? Key Levels for the Day: ? Resistance Zone: 49,208 - 49,659 ? Support Zone: 48,918 - 48,600 ? Profit Booking Zone: 49,579 - 49,659 ? Scenario 1: Gap-Up Opening (200+ points) If BANKNIFTY opens with a gap-up above 49,208 , we need to observe whether it sustains above this level. If it holds above 49,208, we can expect an upside movement towards 49,579 - 49,659 (profit booking zone). A breakout above 49,659 can take it towards 50,001, but with caution as profit booking may occur. In case of rejection from 49,659, look for a shorting opportunity back towards 49,208. ? Trade Plan: Buy on dips near 49,208 with SL below 49,100 for a target of 49,579. If rejected from 49,659, initiate a short trade with SL above 49,700. ? Scenario 2: Flat Opening (Within 49,039 - 49,208) If BANKNIFTY consolidates between 49,039 - 49,208, wait for a decisive breakout. A breakout above 49,208 can push prices towards 49,579. A breakdown below 49,039 will lead to a decline towards 48,918 - 48,600. ? Trade Plan: Buy on breakout of 49,208 with SL below 49,100 for targets of 49,579+. If it breaks below 49,039, go short with SL above 49,100 for a target of 48,918. ? Scenario 3: Gap-Down Opening (200+ points below 48,918) If BANKNIFTY opens below 48,918, we need to see if it finds support near 48,600 (last intraday support). A bounce from 48,600 can lead to a recovery towards 48,918. If 48,600 breaks, expect further downside towards 48,400-48,300. ? Trade Plan: Look for a buying opportunity near 48,600 with SL below 48,500 for a potential bounce towards 48,918. If 48,600 breaks, short for a target of 48,400-48,300. ? Risk Management Tips for Options Trading ? ✅ Always maintain a proper stop-loss (SL) to manage risk. ✅ Avoid buying deep OTM options unless you have a high conviction breakout. ✅ For intraday trading, focus on ATM or slightly ITM options for better risk-reward. ✅ If volatility is high, switch to spreads like Bull Call Spread or Bear Put Spread to reduce risk. ✅ Book partial profits as levels are achieved to lock in gains. ? Summary & Conclusion ? Upside movement expected above 49,208 targeting 49,579-49,659. A rejection here can push prices lower. ? Breakdown below 49,039 can take it towards 48,918, with 48,600 being a critical support. ? Risk management is key— stick to your stop-loss! ⚠️ Disclaimer: I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please trade at your own risk. ???
Gold rebound means short selling. Gold seems to have a strong rebound in the early trading, but the high level of gold is still under pressure. Gold is just a rebound, and the gold bulls may be short-lived. Gold rebounded and the current price of 2909 in the early trading was directly shorted. Gold is still under pressure from the double top structure at high levels. Gold rebounds to continue to give short opportunities. Gold 2910 is still a key position for long and short. If gold fails to stand firm at 2910, then gold shorts still have opportunities. Gold rebound is not a restart of longs, but an opportunity for shorts. Gold operation ideas: Gold short at 2910, stop loss at 2919, target at 2890-2880;
Hi guys we would be looking into the AUS200! Fundamentals& Technicals about it ! The S&P/ASX 200 Index (ASX 200) has demonstrated remarkable resilience and growth, reaching new all-time highs in recent months. As of February 12, 2025, the index closed at a record 8,555.80 points, reflecting strong market confidence and surpassing previous records. NEWS.COM.AU Several factors have contributed to this upward trajectory: Robust Corporate Earnings: Major sectors, particularly financials and materials, have reported strong earnings. The financial sector, comprising about 30% of the index, has been bolstered by impressive half-year results from major banks. For instance, Commonwealth Bank reported a better-than-expected half-year profit of $5.1 billion, leading to a 2.4% increase in its share price to a record high of $165.93. NEWS.COM.AU Favorable Monetary Policy: The Reserve Bank of Australia's (RBA) recent decision to cut the cash rate by 25 basis points to 4.1% aims to manage inflation, which has been easing faster than anticipated. This move is expected to stimulate economic activity and enhance corporate profitability, providing a conducive environment for equity markets. Strength in the Mining Sector: Mining companies have significantly contributed to the index's performance. Major players like BHP Group, Rio Tinto, and Fortescue Metals Group have posted gains, driven by strong commodity prices and global demand. The materials sector, accounting for around 20% of the index, continues to benefit from favorable market conditions. Technological Advancements: The technology sector has also seen notable growth, with companies like Computershare leading gains. Computershare's shares soared by 15.48% after revising its earnings-per-share guidance upwards, reflecting the positive impact of technological innovation and adoption. In summary, the ASX 200's recent performance reflects a robust and diversified economy, supported by strong corporate earnings, favorable monetary policy, and sectoral strengths. These factors collectively contribute to a positive outlook for the index in the near to medium term. Entry: 8,500 Target: 8,620 *above the weak resistance level* SL: 8,450 *sitting around the strong support level* We are entering with 100 contracts in this trade!
NASDAQ:OM is bouncig off Fibonacci 0.618 level. Bullish movement to Fib. 1 level is expected to happen
Today, the international gold price continued its upward trend, with spot gold hitting a high of $2,912.31 per ounce, up 0.51% from the previous trading day. This rise was mainly driven by multiple factors, including the weakening of the US dollar index, rising geopolitical risks, and continued gold purchases by global central banks. Institutions such as Goldman Sachs have raised their gold price forecasts to $3,100 per ounce by the end of 2025, and even believe that if policy uncertainty intensifies, it may reach $3,300 per ounce. The situation between Russia and Ukraine remains the focus of the market. The US-Russia talks held in Saudi Arabia may have a direct impact on the situation. If the negotiations break down or the conflict escalates, the safe-haven property of gold will be further highlighted. The recent US tariff policy and trade war concerns continue to ferment, pushing investors to turn to gold to hedge risks. Pattern analysis: Resistance level: The upper resistance during the day is concentrated in the range of 2916-2920 US dollars. If it breaks through, it may test 2940 US dollars (previous high point). Support level: The lower support is at 2880-2872 US dollars. If it falls below, it may trigger a short-term correction. It is recommended to continue to operate in the range, short at highs and long at lows, and do not blindly place orders in the middle I am a professional trading analyst. I hope my analysis is helpful to you. You can also click on my link.
https://www.tradingview.com/x/SFsoGxcF/ My dear friends, Please, find my technical outlook for AUDCAD below: The price is coiling around a solid key level - 0.9015 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8992 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Sbs is created in this area .trying this strategy since few days ..it works great
https://www.tradingview.com/x/ZhWKHzXD/ AUDNZD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short AUDNZD Entry - 1.1136 Sl - 1.1158 Tp - 1.1087 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
I am selling to near 2902, and will be looking for a possibly buy from that level
Hello dear traders ! what do you think about XAUUSD Market, i am sharing my analysis on the XAUUSD market, Current price 2910 key levels demand zone 2845 support zone 2880 resistance 2923_2936 warning this analysis is only study not trading this my personal analysis. stay updated Support comment and follow for more latest updates about XAUSSD market share your thoughts what you think about market.