varma010

varma010

Price is moving within a horizontal range, showing accumulation or distribution. Multiple touches at both support and resistance indicate a well-defined structure. A valid breakout with volume confirmation would be an ideal long entry. Key Levels on the Chart: Support Zone: Around $2,920 - $2,925 (Lower boundary of the consolidation range). Resistance Zone:...

varma010

Analysis ---------- Support Zone: The ascending yellow trendline acts as a support area. Price has bounced from this line multiple times, as indicated by the marked “$$$” levels. If this trendline holds, it could indicate a short-term price recovery. Resistance Zone: The grey shaded area around $92,500 - $92,800 is the resistance zone. Price has been rejected...

varma010 Updated 

There is a strong bullish order block along with FVG at 1987.0 level in Gold. If price falls to that level..It can be reversed from the zone (It will be like a sell side liquidity sweep)

varma010

Wait for the breakout. The nifty 50 still looking bullish from my analysis...If it breaks the above trendline on above all emas..A new high can be expected.

varma010

Nifty 50... Today in the 2nd half given a good bounce..Trend line acting as a major support