Good Evening Traders, Due to busy schedule we were not able to post Nifty intraday setup regularly but we will try to start posting Intraday ideas again. On Thursday, Nifty opened with a gap-down due to fall in US markets on Wednesday but Nifty formed a double bottom around 21800 and is currently bullish so we saw good short-covering rally from 23330 to 23870. Tomorrow, buy Nifty if sustains above 23870 for the targets of 23950 and above marked level. On the other side, sell if Nifty sustains above 23770 for the targets of 23680 and below marked level on the chart. Expectations: Buy on dips in Nifty Intraday Levels: Buy Above - 23870 Sell Below - 23770 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
Our analysis is based on multi-timeframe top-down analysis & fundamental analysis. Based on our view, the price will fall to the monthly level. DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you. Please support our analysis with a like or comment!
I think Almost finfish the correction waves and we have plenty bullish target rooms.
PPL PHARMA MTF MTF-Zone TREND MTF Analysis Logic Proximal HTF Yearly UP PPL PHARMA Yearly Demand DBR 143 HTF Half-Yearly UP PPL PHARMA 6 Month Demand RBR 167 HTF Qtrly UP PPL PHARMA Qtrly Demand BUFL RR 167 HTF Average UP 159 MTF Monthly Down PPL PHARMAMonthly Demand BUFL 194 MTF Weekly Down PPL PHARMAWeekly Demand BUFL 194 MTF Daily Down PPL PHARMADaily Demand DMIP DMIP 187 MTF Average UP 192 ITF 240M Down PPL PHARMA 240Mn Demand DMIP 189 ITF 180M Down PPL PHARMA 180 Mn Demand DMIP 213 ITF 60M Down PPL PHARMA 60 Mn Demand DMIP 213 ITF Average UP 205 Trade Plan BUY PPL PHARMA ENTRY-1 Entry-1 213 Entry-2 187 SL 185 RISK 29 REWARD 126 Target as per Entry 339 RR 4.4 Last High 307 Last Low 181
It’s the kind of question that gets a few smirks, sure. But when it comes to backtesting trading strategies, it’s not a joke, it’s the difference between confidence and false hope. Let’s get real for a minute: the size of your candles absolutely matters. What you don’t see can hurt you Most people start testing on bigger timeframes. It’s faster, easier on the eyes, and the results look clean. But clean doesn’t mean correct. Larger candles blur the details. That one nice-looking 4-hour candle? Inside, price could’ve spiked, reversed, chopped around, or triggered your stop before closing where it did. You’d never know. And that’s the problem. You might think your entry worked beautifully… but only because the data smoothed out everything that actually happened. A backtest should feel like a real trade Trading isn't just about the final price. It’s about what price does to get there. That messy movement inside the candle? That’s where most trades are made or broken. If your strategy is even remotely reactive, waiting for structure, confirmation, retests, or anything time-sensitive, you need to see what price did between the open and close. And the only way to see that? Use smaller candles. Smaller data, clearer picture 1-minute candles might look overwhelming at first, but they give you something the higher timeframes just can’t: behavior. Not just outcomes. Not just win/loss stats. But the actual shape of the move, the hesitation, the fakeouts, the precise moment when the trade made sense—or didn’t. And once you start testing with that level of detail, your strategy either earns your trust… or shows its cracks. So how small should you go? There’s no one-size-fits-all here. But as a general rule: if your idea relies on precision, go small. Test it on 1-minute or 5-minute charts, even if you plan to execute on higher timeframes. You’ll quickly see if the entry makes sense, or if you’ve been relying on candle-close hindsight. Yes, it takes longer. Yes, you’ll stare at noisy charts for hours. But your strategy will thank you. Watch out for “too good to be true” One last thing, if your backtest results look flawless on 1h or 4h candles, pause. That’s often a sign that you’re testing a story, not a strategy. Zoom in. See what actually happens. You might be surprised at how different the same trade looks when you’re not glossing over the details. TL;DR: In backtesting, size absolutely matters. Smaller candles reveal real behavior. Bigger ones hide the truth. So if you care about how your strategy actually performs not just how it looks. go smaller. Your backtesting will get sharper, and your confidence? Way more earned.
