BANK NIFTY INTRADAY LEVELS FOR 10/01/2024BUY ABOVE - 47420
SL - 47200
TARGETS - 47600,47780,47930
SELL BELOW - 47200
SL - 47360
TARGETS - 47000,46760,46500
NO TRADE ZONE - 47200 to 47420
Previous Day High - 47930
Previous Day Low - 47200
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
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HAPPY TRADING 👍
Intraday
NIFTY INTRADAY LEVELS FOR 10/01/2024BUY ABOVE - 21610
SL - 21560
TARGETS - 21680,21750,21830
SELL BELOW - 21500
SL - 21560
TARGETS - 21410,21330,21250
NO TRADE ZONE - 21500 to 21610
Previous Day High - 21750
Previous Day Low - 21500
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
EURUSD 9 Jan 2024 W2 - Intraday Analysis - US Trade BalanceThis is my Intraday analysis on EURUSD for 9 Jan 2024 W2 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
NOTE : Nothing changed since yesterday, price still ranging since last Friday NFP and market waiting US CPI on Thursday
4H Chart Analysis
1.
Swing Bullish
INT Bullish
Reached EQ
2.
Price made a bullish BOS and after a BOS we expect a pullback.
After mitigating the Weekly Supply zone, price started the Swing pullback phase after a bearish CHoCH.
Price reached the Swing EQ/Discount, mitigating 4H/Daily demand zones creating Bullish CHoCHs.
Still the OF is bearish within the Swing Pullback phase and the current PA is ranging, but as it's the pullback phase we would expect a Swing bullish continuation from current area or from the Swing extreme.
With the latest Bullish CHoCH, if the demand holds, we could see a Swing continuation to target the current INT High. If it demand fails i would expect price continuing to the Swing extreme.
Lets wait for LTF confirmations and price development.
3.
Swing extreme demand for possible continuation to the upside.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
At Swing Extreme Low
2.
After the recent Bullish BOS price started a series of Bearish INT Structures to facilitate the Swing Pull Back.
3.
INT structure turned Bullish after mitigating the 4H demand zones and reaching the 15m Swing extreme.
The recent break (Fail to close below Swing Low) resulted with another iBOS and formed a fresh 15m/4H Demand zone.
This demand is the last demand zone in order for the 15m Swing to stay bullish. If failed, then we will have a deeper push down and the 4H will have the second view for deep Swing Pullback.
BANK NIFTY INTRADAY LEVELS FOR 09/01/2023BUY ABOVE - 47670
SL - 48560
TARGETS - 47840,48030,48180
SELL BELOW - 47420
SL - 47540
TARGETS - 47200,47000,46760
NO TRADE ZONE - 47420 to 47670
Previous Day High - 48180
Previous Day Low - 47420
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY50 INTRADAY LEVELS FOR 09/01/2024BUY ABOVE - 21610
SL - 21560
TARGETS - 21680,21750,21830
SELL BELOW - 21500
SL - 21560
TARGETS - 21410,21330,21250
NO TRADE ZONE - 21500 to 21310
Previous Day High - 21750
Previous Day Low - 21500
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
EURUSD 8 Jan 2024 W2 - Intraday Analysis - EUR Retail Sales This is my Intraday analysis on EURUSD for 8 Jan 2024 W2 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bullish
INT Bullish
Reached EQ
2.
Price made a bullish BOS and after a BOS we expect a pullback.
After mitigating the Weekly Supply zone, price started the Swing pullback phase after a bearish CHoCH.
Price reached the Swing EQ/Discount, mitigating 4H/Daily demand zones creating Bullish CHoCHs.
Still the OF is bearish within the Swing Pullback phase and the current PA is ranging, but as it's the pullback phase we would expect a Swing bullish continuation from current area or from the Swing extreme.
With the latest Bullish CHoCH, if the demand holds, we could see a Swing continuation to target the current INT High. If it demand fails i would expect price continuing to the Swing extreme.
Lets wait for LTF confirmations and price development.
3.
Swing extreme demand for possible continuation to the upside.
15m Chart Analysis
1.
Swing Bullish
Internal Bullish
At Swing Extreme Low
2.
After the recent Bullish BOS price started a series of Bearish INT Structures to facilitate the Swing Pull Back.
3.
