[INTRADAY] #BANKNIFTY PE & CE Levels(08/04/2025)Today will be gap up opening expected in banknifty near 50500 level. After opening if banknifty starts trading above 50550 level then expected upside rally upto 50950 level in today's session. 50950 will act as a strong resistance. Bullish movement can reversal from this level. In case banknifty starts trading below 50450 then possible further sharp downside rally upto 50050 and this can extend upto 49550 level if index gives breakdown of 50000 level and starts trading below 49950.
Priceactionanalysis
#NIFTY Intraday Support and Resistance Levels - 07/04/2025Strong gap down opening expected in nifty near 22050 level. After opening if nifty sustain above 22050 level and gives reversal then expected some correction rally upto 22450 level. This level will act as a strong resistance for today's session. Any bullish side rally can reverse from this level. Downside in case nifty gives breakdown of 22000 level and starts trading below 21950 then expected sharp downside upto 21550 level in today's session.
[INTRADAY] #BANKNIFTY PE & CE Levels(07/04/2025)Today will be huge gap down opening expected in banknifty near 1500+ points downside possible. Possible banknifty will open near 49750 level in today's session. After opening if any correction can reverse from 50450 level. Downside next support for banknifty is near 49550 level. If banknifty not hold this support level and starts trading below 49450 level then expected further selling and downside movement in index for 700-1000+ points upto the 48550 level.
#NIFTY Intraday Support and Resistance Levels - 04/04/2025Gap down opening expected in nifty near 23200 level. After opening if nifty starts trading below this level then possible strong downside upto 23000 level in opening session. Currently consolidated movements in nifty. If nifty sustain above 23250 level then possible upside movement upto 23450 level. For today's session 23450 level will act as a strong resistance for index.
[INTRADAY] #BANKNIFTY PE & CE Levels(04/04/2025)Today will be gap down opening in banknifty. After opening if banknifty starts trading below 51450 level then expected downside upto 51050 level. For today's session 51000 level will act as a strong support for banknifty. Any major downside only expected below 50950 level. Strong upside rally possible if index starts trading and sustain above 51550 level.
Gold Analysis March 4Fundamental Analysis
Persistent concerns over the potential economic impact of US President Donald Trump’s tit-for-tat tariffs could act as a catalyst for the safe-haven precious metal.
Meanwhile, risk-off sentiment, coupled with expectations that a tariff-induced slowdown in the US economy could force the Federal Reserve (Fed) to resume its rate-cutting cycle early, has caused a sharp decline in US Treasury yields. This, in turn, has pushed the US dollar (USD) to its lowest level since October 2024 and helped limit the downside in non-yielding gold. Therefore, it would be prudent to wait for a sharp sell-off to confirm that XAU/USD has topped out.
Technical Analysis
Today’s trading range is likely to see a fairly high probability of a drop. If it breaks 3116, gold will find its way back to 3081. In case gold breaks the downward structure as analyzed in the upward direction, pay attention to the SELL zone around 3148-3150. Wishing everyone a successful trading day.
Gold Price Analysis April 2The D1 candle has a red candle and the selling pressure has started to take profit of Gold but it is still unclear.
The most recent H4 candle cluster shows 2 important price zones 3135 and 3108. Breaking this boundary will form a new trend.
Trading plan: Gold pushes to 3108 and does not break this zone in the European session, then BUY GOLD to 3124. At the end of the European session, if it breaks 3124, then keep the order to 3135 and 3164 in the US session if it breaks the resistance. If it breaks 3108, do not buy anymore but wait for Sell Break out 3108, target day 3084, pay attention to the price reaction at 3100 (resistance of last night's session). If 3100 is broken, then SELL DCA, not BUY at 3100. Scenario 2: Price does not return to 3108 first but to 3124 in the European session. If it is not broken, then SELL 3124 to 3108 and breaks the 3108 area in the US session, then the TP scenario is the same as scenario 1. If 3124 is broken, then 3135 waits for a breakout when it breaks, it will be better to SELL down today. (Note the SELL scalp point around 3142)
#NIFTY Intraday Support and Resistance Levels - 03/04/2025Gap down opening expected in nifty. After opening if nifty starts trading below 23200 level then possible sharp downside rally upto 23000 level. Any bullish side rally can face resistance at 23450 level. Expected reversal from this level. Major upside movement only expected if nifty starts trading and sustain above 23500 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(03/04/2025)Today will be gap down opening expected in index. Expected opening near 51000 level. After opening if banknifty sustain above 51050 level then possible upside movement upto 51450 in opening session. But in case banknifty starts trading below 50950 level then expected sharp downside movement upto 400-500+ points and this can extend further upto 50050 in case it gives breakdown of 50450 level.
Balkrishna , 1W Looking very Good pattern , and it is at Support level now
so the Risk is Very low . So Prefer to take the Trade at Low Risk Place
Risk according to your capital and risk capacity
if you missed at Support level wait for Clear Breakout to happen
then Enter , if you Missed After Breakout Avoid it completely
Follow For More Ideas like This
XAUUSD 1H Head & Shoulders Pattern and Quasimodo!This 1-hour Gold (XAU/USD) chart presents a Head and Shoulders pattern forming near the 3,124 level, indicating a potential bearish reversal. The structure consists of:
Left Shoulder – A peak followed by a retracement.
