NIFTY KEY LEVELS FOR 20.01.2026NIFTY KEY LEVELS FOR 20.01.2026
Timeframe: 3 Minutes
Sorry for the Delayed post..
If the candle stays above the pivot point, it is considered a bullish bias; if it remains below, it indicates a bearish bias. Price may reverse near Resistance 1 or Support 1. If it moves further, the next potential reversal zone is near Resistance 2 or Support 2. If these levels are also broken, we can expect the trend.
When a support or resistance level is broken, it often reverses its role; a broken resistance becomes the new support, and a broken support becomes the new resistance.
If the range(R2-S2) is narrow, the market may become volatile or trend strongly. If the range is wide, the market is more likely to remain sideways
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📢 Disclaimer
I am not a SEBI-registered financial adviser.
The information, views, and ideas shared here are purely for educational and informational purposes only. They are not intended as investment advice or a recommendation to buy, sell, or hold any financial instruments.
Please consult with your SEBI-registered financial advisor before making any trading or investment decisions.
Trading and investing in the stock market involves risk, and you should do your own research and analysis. You are solely responsible for any decisions made based on this research.
X-indicator
Understanding Trend Breakouts, RSI Signals and Risk Management📈 Understanding Trend Breakouts, RSI Signals, and Risk Management in Trading : Base Chart UNION BANK OF INDIA
Union Bank of India’s stock currently presents a compelling opportunity as it has successfully broken out of its long-term downtrend and is sustaining above the trendline, signaling a confirmed reversal in sentiment. The price action is now forming higher highs and higher lows, a classic bullish structure that often precedes further upward momentum. With the RSI holding above 50 and now approaching the 70 zone, momentum indicators are aligning with price strength, suggesting strong buying interest. For investors and traders, this setup highlights a favorable risk-reward scenario, where disciplined risk management—such as using stop-losses and position sizing—can help capitalize on the breakout while safeguarding against volatility.
Lets elobrate the study....
🔹 The Significance of Long-Term Downtrends
Definition: A long-term downtrend occurs when a stock consistently makes lower highs and lower lows over an extended period.
Investor Psychology: It reflects persistent bearish sentiment, where sellers dominate buyers.
Why It Matters: Recognizing a downtrend helps traders avoid premature entries and understand the broader market context.
✅ Breakout Above the Downtrend Line
Trendline Break: When a stock sustains above its long-term downtrend line, it signals a potential trend reversal.
Confirmation: Sustained price action above the line, supported by volume, indicates that buyers are gaining control.
Implication: This often marks the beginning of a new bullish phase, where higher highs and higher lows start forming.
🔹 RSI (Relative Strength Index) as a Momentum Indicator
RSI Basics: RSI measures momentum on a scale of 0–100.
Below 30 → Oversold (potential reversal upward).
Above 70 → Overbought (potential reversal downward).
Importance of RSI Above 50:
RSI consistently above 50 suggests bullish momentum.
It indicates that average gains outweigh average losses.
RSI Moving Toward 70:
Crossing into the 70+ zone reflects strong buying strength.
While it can signal overbought conditions, in trending markets it often supports continued bullishness.
🔹 Risk Management Principles
Even with strong technical signals, risk management is essential:
Position Sizing: Never allocate more capital than you can afford to lose.
Stop-Loss Orders: Protect against sudden reversals by setting predefined exit points.
Diversification: Avoid concentrating all investments in one stock or sector.
Avoid Emotional Trading: Stick to your plan; don’t chase prices or panic sell.
🔹 Key Takeaways for Investors & Traders
Trend Reversal: Sustained breakout above a long-term downtrend line is a powerful bullish signal.
Momentum Confirmation: RSI above 50, moving toward 70, strengthens confidence in the trend.
Breakout Opportunities: Higher highs and higher lows formation confirms the stock’s bullish structure.
Risk Discipline: Technical signals are valuable, but risk management ensures long-term survival in markets.
