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Support and Resistance

Nifty50 Current View NSE:NIFTY After breakout it has shown sharp fall towards previous demand zone and this level also comes around the retesting zone. in the last session we have seen some demand coming in from the lows and candle formed decent wick and its not the 1st time on 12th feb wednesday also shown similar movement. So now it makes a major support around 22800-750 zone this should hold to have some hopes of reversal from here. We need a bullish confirmation from this level to take fresh entries. Keep Learning Happy Trading.
NSE:NIFTY
by SANJAYPATIDAR_
GBPJPY SHOWING A GOOD DOWN MOVE WITH 1:5 RISK REWARD GBPJPY 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
Short
by tradergyan01
3
XAUUSD technical analysis with Targets 2025 XAU/USD chart analysis with Targets (1-week timeframe) shows a strong bullish trend with key levels of support, resistance, and breakout zones. Here’s a breakdown: Current Market Status (as per chart) Current Price: ~$2,882 Major Support - 1: $2,805 - $2,750 Major Support - 2: $1,805 - $1,759 (old levels) Short-Term Target: $3,255 - $3,303 Long-Term : Above $3,500 AND + Key Observations & Trading Insights 1. Strong Uptrend & Breakout Confirmation - Price has broken past multiple resistance levels, turning them into support. - Holding above $2,805 - $2,750 will maintain bullish momentum. 2. Next Resistance Levels: - First Target - $3,255 - $3,303→ Short-Term Target - Second Target - $ 3760 - $3800- Long term Target 3. Possible Pullbacks (Buy Zone) - If price retests $2,805 - $2,750 and holds, it could be a strong buy zone. - Below this, $2,555 - $2,535 is the next key support. 4. Bullish Confirmatio - If price breaks above $3,255, it could quickly move toward $3,500+.
OANDA:XAUUSDLong
by manojshinde27
NIFTY: At a Crucial Junction After a 13% Correction Topic Statement: NIFTY has corrected 13% from its highs of 26,277 and is now trading within a converging pattern, where a breakout will determine the market’s next major move. Key points: 1. The price is taking support on the long-term up trendline. 2. The price faces resistance as it approaches the short-term down trendline. 3. The two trendlines form a wedge, and a breakout from this pattern will decide the market’s direction.
NSE:NIFTY
by yogeshwar
CreditAcess Grameen Standing near a crucial trendline support!Chart of Creditaccess is quite interesting. Stock has a trendline support from which it has bounced multiple times in past. Recently, stock has tried to bounce with very very very heavy volumes indicating big money getting exchange. Given the history of the stock, we should at least expect 100% upside from this level. But it ccan also be a trap and stock can breakdown from here. A safer level to watch is would be a weekly closing above 1110. Support is 800 WCB for stock. On upside, stock can go to 1480, 1710, 2000++ Very very risky. It can be a bottom fishing or a trap. Idea shared for educational purposes only. We all should just watch what will happen from here and learn from it.
NSE:CREDITACC
by chartistamey
BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:10 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
CRYPTO:BTCUSDShort
by tradergyan01
5
USDCAD Short Set up....📉 USDCAD Short Trade Setup 🔹 Entry: 1.4178 🔹 Stop-Loss (SL): 1.4915 🔹 Take-Profit (TP): 1.3238 USDCAD has reached a strong resistance zone, previously tested in 2016 and 2020. Price is showing signs of rejection, making this a potential short opportunity. 🎯 Trade Plan: - Short from 1.4178 - Stop above recent highs at 1.4915 - Targeting a move towards 1.3238 📊 Volume Analysis: Wyckoff volume suggests potential weakness at resistance, supporting the short bias.
Short
by Shivam_Mandrai
EXSIMHB - SIDEWAYS with potential UPSIDE BIAS ?EXSIMHB - CURRENT PRICE : RM0.340 In long term the uptrend is still intact as the share price is above 200-day EMA. For short and medium term is in SIDEWAYS. The stock had consolidated since JUNE 2024 (almost 8 months). The nearest resistance for this stock is RM0.355. If the share price penetrates this level, it has potential of continue to move upside. As such, I considered this as a pending breakout stock. ENTRY PRICE : RM0.360 - RM0.370 TARGET : RM0.400 , RM0.440 (52 Week High) STOP LOSS : RM0.320 TAYOR !
MYX:EXSIMHBLong
by IMRAN_96
Ethereum at a Critical Turning Point: Head & Shoulder PatternEthereum Technical Chart Study Ethereum is showing some interesting price action. It recently took resistance from its resistance zone and is now forming a classic Head & Shoulder pattern—a structure often signaling potential reversals. Currently, the price is sitting right at the neckline of the Head & Shoulder pattern. If this neckline breaks, it could lead to further downside movement. Looking below, there’s some key support to watch: 1. The 2800 resistance zone, which Ethereum broke out of earlier, hasn’t been tested yet. This zone might now act as a strong support if the price moves downward. 2. There’s also a trendline support in play, adding another layer of potential price stability. So, what’s next? If Ethereum breaks the neckline, we could see the price fall towards the 2800 zone or possibly to the trendline support. These are the levels to keep an eye on for the next big move.
