Get started

Pricemovement

AUD/USD Parallel Channel Setup – Breakout or Pullback in PlayThe AUD/USD pair is trading within a clearly defined ascending parallel channel, with consistent rejections from both the upper resistance zone near 0.6550–0.6560 and repeated bounces from the rising support area near 0.6390–0.6400. This structured price movement indicates strong channel discipline, which traders can use for high-probability breakouts or reversal plays. The current price action is approaching the upper boundary of the resistance, and a decisive breakout here could lead to a bullish rally toward the projected target. 📈 Bullish Breakout Scenario If the price breaks and closes above the resistance zone (above 0.6560), it will confirm a bullish breakout from the channel. Based on the height of the channel, the projected breakout target is 0.67365, which is derived by measuring the vertical distance between support and resistance and projecting it upward from the breakout point. This could signal a major trend continuation in favor of the bulls. 📉 Bearish Rejection Scenario If the price once again gets rejected at the resistance zone, a corrective move is expected toward the support area around 0.6400. The structure suggests that unless a breakout occurs, price may continue to oscillate within the rising channel. The next bearish leg could form a lower high and test the trendline support again. 🧭 Trading Strategy Outlook Buy Breakout Strategy: Entry: Above 0.6560 SL: Below breakout candle TP: 0.67365 (projected target) Sell Rejection Strategy: Entry: Near 0.6550 resistance SL: Above 0.6570 TP: 0.6400 support zone This is a neutral-to-bullish setup, with a potential for continuation if the resistance breaks with strength. Traders should wait for confirmation before entering. ================================================================= 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
#NIFTY Intraday Support and Resistance Levels - 27/06/2025Nifty is expected to open with a strong gap up near the 25,750 level, indicating bullish sentiment continuation from the previous sessions. If Nifty sustains above this 25,750 mark, it could trigger a breakout setup. In that case, long positions can be considered above 25,750 with targets placed at 25,850, 25,900, and 25,950+. This zone aligns with a potential resistance-turned-breakout level, and a move beyond it could bring in further momentum on the upside. On the other hand, if Nifty fails to hold above the 25,750 level and shows signs of rejection, then it may consolidate or experience mild profit booking. Key intraday support lies near the 25,550–25,600 range. A break below this can drag the index down to 25,450 or even 25,250.
NSE:NIFTY
by TradZoo
[INTRADAY] #BANKNIFTY PE & CE Levels(27/06/2025)Bank Nifty is expected to open with a strong gap up near the 57,500 level, indicating continued bullish sentiment from the previous session’s upward momentum. The index is currently trading above key support levels, and if it manages to sustain above the 57,450–57,500 zone, a further upward move is likely. In such a case, traders can consider buying CE options around 57,550–57,600 for targets of 57,750, 57,850, and 57,950+. This zone will act as a potential breakout area, and sustaining above it could trigger fresh buying interest. However, if Bank Nifty fails to hold above the 57,450 level after the gap up, some profit booking or reversal may occur. In that scenario, a put option opportunity may arise near the 57,450–57,400 levels with downside targets of 57,250, 57,150, and 57,050.
NSE:BANKNIFTY
by TradZoo
#NIFTY Intraday Support and Resistance Levels - 26/06/2025Nifty is set to open slightly gap up today near the 25,250 mark, signaling a continuation of the ongoing consolidation phase. The market has been hovering around this zone for the past couple of sessions, making it a key inflection point. A sustained move above 25,300 can trigger bullish momentum, leading to targets of 25,350, 25,400, and 25,450+. This level also coincides with previous intraday highs, making it a potential breakout zone for aggressive buyers. On the flip side, if Nifty faces rejection from this resistance zone and slips below the 25,250–25,200 levels, a downside move could emerge. In that case, short positions can be considered with immediate support levels at 25,150, 25,100, and 25,050. The opening hour will be crucial—traders should monitor for either a breakout above 25,300 or a breakdown below 25,200 to determine intraday direction. Volatility may increase due to expiry, so a wait-and-watch approach with tight stop-losses is advisable.
