Intraday Levels for 31st January 2025
Resistance Levels (Upside Targets)
49,400 – Immediate Resistance
49,600 – Strong breakout level
49,800 – 50,000 – Major supply zone
Support Levels (Downside Protection)
49,100 – First intraday support
48,900 – Strong support
48,600 – 48,400 – Major demand zone
Intraday Trading Plan for 31st Jan 2025
Bullish Trade Setup (Buy Above 49,400)
Entry: Above 49,400
Target 1: 49,600
Target 2: 49,800 – 50,000
Stop-Loss: 49,200
Bearish Trade Setup (Sell Below 49,100)
Entry: Below 49,100
Target 1: 48,900
Target 2: 48,600 – 48,400
Stop-Loss: 49,300
Resistance Levels (Upside Targets)
49,400 – Immediate Resistance
49,600 – Strong breakout level
49,800 – 50,000 – Major supply zone
Support Levels (Downside Protection)
49,100 – First intraday support
48,900 – Strong support
48,600 – 48,400 – Major demand zone
Intraday Trading Plan for 31st Jan 2025
Bullish Trade Setup (Buy Above 49,400)
Entry: Above 49,400
Target 1: 49,600
Target 2: 49,800 – 50,000
Stop-Loss: 49,200
Bearish Trade Setup (Sell Below 49,100)
Entry: Below 49,100
Target 1: 48,900
Target 2: 48,600 – 48,400
Stop-Loss: 49,300
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.