Balanced Approach: Combine technical analysis with sound trading psychology and portfolio management.
📌 Final Thought: Technical indicators like trendlines and RSI provide valuable insights, but they are not foolproof. The most successful traders blend technical signals with disciplined risk management, ensuring they ride profitable trends while protecting themselves from unexpected market shifts.
BTC 4H Update🚨 BTC Update: After peaking at $99.7k, BTC dumped to $91.8k on trade war fears from Trump's tariffs—$790M liquidated! Stabilizing ~$92.7k (-2.3% 24h).
Supports: $91.8k, then $90k-$92k. Resist: $93.9k-$94.5k—break for bounce to $95k+.
Healthy reset? Buy dip if holds. What's your take? #BTC #Crypto
#NIFTY Intraday Support and Resistance Levels - 20/01/2026A flat opening is expected in Nifty, indicating continued consolidation after the recent corrective move. The index is currently trading below the previous resistance zone, suggesting that the overall bias remains cautious in the near term. Early price action is likely to remain range-bound, with volatility expected around the marked support and resistance levels. Traders should be patient during the opening minutes and wait for price confirmation near key levels before initiating positions.
On the upside, the immediate resistance zone is placed around 25,750–25,800. A sustained move and acceptance above 25,750 can trigger a reversal long setup, indicating that buyers are regaining control. If this breakout holds, Nifty may gradually move towards 25,850, followed by 25,900 and 25,950+, where fresh supply and profit booking can be expected. Long trades should only be considered if the index shows strong price acceptance above this zone with supportive volume.
On the downside, the 25,700–25,650 region remains a crucial intraday support. Any rejection from the resistance zone or failure to hold above 25,700 can lead to a reversal short setup. In such a scenario, downside targets are seen at 25,650, 25,550, and 25,500, which are important demand areas. A decisive breakdown below 25,450 will further weaken the structure and can open the gates for deeper downside towards 25,350, 25,300, and 25,250, where buyers may attempt a defensive bounce.
Overall, the market structure suggests a sell-on-rise or range-trading environment unless a strong breakout above resistance occurs. Traders should focus on level-based trading with strict stop-loss discipline and avoid overtrading during sideways moves. Scalping and short-term trades near support and resistance will be more effective than positional trades until Nifty shows a clear directional breakout.
Is BearFlag CompletedCurrent Outlook on BTC Chart Pattern.
BearFlag Rising Wage
In this case btc is supposed to create a Rising wage on Macro, only Valid if BTC, 94k, and then pumped to 99k, breaking down below 94k Invalidates in Technical term, but you never know what can happen here
50/50
BearFlag Rising Triangle Pattern
In this macro case, BTC has already completed 70% of the Pattern, and the Move to 75k can start to happen any moment. Breakdown of the channel, and then retest, right now looks like BTC is just holding at the ascending channel, which is crucial to hold if another test of 99k is supposed to happen.
50/50
FareValue Gap
FareValue Gap from 97k to 100k is Stil Empty on Macro, which needs to be retested before the next big move.
Looks like there is only 10% probablity of this happening.
Comment on what you think might happen,
1. Will the breakdown happen from here?
2. Will the Farevalue Gap between 97k - 100k will be filled before any major move.
[INTRADAY] #BANKNIFTY PE & CE Levels(20/01/2026)A flat opening is expected in Bank Nifty, indicating indecision after the recent volatile moves. The index is opening near the 59,800–59,900 zone, which continues to act as a short-term balance area where buyers and sellers are actively competing. This suggests that the market is still in a consolidation phase and is waiting for a clear trigger to decide the next directional move. Early price action is likely to remain choppy, with whipsaws possible near key intraday levels.
On the upside, the crucial level to watch remains 60,050–60,100. A sustained move and acceptance above this zone will indicate renewed buying strength. If Bank Nifty manages to hold above 60,050, bullish momentum can gradually build, opening the path for CE buying opportunities. In such a scenario, upside targets are placed at 60,250, followed by 60,350, and 60,450+, where strong supply zones are expected. A breakout above these levels may also invite short covering, accelerating the move higher.
