Nifty Intraday Analysis for 14th February 2025NSE:NIFTY
Index closed near 23030 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23500 Strike – 42.42 Lakh 23400 Strike – 37.91 Lakh
23200 Strike – 32.49 Lakh
Put Writing
22500 Strike – 32.37 Lakh
23000 Strike – 27.10 Lakh
22800 Strike – 23.109 Lakh
Index has resistance near 23225 - 23275 range and if index crosses and sustains above this level then may reach near 23400 - 23450 range.
Index has immediate support near 22800 – 22750 range and if this support is broken then index may tank near 22650 – 22600 range.
Big move expected on either side with upside biases as per outcome of PM Modi and President Trump meeting and trade deals tonight followed by a press conference.
Supply and Demand
Banknifty Intraday Analysis for 14th February 2025NSE:BANKNIFTY
Index closed near 49360 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
51000 Strike – 16.73 Lakh
50000 Strike – 13.46 Lakh 50500 Strike – 9.67 Lakh
Put Writing
49000 Strike – 13.60 Lakh
48000 Strike – 11.63 Lakh
49500 Strike – 8.78 Lakh
Index has resistance near 49900 – 50000 range and if index crosses and sustains above this level then may reach near 50500 – 50600 range.
Index has immediate support near 48800 - 48700 range and if this support is broken then index may tank near 48100 - 48000 range.
Big move expected on either side with upside biases as per outcome of PM Modi and President Trump meeting and trade deals tonight followed by a press conference.
Finnifty Intraday Analysis for 14th February 2025NSE:CNXFINANCE
Index closed near 23270 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
23500 Strike – 1.20 Lakh
23000 Strike – 0.57 Lakh
23400 Strike – 0.54 Lakh
Put Writing
23500 Strike – 1.13 Lakh
23000 Strike – 0.64 Lakh
23400 Strike – 0.43 Lakh
Index has resistance near 23350 - 23400 range and if index crosses and sustains above this level then may reach near 23550 - 23600 range.
Index has immediate support near 23100 – 23050 range and if this support is broken then index may tank near 22900 – 22850 range.
Big move expected on either side with upside biases as per outcome of PM Modi and President Trump meeting and trade deals tonight followed by a press conference.
Midnifty Intraday Analysis for 14th February 2025NSE:NIFTY_MID_SELECT
Index closed near 11360 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
11600 Strike – 3.73 Lakh
11500 Strike – 3.49 Lakh
11700 Strike – 2.91 Lakh
Put Writing
11500 Strike – 5.89 Lakh
11400 Strike – 4.71 Lakh
11300 Strike – 2.32 Lakh
Index has immediate resistance near 11550 – 11600 range and if index crosses and sustains above this level then may reach 11750 – 11800 range.
Index has immediate support near 11250 – 11200 range and if this support is broken then index may tank near 11050– 11000 range.
Big move expected on either side with upside biases as per outcome of PM Modi and President Trump meeting and trade deals tonight followed by a press conference.
BankNifty levels - Feb 17, 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.
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Nifty levels - Feb 17, 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!
ONGC : Is oil Going to burn?
Technical View
Box trading strategy in which you identify a stock consolidating for couple of days and trade in the direction of the breakout. In case of ONGC the stock was consolidating for about three days before breaking out earlier today.
PRO TIP
Use the High of the candle as your stop loss and trail it to either protect profits or hold your trade for longer duration.
Target 227 Intra-day Target
Fundamentals
Weak Q3FY25 Results:
ONGC's consolidated net profit attributable to owners declined by 19.4% to ₹8,621.69 crore in Q3 FY25, compared to ₹10,703.13 crore in the same period last year. This drop was attributed to lower global crude prices.
The company reported a 6.9% decrease in net profit for the quarter, standing at ₹9,784 crore, down from ₹10,511 crore in the same period last year.
ONGC's gross revenue also showed a slight decline of 0.7%, falling to ₹1.66 trillion in Q3 FY25, compared to ₹1.67 trillion in Q3 FY241. The company's revenue from operations also saw a decline, reaching ₹166,096.68 crore.
Bearish Trend: The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which indicates a bearish trend in its short to long-term performance.
Brokerage Views:
CLSA has cut its FY25 EPS estimate by 5% due to cautious outlooks on the company's production and profitability
Not an investment advice
Muthoot Finance | VCP Pattern in Play Muthoot Finance | VCP Pattern in Play 🔍
Technical Overview
📈 Trend: Uptrend, trading within an ascending channel.
🔄 Pattern: Volatility Contraction Pattern (VCP) in progress, signaling potential explosive movement.
📉 Correction: The stock corrected ~15% during the recent market sell-off but rebounded strongly, re-entering the channel. It’s now only ~9% off its recent ATH, showcasing resilience.
