday Analysis for 27th December 2024NSE:CNXFINANCE Index closed near 23745 level and Maximum Call and Put Writing near CMP as below in December Month contract: Call Writing 24000 Strike – 4.68 Lakh 23900 Strike – 3.59 Lakh 23800 Strike – 3.14 Lakh Put Writing 23800 Strike – 3.17 Lakh 23500 Strike – 2.49 Lakh 23700 Strike – 2.48 Lakh Index has resistance near 23900 - 23950 range and if index crosses and sustains above this level then may reach near 24150 - 24200 range. Index has immediate support near 23550 – 23500 range and if this support is broken then index may tank near 23200 – 23150 range.
NSE:CNXFINANCELong
by RKMAURYA
Nifty Intraday Analysis for 27th December 2024NSE:NIFTY Index closed near 23750 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24000 Strike – 47.77 Lakh 23800 Strike – 40.96 Lakh 24900 Strike – 24.34 Lakh Put Writing 23800 Strike – 45.67 Lakh 23500 Strike – 27.12 Lakh 24000 Strike – 23.58 Lakh Index has resistance near 23800 - 23850 range and if index crosses and sustains above this level then may reach near 24000 - 24100 range. Index has immediate support near 23600 – 23550 range and if this support is broken then index may tank near 23400 – 23350 range.
NSE:NIFTYLong
by RKMAURYA