US30 / DOWJONES - Possible Breakdown. On daily charts us30 already broke trendline and trading below it. On a weekly chart let’s wait for the close and the support breakdown. then we might see the fresh new selling in it. Further rsi also indicating correction.
There are also many fundamental reasons as well for the market to correct. But we will focus on technical only.
Trend Lines
Midnifty Intraday Analysis for 06th March 2025NSE:NIFTY_MID_SELECT
Index closed near 11170 level and Maximum Call and Put Writing near CMP as below in March Month contract:
Call Writing
11000 Strike – 6.88 Lakh
10900 Strike – 5.67 Lakh
11500 Strike – 5.58 Lakh
Put Writing
11000 Strike – 8.34 Lakh
10900 Strike – 5.85 Lakh
10500 Strike – 5.60 Lakh
Index has immediate resistance near 11300 – 11350 range and if index crosses and sustains above this level then may reach 11500 – 11550 range.
Index has immediate support near 11000 – 10950 range and if this support is broken then index may tank near 10725 – 10675 range.
Midnifty Intraday Analysis for 04th March 2025NSE:NIFTY_MID_SELECT
Index closed near 10865 level and Maximum Call and Put Writing near CMP as below in March Month contract:
Call Writing
11000 Strike – 5.12 Lakh
11500 Strike – 2.98 Lakh
10800 Strike – 2.57 Lakh
Put Writing
11000 Strike – 4.90 Lakh
10500 Strike – 4.13 Lakh
10800 Strike – 3.88 Lakh
Index has immediate resistance near 10950 – 11000 range and if index crosses and sustains above this level then may reach 11150 – 11200 range.
Index has immediate support near 10700 – 10650 range and if this support is broken then index may tank near 10550 – 10500 range.
Volatility expected due to imposition of import tariff by US on Canada Mexico and China with effect from 4th March 2025.
Banknifty Intraday Analysis for 04th March 2025NSE:BANKNIFTY
Index closed near 48115 level and Maximum Call and Put Writing near CMP as below in March Month contract:
Call Writing
50000 Strike – 12.06 Lakh
49000 Strike – 10.75 Lakh 48500 Strike – 5.83 Lakh
Put Writing
48000 Strike – 9.53 Lakh
49000 Strike – 7.42 Lakh
47000 Strike – 7.01 Lakh
Index has resistance near 48600 – 48700 range and if index crosses and sustains above this level then may reach near 49000 – 49100 range.
Index has immediate support near 47800 - 47700 range and if this support is broken then index may tank near 47100 - 47000 range.
Volatility expected due to imposition of import tariff by US on Canada Mexico and China with effect from 4th March 2025.
XAU/USD Weekly Outlook: Potential Pullback or Breakout?XAU/USD Weekly Chart Analysis 🏆📉📈
1️⃣ Current Price: $2,919.35
2️⃣ Key Observations:
Distribution on H4: Potential sign of a short-term reversal. 📉
Divergence: Suggests weakening momentum at the highs, increasing the probability of a pullback. ⚠️
Multiple Unfilled Mitigation Blocks (MB): Areas of interest where price may retrace for liquidity grabs. 🧐
Fair Volume Ranges: Notable levels around $2,700 - $2,500, where price might stabilize if a correction occurs. 🔄 3️⃣ Potential Scenarios:
If price breaks down from the H4 distribution, expect a retracement toward the nearest MB unfilled levels (~$2,700).
If bulls hold momentum, breaking above current resistance (~$3,000) could push prices into price discovery. 🚀
💡 Conclusion: Watch for price action around the unfilled MBs and fair volume ranges. A correction seems likely unless buyers step in aggressively.
🔥 Trade Wisely & Manage Risk! 🔥
XAUUSD 4H Analysis: Rejection at Resistance – Drop to $2,850?📉 XAUUSD (Gold) 4H Analysis – March 5, 2025
Key Levels:
Resistance: Around $2,920 - $2,940 (price is testing this zone)
Support: Around $2,850 - $2,860 (marked as a demand zone)
Market Structure & Projection:
Gold is currently at a resistance level, which has previously acted as a strong supply zone.
The price is showing signs of rejection at resistance, indicating a potential bearish move.
The chart suggests a drop towards the $2,850 support level if price fails to break above resistance.
Indicators & Confluence:
200 EMA (Red Line): Located below the price, showing an overall bullish trend, but short-term correction is possible.
Bearish Structure: The recent push to resistance followed by rejection hints at a potential sell-off.
