[BULLISH] NIFTY intraday key levels for 25-10-2024Considering the structure formed only daily TF, it has grabbed liquidity and closed inside the yesterday's range. Will be looking for a market structure shift closing above today's high can be considered as bullish momentum. After MSS, will look out for any imbalance/fair value gap/breaker block/order block for an entry with recent swing low or previous candle low as SL.
Wont be interested if price moves towards downside and closes below today's low.
Support and Resistance
Natural Gas Price Analysis
Analyzing a natural gas price chart using support and resistance levels
The goal is to identify key levels where the price is likely to reverse or consolidate based on historical price action. Here's a breakdown of how to approach the analysis
Key Support Levels:
Support Levels 1 - 188
Support Levels 2 - 179
Key Resistance Levels:
Resistance Level 1 - 218
Resistance Level 2 - 238
jio Fin Services Chart Analysis and Buying Opportunity
jio Fin Services Chart Analysis and Buying Opportunity
jio Fin Services is currently trading near a strong support level at ₹305.
If the stock sustains above this zone, it could present a great buying opportunity!
Support Zone 1 - 305 - SL- 300
Support Zone 2 - 285 - SL - 280
Stop Loss Set at ₹300 if the stock closes below this level.
For long-term investors, this stock is a must-have in your portfolio!
It shows solid fundamentals and potential for growth.
BITCOIN IS NOW READY TO MAKE A NEW HIGHER HIGH AFTER BREAKOUTBTCUSD SHOWING A GOOD
UP MOVE WITH 1:6 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
Nifty Intraday Analysis for 24th October 2024NSE:NIFTY
Index closed near 24435 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 131.29 Lakh
24800 Strike – 78.64 Lakh
24600 Strike – 73.46 Lakh
Put Writing
24000 Strike – 70.06 Lakh
24200 Strike – 57.71 Lakh
24400 Strike – 57.10 Lakh
Index has resistance near 24650 – 23750 range and if index crosses and sustains above this level then may reach near 24900 - 25000 range.
Index has immediate support near 24400 – 24300 range and if this support is broken then index may tank near 24150 – 24050 range.
Banknifty Intraday Analysis for 24th October 2024NSE:BANKNIFTY
Index closed near 51240 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
52000 Strike – 15.64 Lakh
52500 Strike – 12.92 Lakh
51500 Strike – 11.35 Lakh
Put Writing
51500 Strike – 13.65 Lakh
51000 Strike – 13.65 Lakh
50000 Strike – 9.90 Lakh
Index has resistance near 52000 – 52200 range and if index crosses and sustains above this level then may reach near 52600 – 52700 range.
Index has immediate support near 51000 - 50900 range and if this support is broken then index may tank near 50500 - 50400 range.
Finnifty Intraday Analysis for 24th October 2024NSE:CNXFINANCE
Index closed near 23750 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24000 Strike – 3.22 Lakh
24200 Strike – 2.41 Lakh
24100 Strike – 2.17 Lakh
Put Writing
23700 Strike – 2.02 Lakh
23800 Strike – 1.82 Lakh
23500 Strike – 1.62 Lakh
Index has resistance near 23950 - 24050 range and if index crosses and sustains above this level then may reach near 24250 - 24300 range.
Index has immediate support near 23600 – 23500 range and if this support is broken then index may tank near 24200 – 24100 range.
Midnifty Intraday Analysis for 24th October 2024NSE:NIFTY_MID_SELECT
Index closed near 12535 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
12700 Strike – 10.10 Lakh
12800 Strike – 9.31 Lakh
12600 Strike – 7.76 Lakh
Put Writing
12500 Strike – 10.04 Lakh
12400 Strike – 7.88 Lakh
12300 Strike – 7.17 Lakh
Index has immediate resistance near 12650 - 12750 range and if index crosses and sustains above this level then may reach 12900 – 13000 range.
Index has immediate support near 12300 – 12200 range and if this support is broken then index may tank near 12000 – 11900 range.
Intraday Levels for 25/10/2024BANKNIFTY Intraday Levels for 25/10/2024
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.
BankNifty levels - Oct 25, 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 below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
Nifty levels - Oct 25, 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 below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
Private Banks looks goodA triangle breakout might be possible
The Bank from East India is the owner of the then famous Gruh Finance that was a multibagger
But, this has been behaving like a beggar till now
Lets see if this breakout gives investors a chance to make bucks.
NSE:IDFCFIRSTB is another good bank in Private space.
Pre Market analysis NIFTY 50 - 24 oct24Market Analysis NIFTY 50- 24 oct 24 - NIFTY opening 24412 , immediate Support - 24400 to 24380 - PDL + PSY can be nearest support else 24346 - S1 for Breakdown level
RESISTANCE- 24472 should overcome this for bullish and 24500 strong Resistance to watch out for Level
#NIFTY #niftyanalysis #nifty50 #niftyprediction #banknifty #stockmarket #marketanalysis #nifty scalping #niftyview #niftyscalping #scalping #stockmarketview
BankNifty Intraday Support & Resistance Levels for 24.10.2024On Wednesday, BankNifty opened with a 139-point gap down, making a low of 51,107.90. It bounced back, reaching a high of 51,551.55 (almost hitting the 15m Supply Zone) but couldn't sustain and closed at 51,239, losing 18 points from the previous close. BankNifty has closed inside the 125m Demand Zone for the second consecutive day. If the 51,000 level holds, we may see a bounce. However, if BankNifty breaks below 51,000 with volume and sustains, further downside till 49,959 or lower is possible. The Weekly Trend (50 SMA) remains positive, while the Daily Trend (50 SMA) is sideways.
