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Support and Resistance

GILLETTE INDIA LTD - Short to Long Term Positional Trading setupHello everyone, today i have brough a trading idea on GILLETTE INDIA LTD. And it is showing a promising setup for both short-term and long-term positional traders. The stock has recently broken out from a resistance zone , and the huge volume spike confirms the strength of this move. After breaking the resistance, the stock retested the breakout zone and found support, and is now poised for further upside. The ideal entry point is between 8,400 - 8,200 , as the stock has established a solid base in this area. The first target is 10,163 , followed by the second target at 11,778 . For long-term traders, the final target is 13,685 . A stop loss should be placed just below the breakout zone, around 8,000 , to protect against any adverse moves. This setup offers a great opportunity for traders looking for a strong bullish trend with clear targets. The breakout, coupled with the retest and volume confirmation, gives confidence that the stock could achieve these targets in the coming months. Disclaimer:- This analysis is for educational purposes only. Please trade responsibly and consult a financial advisor before making any decisions. If you found this analysis helpful, don’t forget to like, follow, and share your thoughts in the comments below! Your support keeps me motivated to share more insights. Let’s grow and learn together—happy trading!
NSE:GILLETTELong
by TraderRahulPal
Nifty Intraday Analysis for 24th February 2025NSE:NIFTY Index closed near 22795 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 23000 Strike – 109.49 Lakh 23500 Strike – 99.51 Lakh 23100 Strike – 85.40 Lakh Put Writing 22500 Strike – 86.90 Lakh 22200 Strike – 73.16 Lakh 23000 Strike – 59.06 Lakh Index may reach 23000 - 23050 range, if crosses and sustains above 23050 level. Further, Index may reach 23150 - 23200 range, if sustain above 23100 level. Index has immediate support near 22750 – 22700 range and if this support is broken then index may tank near 22650 – 22600 range.
NSE:NIFTY
by RKMAURYA
Banknifty Intraday Analysis for 24th February 2025NSE:BANKNIFTY Index closed near 48980 level and Maximum Call and Put Writing near CMP as below in February Month contract: Call Writing 50000 Strike – 18.72 Lakh 49000 Strike – 15.07 Lakh 49500 Strike – 14.84 Lakh Put Writing 49000 Strike – 13.39 Lakh 48000 Strike – 12.79 Lakh 48500 Strike – 9.88 Lakh Index has resistance near 49500 – 49600 range and if index crosses and sustains above this level then may reach near 50300 – 50400 range. Index has immediate support near 48500 - 48400 range and if this support is broken then index may tank near 47900 - 47800 range.
NSE:BANKNIFTY
by RKMAURYA
Finnifty Intraday Analysis for 24th February 2025NSE:CNXFINANCE Index closed near 23175 level and Maximum Call and Put Writing near CMP as below in February Month contract: Call Writing 23500 Strike – 2.57 Lakh 23300 Strike – 1.38 Lakh 23200 Strike – 1.14 Lakh Put Writing 23500 Strike – 1.37 Lakh 23000 Strike – 1.24 Lakh 23400 Strike – 1.06 Lakh Index has resistance near 23550 - 23400 range and if index crosses and sustains above this level then may reach near 23525 - 23575 range. Index has immediate support near 23025 – 22975 range and if this support is broken then index may tank near 22775 – 22725 range.
NSE:CNXFINANCE
by RKMAURYA
Midnifty Intraday Analysis for 24th February 2025NSE:NIFTY_MID_SELECT Index closed near 11200 level and Maximum Call and Put Writing near CMP as below in February Month contract: Call Writing 11500 Strike – 8.69 Lakh 11300 Strike – 7.52 Lakh 11400 Strike – 6.68 Lakh Put Writing 11000 Strike – 12.41 Lakh 11500 Strike – 6.38 Lakh 11300 Strike – 6.18 Lakh Index has immediate resistance near 11350 – 11400 range and if index crosses and sustains above this level then may reach 11500 – 11550 range. Index has immediate support near 11150 – 11100 range and if this support is broken then index may tank near 10950 – 10900 range.
NSE:NIFTY_MID_SELECT
by RKMAURYA
BankNifty levels - Feb 25, 2025Utilizing 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 - Feb 25, 2025Nifty 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
Maruti 12500 feb pe & 12300 ceHi guys, this is my new effort to do analysis using option chart. I have taken Maruti 12500 feb pe and Maruti 12300 feb ce. For option buyers. Maruti 12500 feb pe : Price is consolidating in a narrow range and it can give break out. Buy above 215 with the stop loss of 203 for the targets 238, 256, 272 and 294. If the stock is more bearish, price can move towards 312 and 340. Maruti 12300 feb ce : Price has formed double bottom. Buy above 132 with the stop loss of 118 for the targets 148, 164, 182 and 196. To trade options, you should do analysis on the particular stock and should have good understanding about market structure.
M
by vanathi
4
Nifty MidCap Index short term targets The Nifty MidCap Select Index is currently trading at 11,198.90, down 1.69% for the session ,despite the short-term downtrend, the index recently rebounded from a key support zone (10490 – 10390) if this level holds next week then their is chances of up side . Important Resistance Levels Immediate Resistance1 : 11,600 – A breakout above this level may indicate further bullish momentum towards 11,800 – 11,830. Resistance2 : 11,800 – 11,830 – A significant supply zone where sellers may step in. Major Resistance1: 12,100 – 12,170 Important Support Levels Support1 : 11,068.60 – 11,015.55 – The key support zone holding the index. Major Support1: 10,390 – 10,493.55 – A strong demand zone where buyers may re-enter. Extended Support: 10,060.20 – 9,995.05 – A strong demand zone Extension where buyers may re-enter.
