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Supply and Demand

Universal Cables Breaking Out With Good Volumes.NSE:UNIVCABLES today made a king candle hitting the upper circuit of 20% throughout the day with a huge Volume Candle. It took support from a Major Demand Zone With MACD Showing a Buy Signal, until 20 DSMA or Demand Zone is not Breached the up move will Continue further. NSE:UNIVCABLES is predominantly engaged in the business of manufacturing a large range of power cables from 1.1kV to 400kV & capacitors, Turnkey Projects and other types of wires and cables, conductors, etc. 📌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:UNIVCABLESLong
by Karanshah137
Nifty Intraday Analysis for 19th December 2024NSE:NIFTY Index closed near 24200 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24500 Strike – 114.28 Lakh 24300 Strike – 113.59 Lakh 24400 Strike – 104.68 Lakh Put Writing 24000 Strike – 85.55 Lakh 24200 Strike – 74.22 Lakh 23900 Strike – 56.04 Lakh Index has resistance near 24325 - 24350 range and if index crosses and sustains above this level then may reach near 24450 - 24500 range. Index has immediate support near 24050 – 24000 range and if this support is broken then index may tank near 23850 – 23800 range. Big Moment on either side expected after US FOMC Meeting outcome and Commentary on 18 - 19 Dec’24 night.
NSE:NIFTY
by RKMAURYA
Banknifty Intraday Analysis for 19th December 2024NSE:BANKNIFTY Index closed near 52140 level and Maximum Call and Put Writing near CMP as below in December Month contract: Call Writing 54000 Strike – 44.35 Lakh 53500 Strike – 23.76 Lakh 53000 Strike – 28.03 Lakh Put Writing 51000 Strike – 15.20 Lakh 52000 Strike – 14.89 Lakh 52500 Strike – 13.82 Lakh Index has resistance near 52600 – 52700 range and if index crosses and sustains above this level then may reach near 53000 – 53200 range. Index has immediate support near 52000 - 51900 range and if this support is broken then index may tank near 51400 - 51300 range. Big Moment on either side expected after US FOMC Meeting outcome and Commentary on 18 - 19 Dec’24 night.
NSE:BANKNIFTY
by RKMAURYA
Finnifty Intraday Analysis for 19th December 2024NSE:CNXFINANCE Index closed near 24200 level and Maximum Call and Put Writing near CMP as below in December Month contract: Call Writing 24600 Strike – 1.97 Lakh 24800 Strike – 1.87 Lakh 24500 Strike – 1.52 Lakh Put Writing 23500 Strike – 1.12 Lakh 24000 Strike – 1.11 Lakh 24700 Strike – 0.94 Lakh Index has resistance near 24400 - 24450 range and if index crosses and sustains above this level then may reach near 24650 - 24700 range. Index has immediate support near 24050 – 24000 range and if this support is broken then index may tank near 23800 – 23750 range. Big Moment on either side expected after US FOMC Meeting outcome and Commentary on 18 - 19 Dec’24 night.
NSE:CNXFINANCE
by RKMAURYA
Midnifty Intraday Analysis for 19th December 2024NSE:NIFTY_MID_SELECT Index closed near 13030 level and Maximum Call and Put Writing near CMP as below in December Month contract: Call Writing 13200 Strike – 5.69 Lakh 13000 Strike – 3.78 Lakh 13300 Strike – 3.20 Lakh Put Writing 13000 Strike – 4.21 Lakh 12800 Strike – 3.44 Lakh 13100 Strike – 2.65 Lakh Index has immediate resistance near 13175 – 13225 range and if index crosses and sustains above this level then may reach 13350 – 13400 range. Index has immediate support near 12990 – 12950 range and if this support is broken then index may tank near 12850 – 12800 range. Big Moment on either side expected after US FOMC Meeting outcome and Commentary on 18 - 19 Dec’24 night.
NSE:NIFTY_MID_SELECT
by RKMAURYA
Nifty levels - Dec 20, 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!
NSE:NIFTY
by sacxe
BankNifty levels - Dec 20, 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!
