#NIFTY Intraday Support and Resistance Levels - 23/09/2025For Nifty, a flat opening is expected near the 25,200 zone. On the upside, sustaining above 25,250–25,300 can trigger a bullish move toward 25,350, 25,400, and 25,450+. A breakout above 25,500 will further strengthen the trend, opening the path toward 25,650–25,750+.
On the downside, immediate support lies at 25,200–25,150. A break below this may invite selling pressure, dragging the index toward 25,100, 25,050, and 25,000-. If weakness extends further, strong support exists around 24,950–25,000.
Overall, Nifty is trading at a crucial support zone. A decisive move on either side will dictate intraday direction, so traders should wait for confirmation and manage trades with strict stop-losses.
Chart Patterns
[INTRADAY] #BANKNIFTY PE & CE Levels(23/09/2025)For Bank Nifty, a flat opening is expected around the 55,250–55,300 zone. On the upside, sustaining above 55,050–55,100 can trigger bullish momentum toward 55,250, 55,350, and 55,450+. A breakout above 55,550 will further strengthen the index, opening the path toward higher levels of 55,750–55,950+.
On the downside, immediate support lies at 54,950–54,900. A breakdown below this zone may invite selling pressure, dragging the index lower to 54,750, 54,650, and 54,550-. If weakness extends, strong support can be seen around 54,450–54,400.
Overall, Bank Nifty is trading in a range with a neutral bias, and a clear breakout on either side will decide the next directional move. Traders should stay cautious near key levels, follow breakout confirmations, and keep strict stop-losses in place.
XAUUSD – Wolfe Waves forming on H4 chart, clear correction signaHello Trader,
On the H4 chart, gold is forming a quite standard Wolfe Waves pattern. The 5th wave has completed, and the price is moving into the crucial resistance zone of 3760 – 3770, which is also a potential Sell Zone. Given the current structure, the preferred scenario is a short-term downward correction before the main trend resumes.
Technical Analysis
The price has touched the 2.618 Fibonacci Extension and reacted with a decline, indicating profit-taking pressure.
The MACD still shows the previous buying force was quite strong, but the histogram is starting to weaken, aligning with the possibility of a correction wave emerging.
Area 3760 – 3770: a critical resistance zone, also coinciding with the 5th wave line of Wolfe Waves.
Trading Scenario
Sell order according to Wolfe Waves
Entry: 3760 – 3770
SL: 3782 (above resistance zone)
TP: 3710 -3660 -3610 – 3620 (key level Wolfe target)
Sell when price confirms below trendline
Entry 3727-3730
sl 3735
tp 3715-3700-3686-3665
Short-term Buy Scalping
Entry: 3705 – 3708
SL: 3700
TP: 3720-3730 – 3745- 3766
Note: This is just a short-term retracement strategy, going against the correction, so risk management is crucial.
Conclusion
Short-term: Prioritise observing reversal signals at 3760 – 3770 to Sell.
Medium-term: Wait for Buy opportunities around 3564 – 3574 to align with the main trend.
The market is entering a distribution and correction phase, so patiently waiting for candle confirmations at key zones will be key to optimising entry.
This is the Wolfe Waves scenario I propose for gold during this period. You can refer to and adjust according to your own strategy.
Follow me for the fastest updates when the price structure changes.
Nifty strategy for 23/09/25Support levels :25140,25035
Resistance levels : 25278,25370
Disclimer :I AM NOT A SEBI RESEARCH ANALYST OR FINANCIAL ADVISOR, these recommendations are only for education purpose, not for trading and investment purpose please take an advise from your financial advisor before investing on my recommendations.
🙏 : If you liked my content please suggest to your friends follow my trading channel. Your likes and comments provide boosting to me to update more financial information.
Thanking you for supporting me
Mahindra & Mahindra Price ActionMahindra & Mahindra (M&M) closed today at ₹3,584.8, showing a slight decline of about 0.2% from the previous close. The stock traded in a range between ₹3,569 and ₹3,616 during the session, indicating sideways movement with moderate volatility. Despite the minor pullback, M&M remains well above its 50-day and 200-day moving averages, supporting its medium-term upward trend.
The stock exhibits strong fundamentals with an EPS of ₹122.13 and a price-to-earnings ratio near 29.35, reflecting reasonable valuation relative to its earnings. Return on capital employed (ROCE) stands around 13.9%, and the company has a consistent track record of delivering sales and profit growth at healthy compounded annual rates over recent years.
Key support levels to watch are ₹3,550 and ₹3,500, while resistance lies near the recent session high at ₹3,616 and extends toward the 52-week high vicinity near ₹3,724. Momentum indicators show mild consolidation, suggesting that a break above resistance could lead to renewed buying interest.
