[INTRADAY] #BANKNIFTY PE & CE Levels(26/02/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 46950 level then possible downside rally of 400-500 points upto 46550 Level & this rally can extend another 400 points if market gives breakdown 46450 level in todays session.Any Major upside only expected in case banknifty starts trading above 47050 level.
Intraday
XAU/USD 26-02 Feb/ 01 March 2024 Weekly AnalysisWeekly Analysis:
Outlook and bias for this coming week remains unchanged.
-> Swing: Bullish.
-> Internal: Bearish.
-> Did not reach EQ.
Price has not yet reached 50% EQ. Price remains in pullback phase in the premium swing/internal, therefore, I will still be looking to looking to short.
Bullish pullback following bearish iBOS now most likely complete and will target weak internal low.
Bearish CHoCH will be the first indication that sweep of liquidity of internal high is confirmed bearish swing pullback has initiated (highlighted with dotted horizontal line)
As mentioned last week, request to LTF's would be to shift bearish to facilitate bearish pullback.
Anticipate structure to indicate start of pullback phase once price prints CHoCH.
Weekly Chart:
Daily Analysis:
Bias has remained unchanged since last week:
-> Swing: Bullish.
-> Internal: Bullish
-. Sub-Internal -. Bearish
-> Has reached EQ.
Price has failed to close above strong internal high whereby we are now in premium EQ of the internal range.
Price remains, as last week, to be trading within internal high and low.
I have now mapped sub-internal structure in red to gain a micro-view of the Daily Timeframe where price has printed a bearish iiBOS followed by a bullish iCHoCH.
Following Sub-Internal structure bearish iiBOS we are now seeing a bullish pullback.
Price could potentially continue to trade bullish where I would expect to see strong high not being breached, react at strong high before targeting weak internal low.
Daily Chart:
H4 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
-> Sub-Internal: Bullish.
-> Has reached EQ.
I have marked sub-internal in red due to the significant range of the internal structure.
Price has printed a bullish sub-internal iiBOS. which indicates that we are still in the pullback phase of the internal structure.
We now seem to be in the pullback phase of the iiBOS.
Price is reacting to the 50% EQ of the swing range, which is indicated in black.
Current expectation, is for price to target weak internal low. A good indication that pullback phase of the internal structure is completed is once price breaks and closes below sub-internal structure low to target the weak internal low.
Price could possibly continue bullish, react at H4 POI before continuing bearish move.
H4 Chart:
S&P 500 INTRADAY LEVELS FOR 23/02/2024BUY ABOVE - 5094
SL - 5079
TARGETS - 5108,5120,5135
SELL BELOW - 5079
SL - 5094
TARGETS - 5067,5057,5047
NO TRADE ZONE - 5079 to 5094
Previous Day High - 5094
Previous Day Low - 5039
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 👍
XAU/USD 23 Feb 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
-> Has reached EQ.
Price has printed a bearish iBOS. Internal range established.
Bullish pullback currently underway indicated by bullish CHoCH.
Intraday expectation is for price continue bullish, react at 50% (preferably within premium zone) or react at M15 POI as both are positioned nearby.
Price to then continue bearish to target weak internal low.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bearish.
-> Has reached EQ.
Price has printed a bearish iBOS. Internal range established.
Bullish pullback currently underway indicated by bullish CHoCH.
Intraday expectation is for price continue bullish, react at 50% (preferably within premium zone) or react at M15 POI as both are positioned nearby.
Price to then continue bearish to target weak internal low.
M15 Chart:
EURUSD 23 Feb 2024 W8 - Intraday Analysis - German GDP/IFOThis is my Intraday analysis on EURUSD for 23 Feb 2024 W8 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bearish
INT Bullish
Swing Pullback Phase
2.
After a BOS and iBOS we expect a Pullback.
As expected after the Bullish CHoCH and mitigation of 4H/Daily Demand zones, we initiated the INT Structure Pullback.
Price reached the 4H/Daily Supply and from there we could start the bearish continuation.
Price failed to continue the bearish move and as expected it changed bullish and created iBOS confirming Swing Low and Bearish Swing Pullback Phase started.
3.
After Bullish iBOS confirming Swing Pullback Phase started, We are expecting INT Pullback.
Price reached the 4H Supply as expected and showed solid reaction from there. This reaction is starting the Bullish INT Structure Pullback.