NSE:NIFTY_MID_SELECTShort
by manojshinde27
BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:5 RISK REWARD BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:5 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
CRYPTO:BTCUSDShort
by tradergyan01
9
Positional or Long term Opportunity in Shipping Corp Of IndiaGo Long @ 205.7 for Targets of 241.1 and 276.5 with SL 188 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.618 Fibonacci level. 2. Besides, a bullish candlestick pattern Bullish Hammer (marked with orange) is formed around the 0.618 Fibonacci level. 3. Also there is a strong Trendline (marked with green color) which supports the stock. 4. In addition to this there is a strong support zone (marked with purple) from which the stock is taking support.
NSE:SCILong
by Nimish_Ghagare
1
Nifty - weekly review feb 24 to feb 28Price is testing the support zone for few days. Still buyers, sellers are weak and price was moving in range. 22800 is important for buyers. Buy above 22820 with the stop loss of 22780 for the targets 22860, 22920, 22980, 23040 and 23120. Sell below 22680 with the stop loss of 22720 for the targets 22640, 22600, 22540, 22500, 22420 and 22380. Price should show strength above 22800 for the price to move up. Bears will gain strength below 22700 zone. Always do your own analysis before taking any trade.
NSE:NIFTY
by vanathi
SBICARD: Monthly Pennant Breakout - How High Can It Fly?NSE:SBICARD The stock has given a pennant pattern breakout on monthly chart with good volume along with second month on consecutive buying This month's closing would be interesting to watch as it'd confirm the follow on move 916.95 / 946 / 1149 will act as strong resistance levels especially 1149 which is around it's ATH level a monthly close above it will fuel the further rally. Since it's ATH in September 2021 stock has been in a downtrend but seems like things are about to change for good SBI Cards & Payment Services is India's second-largest credit card issuer and a subsidiary of SBI. Market Position : SBI Cards is a leader in the credit card industry, holding an 18.5% market share in card-in-force and a 15.7% share in spending. You'll find them actively expanding into Tier-2 and Tier-3 cities to tap into new markets. Plus, partnerships with brands like Apple and Singapore Airlines help them attract premium customers. Recent Financials (Q3 FY25): Revenue: ₹4,767 crore (up 1% YoY). Net Profit: ₹383 crore (down 30% YoY). Net Interest Income (NII): ₹3,790 crore (down 3.5% YoY). Asset Quality: Gross NPA at 3.24%, Net NPA at 1.18%. 9-Month Performance (9MFY25): Revenue: ₹14,300 crore (up ~2% YoY). Net Profit: ₹1,200 crore (down ~25% YoY). Where is SBI Cards Headed? Management is optimistic, projecting annual revenue growth of 10%-15% over the next two years. The plan involves: Tapping into smaller cities to bring in new customers. Boosting the digital experience for seamless customer interactions. Launching exciting co-branded cards aimed at high-value users. And don't forget, potential RBI rate cuts in FY26 could lower borrowing costs and boost the bottom line.
NSE:SBICARDLong
by sandeshprabhu85
Angel One: Finding Support Amid Market Correction Topic Statement: Angel One has declined along with the broad market correction but is receiving strong support at key technical levels, suggesting a potential stabilization. Key points: 1. The price is receiving crucial support at the 50% retracement level, as it had previously. 2. The 2000 level aligns with the 50% retracement level, acting as a strong support zone. 3. The stock is currently trading below the 45-day moving average making the price oversold.
NSE:ANGELONELong
by yogeshwar
Nifty Intraday Analysis for 21st February 2025NSE:NIFTY Index closed near 22915 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 23500 Strike – 99.20 Lakh 23000 Strike – 77.10 Lakh 23200 Strike – 48.98 Lakh Put Writing 23000 Strike – 72.73 Lakh 22500 Strike – 56.08 Lakh 22800 Strike – 43.86 Lakh Index may reach 23150 - 23200 range, if crosses and sustains above 23050 level. Further, Index may reach 23300 - 23350 range, if sustain above 23100 level. Index has immediate support near 22800 – 22750 range and if this support is broken then index may tank near 22650 – 22600 range.
NSE:NIFTY
by RKMAURYA
Banknifty Intraday Analysis for 21st February 2025NSE:BANKNIFTY Index closed near 49335 level and Maximum Call and Put Writing near CMP as below in February Month contract: Call Writing 50000 Strike – 15.27 Lakh 49500 Strike – 13.31 Lakh 50500 Strike – 11.68 Lakh Put Writing 49000 Strike – 15.45 Lakh 48500 Strike – 14.56 Lakh 48000 Strike – 14.16 Lakh Index has resistance near 49900 – 50000 range and if index crosses and sustains above this level then may reach near 50400 – 50500 range. Index has immediate support near 48800 - 48700 range and if this support is broken then index may tank near 48400 - 48300 range.
NSE:BANKNIFTY
by RKMAURYA