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Support and Resistance

BankNifty levels - May 28, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe
Nifty levels - May 28, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We hope you find this information beneficial in your trading endeavors. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you success in your trading activities!
NSE:NIFTY
by sacxe
ACCESSCORP LONG IDEAAccording to the Compendium of Broker's stock recommendation from May 26 to 30, 2025, a buy recommendation was made for ACCESSCORP. This caught my attention and I needed to see what made Bancorp Securities, Afrinvest and Lead Capital to make the buy recommendation. In January, 2024, ACCESSCORP reached its all-time high, a value around 30.75. This rally started in September 2023 from a value of around 14.50. Then, there was a pullback into the discount in April, 2024 at a value of around 15.95. After which, price rose as high as 28.95 in February, 2025. This was also followed by a drop into the discount level in April, 2025. That time could have been a good long opportunity as price dropped into the discount level, mitigate a demand zone, support level and trend line; all lining at the area around 20.10. Recently, bullish engulfing candlestick was formed around a key level and trend line. And this was a drop to the demand zone around 21.70. This is a good price to continue with the trend. At the current price, it is good to take a long position targeting the all-time high of 30.75. Confluences for the long idea: 1. Price is respecting the uptrend. 2. Price is in discount level. 3. Trend line, support and demand zone converged at the same area. 4. Awesome oscillator is in oversold region. Disclaimer: This is not a financial advice. The outcome maybe different from the projection. If you can't accept the risk, don't take the signal.
NSENG:ACCESSCORPLong
by KofTFx
What to Watch in Nvidia Earnings and Key Technical LevelsStock markets around the globe are turning their focus to one key earnings report: Nvidia. AI has been the primary driver of the U.S. stock market over the past few years, and Nvidia’s earnings are widely viewed as the best indicator of growth in the AI sector. The correlation between Nvidia and broader U.S. stock performance as well as its influence on global equities, crypto, and FX is strong enough for the world to fixate on this report. Nvidia is expected to report $0.88 EPS for the first quarter of FY2026, representing a 43.36% year-over-year increase, but a slight decline quarter-over-quarter. The company previously guided revenue between $42.14 billion and $43.86 billion, with market consensus currently at $43.317 billion, in line with that range. The key revenue stream, Data Center, is expected to generate $39.357 billion, reflecting 74.44% growth. Some analysts are forecasting as high as $42.051 billion for this segment alone. At a forward P/E ratio of 27.6x, Nvidia is trading well below its 1-year (32.1x), 2-year (33.7x), and 5-year (40.1x) historical averages. This more favorable valuation, coupled with strong AI tailwinds, could present a solid medium- to long-term buying opportunity if earnings and guidance support the growth narrative. After breaking out of the downtrend, NVDA approached the 140 resistance level but failed to break through. Following the upcoming earnings release, if Nvidia pulls back to either 118 or 110, those levels could present buying opportunities, assuming the report isn’t significantly negative. It’s worth noting that sometimes real market expectations run much higher than the analyst consensus, which can lead to a selloff even after a strong earnings report. The 154 level remains the key resistance for now, and in our view, a breakout this week carries a relatively low probability. If the report tomorrow exceeds expectations, 154 could still act as a barrier and trigger some profit-taking by Nvidia bulls.
