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#NIFTY Intraday Support and Resistance Levels - 23/06/2025A flat opening is expected in Nifty today. If Nifty sustains above the 25,050–25,100 zone after the open, we can expect an upside rally toward 25,150 → 25,200 → 25,250+ levels. This bullish momentum may continue if Nifty remains strong above 25,100. However, any downside momentum may begin if Nifty starts trading below 24,950, which is a crucial support zone. In such a scenario, the index could slip toward 24,850 → 24,800 → 24,750- levels. For intraday trades, focus on breakout or breakdown levels, and manage risk with trailing stop-losses in place.
NSE:NIFTY
by TradZoo
[INTRADAY] #BANKNIFTY PE & CE Levels(23/06/2025)A flat opening is expected in Bank Nifty today. After the open, if Bank Nifty sustains above 56,050, an upside rally is likely toward 56,450+. A further continuation of this rally could occur if the index trades above 56,550–56,600, with extended targets up to 56,750 → 56,850 → 56,950+. On the downside, if Bank Nifty trades below 55,950, some selling pressure may emerge. However, 55,550 will act as strong support for today’s session. A major downward move is only expected if this support breaks, opening potential targets of 55,250 → 55,150 → 55,050-.
NSE:BANKNIFTY
by TradZoo
INJ Breakdown in Play Eyeing the Neckline for Precision ShortsINJ/USDT Analysis 〽️ The Head and Shoulders pattern has broken down successfully, confirming a bearish structure. 💠We anticipate a potential relief bounce towards the $11 region which aligns closely with the neckline retest zone. This area is likely to act as a liquidity trap, where institutional sellers may re-enter aggressively 👀. 🎯 Key downside targets remain at 1. $8.98 2. $8.03 3. $6.92 Strategic Plan 🎖️ Look to initiate short positions around the neckline retest near $11, as the risk-reward becomes increasingly favorable from that level. Trade with discipline. Let the structure lead the execution. 🫡🧠
Short
by wolfchemist
Gold Outlook: 3 Critical Zones That Could Shape the Next Move▋Observation & Meanings: ▪Price has broken out of the Broadening Wedge to the upside — a strong move led by bulls. ▪It then pulled back after reaching the 100% projection of the previous upswing, which also marked the likely extent of the retracement. ▪A break below the minor low (a) suggests short-term downward pressure. ▪However, the overall uptrend structure remains intact as long as the main low (A) holds. ▋What’s next? Trading a retracement is always tricky — by nature, it means going against the prevailing trend. ▪ Question 1 : Is there anything to do when price falls below the minor low (a)? Often, the best move is to stay patient and let the market reveal its intentions, some setups may offer opportunities: ▫The main prior low could act as a key short-term support, as it aligns with the 100% retracement of the previous upswing. ▫For aggressive traders, a quick short toward that level may be an option. ▪ Question 2 : When will a new trend begin? ▫Bearish scenario: A confirmed break below the main prior low could signal the start of a more sustainable downtrend. ▫Bullish scenario: Aside from Aside from (1) a direct breakout above the previous high (B), signs of strength may also come from: (2) A clear lower high or (3) A consolidation range, followed by a strong upside break. In this case : - The prior high (by definition) marks resistance. - However, there’s also a tight congestion area before that high, which may act as the real barrier — potentially even more significant due to its cluster of price action. ▫Once early trend signals appear, the next step is to assess if the structure supports a lasting trend. ▋The 3 big zones: ▪ Uptrend Zone The market is likely regaining upward momentum when one of the following occurs: 1. Price spikes above the previous swing high at point B. 2. Price breaks the tight congestion area to the upside. 3. A new consolidation range forms and breaks to the upside. ▪ Downtrend Zone A clean break below the main prior low (A) would likely confirm bearish control and may open room for further downside. ▪ Ambiguous Zone If price fails to meet the conditions for either an uptrend or a downtrend, it’s likely to remain in a drifting, indecisive state. ▋Mental Notes: ▪Don’t predict the price, trade the price. Have a plan, but not blindly follow. ▪The market will always find ways to surprise. Stay open and follow the flow. ▋Not Financial Advice The information contained in this article is not intended as, and should not be understood as financial advice. You should take independent financial advice from a professional who is aware of the facts and circumstances of your individual situation.
PEPPERSTONE:XAUUSD
by stock_adelie
USDJPY ANalysis week 26Fundamental analysis The Fed kept interest rates unchanged and forecast only a small cut in 2026-2027 due to concerns about high inflation. The number of officials opposing a rate cut this year increased. The Israel-Iran conflict escalated, the US may attack Iran but is waiting for Tehran's response, causing the Japanese Yen to appreciate thanks to its safe-haven role. Japan and the US have not reached a trade deal, the risk of higher tariffs before the July 9 deadline. The US dollar is near a one-week high, supporting the USD/JPY pair, but investors remain cautious due to the lack of new economic data. Technical analysis USDJPY is rising quite strongly and reacting at the resistance zone of 146.200. There is a possibility of a price gap next week, so trading early will be quite risky. The trading range is expected to be clearer at the resistance and support zones. 146,800 and 147,700 are noted as the two important upper boundary zones. 145,400 and 144,400 will be important support zones with a very strong buyer force waiting. Trading Signals
by TVS-Trader
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
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
1
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
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
#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
[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
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
#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