Liquidity Grab? If price briefly spikes above resistance and then reverses, a deeper drop could be confirmed.
Trading Bias & Strategy:
📉 Bearish Scenario: If rejection at resistance holds, price could head towards $2,850 support.
📈 Bullish Breakout?: If price breaks & closes above resistance with strong volume, upside continuation could be possible.
⚠ Watch for price action at resistance before taking trades. A breakout or rejection confirmation is key.
🔥 What’s Your Take? Bullish or Bearish? Let me know! 🚀📊
4.USD/JPY showing bearish move in 15m timeframeThis chart is a 15-minute timeframe of USD/JPY on TradingView.
1. The price was in an ascending wedge pattern, a bearish signal.
2. A breakdown occurred, confirming a sell entry.
3. The red zone indicates the stop-loss (above the breakdown point).
4. The green zone represents the take-profit area.
5. A short position is placed after the price retested the broken trendline.
6. The yellow line is a moving average, showing dynamic resistance.
7. The risk-to-reward ratio favors a profitable short trade.
8. Price is consolidating near the entry, showing indecision.
9. If it breaks down further, the trade will move toward the target.
10. If it reclaims the trendline, it may invalidate the setup.
Nifty Intraday Analysis for 06th March 2025NSE:NIFTY
Index closed near 22335 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
22500 Strike – 122.09 Lakh 22600 Strike – 117.67 Lakh
22800 Strike – 94.69 Lakh
Put Writing
22000 Strike – 131.30 Lakh
22100 Strike – 105.77 Lakh
22200 Strike – 94.41 Lakh
Index has resistance near 22450 - 22500 range and if index crosses and sustains above this level then may reach near 22600 - 22650 range.
Index has immediate support near 22200 – 22150 range and if this support is broken then index may tank near 22050 – 22000 range.
Banknifty Intraday Analysis for 06th March 2025NSE:BANKNIFTY
Index closed near 48490 level and Maximum Call and Put Writing near CMP as below in March Month contract:
Call Writing
50000 Strike – 12.77 Lakh
49000 Strike – 11.93 Lakh 48500 Strike – 8.12 Lakh
Put Writing
48000 Strike – 11.47 Lakh
47000 Strike – 10.24 Lakh
48500 Strike – 7.48 Lakh
Index has resistance near 49000 – 49100 range and if index crosses and sustains above this level then may reach near 49500 – 49600 range.
Index has immediate support near 48100 - 48000 range and if this support is broken then index may tank near 47600 - 47500 range.
Finnifty Intraday Analysis for 06th March 2025NSE:CNXFINANCE
Index closed near 23050 level and Maximum Call and Put Writing near CMP as below in March Month contract:
Call Writing
23000 Strike – 0.58 Lakh
23500 Strike – 0.53 Lakh
23100 Strike – 0.40 Lakh
Put Writing
23000 Strike – 0.70 Lakh
22700 Strike – 0.49 Lakh
23200 Strike – 0.47 Lakh
Index has resistance near 23150 - 23200 range and if index crosses and sustains above this level then may reach near 23275 - 23325 range.
Index has immediate support near 22925 – 22875 range and if this support is broken then index may tank near 22800 – 22750 range.
05-03 XAU USD BUYDear traders, here are the important pivot support zone of XAUUSD (15m), candles taking support at the pivot S1 level it represents short time intraday buy direction,based on previous day movement and market trend.
Entry : 2904.00
Target :2914.00
Stop loss:2894.00
Risk Reward Ratio 1:1
Note: Intraday view only
Nifty Intraday Analysis for 05th March 2025NSE:NIFTY
Index closed near 22085 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
22500 Strike – 122.15 Lakh 22600 Strike – 94.08 Lakh
22200 Strike – 85.00 Lakh
Put Writing
21500 Strike – 93.56 Lakh
22000 Strike – 89.40 Lakh
21900 Strike – 83.40 Lakh
Index has resistance near 22200 - 22250 range and if index crosses and sustains above this level then may reach near 22400 - 22450 range.
Index has immediate support near 22000 – 21950 range and if this support is broken then index may tank near 21800 – 21750 range.
Volatility expected due to imposition of import tariff by the US on Canada, Mexico and China.
