Nifty has broken Hoz support, Trendline & Rising Triangle.Nifty has broken Hoz support, Trendline & Rising Triangle.
Market indices
Upward momentum of Nasdaq is weakeningUpward momentum of Nasdaq is weakening. Waiting for negative global cues to nreal trendline
Bullish momentum to extend?DAX40 (DE40) is falling towards the pivot which has been identified as a pullback support and could bounce to the pullback resistance.
Pivot: 23,059.10
1st Support: 22,177.80
1st Resistance: 24,630.42
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish drop off 50% Fibonacci resistance?The US Dollar Index (DXY) is rising towards the pivot which acts as a pullback resistance and could drop to the 1st support.
Pivot: 99..15
1st Support: 96.54
1st Resistance: 100.57
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
#NIFTY Intraday Support and Resistance Levels - 21/07/2025Nifty is likely to start the day with a flat opening, as current price action is indicating a consolidation phase near the lower range. The zone between 24,950–25,050 is acting as a key area of indecision, where prices are stuck in a tight range, showing a lack of clear momentum. This consolidation could lead to a breakout or breakdown depending on how the index reacts at key levels.
If Nifty sustains above 25,050, it may trigger a short-term upward move, breaking the consolidation phase. In such a scenario, an upside rally towards 25,150, 25,200, and 25,250+ levels can be expected, making it a favorable long setup for intraday traders.
On the contrary, if the index slips below 24,950, the selling pressure may increase, and downside momentum can accelerate. A breakdown here could pull the index towards support levels of 24,850, 24,800, and even 24,750-, which would confirm bearish strength.
Traders are advised to avoid aggressive positions within the consolidation zone and wait for a breakout or breakdown for directional trades. Quick entries with partial profit booking at every level and strict stop-losses are recommended to manage risk efficiently in today’s range-bound environment.
#Banknifty directions and levels for July 21st:What can we expect today?
In the previous session, both Nifty and Bank Nifty fell sharply. Structurally, the trend remains negative.
However, due to major firms' results, we might see some volatility in the first half, possibly leading to initial speculation.
That said, as per the structure my expectation is a continuation of the correction that's my current view
The alternate view is If the market takes an initial pullback, we could see a 23–38% retracement in the minor swing. Even in this scenario, the bias remains bearish unless the 38% Fibonacci level is broken.
A break above 38% could extend the pullback toward the 50–78% levels.
#Nifty directions and levels for July 21st:Good morning, friends! 🌞
Here are the market directions and levels for July 21st:
The global market shows no major changes and continues to maintain a moderately bearish sentiment.
Meanwhile, the local market is exhibiting a bearish tone. Today, Gift Nifty indicates a neutral to slightly gap-down start,
around 30 points negative.
What can we expect today?
In the previous session, both Nifty and Bank Nifty fell sharply. Structurally, the trend remains negative.
However, due to major firms' results, we might see some volatility in the first half, possibly leading to initial speculation.
That said, as per the structure my expectation is a continuation of the correction that's my current view
The alternate view is If the market takes an initial pullback, we could see a 23–38% retracement in the minor swing. Even in this scenario, the bias remains bearish unless the 38% Fibonacci level is broken.
A break above 38% could extend the pullback toward the 50–78% levels.
[INTRADAY] #BANKNIFTY PE & CE Levels(21/07/2025)Bank Nifty is expected to open with a gap-up, indicating early bullish sentiment. However, price action near the 56,450–56,500 zone will be crucial in deciding the day’s direction. If Bank Nifty manages to sustain above the 56,650 level after opening, it may invite fresh momentum on the upside. A move above this zone can be seen as a strength confirmation, potentially pushing the index toward targets of 56,750, 56,850, and even 56,950+ levels.
On the other hand, if the index faces resistance and shows rejection from the 56,450–56,400 supply zone, weakness can creep in. This could trigger a corrective move toward the lower levels of 56,250, 56,150, and 56,050-, making it a favorable short trade setup for the day if confirmed by price action.
Additionally, a breakdown below the 55,950 support level can lead to strong bearish pressure. If this level is breached and sustained, the index may fall sharply toward the support zones of 55,750, 55,650, and 55,550-, indicating bearish continuation.
Nifty Spot Longterm View *Nifty Spot* Chart for members Reference.
