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Support and Resistance

FETUSDT: Will This Key Zone Make or Break the Bullish Move?Yello, Paradisers! 🚨 Are you ready for a potential game-changing move in FETUSDT? We're currently sitting in a crucial zone that could decide the next big trend. 💎FETUSDT is riding within a descending channel, and right now, the price is hovering around a key level. If we see a breakout above the resistance zone and a strong candle close, the odds of a bullish rally will significantly increase. 💎But what if the price pulls back? In that scenario, we could see a potential double-bottom pattern emerge from the support zone. However, for a confirmed bullish structure, we'll need to see an I-CHoCH (Internal Change of Character) indicating a shift toward a bullish market. 💎On the flip side, if FETUSDT breaks down and we get a candle close below the support zone, it would invalidate our bullish outlook. Stay sharp, and be ready to adapt! 🎖That’s why, Paradisers, discipline and patience are key. Make sure you’re not caught off guard, and always wait for the highest probability setups. This is how you stay in the game long-term and join the winner's circle! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
Nifty Intraday Analysis for 9th December 2024NSE:NIFTY Index closed near 24680 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 25000 Strike – 73.49 Lakh 24700 Strike – 56.70 Lakh 24800 Strike – 40.09 Lakh Put Writing 24500 Strike – 50.72 Lakh 24700 Strike – 45.38 Lakh 24200 Strike – 47.28 Lakh Index has resistance near 24800 – 24850 range and if index crosses and sustains above this level then may reach near 24950 - 25000 range. Index has immediate support near 24500 – 24450 range and if this support is broken then index may tank near 24300 – 24250 range.
NSE:NIFTYLong
by RKMAURYA
Banknifty Intraday Analysis for 9th December 2024NSE:BANKNIFTY Index closed near 53510 level and Maximum Call and Put Writing near CMP as below in December Month contract: Call Writing 54000 Strike – 17.03 Lakh 53000 Strike – 12.96 Lakh 53500 Strike – 9.93 Lakh Put Writing 52500 Strike – 15.06 Lakh 53000 Strike – 12.95 Lakh 53500 Strike – 10.00 Lakh Index has resistance near 54000 – 54200 range and if index crosses and sustains above this level then may reach near 54500 – 54600 range. Index has immediate support near 53200 - 53000 range and if this support is broken then index may tank near 52850 - 52260 range.
NSE:BANKNIFTYLong
by RKMAURYA
Finnifty Intraday Analysis for 9th December 2024NSE:CNXFINANCE Index closed near 24705 level and Maximum Call and Put Writing near CMP as below in December Month contract: Call Writing 25000 Strike – 1.19 Lakh 24800 Strike – 0.61 Lakh 24500 Strike – 0.51 Lakh Put Writing 24000 Strike – 1.19 Lakh 24500 Strike – 0.81 Lakh 24200 Strike – 0.68 Lakh Index has resistance near 24850 - 24900 range and if index crosses and sustains above this level then may reach near 25000 - 25100 range. Index has immediate support near 24600 – 24550 range and if this support is broken then index may tank near 24375 – 24325 range.
NSE:CNXFINANCELong
by RKMAURYA
Midnifty Intraday Analysis for 9th December 2024NSE:NIFTY_MID_SELECT Index closed near 12960 level and Maximum Call and Put Writing near CMP as below in December Month contract: Call Writing 13000 Strike – 5.10 Lakh 13300 Strike – 2.59 Lakh 13200 Strike – 1.70 Lakh Put Writing 13000 Strike – 3.98 Lakh 12700 Strike – 1.93 Lakh 12900 Strike – 1.84 Lakh Index has immediate resistance near 13000 – 13050 range and if index crosses and sustains above this level then may reach 13150 – 13200 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
BankNifty levels - Dec 10, 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!
NSE:BANKNIFTY
by sacxe
Nifty levels - Dec 10, 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!
NSE:NIFTY
by sacxe
Strong Investment Opportunity in the Gold Mannapuram Finance: A Strong Investment Opportunity in the Gold Loan Sector Mannapuram Finance primarily focuses on gold loans, providing financial services to individuals and small businesses. Mannapuram Finance presents a strong investment opportunity, particularly in the gold loan market, with solid financial health and growth potential Dividend Policy: Regular dividend payouts reflect the company's commitment to returning value to shareholders. Risks: -Exposure to fluctuations in gold prices.
NSE:MANAPPURAMLong
by manojshinde27
#nifty50 - 9th December!!NSE:NIFTY Understand the chart, observe the chart, implement according to this : 1. Support and Resistance Zones: - Imagine "support" as a safety net—if the price falls, it’s likely to bounce back up from these levels (like 24,373.90). - "Resistance" is like a ceiling—when the price rises, it may struggle to break through higher levels (like 24,857.75 or 25,101.45). 2. Trendlines: - The black diagonal lines are like train tracks guiding the price upward. As long as the price stays between these tracks, the upward journey is likely to continue. 3. Key Areas (Orange Zones): - The orange areas are hotspots where buyers and sellers fight the hardest. If the price enters these zones, it might pause or reverse. 4. What’s Happening Now?: - The price recently hit a high near 24,857.75 (a ceiling) and is now hanging around a lower level, testing its "safety net" around 24,648.10. - It’s like climbing stairs—if the price breaks through the next step (resistance), it could climb higher. But if it slips below the safety net, it might fall to the next step down. 5. What’s Next?: - If the price climbs above 24,857.75, we might see it reach new highs like 24,949.10 or even 25,101.45. - But if it falls below the support, it might drop to the next level around 24,373.90 or lower. In short, this chart tells a story of a market in an upward trend, but it’s at a critical point where the next move could be either up or down. Not a SEBI Registere [/b ]
NSE:NIFTY
by thetradeforecast
1
RVNL Forming Good Patterns. Ready for an upmove?RVNL At a support level and forming multiple patterns. It offers good RR at this level. - Double Bottom -Cup & Handle -Trendline Breakout. -Candles were narrow right before a breakout and volumes were dry during the pullback. Positional SL is 13%, If you are an aggressive player then you can place the SL below 428. Adjust the SL and Targets as per your style/appetite. 520 will be a crucial level. Watch the PA there and decide on booking/further addition or fresh entry. Please consult with your financial advisor before investing. The chart shared is for educational purposes.
NSE:RVNLLong
by sagartharayil