NSE:NIFTY
by TradZoo
[INTRADAY] #BANKNIFTY PE & CE Levels(26/06/2025)Today, Bank Nifty is likely to open slightly gap up near the 56,550–56,600 zone, which is a crucial resistance area. A sustained move above this zone can trigger bullish momentum, opening the door for further upside targets of 56,750, 56,850, and potentially 56,950+. Traders can look for buying opportunities in call options above this range with a tight stop-loss, especially if the index breaks out with strong volume and positive sentiment. The zone between 56,600 and 56,950 has acted as a resistance band in recent sessions, so a clean breakout may lead to a directional rally. On the flip side, if Bank Nifty fails to hold above the 56,450 mark and starts to trade below it, we may see downside pressure in the market. This breakdown could offer a good short opportunity using put options, with downside targets around 56,250, 56,150, and 56,050. The 56,050 level will act as a strong support and could attract buyers again if tested. Traders should remain cautious near resistance and support zones and avoid aggressive positions unless there is clear confirmation. The market may remain volatile in the first half, so a wait-and-watch approach with disciplined risk management is advisable.
NSE:BANKNIFTY
by TradZoo
GBP/AUD Triple-Top Resistance Test – Watch for Reversal or BreakThe GBP/AUD pair is currently testing a strong horizontal resistance zone near 2.1000, which has been rejected multiple times in the past. The chart clearly highlights a triple-top formation (marked by red arrows), signaling repeated failures to break above this supply area. Meanwhile, the price action has been respecting an upward trendline support, forming a broad ascending channel or rising wedge-like structure. This setup is now at a critical juncture — with the potential for either a strong bullish breakout or a bearish reversal. 📉 Bearish Rejection Scenario If the resistance holds once again, we may see a pullback toward the rising support line around 2.0700. This would maintain the overall sideways-to-bullish bias within the structure. A firm rejection pattern (e.g., bearish engulfing or long upper wick) near 2.1000 could provide confirmation for short entries targeting that support. 📈 Bullish Breakout Scenario On the other hand, a decisive breakout above 2.1000 — especially with strong volume and candle close — could trigger a breakout rally. If confirmed, the next leg up may drive GBP/AUD toward 2.1250–2.1300, based on the previous swing expansion zones. 🧭 Strategic Outlook Sell near resistance: Target 2.0750–2.0700 with SL above 2.1020. Buy on breakout: Enter above 2.1010–2.1025 with targets near 2.1250. Confirmation required: Wait for candle confirmation (break or rejection) before acting. This setup offers a clear risk-managed opportunity in either direction, ideal for breakout traders or reversal players. ================================================================= 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 24Quite surprised with the price gap down at the beginning of the day. A sweep to 3333 and recovery to increase again in the Tokyo trading session. This recovery completely breaks the market's bullish wave structure. 3363 and 3335 are paying attention in today's Asian and European trading sessions. This area can be traded short-term in the sideways range. The SELL area pays attention to the opening gap at 3368. The upper range has some adjustments compared to yesterday in the direction of decreasing prices, so the SELL range 3386 and 3410 is paid attention to for trading. Resistance: 3363-3368-3386-3410 Support: 3335-3322-3296 Good trading signal BUY GOLD 3323-3321 Stoploss 3318 SELL GOLD 3363-3365 Stoploss 3370
OANDA:XAUUSD
by VHT_Trader
4
#NIFTY Intraday Support and Resistance Levels - 24/06/2025Today, Nifty is expected to open with a gap-up near the 25,250 level. This level is crucial, as a sustained move above it can trigger a strong upside rally. If Nifty manages to hold above 25,250, we may see targets of 25,350, 25,400, and even 25,450+ in the coming sessions. On the downside, if the index slips below 24,950, it could lead to a corrective move toward 24,850, 24,800, and potentially 24,750 zones. Traders should closely watch the 25,050–25,100 range for intraday strength, and the 24,950 mark as immediate support. Any breakout or breakdown from these levels will offer direction for the day. Maintain strict stop-loss and consider trailing profits as levels get tested.