NASDAQ:NVDA
by ftdsystem
1INCH Inverse Head & Shoulders (1H)BINANCE:1INCHUSDT completed an Inverse Head & Shoulders pattern, clearly visible on the hourly timeframe. Key Levels • Left Shoulder: $0.223 • Head: $0.218 • Right Shoulder: $0.223 • Neckline: $0.232 • Measured Target: $0.245 (aligned with local high) Status Breakout has already occurred, activating the target. Next Steps It may be too late to chase, but a retest of the neckline as support (~$0.232) could offer a compelling long entry. Invalidation Levels • Early Invalidation: Break below $0.232 • Full Invalidation: Break below the right shoulder at $0.223
Long
by AliferCrypto
IOTX buy/long setup (1D)An important trigger line has been broken, and the price has been moving sideways for a while. There is also a bullish CH on the chart. It is expected that the price will make a pullback to the support zone and then move toward the supply zones higher on the chart. We are looking for buy positions at the entry points. A daily candle closing below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
How will the short-term trend of gold develop?From a technical perspective, the overall volatility is limited. In the near future, the upper side is under pressure from the trend line, and the lower side is affected by the 4-hour middle track support. The overall trend is maintained in the range of 3365-3322. The current monthly line is approaching its closing, and the short-term market is temporarily in a high-level oscillation stage. In the 4-hour cycle, the price range is gradually narrowing, waiting for a directional breakthrough. The lower support focuses on the 3325-3320 middle track position and the previous top and bottom conversion support of the 3308 line; the upper pressure focuses on the 3352 and 3365 areas. After a slight high opening, it weakened. The overall idea is still to treat it as a wide range of fluctuations. It is recommended to be long and short in operation, and adjust the strategy after breaking through. Operation suggestion: Go long near 3330-3323, and the target is 3340 and 3352; If the pressure near 3352 is not broken, consider shorting, and the target is to fall back to the 3330 line.
OANDA:XAUUSDLong
by TP_Daniel5
MarketBreakdown | USDJPY, US100, BITCOIN, GBPJPY Here are the updates & outlook for multiple instruments in my watch list. 1️⃣ #USDJPY 4H time frame 🇺🇸🇯🇵 I see a strong bullish reaction to a key daily/intraday horizontal support. A formation of a high momentum bullish candle and a violation of a resistance line of a bullish flag indicate a highly probable rise to higher levels. 2️⃣ #US100 #NASDAQ Index 4H time frame I spotted one more bullish flag on US100. Its resistance was violated yesterday and we already see a strong buying interest. I think that the market will rise more, at least to a current local high. 3️⃣ #BITCOIN #BTCUSD daily time frame The price nicely respected a confluence zone based on a rising trend line and a recently broken horizontal structure. Probabilities will be high that the market will continue rising from that. 4️⃣ #GBPJPY daily time frame 🇬🇧🇯🇵 The price nicely respected a solid rising trend line. I see a breakout attempt of a minor daily horizontal resistance. IF a daily candle closes above that, it will provide a strong bullish confirmation. Do you agree with my market breakdown? ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by VasilyTrader
1
GBPUSD Trending Higher - Can Bulls Maintain Momentum?OANDA:GBPUSD is trading within a clearly defined ascending channel, with price action continuing to respect both the upper and lower boundaries. The recent bullish momentum indicates that buyers are maintaining an advantage, increasing the likelihood of a continued upward trend. Price has broken through a key resistance zone and successfully retested this area as support, confirming the bullish structure. This retest helps to reinforce the bullish outlook, with the next technical target around the 1.38000 level, in line with the upper boundary of the trend channel. As long as price remains above the newly established support zone, the bullish trend remains intact. If this support zone is broken, a corrective scenario toward the midline or lower boundary of the channel should be reconsidered. The analysis reflects a personal view based on price action and market structure, and is not financial advice. Appropriate risk management should be ensured in all trading situations.
Long
by LucasMgoldview
1
Gold Approaches Resistance – Will It Drop to 3,290?OANDA:XAUUSD is currently approaching a previous key resistance level, an important area that has previously acted as a reversal zone where bullish moves were strongly rejected. This is also where sellers have intervened aggressively in the past, so it is worth watching, especially for anyone considering short trades. Additionally, this price zone also coincides with the upper boundary of the ascending channel, increasing the likelihood of selling pressure if bullish momentum starts to fade. Such overbought conditions often lead to significant pullbacks, supporting necessary corrections. If we start to see signs that price is being rejected here such as long wicks, bearish candles, or buyers starting to lose momentum. I think we could see a move down toward the 3,290 level. But if price clearly breaks through this area, that could invalidate the bearish idea and suggest the uptrend may even continue. This area is quite important and may help us better understand the next direction of price. As usual, this is a personal view of the market and not financial advice.
