Get started

Supply and Demand

DOW JONES - SWING TRADESymbol - DJI DJI is currently trading at 42545 Dow Jones is making double bottom at larger time frame & I'm seeing a trading opportunity on buying side. Buying DJI Futures at CMP 42545 I will add more position if 42345 comes & will hold with SL 42100 Targets I'm expecting are 43100 - 43340 - 43580 & 42820 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!
DJ:DJILong
by akshit_official
Nifty Support and Resistance Levels for 7th Jan TuesdayNifty Key levels :- Previous month low and Previous week low is at 23460 if nifty violates this Nifty might see 23200 to 23k levels breaching this week. Concerns :- 1. HMPV virus. 2.Nifty trading below Daily Dema 200 Intraday levels to trade with . 23650 is immediate resistance if sustains above this area long for the targets of 23700,23750,23800,23850. 23550 is immediate support if sustains below this area short for the targets of 23500,23460,23400,23350. Educational purpose only do your own research before taking entries.
NSE:NIFTY
by rakeshreddym
The much tested TRENDLINE is broken What’s next? As we can see BANKNIFTY fell unidirectionally as expected in our previous post as the trendline was tested multiple times making it weaker hence any sustainment below the trendline would lead to a good fall was our plan and it did happen. Now it can be seen closing at important demand zone but can also be seen in more like head and shoulders pattern in bigger time frame hence once again if breaks below then we may see a strong downfall in coming trading sessions so plan your trades accordingly.
NSE:BANKNIFTY
by Wealthcam
PRUDENT Trading Within Fresh Weekly Demand ZonePRUDENT is currently trading at ₹2630, within a fresh Weekly demand zone ranging from ₹2804.95 to ₹2523.3, identified on 1st November 2024. This untested zone may attract buyer interest, presenting potential opportunities for investors to consider. 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:PRUDENTLong
by rush12799
DBCORP Trading Within Tested Demand ZoneDBCORP is trading at ₹292.1, within its tested demand zone of ₹300 to ₹290.35, established on 31st October 2024. Since this zone has been tested, it indicates prior buyer activity. Investors may consider waiting for additional confirmation signals or price stability within the zone. 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:DBCORPLong
by rush12799
SCI Trading Within Tested Demand ZoneSCI is trading at ₹204.45, within its tested demand zone of ₹208.45 to ₹202.05, established on 30th October 2024. As the zone has been tested, it suggests prior buying interest in this range. Investors may look for potential bullish signals or confirm further price stability before acting. 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:SCILong
by rush12799
ALOKINDS Trading Above Tested Demand ZoneALOKINDS is trading at ₹19.93, slightly above its tested demand zone of ₹19.85 to ₹19.3, established on 16th November 2023. As this zone has been tested, it reflects previous buying activity, and traders may want to monitor price action for signs of continued upward movement or potential resistance. 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:ALOKINDSLong
by rush12799
2
TCS Tested Demand Zone ObservedTCS is currently trading at ₹4090, near its tested demand zone between ₹4092.45 and ₹4024, established on 22nd November 2024. Since this zone has been tested previously, traders may exercise caution and monitor for additional confirmation signals before considering actions. 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:TCSLong
by rush12799
FACT Trading Near Fresh Demand ZoneFACT is currently trading at ₹921.1, slightly above its fresh demand zone between ₹918.9 and ₹865.9, established on 29th November 2024. This untested zone suggests potential buying interest, and investors may monitor price movement closely for potential opportunities. 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:FACTLong
by rush12799
INDIANB Trading Above Tested Demand ZoneINDIANB is trading at ₹509.4, above its tested demand zone of ₹504.8 to ₹487.35, formed on 29th October 2024. As this zone has been tested, it indicates prior buying interest. Traders and investors may want to evaluate the stock's current momentum and volume for potential entries or exits. 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:INDIANBLong
by rush12799
BankNifty Intraday Support & Resistance Levels for 07.01.2025On Monday, BankNifty witnessed a sharp sell-off. After opening flat and reaching a high of 51,026.10, the index nosedived over 1,200 points to a low of 49,751, breaking all near-demand zones. It closed at 49,922, down by a significant 1,066 points from the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) is negative. Demand/Support Zones Near Support Level: 49,282.64 (61.8% FIBO retracement) Far Demand/Support Zone (Daily): 44,633.85 - 45,750.40 Supply/Resistance Zones Near Supply/Resistance Zone (15m): 50,618.95 - 50,813.55 Near Supply/Resistance Zone (75m): 50,904.35 - 51,088.90 Far 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): 52,264.55 - 53,775.10 Outlook The relentless selling pressure has pushed BankNifty closer to critical support levels, with 49,282.64 being the next key zone to watch. Recovery attempts could face resistance near the 50,618 zone, while the broader trend remains bearish.