Key Levels to Watch
✅ Entry Point: Breakout above ₹2279 with strong volume and a wide-range candle.
🎯 Targets:
T1: ₹2492 (R:R = 1:1)
T2: ₹3200+ (post-market stabilization, aiming for R:R = 1:2)
🛡️ Stop Loss: ₹2067.9 (below the most recent swing low to manage risk).
Strategy
1️⃣ Enter 30% position on a clean breakout above ₹2279. Wait for a retest and continuation to add the rest.
2️⃣ If the breakout is sharp and you miss the entry, wait for a retest and continuation before entering, do not enter in FOMO.
3️⃣ Once T1 is hit, book partial profits to lock in gains, given the weak market conditions.
4️⃣ Hold the remaining position as per your risk appetite and trail your SL to protect profits.
Why This Stock?
⭐ Resilience: Despite the correction, Muthoot Finance re-entered the channel, showing strength against market headwinds.
📊 Strong Indicators: RSI is rising, signaling bullish momentum, and the VCP pattern suggests tightening volatility before a potential breakout.
📉 Controlled Drawdown: From its ATH, the stock fell just ~9%, demonstrating relative strength compared to the broader market.
⭐Trading above Key DMAs
Key Risks to Consider
⚠️ Weak Market Conditions: Broader market trends remain bearish, trading below the 200 DMA, increasing the chance of a failed breakout.
⚠️ Volume Dependency: Strong breakout volume is essential to validate the pattern.
⚠️ Market Correlation: Any further market correction could pressure this trade setup and the probability of hitting the SL increases. So trade light.
Who Should Trade This?
1️⃣Aggressive Traders: Can follow the breakout strategy with proper position sizing.
2️⃣Conservative Traders: Wait for market stabilization and a close of NIFTY 50, Nifty 500 above the 200 DMA before entering any trade.
Actionable Insights
🔒 Lock Partial Profits at T1: Secure gains to mitigate risk in this volatile environment.
📈 Trail Your Stop Loss: Once T1 is achieved, manage the trade dynamically to maximize returns.
Disclaimer
This analysis is for educational purposes only and not financial advice. Please conduct your own research and analysis before making any investment decisions. Trading involves significant risk.
Trade wisely and stay disciplined! 🚀📊
Nifty Intraday Analysis for 13th February 2025NSE:NIFTY
Index closed near 23045 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23500 Strike – 123.96 Lakh 23300 Strike – 84.65 Lakh
23400 Strike – 75.55 Lakh
Put Writing
22500 Strike – 115.67 Lakh
22700 Strike – 91.16 Lakh
22800 Strike – 69.99 Lakh
Index has resistance near 23225 - 23275 range and if index crosses and sustains above this level then may reach near 23400 - 23450 range.
Index has immediate support near 22800 – 22750 range and if this support is broken then index may tank near 22650 – 22600 range.
Banknifty Intraday Analysis for 13th February 2025NSE:BANKNIFTY
Index closed near 49480 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
50000 Strike – 12.12 Lakh
50500 Strike – 9.71 Lakh 49000 Strike – 7.71 Lakh
Put Writing
49000 Strike – 14.26 Lakh
48000 Strike – 12.02 Lakh
49500 Strike – 8.42 Lakh
Index has resistance near 49900 – 50000 range and if index crosses and sustains above this level then may reach near 50500 – 50600 range.
Index has immediate support near 48800 - 48700 range and if this support is broken then index may tank near 48300 - 48200 range.
Finnifty Intraday Analysis for 13th February 2025NSE:CNXFINANCE
Index closed near 23195 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
23500 Strike – 1.29 Lakh
23000 Strike – 0.73 Lakh
23200 Strike – 0.54 Lakh
Put Writing
23500 Strike – 0.98 Lakh
23000 Strike – 0.90 Lakh
23200 Strike – 0.40 Lakh
Index has resistance near 23350 - 23400 range and if index crosses and sustains above this level then may reach near 23550 - 23600 range.
Index has immediate support near 23050 – 23000 range and if this support is broken then index may tank near 22850 – 22800 range.
Nifty levels - Feb 14, 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!
Midnifty Intraday Analysis for 13th February 2025NSE:NIFTY_MID_SELECT
Index closed near 11395 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
11500 Strike – 2.95 Lakh
11700 Strike – 2.79 Lakh
11600 Strike – 2.47 Lakh
Put Writing
11500 Strike –6.22 Lakh
11400 Strike – 4.68 Lakh
11300 Strike – 2.73 Lakh
Index has immediate resistance near 11550 – 11600 range and if index crosses and sustains above this level then may reach 11750 – 11800 range.
Index has immediate support near 11300 – 11250 range and if this support is broken then index may tank near 11150– 11100 range.
BankNifty levels - Feb 14, 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!
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.
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.
* 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!