Get started

Supply and Demand

BankNifty Intraday Support & Resistance Levels for 27.11.2024On Tuesday, BankNifty opened with a gap-up at 52555.50, which was also the day's high, breaking above the supply zone. However, it couldn’t sustain the momentum and dropped to a low of 51999.75, closing at 52191.50, down by 16 points from the previous close. The Weekly Trend (50 SMA) and Daily Trend (50 SMA) remain sideways. The Demand & Supply Zones are unchanged from the prior analysis. Demand/Support Zones Near Demand/Support Zone (30m): 51040.05 - 51271.50 Far Small Demand/Support Zone (15m): 50609.75 - 50824.55 Far Support: 49282.65 (61.8% FIBO Level) Far Demand/Support Zone (Daily): 44633.85 - 45750.40 Supply/Resistance Zones Near Supply/Resistance Zone (Daily): 51294.20 - 52493.95 (current price within this zone) Far Supply/Resistance Zone (Daily): 52817.80 - 53235.25 Far Supply/Resistance Zone (Weekly): 53741.40 - 54467.35
NSE:BANKNIFTY
by PriteshPalan
Nifty Intraday Support & Resistance Levels for 27.11.2024On Tuesday, Nifty opened with a gap-up at 24343.30, which also marked the day's high. However, the momentum did not sustain, leading to a low of 24125.40, before closing at 24194.50, down by 27 points from the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) is also sideways. The Demand & Supply Zones remain unchanged from the previous analysis. Demand/Support Zones Near Demand/Support Zone (15m): 23856.15 - 23940.30 Near Demand/Support Zone (15m): 23661.75 - 23731.25 Far Demand/Support Zone (75m): 23447.15 - 23578.60 Near Support: 23189.88 (61.8% FIBO) Far Demand/Support Zone (Daily): 22642.60 - 22910.15 Supply/Resistance Zones Near Supply/Resistance Zone (75m): 24447.65 - 24537.60 Far Supply/Resistance Zone (Daily): 24567.65 - 24978.30 (inside Weekly Supply Zone) Far Supply/Resistance Zone (75m): 24636.75 - 24741.45 (inside Daily Supply Zone) Far Supply/Resistance Zone (Weekly): 24567.65 - 25234.05
NSE:NIFTY
by PriteshPalan
Gold stabilizes above $2,600 after sell-off on hope of ceasefireGold fluctuates above $2,600 on Tuesday after sliding almost three percent – a whopping $90 plus – on Monday due to rumors Israel and Hezbollah were on the verge of agreeing on a ceasefire. Whilst good news for Lebanon, this was not good news for Gold as it improved the outlook for geopolitical risk. At the time of writing, Gold price is consolidating the bounce near $2,625 as buyers stay cautious amid an impending Bear Cross. The 21-day SMA is closing in to cut the 50-day SMA from above. If that happens on a daily closing basis, it will validate the bearish crossover. Adding credence to the downside potential, the 14-day Relative Strength Index (RSI) has found a foothold below the 50 level, currently at 45.50. The immediate support is at the intraday low of $2,605, below which a drop toward the 100-day SMA at $2,566 cannot be ruled out. A sustained break below that level could challenge the November 14 low of $2,537. Conversely, Gold buyers need a daily candlestick closing above the confluence of the 21-day SMA and the 50-day SMA at $2,667. The next topside barriers are seen at the $2,700 level and Monday’s high of $2,721.
FX_IDC:XAUUSD
by XAUUSDANALYST
Nifty Intraday Analysis for 26th November 2024NSE:NIFTY Index closed near 24220 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24500 Strike – 80.07 Lakh 24300 Strike – 75.08 Lakh 24200 Strike – 43.27 Lakh Put Writing 24300 Strike – 59.06 Lakh 24000 Strike – 58.08 Lakh 24200 Strike – 43.56 Lakh Index has resistance near 24300 – 24550 range and if index crosses and sustains above this level then may reach near 24500 - 24550 range. Index has immediate support near 24050 – 23950 range and if this support is broken then index may tank near 23850 – 23800 range.
NSE:NIFTYLong
by RKMAURYA
Banknifty Intraday Analysis for 26th November 2024NSE:BANKNIFTY Index closed near 52205 level and Maximum Call and Put Writing near CMP as below in current Monthly contract: Call Writing 53000 Strike – 25.07 Lakh 52000 Strike – 20.41 Lakh 52500 Strike – 19.08 Lakh Put Writing 51000 Strike – 25.50 Lakh 52000 Strike – 19.87 Lakh 51500 Strike – 18.66 Lakh Index has resistance near 52500 – 52600 range and if index crosses and sustains above this level then may reach near 53000 – 53200 range. Index has immediate support near 51650 - 51550 range and if this support is broken then index may tank near 51100 - 51000 range.
NSE:BANKNIFTYLong
by RKMAURYA
Finnifty Intraday Analysis for 26th November 2024NSE:CNXFINANCE Index closed near 24060 level and Maximum Call and Put Writing near CMP as below in current Monthly contract: Call Writing 24700 Strike – 16.40 Lakh 24500 Strike – 15.01 Lakh 24100 Strike – 10.84 Lakh Put Writing 23500 Strike – 12.18 Lakh 23800 Strike – 9.90 Lakh 24000 Strike – 9.76 Lakh Index has resistance near 24250 - 24350 range and if index crosses and sustains above this level then may reach near 24500 - 24550 range. However, Index has immediate support near 23750 – 23650 range and if this support is broken then index may tank near 23400 – 23300 range.
