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Support and Resistance

Nifty - Expiry day analysis July 24Near by support is at 25100 zone and near by resistance is at 25250 zone. Today price moved within this range in a choppy way. If price sustains 25250, then it have to break the resistance at 25340 zone. Buy above 25200 with the stop loss of 25150 for the targets 25240, 25280, 25320, 25380 and 25420. Sell below 25080 with the stop loss of 25130 for the targets 25040, 25000, 24960, 24920 and 24860. Always do your own analysis before taking any trade.
NSE:NIFTY
by vanathi
3
OLAELEC - Bottom fishingOLAELEC: A High-Risk Bottom-Fishing Opportunity from Support Investment Thesis: OLAELEC appears to be presenting a high-risk, high-reward "bottom-fishing" trade opportunity. The stock has shown a notable reaction and bounce from critical support levels, indicating potential technical strength at these valuations. Key Action & Risk Management: * Maintain a strict Stop Loss (SL) at ₹39. This is paramount to limit downside exposure given the inherent volatility and speculative nature of such trades. Adherence to this SL is non-negotiable. Outlook & Caveat: While this setup suggests the potential for significant upside from current depressed levels, similar to sharp recoveries observed in deeply discounted stocks in the past (e.g., some phases of PAYTM's journey from its lows), it is critical to understand the context. Such moves are inherently speculative and do not guarantee similar magnitudes or trajectories. Important Considerations: * This is a contrarian play relying heavily on technical bounce from a potential capitulation point. * Fundamental risks remain high given the company's financial profile. This trade is based on a technical rebound, not a fundamental shift in value. * The "bottom-fishing" strategy demands exceptional risk management and a clear exit plan. In summary, OLAELEC offers a speculative trading opportunity for those with a high-risk tolerance, provided the strict stop loss is honored, and expectations are managed regarding the highly unpredictable nature of such high-beta plays.
NSE:OLAELECLong
by StockVesters
3
Demand & Supply Price Action Play – CMSINFO Price Structure & Market Context CMSINFO’s recent price action has followed a textbook path, respecting clean structural levels driven by institutional order flow. It's one of those charts where the zones aren’t just technical—they're telling a story. And right now, that story is setting up a potentially meaningful long opportunity. 💡 Daily Timeframe – Big Picture Bias The daily chart remains resolutely bullish . We're still seeing that healthy rhythm of higher highs and higher lows , signaling that the uptrend is very much intact. 📍 Daily Supply Zone: ₹540 – ₹546 That said, price did face some resistance recently—right where we’d expect it to. A fresh supply zone Rally Base Drop around ₹540–₹546 served up a rejection and sparked the current pullback. Nothing unusual there. In fact, in strong trends, these kinds of pullbacks often offer the best risk-adjusted entries —as long as we’re positioned at the right zones. ⏱️ 125-Minute Timeframe – Precision Entry Layer Zooming into the 125-minute chart gives us a much clearer map for potential execution. 🟢 Demand Zone: Rally Base Rally ₹500 – ₹498 Here’s where things get interesting. This demand zone hasn’t been touched since it formed—making it a fresh zone , and by definition, high-probability for a first bounce. Price has just tapped into it, which could attract short-term buyers looking to ride the next leg up. 🔴 Supply Zone: Rally Base Drop ₹532 – ₹537 This zone sits just overhead and marks the first potential resistance . If price moves up from the current demand area, this is where traders may begin trimming positions or tightening stops. 🎯 Trade Blueprint 🎯 Entry: Between ₹500 – ₹498 (inside 125-minute demand zone) Stop Loss: Below ₹498 (conservative buffer: ₹495) Target 1: ₹532 – ₹537 (nearest 125min supply) 🧩 Why This Setup Deserves Attention 🧩 Daily Trend Structure Remains Bullish – higher timeframe bias supports a continuation upward. Fresh LTF Demand Zone – first touch makes this zone statistically favorable. Defined Risk-Reward Parameters – tight stop with layered targets for flexible management. Pure Price Action Logic – just clean, institutional footprints. 🚀 “Opportunities don’t come from chasing— they come from waiting in the right places.” 💡 Stay patient, respect your zones, and let the market come to you. This analysis is purely for educational purposes and does not constitute a trading or investment recommendation. I am not a SEBI registered analyst. Lastly, thank you for your support, your likes & comments. Feel free to ask if you have questions.