INT structure turned Bullish after mitigating the 4H demand zones and reaching the 15m Swing extreme.
The recent break (Fail to close below Swing Low) resulted with another iBOS and formed a fresh 15m/4H Demand zone.
This demand is the last demand zone in order for the 15m Swing to stay bullish. If failed, then we will have a deeper push down and the 4H will have the second view for deep Swing Pullback.
4.
Potential demand zone within the Swing extreme.
💹 U.S. DOLLAR INDEX next week prevision 💹In the dollar we can see that it has to continue its downward trend at least until it reaches areas between 99,700 and 98,490 minimum to end with the 5 of the Elliot wave since it has not reached 100% of the fibonachi extension of the last reverse wave. It is making a brief correction before going down again to break SL's and go down again as we observe a strong accumulation in the area where it closed last week. As soon as it has touched the 100%-127% zone, the bullish trend will continue since it has to go to areas of 108,200 minimum. In summary go short options in the short term and when you have touched the 100 level great opportunities to go long.
💹 TSLA next week prevision 💹Bearish beginning of the week looking for 100% of movement 3 of the Elliot wave. It can go down to the 231.16 area at least. Afterwards it can have a slight rise looking for movement 4 to 238.85 minimum to continue falling to 225.51 or more. In general bearish trend during this week with few options to go long.
💹 EURUSD next week prevision 💹It could go down to points of 1.08773. If it brakes this floor it could go to areas of 1.08102. If it fails to brake the minimum of 1.08773, it could enter an uptrend to look for movement 3 of the Elliot wave until 1.10016 minimum (100% fibo point of the previous inverse wave), being able to continue rising until the point 1.1039. (127% fibo point), to continue with a retracement of the elliot wave movement 4 to the point 1.09087 (23.6% fibo point) and then go looking for the movement 5. If it goes down enough to break the point from C, we would have new B (1) and new C (2). You have to wait for confirmations by looking at corresponding indicators.
Gapped But Not Forgotten - NIFTYAs I posted earlier in my previous post yesterday, FINNIFTY went to cover the unfilled zone on the marked levels today, successfully hitting the marked zone.
Coming to the chart of NIFTY, it can be seen there are some old dues for this index to clear as well, which can be expected as early as tomorrow since the unfilled zone of 550-480 can be seen just below todays closing which shall see some activity as per previous moves.
The covering of these gaps ups (& downs) has never been more exciting as a options buyer where such sharp moves can be seen forming consecutively.
It is expected that GBPUSD will decrease graduallyThe pair even broke the 100 simple moving average (red, 4-hours). The next major support lies at 1.2610 or the 200 simple moving average (green, 4-hours).
A downside break below the 1.2600 zone could trigger an extended decline. The next major support is 1.2520, below which the pair could decline and test the 1.2450 level. Any further losses could push the pair towards the 1.2300 zone.
On the upside, immediate resistance is near the 1.2680 level. The next key resistance is near the 1.2720 level. A close above the 1.2720 zone could open up more upside opportunities. The next stop for the bulls could be 1.2800.
[INTRADAY] #BANKNIFTY PE & CE Levels(03/01/2024) Today will be gap down opening in BANKNIFTY . After opening if banknifty start trading below 47450 level then possible downside rally of 400-500 points upto 47050 Level & this rally can extend another 400 points if market gives breakdown 46950 level in todays session.Any Major upside only expected in case banknifty starts trading above 47550 level.
Eyeing Potential Buying Opportunity with Bullish Shark PatternFor those eyeing a buying opportunity on GBPUSD, the Bullish Shark Pattern is poised to complete at 1.2707, offering an early potential setup.
Are you inclined to long or short GBPUSD? Share your trade plans or insights regarding the GBPUSD scenario below!
BANK NIFTY INTRADAY LEVELS FOR 29/12/2023BUY ABOVE - 48620
SL - 48470
TARGETS - 48800,49000,49250
SELL BELOW - 48350
SL - 48470
TARGETS - 48200,48030.47820
NO TRADE ZONE - 48350 to 48620
Previous Day High - 48620
Previous Day Low - 48350
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 29/12/2023BUY ABOVE - 21790
SL - 21730
TARGETS - 21860,21930,22000
SELL BELOW - 21680
SL - 21730
TARGETS - 21590,21490,21410
NO TRADE ZONE - 21680 to 21790
Previous Day High - 21790
Previous Day Low - 21680
I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
GBPUSD Technical analysis todayThe UK's economic recovery appears to be slower than that of most G7 partners, with only Germany experiencing a more sluggish recovery. A surprise drop in inflation coupled with signs of an economic slowdown could force the Bank of England to reassess its monetary policy stance in the coming months to support growth.
