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Supply and Demand

BankNifty Intraday Support & Resistance Levels for 20.02.2025Wednesday’s session saw BankNifty opening gap-down, hitting a low of 48,804 before staging a strong rally to 49,509.75. It later dipped to 49,281, but rebounded again to close at 49,570.10, gaining 483 points over the previous close. The Weekly Trend (50 SMA) remains negative, while the Daily Trend (50 SMA) is sideways, signaling mixed sentiment. Demand/Support Zones Near Demand/Support Zone (5m): 49,365.45 - 49,404.55 Near Demand/Support Zone (5m): 48,928.10 - 49,038.45 Far Demand/Support Zone (125m): 47,981.35 - 48,319.20 Far Support Level: 46,077.85 (Low of 4th June 2024) Far Demand/Support Zone (Daily): 44,633.85 - 45,750.40 Supply/Resistance Zones Near Supply/Resistance Zone (75m): 49,665.95 - 49,829.40 Far Supply/Resistance Zone (15m): 49,949.75 - 50,049.10 Far Supply/Resistance Zone (30m): 50,146.10 - 50,248.35 Far Supply/Resistance Zone (Weekly): 50,485.05 - 51,979.75 (Tested) Far Supply/Resistance Zone (Weekly): 52,264.55 - 53,775.10 Outlook BankNifty is showing strength, holding above key support levels. If it sustains current levels, we may see the rally extend towards 50,000. However, multiple supply zones above 49,800 could create resistance. A breakout above 50,050 may lead to further upside momentum! Disclaimer: "This content is for educational purposes only and reflects personal opinions. It is not investment advice or a recommendation to buy/sell any securities. I am not a SEBI-registered advisor. Please consult a qualified financial professional before making any investment decisions."
NSE:BANKNIFTY
by PriteshPalan
Nifty Intraday Support & Resistance Levels for 20.02.2025Wednesday’s session saw Nifty opening gap-down, touching a low of 22,814.85, before staging a sharp recovery to 23,049.95. However, selling pressure kicked in at higher levels, leading to a close at 22,932.90, down 12 points from the previous close. The Weekly and Daily Trends (50 SMA) remain sideways, reflecting market indecision. Demand/Support Zones Near Demand/Support Zone (Daily): 22,620.35 - 22,910.15 (Tested multiple times) Far Support Level: 21,281.45 (Low of 4th June 2024) Far Demand/Support Zone (Daily): 20,769.50 - 20,950 Supply/Resistance Zones Near Supply/Resistance Zone (75m): 23,176.15 - 23,235.50 Far Supply/Resistance Zone (75m): 23,248.45 - 23,301.75 Far Supply/Resistance Zone (125m): 23,316.30 - 23,409.65 Far Supply/Resistance Zone (Daily): 23,443.20 - 23,807.30 Far Supply/Resistance Zone (Daily): 23,976 - 24,196.45 Far Supply/Resistance Zone (Weekly): 24,180.80 - 24,792.30 Outlook For the last four trading sessions, Nifty has been finding support near 22,700 - 22,800, but struggling to close above 23,000. If it crosses 23,000 - 23,050, we may see an up move toward 23,200. However, multiple supply zones between 23,176 - 23,400 could act as resistance, leading to renewed selling pressure.
NSE:NIFTY
by PriteshPalan
ALT looks bearish for mid-term (1D)ALT appears to be in a large-degree bearish wave C. If it reaches the red zone, we can look for a sell/short position targeting lower levels. The minimum time required for wave C to complete is marked by the vertical line on the chart. Keep in mind that this is the minimum duration—if the wave extends, it may take longer. A daily candle closing above the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
2
UPDATE ON EUR/USDEUR/USD 1H - As you can see price clearly didn't need the Supply to the upside in order to carry on this journey correcting price lower. This isn't an issue for us it just means we wait for the right buy opportunity now to present itself. I want to see price come to clear the Demand Zone below and from there offer us the chance to get involved in this market in some long positions. In order for us to deem a valid entry we will need to see price clear the zone and break structure to the upside. A break in structure to the upside will confirm the end of the correction and the start of the next wave trading this market higher, once we have that fractal break to the upside we can then prepare for the long position. When we look to place the long position we will stick our SL below the zone we get involved from and our TP will be set just below the last higher timeframe high thats been set in the market.
Long
by Lukegforex
UPDATE ON USD/CHFUSD/CHF 30M - As you can see we have now been delivered with the BOS we wanted to the upside to give us the confirmation that enough Demand has been introduced to see this market trade higher longer term. From here we now want to see price pullback temporarly to set the higher timeframe higher low before continuing with this bullish momentum. Once price does pullback into our area of interest we can prepare to take the market long. I have gone ahead and marked out an area of interest I feel price may react well from. It will be interesting to see how price plays out over the course of the next day or two. We could look to take this market short shorter term to capitalise on this correction but as we know this hold risk as the overall structure has now been confirmed to be bullish. Its important that if we do trade against the prevailing trend we are taking additonal precautions.
