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Support and Resistance

Bharati Airtel Ltd view for Intraday 31st Dec #BHARTIARTL Bharati Airtel Ltd view for Intraday 31st Dec #BHARTIARTL Resistance 1600 Watching above 1603 for upside movement... Support area 1570 Below 1580 ignoring upside momentum for intraday Support 1570 Watching below 1568 or downside movement... Resistance area 1600 Above 1580-1585 ignoring downside move for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks,
NSE:BHARTIARTLLong
by EmpireCrown
Hindalco industries Ltd view for Intraday 31st Dec #HINDALCO Hindalco industries Ltd view for Intraday 31st Dec #HINDALCO Resistance 608-610 Watching above 611 for upside movement... Support area 600 Below 605 ignoring upside momentum for intraday Support 600 Watching below 597 or downside movement... Resistance area 608-610 Above 605 ignoring downside move for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks,
NSE:HINDALCOLong
by EmpireCrown
BankNifty Intraday Support & Resistance Levels for 31.12.2024On Monday, BankNifty opened on a negative note but found support near 51,170, rallying to a day high of 51,979.75, falling just 30 points short of entering the 125-minute supply zone. However, strong selling pressure caused a sharp drop of over 1,200 points to the day's low of 50,718.35, entering the 15-minute demand zone, which aligns with the tested daily demand zone. It closed at 50,952.75, losing 358 points compared to 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 (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) Outlook BankNifty's rejection near the supply zone underscores the dominance of selling pressure. The tested demand zone at 50,983.50 offers strong support, but a failure to sustain here could lead to further downside.
NSE:BANKNIFTY
by PriteshPalan
Nifty Intraday Support & Resistance Levels for 31.12.2024On Monday, Nifty opened on a negative note but rebounded after finding support at 23,700, rallying to a high of 23,915.35. However, selling pressure dragged it down to a low of 23,599.30, entering the 15-minute demand zone. It eventually closed at 23,644.90, losing 168 points compared to 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): 23,537.35 - 23,632.30 (tested) Near Demand/Support Zone (75m): 23,447.15 - 23,578.60 (tested) Far 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) Outlook Nifty's entry into the 15m demand zone highlights minor support, but selling at higher levels capped any significant recovery. A move above the 15m resistance zone at 23,862.05 - 23,915.35 may attract buyers, while failure to hold the tested demand zone could lead to further downside.
NSE:NIFTY
by PriteshPalan
how to drow support and resistance Open a price chart. The first step is to identify the instrument you want to analyze. ... Find the significant highs and lows. Look for the significant turning points or swing highs and lows. ... Draw the support and resistance lines. ... Check for validity. To identify S&R, place a horizontal line to connect at least three price action zones, well-spaced in time. The more price action zones (well spaced in time) the horizontal line associates, the stronger is S&R. S&R can be used to identify targets for the trade.
NSE:BANKNIFTYEducation
by SkyTradingZone
database trading SQL remains a fundamental tool for querying and managing data. SQL's simplicity and power make it accessible to both beginners and experts. In trading systems, SQL enables efficient data retrieval and manipulation. Users can write SQL queries to analyze market trends and execute trading strategies. The United Nations Commodity Trade Statistics Database (UN Comtrade) contains detailed imports and exports statistics reported by statistical authorities of close to 200 countries or areas. It concerns annual trade data from 1962 to the most recent year.
NSE:M&MFINEducation
by SkyTradingZone
technical analysisTechnical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories. Chart Patterns: Chart patterns involve analysing graphical representations of stock prices over time. ... Technical Indicators: Technical indicators are mathematical calculations based on price, volume, or open interest data.
NSE:BANKNIFTYLong
by SkyTradingZone
Nifty Intraday Analysis for 30th December 2024NSE:NIFTY Index closed near 23815 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24000 Strike – 57.91 Lakh 24200 Strike – 53.23 Lakh 23900 Strike – 44.45 Lakh Put Writing 23500 Strike – 65.62 Lakh 23800 Strike – 61.07 Lakh 23700 Strike – 34.42 Lakh Index has resistance near 23900 - 23950 range and if index crosses and sustains above this level then may reach near 24050 - 24100 range. Index has immediate support near 23650 – 23600 range and if this support is broken then index may tank near 23500 – 23450 range.
NSE:NIFTYLong
by RKMAURYA
Banknifty Intraday Analysis for 30th December 2024NSE:BANKNIFTY Index closed near 51310 level and Maximum Call and Put Writing near CMP as below in January Month contract: Call Writing 52000 Strike – 11.51 Lakh 51500 Strike – 7.96 Lakh 52500 Strike – 5.31 Lakh Put Writing 51500 Strike – 8.99 Lakh 51000 Strike – 7.43 Lakh 52000 Strike – 7.24 Lakh Index has resistance near 51900 – 52000 range and if index crosses and sustains above this level then may reach near 523500 – 52500 range. Index has immediate support near 50900 - 50800 range and if this support is broken then index may tank near 50200 - 50000 range.
NSE:BANKNIFTYLong
by RKMAURYA
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Finnifty Intraday Analysis for 30th December 2024NSE:CNXFINANCE Index closed near 23790 level and Maximum Call and Put Writing near CMP as below in December Month contract: Call Writing 24000 Strike – 5.87 Lakh 24200 Strike – 4.92 Lakh 23800 Strike – 4.62 Lakh Put Writing 23800 Strike – 5.79 Lakh 23500 Strike – 3.79 Lakh 24000 Strike – 2.85 Lakh Index has resistance near 23900 - 23950 range and if index crosses and sustains above this level then may reach near 24150 - 24200 range. Index has immediate support near 23550 – 23500 range and if this support is broken then index may tank near 23200 – 23150 range.
NSE:CNXFINANCELong
by RKMAURYA