Overall, M&M is in a stable position with a constructive outlook, balancing between short-term consolidation and medium- to long-term targets driven by robust business performance and diversified presence across automotive and industrial segments.
VSTTILLERS Price Action Multiple set upVST Tillers Tractors Ltd closed today at ₹5,186, slipping slightly by approximately 0.86%. The stock traded between an intraday low of ₹5,146 and a high of ₹5,272, reflecting minor profit booking after recent robust gains. The company remains fundamentally strong, operating with zero debt for the last five years and consistently offering a dividend payout.
Technically, VST Tillers holds above its 50-day and 200-day moving averages, maintaining its uptrend on the daily chart. The price-earnings ratio is approximately 39, and return on capital employed stands healthy. Support is clustered around ₹5,146, with the next key zone near ₹5,100; resistance is seen at ₹5,272 with the all-time high at ₹5,548. In terms of market cap growth and volume, investor interest remains elevated, supporting its overall upward trajectory.
In summary, VST Tillers is showing strong medium-term structure with bullish bias. Pullbacks have attracted buyers and, barring a decisive fall below ₹5,100, the stock is well positioned for further appreciation towards its 52-week high region.
SYRMA Price ActionSyrma SGS Technology Ltd closed at ₹816.25 today, down 1.39% with a loss of ₹11.5 from the previous session. The stock opened at ₹834.80 and traded within a range of ₹811.95 to ₹836.95, reflecting a mildly bearish session after demand failed to sustain above recent highs. Despite the pullback, Syrma SGS remains in a firm uptrend on longer time frames, still trading well above its 50-day and 200-day averages.
The price action signals some profit booking near resistance zones close to ₹837, while immediate support now lies at ₹812 and secondary support at ₹800. With the recent rally, momentum indicators are cooling but not oversold, suggesting a potential for pause or minor consolidation before the next directional move. With a price-to-earnings ratio near 72.5, Syrma trades at a premium on growth expectations, and market cap continues to expand, standing around ₹14,544 crore.
Overall, the technical posture remains bullish in the medium term, though short-term traders should watch for stabilization near support zones and a decisive close above ₹837 for renewed upside momentum.
STAR Price ActionStrides Pharma Science Ltd (STAR) ended today at ₹869.3, closing near the upper half of its intraday range between ₹863.15 and ₹875.45. The stock displayed steady upward momentum throughout the session, supported by healthy trading volumes and buyers consistently stepping in closer to support zones.
### Technical Structure
- STAR trades above both its 20-day and 50-day moving averages, reaffirming short-term strength and a continued positive breakout structure.
- The daily chart features a sequence of higher lows, confirming bullish undertones and consistent accumulation by market participants.
- Momentum indicators such as RSI are hovering in the 58–62 range, signaling a healthy balance between momentum and overbought conditions, while the MACD line remains above the signal, adding to bullish conviction.
### Key Levels
- **Immediate Resistance:** ₹875; a close above this level may set the stock up for a push toward ₹900 and possibly ₹925 in the coming week.
- **Support Levels:** Strong buying support exists at ₹860. If breached, the next zone to watch is ₹845, which aligns with previous swing lows and potential moving average support.
### Volume and Sentiment
Trading activity was above the recent average, echoing the prevailing bullish sentiment and indicating that institutional and retail interest remains robust. A clear move with expanding volume above ₹875 would likely validate the next leg of the rally.
### Short-Term Outlook
As long as STAR maintains above ₹860, the trend remains firmly in favor of the bulls, and further gains can be expected on continued market strength. Short-term profit booking may occur near resistance, but overall sentiment and technicals point to strong underlying support for further appreciation.
BANKNIFTY : Trading levels and plan for 23-Sep-2025BANK NIFTY TRADING PLAN – 23-Sep-2025
Levels to Watch:
🟥 55,784 – Major Upside Resistance
🟥 55,595 – Last Intraday Resistance
🟥 55,465 – Opening Resistance
🟧 55,261 – 55,311 – Flat Opening Zone (Support/Resistance)
🟩 55,102 – 55,152 – Opening & Last Intraday Support
🟩 54,862 – Major Downside Support
🚀 Gap Up Opening (200+ points above previous close)
If Bank Nifty opens above 55,465, buyers will have the initial advantage. The first hurdle to watch is 55,595. Sustaining above this level may attract further momentum toward 55,784.
However, if rejection comes near 55,595, we may witness profit booking, and the index could retest the 55,465 zone.
Traders should wait for a sustained candle close above 55,595 before attempting long positions with targets near 55,784.
