BANKNIFTY FOR 12 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.
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Supply and Demand
NIFTY FIN SERVICE FOR 12 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.
Please Give A Like If You Like
NIFTY FOR 12 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.
Please Give A Like If You Like
Nifty Intraday Analysis for 11th September 2024NSE:NIFTY
Index closed near 25040 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25500 Strike – 64.92 Lakh
25100 Strike – 61.65 Lakh
25200 Strike – 60.07 Lakh
Put Writing
24600 Strike – 59.10 Lakh
25000 Strike – 55.21 Lakh
24800 Strike – 51.60 Lakh
Index has resistance near 25200 – 25250 range and if index crosses and sustains above 25250 level then may reach near 25450 - 25500 range.
Index has immediate support near 24950 – 24850 range and if 24850 support is broken then index may tank near 24750 – 24700 range.
Finnifty Intraday Analysis for 11th September 2024NSE:CNXFINANCE
Index closed near 23650 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23700 Strike – 4.78 Lakh
23800 Strike – 2.21 Lakh
24000 Strike –1.89 Lakh
Put Writing
23700 Strike – 3.01 Lakh
23500 Strike – 1.52 Lakh
23600 Strike – 1.50 Lakh
Index has resistance near 23850 - 23900 range and if index crosses and sustains above 23900 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.
Intraday Levels for 12/09/2024BANKNIFTY Intraday Levels for 12/09/2024
Here are the BANKNIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both.
The SL (Stop loss) for each trade should be there.
Note: This idea and these levels are only for learning and educational purpose.
Your likes /boosts gives us motivation for continued leaning and sharing ideas.
Midnifty Intraday Analysis for 11th September 2024NSE:NIFTY_MID_SELECT
Index closed near 13185 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
13500 Strike – 7.57 Lakh
13200 Strike – 7.55 Lakh
13300 Strike – 4.59 Lakh
Put Writing
13000 Strike – 16.29 Lakh
13200 Strike – 7.32 Lakh
13100 Strike – 6.58 Lakh
Index has immediate resistance near 13300- 13325 range and if index crosses and sustains above 13325 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.
Nifty levels - Sep 12, 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!
BankNifty levels - Sep 12, 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!
CPI news: Will it reach a new peak or maintain a sideways range?Market analysis for XAUUSD trading on September 11, 2024:
The trading session on September 10, 2024, continued the upward trend of gold, with corrective movements unable to change the direction. However, the H4 timeframe is currently in a sideways range; the area between 2525 - 2531 remains very strong. It is highly likely that during the Asian session, this resistance zone will not be broken.
Today's trading trend is: BUY.
Key price areas to note:
BUY zone: 2500 - 2505 and 2510 - 2513.
SELL zone: 2525 - 2531 and 2538 - 2542.
Recommended orders:
Plan 1: BUY XAUUSD zone 2510 - 2512
SL 2507
TP 2515 - 2520 - 2525 - 2530.
Plan 2: BUY XAUUSD zone 2500 - 2502
SL 2497
TP 2505 - 2510 - 2515 - 2525.
Plan 3: SELL XAUUSD zone 2525 - 2527
SL 2530
TP 2522 - 2517 - 2512 - 2505.
Wishing you all a successful trading day.😘😘😘😘😘😘😘😘😘
BANKNIFTY will get STRONGER above 51350..?As we can see BANKNIFTY is forming more like a cup and handle pattern is smaller time frame which is a strong bullish signal but the only criteria is that BANKNIFTY has to open flat to strong but if fails then we may see another bear takeover with false breakouts. Hence as long as BANKNIFTY maintains itself below 51350, we may see sideways to negative market till it finally breaks out for directional move so plan your trades accordingly.
Banknifty Intraday Analysis for 11th September 2024NSE:BANKNIFTY
Index closed near 51270 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
51500 Strike – 41.21 Lakh
52000 Strike – 32.65 Lakh
51300 Strike – 24.89 Lakh
Put Writing
51000 Strike – 33.70 Lakh
50000 Strike – 31.08 Lakh
50500 Strike – 28.44 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.
BankNifty Intraday Support & Resistance Levels for 11.09.2024On Tuesday, BankNifty opened with a gap up inside the 15m supply zone mentioned in the previous post and dropped 370 points from the top. It later recovered from the low, making a day high of 51366 before closing at 51272.30. A crossover above 51316 with volume could push BankNifty towards 51750 - 52340. The weekly trend (50 SMA) remains positive, and 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 (125m): 51405 - 51512
Far Supply/Resistance Zone (30m): 51665 - 51732
Nifty Intraday Support & Resistance Levels for 11.09.2024On Tuesday, Nifty opened with a gap up, reaching a high of 25130.50, touching the 75m supply zone mentioned in the previous post. It then fell over 100 points from the top, closing at 25041.10, gaining 104 points from the previous day's close. The weekly trend (50 SMA) remains positive, while the daily trend (50 SMA) is sideways.
Support Levels:
Near Demand/Support Zone (30m): 24908 - 24961
Far Demand/Support Zone (75m): 24678.80 - 24745.50
Far Demand/Support Zone (Daily): 24523 - 24636
Far Support: 24444 (61.8% FIBO retracement of the last rally)
Far Demand/Support Zone (Weekly): 23893.70 - 24367.50
Resistance Levels:
Near Supply/Resistance Zone (30m): 25095.45 - 25130.50
Far Supply/Resistance Zone (75m): 25127.75 - 25198.60 (tested)
Far Supply/Resistance Zone (Daily): 25235.80 - 25321.65
DivisLab- Bullish Swing-Will this be a new All time high? NSE:DIVISLAB
28.08.2024
Buy-5090
Target-5374
Stop Loss-4815
Risk Reward- 1:1
1.Inside bar breakout
2.Trend- Very good uptrend
3.Price has bounced from support level & broke previous resistance
4.Volume- Very good volumes found in bullish side
5. EMA- Rejection from 50 EMA and price above 21 EMA
6. Pharma sector is in rocket mode
Intraday Levels for 11/09/2024BANKNIFTY Intraday Levels for 11/09/2024
Here are the BANKNIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both.
The SL (Stop loss) for each trade should be there.
Note: This idea and these levels are only for learning and educational purpose.
Your likes /boosts gives us motivation for continued leaning and sharing ideas.
NIFTY FOR 11 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.
Please Give A Like If You Like
NIFTY FIN SERVICE FOR 11 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.
Please Give A Like If You Like
BANKNIFTY FOR 11 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.
Please Give A Like If You Like
Nifty Intraday Analysis for 10th September 2024NSE:NIFTY
Index closed near 24935 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 65.43 Lakh
25200 Strike – 65.21 Lakh
25300 Strike – 60.63 Lakh
Put Writing
24500 Strike – 48.43 Lakh
24800 Strike – 39.25 Lakh
24600 Strike – 39.13 Lakh
Index has resistance near 25050 – 25100 range and if index crosses and sustains above 25100 level then may reach near 25200 - 25250 range.
Index has immediate support near 24800 – 24750 range and if 24750 support is broken then index may tank near 24600 – 24500 range.
Banknifty Intraday Analysis for 10th September 2024NSE:BANKNIFTY
Index closed near 51120 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
51500 Strike – 32.83 Lakh
52000 Strike – 23.99 Lakh
51000 Strike – 20.96 Lakh
Put Writing
50500 Strike – 24.88 Lakh
51000 Strike – 23.69 Lakh
50000 Strike – 20.92 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 50450 – 50350 range and if this support is broken then index may tank near 50000 - 49800 range.