? Key Levels: ? Resistance: 23,205 / 23,298 – 23,332 (Last Intraday Resistance) ? Support: 22,970 / 22,873 – 22,893 / 22,660 / 22,508 ? No Trade Zone: 23,049 - 23,103 (Avoid trading inside this range) ? 1️⃣ Gap-Up Opening (100+ points above previous close) If NIFTY opens above 23,205: Watch for rejection at 23,298 – 23,332: If price struggles, consider a short trade with SL above 23,350. Target: 23,205 – 23,100. Sustained breakout of 23,332? Expect bullish momentum. Enter on a retest for targets 23,400 – 23,450. Avoid impulsive longs at open: Wait for price to consolidate before entering trades. ? Pro Tip: If price rejects 23,298, sellers might step in aggressively. Consider buying Put options cautiously. ? 2️⃣ Flat Opening (±50 points from previous close) If NIFTY opens near 23,000 - 23,100: No Trade Zone (23,049 - 23,103): Avoid trading here. Wait for price to break out clearly. Break above 23,103? Expect bullish movement to 23,205. Go long above 23,105 with SL at 23,050. Break below 23,049? Expect downside movement toward 22,970. Short below 23,045 with SL at 23,100. ? Pro Tip: In a flat opening, let price settle before making a decision. Patience pays! ? 3️⃣ Gap-Down Opening (100+ points below previous close) If NIFTY opens near 22,873 or below: 22,873 as support? If price holds, expect a bounce back. Go long above 22,900 with SL at 22,850. Break below 22,873? Next major support is 22,660. Short below 22,870 with SL at 22,950. If price reaches 22,660 and holds, expect a bounce. Look for buying opportunities around this level. ? Pro Tip: In a gap-down, avoid panic trades. Wait for proper confirmation before entering. ⚠️ Risk Management Tips for Options Trading ? Never chase a trade. Let price confirm the level before entering. ? Use stop-losses strictly. Protect your capital at all times. ? Avoid trading in the No Trade Zone. This is where stop-losses get hunted easily. ? Monitor IV (Implied Volatility). If IV is high, options premiums might be inflated. Consider spreads instead of naked options. ? Summary & Conclusion ✅ Key Resistance: 23,205 / 23,298 – 23,332 ✅ Key Support: 22,970 / 22,873 – 22,893 / 22,660 / 22,508 ✅ No Trade Zone: 23,049 - 23,103 ✅ Gap-Up: Watch resistance at 23,298. Breakout = bullish, rejection = short. ✅ Flat Opening: Wait for breakout/breakdown from No Trade Zone before entering. ✅ Gap-Down: 22,873 is crucial. Holding = bounce, breakdown = more downside. ? Stick to the plan, follow discipline, and manage your risks! ⚠ Disclaimer: I am NOT a SEBI-registered analyst. This analysis is for educational purposes only. Trade at your own risk.
SBICARD has been trading within a descending triangle pattern for an extended period, with lower highs and a strong horizontal support. This pattern is typically bearish but can lead to bullish breakouts when resistance is breached, as seen in this case. Breakout Confirmation & Key Levels Resistance Breakout: The stock has successfully broken above the descending trendline resistance, indicating a potential trend reversal. Buying Zone: Above ₹800 – A sustained move above this level confirms the breakout. Stop-Loss Level: Below ₹750 – Any close below this level could invalidate the bullish setup. Target Levels: Initial Target: ₹920+ Projected Target: ₹1100+ (based on pattern height projection)
Trade Outlook: The pair is in an uptrend as price is trading above EMA 21, EMA 50, and MA 20. RSI at 76.29 is in the overbought zone, signaling a potential pullback or reversal. EMA 200 is above the price, suggesting potential resistance ahead. Potential Trade Setups: Trade # 1 Short Trade (Reversal Setup) Entry: 1.48550 - 1.48650 (Wait for rejection at EMA 200) Stop Loss: 1.48800 (Above EMA 200) Take Profit: 1.48200 - 1.48000 (EMA 50 Support) Trade # 2 Long Trade (Trend Continuation) Entry: 1.48200 - 1.48150 (Buy on dip near MA20/EMA21) Stop Loss: 1.48000 (Below EMA 50) Take Profit: 1.48700 - 1.48850 Conclusion: Bullish bias remains, but RSI signals possible short-term pullback. Monitor price action near 1.48550 - 1.48650 for a sell setup. Look for buying opportunities on dips near EMA 21 / MA 20. ? Wait for confirmation before entering a trade! ? leave your comments boys!!!!
