Bank Nifty 50158.85 Index Daily Chart - Update on 02-Feb-2025Bank Nifty spot 50158.85 by the Daily Chart view - Update on 02-Feb-2025 review - Resistance Zone 52175 to 52575 Index Band - Resistance Zone 49950 to 50275 Index Band might sustain as a probable Support Zoneby PIYUSHCHAVDA0
NIFTY- Intraday Levels - 10th and 11th February 2025If NIFTY sustain above 23598 to 23615 above this bullish 23659 to 26670 then 23694 to 23713 to 23723 strong resistance then 23767 to 23777 or 23787 or 23800 to 23821 will be profit booking level small correction is expected above this more bullish. If NIFTY sustain below 23552 below this bearish then mild support 23498 to 23478 then 23445 to 23435 strong support 23391 to 23381 will be last hope below this more bearish My view (for your study and analysis only, also conside my analysis could be wrong and to safegaurd the trade risk management is must) Probably buy on dip . Consider some buffer points in above levels. Please do your due diligence before trading or investment. **Disclaimer - I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you. by PrashantTaralkar331
Sensex - Weekly review Feb 11 to Feb 14Price was moving in a descending triangle which is bearish. Price have to break the channel and sustain above 78200 zone to gain bullish strength. Buy above 78020 with the stop loss oh 77920 for the targets 78120, 78200, 78320, 78460, 78600, 78720, 78840, 78960 and 79120. Sell below 77800 with the stop loss of 77900 for the targets 77700, 77580, 77460, 77320, 77200, 77060, 76900, 76780, 76640 and 76460. Do your own analysis before taking any trade.by vanathi10
DOLLAR INDEX - WILL IT BREAK DOWN OR CLIMB HIGHER?Symbol - DXY The U.S. Dollar Index (DXY) is currently trading within a key support zone, which has historically acted as a pivotal level for price action. A clear double top pattern has emerged on the larger time frame, signaling a potential bearish reversal. A breakdown below this support area would likely signify a shift in the short-term trend of the U.S. Dollar, with the potential for a move lower. Despite this, there remains an underlying expectation in the global markets that the U.S. Dollar will stay elevated in the medium term due to factors such as President Trump’s policies, tariffs, and rising geopolitical fragmentation. However, much of this has already been priced into the currency, and the current price action is showing signs of weakness, suggesting that the Dollar may be poised for a pullback. From a technical perspective, a decisive breakdown below the support zone would imply a trend change, with further downside potential. Traders and investors may need to reassess their outlook for the U.S. Dollar if this level is breached. Key support levels: 107.60, 107.40 Key resistance levels: 108.35, 108.50 On the other hand, if the price holds above the support area and key upcoming data, such as the Non-Farm Payrolls (NFP) and Consumer Price Index (CPI), continue to support the Dollar’s strength, there is potential for the index to continue its upward trajectory. In this alternate scenario, the previous bullish trend for the U.S. Dollar could resume, especially if these data points align with expectations and signal ongoing economic strength. Therefore, the outlook for the U.S. Dollar remains contingent on the price action at the current support level and upcoming economic data releases.Shortby akshit_officialUpdated 4
Nifty Weekly Analysis for 10-02-25 to 14-02-25Nifty Weekly Analysis for 10-02-25 to 14-02-25 23400-23800 is the sideways range for nifty next week. If Nifty sustains above 23800, more upside possible and targets are 23900/24050. If Nifty trades below 23400, more downside possible and targets are 23300/23180. On Monday, if nifty opens flat or gap down and retests 23400 level, long from that level for the targets of 23800/24050. If nifty opens gap up, long above 23800. Logic for long is ABCD activated above 23600 and price has given a ideal pullback till 0.618Longby n99trades1122
Banknifty still buy on dip until 49450 not break Last week premium members booked huge profit Gold 2150 points profit Silver 2500 points profit Copper 28 points profit Natural gas 12 points. Zinc 2 points. Crude 150 points How to take trades using Harmonic pattern projection Trade setup is explained below :- 1st D point : 0% is recent top or bottom. 2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 13.5% then early or risky traders can reversal trade , Safe traders can wait for 27% levels break Targets : Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target ( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also). T2: 50% level is our 2nd Target T3: 61.8% to 65 % is our 3rd Target ( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .) Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%. 161.8 to 165% if profit booking area so book full profit and wait for reversal. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based . After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell . Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance by EquityCommodityForexJaiprakash1
