#NIFTY Intraday Support and Resistance Levels - 24/02/2025Flat or slightly gap down opening expected in nifty. After opening important level is 22750. In case nifty starts trading below this support level then possible strong downside rally in index upto 22550 in today's session. Any upside rally only expected if nifty sustain above 22800 support level. Upside 23000 level will act as a strong resistance for any bullish side rally.
Pricemovement
[INTRADAY] #BANKNIFTY PE & CE Levels(24/02/2025)Today will be flat opening expected in banknifty. After opening if banknifty starts trading below 48950 level then expected sharp downside rally in index upto 48550 level. This downside rally can be extend for further 400-500+ points downside in case banknifty gives breakdown of 48450 level. Any bullish side rally only expected if it is starts trading and sustain above the 49050 level. Upside 49450 level will act as a strong resistance for today's session.
Rinse & Repeat !!!Hello everyone, a happy new trading week to you all !.
This setup is particularly a short-term buy for those looking to take advantage of BTC's range that has been refusing to take a side.
A good RRR trade that's sure to make you a bit of money. Use proper risk and money management (risk what you're willing to not get bothered by) and most especially, do your own analysis for extra confluence !.
Gold price analysis February 20⭐️Fundamental Analysis
The rally came after US President Donald Trump said a trade deal with China was possible. Geopolitical concerns increased after US President Trump said Ukraine had started a war with Russia and hinted that it was time to pay back all the aid it had provided to the US.
Meanwhile, the Federal Reserve (Fed) meeting minutes from Wednesday night had little impact. Only a few members of the Federal Open Market Committee (FOMC) favored stable interest rates and were in no rush to cut. Considering this, the possibility of a rate cut in June remains.
⭐️Technical Analysis
Gold prices are currently difficult to trade as they are at an all-time high. any recovery to the breakout points is considered the best opportunity to buy gold towards the 3000 peak. Watch for recovery points around 2940-2920 for BUY signals and watch the 2970 area as today's major resistance.
#NIFTY Intraday Support and Resistance Levels - 20/02/2025Today will be flat opening expected in nifty. After opening possible nifty can consolidated in between 22950-23050 level. Any major movement only expected either breakout of 23050 level or downside of 22950 level. Downside 22800 will act as a important support for today's session. Below this support level sharp downside rally expected.
[INTRADAY] #BANKNIFTY PE & CE Levels(20/02/2025)Flat or slightly gap down opening expected in banknifty. After opening if banknifty starts trading and sustain above 49550 level then possible upside rally upto 49950+ level in today's session. Major downside expected if banknifty not sustain above level and starts trading below 49450. This downside can possible of 400-500+ points. Downside 49050 level will act as a strong support for today's session.
#NIFTY Intraday Support and Resistance Levels - 19/02/2025A flat opening today in nifty, with the index currently positioned near 23000-22950. If Nifty moves above 23050, a long position can be considered, targeting 23150, 23200, and 23250+.
However, a reversal short trade can be initiated around 23000-22950, with downside targets of 22900, 22850, and 22800. On the bearish side, a breakdown below 22750 will likely lead to further declines, with short targets set at 22650, 22550, and 22500.
Since the price is currently moving within the 22950-23000 range, the market is likely to open flat and may remain range-bound initially. The decisive move will come if it either breaks above 23050 for an uptrend or falls below 22750 for a bearish move. Should wait for a breakout confirmation before entering positions.
Gold price analysis February 18⭐️Fundamental Analysis
Top US and Russian officials will meet to discuss ending the war in Ukraine, but there are concerns that a decision may be made without the participation of Ukraine and Europe.
Weak risk sentiment has boosted demand for the safe-haven US dollar, putting pressure on gold prices. At the same time, Fed officials were cautious about inflation and interest rate policy, strengthening the US dollar and US Treasury yields. The Fed governor said that inflation is progressing slowly, possibly delaying a rate cut until 2025.