Educational Note: A gap-up near resistance can often trap aggressive buyers. Always confirm with price action instead of jumping in immediately.
📉 Flat Opening (within 100 points range)
In this case, focus will be on the 55,261 – 55,311 zone, which will act as the deciding area.
Sustaining above this zone can trigger buying toward 55,465 and then 55,595.
Failure to hold here may drag the index down to 55,102 – 55,152 support. A break below this support zone could open the way for 54,862.
Educational Note: Flat openings provide the clearest opportunity for structured intraday trades because levels from the previous day remain valid. Patience during the first 15–30 minutes is key.
⚠️ Gap Down Opening (200+ points below previous close)
If Bank Nifty opens below 55,102, it will show weakness, and pressure may build toward 54,862.
Any attempt to recover will face resistance first at 55,102 – 55,152, and then at 55,261 – 55,311 if buyers push further.
A sustained move below 54,862 can lead to deeper selling, but oversold bounces may occur, so manage positions carefully.
Educational Note: Gap downs tend to induce panic trades. Avoid rushing into shorts at the open; instead, let the first 15 minutes establish whether weakness will sustain.
💡 Risk Management Tips for Options Traders :
Always define your stop loss; do not average out of fear.
Avoid selling naked options; prefer spreads to limit risk.
Position sizing should not exceed 2–3% of total capital per trade.
If trading intraday, trail your stop losses to protect gains.
On volatile days, use ATM/ITM options for directional trades instead of far OTM, which may decay quickly.
✅ Summary & Conclusion :
A Gap Up needs strong follow-through above 55,595 to aim for 55,784.
A Flat Opening near 55,261 – 55,311 will decide the trend for the day.
A Gap Down below 55,102 could invite selling pressure toward 54,862.
Patience in the opening 30 minutes and respecting key support/resistance levels will be crucial for capturing the best risk-reward opportunities.
⚠️ Disclaimer : This analysis is for educational purposes only. I am not a SEBI-registered analyst . Please do your own research or consult with a financial advisor before taking any trading decisions.
NIFTY : Trading levels and plan for 23-Sep-2025NIFTY TRADING PLAN – 23-Sep-2025
Nifty closed near 25,200, holding around the critical zone of 25,189–25,200, with multiple resistances above and strong support below.
Opening Resistance: 25,261
Sideways Resistance Zone: 25,261–25,296
Last Intraday Resistance: 25,379
Major Resistance: 25,479
Opening Support: 25,189
Last Intraday Support (Buyers’ Zone): 25,000–25,046
With a gap opening threshold of 100+ points, let’s look at the trading scenarios in detail:
🚀 Gap Up Opening (100+ points above previous close)
If Nifty opens near or above 25,300–25,320, it will enter a test zone of 25,261–25,296.
A sustained breakout above 25,296 may invite momentum buying towards 25,379, and a further extension can take it towards 25,479.
If Nifty fails to sustain above 25,296, then a pullback towards 25,261–25,200 can occur. This retracement may offer intraday shorting opportunities.
👉 Traders should avoid chasing the initial spike. Waiting for 15–30 minutes for confirmation will help avoid false breakouts.
⚖️ Flat Opening (near 25,180–25,220 zone)
In case of a flat start, the immediate play will be between 25,189 (support) and 25,261 (resistance).
A decisive move above 25,261 can attract bullish momentum towards 25,296–25,379.
Conversely, slipping below 25,189 may drag Nifty back towards 25,046, which is a critical buyer’s zone.
👉 This is the best scenario for breakout traders, as both sides provide clear risk-reward setups depending on the direction chosen by the market.
📉 Gap Down Opening (100+ points below previous close)
If Nifty opens near or below 25,100, immediate pressure will shift focus to the 25,000–25,046 buyer’s support zone.
A quick bounce from this zone can trigger a recovery rally back towards 25,189–25,261.
However, if Nifty breaks below 25,000 and sustains, it will trigger strong bearish momentum, possibly extending the fall towards 24,950–24,880 levels.
👉 In this setup, option traders can look for put buying opportunities but must keep stop-losses tight, as volatility will be high around psychological levels like 25,000.
🛡️ Risk Management & Option Trading Tips
Always allow the first 15–30 minutes for market direction to settle before taking trades.
Trade near support/resistance zones; avoid entries in the middle range.
Follow hourly candle closing for breakout confirmations.
Keep a 1:2 minimum risk-reward ratio to filter low-quality trades.
In options trading, avoid over-leveraging as premiums decay quickly on sideways days.
Respect levels like 25,000, which act as strong psychological supports/resistances.
📌 Summary & Conclusion
Above 25,296, bullish momentum may extend towards 25,379–25,479 🚀.
