Nifty Intraday Analysis for 13th February 2025NSE:NIFTY
Index closed near 23045 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23500 Strike – 123.96 Lakh 23300 Strike – 84.65 Lakh
23400 Strike – 75.55 Lakh
Put Writing
22500 Strike – 115.67 Lakh
22700 Strike – 91.16 Lakh
22800 Strike – 69.99 Lakh
Index has resistance near 23225 - 23275 range and if index crosses and sustains above this level then may reach near 23400 - 23450 range.
Index has immediate support near 22800 – 22750 range and if this support is broken then index may tank near 22650 – 22600 range.
Trend Lines
Banknifty Intraday Analysis for 13th February 2025NSE:BANKNIFTY
Index closed near 49480 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
50000 Strike – 12.12 Lakh
50500 Strike – 9.71 Lakh 49000 Strike – 7.71 Lakh
Put Writing
49000 Strike – 14.26 Lakh
48000 Strike – 12.02 Lakh
49500 Strike – 8.42 Lakh
Index has resistance near 49900 – 50000 range and if index crosses and sustains above this level then may reach near 50500 – 50600 range.
Index has immediate support near 48800 - 48700 range and if this support is broken then index may tank near 48300 - 48200 range.
Finnifty Intraday Analysis for 13th February 2025NSE:CNXFINANCE
Index closed near 23195 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
23500 Strike – 1.29 Lakh
23000 Strike – 0.73 Lakh
23200 Strike – 0.54 Lakh
Put Writing
23500 Strike – 0.98 Lakh
23000 Strike – 0.90 Lakh
23200 Strike – 0.40 Lakh
Index has resistance near 23350 - 23400 range and if index crosses and sustains above this level then may reach near 23550 - 23600 range.
Index has immediate support near 23050 – 23000 range and if this support is broken then index may tank near 22850 – 22800 range.
Midnifty Intraday Analysis for 13th February 2025NSE:NIFTY_MID_SELECT
Index closed near 11395 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
11500 Strike – 2.95 Lakh
11700 Strike – 2.79 Lakh
11600 Strike – 2.47 Lakh
Put Writing
11500 Strike –6.22 Lakh
11400 Strike – 4.68 Lakh
11300 Strike – 2.73 Lakh
Index has immediate resistance near 11550 – 11600 range and if index crosses and sustains above this level then may reach 11750 – 11800 range.
Index has immediate support near 11300 – 11250 range and if this support is broken then index may tank near 11150– 11100 range.
Long In SBICARDEntry- 815-818
Stop- 800
Target- 840, 860,
Pattern- Falling trendline BO with a bullish engulfing in 4hr Time frame.
Note- This stock has been underperforming for a long time. It may continue its upward journey
* Please trade carefully seeing the current market structure the trend is to be cautious.
Disclaimer- This is just for education purpose please take advice from your financial advisor before making any decision.
Jai Shree Ram.
Nifty Intraday Analysis for 12th February 2025NSE:NIFTY
Index closed near 23070 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23500 Strike – 99.23 Lakh 23400 Strike – 79.45 Lakh
23300 Strike – 71.23 Lakh
Put Writing
22500 Strike – 91.19 Lakh
22700 Strike – 84.36 Lakh
22800 Strike – 61.43 Lakh
Index has resistance near 23250 - 23300 range and if index crosses and sustains above this level then may reach near 23450 - 23500 range.
Index has immediate support near 22850 – 22800 range and if this support is broken then index may tank near 22650 – 22600 range.
Banknifty Intraday Analysis for 12th February 2025NSE:BANKNIFTY
Index closed near 49405 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
50000 Strike – 11.68 Lakh
50500 Strike – 10.74 Lakh 49500 Strike – 7.54 Lakh
Put Writing
49000 Strike – 13.43 Lakh
50000 Strike – 10.32 Lakh
49500 Strike – 8.36 Lakh
Index has resistance near 49800 – 49900 range and if index crosses and sustains above this level then may reach near 50400 – 50500 range.
Index has immediate support near 48900 - 48800 range and if this support is broken then index may tank near 48400 - 48300 range.
Finnifty Intraday Analysis for 12th February 2025NSE:CNXFINANCE
Index closed near 23090 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
23500 Strike – 1.59 Lakh
23000 Strike – 0.56 Lakh
23200 Strike – 0.22 Lakh
Put Writing
23500 Strike – 1.15 Lakh
23000 Strike – 0.70 Lakh
23400 Strike – 0.64 Lakh
Index has resistance near 23250 - 23300 range and if index crosses and sustains above this level then may reach near 23450 - 23500 range.
Index has immediate support near 22950 – 22900 range and if this support is broken then index may tank near 22750 – 22700 range.
