Nifty Intraday Analysis for 12th February 2025NSE:NIFTY
Index closed near 23070 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23500 Strike – 99.23 Lakh 23400 Strike – 79.45 Lakh
23300 Strike – 71.23 Lakh
Put Writing
22500 Strike – 91.19 Lakh
22700 Strike – 84.36 Lakh
22800 Strike – 61.43 Lakh
Index has resistance near 23250 - 23300 range and if index crosses and sustains above this level then may reach near 23450 - 23500 range.
Index has immediate support near 22850 – 22800 range and if this support is broken then index may tank near 22650 – 22600 range.
Supply and Demand
Banknifty Intraday Analysis for 12th February 2025NSE:BANKNIFTY
Index closed near 49405 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
50000 Strike – 11.68 Lakh
50500 Strike – 10.74 Lakh 49500 Strike – 7.54 Lakh
Put Writing
49000 Strike – 13.43 Lakh
50000 Strike – 10.32 Lakh
49500 Strike – 8.36 Lakh
Index has resistance near 49800 – 49900 range and if index crosses and sustains above this level then may reach near 50400 – 50500 range.
Index has immediate support near 48900 - 48800 range and if this support is broken then index may tank near 48400 - 48300 range.
Finnifty Intraday Analysis for 12th February 2025NSE:CNXFINANCE
Index closed near 23090 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
23500 Strike – 1.59 Lakh
23000 Strike – 0.56 Lakh
23200 Strike – 0.22 Lakh
Put Writing
23500 Strike – 1.15 Lakh
23000 Strike – 0.70 Lakh
23400 Strike – 0.64 Lakh
Index has resistance near 23250 - 23300 range and if index crosses and sustains above this level then may reach near 23450 - 23500 range.
Index has immediate support near 22950 – 22900 range and if this support is broken then index may tank near 22750 – 22700 range.
Midnifty Intraday Analysis for 12th February 2025NSE:NIFTY_MID_SELECT
Index closed near 11470 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
11700 Strike – 2.38 Lakh
11500 Strike – 2.27 Lakh
11600 Strike – 1.85 Lakh
Put Writing
11500 Strike –6.10 Lakh
11400 Strike – 2.55 Lakh
11300 Strike – 2.09 Lakh
Index has immediate resistance near 11600 – 11650 range and if index crosses and sustains above this level then may reach 11800 – 11850 range.
Index has immediate support near 11350 – 11300 range and if this support is broken then index may tank near 11150– 11100 range.
BankNifty levels - Feb 13, 2025Utilizing 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.
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Nifty levels - Feb 13, 2025Nifty 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!
EURJPY - TRADING AT DEMAND ZONESymbol - EURJPY
EURJPY is currently trading within a important support zone. This level has acted as a solid base for price action, offering stability to the currency pair and providing key support for the ongoing trend.
At current market price (CMP 156.50), EURJPY presents a promising opportunity to initiate long positions. The current price level aligns well for potential upward movement, making it a favorable entry point for traders looking to take advantage of the prevailing trend.
However, it is crucial to monitor certain levels for any signs of trend reversal. A breakdown below the 155.25 area could trigger additional selling pressure, and a sustained move below 155.00 would confirm a shift from a bullish to a bearish market structure. In such a case, a retest of the breakdown zone could offer a good opportunity for short positions.
Conversely, if EURJPY continues to recover, we could see a push toward the 158.67 and 160.85 levels, which represent key resistance areas. A successful breakout above these levels would likely signal the continuation of the bullish trend, suggesting further upward momentum.
Key Resistance Levels: 158.70, 159.90, 160.85
Key Support Levels: 156.00, 155.25
Nifty 50: Market Structure Break on 60-Hour TimeframeMarket Structure Break: The 60-minute timeframe shows a clear structural break, pushing prices into a premium zone.
Premium to Discount Retracement: Given the overextended nature of the premium zone, a retracement to a discount zone is expected.
Potential Reversal: The retracement could lead to a reversal, where market momentum shifts, creating a more balanced trading environment.
Consolidation Point: The market is likely to consolidate around the 23400 level, a critical juncture that corresponds with the FVG and discount zone, serving as a potential springboard for future upward movement.
Traders should monitor the price action closely in the discount zone for signs of reversal confirmation.
Tatamotors - Can we expect to see a bounce from here?Tata Motors' stock has experienced a notable correction and is approaching a significant price zone where multiple timeframes—weekly, monthly, and quarterly—indicate a demand area. This region is often observed by traders and investors as a potential area of interest, where buying activity has historically emerged. While no outcome is certain, such zones are commonly analyzed to assess possible price reactions.
Nifty Intraday Analysis for 11th February 2025NSE:NIFTY
Index closed near 23380 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24000 Strike – 121.73 Lakh 23700 Strike – 84.58 Lakh
23600 Strike – 73.33 Lakh
Put Writing
23000 Strike – 52.32 Lakh
23100 Strike – 45.96 Lakh
23300 Strike – 36.68 Lakh
Index has resistance near 23550 - 23600 range and if index crosses and sustains above this level then may reach near 23750 - 23800 range.