We didn't do a Bearish CHoCH to confirm INT High yet. So, there is a probability that price could tap into the CHoCH.
Also we tapped into a Daily Demand (Not a HP zone) which is currently containing price.
As the 4H Swing is bearish, the Swing pullback could be done after reaching the 4H Supply, Bearish CHoCH will be the initial weak conformation and a Bearish iBOS will be the solid confirmation for that scenario.
Other scenario is a deeper Swing Pullback and 4H INT will stay Bullish to facilitate that view.
15m Chart Analysis
1.
Swing Bullish
INT Bullish
INT Continuation Phase
2.
Swing turned bullish to facilitate the 4H Swing Pullback.
After BOS we expect a pullback. No HTF POI price tapped into yet to start the pullback.
Price reached the 4H Supply as expected and from there started the 15m INT Structure Pullback.
We reached the INT Structure extreme and price started a bounce.
Still we are in Bearish Fractal and the CHoCH is high and this will lead to 2 scenarios,
Scenario 1: Price respecting the 15m INT Structure and continue up.
Scenario 2: Price will target the 4H CHoCH (15m INT Low) initiate a move to the up side from the 4H Demand. (Bearish iBOS, 4H Demand will initiate a Pullback)
3.
15m/4H Demand to initiate a bullish continuation after sweeping the 4H LIQ (CHoCH) if we didn't confirm Bearish 15m iBOS.
If Bearish iBOS confirmed, it will be risky and the 4H Demand will provide imo a pullback only.
Waiting for more price development.
NIFTY 50 23 FEB 24 (INTRADAY)1.Yesterday nifty closed extremely bullish and today opened gap up above previous 2 days high , so this high area will act as support and nifty may start going up from this area, so one can long in intraday for at least 100 points in nifty.
2. Global markets are also bullish.
3. Bank Nifty & Fin Nifty is also strong.
Support Zone Nifty 50- 22217-22250
Upside target in intraday 22350-22400.
NIFTY INTRADAY LEVELS FOR 23/02/2024BUY - 22250
SL - 22170
TARGETS -22300,22350,22400
SELL - 22170
SL - 22250
TARGETS - 22120,22070,22020
NO TRADE ZONE - 22170 to 22250
Previous Day High - 22250
Previous Day Low - 21890
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 👍
BANK NIFTY INTRADAY LEVELS FOR 23/02/2024BUY - 47080
SL - 46900
TARGETS - 47360,47600,47750
SELL - 46900
SL - 47080
TARGETS - 46700,46450,46300
NO TRADE ZONE - 46900 to 47080
Previous Day High - 47080
Previous Day Low - 46450
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 👍
EURUSD 22 Feb 2024 W8 - Intraday Analysis - EU CPI / US JoblessThis is my Intraday analysis on EURUSD for 21 Feb 2024 W8 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bearish
INT Bullish
Swing Pullback Phase
2.
After a BOS and iBOS we expect a Pullback.
As expected after the Bullish CHoCH and mitigation of 4H/Daily Demand zones, we initiated the INT Structure Pullback.
Price reached the 4H/Daily Supply and from there we could start the bearish continuation.
Price failed to continue the bearish move and as expected it changed bullish and created iBOS confirming Swing Low and Bearish Swing Pullback Phase started.
3.
After Bullish iBOS confirming Swing Pullback Phase started, We are expecting INT Pullback.
Price managed to tap into the previous Bearish INT Structure range which acted as a Sell to Buy Range (Demand Range) and price bounced and imo in the direction to target the 4H Supply Zones.
Still Bullish momentum of the pullback is intact and continuation up to 4H Bearish Swing EQ is a HP.
15m Chart Analysis
1.
Swing Bullish
INT Bullish
INT Continuation Phase
2.
Swing turned bullish to facilitate the 4H Swing Pullback.
After BOS we expect a pullback. No HTF POI price tapped into yet to start the pullback.
Most probably price will continue bullish till the 4H Supply zone.
Bearish iBOS will confirm 15m Swing High and Start of Swing Pullback.
Continuing my bullish Bias on EURUSD till we reach the 4H Swing EQ/HP Supply zones.
[INTRADAY] #BANKNIFTY PE & CE Levels(22/02/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47050 level then possible upside rally of 400-500 points upto 474550 level & this rally can extend another 400 points if market gives breakout 47550 level in todays session .Any Major downside only expected in case banknifty starts trading below 46950 level.