In the coming time, the market will focus on speeches by Fed officials for clues on monetary policy, as well as monitor the developments in negotiations between the US and Russia, a factor that could have a big impact on risk sentiment and gold prices.
⭐️Technical Analysis
Gold prices approached the 2915 resistance zone before the US session, marking the importance of this price zone today. When the candle does not break through 2915 when Europe enters, SELL to 2906. In case of break 2915, wait for retest buy back around 15 TP around 2927. Pay attention to price reaction around 2920. BUY zones of gold around 2906-2900-2895. SELL zones of gold 2927-2949
#NIFTY Intraday Support and Resistance Levels - 17/02/2025Flat opening expected in nifty. After opening nifty will face strong resistance at 23000 level and expected downside movement upto the 22800 in opening session. For today's session, 22800 is the important support if nifty break this support and starts trading below 22750 then sharp downside rally possible upto 22500 level. Any major upside rally only expected if nifty starts trading and sustain above the 23050 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(17/02/2025)Today will be flat opening expected in banknifty. After opening if banknifty starts trading below 48950 level then possible further major downside of 400-500+ points in index. 49050 level will act as a support for today's session. Any upside move only expected if banknifty sustain above this level. Upside 49450 level is the crucial resistance index. Any upside rally can be reversal from this level.
Fundamentally speaking, WE ARE BULLISH !!!Due to tariff talks, Investors are trooping to Gold (safe haven asset), because these are times of uncertainty in the market and that's why sentimentally and fundamentally speaking, Gold is bullish.
How bullish you say ? I have no idea but I know for a fact that price is taking out the recent ATH just above where it currently is and if by some miracle price pulls back to grab the inducement below as liquidity then we can profit off the buy continuation.
use proper risk and money management,
#NIFTY Intraday Support and Resistance Levels - 12/02/2025Today will be slightly gap up opening expected in nifty. After opening if it's sustain above 23050 level then expected reversal upto the 23250 level. 23250 level will act a strong resistance for today's session. Possible nifty will goes further downside from this level. Important support for today's session is 23000-23050 zone. Sharp downside expected below the 23000 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(11/02/2025)Slightly gap up opening expected in banknifty near 50000 level. After opening if banknifty starts trading and sustain above 50050 level then expected upside rally upto the 50450 level in opening session. Downside movement possible if banknifty not sustain above level and starts trading below 49950. This downside can goes upto the 49550 level in today's session.
#NIFTY Intraday Support and Resistance Levels - 10/02/2025Flat opening expected in nifty. After opening if nifty starts trading and sustain above 23600 level then expected upside rally upto 23800+ level in opening session. Major downside rally expected below 23550 level. This downside can goes upto the 23400 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(07/02/2025)Today will be slightly gap up opening expected in banknifty. Expected opening near 50450 level. After opening it will face resistance at this level. Any strong bullish rally only expected if banknifty starts trading above 50550+ level. Downside 50050 level will act as a support for today's session. Any major downside expected below the 49950 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(06/02/2025)Today will be gap up opening in banknifty. After opening expected upside rally upto 50950 level if banknifty starts trading above 50550 level. 50050-50450 level are the consolidation zone for banknifty. Any major downside rally only expected below the 49950 level.
#NIFTY Intraday Support and Resistance Levels - 05/02/2025Gap up opening expected in nifty. After opening expected nifty will continue it's bullish rally towards the 23950+ level in today's session. 23650 level will act as a strong support for today's session. Major downside only expected if nifty not sustain above level and starts trading below 23600. Below this level sharp downside expected upto the 23400 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(05/02/2025)Today expected gap up opening in banknifty. After opening if banknifty starts trading above 50550 level then expected further upside rally of 400-500+ points in today's session. Downside 50050 level act as a important support for today's session. Any major downside rally only expected below the 49950 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(04/02/2025)Today will be slightly gap up opening expected in banknifty. Expected opening near 49450 level. After opening it will face resistance at this level and expected reversal towards the downside. Major upside rally only expected if banknifty starts trading and sustain above 49550 level. Downside 49050 will act as a important support for today's session.