Banknifty - 25-02-2025 - Prediction by ABHI_SOptimal Trading Zones for Buying and Selling
Recommended Selling Zones:
Primary Selling Zone: 48,950 – 49,050
Secondary Selling Zone: 48,900 – 48,666
When the price reaches these levels, it's a good opportunity to consider selling, as these are areas where the price is likely to face resistance. By selling in these zones, you can capitalize on potential reversals or a decrease in price momentum.
Recommended Buying Zones:
Primary Buying Zone: 48,550 – 48,450
Secondary Buying Zone: 48,250 – 48,350
When the price dips to these levels, it’s ideal to enter the market on the buy side. These zones are likely to act as support levels, where price may rebound or stabilize. Entering trades at these points helps manage risk and maximize potential for upward movement.
By positioning yourself within these zones, you can trade with a more favorable risk-to-reward ratio. Always make sure to assess the market trend, volume, and any other relevant indicators before executing trades. Let me know if you need any further details or refinements!
Beyond Technical Analysis
ETH/USD Chart Breakdown - Range-Bound Market AnalysisCurrent Market Structure:
ETH/USD has been consolidating within a well-defined range since early February.
The support zone is around $2,400 - $2,450, while the resistance zone is between $2,800 - $2,900.
A clear downtrend line from previous highs suggests an overall bearish bias, but price has not yet broken out of the range.
Possible Scenarios:
1. Bullish Breakout Above $2,900:
If ETH/USD breaks and closes above this resistance, it could signal continuation of bullish momentum towards $3,000+.
Buyers would likely step in aggressively, aiming for $3,200-$3,400, aligning with previous structural highs.
2. Bearish Breakdown Below $2,400:
A breakdown below this key support level would confirm a bearish continuation, targeting $2,200 - $2,000.
A high-volume sell-off could even push ETH/USD toward the $1,800 psychological level.
3. Continued Range-Bound Movement:
If neither side breaks decisively, ETH/USD is likely to continue oscillating between these levels.
Traders can fade the range (buy support, sell resistance) until a breakout occurs.
Key Levels to Watch:
Breakout Confirmation: Above $2,900 with strong volume.
Breakdown Confirmation: Below $2,400 with increased selling pressure.
Rejection Signals: Wicks or false breakouts at key levels could indicate fake moves.
Final Thoughts:
A breakout from the range zone will dictate ETH’s next major move.
Traders should wait for confirmation before positioning heavily.
Volume and market sentiment will be key indicators of the breakout’s strength.
XAU / USD, recovery at the beginning of the week⭐️ Smart investment, Strong finance
⭐️ GOLDEN INFORMATION:
Gold price (XAU/USD) sees renewed buying interest during the Asian session on Monday but stays within its recent range near last week’s record high. Ongoing uncertainty over US President Donald Trump's trade tariffs and their global economic impact, coupled with broader risk aversion, supports the safe-haven metal. Additionally, geopolitical tensions and a weaker US Dollar further bolster demand for gold.
⭐️ Personal comments NOVA:
Gold price recovered positively at the beginning of the week, mainly sideways and accumulated below 2955
⭐️ SET UP GOLD PRICE:
🔥 BUY GOLD zone: $2916 - $2918 SL $2911
TP1: $2920
TP2: $2925
TP3: $2930
🔥 SELL GOLD zone: $2952 - $2954 SL $2959
TP1: $2948
TP2: $2940
TP3: $2930
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
SPY Technical Analysis & GEX Options Setup for February 26📌 Key Observations from the Charts
1. Market Structure & Price Action:
* SPY had a steep drop from the 610-613 zone, now consolidating near 600.
* Support Levels:
* 600.00 (current price zone, minor support).
* 595.00 (major support & highest negative GEX level).
* 590.00 (critical put wall & last line of defense before deeper downside).
* Resistance Levels:
* 607.10 (POC, key resistance level).
* 610.38 (VAH, major rejection area).
* 613.26 (high resistance zone).
* If SPY loses 595, expect a further decline to 590 or lower.
2. Volume Profile & Auction Levels:
* Point of Control (POC): 607.10 → Major liquidity zone, critical to reclaim for upside.
