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Supply and Demand

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
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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
Directional RALLY coming soon..?As we can see BANKNIFTY again got rejected from our zone and fell sharply but despite the weakness it managed to close above the trendline hence giving no clear stance of its upcoming direction. We can see the trendline got weaker which has been tested multiple time which could result in steep downfall If managed to close below the trendline but can also reverse if managed to sustain itself above the trendline so plan your trades accordingly and PATIENTLY.
NSE:BANKNIFTY
by Wealthcam
BankNifty Intraday Support & Resistance Levels for 06.01.2025On Friday, BankNifty opened flat to negative, reaching a high of 51,671.60 before facing intense selling pressure. The index failed to hold at the 15-minute demand zone, dropping sharply to a low of 50,904.35. It eventually closed at 50,988.80, losing 616 points over the previous close. The Weekly Trend (50 SMA) is sideways, while the Daily Trend (50 SMA) remains negative. Demand/Support Zones Near Minor Demand/Support Zone (15m): 50,800.50 - 50,890 Near Demand/Support Zone (15m): 50,485.05 - 50,629.65 Far 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 (15m): 51,767.65 - 51,937.05 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)
NSE:BANKNIFTY
by PriteshPalan
Nifty Intraday Support & Resistance Levels for 06.01.2025On Friday, Nifty opened flat and experienced a volatile session. It made a high of 24,196.45 but faced selling pressure from the daily supply zone, causing a drop to a low of 23,976. It closed at 24,004.75, losing 184 points compared to the previous close. Both the Weekly Trend and Daily Trend (50 SMA) remain sideways. Demand/Support Zones Near Demand/Support Zone (30m): 23,916.70 - 23,974.15 Near Demand/Support Zone (125m): 23,678.35 - 23,822.80 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 (15m): 24,164.90 - 24,210.30 Near Supply/Resistance Zone (Daily): 24,149.85 - 24,394.45 (tested) Far Supply/Resistance Zone (Weekly): 24,567.65 - 25,234.05 (tested)
NSE:NIFTY
by PriteshPalan
AZAD ENGINEERIN TRADING IDEA!📊 Analysis: AZAD ENGINEERING is trading above key EMAs (20, 50, 200), indicating a strong uptrend. The stock recently broke above a key resistance level of ₹1,850 with significant volume, confirming bullish momentum. The price action suggests a continuation of the upward movement. 📈 Trading Plan: Entry Point: ₹1,885 (after confirming a breakout with sustained volume). Target 1 (T1): ₹1,950 Target 2 (T2): ₹2,050 Stop Loss (SL): ₹1,800 🛑 Risk-to-Reward Ratio: Approximately 1:2
NSE:AZADLong
by piyushr401