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#NIFTY Intraday Support and Resistance Levels - 20/06/2025A flat opening is expected in Nifty today. After the open, all eyes will be on the 24,700 level, which has acted as a key support zone recently. 🔽 If Nifty starts trading below 24,700, downside momentum may pick up, with potential targets at 24,650 → 24,600 → 24,550-. Sustained weakness below 24,700 could attract short positions. 🔼 On the upside, if Nifty reclaims 24,750–24,800 and sustains, a bullish move may trigger toward 24,850 → 24,900 → 24,950+. However, 24,950 remains a strong resistance area from the past sessions. ⚠️ Strategy Note: Market remains in a range-bound zone; wait for a decisive breakout for positional trades. Use strict stop-losses and manage risk actively. Ideal approach: scalp the range with quick profit booking unless a directional move confirms.
NSE:NIFTY
by TradZoo
Nifty 50 Trapped in a Tight Range – Breakout or Breakdown Ahead?📍 Market Overview: For over a month now, the Nifty 50 Index has been moving sideways in a tight consolidation range, frustrating both bulls and bears. Since May 12, 2025, the index has fluctuated between 24,350 on the lower side and 25,250 on the upper side, forming a classic rectangular pattern often associated with accumulation or distribution phases. This zone is now becoming a crucial battlefield that could define the index’s direction for the coming sessions. 🔲 The Consolidation Zone Support Zone: 24,350 – 24,450 Resistance Zone: 25,150 – 25,250 Consolidation Duration: ~30+ days Current Price: 24,793.25 This range has seen multiple rejections at the top and bottom, reflecting indecisiveness in broader market sentiment. Traders are waiting for a trigger — either fundamental or technical — that could push the index out of this range with strength. 📈 Bullish Scenario: Breakout Above 25,350 If Nifty 50 breaks and sustains above 25,350, especially with higher volume and a strong daily close, it could signal a bullish continuation pattern. This scenario would be supported by: A potential breakout from the rectangle consolidation. Positive sentiment from global markets or domestic catalysts (monsoon, earnings, policy announcements, etc.) A shift in FII or DII buying behavior. 📌 Breakout Target: 👉 26,000 – 26,100 (Based on measured move projection) 📌 Next Resistance Zone: 👉 26,050 – 26,200 In this case, traders may look for long opportunities with trailing stop-losses under the breakout zone. 📉 Bearish Scenario: Breakdown Below 24,350 On the flip side, a decisive breakdown below the 24,350 mark, especially with increased selling pressure and bearish candles, may lead to a quick decline toward the next major support levels. 📌 Breakdown Target: 👉 23,550 – 23,400 📌 Next Support Zone: 👉 23,500 – 23,300 This could trigger panic selling or profit-booking in frontline stocks. Caution is advised in such scenarios, and shorting opportunities may arise for experienced traders. 🧠 Strategic Insights for Traders Avoid trading within the range: Unless you're scalping, wait for breakout/breakdown. Watch global cues and FII flows: They often align with large breakouts. Stick to risk management: Whichever direction the index moves, always set a stop loss. 🚀 Final Thoughts The market is clearly in a wait-and-watch phase, but such consolidation periods often precede large moves. Nifty’s current structure suggests a breakout or breakdown is imminent — and being positioned correctly can make a big difference in returns. Stay alert. Don’t predict — prepare. ⚠️ Disclaimer This article is for educational and informational purposes only and does not constitute financial advice or a recommendation to buy or sell any securities. Trading and investing in the stock market involve risk, including the risk of losing capital. Always conduct your own research or consult with a qualified financial advisor before making any trading decisions. We are not responsible for any losses incurred from decisions based on this analysis.
NSE:NIFTY
by TradZoo
TSLA TO 1600, YOU SAW IT HERE FIRSTHere's the TA that takes Tesla legitimately to 1600. The monthly chart has a trend that is currently acting as support. The price has fallen under that trend. Price action is also over a massive support trend from the weekly chart. These are the two thickest green trends. When you zoom back and look at TSLA as a whole, you see the bigger picture. You have a situation where the low side takes you to around $60 to 70 dollars with a low of around $48. And then you have the high side taking you to around 1600. It sounds like a candidate for a stock reverse split. Essentially, don't miss out on this potential solar data fast car thingy ready to really zoom. Here is the chart with the auto fib numbers showing potential targets. Remember, this likely doesn't occur all in one night, but the projection is really looking like it takes off from earnings. Projection line in yellow. You have an opportunity where short term trends go to a strong long term trend which climbs to a support trend meaning price can literally take off from multiple of these trends meaning, we can price action go from 420 down to 250 and back up to 1600 in less than a year total.