NSE:BANKNIFTY
by sacxe
Insecticides India - Bullish OpportunityWe have a bullish opportunity for Insecticides India - positional long: - Trend seems to be upwards on Monthly and Weekly TFs - On 1 Day TF, we have price reacting upwards from nearest 1-D Demand Zone - As per Elliott Wave model, price is forming bullish impulse wave upwards as shown in the chart. Currently, it seems to be just starting to initiate a 5th wave upwards on 1-D TF - We will wait for proper impulse formation until price crosses 855ish and then time an entry on hourly or 75 Mins TF chart. As of now, this is on my radar/watchlist.
NSE:INSECTICIDLong
by champvimal
R-Power Bullish opportunitySince, there is a good flow of news on this stock, let's analyze it from technical standpoint for positional long bet. In the chart (Weekly): - We seem to be in primary impulse 3rd wave of which we have created sub impulse waves 1-2-3-4 (colored in yellow) - The yellow colored 3rd may have either terminated at 50 and is coming towards 34 for completing yellow colored 4th wave OR the price may go up from here itself and touch yellow 3rd wave of target of 60ish and then some consolidation may happen - Also, note we have a good strong weekly demand zone at 32-34ish and price if enters here again, can be a good long bet with excellent risk reward
NSE:RPOWERLong
by champvimal
Nifty Correction for today, tomorrow?This is quick analysis only for today and tomorrow (10th and 11th Dec). We are using 15 Mins Time Frame. - Seems on lower Time Frames of 15/5 Mins, we have Nifty going through Distribution zone and in complex corrections as per Elliott Wave model - As marked here, we "may" be in middle of small sub c-wave formation on 15 Mins TF. If spot price ditches PDL (Previous Day Low) and also then sub a-wave downside, then we are in good confirmation that market is going downside to complete sub c-wave today/tomorrow. It has to surpass 24550-24500 though - If it goes down, we may have a small demand zone at 24400-24350 (marked in chart as green zone) where price may either consolidate and go upwards or distribute and try to go downside. In short, this will be our checkpoint of next steps after the downside view execution
NSE:NIFTYShort
by champvimal
BankNifty Intraday Support & Resistance Levels for 19.12.2024On Wednesday, BankNifty opened negative, reached a high of 52827.60, but slipped to a low of 52010.65, entering the Daily Demand Zone. It ended the day at 52139.55, down by 695 points, marking its second consecutive losing session. The Weekly Trend (50 SMA) remains positive, while the Daily Trend (50 SMA) has shifted to sideways. Demand/Support Zones Near Demand/Support Zone (Daily): 51693.95 - 52197.25 (current price inside this zone) Far Support: 51353 (61.8% Fibonacci level) Far Demand/Support Zone (125m): 50898.75 - 51271.50 Far Demand/Support Zone (Daily): 49787.10 - 50983.50 Supply/Resistance Zones Near Supply/Resistance Zone (125m): 52709.40 - 52911.10 Near Supply/Resistance Zone (15m): 53159.20 - 53276.55 Far Supply/Resistance Zone (30m): 53489.70 - 53675.05 Far Supply/Resistance Zone (Weekly): 53741.40 - 54467.35 (tested)
NSE:BANKNIFTY
by PriteshPalan
Nifty Intraday Support & Resistance Levels for 19.12.2024On Wednesday, Nifty opened negative, touched a high of 24394.45, but couldn’t sustain it and fell to a low of 24149.85. It ended the day at 24198.85, marking its third consecutive losing session, with a loss of 137 points. Both the Weekly Trend (50 SMA) and Daily Trend (50 SMA) are currently sideways. Demand/Support Zones Near Demand/Support Zone (Daily): 23927.15 - 24188.45 (tested twice) Far Demand/Support Zone (75m): 23447.15 - 23578.60 Far Support is at 23872 (61.8% FIBO) Far Support is at 23263 (low of 21st November 2024) Supply/Resistance Zones Near Supply/Resistance Zone (125m): 24601.75 - 24698.10 Near Supply/Resistance Zone (Weekly): 24567.65 - 25234.05 (tested) Far Supply/Resistance Zone (Daily): 25739.20 - 25907.60 Far Supply/Resistance Zone (Daily): 26151.40 - 26277.35
NSE:NIFTY
by PriteshPalan