BANK NIFTY INTRADAY LEVELS FOR 22/02/2024BUY ABOVE - 47130
SL - 47000
TARGETS - 47360,47600,47750
SELL BELOW - 46900
SL - 47130
TARGETS - 46700,46500,46300
NO TRADE ZONE - 46900 to 47360
Previous Day High - 47360
Previous Day Low - 46900
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 22/02/2024BUY ABOVE - 22120
SL - 22070
TARGETS - 22170,22250,22300
SELL BELOW - 22020
SL - 22070
TARGETS - 21960,21890,21850
NO TRADE ZONE - 22020 to 22120
Previous Day High - 22250
Previous Day Low - 22020
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 👍
XAU/USD 21 Feb 2024 Intraday AnalysisH4 Analysis:
-> Swing: Bullish.
-> Internal Bearish.
-> Has reached EQ.
Price has printed a bearish iBOS followed by a bullish CHoCH which is the first structural indication that pullback following bearish iBOS has initiated.
Price is currently under the pullback phase of the bearish iBOS.
Current expectation, await bearish price action to confirm bullish pullback is complete for price to target weak internal low.
First structural confirmation that pullback is complete would be for price to print a bearish CHoCH.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
-> Has reached EQ.
Price has printed a further bullish iBOS. Internal range established.
Price has printed a bearish iBOS. The structural nature of the bearish iBOS, is, compared to recent price action, smaller, therefore, I have classified this structure as sub-structure to the internal structure and will continue to monitor.
Intraday expectation is for price to continue bullish to target weak internal high.
M15 Chart:
S&P 500 INTRADAY LEVELS FOR 21/02/2024 BUY ABOVE - 4980
SL - 4968
TARGETS - 4992,5000,5008
SELL BELOW - 4968
SL - 4980
TARGETS - 4958,4948,4940
NO TRADE ZONE - 4968 to 4980
Previous Day High - 4992
Previous Day Low - 4958
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 👍
EURUSD 21 Feb 2024 W8 - Intraday Analysis - EU Conf. US FOMCThis is my Intraday analysis on EURUSD for 21 Feb 2024 W8 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bearish
INT Bullish
Swing Pullback Phase
3.
After Bullish iBOS confirming Swing Pullback Phase started, We are expecting INT Pullback.
We are currently within a previous Daily Supply that is partially mitigated but with the current Bullish momentum an INT Pullback most probably will start from the 4H Supply/Swing EQ based on the LIQ on the left.
2.
After a BOS and iBOS we expect a Pullback.
As expected after the Bullish CHoCH and mitigation of 4H/Daily Demand zones, we initiated the INT Structure Pullback.
Price reached the 4H/Daily Supply and from there we could start the bearish continuation.
Price failed to continue the bearish move and as expected it changed bullish and created iBOS confirming Swing Low and Bearish Swing Pullback Phase started.
15m Chart Analysis
1.
Swing Bullish
INT Bullish
INT Pullback Phase
2.
Swing turned bullish to facilitate the 4H Swing Pullback.
After BOS we expect a pullback. No HTF POI price tapped into yet to start the pullback.
Most probably price will continue bullish till the 4H Supply zone.
Bearish iBOS will confirm 15m Swing High and Start of Swing Pullback.
Continuing my bullish Bias on EURUSD till we reach the 4H Swing EQ/HP Supply zones.
[INTRADAY] #BANKNIFTY PE & CE Levels(21/02/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47050 level then possible upside rally of 400-500 points upto 474550 level & this rally can extend another 400 points if market gives breakout 47550 level in todays session .Any Major downside only expected in case banknifty starts trading below 46950 level.
Descending Triangle pattern breakout in INDIGOINTERGLOBE AVIATION LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Descending Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 3240+.
✅Can Go Long in this Stock by placing a stop loss below 3040-.
EURUSD 20 Feb 2024 W8 - Intraday AnalysisThis is my Intraday analysis on EURUSD for 20 Feb 2024 W8 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m - Scenario 1
15m - Scenario 2
4H Chart Analysis
1.
Swing Bearish
INT Bearish
INT Pullback Phase
2.
After a BOS and iBOS we expect a Pullback.
