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Supply and Demand

Midnifty Intraday Analysis for 2nd January 2025NSE:NIFTY_MID_SELECT Index closed near 12935 level and Maximum Call and Put Writing near CMP as below in January Month contract: Call Writing 13000 Strike – 7.10 Lakh 12800 Strike – 3.10 Lakh 12900 Strike – 2.38 Lakh Put Writing 13000 Strike – 6.60 Lakh 12800 Strike – 4.25 Lakh 12900 Strike – 3.11 Lakh Index has immediate resistance near 13050 – 13100 range and if index crosses and sustains above this level then may reach 13200 – 13250 range. Index has immediate support near 12825 – 12775 range and if this support is broken then index may tank near 12675 – 12625 range.
NSE:NIFTY_MID_SELECTLong
by RKMAURYA
BankNifty levels - Jan 03, 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!
NSE:BANKNIFTY
by sacxe
Nifty levels - Jan 03, 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!
NSE:NIFTY
by sacxe
BTC (Bitcoin) Up trend - 2.1.2025Trading Scenario: Long (Buy) Entry Point: Zone: Near the Demand Zone between $94,500 and $95,000. Confirmation: Wait for a bullish candlestick pattern (e.g., bullish engulfing, pin bar, or strong upward momentum) on the H1 timeframe to confirm a bounce from the Demand Zone. Stop Loss (SL): Set below the Demand Zone at $92,300 to avoid fake breakouts. Take Profit (TP): Target 1 (TP1): FVG H4 zone between $97,700 and $98,500 (partial profit). Target 2 (TP2): Supply Zone between $99,500 and $100,400 (close the rest of the position). Risk-Reward Ratio (R:R): With an entry at $95,000, SL at $92,300, and TP1 at $98,000: R:R = (98,000 - 95,000) / (95,000 - 92,300) ≈ 1.85. With TP2 at $100,000: R:R = (100,000 - 95,000) / (95,000 - 92,300) ≈ 2.84. Trading Scenario: Short (Sell) Entry Point: Zone: Near the FVG H4 or Supply Zone between $98,500 and $100,000. Confirmation: Wait for a bearish candlestick pattern (e.g., bearish engulfing, pin bar, or overbought signal on RSI). Stop Loss (SL): Set above the Supply Zone at $100,600. Take Profit (TP): Target 1 (TP1): Around $97,000 (mid-FVG H4). Target 2 (TP2): Demand Zone at $95,000. Risk-Reward Ratio (R:R): With an entry at $99,000, SL at $100,600, and TP1 at $97,000: R:R = (99,000 - 97,000) / (100,600 - 99,000) ≈ 1.25. With TP2 at $95,000: R:R = (99,000 - 95,000) / (100,600 - 99,000) ≈ 2.5. Notes: Monitor lower timeframes (M15 or M30) for precise entries. Consider additional confirmation from indicators like RSI or MACD. Manage risk carefully, limiting each trade to 1-2% of the account balance.
Long
by Homnaytradegi
PLTR: The Best Stock of 2024 Could Face ChallengesPLTR demonstrated exceptional strength in 2024, becoming the best-performing stock in the S&P 500 with an impressive 346% gain since the beginning of the year. However, as we move into December, I notice signs that could indicate a potential correction. The reasoning behind my outlook lies not in the bearish divergence pattern, which is secondary, but in the interaction between price and volume. Let’s examine the price and volume action on December 20. The volumes were extraordinarily high—imagine this as the level of effort—but what was the outcome of that effort? The price reached a new high, which sounds great, but it didn’t hold there. Moreover, the breakout was minimal, more like a bull trap inviting buyers to go long on the breakout of the December 9 high. The price quickly returned close to the opening level of the December 20 candle—the starting point of the pump. If these were genuine efforts from strong buyers, the result would have been significantly different. Strong markets don’t behave this way. That’s why I anticipate that PLTR may enter a correction, potentially forming a descending red channel. The lower blue line represents the likely target and strong support.