CRYPTO:ETHUSDShort
by khanrafat20
SHAHALLOYS: Signs of Reversal?Hello fellow traders, I hope everyone is doing well. Please find my analysis for SHAHALLOYS below: Key Observations: 1. Reversal from Support Zone: SHAHALLOYS appears to be reversing from a key support area. 2. 200 Weekly EMA Support: The price seems to be holding around the 200 Weekly EMA, indicating potential strength. 3. Chart Pattern: A falling wedge pattern is visible, which is typically a bullish reversal signal. The breakout and subsequent retest have already occurred. 4. Entry Point: A good entry opportunity could be around current levels of ₹69.19 level. 5. Targets: The potential targets are marked on the chart as T1, T2, and T3. 6. Risk-to-Reward Ratio: The trade offers an attractive R:R of 1:3. Disclaimer: This is purely an analysis and not investment advice. Please trade responsibly, conduct your own research, and manage your risks carefully. I hope you find this analysis helpful. Thank you in advance for your support! 😊 Best regards, Anantesh
NSE:SHAHALLOYSLong
by Ananteshm
Nifty Intraday Analysis for 14th February 2025NSE:NIFTY Index closed near 23030 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 23500 Strike – 42.42 Lakh 23400 Strike – 37.91 Lakh 23200 Strike – 32.49 Lakh Put Writing 22500 Strike – 32.37 Lakh 23000 Strike – 27.10 Lakh 22800 Strike – 23.109 Lakh Index has resistance near 23225 - 23275 range and if index crosses and sustains above this level then may reach near 23400 - 23450 range. Index has immediate support near 22800 – 22750 range and if this support is broken then index may tank near 22650 – 22600 range. Big move expected on either side with upside biases as per outcome of PM Modi and President Trump meeting and trade deals tonight followed by a press conference.
NSE:NIFTY
by RKMAURYA
3
Banknifty Intraday Analysis for 14th February 2025NSE:BANKNIFTY Index closed near 49360 level and Maximum Call and Put Writing near CMP as below in February Month contract: Call Writing 51000 Strike – 16.73 Lakh 50000 Strike – 13.46 Lakh 50500 Strike – 9.67 Lakh Put Writing 49000 Strike – 13.60 Lakh 48000 Strike – 11.63 Lakh 49500 Strike – 8.78 Lakh Index has resistance near 49900 – 50000 range and if index crosses and sustains above this level then may reach near 50500 – 50600 range. Index has immediate support near 48800 - 48700 range and if this support is broken then index may tank near 48100 - 48000 range. Big move expected on either side with upside biases as per outcome of PM Modi and President Trump meeting and trade deals tonight followed by a press conference.
NSE:BANKNIFTY
by RKMAURYA
Finnifty Intraday Analysis for 14th February 2025NSE:CNXFINANCE Index closed near 23270 level and Maximum Call and Put Writing near CMP as below in February Month contract: Call Writing 23500 Strike – 1.20 Lakh 23000 Strike – 0.57 Lakh 23400 Strike – 0.54 Lakh Put Writing 23500 Strike – 1.13 Lakh 23000 Strike – 0.64 Lakh 23400 Strike – 0.43 Lakh Index has resistance near 23350 - 23400 range and if index crosses and sustains above this level then may reach near 23550 - 23600 range. Index has immediate support near 23100 – 23050 range and if this support is broken then index may tank near 22900 – 22850 range. Big move expected on either side with upside biases as per outcome of PM Modi and President Trump meeting and trade deals tonight followed by a press conference.
NSE:CNXFINANCE
by RKMAURYA
Midnifty Intraday Analysis for 14th February 2025NSE:NIFTY_MID_SELECT Index closed near 11360 level and Maximum Call and Put Writing near CMP as below in February Month contract: Call Writing 11600 Strike – 3.73 Lakh 11500 Strike – 3.49 Lakh 11700 Strike – 2.91 Lakh Put Writing 11500 Strike – 5.89 Lakh 11400 Strike – 4.71 Lakh 11300 Strike – 2.32 Lakh Index has immediate resistance near 11550 – 11600 range and if index crosses and sustains above this level then may reach 11750 – 11800 range. Index has immediate support near 11250 – 11200 range and if this support is broken then index may tank near 11050– 11000 range. Big move expected on either side with upside biases as per outcome of PM Modi and President Trump meeting and trade deals tonight followed by a press conference.
NSE:NIFTY_MID_SELECT
by RKMAURYA
BankNifty levels - Feb 17, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe
Nifty levels - Feb 17, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We hope you find this information beneficial in your trading endeavors. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you success in your trading activities!
NSE:NIFTY
by sacxe