* Value Area High (VAH): 610.38 → Strong resistance zone.
* Value Area Low (VAL): 599.47 → Must hold for potential rebound.
3. Indicators Review:
* MACD: Bearish momentum remains, though slight signs of divergence.
* Stochastic RSI: Deeply oversold, possible short-term bounce, but confirmation needed.
🛠️ Options GEX Analysis
* Call Resistance:
* 615-620 → Strong gamma resistance, unlikely to be breached soon.
* Put Walls & Support Zones:
* 595 → Highest Negative NETGEX & Major Put Support.
* 590 → Critical put wall—if breached, could trigger further downside acceleration.
* Implied Volatility (IVR & IVx):
* IVR 30 | IVx Avg 19.4 → Moderate IV, but increased put activity.
* Put Positioning 117.5% → Heavy bearish bias, extreme downside risk.
📈 Trade Setups & Game Plan
🔴 Bearish Scenario (Preferred Setup)
🔹 Entry: Short below 599 confirmation.
🔹 Target 1: 595.00 (Put Wall Support).
🔹 Target 2: 590.00 (Put Wall Breakdown Level).
🔹 Stop-Loss: Above 603 (invalidates breakdown).
🔹 Options Strategy:
* Buy PUTS 600/590 expiring 1-2 weeks out if breakdown confirms.
* Debit Put Spread (Bearish 600P/590P for risk control).
🟢 Bullish Scenario (Less Likely)
🔹 Entry: If price reclaims 603-607, targeting 610+.
🔹 Target 1: 607.10 (POC, first resistance).
🔹 Target 2: 610.38-613.26 (major resistance).
🔹 Stop-Loss: Below 599 invalidates upside move.
🔹 Options Strategy:
* Sell 590/585 Put Credit Spread for a bounce play.
🎯 My Thoughts & Suggestions
* Main Bias: Bearish, unless 603+ is reclaimed.
* Gamma Risks: Below 595, strong gamma exposure can push SPY lower quickly.
* Options Play: Puts are dominant, showing market hedging & downside risk.
⚠️ Disclaimer
This analysis is for educational purposes only and does not constitute financial advice. All trading involves risk, and past performance is not indicative of future results. Please do your own research and consult a professional financial advisor before making any investment decisions.
GBPUSD Buy Trade Idea 📈 GBPUSD Buy Trade Idea 📈
Looking for a move towards 1.2648 as price starts showing signs of recovery.
🔹 Current Price: 1.2630
🔹 Target: 1.2648
🔹 Deadline: Feb 25, 02:30 UTC
This is the direction—now it's up to you to implement your own strategy on how you want to enter. Stick to your plan, manage risk, and let’s see how it plays out! 🔥
Drop your thoughts below! 👇🏼
#GBPUSD #ForexTrading #TechnicalAnalysis #PriceAction #TradeSetup #MarketMoves #ForexStrategy
What Lies Beneath Rigetti’s Quantum Ambitions?Rigetti Computing, Inc. stands at the forefront of quantum innovation, chasing a future where computational power reshapes industries. Yet, allegations of securities fraud have cast a formidable shadow over its aspirations. The Rosen Law Firm’s investigation, sparked by claims that Rigetti may have misled investors with overstated progress or understated risks, intensified after a 45% stock drop on January 8, 2025—triggered by Nvidia CEO Jensen Huang’s assertion that practical quantum computers remain 20 years distant. This collision of legal scrutiny and market shock prompts a tantalizing question: can a company’s bold vision endure when its foundation is questioned?
The securities fraud allegations strike at the heart of Rigetti’s credibility. As the company advances its cloud-based quantum platform and scalable processors, the probe—echoed by The Schall Law Firm—examines whether its disclosures painted an overly rosy picture, potentially luring investors into a speculative abyss. Huang’s sobering timeline only amplifies the stakes, exposing the fragility of trust in a field where breakthroughs are elusive. What does it mean for a pioneer to navigate such treacherous waters, where technical promise meets the demand for transparency? This riddle challenges us to dissect the interplay of innovation and integrity.
