CSB Bank Stock: Gaining Momentum!The CSB Bank stock chart is displaying notable strength, with positive technical indicators signaling potential upward momentum. Traders and investors, this might be the right moment to keep a close watch! 📈
Whether you're in for short-term gains or long-term growth, it's worth analyzing the trend closely. Share your thoughts or trading strategies related to CSB Bank in the comments below! 💬
#StockMarket #CSBBank #InvestSmart #TradingOpportunities
Supply and Demand
No CLEAR DIRECTION As we can see BANKNIFTY had been sluggish since quite some time now and expected to remain the same. Following the global index, it can open strong but likely to stay sluggish throughout the day until it breaks either side of the mother candle for directional rally so plan your trades accordingly and keep watching.
BankNifty Intraday Support & Resistance Levels for 26.12.2024On Tuesday, BankNifty opened flat and made a high of 51,382.10 and a low of 51,137.50 within the first half hour. For the rest of the session, it remained range-bound. It closed at 51,233, losing 84 points. The Weekly Trend (50 SMA) remains 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)
Nifty Intraday Support & Resistance Levels for 26.12.2024On Tuesday, Nifty opened flat to positive, climbing to a high of 23,867.65 as it entered the 15m supply zone. However, selling pressure pulled it back to a low of 23,685.15. It ended the day at 23,727.65, losing 25 points. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) is 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 Level: 23,263 (low of 21st November 2024)
Far Support Level: 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 (75m): 23,892.70 - 23,993.90
Far 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 movement on Tuesday highlights the impact of the 15m supply zone resistance. If the near-demand zones hold, we may see a recovery toward 23,900 or higher levels. However, a break below the 75m demand zone could lead to further downside.
NIFTY Intraday Trade Idea for 26 Dec 2024Give the nifty volatility and FII's not much involved in trading.
It seems like NIFTY would remain range bound.
Sharing my trade idea around important levels in case of flat open and gap open.
breaking above 23775 can give decent upmove.
Break below 650 can open window for 23200.
BLBD 25 Dec 2024in.tradingview.com
H2FY25
EV Units:
The company anticipates selling 1,000 to 1,300 EV units, with most sales expected in the second half of the fiscal year. The midpoint of this range is 1,150 EV units, a substantial increase over the 700 EVs expected for FY24. This represents a more than 60% increase in EV deliveries.
FY25
Stable Pricing:
The company anticipates stable pricing, supported by its ability to implement price increases and manage costs. They implemented a price increase of $3,500 per bus for orders received after October 1, 2024.
Alternative Fuel Leadership:
Blue Bird is the sole provider of propane-powered school buses, offering a unique advantage. They also hold a strong position in the EV market, with a growing number of buses on the road.
NATURAL GAS - REVRSAL TRADE ON SHORT SIDESymbol - NATURALGAS!
NATURALGAS! is currently trading at 320
I'm seeing a trading opportunity on sell side.
Shorting NATURALGAS! Futures at CMP 320
I will be adding more position at 330, if comes.
Holding with SL 335
Targets I'm expecting are 295 - 282 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Bitcoin Merry Christmas 25.12.20241. Short Strategy - From the Supply Zone
Entry Conditions:
Wait for the price to retest the supply zone (99,550 - 99,600) and show signs of reversal, such as:
Rejection candles (e.g., pin bars).
Reversal patterns (e.g., bearish engulfing, Evening Star).
Trade Setup:
Entry Point: Near 99,550 - 99,600 (supply zone).
Stop Loss (SL): Above the supply zone, around 99,700.
Take Profit (TP):
TP1: Demand H1 zone (96,000).
TP2: Larger demand zone (92,500).
Risk/Reward Ratio (RR):
TP1: Approximately 1:3.
TP2: Up to 1:6.
2. Long Strategy - From the Demand Zones
Entry Conditions:
Wait for the price to reach the Demand H1 zone (95,500 - 96,000) or the larger demand zone (92,500 - 93,000).
Look for reversal signs, such as:
Rejection candles (e.g., pin bars).
Reversal patterns (e.g., bullish engulfing, Morning Star).
Trade Setup:
Entry Point: Near 96,000 (Demand H1) or 92,500 (larger demand zone).
Stop Loss (SL): Below the demand zones:
Demand H1: Around 94,500.
Larger Demand Zone: Around 91,500.
Take Profit (TP):
TP1: Mid-level around 97,500.
TP2: Supply zone (99,500).
Risk/Reward Ratio (RR):
TP1: Approximately 1:3.
TP2: Up to 1:5.
Important Notes:
Avoid trading in the middle of the supply and demand zones, as it increases risk.
