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BankNifty on Weekly TimeframeThis is a technical analysis of the Nifty Bank Index (Bank Nifty) on a Weekly (1W) timeframe. It displays a Head and Shoulders pattern, which is typically a bearish reversal pattern. Key Observations: 1. Head and Shoulders Pattern: • The chart clearly marks the Left Shoulder, Head, and Right Shoulder, indicating a potential trend reversal. • The neckline (support level) has been broken or is being tested. 2. Key Support and Resistance Zones: • Support Levels: • Around 48,000 (current level) • Stronger support near 46,000, marked in a blue zone. • Resistance Zone: • Near 50,487 - 50,417 (blue horizontal resistance). 3. Trendlines and Predictions: • A purple trendline supports the price, but if broken, it may confirm further downside. • Two possible scenarios are depicted: • Bullish Reversal: Price bounces from the trendline, moves above 50,487, and continues upward. • Bearish Breakdown: Price fails to hold, breaks below 48,000 and 46,000, leading to a deeper decline towards 44,000. Interpretation: • If Bank Nifty sustains above the purple trendline and blue resistance (50,487), a bullish recovery could occur. • If it breaks below 48,000-46,000, further downside towards 44,000 or lower is possible. • The chart suggests a critical decision point, with both bullish and bearish possibilities depending on price action.
NSE:BANKNIFTY
by shailesh_desai_5050
Bank Nifty Weekly Analysis: Key Levels & Trend OutlookWeekly Recap: The Bank Nifty closed the week at 48344.70, posting a decline of -1.30%. Key Weekly Levels for Next Week Price Action Pivot Zone: The crucial range to watch for potential reversals or trend continuation is 48,236 - 48,455 Support & Resistance Levels: Support Levels: S1: 47,907 S2: 47,470 S3: 46,956 Resistance Levels: R1: 47,907 R2: 47,470 R3: 46,956 Market Outlook: Bullish Scenario: If Bank Nifty sustains above 48,455, it could see buying interest, potentially pushing towards R1 at 48787 and higher levels. Bearish Scenario: A breakdown below 48,236 could trigger further downside pressure, targeting S1 at 47,907 and lower support levels. Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.
NSE:BANKNIFTY
by ALICEBLUE
Nifty 50 Weekly Analysis: Key Levels & Trend OutlookWeekly Recap: The Nifty 50 closed the week at 22,124.70, marking a significant decline of -2.94%. The bearish momentum dominated the market, pulling the index lower as selling pressure intensified. Key Weekly Levels for Next Week Price Action Pivot Zone: The crucial zone to watch for any potential reversals or trend continuation is between 22,054 - 22,198. Support & Resistance Levels: Support Levels: S1: 21,828 S2: 21,532 S3: 21,211 Resistance Levels: R1: 22,422 R2: 22,722 R3: 23,007 Market Outlook: Bullish Scenario: A sustained move above 22,198 and strength beyond 22,422 could attract buyers, driving Nifty towards R1 at 22,422 and possibly higher. Bearish Scenario: If 22,054 fails to hold, the market could witness further selling, driving Nifty towards S1 at 21,828 and possibly lower.
NSE:NIFTY
by ALICEBLUE
Bitcoin Price Analysis: Breakout, Resistance Zone & Key Support Hello Traders! In today’s post, we’ll explore the technical analysis of Bitcoin, one of the most popular cryptocurrencies in the market. It's essential to keep an eye on key levels like resistance zones and support levels to trade Bitcoin effectively. If you want to master these setups, understanding Bitcoin's price action is crucial. Looking at the Bitcoin chart, we can see a strong resistance zone that has been tested multiple times around 41,586, marking significant price rejection points. After the breakout above this zone, Bitcoin continued its upward journey, with targets set around 76,494 (a potential 104% upside). However, there's also a possibility of a pullback, with Bitcoin falling to a key support zone between 71,000-72,000. If the price retraces to this level, it could provide a good entry point for traders looking to ride the next leg up. The best support zone for Bitcoin is highlighted around 71,500, which could act as a strong buying opportunity. With Bitcoin currently in a strong upward trend, understanding these levels will help you make more informed decisions in your trading strategy. Disclaimer:- This analysis is for educational purposes only. Please trade responsibly and consult a financial advisor before making any decisions. If you found this analysis helpful, don’t forget to like, follow, and share your thoughts in the comments below! Your support keeps me motivated to share more insights. Let’s grow and learn together—happy trading!
