USDJPY SHOWING A GOOD DOWN MOVE WITH 1:9 RISK REWARD USDJPY SHOWING A GOOD DOWN MOVE WITH 1:9 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Trend Lines
Nifty Intraday Analysis for 25th February 2025NSE:NIFTY
Index closed near 22555 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23000 Strike – 140.30 Lakh 22800 Strike – 135.80 Lakh
22700 Strike – 98.39 Lakh
Put Writing
22500 Strike – 99.74 Lakh
22600 Strike – 89.40 Lakh
22000 Strike – 87.75 Lakh
Index may reach 22700 - 22750 range, if crosses and sustains above 22650 level. Further, Index may reach 22875 - 22925 range, if sustain above 22750 level.
Index has immediate support near 22450 – 22400 range and if this support is broken then index may tank near 22250 – 22200 range.
NIFTY: Trend Shift Signals Deeper Correction PotentialTopic Statement:
NIFTY has broken below its long-term up trendline, indicating a shift in trend with potential for further downside.
Key points:
1. The price has breached the long-term up trendline, suggesting a bearish or sideways trend.
2. Immediate support may be found at the 23.6% retracement level at 21,851.
3. Further correction to the 38.2% retracement level at 19,100 is possible.
4. The trend will remain bearish or sideways until a breakout above the down-trendline occurs.
SWING (KEEP WATCH ) - Narayana Hrudalaya Script is in momentum after bounce from support Trendline 1300 levels and clearing swing Resistance 1400 levels with HH HL formation, can be tracked for a retracement around 1430 for entry with 3% SL and then expect good move
(whenever retracement is due , quantities should be kept low and added only with confirmation)
XAUUSD 24-02 LongDear traders, here are the important pivot support zone of XAUUSD (15m), candles taking support at the pivot level it represents short time intraday buy direction,based on previous day movement and market trend.
Note: Intraday view only
Entry : 2941.93
Target :2951.93
Stop loss:2931.93
RRR 1:1
Banknifty Intraday Analysis for 24th February 2025NSE:BANKNIFTY
Index closed near 48980 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
50000 Strike – 18.72 Lakh
49000 Strike – 15.07 Lakh 49500 Strike – 14.84 Lakh
Put Writing
49000 Strike – 13.39 Lakh
48000 Strike – 12.79 Lakh
48500 Strike – 9.88 Lakh
Index has resistance near 49500 – 49600 range and if index crosses and sustains above this level then may reach near 50300 – 50400 range.
Index has immediate support near 48500 - 48400 range and if this support is broken then index may tank near 47900 - 47800 range.
Banknifty Intraday Analysis for 25th February 2025NSE:BANKNIFTY
Index closed near 48650 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
50000 Strike – 23.24 Lakh
49000 Strike – 16.95 Lakh 49500 Strike – 16.33 Lakh
Put Writing
44500 Strike – 15.32 Lakh
47000 Strike – 14.42 Lakh
48000 Strike – 13.04 Lakh
Index has resistance near 49050 – 49150 range and if index crosses and sustains above this level then may reach near 49650 – 49750 range.
Index has immediate support near 48250 - 48150 range and if this support is broken then index may tank near 47850 - 47750 range.
Finnifty Intraday Analysis for 25th February 2025NSE:CNXFINANCE
Index closed near 22995 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
23500 Strike – 3.84 Lakh
23300 Strike – 2.09 Lakh
23600 Strike – 1.40 Lakh
Put Writing
22500 Strike – 1.54 Lakh
23000 Strike – 1.23 Lakh
23500 Strike – 1.22 Lakh
Index has resistance near 23150 - 23200 range and if index crosses and sustains above this level then may reach near 23350 - 23400 range.
Index has immediate support near 22850 – 22800 range and if this support is broken then index may tank near 22725 – 22675 range.
Midnifty Intraday Analysis for 25th February 2025NSE:NIFTY_MID_SELECT
Index closed near 11125 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
11500 Strike – 10.33 Lakh
11400 Strike – 8.74 Lakh
11200 Strike – 6.67 Lakh
Put Writing
11000 Strike – 14.64 Lakh
11100 Strike – 6.02 Lakh
10800 Strike – 5.57 Lakh
Index has immediate resistance near 11250 – 11300 range and if index crosses and sustains above this level then may reach 11400 – 11550 range.
