[INTRADAY] #BANKNIFTY PE & CE Levels(09/06/2025)Bank Nifty is opening with a gap-up near the 56900 level, right into a critical resistance zone. While momentum is strong, the index is now approaching a potential reversal area.
If Bank Nifty sustains above 57050, we could see a continuation of the bullish trend with upside targets at 57250, 57350, and 57450+. A strong breakout above this zone could trigger fresh buying.
However, if the index fails to hold above 56900–57000 and starts to reverse, it may signal short-term exhaustion. In that case, a pullback toward 56750, 56650, and 56550 is possible.
A breakdown below 56450 would suggest weakness, exposing downside targets at 56250, 56150, and 56050.
Pricemovement
#NIFTY Intraday Support and Resistance Levels - 06/06/2025Nifty is opening with a slight gap-up around 24750–24760, placing it just above a key resistance-turned-support level. This setup suggests early optimism, but follow-through momentum is crucial for confirmation.
If Nifty sustains above 24800, it may pave the way for a smooth upside toward 24850, 24900, and 24950+. This range could act as a momentum zone for intraday buyers if volume supports the move.
On the flip side, a slip back below 24700 may signal weakness and open downside targets at 24650, 24600, and 24550, pulling Nifty back into a broader consolidation range.
LODHA - Symmetrical Triangle Breakout Trade SetupAbout Pattern:
A Symmetrical Triangle Pattern is a continuation chart pattern formed when price action creates lower highs and higher lows, converging toward a point. It reflects indecision and compression in price before a breakout occurs. The breakout can be on either side, but here, a bullish breakout has occurred.
Support Line: Formed by connecting the swing lows (green arrows), which are gradually increasing.
Resistance Line: Formed by connecting the swing highs (red arrows), which are gradually decreasing.
This convergence of support and resistance forms the triangle.
Breakout Confirmation
Breakout Level: ₹1420
The stock has clearly broken out above the resistance trendline, indicating a strong bullish signal on the weekly timeframe.
Entry and Stop Loss Strategy
Entry Point: Enter the trade only above ₹1420 after confirmation of breakout. This acts as a psychological and technical barrier.
Stop Loss (SL): Set below ₹1250, which is well below the previous swing lows and triangle support. This acts as a safety net in case of a false breakout or reversal.
Target Calculation – Based on Pattern Height
Pattern Height:
Calculated from the highest swing high inside the triangle to the lowest swing low.
This vertical distance is then added to the breakout point (₹1420) to estimate the price targets.
Target 1: ₹1650+
This is the first resistance zone post-breakout and a psychologically important round number.
Target 2: ₹1850+
Based on the full extension of the pattern height and intermediate resistance zone.
Final Projected Target: ₹2040+
This is the complete projection of the triangle pattern height.
This setup is suitable for:
Swing traders looking for positional opportunities
Investors seeking breakout confirmation for fresh entries
Trend followers waiting for consolidation breakouts
Once price sustains above ₹1420, the stock is expected to follow a bullish trajectory toward ₹1650–2040+ over the coming weeks/months.
USD/JPY Triangle Squeeze – Watch for Breakout or BreakdownThe USD/JPY pair is currently trading within a symmetrical triangle pattern, with a descending resistance line (red) and a rising support line (green), clearly defining a consolidation phase. This type of price structure indicates growing indecision in the market, where buyers are stepping in at higher lows, while sellers are capping gains at lower highs. Such formations usually precede a strong breakout or breakdown move, as pressure builds up toward the apex of the triangle.
🔼 Bullish Breakout Scenario
If the price breaks above the descending resistance trendline, it will confirm a bullish breakout from the triangle. This would signal that buyers are regaining control and could trigger an impulsive rally toward the 145.50–146.50 area. The upside potential is supported by the structure of higher lows forming from May 27th onward, suggesting building bullish pressure. A successful breakout above 143.30–143.50, ideally with a retest and bullish candle confirmation, could offer a high-probability long setup with targets extending toward the previous swing highs.
🔽 Bearish Breakdown Scenario
On the flip side, if the price breaks below the rising support line, a bearish continuation could unfold, targeting levels as low as 140.00–139.50. This would indicate that sellers have overcome the ascending demand and could lead to a retest of prior support levels. A breakdown below 142.30 with strong bearish volume would be a key signal to short, especially if the market rejects further attempts to climb back into the triangle zone.
🧠 Strategy Outlook
This is a neutral setup until either side is broken. Traders should wait for confirmation of breakout or breakdown before entering. Once confirmed, a simple breakout trading strategy can be applied:
For longs: buy after breakout and retest above resistance
For shorts: sell after breakdown and retest below support
Stop losses can be placed just below the support for bullish trades and just above the resistance for bearish ones, ensuring clean invalidation levels.
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
[INTRADAY] #BANKNIFTY PE & CE Levels(05/06/2025)Bank Nifty is opening slightly gap-up around the 55650–55700 zone, hinting at a cautious positive bias. However, the index remains within a well-defined range, and today’s session could act as a trigger for the next directional move.