NSE:CNXFINANCELong
by RKMAURYA
Midnifty Intraday Analysis for 26th November 2024NSE:NIFTY_MID_SELECT Index closed near 12575 level and Maximum Call and Put Writing near CMP as below in December Monthly contract: Call Writing 13000 Strike – 1.33 Lakh 12600 Strike – 1.15 Lakh 12500 Strike – 1.05 Lakh Put Writing 12500 Strike – 1.47 Lakh 12600 Strike – 0.95 Lakh 12550 Strike – 0.39 Lakh Index has immediate resistance near 12750 – 12800 range and if index crosses and sustains above this level then may reach 12950 – 13000 range. Index has immediate support near 12350 – 12300 range and if this support is broken then index may tank near 12200 – 12150 range.
NSE:NIFTY_MID_SELECTLong
by RKMAURYA
Nifty levels - Nov 27, 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 - Nov 27, 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
BTCUSD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARDBTCUSD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
CRYPTO:BTCUSDLong
by tradergyan01
1
BankNifty Intraday Support & Resistance Levels for 26.11.2024On Monday, BankNifty opened with a huge gap-up of 910 points, breaking the 75m Supply Zone and entering the Daily Supply Zone highlighted earlier. It made a low of 51774.05 and a high of 52331.10 before closing at 52207.50, gaining an impressive 1072 points over the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) has shifted from Negative to Sideways, indicating potential for further movement with caution at higher levels. Demand/Support Zones Near Demand/Support Zone (30m): 51040.05 - 51271.50 Far Small Demand/Support Zone (15m): 50609.75 - 50824.55 Far Support (61.8% FIBO): 49282.65 Far Demand/Support Zone (Daily): 44633.85 - 45750.40 Supply/Resistance Zones Near Supply/Resistance Zone (Daily): 51294.20 - 52493.95 (current price within this zone) Far Supply/Resistance Zone (Daily): 52817.80 - 53235.25 Far Supply/Resistance Zone (Weekly): 53741.40 - 54467.35
NSE:BANKNIFTY
by PriteshPalan
Nifty Intraday Support & Resistance Levels for 26.11.2024On Monday, Nifty opened with a massive gap-up of 346 points, breaking through the 75m and Daily Supply Zones. It touched a high of 24351.55 and a low of 24135.45 before closing at 24221.90, gaining 314 points from the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) has shifted from Negative to Sideways, signalling cautious optimism. Demand/Support Zones Near Demand/Support Zone (15m): 23856.15 - 23940.30 Near Demand/Support Zone (15m): 23661.75 - 23731.25 Far Demand/Support Zone (75m): 23447.15 - 23578.60 Near Support (61.8% FIBO): 23189.88 Far Demand/Support Zone (Daily): 22642.60 - 22910.15 Supply/Resistance Zones Near Supply/Resistance Zone (75m): 24447.65 - 24537.60 Far Supply/Resistance Zone (Daily): 24567.65 - 24978.30 (inside Weekly Supply) Far Supply/Resistance Zone (75m): 24636.75 - 24741.45 (inside Daily Supply) Far Supply/Resistance Zone (Weekly): 24567.65 - 25234.05
NSE:NIFTY
by PriteshPalan
Lido DAO Long-Term analysis, getting profit of +540% ROILido is currently trading within sideways waves and has recently breakout above a trendline within these waves. This indicates a potential uptrend. The first target is the top of the sideways wave at $3.45 USD, which also acts as a resistance level. Reaching this target could yield a potential profit of +181% percentage ROI. If the market closes above or breakout of this first target, a more significant price movement could occur, potentially reaching the second target of $6.325 USD. This could result in a total potential profit of +540%. Good luck.
CRYPTO:LDOUSDLong
by SasikumarMani
GMMPFAUDLR Trading Above Tested Weekly Demand ZoneGMMPFAUDLR is currently trading at ₹1201, above its demand zone between ₹1175 and ₹1111, identified on 17th November 2023. This tested zone suggests potential buying interest if the stock price revisits this range. Investors may watch for a pullback to these levels, which could offer a buying opportunity near this support area. 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:GMMPFAUDLRLong
by rush12799
3
FinNifty levels - Nov 26, 2024FinNifty 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:CNXFINANCE
by sacxe
Nifty Intraday Analysis for 25th November 2024NSE:NIFTY Index closed near 23905 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24500 Strike – 64.67 Lakh 24000 Strike – 54.92 Lakh 23900 Strike – 43.59 Lakh Put Writing 23500 Strike – 80.25 Lakh 23600 Strike – 41.51 Lakh 23700 Strike – 35.90 Lakh Gap up opening is expected in the event of a better than expected win by BJP in Maharashtra election. Index has resistance near 24200 – 24250 range and if index crosses and sustains above this level then may reach near 24400 - 24500 range. Downside moments are less likely. However, Index has immediate support near 23700 – 23650 range and if this support is broken then index may tank near 23400 – 23350 range.
NSE:NIFTYLong
by RKMAURYA