Index has immediate support near 11000 – 10950 range and if this support is broken then index may tank near 10900 – 10850 range.
Nifty Intraday Analysis for 24th February 2025NSE:NIFTY
Index closed near 22795 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23000 Strike – 109.49 Lakh 23500 Strike – 99.51 Lakh
23100 Strike – 85.40 Lakh
Put Writing
22500 Strike – 86.90 Lakh
22200 Strike – 73.16 Lakh
23000 Strike – 59.06 Lakh
Index may reach 23000 - 23050 range, if crosses and sustains above 23050 level. Further, Index may reach 23150 - 23200 range, if sustain above 23100 level.
Index has immediate support near 22750 – 22700 range and if this support is broken then index may tank near 22650 – 22600 range.
Finnifty Intraday Analysis for 24th February 2025NSE:CNXFINANCE
Index closed near 23175 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
23500 Strike – 2.57 Lakh
23300 Strike – 1.38 Lakh
23200 Strike – 1.14 Lakh
Put Writing
23500 Strike – 1.37 Lakh
23000 Strike – 1.24 Lakh
23400 Strike – 1.06 Lakh
Index has resistance near 23550 - 23400 range and if index crosses and sustains above this level then may reach near 23525 - 23575 range.
Index has immediate support near 23025 – 22975 range and if this support is broken then index may tank near 22775 – 22725 range.
Midnifty Intraday Analysis for 24th February 2025NSE:NIFTY_MID_SELECT
Index closed near 11200 level and Maximum Call and Put Writing near CMP as below in February Month contract:
Call Writing
11500 Strike – 8.69 Lakh
11300 Strike – 7.52 Lakh
11400 Strike – 6.68 Lakh
Put Writing
11000 Strike – 12.41 Lakh
11500 Strike – 6.38 Lakh
11300 Strike – 6.18 Lakh
Index has immediate resistance near 11350 – 11400 range and if index crosses and sustains above this level then may reach 11500 – 11550 range.
Index has immediate support near 11150 – 11100 range and if this support is broken then index may tank near 10950 – 10900 range.
BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:5 RISK REWARD BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:5 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
BankNIFTY: Holding Strength Amid Market CorrectionTopic Statement:
BankNIFTY is undergoing a correction but remains more resilient than NIFTY, with key retracement levels acting as support.
Key points:
1. The price has breached the weekly up-trendline, signaling an end to the bullish trend.
2. BankNIFTY may see further correction, shifting its trend to sideways or bearish.
3. Retracement levels will serve as key support zones during the correction.
Positional or longterm opportunity in CESCGo Long @ 139.6 for Targets of 165, 185.8, and 276.5 with SL 124.2
Reasons to go Long :
1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.618 Fibonacci level.
2. Besides, a bullish candlestick pattern Bullish Engulfing (marked with orange) is formed around the 0.618 Fibonacci level.
3. Also there is a strong Trendline (marked with green color) which earlier was acting like resistance but now is providing support to the stock.
FIN-NIFTY analysis for the weekKey Observations:
Current Price: 23,174.35 INR
Price Change: +2.85 INR (0.46%)
Volume: 1,887,686 shares
Timeframe: Daily
Conclusion:
Short-Term Traders: Monitor the reversal zone closely for potential entry points. Use the target levels as potential profit-taking zones.
Long-Term Investors: Keep an eye on the key support levels to gauge market strength and make decisions accordingly.
Risk Management: Maintain a stop-loss slightly below the lowest support level (22,878.40) to minimize potential losses.
This technical analysis suggests a balanced market sentiment with potential for upward movement if the reversal zone is respected. The multiple target levels offer opportunities for traders to capitalize on price momentum shifts.
Technical Analysis Summary:
Price Action: The current price is within a well-defined trading range. The highlighted reversal zone suggests a potential area where price momentum could shift.
Support and Resistance: Multiple support and resistance levels provide a comprehensive framework for potential price movements. The key support level at 22,878.40 might act as a strong defense against further price decline, while the target levels indicate potential upward price movement if the reversal is confirmed.