If Bank Nifty sustains above 55600, bullish momentum may build toward 55750, 55850, and 55950+. A breakout above 56050 could further accelerate the upside, potentially targeting 56250 and beyond.
However, if the index fails to hold above 55700 and starts reversing, a pullback toward 55600 and 55500 is possible.
A breakdown below 55450 would signal weakness and open up downside levels toward 55250, 55150, and 55050, where stronger support is expected.
#NIFTY Intraday Support and Resistance Levels - 05/06/2025Nifty is opening with a gap-up near the 24750 level, placing it right at the breakout zone. If the index sustains above 24750, a bullish rally may follow with upside targets of 24850, 24900, and 24950+. Sustained momentum above this level can shift market sentiment toward a more positive bias.
However, traders should be cautious of a reversal from the 24750–24700 zone. If the index fails to hold and reverses downward, a short trade setup could be considered with downside targets of 24650, 24600, and 24550.
In case of further weakness below 24450, the trend may extend on the downside with targets at 24350, 24300, and 24250.
This is a critical level to watch. Wait for a decisive breakout above 24750 or a reversal signal before taking directional trades. Use strict stop-loss and manage positions actively, especially in early session volatility.
Making HH HL.
Closed at 40.45 (04-06-2025)
Making HH HL.
Bearish Divergence played well &
dragged the price from 44 - 45 to around 33.
Printed HL & started moving upside.
If 45 is Crossed & Sustained, we may witness
new Highs around 55 - 57.
However this time, Stoploss should be 33.50
on Closing basis.
#NIFTY Intraday Support and Resistance Levels - 02/06/2025Nifty is expected to open flat near the 24700–24750 zone. The index has been consolidating in a tight range over the past few sessions, indicating indecision and a potential breakout on either side.
If Nifty sustains above the 24750–24800 zone, a bullish breakout may unfold with upside targets of 24850, 24900, and 24950+. A clear move above 25000 will confirm strong buying momentum with extended targets of 25150, 25200, and 25250+.
On the downside, if Nifty breaks below 24700 and fails to recover, fresh selling pressure could drag the index toward 24650, 24600, and 24550.
[INTRADAY] #BANKNIFTY PE & CE Levels(02/06/2025)Bank Nifty is expected to open flat around the 55700–55800 zone. If it manages to sustain above the 55550–55600 breakout zone, the bullish trend is likely to continue with upside targets at 55750, 55850, and 55950+. A further breakout above 56050 may fuel extended gains toward 56250, 56350, and 56450+.
On the downside, if Bank Nifty shows weakness and falls below 55900–55950, a short opportunity may arise targeting 55750, 55650, and 55550 zones. A deeper breakdown below 55450–55400 could lead to further downside levels of 55250, 55150, and 55050.
The price action currently suggests consolidation within a range, so wait for a decisive breakout or breakdown before entering. Use strict stop-losses and book partial profits at major levels as the session may remain volatile near resistance.
“Clean SMC Buy Setup | Retest & Rally from Demand Zone”This chart shows a clean Smart Money Concept (SMC) style buy-side setup, targeting a highly respected demand zone and high-odds liquidity grab above.
Following a steep bullish impulse, price formed a new market structure shift (BOS) and is now retracing into a crucial entry zone at 3,314.00 – 3,311.50. This area is marked by a hidden order block and imbalance, with high R:R opportunities for buyers.
The stop loss is judiciously set below the latest wick at 3,304.40, safeguarding against manipulation while having the best risk exposure.
The target one (TP1) is at 3,319.70, corresponding to intraday liquidity and recent supply reaction. The second target (TP2) goes up to 3,325.90, a major high where external liquidity would most likely be absorbed before any major change.
This is on the basis of:
A confirmed bullish BOS
Demand zone + OB alignment
Imbalance + inducement layer barely underneath the entry
No indication of bearish turn yet
We expect retest of demand and a move on to liquidity, given the zone is sustained and no bearish BOS is witnessed.
???? Trade Parameters:
Entry Zone: 3,314.00 – 3,311.50
SL: 3,304.40 (below OB)
TP1: 3,319.70
TP2: 3,325.90
Bias: Bullish (scalp-to-swing)
#NIFTY Intraday Support and Resistance Levels - 28/05/2025Today, Nifty is expected to open flat near the 24800–24850 zone. If it sustains above 24800–24750, a bullish move is possible toward 24850, 24900, and 24950+.
Further momentum may be seen if Nifty breaks and holds above 25000, targeting 25150, 25200, and 25250+.
On the downside, if Nifty fails to hold above 24950–24900 and starts slipping below this zone, short trades can be considered with targets of 24850, 24800, and 24750.
A breakdown below 24700 may accelerate selling pressure, leading to extended downside targets of 24650, 24600, and 24550.
Expect choppy moves near key levels — trade with a defined stop loss and lock in profits at each stage.
