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Support and Resistance

VEDANTA Swing Trade with 1:3 RR (Long)Sellers failed to take price below the demand zone and a clear Change of Character (market structure shift) happened that shows buyers have taken control of the price of Vedanta. So if Nifty and Metal sector are not bearish in coming sessions, then it is high probability that Vedanta will touch Rs 475. Don't use hard SL. Manage position sizing as it is a high probability setup. Connect with me if you have any questions. I am happy to help. ChoCh - Change of Character Sw or Sweep - Liquidity Sweep BoS - Break of Structure
NSE:VEDLLong
by gauravxtrades
GOLD PLAN – Captain Vincent🏴‍☠️ GOLD PLAN – Captain Vincent ⚓ Background After the Nonfarm payrolls, Gold created a Captain’s Liquidity Void (large imbalance zone). Price has now almost completely filled this gap. On higher timeframes, Gold still maintains a Lower High – Lower Low structure, confirming that sellers remain in control . However, during the Asian & European sessions, we usually see technical pullbacks to collect liquidity – those moves will be our chance to enter in line with the main direction. 📍 Key Levels for Today 🔹 Captain’s Trap Zone (3330 – 3332) Confluence of Fibo 0.5 – 0.618 and trendline breakout. Main SELL setup at this zone. SL: 3336 – 3338 TP: 3325 → 3320 → 3315 → 33xx 🔹 Captain’s Quick Shot (3313) Nonfarm breakout zone , heavy SELL volume. Suitable for short BUY scalp if price reacts strongly. SL: 3308 TP: 3318 → 3322 → 3326 🔹 Captain’s Safe Harbor (3300 – 3302) Start of previous bullish leg, strongest support of the day . If Quick Shot breaks, this becomes the main BUY accumulation zone . SL: 3293 TP: 3305 → 3310 → 3315 → 33xx 🔹 Captain’s Shield (3313) If held multiple times → becomes a short-term key support . ⚡ Trading Scenarios Sell Priority : Short at Captain’s Trap Zone. Quick Buy : Scalp around Captain’s Quick Shot if sharp reaction. Breakdown : If 3313 fails → Buy at Safe Harbor (3300 – 3302). 📌 Captain’s Reminder SELL bias is still dominant → Do not FOMO buy without clear signals. The US session may bring high volatility from geopolitical headlines. Manage your capital with discipline.
OANDA:XAUUSDShort
by CaptainVincent
Gold Faces Resistance, Buyers Should Stay Alert near Key SupportGold Futures (MCX) Analysis: Key Points to Watch Current Price Range: Gold Futures are trading around ₹98,700 to ₹98,750. Resistance Zone: Gold has been repeatedly rejected near its high around ₹101,500, showing strong selling pressure at this level. Trendline Broken: Recently, gold broke an important upward trendline that had acted as a reliable bounce-back support. Key Support Emerging: After this break, a key support level has appeared around ₹97,700 to ₹97,750. This zone will be important to watch for potential price stabilization. Additional Support Levels: The chart also highlights other support zones that could provide buying interest if prices decline further. Trader Outlook: Buyers need to remain cautious and vigilant at these levels. The market shows signs of short-term weakness, and how gold behaves around these supports will be crucial for the next move. Gold is at a critical juncture where it faces both selling pressure and key supports. Watching the reaction around ₹97,700-₹97,750 will help gauge whether bulls regain control or further correction unfolds. Stay alert and manage risk carefully.
MCX:GOLD1!
by iamrk7
Sensex - Expiry day analysis Aug 19Today price opened gap up and faced resistance at the 81800 zone and fell down. The 81800 zone is a strong resistance, and the 80700 zone is strong support. Price can move within this range if it does not gain strength. Price has formed a descending triangle pattern and also looks bearish. Buy above 81500 with the stop loss of 81380 for the targets 81600, 81720, 81880, 81980, 82100, and 82240. Sell below 81180 with the stop loss of 81320 for the targets 81060, 80920, 80840, 80700 and 80580. Always do your analysis before taking any trade.
BSE:SENSEX
by vanathi
2
Adani Ports Maintains Bullish Momentum, Nears Resistance at Key Topic Statement: Adani Ports is riding strong bullish momentum after rebounding from a key retracement level, now approaching stiff resistance near a distribution zone. Key Points: 1. The stock retraced up to the 50% Fibonacci level and has since moved up to the 23.6% level, showing renewed strength 2. Price faces stiff resistance at the 1500 mark as it enters a known distribution zone 3. The stock rarely trades below the 200-day EMA, and such dips have historically offered excellent accumulation opportunities
NSE:ADANIPORTS
by yogeshwar