NIFTY INTRADAY LEVELS FOR 13/09/2024BUY ABOVE - 25420
SL - 25320
TARGETS - 25500,25580,25650
SELL BELOW - 25320
SL - 25420
TARGETS - 25240,24190,24130
NO TRADE ZONE - 25320 to 25420
Previous Day High - 25420
Previous Day Low - 24950
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
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HAPPY TRADING 👍
Technical Analysis
BANK NIFTY INTRADAY LEVELS FOR 13/09/2024BUY ABOVE - 51750
SL - 51550
TARGETS - 51880,51990,52140
SELL BELOW - 51550
SL - 51750
TARGETS - 51400,51230,51080
NO TRADE ZONE - 51550 to 51750
Previous Day High - 51880
Previous Day Low - 51080
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Is Ripple Ready For A Bullish Breakout?Grayscale to Launch First U.S. XRP Trust, Paving the Way for Potential ETF
There were report that Grayscale is launching the first U.S. XRP Trust Fund, offering accredited investors direct exposure to XRP. This move is seen as a step towards an XRP exchange-traded fund (ETF). Grayscale has a history of pioneering crypto financial products, including converting its Bitcoin Trust into a spot ETF after a successful lawsuit against the SEC in 2023.
Now, looking at Ripple's Elliott Wave structure, its unfolding a five-wave bullish impulse on the weekly chart. Currently, it's trading in 6-year higher degree consolidation; ideally, it's a larger bullish triangle in wave four, which can be coming to an end in next few months. So possibly we can see a break higher.
XAUUSD Awaits Break of $2,530 Resistance Under CPI PressureXAUUSD is in a mild uptrend, trading around $2,517 with a key resistance level at $2,530.
If the price breaks above this level, the uptrend could continue. However, failure to breach it may lead to a correction toward the $2,501 support level.
The EMA 34 and EMA 89 are still supporting the current uptrend, but if the price falls below them, a downtrend might resume.
U.S. economic news, especially the CPI report, will heavily impact gold prices, as a higher-than-expected inflation rate could strengthen the USD, putting downward pressure on XAUUSD.
BANK NIFTY INTRADAY LEVELS FOR 12/09/2024BUY ABOVE - 51120
SL - 50970
TARGETS - 51260,51400,51550
SELL BELOW - 50970
SL - 51120
TARGETS - 50860,50740,50600
NO TRADE ZONE - 50970 to 51120
Previous Day High - 51400
Previous Day Low - 50970
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
NIFTY INTRADAY LEVELS FOR 12/09/2024BUY ABOVE - 24950
SL - 24900
TARGETS - 25020,25080,25130
SELL BELOW - 24900
SL - 24950
TARGETS - 24860,24800,24750
NO TRADE ZONE - 24900 to 24950
Previous Day High - 25130
Previous Day Low - 24900
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Dow Jones Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring US30 for a buying opportunity around 40750 zone, US30 was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 40750 support and resistance area.
Trade safe, Joe.
[INTRADAY] #BANKNIFTY PE & CE Levels(12/09/2024)Today will be slightly gap up opening expected in banknifty. After opening if banknifty sustain above 51050 level then possible upside rally upto 51450 level. 51450 level will act as a upside resistance for banknifty. Strong downside fall possible if banknifty starts trading below 50950 level.
GOLD D1 Analysis - BullishPair Name = Gold
Timeframe = D1
Analysis = technical + fundamentals
Trend = Bullish
Pattern = Bullish Flag
Explanation :-
Gold is bullish over all and getting a good volume. we can see price around 2550 or more. In Daily Timeframe Gold is making Bullish Flag Pattern. Here we are looking for breakout. After breakout We see big entries that will pump the market.
NZDUSD Breakout And Potential RetraceHey Traders, in the coming week we are monitoring NZDUSD for a selling opportunity around 0.61800 zone, NZDUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.61800 support and resistance zone.
Trade safe, Joe.
USDCAD Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.35300 zone, USDCAD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.35300 support and resistance area.
Trade safe, Joe.
AUDUSD Potential DownsidesHey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.67200 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.67200 support and resistance area.
Trade safe, Joe.
USDJPY - at most expensive region of the months? Next??#USDJPY.. market just reached at his most expensive region of the decades.