AUDUSD continues its uptrend intradayAUDUSD surpassed its recent high of 0.6800 last Friday, reaching levels not seen in nearly five months. The initial rise in the Australian dollar was attributed to increased market risk appetite and a decline in the US dollar. Additionally, hawkish sentiment around the RBA supported the Australian dollar.
AUDUSD continues its uptrend intraday. Upward movement underway, starting at 0.6269, likely targeting a previous stop loss of 0.6846 in the near term, followed by the end of the "upward impulse wave" at 0, 6875. The next target, following the "double top" formed in June and July, would be a test of 0.7156.
On the other hand, a correction below the minor support at 0.6723 would initially result in a more prolonged consolidation of upward momentum. However, as long as support at 0.6541 holds, the outlook remains bullish. In terms of trading strategy, one should focus on buying at low prices.
Today's GOLD strategy will decrease to the 2054 area and then reOctober brought a significant turning point for gold as rising geopolitical uncertainty coupled with the prospect of changes to US monetary policy caused spot prices in USD/oz to increase by 7.32% - biggest monthly gain since March 2023. Gold ended the month up 8.76% year to date, while also breaching the psychological US$2000/oz threshold on October 27 for the first time since March Year. October also marked the third consecutive month of losses across global and US stocks - the first since 2020 - with the SP 500® Index and MSCI ACWI Index falling 2.1% and 3%, respectively. 0% in October, despite the US posting a gross domestic product of 4.9%. product growth (GDP) in Q3 2023.
Gold's rally was fueled by increased geopolitical volatility following the October 7 Hamas attack on Israel, with Israel responding by declaring war on Hamas in the Gaza Strip. Market concerns about the potential escalation of this conflict and regional spillovers across the Middle East have boosted risk sentiment and demand for defensive assets such as gold. As geopolitical uncertainty remains high in the Middle East and Ukraine, gold may continue to receive support from portfolio diversification and safe-haven purchases.
The consensus that the Federal Reserve (Fed) was nearing the end of its rate hike cycle solidified in October. After pausing interest rates since the September 20 FOMC meeting, the decision to leave rates unchanged on November 1 for the second straight meeting confirmed market expectations that had boosted gold throughout October. Looking ahead, markets continue to price in a mid-term Fed rate cut 2024, which should support gold prices later in the year.
Analyzing USDJPY price today, please follow my articleUSDJPY surged after falling below the 200-day SMA but encountered strong resistance at the 200-day EMA and recovered some of last week's decline. The Relative Strength Index has recovered from the 30 level, but it is trending sideways and the MACD is rising after falling below the trigger line.
If the upward pressure continues, the price could revisit the previous starting point at 146.60. A break above this area is the starting point for USDJPY's second sell-off and a tightening of the 100-day SMA.
If the bears reappear and the bears attempt to pull back the price, the initial downtrend could stall at the short-term support zone at 141.86 and then at the short-term bottom at 140.90 .
Overall, USDJPY remains in negative medium-term mode after the sharp pullback from 151.91, but it seems to have received enough support. However, with the MACD strengthening in the negative zone, a bullish breakout is more likely. Recommended to buy at a discount.
XAUUSD Strategy to analyze gold price trends todayGold prices (XAU/USD) are on a steady trend, positioned for their best year in the past three years, driven by various global economic factors and geopolitical tensions.
Although spot gold fell slightly early Wednesday, it remained near a two-week high. Gold futures prices, in turn, are rising, making them likely to post strong annual gains. This performance reflects gold's enduring appeal in uncertain times.
It broke above the 2067.00 minor resistance level, which could now act as new support. The next key resistance level is 2149.00. Staying above the key support level of 1987.00 reinforces this bullish sentiment.
Bullish Flag pattern breakout in INFYINFOSYS LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Bullish Flag Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1715+.
✅Can Go Long in this stock by placing a stop loss below 1510-.