On the downside, the 59,950–59,900 area is acting as immediate intraday support. Any rejection or failure to sustain above this zone may increase selling pressure. A breakdown below 59,900 can trigger PE buying, with downside targets at 59,750, 59,650, and 59,550. If weakness extends further and the index slips below 59,450, it would confirm bearish dominance, opening deeper downside levels toward 59,250, 59,150, and 59,050.
Overall, the structure suggests a range-bound and level-based trading session unless a decisive breakout or breakdown occurs. Traders should avoid aggressive early entries and focus on confirmation-based trades near the mentioned levels. Scalping and short-term positional trades with strict stop-loss and disciplined risk management will be more effective than directional bets until the market clearly breaks out of this consolidation range.
GOLD TRADING STRATEGY FOR 20TH JANUARY 2026🟡 GOLD (XAUUSD) TRADING PLAN 🟡
💰 Intraday / Positional Setup
📈 BUY SETUP (Bullish Momentum) 🟢
🕰️ Timeframe: 30-Minute Candle
✅ Buy Condition:
Enter BUY 🟢 only if price breaks and CLOSES ABOVE the HIGH of the 30-minute candle
Confirmation level: Above 4710 🔔
💵 BUY ABOVE: $4710
🎯 TARGETS:
🎯 Target 1: $4725
🎯 Target 2: $4735
🎯 Target 3: $4745
📊 Logic:
Strong bullish candle close above resistance
Indicates fresh buying interest and continuation momentum
Suitable for trend-following traders
📉 SELL SETUP (Bearish Breakdown) 🔴
🕰️ Timeframe: 1-Hour Candle
❌ Sell Condition:
Enter SELL 🔴 only if price breaks and CLOSES BELOW the LOW of the 1-hour candle
Confirmation level: Below 4643 ⚠️
💵 SELL BELOW: $4643
🎯 TARGETS:
🎯 Target 1: $4630
🎯 Target 2: $4618
🎯 Target 3: $4603
📊 Logic:
Hourly candle close below support
Shows weakness and bearish continuation
Best for breakdown & momentum sellers
⚠️ RISK MANAGEMENT
🛑 Always wait for candle CLOSE confirmation
📉 Use strict stop-loss based on your risk appetite
💼 Trade with proper position sizing
📌 DISCLAIMER ⚠️
🚫 This is NOT financial advice
📚 Shared for educational purposes only
📊 Trading involves high risk, and losses may exceed profits
💰 Please consult your financial advisor before trading
🙌 Trade at your own risk and responsibility
✨ Discipline beats emotion in trading 💵📈
Beta DrugsDate 20.01.2026
Beta Drugs
Timeframe : Weekly Chart
About
(1) It is engaged in manufacturing of a wide range of oncology drugs in India.
(2) It has operations in the domestic and export markets.
(3) The company is ranked among the top 10 oncology companies.
(4) Has CDMO partnerships with few top pharma cos like Glenmark, Torrent Pharma, Reliance Lifesciences, Cadila Pharmaceuticals among others.
