Weeky bias - price back inside range still holding supportsNifty futures took resistance at 25300 zone last week and came back to support zone of 24500.
Last Friday price produced bullish candle at support post gap down opening. As of now, price is still range bound and looking to hold support. A break of PWL and support zones may hint at a negative closing for the week else it is positive.
NIFTYU2021 trade ideas
Nifty : symmetry triangle fake BONifty moving in a symmetric triangle
Broke out strong on RBI interest rate decision day
Breakout faded as bulls failed to move price higher
Consecutive last 3 trading days closing<openings
During closing hours big boys moved the price downside and closed below key round level 25000 and trendline of the triangle.
Possible target are marked in chart
Play bear put spread with 1:4 RR.
Happy trading.
Nifty🔍 **Market Outlook – June 12, 2025**
**Nifty 50 Overview:**
* **Opening:** Nifty opened with a positive bias, up by **+23 points**, but is currently trading almost flat with a slight positive tilt.
* **Key Resistance:** Yesterday, Nifty faced resistance near the **25281** level — a level we had highlighted earlier. This continues to act as a **strong resistance zone**.
* **Key Support:** The **25115** level has now **failed to hold as a reliable support**, which is a critical development.
**Outlook:**
* If Nifty **breaks below 25115**, we may witness **further profit booking** and a potential short-term correction in the coming sessions.
* However, sustained trading above 25115 could keep the index in a **consolidation or mild uptrend** mode.
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**Bank Nifty Update:**
* **Support Level:** Strong support is seen near **56194**.
* If we see a **price reversal or bullish signal from this level**, it could present a **buying opportunity** in Bank Nifty for short-term traders.
* Failure to hold this support could lead to **further downside pressure**.
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### ✅ **Strategy for Today:**
* **Nifty:** Watch 25115 closely. A break below this level could trigger short opportunities. Resistance remains firm at 25281.
* **Bank Nifty:** Monitor price action near 56194. Look for bullish confirmation before entering long positions.
**Note:** Volatility may persist. Maintain disciplined stop-losses and trade with proper risk management.
LETS GO 26000 A triangle breakout is a key technical pattern in trading that signals a potential continuation or reversal of a trend. It occurs when price action breaks out of a triangle formation, which can be ascending, descending, or symmetrical.
- Ascending Triangle: Bullish pattern where price breaks above resistance.
- Descending Triangle: Bearish pattern where price breaks below support.
- Symmetrical Triangle: Neutral pattern where price can break in either direction.
Traders often look for high volume confirmation to validate the breakout and set targets based on the triangle's height. False breakouts can occur, so risk management is crucial.
Weekly bias - Bulls in control of priceNifty futures price gave a bullish candle for the week closed above 25000 futures level.
Now 25000 acts as support zone for the price and any dip towards it if held should be considered as a buying opportunity. The immediate trend is hinting that price may break out of the range towards the upside with short term targets being 25400 and beyond.
Tip : All see, few observe
6th-June-FridayHi
Welcome to today’s Nifty forecast grid presented by Grid-Work’s
Huge selling in the first 3 bars
And then on the close of the 1st hour we see
A sudden and huge short covering manipulation
Only possible when market makers have already planned it
Some RBI news pls check it out
Thank you
Did this in a hurry
If you have any questions about what to look for?
When to look for ? And where to look for ?
Price action , real-time order flow interaction
And finding value with profile very effective
Enjoy safe .
Today’s Nifty Grid workHi
Welcome to today’s Nifty grid
As per today’s morning range this is what grid looks like for the rest of the day
It has also retested exactly at the half price
of morning range
Grid-Work’s
Production
Where ever there is money there is geometry .
Thank you
Spreader’s are the only people who make consistent money from the markets
How Smart Money Work (ICT) Inner Circle Trader@
Youriverse Accumulation, manipulation and distribution
Eventually, this coiled energy resolved to the upside. BTC broke through the upper boundary of the accumulation zone with increasing volume and momentum, triggering a sharp rally and leading to the formation of a new all-time high. At that point, market sentiment turned decidedly bullish, with breakout traders entering the market, expecting continuation. However, the price failed to sustain above the previous ATH for long. Despite the breakout’s initial strength, Bitcoin was unable to establish a solid foothold above the critical psychological and technical level, which has now proven to be a key inflection point.
Gift nifty 25150-25250 upside Target today 24800 Target hit How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range
Targets :
Target T1 : 36.1% to 38.3%
Target T3 : 49.1% to 52.5%
T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again
Target T4 : 76.4% to 79.7%
Next Targets are 100% , 127.2% ,141.4% and final Target 161.8%.
How to take reversal trade :
If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection ).
Trailing SL:
After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside)
Re- Entry :
For Re-entry in any pull back Point D ( 15.1% ) is used for re-entry then SL recent high or low Point SL ( 0% ) .
Blue Line is 1st support/ Resistance
Green line is 2nd support/ resistance
Red line is 3rd Support/ resistance
Nifty fut weekly bias - bulls hold key levelsBullish bias remains on weekly chart and price can probably continue to head higher. On the daily TF a rising channel is developing, price has respected the middle of the channel and it seems is heading towards top of the channel. Price action can get bullish Prev week high is crossed.
GIFT NIFTY ANALYSIS 23-MAY-2025: BULL or BEAR?LTP 24883
GAP Support zone: 24450-24207
Support: 24750
Resistance: 25225
As of now Nifty is at 50:50 probability zone.
BEARISH SCENARIO:
If 25225 resists, we can see 24507 again and further 24450, 207, 23950.
Extensions can be 23550, 23150, 22850.
Reversal from any of these levels, 1st target 25225.
BULLISH SCENARIO:
If Gift Nifty breaks 25225, we will see 25277 first.
Further
Minimum target: 25455-25734
Normal target: 26434-26600-27155
Ultimate target: 29289.
Gifty Hourly charts suggest 900 Points upside possibility.Gifty Hourly charts suggest 900 Points upside possibility.
Gifty is consolidating in narrow range since few sessions & Breakout above last weeks high will open gates for 25900+ Targets in 1-2 weeks timeframe.
LTP - 25015
Targets - 25900+
Timeframe - 1-2 weeks
Happy Investing.
GIFT NIFTY Analysis 22-May-2025: Bottom is in or more to go?LTP 24633
LOW: 24507
Base support: 23734
Downside extension can be 24480, 307, 185, 80, 23934.
If low 24507 holds and a break of 24743, we can NEW ATH and 1st minimum target would be 25534.
Other targets:
Ultimate target zone 1: 26315, 26634-27307
Ultimate target zone 2: 28434-29530, 30500
Ultimate target zone 3: 31337-31755-32434
GIFT NIFTYA triangle chart pattern is a tool used in technical analysis. Named for its resemblance to a series of triangles, the triangle chart pattern is created by drawing trendlines along a converging price range. The result signals a pause in the prevailing trend.
Technical analysts read the triangle as an indicator of a continuation of an existing trend or reversal.
Despite being a continuation, traders should look for breakouts before they make a move to buy or sell.