Midnifty Intraday Analysis for 12th February 2025NSE:NIFTY_MID_SELECT
Index closed near 11470 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
11700 Strike – 2.38 Lakh
11500 Strike – 2.27 Lakh
11600 Strike – 1.85 Lakh
Put Writing
11500 Strike –6.10 Lakh
11400 Strike – 2.55 Lakh
11300 Strike – 2.09 Lakh
Index has immediate resistance near 11600 – 11650 range and if index crosses and sustains above this level then may reach 11800 – 11850 range.
Index has immediate support near 11350 – 11300 range and if this support is broken then index may tank near 11150– 11100 range.
Trent (NSE) – Technical Analysis (Simple Explanation)
Trend: Downtrend but near support.
Support Zone: ₹4,955 – ₹5,090 (price bounced from here).
Resistance Levels: ₹5,317 (immediate), ₹6,000 (major).
Breakout Potential:
If price stays above ₹5,317, it may rise towards ₹6,000 (+17.43%).
If it breaks below ₹4,955, further downside is possible.
Conclusion: Watch for price action near ₹5,317. A strong breakout can trigger a bigger rally.
Nifty still going Down? Application of Elliott waves and FiboNSE:NIFTY has corrected by 3500 pts (13.3%) from its high of 26,277 in Sep’24.
In post COVID era this is the 2nd biggest correction in terms of % and biggest in points.
Let us use Elliot wave theory and the Fibonacci retracement tool
Wave Time Start to End Points (percentage from top)
Wave (X) ( (i) to (ii) ) Oct-21 to Jun-22 18,604 to 15,183 3,421 pts (18.4%)
Wave Y ( iii to iv ) Sep-24 to Feb-25 26,277 to 22,986 3,290 pts (13.28%)
Wave Z ( I to ii ) Dec-22 to Mar-23 18,887 to 16,828 2,059 pts (10.79%)
Wave (X) ≈ Wave Y || 3421 ≈ 3290 (Δ4%)
Wave Y ≈ 168% * Wave Z || 3290 ≈ 161.8%*2059 (i.e. 3331) (Δ1%)
*In stock market waves will hardly be exactly equal, 5% of deviation is acceptable to me.
While Wave Y & Z are of same degree, wave (X) is of higher than these two.
Nifty Intraday Analysis for 11th February 2025NSE:NIFTY
Index closed near 23380 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
24000 Strike – 121.73 Lakh 23700 Strike – 84.58 Lakh
23600 Strike – 73.33 Lakh
Put Writing
23000 Strike – 52.32 Lakh
23100 Strike – 45.96 Lakh
23300 Strike – 36.68 Lakh
Index has resistance near 23550 - 23600 range and if index crosses and sustains above this level then may reach near 23750 - 23800 range.
Index has immediate support near 23200 – 23150 range and if this support is broken then index may tank near 23000 – 22950 range.
Banknifty Intraday Analysis for 11th February 2025NSE:BANKNIFTY
Index closed near 49980 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
51000 Strike – 13.39 Lakh
50000 Strike – 9.20 Lakh 50500 Strike – 8.88 Lakh
Put Writing
49000 Strike – 13.27 Lakh
50000 Strike – 11.49 Lakh
49500 Strike – 6.60 Lakh
Index has resistance near 50500 – 50600 range and if index crosses and sustains above this level then may reach near 51000 – 51100 range.
Index has immediate support near 49400 - 49300 range and if this support is broken then index may tank near 48900 - 48800 range.
Finnifty Intraday Analysis for 11th February 2025NSE:CNXFINANCE
Index closed near 23400 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
23500 Strike – 1.24 Lakh
24000 Strike – 0.63 Lakh
23600 Strike – 0.52 Lakh
Put Writing
23500 Strike – 1.03 Lakh
23000 Strike – 0.59 Lakh
23600 Strike – 0.46 Lakh
Index has resistance near 23550 - 23600 range and if index crosses and sustains above this level then may reach near 23700 - 23750 range.
Index has immediate support near 23200 – 23150 range and if this support is broken then index may tank near 23000 – 22950 range.
Midnifty Intraday Analysis for 11th February 2025NSE:NIFTY_MID_SELECT
Index closed near 11790 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
12000 Strike – 5.58 Lakh
11800 Strike – 3.87 Lakh
11900 Strike – 2.30 Lakh
Put Writing
11800 Strike – 5.95 Lakh
12000 Strike – 3.99 Lakh
11900 Strike – 2.61 Lakh
Index has immediate resistance near 11950 – 12000 range and if index crosses and sustains above this level then may reach 12150 – 12200 range.
Index has immediate support near 11650 – 11600 range and if this support is broken then index may tank near 11500– 11450 range.