Banknifty Intraday Analysis for 05th March 2025NSE:BANKNIFTY
Index closed near 48245 level and Maximum Call and Put Writing near CMP as below in March Month contract:
Call Writing
50000 Strike – 13.01 Lakh
49000 Strike – 11.39 Lakh 48500 Strike – 6.64 Lakh
Put Writing
48000 Strike – 10.92 Lakh
47000 Strike – 7.84 Lakh
49000 Strike – 7.52 Lakh
Index has resistance near 48600 – 48700 range and if index crosses and sustains above this level then may reach near 49000 – 49100 range.
Index has immediate support near 47800 - 47700 range and if this support is broken then index may tank near 47100 - 47000 range.
Volatility expected due to imposition of import tariff by the US on Canada, Mexico and China.
Finnifty Intraday Analysis for 05th March 2025NSE:CNXFINANCE
Index closed near 23030 level and Maximum Call and Put Writing near CMP as below in March Month contract:
Call Writing
23000 Strike – 0.81 Lakh
23500 Strike – 0.56 Lakh
23200 Strike – 0.46 Lakh
Put Writing
23000 Strike – 0.95 Lakh
23200 Strike – 0.52 Lakh
22700 Strike – 0.52 Lakh
Index has resistance near 23100 - 23150 range and if index crosses and sustains above this level then may reach near 23250 - 23300 range.
Index has immediate support near 22900 – 22850 range and if this support is broken then index may tank near 22750 – 22700 range.
Volatility expected due to imposition of import tariff by the US on Canada, Mexico and China.
Midnifty Intraday Analysis for 05th March 2025NSE:NIFTY_MID_SELECT
Index closed near 10835 level and Maximum Call and Put Writing near CMP as below in March Month contract:
Call Writing
11000 Strike – 7.01 Lakh
10900 Strike – 6.19 Lakh
11500 Strike – 3.63 Lakh
Put Writing
10900 Strike – 5.66 Lakh
10500 Strike – 4.96 Lakh
10800 Strike – 4.59 Lakh
Index has immediate resistance near 10950 – 11000 range and if index crosses and sustains above this level then may reach 11150 – 11200 range.
Index has immediate support near 10700 – 10650 range and if this support is broken then index may tank near 10550 – 10500 range.
Volatility expected due to imposition of import tariff by the US on Canada, Mexico and China.
Nifty Intraday Analysis for 04th March 2025NSE:NIFTY
Index closed near 22120 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
22500 Strike – 115.17 Lakh 22400 Strike – 84.63 Lakh
22600 Strike – 80.82 Lakh
Put Writing
22000 Strike – 72.00 Lakh
21900 Strike – 70.35 Lakh
21500 Strike – 68.07 Lakh
Index may reach 22250 - 22300 range, if crosses and sustains above 22200 level. Further, Index may reach 22400 - 22450 range, if sustain above 22350 level.
Index has immediate support near 22000 – 21950 range and if this support is broken then index may tank near 21800 – 21750 range.
Volatility expected due to imposition of import tariff by US on Canada Mexico and China with effect from 4th March 2025.
Finnifty Intraday Analysis for 04th March 2025NSE:CNXFINANCE
Index closed near 22955 level and Maximum Call and Put Writing near CMP as below in March Month contract:
Call Writing
23000 Strike – 0.79 Lakh
23200 Strike – 0.71 Lakh
23500 Strike – 0.55 Lakh
Put Writing
23000 Strike – 0.85 Lakh
23200 Strike – 0.64 Lakh
22700 Strike – 0.60 Lakh
Index has resistance near 23075 - 23125 range and if index crosses and sustains above this level then may reach near 23250 - 23300 range.
Index has immediate support near 22850 – 22800 range and if this support is broken then index may tank near 22700 – 22650 range.
Volatility expected due to imposition of import tariff by US on Canada Mexico and China with effect from 4th March 2025.
2.EUR/GBP TRENDLINE BREAK1. The chart represents the EUR/GBP currency pair on a 45-minute timeframe.
2. It is from TradingView, with price movements shown in candlestick format.
3. A sell trade setup is visible, with a stop-loss placed above resistance.
4. The price has broken a rising trendline, indicating a bearish trend.
5. A red zone marks the stop-loss area, while a green zone represents the take-profit target.
6. The 50-period moving average (yellow line) is present, acting as dynamic resistance.
7. The price is currently at 0.82456, showing a slight decline (-0.03%).
8. The trade aims for a lower target, around 0.82272.
9. The session is active, and the price is moving within the trade setup.