Business Segments
(1) CDMO 48%
(2) Domestic Own Brand Business 29%
(3) International Business 16%
(4) Active Pharmaceutical Ingredients 7%
Note* CDMO (Contract Development and Manufacturing Organization)
Manufacturing Facilities
(1) The company operates 2 formulations & 1 API manufacturing facility in India
(2) About 70% of API requirements are manufactured in-house
Valuations
(1) Market Cap ₹ 1,564 Cr
(2) Stock Pe 34.6
(3) Roce 27%
(4) Roe 25.9%
(5) Book Value 7X
(6) Opm 20%
(7) Promoter 64.90%
(8) Profit Growth (TTM) 10%
(9) Sales Growth 15.20% (YOY)
(10) EV/Ebita 18.09
(11) PEG 1.53
Note*
(1) Delivered good profit growth of 37.1% CAGR over last 5 years
(2) Return on equity (ROE) track record: 3 Years ROE 26.6%
Regards,
Ankur SIngh
“Liquidity Grab → Pivot Support Holds → Next Bullish Leg Loading🔍 Market Structure & Key Observations
Overall market structure remains bullish with clear higher highs & higher lows ✔️
Price is respecting the upward trendline, confirming ongoing bullish momentum 📈
The recent sharp drop was a liquidity sweep into the Pivot Point / Demand zone, followed by a strong bullish reaction → Smart Money accumulation 💼💰
Multiple POI (Point of Interest) reactions below show buyers are active on dips
Current consolidation above the Pivot Point zone suggests preparation for the next impulsive move up, not distribution
🎯 Suitable Target Zones (High Probability)
🎯 Primary Target (TP1)
➤ 4,615 – 4,625 🎯
Prior resistance / range high
Liquidity resting above recent consolidation highs
Most realistic short-term objective
🚀 Extended Target (TP2)
➤ 4,650 – 4,670 🚀💸
Measured move from the last bullish impulse
Upper expansion of the ascending structure
Valid if bullish momentum accelerates
📌 Optional BUY Trade Idea (Trend-Following)
🟢 Buy Zone (on pullback):
➤ 4,560 – 4,580
(confluence of Pivot Point + trendline support)
❌ Stop-Loss (invalidation):
➤ Below 4,540
🎯 Take Profit:
TP1: 4,620 🎯
TP2: 4,660 🚀
📊 Risk–Reward: approx. 1:2.5 – 1:3+
🧭 Market Outlook Summary
Factor Bias
Trend Bullish 📈
Momentum Buyers in control 💪
Structure Continuation pattern ✅
Liquidity Upside targets active 💧
$ONDO ALTSEASON SETUP | 5,000%+ EXPANSION IF MACRO DEMAND HOLDSONDO is currently trading at a major weekly demand zone after an ~85% drawdown from ATH. While price action remains weak, on-chain data suggests silent accumulation, indicating potential smart money positioning ahead of the next cycle.
Market Structure (Weekly)
Bearish divergence confirmed at $2.14, marking the macro top
Breakdown + retest of the $0.73–$0.80 support zone → now acting as resistance
Price has entered a high-timeframe demand zone between $0.30–$0.20
A final retracement into bullish order flow ($0.32–$0.20) remains possible
Bullish bias remains valid above $0.20 (weekly close)
On-Chain Context (Jan 18, 2026 – 1.94B ONDO Unlock):
Whale spot orders dominating market activity
$0.35–$0.40 acting as an accumulation range
90D CVD trending higher → buy pressure outweighs sell pressure
Taker-buy dominance → aggressive smart money absorption
This behavior suggests unlock supply is being absorbed, not distributed.
Upside Projections (HTF Expansion)
Targets: $0.70 → $1.00 → $2.00 → $5.00–$10.00
Structure supports a potential RWA-led expansion into 2026 if demand holds
Key Level to Watch
Invalidation: Weekly close below $0.20
This $0.32–$0.20 zone may be the final bullish base for ONDO ahead of the next alt-season cycle
TA Only. Not Financial Advice. DYOR.