For Rigetti’s investors, the unfolding drama is both a cautionary tale and a call to action. With millions of shares and warrants poised for market entry amid a $0.515 stock price, the allegations fuel uncertainty and ignite curiosity about resilience in crisis. Could this investigation, if resolved favorably, strengthen Rigetti’s resolve and refine its path? Or will it unravel a quantum dream deferred? As the company balances cutting-edge pursuit with legal reckoning, the enigma deepens, urging readers to ponder the price of progress and the courage required to sustain it against all odds.
Gold prices continued to rise at the beginning of the weekGold news:
🔆Gold prices remain in a bullish consolidation phase just below record highs early Monday. A rebound in US Treasury yields counterbalances the decline in the US dollar, keeping gold within a familiar trading range.
🔆However, the downside for gold is cushioned by broad weakness in the US dollar, driven by the euro’s rally following the German election results.
🔆The precious metal may also find support from growing expectations that the US Federal Reserve (Fed) will implement two interest rate cuts this year. This sentiment was reinforced by the US Composite Flash PMI Output Index, which dropped from 52.7 in January to 50.4, marking a 17-month low. The decline has fueled concerns about the US economic outlook amid trade policy uncertainties and potential inflationary risks.
🔆Looking ahead, investors will focus on the upcoming US-Russia meeting, potential new tariff threats from President Trump, and key US economic data releases this week for fresh direction in gold prices.
Personal opinion:
🔆Gold will maintain the uptrend to retest the old ATH zone of 2955. Then there will be a new ATH level at 2970.
Technical analysis:
🔆Based on support - resistance levels and important Fibonacci levels combined with trend lines to come up with a suitable strategy
Plan:
🔆 Price Zone Setup:
👉Buy Gold 2919 – 2921
❌SL: 2914 | ✅TP: 2925– 2931 – 2945
👉Buy Gold 2932 – 2929(European session)
❌SL: 2924 | ✅TP: 2937– 2945 – 2954
👉Sell Gold 2969 – 2971
❌SL: 2976| ✅TP: 2965– 2960 – 2950
FM wishes you a successful trading day 💰💰💰
British Pound / U.S. DollarHello Dear Traders
Pound Analysis
Based on the bullish analysis of DXY, I present to you the updated analysis for the Pound. The Pound chart has confirmed its bullish daily confirmation, and I expect the major daily ceiling, which is the main price target, to reach 1.34340 in the coming weeks. However, we have a long way to go until the price reaches our target.
Currently, based on the bullish analysis of DXY, I have identified a suitable selling area in the 1-hour timeframe. Additionally, the minor 1-hour chart indicates a bullish trend. The Change of Character (CHoCH) has provided confirmation of a temporary correction in the 1-hour timeframe. Therefore, with this trend change, we can utilize this area of the Secret Order Block (1H) for entering a sell position.
Again, in the selling area, a 5-minute confirmation can help us optimize our entry into the trade.
First Support: 1.24866
1-Hour Liquidity: 123748
Potential Suitable Buying Area: 1.22928, which I will update once the price reaches this level.
Wishing you all success!
Fereydoon Bahrami
A retail trader in the Wall Street Trading Centre (Forex)
Risk Disclosure:
Trading in the Forex market is risky due to high price volatility. This analysis is solely my personal opinion and should not be considered financial advice. Please do your own research. You are responsible for any profits or losses resulting from this analysis.
SOLUSD: How to Draw Quarter's Theory LevelsApplying Quarter’s Theory to SOL/USD helps traders identify key psychological price levels where institutional players might step in. With Solana’s volatility, these quarter levels (25%, 50%, 75%, and full dollar increments) act as crucial areas for potential reversals or breakouts.
Current Market Outlook
SOL/USD is currently trading around a major quarter level, signaling a potential shift in momentum. If buyers push above $150, the next logical upside target is $175, while a breakdown could send prices back to $125—both key quarter points.
How to Trade It
Aggressive traders can enter at quarter levels with tight stops, aiming for quick price movements.
Conservative traders should wait for a breakout confirmation and a retest before executing trades.
Renko charts can help filter noise and confirm trend strength, making it easier to spot clean setups.
Is SOL/USD Gearing Up for a Big Move?
