NIFTY 18 FEB 2025 - Key Levels
📊 Intraday Key Levels & Market Outlook 🔥
🚀 Current Market Price (CMP): 22,963.50
📈 Bullish Above (Resistance Levels):
🔴 23,037.40 – Key resistance zone, potential rejection area.
🔴 23,127.90 - 23,180.60 – Major resistance, break above could trigger strong bullish momentum.
🔴 23,311.70 - 23,322.65 – Critical supply zone, major breakout level.(IT' PNEED TO TOUCH BUT MAY BE NOT TODAY)
📉 Bearish Below (Support Levels):
🟠 22,835.90 - 22,816.60 (Key Yellow Zone) – This acts as a bullish/bearish pivot:
Above this, buyers may dominate.
Below this, sellers could take control.
🟢 22,665.90 - 22,624.80 – Demand zone, possible bullish bounce.
🟢 22,550.00 (New Support) – Additional key level, could act as strong support if price drops further.
📌 Trading Plan:
🔹 Above 22,835.90 – Bullish bias; look for buying setups.
🔹 Below 22,816.60 – Bearish bias; look for shorting opportunities.
🔹 Breakout traders should wait for confirmation before entering trades.
#Trading #StockMarket #Intraday #PriceAction #TradingView
🚀 Current Market Price (CMP): 22,963.50
📈 Bullish Above (Resistance Levels):
🔴 23,037.40 – Key resistance zone, potential rejection area.
🔴 23,127.90 - 23,180.60 – Major resistance, break above could trigger strong bullish momentum.
🔴 23,311.70 - 23,322.65 – Critical supply zone, major breakout level.(IT' PNEED TO TOUCH BUT MAY BE NOT TODAY)
📉 Bearish Below (Support Levels):
🟠 22,835.90 - 22,816.60 (Key Yellow Zone) – This acts as a bullish/bearish pivot:
Above this, buyers may dominate.
Below this, sellers could take control.
🟢 22,665.90 - 22,624.80 – Demand zone, possible bullish bounce.
🟢 22,550.00 (New Support) – Additional key level, could act as strong support if price drops further.
📌 Trading Plan:
🔹 Above 22,835.90 – Bullish bias; look for buying setups.
🔹 Below 22,816.60 – Bearish bias; look for shorting opportunities.
🔹 Breakout traders should wait for confirmation before entering trades.
#Trading #StockMarket #Intraday #PriceAction #TradingView
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.