SWING OBSERVATION Script showing good momentum after bounce from 260 support level, if sustains 275 (resistance trendline in smaller timeframe can go for testing bigger resistance at 310
Trend Analysis
Nifty - Weekly Review Feb 10 to Feb 14Price is moving in a slow downtrend and also it is forming channel. Double bottom support zone is seen at 23450. Price have to sustain above this level to be bullish. Bearish below the zone 23450.
Buy above 23460 with the stop loss of 23420 for the targets 23500, 23560, 23600, 23660, 23720 and 23760.
Sell below 23380 with the stop loss of 23420 for the targets 23340, 23300, 23240 and 23180.
Do your own analysis before taking any entry. Analysis is for entertainment purpose only.
USDJPY TRADE IDEA we can look for bearish move if price rejectedUSDJPY TRADE IDEA we can look for bearish move if price rejected from resistance level
This week trend is bearish in daily timeframe but there is a problem before taking a trade i look for a daily candlestick in red or bearish engulfing
Trent OversoldTRENT should have a counter trend seeing the buyers present in the last 2 candles wicks.
With stops at recent supports, an upside of 10% can be tried.
USDJPY bearish signsUSDJPY might start the solid downtrend. Gradually falling down with falling wedge pattern breakdown. But dont get fooled and short immediately. It will give one healthy bounce too for the 0.23 fib levels as RSI also suggesting bit of oversold zone here, if it has to fall it will give one technical bounce. We have to observe it there closely if it rejects there or sustains above it. But as per my analysis slowly now trend is becoming bearish as per the weekly & daily chart analysis. As there is double top rejection is visible too in the chart.
xau/usdPrice action trading is a method of trading that relies on the interpretation of price movements, rather than technical indicators, to make trading decisions. It's based on the idea that historical price patterns tend to repeat themselves, and that by understanding these patterns,
BankNifty Spot Actionable Idea 12 feb 25BankNifty Spot Actionable Idea
#Current Price- 49450
#Resistance- 49465
#Support- 49200
#Target 49690 And 49900 we can expect after a break of Resistance
#Target 50150 And 50600 we can expect after a break of Support
#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support 15-minute candle.
NOTE- Only for Education Purpose.
Nifty Fut for 12 Feb 2025Today I spotted 2 zonal levels for sellers in nifty future, namely 23366 & 23299. For buyers, I feel comfortable level is 23098. I will keep above levels for trading on 12 Feb 2025, So to summarise, above 23366 buyer's (still sellers may strike anytime), 23366 to 23299 fight of buyers and sellers (watch OFA very closely on very small TF, below 23299 Sellers zone, at and above 23098 buyers zone, below 23098, sellers but cautious as buyers may strike anytime. #pt
AUD/USDPrice action trading is a method of trading that relies on the interpretation of price movements, rather than technical indicators, to make trading decisions. It's based on the idea that historical price patterns tend to repeat themselves, and that by understanding these patterns,
GARUDA CMP 114 Price sitting at breakout level as support which was previous resistance for the price.
Fundamentals are average and might look for long term holding.
SL below the zone.
Thank You
Girish
W.M.A
Gold (XAU/USD) Eyeing Breakout Amid Trade War & CPI DataGold (XAU/USD) is showing signs of a potential bullish move as it respects the descending trendline and forms a wick near support, indicating buyer presence.
Key Factors:
1️⃣ Gold has reached a key 15-minute resistance level.
2️⃣ Ongoing trade war and tariff uncertainties may drive gold higher as a safe-haven asset.
3️⃣ Price action suggests a possible breakout above the trendline.
4️⃣ U.S. CPI data release today could trigger major volatility—traders should stay alert for a big move.
A break above the resistance zone could open doors for further upside, while a rejection may bring another test of support. Stay cautious and manage risk accordingly!
LMK your opinions in the comments below.
Gold Next Move: 3000 Loading... Key Observations to Current Price Action:
- Recent price action shows a strong impulsive move up from the green support zone (2770-90)
- The current structure suggests that we're potentially entering a corrective phase followed by continuation of the bullish trend as marked with black arrows.
- The green zone that I marked on chart can act as an institutional support level or "fair value zone" where significant trading activity has occurred,The recent breakout above this level with strong momentum suggests institutional buying pressure
- The anticipated pullback could represent a potential "discount" zone where smart money might accumulate or re enter.
The pullback, if it materializes, should ideally hold above the green support zone to maintain bullish market structure.
The overall price action still showing a bullish bias with a potential short-term correction before continuing higher. The green zone will be crucial for maintaining this bullish scenario.
I am still holding buy trade on Gold and Silver and will add more if I see confirmation from lower area (Marked in Red circle) for the target of 3000.
MARKSANS Pharma – Is the Pullback Over? Watch for the Next Move!Hello everyone! I hope you’re all doing great! 😊 Today, I’ve got an exciting setup for you – MARKSANS PHARMA! After a period of consolidation, MARKSANS Pharma is showing signs of a potential breakout! The stock has been trading in a range between 251 (support) and 279 (resistance), and it looks like we’re finally seeing the bulls take control.
Here’s what’s happening:
The stock has recently tested the 279 resistance multiple times, and this time, it managed to break out with decent volume, signaling that the buyers are gaining strength. If this momentum continues, we could be on the verge of a strong uptrend!
Key Levels to Watch:
Short-Term Target: 279
Second Target: 305
Third Target: 330
Final Target: 357
Best Entry Zone: 251-240 (a pullback to this level could be a golden opportunity!)
Stop Loss: 217 (always manage your risk!)
Fundamental View:
MARKSANS Pharma has been posting solid quarterly earnings, with steady revenue growth driven by strong demand in key segments. The company continues to expand and capture market share, especially in emerging markets. While risks like raw material costs and competition exist, the company's financial health and growth trajectory suggest it has strong upside potential from here.
What’s Next?
As long as the price holds above the 251-240 range, the bullish momentum should continue. If we see a pullback towards this zone, it could provide another entry point before the stock moves higher.
What do you think? Will MARKSANS Pharma hit 357 soon? Drop your thoughts in the comments below!
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!
Axis Bank Research for longer time period
Bullish forcost with psychological level of 1000.
Expecting bullish movement till 1180-1250 .
We can entry near 1000 (990-980)
With the stop loss near 940-950 .
Nifty Market UpdateNifty is testing a key support level, the same zone from which it bounced back on January 27. While a short-term upward movement is possible, this should not be mistaken for a bullish reversal.
🔹 The overall structure remains weak as Nifty has been forming lower lows since September 2024. Given this uncertainty, fresh long positions should be avoided until a clear trend emerges.
🔹 Patience is key—it's better to wait a few weeks or months rather than enter trades in an unpredictable market.
🔹 Last week, many traders speculated that Nifty had broken out of a falling wedge, anticipating a strong uptrend. However, my primary concern is that it has broken below the green trendline, which may now act as strong resistance in the near term.
📌 Trading Advice: Wait for a decisive breakout or confirmation before taking new positions. Let the market provide clarity before making moves.
NIFTY TOTAL MARKET @ 11660 BULL or BEAR?NIFTY TOTAL MARKET @ 11660 BULL or BEAR?
RESISTANCES: 11977/12355
SUPPORTS: 11677
Downside minimum target done at 11621.
Extension can be 11230.
But as of now, I expect good reversal from this zone.
Seasonality down move completed?
If so, we will see steady growth till July-Aug 2025.
Let us wait and watch.