Mirrored Repetition of Structure Possible?In the world of trading, "mirrored repetition of structure" is a core concept used by technical analysts to find order in the chaotic movement of prices. It is based on the idea that market psychology is cyclical—fear and greed repeat in predictable geometric shapes.Depending on how you view the market, this mirroring can be categorized into three main types:1. Mirror Levels (Support & Resistance Flip)This is the most common form of "mirrored structure." A price level that once acted as a ceiling (Resistance) is broken and then becomes the new floor (Support).The Logic: When price returns to a previous peak from above, traders who "missed out" on the original move now see it as a bargain, mirroring the previous rejection behavior but in the opposite direction.The Pattern: Often visualized as a "Break and Retest."2. Geometric Symmetry (Harmonic & Chart Patterns)Traders look for "Symmetrical Repetition" where the second half of a pattern mirrors the first.Double Tops/Bottoms: An "M" or "W" shape where the second peak/trough mirrors the first, indicating a structural rejection.ABCD Patterns: The market moves in a specific leg ($A$ to $B$), retraces ($B$ to $C$), and then repeats the first move almost exactly ($C$ to $D$). This is a literal repetition of structural distance and time.Symmetrical Triangles: Price is squeezed between two mirroring trend lines, indicating a "coil" where buyers and sellers are reaching a point of perfect, repeated equilibrium before a breakout.3. Fractal Structure (Self-Similarity)This is the most advanced form of mirrored repetition. In Fractal Theory (popularized by Benoit Mandelbrot), the structure of the market is mirrored across different timeframes.The Concept: A 5-minute chart might show a specific zigzag pattern that is a miniature version of a pattern currently forming on the Daily chart.Mirroring Scales: The "structure" repeats itself, meaning the way the market moves over 1 hour is often a mirrored or scaled-down version of how it moves over 1 year.
BANK NIFTY - Technical Analysis Bank Nifty is showing an interesting setup on the weekly chart.
After breaking out above its previous all-time high, the index has started contracting in a tight range, indicating healthy consolidation.
On the daily timeframe, it continues to take support near the 9 EMA, and during minor dips, it has also reversed from the 20 EMA, reflecting strong buying interest.
If Bank Nifty breaks out of this range with momentum, the upside potential remains open, sky’s the limit.
In case of a pullback, watch these key support zones:
🟩 57,500 – first immediate support
🟩 57,160 – secondary support
🟩 56,600 – third support
🟩 56,000 – major support zone if deeper retracement occurs
Overall market structure is Bullish, and a bit more consolidation or a short pullback will only strengthen the base for a sustained breakout.
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HEGHEG - The structure remains bullish.
The stock recently broke above a year-long resistance around 617 and then pulled back for a healthy retest. It found support near the 550 zone and around the 50 EMA, followed by a clear reversal.
Price has also respected the 0.618 Fibonacci (golden ratio) level, which adds strength to the setup. A breakout from the current range could lead to a fresh upside move.
Keep it on your watchlist.
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XAUUSD (Gold) 45-Minute Chart – Bullish Trend Holding with MomenTrend & Structure:
Gold remains above the ascending trendline, confirming a valid short-term bullish trend. The recent candles show sideways consolidation after a strong impulsive rise, which typically favors continuation as long as support holds.
Price Action:
The market is forming higher lows while compressing below recent highs. This price behavior suggests indecision, not rejection—buyers are still defending dips.
RSI (14):
RSI is around 57–58, holding above the 50 level. This indicates bullish momentum, though momentum has stabilized rather than accelerated, consistent with consolidation.
Awesome Oscillator (AO):
AO bars remain above zero but decreasing, signaling that bullish momentum is cooling, not reversing. A fresh green expansion would confirm continuation.
MACD:
MACD histogram is slightly negative and contracting, while lines are flattening. This supports a pause within trend, not a confirmed bearish crossover.
Key Levels:
Immediate Support: Rising trendline / recent higher-low zone
Resistance: Consolidation highs near the recent swing top
Trend Failure: Strong close below the trendline
HCLTECHHCLTECH
bullish trend is Showing on the chart.
buy signals in
technical indicators and
Ascending Channel chart pattern.
BUYING RANGE 1690/1700
Watch for a retest 1690/1700 to sustain the bullish trend. If the resistance holds, there could be a retest towards 1480/1500 and an uptrend from here.
iifl finance 5min chart pe clean bullish breakout iifl finance 5min chart pe clean bullish breakout dikh raha hai
price ne descending trendline ke upar strong breakout diya hai with volume support. consolidation ke baad higher highs & higher lows ban rahe hain, jo bullish continuation signal hai.