NSE:NIFTY
by TradZoo
1
GBP/USD Downtrend Wedge Breakout Setup – Bullish Target AheadThe GBP/USD pair is currently displaying a downtrend wedge pattern, a structure that typically signals a bullish reversal when confirmed. The pattern is formed by a descending resistance trendline (in red) and a gradually sloping support line (in green), converging to a point. Price has bounced off the wedge’s support multiple times while forming lower highs, creating pressure that often leads to a breakout. As seen in the chart, the pair recently surged toward the upper resistance line and is now attempting to break above it. A successful breakout with bullish candle confirmation could lead to a strong move upward. 📈 Breakout Scenario If the price manages to close above the resistance zone (~1.3490–1.3500), it would confirm the wedge breakout. Based on the height of the pattern, the projected breakout target is around 1.3692. This target is calculated by measuring the vertical height of the wedge and adding it to the breakout point. Confirmation of breakout should ideally include a retest of the broken resistance acting as new support. 📉 Rejection Scenario However, if the breakout attempt fails and the price gets rejected again from the red resistance line, the pair could retest the wedge’s support area around 1.3360. A breakdown below the green zone would invalidate the bullish outlook and suggest continued bearish pressure. ⚙️ Strategy Tips Buy Setup: Enter after breakout candle closes above 1.3500 with stop loss just below breakout zone. Take Profit: Use the 1.3692 level as the primary target or scale out on the way up. Confirmation: Always wait for breakout confirmation before entering; avoid false breakouts. ✅ Conclusion This wedge breakout setup offers a bullish trading opportunity if confirmed. The clear structure, repeated tests of both support and resistance, and recent momentum build a strong technical case. Still, confirmation is key before initiating any positions. ================================================================= Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. =================================================================
Long
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
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
[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
[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
#NIFTY Intraday Support and Resistance Levels - 18/06/2025Today, Nifty is expected to open with a slight gap down near the 24,850 zone, indicating caution among participants at higher levels. 🔼 If Nifty sustains above the 24,750–24,800 zone, a positive move may unfold with upside targets at 24,850 → 24,900 → 24,950+. Sustained strength above 24,950 could lead to a further rally. 🔁 On the other hand, if Nifty approaches the 24,950–24,900 zone and shows signs of rejection, it could lead to a reversal. In that case, the downside targets may be 24,850 → 24,800 → 24,750-. 🔽 A decisive move below the 24,700 level would indicate bearish control, opening further downside towards 24,650 → 24,600 → 24,550-.
NSE:NIFTY
by TradZoo
#NIFTY Intraday Support and Resistance Levels - 16/06/2025Today, a slightly gap-up opening is expected in Nifty near the 24,735 level. If Nifty sustains above the 24,750–24,800 zone after the opening, it may lead to a continuation of the upside move toward 24,850, 24,900, and potentially 24,950+ during the day. This zone can attract intraday buying interest, especially if supported by volume and momentum. However, any rally approaching the 24,950 level should be watched cautiously, as it may act as a reversal zone, triggering profit booking or intraday resistance. On the other hand, if Nifty fails to hold 24,700 levels and starts drifting lower, fresh selling pressure could emerge, pushing the index toward 24,650, 24,600, and even 24,550 during the session.
NSE:NIFTY
by TradZoo
Gold Price Analysis June 12Yesterday's D1 daily frame bounced and closed above 3348. That led to a price gap today. 3375 is a resistance zone that is showing price reaction in the Asian session. If it cannot be broken at the end of the session, it is possible to set up a sell at 3355 for BUY strategies in the GAP zone. Any price decrease today is considered a good opportunity for buying Gold to aim for 3411. Pay attention to the 3355-3347-3338 zone for BUY signals today. Target is still 3411 but there is still 3386 which may have a reaction.