Nifty still buy on dip until 23320 not break Last week premium members booked huge profit Gold 2150 points profit Silver 2500 points profit Copper 28 points profit Natural gas 12 points. Zinc 2 points. Crude 150 points How to take trades using Harmonic pattern projection Trade setup is explained below :- 1st D point : 0% is recent top or bottom. 2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 13.5% then early or risky traders can reversal trade , Safe traders can wait for 27% levels break Targets : Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target ( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also). T2: 50% level is our 2nd Target T3: 61.8% to 65 % is our 3rd Target ( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .) Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%. 161.8 to 165% if profit booking area so book full profit and wait for reversal. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based . After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell . Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance by EquityCommodityForexJaiprakash1
Nifty 50 -Feb 2025 ViewI had posted my last analysis of Nifty at end of Dec 2024 and here we are in Feb 2025 with Nifty being almost at the same price. So, basically everyone should be happy, right? :P Why are most of our portfolios in deep red? Let;'s understand the scenario. Nifty has been highly volatile since the past few months with FII selling continuously and DIIs buying it. It has been a tug of war between bulls & bears near 23000 which was broken few days back but 22800 managed to act as a support. Level to watch remain same as last idea View is bearish to sideways with sell on rise. Expecting a highly volatile 2025 with stock specific movements especially in large cap sector. Overvalued mid & Smallcap stocks might continue to see correction in upcoming months. I feel a bullish view can be made only when Nifty sustains above 24800. An accumulation in this zone between 23000 and 24800 will be good for Nifty in upcoming years. The recent budget will be very beneficial for consumption & hospitality sector. Keep this sector in watchlist. by chartistamey2229
Radhakishan Damani’s Investing Secrets: The Retail King of IndiaRadhakishan Damani: The Silent Tycoon of Indian Stock Market Hello everyone! I hope you all are doing great in life and in your trading journey. Today, I bring you an educational post on Radhakishan Damani , the billionaire investor, trader, and the visionary behind DMart. Often referred to as the “Retail King of India,” Damani is known for his low-profile yet highly effective investing strategies that have created massive wealth over time. Starting his journey as a stock trader in the 1980s, he quickly understood the power of long-term investing and value buying . Unlike most traders of his time, he adopted a patient and disciplined approach, focusing on strong businesses with scalable growth potential . His investments in consumer-driven businesses have made him one of India’s richest and most successful investors. Radhakishan Damani’s Iconic Stock Picks ✔ Avenue Supermarts (DMART): His biggest success story—DMart revolutionized India's retail industry, making him a billionaire. ✔ VST Industries: A tobacco company that has generated huge returns due to strong cash flow and dividends. ✔ Sundaram Finance: A conservative yet steady wealth compounder in India’s financial sector. ✔ Blue Dart Express: His bet on India's logistics growth played out brilliantly. ✔ HDFC Bank: A long-term wealth generator, riding India's banking sector expansion. Radhakishan Damani’s Key Investing & Trading Principles Invest in Consumer-Focused Businesses: Damani believes that businesses catering to everyday consumer needs offer steady long-term growth. Quality Over Quantity: He focuses on a few high-quality companies rather than diversifying across too many stocks. Patience is Power: Investing is not about quick profits; he holds his investments for decades to maximize wealth. Contrarian Approach: He invests in undervalued stocks when others ignore them, leading to massive gains later. Simplicity Wins: His philosophy is to keep investing simple —buy great businesses, hold them, and let compounding do its magic. Strong Business Models Matter: Damani only invests in companies with solid fundamentals, consistent earnings, and efficient management. What This Means for Traders & Investors: By following Damani’s approach, traders and investors can focus on long-term wealth creation, patience, and identifying businesses with real-world demand. Outcome: Applying these lessons can help traders and investors stay disciplined, avoid unnecessary risks, and build a strong portfolio over time. What’s your biggest learning from Radhakishan Damani’s investing journey? Share your thoughts in the comments!Educationby TraderRahulPal8
NIFTY: New high or new low ahead?It looks like NIFTY is in wave 4 currently. If this counting is correct, price should not break below wave 2 (23222 level). Because according to rule, wave 4 will never be parallel or below wave 2. It means price will eventually go in wave 5. Now, as per this counting wave 3 is shorter than wave 1. And rule says wave 3 is never the shortest wave. It means wave 5 will be shorter than wave 3 here. We may assume target of wave 5 as 24034. But if price falls below wave 2, this counting becomes invalid. And price may go in new low.by theprofityogi111