NASDAQ:PLTRShort
by fintechzoom
BankNifty Intraday Support & Resistance Levels for 02.01.2025On Wednesday, BankNifty opened flat to negative, dipping to a low of 50,485.05 before finding strong bullish support and rallying to a high of 51,321.95. It closed at 51,060.60, gaining 200 points over the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) continues to be negative. Demand/Support Zones Near Demand/Support Zone (15m): 50,800.50 - 50,890 Near Demand/Support Zone (15m): 50,485.05 - 50,629.65 Near Demand/Support Zone (Daily): 49,787.10 - 50,983.50 (tested) Far Support Level: 49,282.64 (61.8% FIBO retracement) Supply/Resistance Zones Near Supply/Resistance Zone (15m): 51,767.65 - 51,937.05 Near Supply/Resistance Zone (125m): 52,010.65 - 52,368.30 Far Supply/Resistance Zone (125m): 52,709.40 - 52,911.10 Far Supply/Resistance Zone (Weekly): 53,741.40 - 54,467.35 (tested)
NSE:BANKNIFTY
by PriteshPalan
Nifty Intraday Support & Resistance Levels for 02.01.2025On Wednesday, Nifty opened flat to negative, dipping to a low of 23,562.80 before rallying to the day’s high of 23,822.80. It ended the session flat at 23,742.90, gaining 98 points over the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) continues to be negative. Demand/Support Zones Near Demand/Support Zone (15m): 23616.50 - 23656.60 Near Support Level: 23,263 (low of 21st November 2024) Far Support Level: 23,189.88 (61.8% FIBO retracement) Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 Supply/Resistance Zones Near Supply/Resistance Zone (15m): 23,862.05 - 23,915.35 Near Supply/Resistance Zone (Daily): 24,149.85 - 24,394.45 Near Supply/Resistance Zone (Weekly): 24,567.65 - 25,234.05 (tested)
NSE:NIFTY
by PriteshPalan
Nifty Intraday Analysis for 1st January 2025NSE:NIFTY Index closed near 23645 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24000 Strike – 97.61 Lakh 23900 Strike – 76.72 Lakh 23800 Strike – 70.72 Lakh Put Writing 23000 Strike – 80.07 Lakh 23500 Strike – 68.50 Lakh 23200 Strike – 50.57 Lakh Index has resistance near 23800 - 23850 range and if index crosses and sustains above this level then may reach near 23950 - 24000 range. Index has immediate support near 23500 – 23450 range and if this support is broken then index may tank near 23300 – 23250 range.
NSE:NIFTYLong
by RKMAURYA
Banknifty Intraday Analysis for 1st January 2025NSE:BANKNIFTY Index closed near 50860 level and Maximum Call and Put Writing near CMP as below in January Month contract: Call Writing 52000 Strike – 13.91 Lakh 51500 Strike – 8.36 Lakh 51000 Strike – 8.00 Lakh Put Writing 51000 Strike – 11.23 Lakh 51500 Strike – 8.71 Lakh 50000 Strike – 8.07 Lakh Index has resistance near 51300 – 51500 range and if index crosses and sustains above this level then may reach near 52000 – 52200 range. Index has immediate support near 50600 - 50500 range and if this support is broken then index may tank near 50000 - 49900 range.
NSE:BANKNIFTYLong
by RKMAURYA
Finnifty Intraday Analysis for 1st January 2025NSE:CNXFINANCE Index closed near 23515 level and Maximum Call and Put Writing near CMP as below in January Month contract: Call Writing 23500 Strike – 0.51 Lakh 24000 Strike – 0.47 Lakh 24500 Strike – 0.38 Lakh Put Writing 24000 Strike – 0.87 Lakh 23500 Strike – 0.75 Lakh 23700 Strike – 0.18 Lakh Index has resistance near 23650 - 23700 range and if index crosses and sustains above this level then may reach near 23850 - 23900 range. Index has immediate support near 23400 – 23350 range and if this support is broken then index may tank near 23200 – 23150 range.
NSE:CNXFINANCELong
by RKMAURYA
Midnifty Intraday Analysis for 1st January 2025NSE:NIFTY_MID_SELECT Index closed near 12905 level and Maximum Call and Put Writing near CMP as below in January Month contract: Call Writing 13000 Strike – 6.07 Lakh 12800 Strike – 2.81 Lakh 12900 Strike – 1.95 Lakh Put Writing 13000 Strike – 5.76 Lakh 12800 Strike – 3.75 Lakh 12900 Strike – 1.86 Lakh Index has immediate resistance near 13050 – 13100 range and if index crosses and sustains above this level then may reach 13200 – 13250 range. Index has immediate support near 12800 – 12750 range and if this support is broken then index may tank near 12650 – 12600 range.
NSE:NIFTY_MID_SELECTLong
by RKMAURYA
DMart: Oversold and in Accumulation Zone Topic Statement: DMart stock has been beaten down, becoming very oversold, with heavy support at 3500 offering a prime accumulation opportunity. Key Points: 1. The stock price is trading below the 180-day moving average, making it extremely oversold. 2. The 3500 level acts as a strong support within the accumulation zone. 3. The stock can be accumulated now and sold near 4800, which is the distribution zone and a key resistance around 5000.
NSE:DMARTLong
by yogeshwar
Nifty levels - Jan 02, 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!
NSE:NIFTY
by sacxe
BankNifty levels - Jan 02, 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!
NSE:BANKNIFTY
by sacxe