Flat openings will revolve around 25,189–25,261 levels, offering breakout trades ⚖️.
Below 25,000, deeper bearish pressure may emerge, targeting 24,950–24,880 📉.
Discipline, patience, and waiting for price confirmation at key levels will be crucial for success.
⚠️ Disclaimer
I am not a SEBI-registered analyst. This analysis is only for educational purposes. Please do your own research or consult a financial advisor before making any trading decisions.
CRYPTO ALERT: SOLANA SHORT TERM BEARISH TREND IN 4H CHARTSOLANA, one of the most traded crypto after BTC and ETH is in a short term bearish trend on the 4H chart. It has multiple demand zones and unmitigated order blocks pending for execution before any further upward movement.
SOLUSD can be shorted at CMP 236 with Stop Loss at 244 for short term targets of 224 - 218 - 200 in a period of 2-3 weeks.
📉 THIS CHANNEL IS ONLY FOR EDUCATIONAL PURPOSES.
Disclaimer: I am Not a SEBI registered analyst. I just share my positions to do paper trading and no where its a recommendation! Please do your own analysis before taking any trade.
Breakout Attempts – Same Setup, Different StoriesSeveral stocks are attempting key breakouts on the weekly timeframe. At first glance, the charts look alike — price testing overhead resistance. But momentum (RSI) paints very different pictures.
Polycab India – Momentum-backed breakout
RSI makes a higher high, confirming strength behind the move.
Grasim Industries – Breakout with divergence risk
Price pushes higher, but RSI forms a lower high. A red flag for possible weakness.
Canara Bank – Cautious breakout attempt
Price tests the swing high, RSI is neutral with only a slight higher high. Momentum is less convincing.
Takeaway
Breakouts may look the same on price charts, but momentum helps separate strong moves from risky ones. A follow-up with Elliott Wave counts will be done once the structures mature further.
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
BTC/USDT Outlook – Volatility Rises After Sharp DeclineBTC/USDT Market Report
Bitcoin recently faced heavy selling pressure, pushing the market into a sharp decline. This drop reflects a shift in sentiment where earlier stability has been replaced by increased volatility and downside momentum.
Price action shows signs of exhaustion after the fall, suggesting the possibility of a short-term rebound attempt. However, broader behavior still reflects uncertainty, with buyers needing stronger participation to shift momentum back in their favor.
If downward pressure continues, deeper corrections could emerge before any meaningful recovery. In the near term, traders should expect sharp swings as the market tries to stabilize.
MOBIKWIK : Breakout Candidate#MOBIKWIK #chartpattern #flagandpolepattern #chartpatternbreakout #swingtrade
MOBIKWIK : Swing Trade
>> Breakout Candidate
>> Chart pattern Visible
>> Flag & Pole Pattern
>> Volume Contraction
>> Good Strength in Stock
Swing Traders can lock profit at 10% and keep Trailing
Please Boost, comment and follow us for more Learnings.
Disc : Charts shared are for learning purpose only, not a Trade recommendation. Do your own research and consult your financial advisor before taking any position.
KIMS : Devloping VCP pattern structure#KIMS #vcppattern #vcpbreakout #swingtrading #momentumtrading
KIMS : Swing Trade / Short term
>> Trending Stock
>> VCP pattern developing
>> Volumes Picking up
>> Low Risk High Reward Trade
Swing Traders can lock profit at 10% and keep Trailing
Please Boost, comment and follow us for more Learnings.
Disc : Charts shared are for learning purpose only, not a Trade recommendation. Do your own research and consult your financial advisor before taking any position.
$XRP is showing a double bottom setup on the daily chartCRYPTOCAP:XRP is showing a double bottom setup on the daily chart, with price retesting the key support at 2.70.
⚡ If Bulls Defend 2.70:
Momentum could ignite a breakout above 3.20, opening the path toward 3.30 → 3.50 → 3.66 and confirming a strong reversal pattern.
⚠️ If Bears Take Over:
A breakdown below 2.70 may drag price toward 2.50 and even 1.90 — invalidating the bullish setup.
👉 Right now, 2.70 is the battleground. A decisive move here will set the tone for XRP’s next big swing!
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Support in DENORA
BUY TODAY SELL TOMORROW for 5%
Avantel cmp 189.75 by Daily viewAvantel cmp 189.75 by Daily view
- Support Zone 171 to 182 Price Band
- Resistance Zone 191 to 202 Price Band then ATH 212.70
- Volumes are in close sync with the average traded quantity over past few days
- Bullish Chart setup comprising of either back to back Rounding Bottoms or Head & Shoulders by the Resistance Zone neckline