As expected after the Bullish CHoCH and mitigation of 4H/Daily Demand zones, we initiated the INT Structure Pullback.
Price reached the 4H/Daily Supply and from there we could start the bearish continuation.
Also be mindful that there is also a pullback required for the 4H Swing so there is a HP if price going to stay bullish we will take the Strong INT High.
Bullish iBOS will signal a Swing Pullback.
15m Chart Analysis - Scenario 1
1.
Swing Bearish
INT Bearish
Swing Bearish Continuation Phase
2.
Price is at the 15m Swing Extreme, mitigating the 4H Supply.
As the Swing is Bearish, expectations is set to continue Bearish.
Price created a Bearish iBOS signaling that that the Swing Pullback is over and we started the Swing Bearish Continuation Phase to target the Swing Low.
But also be mindful that the 4H Swing Pullback still required so there is a HP that we may take the 15m Swing High.
3.
15m/4H Demand zones that can provide only reaction and not a buy opportunity.
15m Chart Analysis - Scenario 1
1.
Swing Bearish
INT Bullish
INT Pullback Phase
2.
Price is at the 15m Swing Extreme, mitigating the 4H Supply.
As the Swing is Bearish, expectations is set to continue Bearish.
Price created a Bearish INT to INT structure and tuned bearish to facilitate the INT Structure Pullback. As the INT is Bullish there is a HP we are going to target the Swing High.
Bearish iBOS will signal that the Swing Pullback Phase is over and we are starting the Swing Bearish continuation Phase.
But also be mindful that the 4H Swing Pullback still required so there is a HP that we may take the 15m Swing High.
3.
15m/4H Demand zones that can provide only reaction and not a buy opportunity.
XAU/USD 19 Feb 2024 Intraday AnalysisH4 Analysis:
Analysis/expectation remains the same as weekly analysis posted on 18/02/2024)
-> Swing: Bullish.
-> Internal Bearish.
-> Has reached EQ.
Price has printed a further bearish iBOS followed by a bullish CHoCH which is the first structural indication that pullback following bearish iBOS has initiated.
Expectation dated 16/02/2024 was for price to continue bullish and react at H4 POI or 50% EQ which price did and currently doing.
Current expectation, await bearish price action to confirm bullish pullback is complete for price to target weak internal low.
First structural confirmation that pullback is complete would be for price to print a bearish CHoCH.
H4 Chart:
M15 Analysis:
-> Swing: Bullish.
-> Internal: Bullish.
-> Has reached EQ.
Price has printed a bullish iBOS. Internal range following bearish CHoCH is now established.
Expectation following iBOS is for price to pullback after reaction from a POI which is currently underway.
Current expectation is for price to continue bearish and react at 50% EQ or M15 POI.
M15 Chart:
EURUSD 19 Feb 2024 W8 - Intraday AnalysisThis is my Intraday analysis on EURUSD for 19 Feb 2024 W8 based on Smart Money Concept (SMC) which includes the following Time Frames:
4H
15m
4H Chart Analysis
1.
Swing Bearish
INT Bearish
INT Pullback Phase
2.
After a BOS and iBOS we expect a Pullback.
As expected after the Bullish CHoCH and mitigation of 4H/Daily Demand zones, we initiated the INT Structure Pullback.
Price reached the 4H/Daily Supply and from there we could start the bearish continuation.
Also be mindful that there is also a pullback required for the 4H Swing so there is a HP if price going to stay bullish we will take the Strong INT High.
Bullish iBOS will signal a Swing Pullback.
15m Chart Analysis
15m Chart 1
15m Chart 2
1.
Swing Bearish
INT Bullish
Swing / INT Pullback Phase
Swing Extreme
2.
Price is at the 15m Swing Extreme, mitigating the 4H Supply.
As the Swing is Bearish, expectations is set to continue Bearish. Bearish iBOS will be the signal that the Swing Pullback is over and we may start the Bearish 15m Swing Continuation Phase.
But also be mindful that the 4H Swing Pullback still required so there is a HP that we may take the 15m Swing High.
3.
15m/4H Demand zones that can provide only reaction and not a buy opportunity.
#NIFTY Intraday Support and Resistance Levels -19/02/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 22060 level and then possible upside rally up to 22180 level in today's session. in case nifty trades below 22010 level then the downside target can go up to the 21890 level.