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Supply and Demand

Nifty levels - Dec 02, 2024 Nifty 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
Gold on Buying Zone again. but consolidation phase is on yetPositive delta on negative candles = 1st proof of buyers on accumulation zone. 5 days of past week all on buyers interest as net positive delta count on candle close. this week 1 single candle showing 50$ + selling candle shows buyers booking profit and sellers trying to add new selling pressure on Monday. but post Tuesday, we see positive delta on candle close on daily basis this again shows, buyers entering accumulation zone, with prices on consolidation zone. Buy side opportunity is seen with high priority.
PEPPERSTONE:XAUUSDLong
by XAUUSDANALYST
1
Nifty Intraday Analysis for 28th November 2024NSE:NIFTY Index closed near 24275 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24500 Strike – 98.86 Lakh 24300 Strike – 77.46 Lakh 24400 Strike – 53.53 Lakh Put Writing 24000 Strike – 95.15 Lakh 24200 Strike – 72.17 Lakh 24300 Strike – 69.22 Lakh Index has resistance near 24325 – 24350 range and if index crosses and sustains above this level then may reach near 24500 - 24550 range. Index has immediate support near 24150 – 24050 range and if this support is broken then index may tank near 23950 – 23850 range.
NSE:NIFTYLong
by RKMAURYA
Banknifty Intraday Analysis for 28th November 2024NSE:BANKNIFTY Index closed near 52300 level and Maximum Call and Put Writing near CMP as below in December Month contract: Call Writing 53000 Strike – 8.33 Lakh 52500 Strike – 7.97 Lakh 52000 Strike – 6.00 Lakh Put Writing 52000 Strike – 8.51 Lakh 52500 Strike – 5.71 Lakh 51500 Strike – 4.32 Lakh Index has resistance near 52800 – 52900 range and if index crosses and sustains above this level then may reach near 53200 – 53300 range. Index has immediate support near 51800 - 51700 range and if this support is broken then index may tank near 51200 - 51100 range.
NSE:BANKNIFTYLong
by RKMAURYA
Finnifty Intraday Analysis for 28th November 2024NSE:CNXFINANCE Index closed near 24170 level and Maximum Call and Put Writing near CMP as below in December Month contract: Call Writing 24000 Strike – 0.69 Lakh 24200 Strike – 0.35 Lakh 24500 Strike – 0.29 Lakh Put Writing 24000 Strike – 1.26 Lakh 24100 Strike – 0.47 Lakh 24200 Strike – 0.44 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 28th November 2024NSE:NIFTY_MID_SELECT Index closed near 12620 level and Maximum Call and Put Writing near CMP as below in December Month contract: Call Writing 12600 Strike – 2.64 Lakh 13000 Strike – 1.98 Lakh 12500 Strike – 1.22 Lakh Put Writing 12600 Strike – 3,02 Lakh 12500 Strike – 1.97 Lakh 12550 Strike – 0.77 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 12450 – 12400 range and if this support is broken then index may tank near 12250 – 12200 range.
NSE:NIFTY_MID_SELECTLong
by RKMAURYA
BankNifty levels - Nov 29, 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
Nifty levels - Nov 29, 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
USDJPY SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARDUSDJPY 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
Long
by tradergyan01
BankNifty Intraday Support & Resistance Levels for 28.11.2024On Wednesday, BankNifty started on a weak note but quickly recovered. It made a low of 52019.65 before rallying to a high of 52444.35. It closed at 52301.80, gaining 110 points from the previous close. Both the Weekly Trend (50 SMA) and Daily Trend (50 SMA) remain sideways, reflecting a range-bound market. The index is currently trading within a critical supply zone, which may determine its next move. 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 inside 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 28.11.2024On Wednesday, Nifty opened flat and traded within a narrow range. It touched a low of 24145.65 and a high of 24354.55, eventually closing at 24274.90, up by 80 points from the previous close. For the past three days, Nifty has been consolidating in the 24100 - 24350 range, signalling indecision. Both the Weekly Trend (50 SMA) and Daily Trend (50 SMA) remain sideways, indicating the market is waiting for a breakout. 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 Level) 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 A breakout beyond 24350 or a breakdown below 24100 could set the tone for the next directional move.
NSE:NIFTY
by PriteshPalan
DMART Trading Above Fresh Weekly Demand ZoneDMART is currently trading at ₹3661.25, above its demand zone between ₹3582.95 and ₹3530.05, identified on 1st September 2023. This fresh zone has not yet been tested, suggesting potential buying interest if the stock revisits this range. Investors may consider watching for a pullback to this zone for a potential buying opportunity near this support level. 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:DMARTLong
by rush12799
MAHLOG Trading Above Fresh Demand ZoneMAHLOG is currently trading at ₹385, slightly above its demand zone between ₹381.7 and ₹370.6, established on 15th February 2024. This fresh zone has not been tested, indicating potential buying interest if the price retraces to this range. Investors might consider monitoring for a pullback, which could present a buying opportunity at this support level. 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:MAHLOGLong
by rush12799
1
Nifty Intraday Analysis for 27th November 2024NSE:NIFTY Index closed near 24195 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24500 Strike – 92.52 Lakh 24300 Strike – 81.50 Lakh 24400 Strike – 57.67 Lakh Put Writing 24000 Strike – 65.25 Lakh 24300 Strike – 51.09 Lakh 24200 Strike – 45.40 Lakh Index has resistance near 24300 – 24330 range and if index crosses and sustains above this level then may reach near 24450 - 24500 range. Index has immediate support near 24050 – 23950 range and if this support is broken then index may tank near 23850 – 23800 range.
NSE:NIFTY
by RKMAURYA