The Dow (US30) index price action sentiment appears bullish, supported by the longer-term prevailing uptrend. However, since reaching an all-time high on 04th December 2024 the Dow index price action is consolidating in a sideways trading range. The key trading level is at 44206, which is the current swing low. A corrective pullback from the current levels and a bullish bounce back from the 44206 level could target the upside resistance at 44980 followed by the 44080 and 44200 levels over the longer timeframe. Alternatively, a confirmed loss of 44206 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 44000 support level followed by 43740. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
? Key Levels: ? Resistance: 49,787 / 50,200 / 50,298 ? Support: 49,216 / 48,943 / 48,900 ? No Trade Zone: 49,461 - 49,603 (Avoid trading inside this zone) ? 1️⃣ Gap-Up Opening (200+ points above previous close) If BANKNIFTY opens above 49,787: Watch for rejection at 50,200: If price struggles, take a short trade with SL above 50,298. Target: 49,787 – 49,600. Sustained breakout of 50,200? Expect bullish momentum. Enter on retest for targets 50,298 – 50,450. Avoid impulsive longs at open: Let price stabilize before entering. ? Pro Tip: If price rejects 50,200 after a big gap-up, sellers might take control. Use Put options wisely. ? 2️⃣ Flat Opening (±50 points from previous close) If BANKNIFTY opens near 49,500-49,600: No Trade Zone (49,461 - 49,603) – Avoid trading here. Let price break out. Break above 49,603? Expect bullish move to 49,787. Go long above 49,605 with SL at 49,450. Break below 49,461? Expect downside move toward 49,216. Short below 49,460 with SL at 49,550. ? Pro Tip: In a flat opening, avoid jumping into trades. Let a clear direction emerge. ? 3️⃣ Gap-Down Opening (200+ points below previous close) If BANKNIFTY opens near 49,216 or below: 49,216 as support? If price holds, expect a bounce back. Go long above 49,250 with SL at 49,150. Break below 49,216? Next major support is 48,943. Short below 49,200 with SL at 49,320. If price reaches 48,943 and holds, expect a bounce. Look for buying opportunities. ? Pro Tip: Be careful with aggressive shorts in a gap-down. Wait for confirmation before entering. ⚠️ Risk Management Tips for Options Trading ? Never chase trades. Let price confirm the level before entering. ? Use stop losses strictly. No SL = No trading discipline = Losses. ? Avoid trading in the No Trade Zone. Wait for clear breakout/breakdown. ? If IV (Implied Volatility) is high, premiums might be inflated. Be cautious with buying options. ? Summary & Conclusion ✅ Key Resistance: 49,787 / 50,200 / 50,298 ✅ Key Support: 49,216 / 48,943 / 48,900 ✅ No Trade Zone: 49,461 - 49,603 ✅ Gap-Up: Watch for resistance at 50,200. Breakout = bullish, rejection = short. ✅ Flat Opening: Trade based on breakout/breakdown of No Trade Zone. ✅ Gap-Down: 49,216 is key. Holding = bounce, breakdown = more downside. ? Stick to the plan, be disciplined, and trade wisely! ⚠ Disclaimer: I am NOT a SEBI-registered analyst. This analysis is for educational purposes only. Trade at your own risk.
As in our recent previous commantary we mentioned our selling order which Tp has been hit with 130 pips. What possible scenario do we have? We are still expecting the little correction towards at 2855-2860 if 2880 structural support break 2855-2860 on mark. On the other hand ,for buyers if H4 Candle closes above 2890 our eyes will be again at 2930 structure. Today CPI Fundamental is also on alert ⚠️
Nas will be on bearish from now on wards the reason being it failed to reach 22000 peack
The analysis provided by Brokerir suggests a potential bullish move in USD/CAD from 1.42932 to 1.43455 in the short term. Below is a detailed breakdown of the technical reasoning behind this forecast. Technical Analysis & Chart Structure On the 30-minute chart, we can see that USD/CAD has successfully broken through the 1.42932 resistance level, which has now turned into a support zone. Following this breakout, the price has undergone a minor pullback and is currently stabilizing around 1.42941. This price action indicates a retest of the new support, which could lead to a continuation of the uptrend. MACD Indicator & Bullish Momentum A key factor in this analysis is the MACD (Moving Average Convergence Divergence) indicator, which confirms positive momentum: MACD moving averages are converging, signaling a potential bullish continuation. The MACD histogram is in the positive zone, indicating increased buying pressure. A crossover between the MACD line and the signal line strengthens the bullish outlook. Target Zone: 1.43455 The upside target for this move is 1.43455, which serves as the next key resistance level. This target is based on: A previous resistance zone that played a strong role in past price action. A level aligned with the last significant swing high, where liquidity is likely to be attracted. A potential price reaction once this level is reached, possibly leading to a short-term consolidation or retracement. Conclusion Based on the technical structure, USD/CAD is expected to rise toward 1.43455 as long as the 1.42932 support level remains intact. A sustained break above this level could further strengthen the bullish case. This analysis is provided by Brokerir and represents a professional perspective on the current USD/CAD market conditions.
https://www.tradingview.com/x/AZkTnedR/ My dear friends, Please, find my technical outlook for NZDCHF below: The instrument tests an important psychological level 0.5136 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.5149 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
Today’s “What’s Flowing” highlights shifting market trends across FX, commodities, and indices. The sentiment tags—Bullish, Bearish, or Neutral—provide a high-level view of price action dynamics ? Key Market Sentiment Overview ? Indices & Commodities • US30 (Top Left) – NEUTRAL • Market stalling near 45,000 resistance, awaiting a breakout or rejection. • Crude Oil (CL1! – Top Middle) – NEUTRAL to BULLISH • Bounce from 74–75 zone, indicating potential upside. • Silver (XTIUSD – Top Right) – BULLISH • Strong demand zone holding, buyers stepping in. ? FX Pairs & Crosses • NZD/CHF (Bottom Left) – BULLISH • Momentum building above 0.51, potential for higher highs. • GBP/CHF (Top Right) – BULLISH to NEUTRAL • Buyers struggling near resistance; may consolidate. • GBP/USD (Bottom Right) – BULLISH to NEUTRAL • Long-term uptrend slowing; possible retracement. ? Bearish Signals to Watch • XRB/USD (Top Center) – BEARISH to NEUTRAL • 78 level rejection, but discount zone could attract buyers. • EUR/CAD (Bottom Middle) – BEARISH • 1.48 rejection, potential for further downside. • CAD/JPY (Bottom Center) – BEARISH • Lower highs forming, further downside possible. ? Key Takeaways & Potential Setups ✅ Watch US30 for breakout levels – above 45K is bullish, below 44K bearish. ✅ Crude oil upside trade if 75 holds as support. ✅ NZD/CHF bullish above 0.51 for continuation. ✅ Bearish CAD/JPY setup if resistance holds. #WhatsFlowing #MarketSentiment #Forex #Indices #Commodities