🔹 trade plan (intraday / short-term swing)
buy above: 651
stop loss: 639
targets:
t1: 6500
t2: 6530
🔹 technical view
trendline breakout confirmed
price vwap ke upar sustain kar raha hai
volume spike breakout candle pe visible
retest zone near 645–647 holding strong
jab tak price 639 ke upar hold karta hai, bullish bias intact rahega. below 639 close aane par setup invalidate ho jayega.
risk reward approx 1:2+
USHAMARTUSHAMART is looking good.
It recently broke above a key resistance and successfully retested the breakout zone. Since then, price has been consolidating in a tight range above all major EMAs and resistance, indicating strength.
The overall market structure remains bullish, suggesting a higher probability of further upside.
Keep this on your watchlist for paper trading and observation.
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YESBANKYESBANK
bullish trend is Showing on the chart.
buy signals in
technical indicators and
cup with handle & ascending triangle chart pattern.
BUYING RANGE 20/22
Watch for a breakout above 32/35 to sustain the bullish trend. If the resistance holds, there could be a retest towards 9/10 and an uptrend from here.
JSW Infra bouncing back ? 16% Upside PotentialStock Update - *JSW infra cmp 276*
The stock has shown a sharp rebound from the 260 - 265 demand zone, indicating buying interest at lower levels.
Technically Bullish & Near term structure is improving.
Support: 265 - 270
Resistance: 290 - 300
As long as the stock holds above 265, further upside towards the resistance zone is possible
*8% - 16% Upside Potential*
ICICIBANKICICIBANK
bullish trend is Showing on the chart.
buy signals in
technical indicators and
Ascending Channel chart pattern.
BUYING RANGE 1340/1350
Watch for a retest 1340/1350 to sustain the bullish trend. If the resistance holds, there could be a retest towards 1250/1260 and an uptrend from here.
Gold Reloads for the Next Move: Bulls Defend 4,650, Eyes on 4,70Market Structure
Gold remains in a broader bullish trend after defending the major demand zone near 4,550. The sharp rebound from that level confirms strong institutional buying and keeps the higher-high, higher-low structure intact on the intraday and short-term charts.
1H Timeframe
Trend: Bullish recovery within a larger consolidation range.
Price Action: Strong impulsive move up from 4,550 followed by controlled consolidation above 4,650.
Moving Averages: Price is holding above the short-term and mid-term MAs, indicating trend support.
Bollinger Bands: Expansion after a squeeze signals volatility expansion in favor of bulls.
RSI (~65): Bullish momentum, not yet extreme; room for continuation.
Volume: Expansion on the rally confirms genuine buying interest.
Key 1H Levels
Resistance: 4,675 → 4,700
Support: 4,650 → 4,620
Major Support: 4,550
5-Minute Timeframe
Intraday Bias: Bullish but slightly stretched.
Structure: Higher lows maintained after the breakout.
Momentum Indicators: Stochastic RSI is near overbought, suggesting short-term pullbacks are possible, but within a bullish context.
VWAP / EMA: Price respecting dynamic support, showing buyers still in control.
Scenario Outlook
Bullish Continuation
Sustained trade above 4,650 opens the path toward 4,690–4,700.
A clean break and hold above 4,700 could trigger acceleration toward fresh highs.
Corrective Pullback
A healthy retracement toward 4,620–4,650 would likely attract dip buyers.
Loss of 4,620 increases the probability of a deeper move toward 4,590, but trend remains bullish above 4,550.
Conclusion
Gold remains structurally bullish, supported by strong demand from lower levels. Short-term consolidation or shallow pullbacks are normal after the sharp rally, but overall bias stays bullish as long as 4,650 holds. Buyers remain in control unless price decisively breaks below key supports.






