With SOL/USD sitting at a crucial level, the next move could be significant. Will we see a drop toward $125, or is a deeper pullback coming? What’s your take? Drop a comment below!
GBP/USD - Fair Value Gap (FVG) Short SetupOverview:
A bearish reversal setup based on Fair Value Gaps (FVGs), a concept used in Smart Money trading strategies.
Key Technical Insights:
🔹 Fair Value Gap (FVG) Zones:
The price is approaching an FVG entry zone around 1.2700, which may act as resistance.
A second FVG zone is located around 1.2850 - 1.2900, offering a secondary entry for shorts.
🔹 Bearish Trade Setup:
The plan anticipates a reaction at the first FVG zone, leading to a downside move.
If price continues higher, the second FVG zone provides another opportunity to enter shorts.
🔹 Stop Loss & Target:
Stop Loss: Placed above 1.2928 to protect against invalidation.
Target: 1.2350 - 1.2400, aligning with previous demand zones and imbalance filling.
Trade Plan:
📌 Entry Strategy:
Watch for bearish confirmation (e.g., rejection candles, lower time frame structure shift) at the FVG entry zone.
If price moves beyond the first FVG, consider a second entry at 1.2850 - 1.2900.
📌 Exit Strategy:
Take Profit: At the 1.2350 - 1.2400 target zone for a favorable risk-to-reward trade.
Stop Loss: Above 1.2928 to mitigate risk.
Final Thoughts:
✅ Bearish bias unless price breaks above 1.2928.
✅ Look for rejection at FVG zones for ideal entries.
✅ Potential downside move towards 1.2350 target.
📉 Patience is key—wait for confirmation before entering! 🚀
Trading minute impulseOn the minute timeframe of GBPJPY at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum. @fxopen
Ethereum (ETH/USD) - Falling Wedge Breakout Setup!Overview:
A potential bullish breakout from a falling wedge pattern, signaling a trend reversal.
Key Technical Insights:
🔹 Falling Wedge Formation:
Ethereum price has been trending downward inside a falling wedge, a common bullish reversal pattern.
The price is now testing the upper wedge resistance, indicating a possible breakout.
🔹 Support & Resistance Levels:
Support: Near 2,665 - 2,663 USD, acting as a strong downside cushion.
Resistance: The price needs to break above 2,694 USD to confirm the breakout.
🔹 Target Projection:
A breakout above the wedge could push the price up by 5.35% (144 USD) towards the 2,839 USD take-profit level.
Trade Plan:
📌 Entry Strategy:
Enter after confirmation of a breakout above 2,694 USD with volume.
A retest of the wedge breakout zone could provide a better risk-to-reward entry.
📌 Stop Loss:
Placed below 2,663 USD, invalidating the breakout if breached.
📌 Take Profit Target:
Around 2,839 USD, aligning with the measured move of the pattern.
Final Thoughts:
✅ Breakout potential is strong – wait for confirmation!
✅ Bullish momentum could drive ETH towards the 2,839 USD target.
✅ If price drops below 2,663 USD, consider exiting as the setup is invalidated.
📈 Watch for volume increase to confirm the breakout. 🚀
#XAUUSD 1H
Trend Analysis:
• Gold is moving within a well-defined ascending channel (highlighted in yellow).
• The price has maintained higher highs and higher lows, confirming the bullish trend.
Key Levels:
• Resistance Zone:
• 2,950 region – Price is currently testing this level.
• 3,034.558 – Major resistance level, potential target if price breaks above the current zone.
• Support Zones:
• 2,942 - 2,944 (Immediate support) – A minor retracement area.
• 2,920 region – Strong demand zone where price previously bounced.
Market Structure & Price Action:
• Short-term: The price is consolidating near resistance, showing signs of accumulation or potential breakout.
• Breakout Scenario: If Gold breaks and holds above 2,950, it could rally toward 3,000+ levels.
• Rejection Scenario: Failure to break could lead to a pullback toward the 2,920 support.
Conclusion:
Gold remains bullish within the channel. A confirmed breakout above 2,950 could trigger further upside, while rejection may lead to a short-term pullback. Monitoring price action at key levels is crucial for the next move.