NSE:BANKNIFTY
by PriteshPalan
Nifty Intraday Support & Resistance Levels for 07.01.2025On Monday, Nifty opened on a positive note, reaching a high of 24,089.95. However, intense selling pressure dominated the session, driving the index over 500 points lower to a low of 23,551.90, breaking all near-demand/support zones. It finally settled at 23,616.05, losing 388 points from the previous close. Both the Weekly and Daily Trends (50 SMA) remain sideways. Demand/Support Zones Near 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 (15m): 23,966.95 - 24,054.30 Near Supply/Resistance Zone (15m): 24,164.90 - 24,210.30 Far Supply/Resistance Zone (Daily): 24,149.85 - 24,394.45 (tested) Far Supply/Resistance Zone (Weekly): 24,567.65 - 25,234.05 (tested) Outlook As predicted in posts since October 2024, Nifty is gradually slipping into bear market territory, evident from the sharp 674-point decline since touching the Daily Supply Zone on 2nd January. The current sentiment remains weak, with support levels being tested. Watch for 23,100 - 23,300 as a critical zone to hold and monitor for selling pressure near 23,900 - 24,400.
NSE:NIFTY
by PriteshPalan
Nifty Intraday Analysis for 6th January 2025NSE:NIFTY Index closed near 24005 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24500 Strike – 79.43 Lakh 24200 Strike – 76.59 Lakh 24400 Strike – 66.85 Lakh Put Writing 23700 Strike – 63.38 Lakh 24000 Strike – 59.97 Lakh 23500 Strike – 48.29 Lakh Index has resistance near 24150 - 24200 range and if index crosses and sustains above this level then may reach near 24300 - 24350 range. Index has immediate support near 23900 – 23850 range and if this support is broken then index may tank near 23725 – 23675 range.
NSE:NIFTYLong
by RKMAURYA
Banknifty Intraday Analysis for 6th January 2025NSE:BANKNIFTY Index closed near 50990 level and Maximum Call and Put Writing near CMP as below in January Month contract: Call Writing 52000 Strike – 17.10 Lakh 51500 Strike – 11.36 Lakh 51000 Strike – 8.23 Lakh Put Writing 50000 Strike – 11.61 Lakh 51000 Strike – 11.45 Lakh 51500 Strike – 11.02 Lakh Index has resistance near 51500 – 51600 range and if index crosses and sustains above this level then may reach near 52000 – 52100 range. Index has immediate support near 50600 - 50500 range and if this support is broken then index may tank near 50100 - 50000 range.
NSE:BANKNIFTYLong
by RKMAURYA
Finnifty Intraday Analysis for 6th January 2025NSE:CNXFINANCE Index closed near 23735 level and Maximum Call and Put Writing near CMP as below in January Month contract: Call Writing 24000 Strike – 1.11 Lakh 23900 Strike – 0.57 Lakh 23800 Strike – 0.56 Lakh Put Writing 24000 Strike – 1.02 Lakh 23800 Strike – 0.85 Lakh 23500 Strike – 0.53 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 23450 – 23400 range.
NSE:CNXFINANCELong
by RKMAURYA
Midnifty Intraday Analysis for 6th January 2025NSE:NIFTY_MID_SELECT Index closed near 13010 level and Maximum Call and Put Writing near CMP as below in January Month contract: Call Writing 13000 Strike – 5.99 Lakh 13200 Strike – 2.54 Lakh 12800 Strike – 2.39 Lakh Put Writing 13000 Strike – 6.71 Lakh 12800 Strike – 4.15 Lakh 12900 Strike – 2.01 Lakh Index has immediate resistance near 13125 – 13175 range and if index crosses and sustains above this level then may reach 13250 – 13300 range. Index has immediate support near 12925 – 12875 range and if this support is broken then index may tank near 12750 – 12700 range.
NSE:NIFTY_MID_SELECTLong
by RKMAURYA
BankNifty levels - Jan 07, 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 07, 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
Bitcoin (BTC/USD) goes to 102k. Scenario 1: Long (Buy) Setup The idea is to wait for a pullback to the FVG H4 zone or Trendline H1 for a buying opportunity. Entry Point (Long): 🔹 Entry 1: Around FVG H4 ($96,500 - $97,500). 🔹 Entry 2: If the price breaks below the FVG, consider entering around the Demand Zone ($92,500 - $93,000). Stop Loss (SL): 🛑 Set your Stop Loss at $95,700 Take Profit (TP): 🎯 TP1: Around $100,500 - $101,000 (Supply H1). 🎯 TP2: Around $102,000 - $105,000 (Supply Zone). 📉 Scenario 2: Short (Sell) Setup If the price reaches the Supply Zone, it offers a potential shorting opportunity to catch a reversal. Entry Point (Short): 🔹 Supply Zone 1: $101,000 - $102,000. 🔹 Supply Zone 2: $103,000 - $105,000 (a stronger resistance level). Stop Loss (SL): 🛑 Set your Stop Loss above $106,000. Take Profit (TP): 🎯 TP1: Around $98,000. 🎯 TP2: Around $95,000. 🎯 TP3: Around $92,000 (Demand Zone).
Long
by Homnaytradegi