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Supply and Demand

RBLBANK!Simple explanation: Candlesticks: Each candlestick shows the price of the stock for one day. A green candlestick means the price went up that day, and a red one means the price went down. Fibonacci Retrenchment Levels: These horizontal lines are like checkpoints, showing important price levels where the stock might stop and change direction. Think of them as guideposts on a trail. Price Targets: These are the expected price levels the stock might reach. For example, if the stock moves up, it could hit the price target marked by an arrow. Volume: This shows how many stocks were traded. A high volume means lots of people were buying or selling that day. Current Price: The current price of the stock is ₹152.79, which is down by 7.02%. So, traders use this chart to understand past price movements and predict future changes, helping them make decisions on buying or selling the stock. 📈📉 Hope this helps! If you have questions, just let me know.
NSE:RBLBANKLong
by iVishalPal
IRCTC-A monopoly stock available at discount!Technically, IRCTC has been in an uptrend since its listing in 2019. Stock has taken support multiple times at trendline visible on chart. If stock breaks this trendline due to bearish broader market, we can see a swift move towards 660 levels which is yet another demand zone. Levels given on chart. As most of us know, it is a monopoly PSU stock and has big potential in long term given the expansion of rail networks in India. It is not a recommendation but my personal opinion. I am a NISM Certified research analyst and not SEBI registered.
NSE:IRCTCLong
by chartistamey
4
Silver1!Understand the chart: Candlesticks: Imagine each candlestick as a day. Green means the price went up that day, and red means it went down. Lines with percentages: These are like checkpoints to see how much the price has moved up or down. Green and Red boxes: The green box shows where traders hope to make money if the price goes up, and the red box shows where they might lose money if it goes down. Think of it like a weather forecast but for stocks! Traders use this to decide the best times to buy or sell. Hope this helps! 🌞📉📈
MCX:SILVER1!Long
by iVishalPal
Nifty Intraday Support & Resistance Levels for 23.12.2024On Friday, Nifty opened flat to positive and climbed to a high of 24,065.80, briefly crossing the previous day’s high. However, heavy selling pressure pushed it to a day low of 23,537.35, entering the 75m Demand Zone mentioned earlier. It closed negative for the 5th consecutive session at 23,587.50, losing 364 points. While the Weekly Trend (50 SMA) remains positive, the Daily Trend (50 SMA) has turned negative. Demand/Support Zones 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 Far Supply/Resistance Zone (Weekly): 24,567.65 - 25,234.05 (tested) Outlook Nifty has lost over 1,200 points during its five-day losing streak, entering an oversold zone on the 75m timeframe. With prices touching the 75m Demand Zone (23,447.15 - 23,578.60), there’s potential for a bounce back, provided the support holds.
NSE:NIFTY
by PriteshPal
ready for targets MAZDA breakout candidate . Mazda Ltd., incorporated in the year 1990, is a Small Cap company (having a market cap of Rs 586.03 Crore) operating in Engineering sector. Mazda Ltd. key Products/Revenue Segments include Vacuum Systems, Evaporators, Food Products, Condenser, Others, Vacuum Pumps, Pollution Control Equipments & Systems, Thermocompressors, Heaters, Sale of services, Export Incentives, Scrap, Consultancy Income for the year ending 31-Mar-2024.
NSE:MAZDALong
by TechnicalAnalystSucrit
2
Nifty Week AheadNSE:NIFTY Couldn't Sustain above 100 DSMA. Sell on Rise Structure is Still Playing Well. Aggressive Trader: Short at Current Levels With 100 DSMA as SL. Conservative Trader: Short When it gives Pullback towards R1 or 100 DSMA. Long-Term Investor: Can Add Near S1 and S2. 📌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:NIFTYShort
by Karanshah137
Nifty Outlook for 2025: Are We Entering a Bear Market?As the selling pressure in Nifty persists, the big question is: will it reverse course and hit new highs, or are we heading for a deeper downturn in 2025? Let’s set aside the noise about why FIIs are selling, DIIs buying, or other market triggers, and focus on what the charts are telling us. What the Charts Say After reaching an all-time high of 26,277.35 on 27th September 2024, Nifty corrected by 11.50%, dropping to 23,263.15 on 21st November 2024. This decline broke the Higher High - Higher Low pattern when it fell below the previous low of 23,893.70 (formed on 5th August 2024). Nifty retraced to make a high of 24,857.75 on 5th December 2024, only to resume its decline. As of 20th December 2024, Nifty closed at 23,587.50, and a break below 23,263 could confirm the start of a Lower High - Lower Low pattern, signalling a potential bearish trend. Key Zones to Watch - Resistance Levels: Strong Weekly Resistance: 24,567.65 - 25,234.05 Near Daily Resistance Zones: 24,149.85 - 24,394.45 and 24,601.75 - 24,781.25 - Support Levels: Near Support: 22,640 - 22,910 Far Support: 21,281 (previous major low from 4th June 2024) Trends & Insights The Weekly and Daily Trends (50 SMA) remain sideways, indicating uncertainty. To confirm a bullish revival, the Nifty must break and sustain above 25,000 - 25,250. Until then, the market appears to favour a "Sell-on-Rise" strategy. A fall below 22,640 could lead to further downside, with 21,281 emerging as a critical support zone. Final Thoughts The coming days are crucial. The market’s direction hinges on whether Nifty can defend key support levels or succumb to the pressure and form a Lower High - Lower Low pattern. What’s your take on Nifty’s outlook for 2025? Share your views in the comments below – let’s discuss! 👇
NSE:NIFTYShort
by PriteshPal
Nifty Intraday Analysis for 20th December 2024NSE:NIFTY Index closed near 23950 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24000 Strike – 67.06 Lakh 24500 Strike – 67.03 Lakh 24300 Strike – 39.61 Lakh Put Writing 24000 Strike – 87.98 Lakh 24000 Strike – 66.15 Lakh 23600 Strike – 26.00 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 23850 – 23800 range and if this support is broken then index may tank near 23700 – 23650 range.
NSE:NIFTY
by RKMAURYA