Use lower timeframes (M15 or M5) to confirm entry signals at key levels.
Manage your capital carefully, risking no more than 1-2% of your account per trade.
Policybazar-A rounding bottom pattern of ATH breakoutPolicybazar has formed a beautiful rounding bottom pattern and is now looking strong for a strong bullish trend.
Stock belongs to new age startup category and investing has more risk associated compared to bluechip stocks.
ATH breakouts are usually explosive and can be considered for quick swing trade as well.A similar pattern was observed in Zomato and stock has given good returns since then.
Idea is just my personal opinion and not a recommendation.
LTIM: Post-Breakout Dive Nears Key Support Levels Topic Statement: LTIM recently broke out above 6500 but faced a sharp dive during last week's market correction.
Key Points:
1. The stock's breakout over 6500 was reversed by a significant price crash during the market correction and the price has created a gap as it moved downwards.
2. Trading under the 180-day moving average signals oversold conditions.
3. Selling pressure may persist, with critical support levels marked on the chart.
Bank Nifty Support&Resistance levels for Tuesday 24th DecBank Nifty key levels for Tuesday 24th Dec are:-
Key Levels:-
Resistance
51400 If sustains above long for the targets of 51500,51600,51750,51800.
Support
51150 if sustains below short for the targets of 51000,50900,50750,50700.
Educational purpose only do your own research before taking call.
GHCL Analysis: Supply & Demand Zones Strategy with Breakouts In this video, we analyze the NSE:GHCL chart using the Demand and Supply Zones Lite Indicator.
Watch as I explain how to:
Identify Stage 1, Stage 2 , and consolidation phases.
Spot breakouts and understand the concept of a flush .
Use demand zones nested inside resistance-turned-support areas to plan high-probability trades.
This video is perfect for anyone looking to improve their technical analysis skills and learn how to trade using demand and supply zones.
Disclaimer: This video is for educational purposes only. Always conduct your own analysis before making trading decisions."
Nifty Intraday Analysis for 24th December 2024NSE:NIFTY
Index closed near 23755 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24000 Strike – 124.17 Lakh 23800 Strike – 67.11 Lakh
24900 Strike – 53.40 Lakh
Put Writing
23500 Strike – 101.17 Lakh
23700 Strike – 53.90 Lakh
23800 Strike – 47.69 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 23550 – 23500 range and if this support is broken then index may tank near 23350 – 23300 range.
Banknifty Intraday Analysis for 24th December 2024NSE:BANKNIFTY
Index closed near 51320 level and Maximum Call and Put Writing near CMP as below in December Month contract:
Call Writing
52000 Strike – 30.38 Lakh
51500 Strike – 30.35 Lakh
52500 Strike – 25.81 Lakh
Put Writing
51000 Strike – 24.98 Lakh
50000 Strike – 22.35 Lakh
50500 Strike – 13.40 Lakh
Index has resistance near 51900 – 52000 range and if index crosses and sustains above this level then may reach near 523500 – 52500 range.
Index has immediate support near 50700 - 50600 range and if this support is broken then index may tank near 50000 - 49900 range.
Finnifty Intraday Analysis for 24th December 2024NSE:CNXFINANCE
Index closed near 23785 level and Maximum Call and Put Writing near CMP as below in December Month contract:
Call Writing
24000 Strike – 2.92 Lakh
23900 Strike – 1.38 Lakh
24200 Strike – 1.31 Lakh
Put Writing
23500 Strike – 1.68 Lakh
24000 Strike – 1.47 Lakh
23750 Strike – 1.39 Lakh
Index has resistance near 23950 - 24000 range and if index crosses and sustains above this level then may reach near 24200 - 24250 range.
Index has immediate support near 23550 – 23500 range and if this support is broken then index may tank near 23200 – 23150 range.
Midnifty Intraday Analysis for 24th December 2024NSE:NIFTY_MID_SELECT
Index closed near 12755 level and Maximum Call and Put Writing near CMP as below in December Month contract:
Call Writing
13000 Strike – 9.46 Lakh
12900 Strike – 6.93 Lakh
12800 Strike – 6.89 Lakh
Put Writing
12500 Strike – 6.71 Lakh
12800 Strike – 5.49 Lakh
12700 Strike – 4.70 Lakh
Index has immediate resistance near 12850 – 12900 range and if index crosses and sustains above this level then may reach 13000 – 13100 range.
Index has immediate support near 12600 – 12550 range and if this support is broken then index may tank near 12400 – 12350 range.
BankNifty levels - Dec 26, 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!
Nifty levels - Dec 26, 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!