Nifty Intraday Analysis for 07th February 2025NSE:NIFTY Index closed near 23605 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 24000 Strike – 47.49 Lakh 23700 Strike – 36.50 Lakh 23600 Strike – 33.31 Lakh Put Writing 23600 Strike – 28.90 Lakh 23000 Strike – 27.17 Lakh 23500 Strike – 28.90 Lakh Index has resistance near 23750 - 23800 range and if index crosses and sustains above this level then may reach near 23950 - 24000 range. Index has immediate support near 23550 – 23500 range and if this support is broken then index may tank near 23350 – 23300 range. by RKMAURYAUpdated 0
Banknifty Intraday Analysis for 07th February 2025NSE:BANKNIFTY Index closed near 50380 level and Maximum Call and Put Writing near CMP as below in February Month contract: Call Writing 51000 Strike – 10.32 Lakh 50000 Strike – 7.59 Lakh 50500 Strike – 6.97 Lakh Put Writing 49000 Strike – 13.95 Lakh 50000 Strike – 10.71 Lakh 49500 Strike – 6.84 Lakh Index has resistance near 50700 – 50800 range and if index crosses and sustains above this level then may reach near 51400 – 51500 range. Index has immediate support near 49700 - 49600 range and if this support is broken then index may tank near 48900 - 48800 range. by RKMAURYAUpdated 0
Nifty all set to shootNifty CMP 23559 Fibs- the 23390 zone is an imp zone on the chart. The bulls have used it twice before. Currently at the same zone there is a gap again highlighting the importance of the zone. The two points are the gaps used on the chart. Hence to me the Index is headed for 24250. Any negativity if at all will be below 23390.Longby singh17vivek1
Finnifty Intraday Analysis for 07th February 2025NSE:CNXFINANCE Index closed near 23660 level and Maximum Call and Put Writing near CMP as below in February Month contract: Call Writing 24000 Strike – 0.56 Lakh 23500 Strike – 0.53 Lakh 23600 Strike – 0.44 Lakh Put Writing 23000 Strike – 0.63 Lakh 23500 Strike – 0.49 Lakh 23600 Strike – 0.42 Lakh Index has resistance near 23750 - 23800 range and if index crosses and sustains above this level then may reach near 23950 - 24000 range. Index has immediate support near 23500 – 23450 range and if this support is broken then index may tank near 23300 – 23250 range. by RKMAURYAUpdated 0
Midnifty Intraday Analysis for 07th February 2025NSE:NIFTY_MID_SELECT Index closed near 11975 level and Maximum Call and Put Writing near CMP as below in February Month contract: Call Writing 12000 Strike – 5.10 Lakh 12200 Strike – 2.49 Lakh 11800 Strike – 2.18 Lakh Put Writing 11800 Strike – 3.44 Lakh 12000 Strike – 3.18 Lakh 12100 Strike – 1.82 Lakh Index has immediate resistance near 12150 – 12220 range and if index crosses and sustains above this level then may reach 12350 – 12400 range. Index has immediate support near 11850 – 11800 range and if this support is broken then index may tank near 11700– 11650 range. by RKMAURYAUpdated 0
Nifty & Bank Nifty - Will RBI rate-cut, cut the down move? Nifty & Bank Nifty both closed slightly below 200 EMAs with high volume. This is negative but at the same time, FIIs selling reduced drastically, this seems positive. What is the trend going to be from here - The video tells.04:00by abhishekmittal10
Upcoming Week Forecast We are still Looking for an upside move in coming week One can note that the decision of Braking Bear Trend and Turning to Bullish sentiment is still due as we remain positive in the Market direction if you have any Questions please comment i will try to address it Thanks 01:50by ShreeKrishna_F111
US100 Today's Market Overview US 100 Market reached the OTE Zone on January 13th, and has shown good Bullishness. Later it moved into the discount by February 1st Week and a clear SMT. Now expecting the market to move into the Inception Zone inside the Breaker and then a Buy towards 20 Day Liquidity, PMH. The Dates where already published , like I said Feb 4th say the market move to Discount and started reversing. Longby Insight_fx_2
BankNifty levels - Feb 10, 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!by sacxe3
Nifty levels - Feb 10, 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!by sacxe5
Nifty intraday key levels for 07.02.25Hi, * Please mark the levels in your chart and get prepared for tomorrow * These Support and Resistance levels have good accuracy. Resistance zone R1 23735-23770 R2 23800-23840 Support zone S1 23500-23470 S2 23425-23400 * GAP ZONE 23420 - 23380 Regards Bull Manby bullmanacademyUpdated 0
Nifty Decoding 7th feb 2025Seems like nifty will show bullish momentum tomorrow. Target can be above the red candles in daily timeframe. Try to find good long trade setup tomorrow. today also we can see that banknifty is rejecting lower price levels. So it is better to go with the buyers. As of now no selling confirmation. Longby digitaltanmay123Updated 1
NIFTY Levels for February 7, 2025NIFTY Levels for Today Here are the today's NIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop loss) for each SELL trade should be the previous GREEN candle above the given level. Note: This idea and these levels are only for learning and educational purpose. Your likes /boosts gives us motivation for continued leaning and sharing ideas. by RainingMoneywithTech2