OANDA:XAUUSD
by TVS-Trader
1
#NIFTY Intraday Support and Resistance Levels - 12/06/2025Today, a gap-up opening is expected in Nifty near the 25250 level. If Nifty sustains above this zone, we may see bullish momentum extending toward the targets of 25350, 25400, and potentially 25450+ during the session. However, if Nifty fails to hold above 25250 and begins reversing below 25200, it could trigger a pullback move. A reversal short opportunity may arise in the 25250–25200 range with potential downside targets of 25150, 25100, and 25050. Overall sentiment remains bullish above 25250, but volatility is likely near resistance levels. Traders are advised to keep tight stop-losses and trail profits cautiously, as the market may remain range-bound with occasional spikes.
NSE:NIFTY
by TradZoo
1
Gold Price Analysis June 11Yesterday's D1 candle was still a balance candle closing below the important breakout zone 3347. Today's Asian session saw strong buying pressure pushing the price back close to the important resistance zone in shaping the trend. At the end of the Asian session, it failed to break 3342, giving a SELL signal to 3327 The breakout zone 3310 is also very important to wait for price reaction for BUY scalping points. 3295 is an important daily support zone. If there is a price slide from 3295, do not BUY until it touches the support zone 3275. In the opposite direction of today's Break 3345, wait for 3363-3365 to SELL. The 3345 zone is considered a Breakout zone when broken to trade BUY.
OANDA:XAUUSD
by TVS-Trader
#NIFTY Intraday Support and Resistance Levels - 11/06/2025Nifty opened with a slight gap-up near the 25100 level, continuing its recent pattern of consolidation. Despite the positive opening, the index remains well within its established range, suggesting that market participants are still awaiting a decisive breakout. There are no major changes observed in key support or resistance levels compared to the previous sessions, reinforcing the view that the market is currently lacking strong directional momentum. On the upside, if Nifty sustains above the 25100–25250 zone, it could attempt a move toward 25350, followed by 25400 and potentially 25450+. However, this upward move will require strong follow-through buying to break the current consolidation zone. Until then, any intraday rallies may face resistance near the 25250 mark, making it a crucial level to watch for bulls. Conversely, failure to hold above the 25200–25250 region could lead to a reversal toward 25150, and if selling pressure intensifies, a further decline toward 25100 and 25050 may unfold. These levels are important short-term supports and have previously acted as buying zones. A break below 25050 may open the gates for deeper cuts, though that remains unlikely unless broader market sentiment weakens.
NSE:NIFTY
by TradZoo
Ethereum Is About to Start Making Its Move to $4100Trading Fam, Lot's of good patterns occurring on the crypto charts recently, Ethereum is no exception. Here you can see a valid inverse head and shoulders pattern has formed. 85% of the time, these patterns play out. If we do break that neckline to the upside, I would suggest that $4100 will come fairly quickly. We do have a few resistance areas ahead of us where I expect some pause. But this will only give the market enough time to recognize they may be missing the rocket ride and hop in. If we don't break that neckline this week, we could pull back for another week. But I think by the end of June our neckline will break and we'll be on our way. Best, Stew
COINBASE:ETHUSDLong
by stewdamus
#NIFTY Intraday Support and Resistance Levels - 10/06/2025Nifty is opening with a gap-up near the 25250 level, approaching a crucial resistance zone. This area has previously acted as a turning point, and today's opening could define whether bulls retain control or face exhaustion. If Nifty sustains above 25250, we can expect further upside momentum toward 25350, 25400, and 25450+. A clean breakout above this level could open the path to short-term bullish continuation. However, if the index struggles to hold above 25250 and reverses, profit booking may kick in, pulling the index back toward 25150, 25100, and even 25050. Holding above 25050–25100 will be key for maintaining a positive structure. A breakdown below this zone may shift sentiment in favor of bears.
NSE:NIFTY
by TradZoo