Index has immediate support near 23200 – 23150 range and if this support is broken then index may tank near 23000 – 22950 range.
Banknifty Intraday Analysis for 11th February 2025NSE:BANKNIFTY
Index closed near 49980 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
51000 Strike – 13.39 Lakh
50000 Strike – 9.20 Lakh 50500 Strike – 8.88 Lakh
Put Writing
49000 Strike – 13.27 Lakh
50000 Strike – 11.49 Lakh
49500 Strike – 6.60 Lakh
Index has resistance near 50500 – 50600 range and if index crosses and sustains above this level then may reach near 51000 – 51100 range.
Index has immediate support near 49400 - 49300 range and if this support is broken then index may tank near 48900 - 48800 range.
Finnifty Intraday Analysis for 11th February 2025NSE:CNXFINANCE
Index closed near 23400 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
23500 Strike – 1.24 Lakh
24000 Strike – 0.63 Lakh
23600 Strike – 0.52 Lakh
Put Writing
23500 Strike – 1.03 Lakh
23000 Strike – 0.59 Lakh
23600 Strike – 0.46 Lakh
Index has resistance near 23550 - 23600 range and if index crosses and sustains above this level then may reach near 23700 - 23750 range.
Index has immediate support near 23200 – 23150 range and if this support is broken then index may tank near 23000 – 22950 range.
Midnifty Intraday Analysis for 11th February 2025NSE:NIFTY_MID_SELECT
Index closed near 11790 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
12000 Strike – 5.58 Lakh
11800 Strike – 3.87 Lakh
11900 Strike – 2.30 Lakh
Put Writing
11800 Strike – 5.95 Lakh
12000 Strike – 3.99 Lakh
11900 Strike – 2.61 Lakh
Index has immediate resistance near 11950 – 12000 range and if index crosses and sustains above this level then may reach 12150 – 12200 range.
Index has immediate support near 11650 – 11600 range and if this support is broken then index may tank near 11500– 11450 range.
Nifty levels - Feb 12, 2025Nifty 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!
BankNifty levels - Feb 12, 2025Utilizing 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!
Make or Break for XRPXRP Daily Chart
Investors' are being wary, weighing-in which key level will price target.
Key Resistance Level at $3 and Key Support Level at $2.
A breakout from $3 will easily sweep the 3.4 level and make a NATH possibly targeting the $4 zone whilst a breakdown from $2 will send price on the next zone around 1.40 to fill gaps and mitigate OB.
Massive liquidations but also massive order triggers which resulted on a price rebound. This puts a neutral sentiment on price which is why we see a sideways movement for now. A breakdown is more critical since all retailers whose orders got filled around $2 will surely be eyeing a breakeven if ever price will return to this zone leaving only a few buy orders on this area and a wide sell-off at breakeven.
Banknifty Intraday Analysis for 10th February 2025NSE:BANKNIFTY
Index closed near 50160 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
51000 Strike – 12.82 Lakh
50500 Strike – 8.57 Lakh 50000 Strike – 7.34 Lakh
Put Writing
49000 Strike – 13.98 Lakh
50000 Strike – 10.67 Lakh
49500 Strike – 6.15 Lakh
Index has resistance near 50700 – 50800 range and if index crosses and sustains above this level then may reach near 51400 – 51500 range.
Index has immediate support near 49700 - 49600 range and if this support is broken then index may tank near 48900 - 48800 range.
Nifty Intraday Analysis for 10th February 2025NSE:NIFTY
Index closed near 23560 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24000 Strike – 84.81 Lakh 23800 Strike – 69.18 Lakh
23600 Strike – 57.51 Lakh
Put Writing
23000 Strike – 41.82 Lakh
23200 Strike – 40.27 Lakh
23500 Strike – 37.78 Lakh
Index has resistance near 23750 - 23800 range and if index crosses and sustains above this level then may reach near 23950 - 24000 range.
Index has immediate support near 23450 – 23400 range and if this support is broken then index may tank near 23250 – 23200 range.
Finnifty Intraday Analysis for 10th February 2025NSE:CNXFINANCE
Index closed near 23540 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
23500 Strike – 0.67 Lakh
24000 Strike – 0.64 Lakh
23700 Strike – 0.46 Lakh
Put Writing
23000 Strike – 0.59 Lakh
23500 Strike – 0.58 Lakh
23600 Strike – 0.38 Lakh
Index has resistance near 23700 - 23750 range and if index crosses and sustains above this level then may reach near 23900 - 23950 range.
Index has immediate support near 23350 – 23300 range and if this support is broken then index may tank near 23150 – 23100 range.
Midnifty Intraday Analysis for 10th February 2025NSE:NIFTY_MID_SELECT
Index closed near 12010 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
12500 Strike – 5.49 Lakh
12000 Strike – 4.41 Lakh
12200 Strike – 2.31 Lakh
Put Writing
11500 Strike – 5.63 Lakh
11800 Strike – 3.68 Lakh
12000 Strike – 3.34 Lakh
Index has immediate resistance near 12175 – 12225 range and if index crosses and sustains above this level then may reach 12350 – 12400 range.
Index has immediate support near 11850 – 11800 range and if this support is broken then index may tank near 11700– 11650 range.