OANDA:XAUUSDShort
by LucasMgoldview
3
Gold Rising in the Short Term: Is a Breakout the Goal?Hello to all dear traders! In general, Gold has gone through a very strong rally for some time, but I don't think this will continue to happen consistently in the future. As we can see, gold prices continue to benefit from various factors in the international market from the USD halting its upward momentum for four consecutive weeks and pulling back, to geopolitical tensions in many regions that have yet to ease. Most recently, the move by the U.S. President regarding the potential imposition of high tariffs on imported goods from the EU. The market structure is beginning to show signs of exhaustion, as such overbought conditions often lead to significant pullbacks, supporting necessary corrections. Although the long-term trend remains optimistic, I believe early next week may witness a short-term pullback. We can see that gold is currently facing rejection just above the upper boundary of the ascending channel on the 4-hour chart, a zone that also aligns with a low-volume area. At this level, around 3,350, I don’t recommend chasing the highs. Unless this zone is clearly broken with confirmation, entering long positions here would be more of an emotional decision than a strategic one. In my view, this remains a market where buying on dips makes more sense. Consider accumulating on pullbacks and holding until we revisit the 3,500 level once again. In the long run though the bias remains bullish with potential to challenge the 3,435 and as well as 3,500 in the big picture. But if you're watching for buys: Observe price behavior on Monday Only enter positions when the bullish structure is maintained Avoid FOMO; buy only when there’s a clear breakout signal with a confirmed candlestick pattern For sells: Prioritize when there is a clear bearish rejection candlestick on H4 or Daily Do not enter if there is no solid confirmation signal
OANDA:XAUUSDShort
by LucasMgoldview
4
Potential NEO 1H ScalpBITGET:NEOUSDT is currently testing resistance around $6.66 with RSI in overbought territory, which could trigger a short-term pullback. A 0.5–0.618 retracement into the unmitigated hourly FVG ($6.39–$6.47) could provide a compelling long entry, while allowing an RSI reset and potentially forming an IH&S pattern. The measured target for a breakout above ~$6.66 would be ~7.00 (still valid in case of a direct breakout without a pullback). Setup 1 • Trigger: Pullback to $6.39–$6.47 and reversal • Invalidation: Sustained break below $6.39 Setup 2 • Trigger: Break above $6.66 with volume • Invalidation: Failure to hold $6.66 after breakout
Long
by AliferCrypto
2
TRBUSDT → High probability of a false breakoutBINANCE:TRBUSDT.P is testing resistance in the 38,700 range as part of a rally. The current strong movement may end in a false breakout... TRB is forming a distribution pattern. After exiting consolidation, the price rallied 16%, exhausting its potential for further growth. A false breakout of resistance could trigger a correction. Bitcoin looks controversial in the overall situation. After a false breakout of the 110K resistance, the price is consolidating below the level. If the flagship correction begins, it may also trigger a correction in altcoins... Resistance levels: 38,700 Support levels: 35.98, 33.65 If the price fails to consolidate above the level and continue to rise, this will confirm the absence of bullish potential. A false breakout and price consolidation below 38.700 will trigger a correction to 36 - 33 Best regards, R. Linda!
by RLinda
Trade Idea: EUR/USD Bearish BiasPrice has finally broken below the key support zone with strong bearish momentum, confirming potential trend shift. The plan now is to wait for a break-and-retest of the broken support area (now resistance) around 1.1365–1.1385. Look for bearish rejection signals to enter short, targeting the next demand zone near 1.1315–1.1300. 📉 Bias: Bearish 🔍 Confirmation: Retest & rejection at previous support 🎯 Target: 1.1315 🛑 Invalidation: Clean break back above 1.1395 "Let the market come to you—don’t chase, wait for the retest."
Short
by dannyrahadian