#NIFTY Intraday Support and Resistance Levels - 27/05/2025Today, Nifty is expected to open flat near the 25000 level. If it sustains above 25000, we may see bullish momentum toward 25150, 25200, and 25250+. This level is a key breakout zone for further upside.
However, if Nifty fails to hold above 25000 and starts trading below the 24950–24900 zone, a short trade setup may trigger with downside targets of 24850, 24800, and 24750.
Further weakness will be confirmed only if Nifty breaks below 24750–24700, possibly extending the downside to 24600 and 24550.
[INTRADAY] #BANKNIFTY PE & CE Levels(26/05/2025)Today, Bank Nifty is expected to open with a gap-up above the 55550 level. If it sustains above this zone, we may see a strong upside rally toward 55750, 55850, and 55950+. This level breakout can trigger bullish momentum for the session.
However, if Bank Nifty fails to hold above 55550 and slips below 55450–55400, then a short trade opportunity arises with downside targets at 55250, 55150, and 55050.
Further weakness can be expected only if Bank Nifty breaks below 54950, opening downside levels of 54750, 54650, and 54550.
Is the BTC Bull Tired ? A Healthy Pullback May Be on the Horizon🚨 Market Watch Update 🚨
Hey fam while the macro trend is still bullish overall, I'm noticing signs that this current uptrend might be running out of steam. There’s a good chance we’re nearing a breakdown from the rising channel, which could open the door for a healthy correction down toward that ~$90K area.
Last week’s breakout really shook things up a ton of short positions got liquidated, which helped push the price higher in the short term. Classic squeeze move. 👀
But here’s what I’m watching next
🔻 In the near term, I’m leaning slightly bearish. I wouldn’t be surprised if price pulls back into the $102K–$99K zone sometime this week. That range could offer a decent reset before the next major move.
🧠 Remember, when green candles start popping, retail FOMO tends to kick in hard — folks jump in late, thinking the rally will never end.
That’s exactly where market makers step in, taking profits and reloading at better levels. Don’t be the exit liquidity.
Stay patient. Stay sharp. And as always I’ll keep you posted with a deeper dive soon. 🎯
#NIFTY Intraday Support and Resistance Levels - 22/05/2025Today a flat opening is expected in Nifty. After opening, if Nifty sustains above the 24750–24800 level, an upside movement is likely towards 24850, 24900, and possibly up to 24950+, which will act as a strong resistance zone for today’s session. Any rally reaching this level may witness a reversal.
On the downside, if Nifty starts trading below 24700, a major downside movement is expected towards 24600, 24550, and potentially 24500– levels in today’s session.
[INTRADAY] #BANKNIFTY PE & CE Levels(13/05/2025)Today will be flat or slightly gap up opening expected in banknifty. After opening if banknifty sustain above 55050 level then expected upside movement upto 55450 and this movement can extend for further 400-500+ points in case banknifty gives breakout of 55550 level. Any downside only expected below 54950 level. Downside 54550 level will act as a strong support for today's session.
#NIFTY Intraday Support and Resistance Levels - 12/05/2025Gap up opening expected in nifty near 24500 level. After opening if nifty starts trading above 24550 level then expected this rally can extend upto 24750+ in today's session. Downside 24250 level will act as a strong support for today's session. Any downside movement can reversal from this level. Major downside only expected below 24200.
[INTRADAY] #BANKNIFTY PE & CE Levels(12/05/2025)Today will be gap up opening in banknifty. Expected opening above 54000 level. After opening if banknifty sustain above this level then expected further extension in this rally towards the 54450 and this can give another 400-500+ points targets if starts trading above 54550 level. Any downside now only expected below 53950 level.
#NIFTY Intraday Support and Resistance Levels - 09/05/2025Gap down opening expected in nifty. After opening if nifty starts trading below 23950 level then possible further downside upto 23750. Any upside movement can possible if nifty sustain above 24000 level. Upside 24200-24250 zone act as a strong resistance for today's session. Any upside rally can reversal from this level.
#NIFTY Intraday Support and Resistance Levels - 08/05/2025Flat opening expected in index. After opening it will face major resistance at 24500 level. If reversal from this level can give downside movement upto 24250 support level. Strong upside rally only expected if nifty starts trading and sustain above 24500 level. Currently nifty consolidating in between range of 24250-24450 levels.
#NIFTY Intraday Support and Resistance Levels - 07/05/2025Today will be slightly gap down opening expected in nifty. After opening if nifty sustain above 24250 level then expected consolidated movements in index in between 24250-24450 level. Major downside expected in case nifty gives breakdown of support level and starts trading below 24200. This downside rally can goes upto 24000 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(07/05/2025)Today will be slightly gap down opening expected in index. Expected opening near 54000 level. After opening if banknifty starts trading below 53950 level then possible strong downside movement in index upto 53550 level. Any bullish side movement expected if banknifty starts trading and sustain above 54550 level.