NASDAQ:TSLALong
by nicktussing77
Gold price analysis June 20Daily candle continues to show the dispute while the Sellers are dominating. Today there may be a deep sweep and then recovery at the end of the day. Yesterday and this morning's 3343 zone did not sweep, so we cancel this zone. BUY must wait until below 3323. Note additional daily support at 3296 for today's 2 buy strategies. 3362 gives a SELL Breakout signal in the Asia-Europe session. If Gold closes back above 3362, then BUY will go up to 3400, the target of the two upper resistance zones remains the same as yesterday at 3415 and 3443
OANDA:XAUUSD
by TVS-Trader
[INTRADAY] #BANKNIFTY PE & CE Levels(19/06/2025)Today, a flat opening is expected in Bank Nifty near the 55,800 zone. The index has been moving within a defined range for the past few sessions, and there are no major changes in yesterday’s key levels. 🔼 If Bank Nifty sustains above 55,550–55,600, it may show bullish momentum toward 55,750 → 55,850 → 55,950+. A breakout above 56,050 could lead to further upside toward 56,250 → 56,350 → 56,450+. 🔽 However, if the index fails to hold above 55,900–55,950 and starts reversing, a short opportunity may arise toward 55,750 → 55,650 → 55,550-. Sustained selling below 55,450 can drag the index down to 55,250 → 55,150 → 55,050-. ⚠️ Note: The market is still in a consolidation phase, so false breakouts are possible. Stick to levels, wait for confirmation, and use strict stop-losses with trailing targets to manage risk effectively.
NSE:BANKNIFTY
by TradZoo
DESTINI - MARK UP PHASE STARTS ?DESTINI - CURRENT PRICE : RM0.400 DESTINI broke above resistance on 12 JUNE 2025 with burst in trading activity. It was the BREAKOUT of ACCUMULATION PHASE and 52 Week High. Today (19 June 2025) the stock touched RM0.380 and reversed back to close higher at RM0.400 - indicating a lot of buying interest near the support level RM0.375 (previously resistance and now become strong support). This is an early stage of an uptrend and is a good opportunity to buy near support level. ENTRY PRICE : RM0.380 - RM0.400 TARGET : RM0.450 and RM0.490 SUPPORT : RM0.375
MYX:DESTINILong
by IMRAN_96
#NIFTY Intraday Support and Resistance Levels - 19/06/2025Today, a flat opening is expected in Nifty around the 24,800 level. The index continues to trade within a narrow range, indicating market indecision and potential consolidation. 🔼 On the upside, if Nifty sustains above the 24,750–24,800 zone, it may trigger a bullish move toward 24,850 → 24,900 → 24,950+. Sustained strength above 24,950 can further open room for a breakout. 🔽 On the downside, if the index slips below 24,700, a short opportunity may arise toward 24,650 → 24,600 → 24,550-. Breach of 24,550 could lead to deeper correction. ⚠️ Key Notes: The market is likely to remain range-bound and volatile. Reversals from resistance and support levels are possible. Trade with a strict stop loss and manage positions actively.
NSE:NIFTY
by TradZoo
EUR/CHF Parallel Channel Breakout WatchThe EUR/CHF pair has been trading within a well-defined parallel channel on the 1-hour timeframe. The price action is contained between a strong resistance zone near 0.9420–0.9425 (marked in red) and a support zone near 0.9365–0.9370 (marked in green). Multiple rejections from both the top and bottom of the range indicate solid market structure and participation from both buyers and sellers. This type of formation often leads to explosive moves when the price eventually breaks out of the consolidation range. The current chart shows price testing the upper boundary of the channel once again, and now attempting a bullish breakout. 📈 Bullish Breakout Scenario If the price sustains above the resistance zone (confirmed breakout), we could see a continuation of bullish momentum toward the projected breakout target near 0.9475. This target is calculated using the height of the channel added to the breakout level, a classic price projection method. A strong candle close above the resistance with volume would validate this move. Traders may look for long entries on breakout confirmation or on a successful retest of the resistance zone as new support. 📉 Bearish Reversal Scenario However, if the breakout fails and price gets rejected again from the red zone, a sharp reversal back toward the support zone around 0.9370 may occur. This would keep the channel intact and suggest continued range-bound movement. A breakdown below support would then be required for further bearish confirmation, leading toward deeper downside targets. This setup provides a high-probability opportunity in either direction with clearly defined levels and structure. Wait for breakout confirmation before entering to avoid false moves. ================================================================= Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. =================================================================
by TradZoo
