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Supply and Demand

BANKNIFTY FOR 13 SEP#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade) NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis. NOTE : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do. Please Give A Like If You Like
NSE:BANKNIFTYShort
by MISSION_TRADING
NIFTY FIN SERVICE FOR 13 SEP#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade) NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis. NOTE : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do. Please Give A Like If You Like
NSE:CNXFINANCE
by MISSION_TRADING
NIFTY FOR 13 SEP#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade) NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis. NOTE : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do. Please Give A Like If You Like
NSE:NIFTYShort
by MISSION_TRADING
Dr. Reddy's : Triangle Pattern Formation in Demand ZonesDr. Reddy's stock is currently forming a descending triangle pattern on the 2-hour, 4-hour, and daily demand Zones. This pattern and its positioning within demand zones are crucial for potential future movements. Key Observations: Triangle Pattern : The stock is creating a descending triangle pattern, characterized by a series of lower highs and a horizontal support level. This pattern often precedes a breakout or breakdown, depending on the direction of the price action. Demand Zones: The triangle pattern is developing within established demand zones on all three time frames. These zones are areas where buying interest has been strong in the past, which may influence the pattern's outcome on the upside. Implications: Potential Breakout : Watch for a breakout above the upper trendline signaling the start of a new trend. Support Levels: The demand zones within the triangle may act as crucial support levels. A bounce from these levels could lead to a trend reversal. Key Levels: Demand Zones: Daily: 4Hour: 2Hour: Pattern: Lets monitor the price action closely as the stock approaches the apex of the triangle pattern for potential trading opportunities when it breaks out
NSE:DRREDDYLong
by JS_Trading_Tradingmadesimple
Vodafone in 4H & 2H Demand Zones: Potential Reversal Ahead?Vodafone is currently consolidating in both the 4-hour and 2-hour demand zones , coupled with daily trendline support , indicating a strong potential for a bullish reversal. This price consolidation suggests potential accumulation and could lead to a bullish reversal in the near future. Also convergence of support levels across multiple time frames adds confidence to a possible bounce in price action. There should be a lookout for a potential bullish breakout, especially considering the strong confluence of support levels. Key Levels: Daily Trendline Support: 4H Demand Zone: 2H Demand Zone: Breakout Possibility The price is consolidating within the demand zones in both the 4H and 2H time frames, while maintaining contact with a daily trendline support. This consolidation could signal an accumulation phase, where the market is indecisive before a breakout. Once the price has broken out of the range (i.e resistance @ 13.77), The target could be the next supply zone around 15. There is also a small gap filling opportunity as well
NSE:IDEALong
by JS_Trading_Tradingmadesimple
2
Nifty Intraday Analysis for 12th September 2024NSE:NIFTY Index closed near 24920 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 25000 Strike – 116.23 Lakh 25500 Strike – 105.21 Lakh 25100 Strike – 103.95 Lakh Put Writing 24500 Strike – 69.90 Lakh 24700 Strike – 63.54 Lakh 24800 Strike – 50.40 Lakh Index has resistance near 25100 – 25550 range and if index crosses and sustains above 25150 level then may reach near 25300 - 25350 range. Index has immediate support near 24850 – 24750 range and if 24750 support is broken then index may tank near 24650 – 24600 range.
NSE:NIFTY
by RKMAURYA
Banknifty Intraday Analysis for 12th September 2024NSE:BANKNIFTY Index closed near 51010 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 51500 Strike – 13.27 Lakh 51000 Strike – 12.55 Lakh 51200 Strike – 9.40 Lakh Put Writing 51000 Strike – 12.68 Lakh 50000 Strike – 8.83 Lakh 50500 Strike – 6.06 Lakh Index has resistance near 51500 – 51600 range and if index crosses and sustains above 51600 level then may reach near 51850 – 52000 range. Index has immediate support near 50750 – 50650 range and if this support is broken then index may tank near 50300 - 50200 range.