Head – The highest point in the formation.
Right Shoulder – A lower high, confirming the pattern.
Additionally, a Quasimodo pattern is forming, reinforcing bearish sentiment if price fails to sustain above 3,139. A breakdown below the neckline suggests a potential move toward the projected target zone at 3,039.
Key Levels & Trade Plan
📍 Resistance: 3,139 (Quasimodo level)
📉 Support Levels: 3,107 – 3,085 – 3,039 (Main target)
📊 Bearish Confirmation: Break below the neckline (~3,120)
🎯 Target Zone: 3,039
A clean breakdown below the neckline could accelerate bearish momentum, aligning with the projected drop of approximately 62.7 points (-2.02%). Bulls need to reclaim 3,139 for any invalidation of this bearish outlook. Keep an eye on price action confirmation before entering trades.
Bitcoin (BTC/USD) Reversal? Rising Wedge Breakdown Signals Sell! The chart suggests a potential bearish move after a rising wedge pattern breakdown.
Key Observations:
Rising Wedge Breakdown:
BTC formed a rising wedge, which is a bearish reversal pattern.
The price has broken down from this wedge, indicating a potential downtrend.
Support and Resistance Levels:
Resistance Zone: Around $88,188 – $88,792, marked as a key level where selling pressure may increase.
Support Zone: Around $85,368 – $84,226, where buyers may step in.
Target: $81,429 – $81,258, a strong support level where price could drop.
Bearish Setup:
The chart suggests a sell opportunity near resistance, expecting a downward move toward the target zone.
Trading Idea:
Entry: Sell near $88,000 after confirmation.
Target: $81,429 – $81,258 (support zone).
Stop-Loss: Above $89,991 (resistance zone).
This setup suggests Bitcoin could decline further, making it a potential short trade opportunity. However, traders should watch for confirmation and overall market sentiment before executing trades.
Bitcoin Analysis: Potential Path to $150K and Market TrendsCurrent Price & Key Levels
- BTC/USDT Price: BINANCE:BTCUSDT (as per chart).
- Critical Support: Bottom of the ascending channel .
- Key Resistance: Upper trendline of the channel (to be confirmed).
Technical Signals
1. Ascending Channel:
- Price is at the bottom of the channel, historically a bounce zone.
- A break above the upper trendline could signal a bullish continuation.
2. Moving Averages:
- SMA 200 (4H) and SMA 20 (1D) are critical for trend confirmation.
- A bullish crossover (e.g., SMA 20 > SMA 200) would strengthen the buy signal.
3. Dominance (BTC.D):
- If Bitcoin dominance turns bearish, expect capital rotation into altcoins (altseason potential).
- Monitor dominance alongside price action for market shifts.
$150K Target: When and How?
- Scenario 1:
- A strong breakout from the ascending channel + rising volume → Acceleration toward $150K.
- Timeline:Mid-2025/Late-2025 (historically aligns with post-halving cycles).
- Scenario 2:
- Slow grind upward with corrections → $150K likely by 2026, pending macroeconomic stability (e.g., ETF inflows, regulatory clarity).
Altcoin Season Watch
- Trigger:
- If Bitcoin’s dominance drops below 57%, altcoins may surge.
- Focus on high-cap alts (ETH, SOL) and narratives like AI, DePIN, or RWA.
Trade Strategy
- Entry:
- Buy on confirmed breakout above the channel + SMA crossover.
- Stop Loss:
- Below the channel’s lower trendline (e.g., $80,000).
- Take Profit:
- targets: $100,000.120,000
- Final target: $150,000 (scale out profits).
Risks to Monitor
- Macro Factors: Fed rate decisions, geopolitical tensions.
- Bitcoin ETF Flows: Sustained inflows/outflows impact momentum.
- Regulation: Crackdowns or approvals (e.g., ETH ETF).
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Conclusion
- Bullish Outlook: $150K is achievable if Bitcoin holds the ascending channel and dominance remains stable.
- Altseason Hedge: Prepare a basket of altcoins if BTC.D trends downward.
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#NIFTY Intraday Support and Resistance Levels - 02/04/2025Today will be slightly gap up opening expected in nifty. After opening if nifty starts trading below 23200 level then expected sharp downside upto 23050 level in opening session. Upside 23450 level will act as a strong resistance for today's session. Any bullish side rally can reversal from this level.
[INTRADAY] #BANKNIFTY PE & CE Levels(02/04/2025)Today will be slightly gap up opening expected in index near 51000 level. After opening it will face strong resistance at this level and expected reversal direction towards the 50550 level. This downside rally can extend for further 400-500+ points in case banknifty starts trading below 50450 level. Any bullish side rally only expected if banknifty starts trading and sustain above 51050 level.
USDJPY Price ActionHello Traders,
As you can see, the price dropped from the previous supply zone and has formed a new one. Along the way, it created both internal and external liquidity, which helps strengthen the newly formed zone — a common pattern we see repeatedly.
Remember, just because price didn’t move as expected and hit your stop loss, it doesn’t mean your analysis was wrong. That’s exactly why we use stop losses — to protect our capital before chasing profit.
I’ve marked the internal and external liquidity, along with the new supply and demand zones on the chart. As always, without liquidity, there’s no valid zone confirmation. Risk management is key — that’s all you really need.
Wishing you all the best and happy trading.
Thank you!