Don't be lazy here guys and keep close.
The region is 140.50 to 141 around
And if market hold it then bounce expect d from here.
And one thing more keep in mind that if market didnot hold it then CUT N REVERSE keep in hand on confirmation.
Good luck
Trade wisely
Gold may rise due to a lower CPI, targeting 2,540.Tonight, the CPI indicator will be released, and it is expected to be lower than the previous period, which could push gold prices higher. Traders should stay attentive to the news.
Currently, the XAUUSD chart shows the price moving within an upward channel, with parallel trend lines framing the current price action.
The short-term EMA 34 is supporting the bullish trend, as the current price is above both EMAs, confirming the short-term upward trend.
The current support level around 2,499 (EMA 89) has shown strong support for XAUUSD, with the price rebounding several times from this level.
The nearest key resistance is at 2,540, and if the price breaks this level, it could lead to a more pronounced bullish trend.
Bitcoin to rise before Fed rate decisionHello traders,
Bitcoin price tested 53k support area again and currently is in a correction phase.
I expect BTC price to trade in the range between 53k and 61k before 18th September when the FED expected to cut rates.
After that event all markets might plunge in the short term but in the long term this should be bullish.
Considering all this, it's highly important for Bitcoin price to hold above the 50k area in the short term before all markets will start to recover.
Will Bitcoin manage to hold a 50k support area is another question but if it fails to do so then we might see BTC reaching 47k or even 42k areas.
But in any case I don't expect the price to stay at those levels for too long as it is more likely to recover quickly.
Please, do not forget to boost this idea and leave your comments below, thanks.
Will Today's CPI Report Ease Crypto Pressure Post-Debate?Macro theme:
- Fears of a global recession are weighing on Bitcoin as a risky asset, though the US economy remains on track for steady growth.
- Investor engagement with exchanges has decreased, with lower trading volumes reflecting reduced interest.
- Bitcoin's recent gains were impacted following the first debate between Donald Trump and Kamala Harris, with odds favouring Harris.
- All eyes are now on today's CPI data; if inflation falls as expected, a short squeeze could ease the recent price pressure.
Technical theme:
- From a 4-hour chart perspective, BTCUSD is hovering around EMA21, indicating that the sideways mode persists. EMA21 has not crossed up EMA78 yet to create a complete shift of the current sideways structure despite that BTCUSD broke its previous descending channel.
- If BTCUSD extends its gain beyond 58200, the price may continue to reach the psychology level 60000.
- On the contrary, if BTCUSD breaks below 55660, the price may retest the 54600.
#NIFTY Intraday Support and Resistance Levels - 11/09/2024Today will be slightly gap up opening in banknifty. After opening if nifty starts trading above 25150 level then expected strong upside rally upto 25350+ level. Downside expected below 25050 level. For today's session 24900 will act as a downside support for nifty. Any strong downside only expected below this level.
[INTRADAY] #BANKNIFTY PE & CE Levels(11/09/2024)Today will be slightly gap up opening expected in banknifty. Possible banknifty open near 51500 level. 51000-51500 level will act as a consolidation zone for banknifty any strong movements only expected after break of this zone. Upside strong 400-500 points rally possible if banknifty starts trading above 51550 level.
GOLD H1 Timeframe Analysis - Bullish Or Bearish Pair Name = Gold
Timeframe =H1
Analysis = technical + fundamentals
Trend = Bullish
Support Levels = 2514, 2508, 2504
Resistance Level =2523, 2529, 2445
Explanation : -
Gold Moving As predicted Yesterday. Still getting Good Volume and On the way To Our main Target 2550. But always Secret of the market is buy the dips and sell tops. So if you are sure market is bullish or bearish, the main and important thing in the life the trader is perfect entry with proper Risk Management. One more thing I wanna discuss before the details explanation about the GOLD today Move. Maximum traders fails because they don't use Risk Management formula in trading.
Here I wanna Explain the Gold Next Move. Gold Dips can Touch The Price levels 2514, 2508, 2504 .These are the key points for the bearish move. In bullish Move Key Levels are 2523, 2529, 2445
In bullish Move Gold Will Target These Points. Now Currently Price is above the EMA 50 that indicates the bullish trend. But bullish trend will be confirm If price will cross EMA5.