Long
by Lukegforex
THE KOG REPORT - UpdateEnd of day update from us here at KOG: Not a bad day, we wanted lower, however, we saw the flip so short trades were break even after partials. We identified our intra-day levels, the bias fitted well and we gave the higher targets to our team which were all achieved for the day as well as our Excalibur targets and the manual trades on the red boxes. So now we're a little higher than we anticipated and again in an order region which entails cautions. We would ideally like to see this pull back into the 2920 region and break back below it, however, if we do find support below, it's likely we will be targeting the higher levels again which if you look carefully, is the top of a forming range. For now, we've taken more than enough, we want to see how this closes and how we open tomorrow. From Camelot this morning: KOG’s Bias of the day: Bullish above 2902 with targets above 2920✅ and above that 2924✅ Bearish on break of 2902 with targets below 2894, 2887 and below that 2880 RED BOXES: Break above 2916 for 2920✅, 2927✅ and 2930✅ in extension of the move Break below 2902 for 2895 and 2890 and 2887 and 2882 in extension of the move Summary: There is a slight break on the red boxes with 2919-21 as an open target, Mi a little high however, so let’s keep an eye on the 15min and see if we can pull back into the 2907-10 region and support. I would say that’s today’s key level (2910) which if held should give us 2920✅, 2924✅ and 2929✅. There was a short yesterday, but the move didn’t complete so if protected and managed it would have broken even. As always, trade safe. KOG
FX:XAUUSD
by KnightsofGold
8
Gold (XAUUSD) 1H Analysis: Potential Rebound from FVGGold is currently trading at $2,927, showing signs of price rejection from a weak high at $2,942.65. The market structure suggests that a retracement could be underway before further directional movement. Break of Structure (BOS) is evident at multiple points, indicating bullish momentum. Change of Character (ChOCH) around previous support-turned-resistance, signaling a potential short-term reversal. The price is currently testing a 1H Fair Value Gap (FVG) as a possible demand zone. Key Levels Resistance: $2,942.65 (Weak High), $2,939.62 (Recent High) Support: $2,914.80 (Demand Zone), $2,888.48 (Major Support) Trade Setups A short position from the weak high zone ($2,942.65) with targets at $2,914.80 could be favorable. If the price holds above the 1H FVG zone, a bullish continuation could be possible. Confirmation via candlestick rejection or bearish engulfing around $2,942 would add confluence for shorts. A break above $2,942 with volume could invalidate the bearish bias and lead to new highs. Gold’s recent bullish rally is facing resistance at a weak high, with a possible retracement toward key demand zones. Traders should monitor price action around the 1H FVG and structural levels for potential trading opportunities. Would love to hear your thoughts! 🚀📊 #XAUUSD #TradingView #GoldAnalysis #SmartMoneyConcepts
CAPITALCOM:GOLDLong
by taimur-shahzad
2
GBP/USD Analysis & Key Trading Zones🚀 GBP/USD is at a crucial point, showing signs of potential movement. Here’s what to watch: 🔹 Daily Structure: GBP/USD remains in a choppy range, showing indecision at key price levels. Major liquidity zones remain below recent lows, making downside sweeps possible before any bullish continuation. 50% retracement level aligns with the next area of interest, suggesting a potential reaction point. 🔹 4H Structure & Liquidity Grabs: The pair has tapped into a fresh 4H demand zone, which could fuel the next upside move. Internal liquidity sweeps suggest GBP/USD may be gathering momentum for a push higher. If price breaks a key 1H fractal high, it could confirm a shift in structure. 🔹 Key Levels to Watch: ✅ Support Zones: 1.2600 - 1.2580: Potential liquidity grab & bounce zone. 1.2550: Deeper support for high-probability longs. ❌ Resistance Zones: 1.2680 - 1.2700: A key supply area. 1.2750: Break above = bullish confirmation. 🔹 Trading Plan: 📊 If GBP/USD retests demand & holds, long positions targeting 1.2680+ are valid. 📊 If the dollar index weakens further, GBP/USD may see additional bullish momentum. 📊 If support fails, look for a break-and-retest of 1.2550 before considering longs again. ⚡ What’s your bias on GBP/USD? Bullish or Bearish? Drop your thoughts below! 👇📉📈 #GBPUSD #ForexTrading #PriceAction #SmartMoney #Liquidity #TradingView
by theunscriptedacademy
Bullish M6E1! Trade IdeaReady to take your trading to the next level? The M6E1 setup is one to watch closely. With potential on the horizon, it's time to tune in and position yourself for what could be a game-changing move. This is the moment to capitalize on a fresh opportunity. Keep your eyes on the prize, trust the process, and execute with precision. Timing is everything—don't let this one pass you by! Let’s see how this trade unfolds. Get in, stay sharp, and always manage your risk. Let’s go! 💡📈
CME_MINI:M6E1!Long
by trader9224