Gold Trading Strategy June 19Yesterday's D1 candle confirmed the Sell side after the FOMC announcement. Today's Asian session had a push but the European and American sessions are likely to sell again. 3366 will be an important breakout zone today, if broken through, the Sell side will continue to be strong and push the price deeper and limit buying when breaking this 3366 zone. 3344 is the first target, it is difficult for gold to break this zone but if it breaks right away, wait below 3296 to BUY for safety. Before that, pay attention to another support zone 3322. 3400 is the Breakout border zone from yesterday to today but gold has not broken it yet. To SELL this zone, you must also wait for the confirmation of the candle, but if you want to wait for a better SELL, you must wait for 3415 or wait at the ATH peak 3443. However, if it breaks 3400, waiting for a Buy test will be quite nice. Support: 3343-3322-3296 Resistance: 3415-3443 Break out zone: 3366-3400
OANDA:XAUUSD
by VHT_Trader
1
[INTRADAY] #BANKNIFTY PE & CE Levels(20/06/2025)Today, a flat opening is expected in Bank Nifty, with price action likely to begin around 55,500 levels. There are no major changes in the key levels compared to yesterday, and the market has remained in a consolidation phase. 🔽 If Bank Nifty starts trading below 55,450, it may trigger further downside toward 55,250 → 55,150 → 55,050-. This zone has acted as intraday support recently. 🔼 On the other hand, a move above 55,550–55600 may lead to upward momentum toward 55,750 → 55,850 → 55,950+. A breakout above 56,050 could open the path toward 56,250 → 56,350 → 56,450+. ⚠️ Key Takeaways: Consolidation continues, so avoid aggressive positions until a breakout occurs. Watch for range breakouts above 56,050 or below 55,450 for directional moves. Use tight stop-losses and trail profits smartly to protect against volatility spikes.
NSE:BANKNIFTY
by TradZoo
Nasdaq - This starts the next +50% rally!Nasdaq - TVC:NDQ - might break out soon: (click chart above to see the in depth analysis👆🏻) Despite the quite harsh correction of about -25% which we saw in the beginning of 2025, the Nasdaq is clearly heading for new all time highs. It sounds almost incredible but if the Nasdaq breaks above the current confluence of resistance, a breakout rally of +50% will follow thereafter. Levels to watch: $21.500, $33.000 Keep your long term vision! Philip (BasicTrading)
TVC:NDQLong
by basictradingtv
24
Amd - This is just the beginning!Amd - NASDAQ:AMD - perfectly plays out: (click chart above to see the in depth analysis👆🏻) Despite the harsh drop of about -65% which we have been witnessing starting back in 2024, Amd remains bullish. Just three months ago, Amd retested a textbook confluence of support. We saw bullish confirmation, the bottom is in and Amd will rally significantly from here. Levels to watch: $200, $300 Keep your long term vision! Philip (BasicTrading)
NASDAQ:AMDLong
by basictradingtv
5
AUD/USD Descending Triangle Setup – Support Retest in FocusThe AUD/USD pair is currently forming a descending triangle pattern, a common bearish continuation structure where price makes lower highs while holding above a horizontal or slightly rising support level. This setup indicates increasing selling pressure at lower resistance levels (highlighted with red arrows and trendlines), while buyers are consistently defending the green support zone around 0.6475–0.6485. So far, the price has been rejected multiple times from the descending resistance line, confirming seller dominance. At the same time, it has found buying interest at support, forming a tight range where a breakout or breakdown is likely to occur soon. 🔽 Current Price Action & Outlook The latest price structure shows a potential lower high forming, suggesting another move downward toward support. If the pair revisits the support zone once again, it will be a critical retest, and the market could either: Bounce from support, continuing the sideways structure within the triangle, or Break down below the green trendline, triggering a bearish continuation. Until the support breaks, the market remains range-bound inside the triangle, offering short-term trade setups between support and resistance. 🎯 Strategy Notes Short-Term Idea: Sell near resistance (~0.6525–0.6535), buy near support (~0.6475–0.6485) Breakout Traders: Wait for a confirmed breakout of either boundary with volume before entering Invalidation: A strong breakout above the red descending trendline may invalidate the bearish structure This is a neutral-to-bearish setup with a potential for breakout in either direction. Patience is key for waiting on confirmation. ================================================================= Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. =================================================================
by TradZoo
Trading strategy june 18Yesterday's D1 candle was a Doji candle. It shows the hesitation of buyers and sellers at the price near ATH. The h4 structure is a sustainable bullish wave structure and is heading towards higher hooks. The 3400 zone is the immediate resistance zone that Gold is heading towards. This zone will be the breakout zone for the confirmation of the candle closing above 3400. The profit-taking reaction zone of sellers at 3415 acts as a price reaction when the price uptrends again and creates momentum towards 3443. On the opposite side, the breakout point of 3472, if broken, will push the price to the support zone of 3342 Break out zone: 3400; 3372 Resistance: 3415; 3443 Support: 3343
OANDA:XAUUSD
by VHT_Trader
1