BITSTAMP:BTCUSD
by TraderRahulPal
Gold Price Analysis: Breakout, Pullback & Next Support LevelsHello Traders! In today's post, we’ll explore the technical analysis of Gold, one of the most reliable assets that traders look to for long-term gains. It’s an important tool for identifying potential breakout points in trending markets. If you want to learn how to trade these breakouts effectively, mastering the patterns in Gold is essential. This chart of Gold (CFDs on Gold in USD) gives us a clear picture of the recent price movement and key levels to watch. After a period of consolidation, we saw a strong breakout towards the end of February 2025, signaling a continuation of the bullish trend. The price shot up, hitting notable targets a 10% gain to 253.91 and then another 10% to 267.34. However, as with any trend, there was a minor pullback, around a 2.31% drop, which is something traders should keep an eye on. Now, the next crucial level to watch for Gold is the support zone around 2,791.048. If the price retraces and touches this support, it could be a strong buying opportunity for traders who are looking for a good entry point. The key here is whether Gold holds above this support level; if it does, the upward momentum could resume, leading to higher highs. This chart is a great reminder that while the market moves in waves, understanding these key levels helps us stay ahead in the game. Disclaimer:- This analysis is for educational purposes only. Please trade responsibly and consult a financial advisor before making any decisions. If you found this analysis helpful, don’t forget to like, follow, and share your thoughts in the comments below! Your support keeps me motivated to share more insights. Let’s grow and learn together—happy trading!
TVC:GOLD
by TraderRahulPal
2
AHL -Bottom FishingThe stock price has dropped around 60-70% in the last 6 months. From an all-time high to an all-time low in just 6 months. This time, it is consolidating at the lowest prices for a month. If it gives a bounceback, it could be a good trade setup with a good risk-reward ratio. The projected targets are 260/350 or more. The setup remains active above the price of 180. It loses significance if sustained below 160. All these illustrations are only for learning and sharing purposes. not a buy or sell recommendation. All the best.
NSE:AHLLong
by anandlive
4
HCC Mega Breakout Of A Decade1. Prices Were Taking Resistance Where Arrow Marked 2. Got 9 Years 6 Months Breakout On Jan 2024 End 3. Feb & March Months Candle Closed Red Again Shown Resistance. 4. Got Confirmation On Jun 2024, Prices Closed Above Feb 2024 Resistance. 5. July 2024 Candle Closed Above Jun 2024, Now Buyers In Full Control. TRADE : Buy 50% Here At Cmp - 53.09 & Rest 50% If You Get Any Dip To 43-46 SL - 29 ( Monthly Closing Basis ) ( Target 1 ) = 81 July 2014 High - March 2020 Low + July 2014 High 42.24 - 3.60 + 42.24 = 81 ( Target 2 ) = 120 Draw A Fibonacci From July 2014 High To March 2020 Low Retracement Level Of 3 Which Is 119.8 Will Be Target 2 ( Target 3 ) = 167.76 Draw A Fibonacci From July 2014 High To March 2020 Low Retracement Level Of 4.236 Which Is 119.8 Will Be Target 3 In Mega Euphoria Prices May Hit 167 Level As This Is A Decade Long Breakout In HCC.
NSE:HCCLong
by ShareMarketCoach
12
SMCI at Key Technical Juncture Post-EarningsThe stock has experienced significant volatility recently, influenced by broader market dynamics and company-specific developments. Key Support Levels: $39.02: This intraday low serves as immediate support. A decline below this level could signal further downside potential. $37.90: Aligning with the 50-day moving average, this level offers additional support. $35.00: A psychological support level that, if breached, may indicate a more pronounced bearish trend. Key Resistance Levels: $43.46: The intraday high represents immediate resistance. A break above this level could suggest renewed bullish momentum. $45.00: A near-term resistance point that, if surpassed, may lead to further gains. $50.00: A significant psychological barrier and a key resistance level. Despite recent challenges, including stock sales by senior officers and previous financial reporting issues, Super Micro Computer maintains strong demand for its AI server products. Traders should closely monitor these support and resistance levels, as movements beyond these points could signal significant shifts in market sentiment. Implementing prudent risk management strategies, such as setting stop-loss orders and appropriate position sizing, is advisable given the current market volatility. In summary, while Super Micro Computer faces technical challenges, its solid fundamentals and market position suggest potential for recovery. Vigilance in monitoring key levels and broader market conditions will be essential for traders navigating this dynamic landscape.