NSE:CMSINFOLong
by AfnanTAjuddin
KIRLOSBROS – A Demand-Supply Sweet Spot? My Take!🔍 What Got My Attention We’re seeing price approach a well-formed Rally-Base-Rally demand zone, and to me, it’s got the fingerprint of institutional activity written all over it. These zones don’t just appear randomly—this kind of structure often suggests that big players may have unfinished business here, footprint of pending orders. 📐 The Demand-Supply View Price is entering a daily demand zone —a clean RBR structure . Just yesterday, we saw a bullish reaction candle form right off that zone. For a demand-supply trader, that’s confirmation—plain and simple. Stop-loss placement? : just below the demand zone. And the logical target? The next known supply zone on the chart. What’s more, the weekly chart already confirmed strength. Price bounced from weekly demand zone and powered through a traditional daily resistance—clear signs of momentum shift. Encouragingly, there's no higher-timeframe supply standing in the way. That clears the runway. From a demand-supply lens, this is the kind of setup we wait for—strong zone, confirmation signal, no conflicting zones above. It’s not about chasing; it’s about reacting when price comes to us. 📈 What Traditional Technical Are Saying 📈 Now, if we set aside the supply-demand lens for a moment and look at it through a more traditional view, things still line up nicely. stock was clearly in a downtrend earlier—but that changed when it hit the weekly demand zone or say support area and reversed with strength. What followed was a period of consolidation. That’s normal—markets pause before deciding on direction. Then, on June 25th, the trend shifted. Price broke out above both horizontal resistance and a sloping downtrend line— and it did so with volume. This wasn’t a fake breakout either. Price held above the resistance. The current pullback? Honestly, it's healthy. After a move up, a dip into support (especially when it lines up with demand) often builds the base for the next leg higher. And guess what—price is taking support from 20 EMA, which just adds to the confluence. So even if you’re not a die-hard supply-demand trader, the technicals are telling a similar story: breakout, volume, support holding, pullback into structure—it all points toward potential continuation. 🧠 Why This Setup Stands Out 🧠 What I find compelling here is the alignment across both schools of thought which is not necessary but whether you're supply demand trader or tracking breakouts, both giving positive signal. It's the kind of scenario where you don’t need to overcomplicate things. You’ve got: Structure that makes sense. Clear reaction at a proven level. No HTF supply zone to kill the momentum. Now, does that mean it's guaranteed to rip higher? Of course not. But when technical logics all align—this is where probability starts leaning in your favor. 🚀 Fuel for Your Trading Mindset 🚀 "You don’t need to catch every move. You just need to position yourself where risk is small and the story makes sense. 🎯" 📌 Disclaimer 📌 This analysis is shared strictly for educational purposes . It is not a recommendation to buy or sell any security. I am not a SEBI registered analyst . Lastly, thank you for your support, your likes & comments. Feel free to ask if you have questions.
NSE:KIRLOSBROSLong
by AfnanTAjuddin
7
EURJPY SHOWING A GOOD DOWN MOVE WITH 1:8 RISK REWARDEURJPY SHOWING A GOOD DOWN MOVE WITH 1:8 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
Short
by tradergyan01
1
A possible Head and Shoulder formation in BankniftyChance of a head and shoulder formation on the hourly chart of the Index. If the market clears the resistance line around 57300, it can form another high or test the recent high made. On the lower side, there is are support and it may respect the support levels. Major support levels :- 56800, 56640 Resistance levels :- 57285, 57600 Wait for the market to move above the neck line for any bullish trade to enter in the index. Else bearish trade can be initiated below 56650 levels. Watch for the price action near the price levels before entering the trade.
NSE:BANKNIFTY
by TheMamboMomentum
Chart always tells the truth - Nifty and Banknifty The chart always tells the truth. We studied that NSE:NIFTY would bounce, and it did — what a bounce! But keep in mind, fear is still present in the market. Traders can sell even on the smallest negative trigger. Today’s move was largely because of short covering. Today’s Nifty candle is bullish, but buyers’ volume is only 40 million higher than sellers, while on Friday sellers had 43 million more than buyers. This clearly shows that sellers are still active. So, a bullish candle + low volume + short covering = likely sideways action tomorrow. Nifty levels: - Support: 25050 - Resistance: 25175 — above this, we could see short covering up to 25350 The market remains bullish, and this is the right time to build a list of stocks where character or structure change has happened. If you can spot such small-cap stocks, you can easily aim for 40-50% upside in next 3-4 months. Talking about NSE:BANKNIFTY — even after such a big green candle, sellers outnumbered buyers by 7 million in volume. So be cautious while trading here. BankNifty levels: - Support: 56770 - Resistance: 57200 Sector-wise, the craze is still around IPOs. Focus on recently listed NSE:NIFTY_IPO stocks (1-2 years old) where character changed in the last rally. Here’s how my recent picks performed today: NSE:MASTEK - +7% NSE:PARADEEP - +7.63% NSE:JYOTICNC - +5% NSE:BDL - +2.80% NSE:LTF - +3.66% NSE:UPL - +3.92% NSE:CARRARO - +5.6% NSE:KPEL - +4.7% NSE:MMTC - +3.79% That’s all for today. Take care. Have a profitable tomorrow.
NSE:NIFTY
by Trendxinc
Aarti Drugs Ltd (Daily Timeframe) - Potential BreakOutThe resistance zone (560-570) was breached only once , and thereafter, the stock was in a downtrend for a prolonged duration. Recent past, the stock has been forming Higher Lows & a buildup in volume in the past few days. The stock gained almost 19.5% over the last few days, assisted by huge volume. On Jul 15, the stock BrokeOut of a major resistance with huge volume, and today it tried to breach the long-term resistance. The Short-term EMAs are in PCO state as well as a Golden Cross-over has formed few days back, which indicates further uptrend. We should monitor the stock in the coming days for its price action to take a call.
NSE:AARTIDRUGSLong
by Learn_with_Pth0mas