BankNifty Demand/Support Zones for 24.10.2024:
Near Demand/Support Zone (125m): 51,000.90 - 51,355.80 (current price inside the zone)
Near Demand/Support Zone (Daily): 49,654.65 - 49,959.25
Far Support: 49,282.65 (61.8% FIBO Level)
Far Demand/Support Zone (Daily): 44,633.85 - 45,750.40
BankNifty Supply/Resistance Zones for 24.10.2024:
Near Supply/Resistance Zone (15m): 51,559.35 - 51,678.85
Far Supply/Resistance Zone (5m): 52,143.55 - 52,257.30
Near Supply/Resistance Zone (Daily): 51,855.15 - 52,577.50
Far Supply/Resistance Zone (Daily): 52,817.80 - 53,235.25
Far Supply/Resistance Zone (75m): 53,763.20 - 53,945.10
Far Supply/Resistance Zone (75m): 54,152.50 - 54,338.70
Nifty Intraday Support & Resistance Levels for 24.10.2024On Wednesday, Nifty opened with a 93-point gap down, making a low of 24,378.10, which touched the weekly Demand Zone. It briefly bounced back to a high of 24,604.25 but couldn’t sustain the momentum, closing at 24,435.50, down 36 points from the previous close. The Weekly Trend (50 SMA) is sideways, and the Daily Trend (50 SMA) remains negative.
Nifty Demand/Support Zones for 24.10.2024:
Near Demand/Support Zone (Daily): 24,099.70 - 24,196.50
Near Demand/Support Zone (Weekly): 23,893.70 - 24,419.75
Far Demand/Support Zone (Daily): 23,350.00 - 23,667.10
Nifty Supply/Resistance Zones for 24.10.2024:
Near Supply/Resistance Zone (75m): 24,636.75 - 24,741.45
Near Supply/Resistance Zone (15m): 24,798.95 - 24,882.00
Far Supply/Resistance Zone (15m): 25,195.85 - 25,234.05
Far Supply/Resistance Zone (15m): 25,420.00 - 25,485.05
Far Supply/Resistance Zone (15m): 25,500.95 - 25,545.00
Nifty Intraday Analysis for 23rd October 2024NSE:NIFTY
Index closed near 24470 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 94.74 Lakh
24800 Strike – 62.23 Lakh
24700 Strike – 49.43 Lakh
Put Writing
24000 Strike – 57.51 Lakh
24500 Strike – 36.60 Lakh
24400 Strike – 33.40 Lakh
Index has resistance near 24700 – 23800 range and if index crosses and sustains above this level then may reach near 24950 - 25000 range.
Index has immediate support near 24450 – 24350 range and if this support is broken then index may tank near 24200 – 24100 range.
Banknifty Intraday Analysis for 23rd October 2024NSE:BANKNIFTY
Index closed near 51260 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
52500 Strike – 42.56 Lakh
52000 Strike – 40.73 Lakh
518000 Strike – 22.81 Lakh
Put Writing
51000 Strike – 22.27 Lakh
50000 Strike – 20.34 Lakh
50500 Strike – 16.36 Lakh
Index has resistance near 52000 – 52200 range and if index crosses and sustains above this level then may reach near 52600 – 52700 range.
Index has immediate support near 51000 - 50900 range and if this support is broken then index may tank near 50500 - 50400 range.
Finnifty Intraday Analysis for 23rd October 2024NSE:CNXFINANCE
Index closed near 23700 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24000 Strike – 2.16 Lakh
24200 Strike – 1.00 Lakh
24100 Strike – 0.76 Lakh
Put Writing
24000 Strike – 1.08 Lakh
23700 Strike – 1.07 Lakh
23800 Strike – 0.93 Lakh
Index has resistance near 23950 - 24050 range and if index crosses and sustains above this level then may reach near 24250 - 24300 range.
Index has immediate support near 23500 – 23400 range and if this support is broken then index may tank near 24200 – 24100 range.
Midnifty Intraday Analysis for 23rd October 2024NSE:NIFTY_MID_SELECT
Index closed near 12440 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
12700 Strike – 11.98 Lakh
12600 Strike – 5.90 Lakh
12500 Strike – 5.59 Lakh
Put Writing
12400 Strike – 7.09 Lakh
12500 Strike – 6.98 Lakh
12300 Strike – 4.24 Lakh
Index has immediate resistance near 12650 - 12750 range and if index crosses and sustains above this level then may reach 12900 – 13000 range.
Index has immediate support near 12300 – 12200 range and if this support is broken then index may tank near 12000 – 11900 range.
Intraday Levels for 24/10/2024BANKNIFTY Intraday Levels for 24/10/2024
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 levels - Oct 24, 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 below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!