NASDAQ:SMCI
by cksharma418
No Down Side Left In Nifty 50he Nifty Index, also known as the Nifty 50, is a stock market index representing 50 of the largest and most liquid companies listed on the National Stock Exchange (NSE) of India. It is one of the primary benchmarks for the Indian stock market and is widely used by investors to gauge the performance of the Indian equity market. The Nifty 50 includes companies from various sectors, such as financial services, IT, energy, consumer goods, and more. The index is calculated using a free-float market capitalization weighted methodology, meaning that the weight of each company in the index is proportional to its market capitalization, adjusted for the shares available for trading. It serves as a key indicator for the Indian economy and is often used for investment purposes, including the creation of exchange-traded funds (ETFs) and index funds Volume Profile is a technical analysis tool that displays the distribution of trading volume at different price levels over a specific period. Unlike traditional volume analysis, which shows the total volume traded over a set period of time, the volume profile focuses on price levels, offering a more detailed view of where most of the trading activity occurred. Here’s how the Volume Profile works and what it represents: Key Components: 1. Price Levels: The horizontal axis represents price levels rather than time, and the vertical axis shows the volume traded at those levels. 2. Volume Bars: Volume is plotted as horizontal bars that extend across the price scale. These bars indicate the amount of trading activity at each price level. 3. Point of Control (POC): This is the price level with the highest traded volume during the specified period. It often acts as an area of high interest for traders and may indicate a fair value price. 4. Value Area (VA): This includes the price levels where a specified percentage (typically 70%) of the total volume traded during the period occurred. The Value Area can give traders an idea of the price range where the majority of transactions took place, which is considered significant for support and resistance levels. 5. High/Low Volume Nodes: High-volume nodes (or areas) show price levels where a significant amount of trading occurred, often acting as areas of support or resistance. Low-volume nodes are price areas with less trading activity, which can be areas of potential price breakouts. Uses of Volume Profile: 1. Support and Resistance: The POC and the Value Area are critical in identifying key support and resistance zones. Traders often watch for price reactions around these levels. 2. Trend Confirmation: Volume Profile helps confirm trends. If the price moves toward a high-volume area and consolidates, it can signal strong support or resistance. Conversely, a low-volume area may indicate weak support or resistance and potential breakout zones. 3. Market Sentiment: Volume Profile can reveal where the market is most interested in trading, providing insights into the market's perceived value of a security at different price levels. 4. Breakouts and Reversals: Traders use Volume Profile to spot potential breakouts from low-volume zones or reversals at high-volume levels, providing actionable trade signals. Overall, Volume Profile is a powerful tool for understanding market structure and price action in a more detailed and context-driven manner.
NSE:NIFTY
by TheGoldenFarmsofEquity
1
Why Dow Jones could come to 42580**Simplified Summary: Dow Jones Outlook for March 2025** 📉 **Current Situation (Feb 28, 2025):** The Dow Jones is at **43,194**, down slightly (-0.16%). It’s hovering near a key support level at **42,558**, which acts like a "safety net" for prices. If this level breaks, the Dow could drop further. --- 🔍 **What to Watch:** 1. **Critical Level (42,558):** - If the Dow closes *below* this level (with heavy trading volume), it could fall toward **42,000–42,580** by mid-March. - If it *holds*, prices might bounce back up toward **44,000–45,000**. 2. **Recent Trends:** - The Dow has been making *lower highs* (peaks are getting weaker), suggesting buyers are losing momentum. - Trading activity (volume) is mixed—big spikes near support levels mean traders are closely watching these zones. --- 🎯 **Possible Scenarios:** - **Bearish (Downside):** Breaking below **42,558** could signal a drop to **42,580 or lower**. - **Bullish (Upside):** A rebound from **42,558** could spark a rally if buyers step in. --- ⚠️ **Key Risks:** - **External Factors:** News about interest rates, company earnings, or global events (like trade tensions) could override technical signals. - **Market Sentiment:** Fear or excitement among investors can push prices up or down quickly. --- **Bottom Line:** The next few weeks depend on whether the Dow holds above **42,558**. If it breaks lower, **42,580 is a likely target**.
BLACKBULL:US30Short
by consistentKing9597
USOIL Trade Idea (Zones) for Friday session 28-02-25After studying USOIL at higher TF and watching it's closing price i think 70.106 - 70.634 is No-trade zone for USOIL due to it's complexity at higher timeframe , i've also drawn a zone which can push price to downward direction which is represesnted by orange color in the chart if price sustained above this level then it can go to it's next resistance zone of 76.500 - 76.600 but here SL should be below the zone which is 70.106 and the zone itself is mutual in multiple timeframe so be cautious to trade in this zone and use manage Quantity , and for alternative scenario if price goes below 70.106 and sustained then we can see then 69.150 level because it was the last swing created and below it other levels are also mentioned in the chart , look for reversal and continuation pattern to enter in trade .
FX:USOIL
by NobleFalcon
Nifty Elliot wave view on long termThis is my view on Nifty 50 on monthly chart. I feel we were in a long bullish run since 2000. *with the burst of Dotcom bubble, a new bullish wave started. *It had its first retracement in 2008 and then that to break the highs it took almost 5 years, but it was broken in 2013. * There was bullish move till 2019 which was 1.6 extension level and market went sideways at that. * Even with the panic of COVID pandemic, market fell just to retrace from perfect support level of 1 and then went above till 2.6 extension. * Market was sideways for a year almost on 2.6 level after which a big bullish wave came up. * Last leg of bullish move was full of grid and panic of buying, yet market toped at level of 4.2 extension. * Now it might have completed first leg of correction till 3.6, but further downside till 16000 could come in Nifty which could be depth of correction on higher level. This could be wrong, but still provide your views.
NSE:NIFTY
by Vishal_Pawar_1