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Support and Resistance

Nifty Intraday Analysis for 26th September 2024NSE:NIFTY Index closed near 26005 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 26000 Strike – 96.16 Lakh 26500 Strike – 74.98 Lakh 26200 Strike – 65.67 Lakh Put Writing 25900 Strike – 89.19 Lakh 25500 Strike – 89.02 Lakh 25800 Strike – 83.04 Lakh Index has resistance near 26150 – 26200 range and if index crosses and sustains above 26250 level then may reach near 26450 - 26500 range. Index has immediate support near 25800 – 25700 range and if this support is broken then index may tank near 25600 – 25500 range.
NSE:NIFTYLong
by RKMAURYA
Banknifty Intraday Analysis for 26th September 2024NSE:BANKNIFTY Index closed near 54100 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 54000 Strike – 18.21 Lakh 54500 Strike – 13.62 Lakh 55000 Strike – 8.90 Lakh Put Writing 54000 Strike – 19.27 Lakh 54100 Strike – 7.99 Lakh 53900 Strike – 6.90 Lakh Index has resistance near 54200 – 54300 range and if index crosses and sustains above 54300 level then may reach near 54500 – 54600 range. Index has immediate support near 53800 – 53700 range and if this support is broken then index may tank near 53200 - 53000 range.
NSE:BANKNIFTYLong
by RKMAURYA
Finnifty Intraday Analysis for 26th September 2024NSE:CNXFINANCE Index closed near 24990 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 25000 Strike – 6.04 Lakh 24900 Strike – 2.37 Lakh 25100 Strike –1.83 Lakh Put Writing 25000 Strike – 4.98 Lakh 24900 Strike – 4.37 Lakh 24800 Strike – 2.54 Lakh Index has resistance near 25050 - 25100 range and if index crosses and sustains above 25100 level then may reach near 25250 - 25300 range. Index has immediate support near 25800 – 24700 range and if this support is broken then index may tank near 24550 – 24500 range.
NSE:CNXFINANCELong
by RKMAURYA
Midnifty Intraday Analysis for 26th September 2024NSE:NIFTY_MID_SELECT Index closed near 13260 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 13300 Strike – 12.00 Lakh 13200 Strike – 8.27 Lakh 13400 Strike – 5.84 Lakh Put Writing 13200 Strike – 12.36 Lakh 13000 Strike – 6.93 Lakh 13250 Strike – 6.12 Lakh Index has immediate resistance near 13300 - 13350 range and if index crosses and sustains above this level then may reach 13450 – 13500 range. Index has immediate support near 13160 – 13050 range and if this support is broken then index may tank near 12950 – 12900 range.
NLong
by RKMAURYA
3
BankNifty levels - Sep 27, 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 - Sep 27, 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