Currently, this is one of the coins that has dropped the most. The highlighted box should act as a support zone, with bullish divergence showing on the RSI for the 5min, 15min, and 1h charts. A strong retracement is possible, but I plan to take profits quickly. Will put orders at 0.3987 .
Watch eurusd at the weekly imbalance for longing opportunities, also consider 4hr shift in structure before taking your trades. Good Luck.
?? Nifty Weekly Wrap – 3rd Week of April ’25 ? Bulls Charge Ahead – A 1,000+ Point Weekly Rally! ? Market Recap What a week! Nifty 50 delivered a massive +1023 point gain – up 4.4% on a weekly closing basis – breaching the crucial 23,800 level and closing strong. The rally was powered by a duo of positive triggers: ✅ Tariff relief ✅ Cooling inflation This combination boosted sentiment and attracted strong institutional buying across the board. ? Technical Overview Weekly & Monthly Candles: Bullish ✅ PCR Ratio: At 1.15, signaling a bullish tilt RSI: Holding steady at 54 – trend and momentum both aligned 200 SMA on Daily Chart: At 24,050 – a crucial level to watch. ? A breakout and close above this may trigger fresh buying and a possible shift in long-term sentiment. ? Bank Nifty Leadership Bank Nifty almost hit its all-time high, clearly outperforming Nifty this week. The rally wasn’t limited to just PSU or private players – both segments showed strong participation, giving more legs to this uptrend. ? Key Bank Nifty Level: ➡️ As long as 52,000 holds, the uptrend structure remains intact. ? Volatility Update – India VIX India VIX cooled off by a sharp 24%, settling near 15 – further reinforcing the low fear + high confidence mood in the market. ? Market Sentiment Snapshot Everything is aligning for the bulls: ✅ Sectoral rotation ✅ Robust earnings ✅ Institutional buying ✅ Easing macro concerns ? Momentum is real, and as long as levels hold, dips might continue to be bought. ? Key Levels to Watch (Nifty) ? Resistance Zones ▶️ 24,050 (200 SMA – critical level) ▶️ 24,190 ~ 24,225 ▶️ 24,450 ? Support Zones ▶️ 23,820 ▶️ 23,660 ~ 23,710 ▶️ 23,400 ▶️ 23,200 ? Strategy Heading into Next Week ? Stay with the trend, but don’t get complacent. ? Watch for a clean breakout above 24,050 with volume – it could set the tone for a fresh leg higher. ? On the downside, 23,660–23,820 is a key demand zone to track. Let the structure develop – no need to predict every move. Follow price, stay flexible.
Due to the influence of Easter, the market was closed on Friday this week. After hitting a high of 3357, gold also ushered in a short-term adjustment! In the previous interpretation, we also emphasized to everyone that after hitting a new high, we should guard against the pullback caused by profit-taking. Especially at the critical time point when the market is about to close, but this does not mean the end of the bullish trend. After the sharp rise in gold, although there is selling pressure, gold still rose by 2.5% this week and closed above 3300. So how should we trade gold next week? The biggest driving factor for the rise in gold prices this time is Trump’s repeated tariff policy, coupled with the recent tense geopolitical situation, and the pace of global central banks buying gold. In the medium and long term, it is still a driving force for gold to rise. Short-term operation: Pay attention to the first support level, which is 3310, which has been touched many times. Short-term key support below: 3285-90 Short-term focus on high points above: 3340-45 If the breakthrough accelerates to the historical high point, everyone should be cautious in chasing more!
Weekly Analysis for GBP/USD ? Technical Outlook by Shaker Trading ✅ Reasons for the Bullish Outlook: Upward Price Channel (Weekly Chart): The pair is moving inside a strong ascending channel, confirming a longer-term bullish trend. Strong Bullish Momentum: Price action is showing clear bullish strength, with higher highs and higher lows. Fresh Demand Zones Identified: Multiple demand zones have formed, offering strong support areas for potential buy setups. ? Trading Idea: We expect a correction from current levels toward one of the nearby demand zones, followed by a bullish continuation. The area around 1.2700–1.2800 could offer ideal buy opportunities for swing traders aiming for higher targets. ? Copy Trading for Free Join our Copy Trading system and follow top-performing strategies – absolutely free. No commissions, no subscriptions.