NSE:BANKNIFTY
by RKMAURYA
Finnifty Intraday Analysis for 12th September 2024NSE:CNXFINANCE Index closed near 23580 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 23700 Strike – 8.23 Lakh 23600 Strike – 4.30 Lakh 24000 Strike –3.83 Lakh Put Writing 23700 Strike – 3.53 Lakh 23600 Strike – 3.34 Lakh 23000 Strike – 2.41 Lakh Index has resistance near 23750 - 23850 range and if index crosses and sustains above 23850 level then may reach near 24000 - 24100 range. Index has immediate support near 23500 – 23450 range and if this support is broken then index may tank near 23350 – 23300 range.
NSE:CNXFINANCE
by RKMAURYA
Midnifty Intraday Analysis for 12th September 2024NSE:NIFTY_MID_SELECT Index closed near 13115 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 13500 Strike – 14.28 Lakh 13200 Strike – 9.53 Lakh 13300 Strike – 6.87 Lakh Put Writing 13000 Strike – 16.98 Lakh 12800 Strike – 8.64 Lakh 13100 Strike –6.81 Lakh Index has immediate resistance near 13250- 13300 range and if index crosses and sustains above 13300 level then may reach 13450 – 13500 range. Index has immediate support near 13100 – 13000 range and if this support is broken then index may tank near 12900 – 12850 range.
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by RKMAURYA
BankNifty levels - Sep 13, 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 at the bottom right. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe
Nifty levels - Sep 13, 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 at the bottom right. We encourage you to share your thoughts and comments regarding it. Wishing you success in your trading activities!
NSE:NIFTY
by sacxe
Nifty Market Update: Symmetric Triangle Pattern in FormationOn September 12, 2024 (Today), NSE:NIFTY opened with a gap-up of more than 100 points, showing early bullish momentum. The index is now trading within a range and appears to be forming a symmetric triangle pattern, indicating potential breakout action. Key levels to watch are the day’s support at 24,978.20 and at 24884.85 and resistance at 25,141.15. A breakout above or below these levels could set the tone for the next trend. Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always consult a professional before making trading / investment decisions.
NSE:NIFTY
by Stable_Logic
1
GOLD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARDGOLD SHOWING A GOOD UP MOVE WITH 1:10 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
FX:XAUUSDLong
by tradergyan01
BankNifty Intraday Support & Resistance Levels for 12.09.2024On Wednesday, BankNifty reached a high of 51420.15, touching the 125m supply zone mentioned in the previous post, before dropping over 450 points to close at 51010. A breakout above 51316 (61.8% FIBO retracement level) with volume could open the door to higher levels at 51750 - 52340. The weekly trend (50 SMA) remains positive, while the daily trend (50 SMA) is sideways. Support Levels: Near Demand/Support Zone (15m): 50564 - 50715 Far Demand/Support Zone (Weekly): 49530 - 50253 Far Demand/Support Zone (125m): 49681 - 49798 Resistance Levels: Near Supply/Resistance Zone (30m): 51445 - 51497 Far Supply/Resistance Zone (30m): 51665 - 51732
NSE:BANKNIFTY
by PriteshPal
Nifty Intraday Support & Resistance Levels for 12.09.2024On Wednesday, Nifty hit a high of 25113.70, entering the 30m supply zone mentioned in the previous post, before dropping over 200 points to close at 24918.45. The weekly trend (50 SMA) remains positive, while the daily trend (50 SMA) is sideways. Support Levels: Far Demand/Support Zone (75m): 24678.80 - 24745.50 Far Demand/Support Zone (Daily): 24523 - 24636 Far Support (61.8% FIBO retracement level): 24444 Far Demand/Support Zone (Weekly): 23893.70 - 24367.50 Resistance Levels: Near Supply/Resistance Zone (30m): 25045 - 25114 Far Supply/Resistance Zone (75m): 25127.75 - 25198.60 (tested) Far Supply/Resistance Zone (Daily): 25235.80 - 25321.65
NSE:NIFTY
by PriteshPal