Currently trading in Parabolic trend and inside Triangular zone.
On closing above the triangular zone, big rally to Begin.
Shared *My Study* based on chart pattern.
Kindly do your analysis from your side too.
Nifty Spot Longterm View*Nifty Spot* Chart for members Reference.
Currently trading in Parabolic trend and inside Triangular zone.
Shared *My Study* based on chart pattern.
Kindly do your analysis from your side too.
$nifty50took first liquidity and deviated back
now we take liquidty under vwap or not but good spot to reverse here
ATH incoming
rsi looks nice and reset
wont be suprized if we range here for a bit before blasting through
Australia 200: Pullback Presents Second Chance for LongsThe Australia 200 contract continues to trade above former horizontal resistance at 8627, with Monday’s pullback offering an improved entry level for longs looking to buy the breakout.
Bullish positions could be established ahead of 8627, with a stop beneath for protection. The session high of 8727 looms as an initial test for longs, with a push above that level opening the door for further upside.
While some like to use extension targets, the preference would be to wait for a clear topping pattern before exiting the trade. Others may prefer to adopt a target based on the desired risk–reward of the trade.
Bullish price momentum is showing signs of picking up again, favouring a similar bias. Iron ore futures are also flying in Asia, likely assisting gains across the underlying materials sector.
Good luck!
DS
US stocks hold near record highs on strong 2Q earnings
Despite elevated valuation pressures, US equities remain near all-time highs. While tariff concerns persist, resilient US economic data continues to support the market's upward momentum.
United Airlines reported a 1.7% YoY increase in 2Q revenue, citing easing geopolitical and macroeconomic uncertainties and a double-digit rebound in corporate demand. Meanwhile, earnings and share performance among mega-cap stocks have also been strong.
Netflix (NFLX) beat market expectations with 2Q revenue of $11.08 billion and EPS of $7.19. At the same time, Nvidia (NVDA) reached a fresh all-time high on renewed optimism over a potential resumption of exports to China.
After testing the support at 6285, US500 rebounded and approached its previous high again. The index holds above EMA21, suggesting the continuation of bullish momentum. If US500 remains above both EMA21 and the support at 6285, the index could breach the 6320 high. Conversely, if the US500 breaks below the support at 6285, the index could retreat further toward 6200.
CALL THE MARKETS - XAUUSD ANALYSISWE HAVE
ona
kyle
Hasan
Ashlee
Mav
We are looking for the new red candle to drop down to 23100 area. from the 23100 to see continuation or a reversal towards ATH for a rejection to continue down to our lower Blue square area.
obviously we will wait for more news but thats what we are looking a for now.
Weekly Volatility ReadGood Evening --🌗 🌕🌓
I hope everyone is having a relaxing weekend with friends and family alike because soon we will be in the thick of the price action again -- and it may get spicy! Let't us dive in as we review what happened last week and we look towards the next to trade range or observe.
The CBOE:SPX opened the week fairly slow at $6,193.18 and increased throughout the week wicking up to a new ATH of $6,315.61 only to close the week off at $6,267.28 -- This leaves the IM on the week +$83.10. This closest respects the quarterly implied range that was a 'strength of IV' of 129.30%.
Now looking towards this next week we have extremely low HV across the board in the broader markets. CBOE:SPX IV (13.14%) is trending 32% IV percentile on the year -- premium is seemingly cheap. HV10 (6.97%) is coiled within 97.67% of it's sliding yearly lows, showing a need for short-term volatility to consolidate. HV21 (7.78%) is even more coiled to it's yearly low at 98.76% respectively. Both are roughly mid 50% 'strength to IV' as IV predicts twice the potential move next week.
Lastly, HV63 our quarterly trending values is showing a 'strength of IV' at only 108% but, could be supporting the thesis IV is projecting, as we do need a TVC:VIX pop OR time-wise consolidation. 📈📉
I hope everyone has a great week trading ranges and I will see you next weekend!
Cheers! 🍻🍻🍻
Things are about to get wild. Just for fun... Hey, it can happen... right? 🤔😉
85% drop then.. hyper inflation.
US100 longLet market structure speak for itself! ;)
Looks like a clear long position... follow the trend!!!! <3
Weekly Volatility Snapshot Good Evening --
I hope everyone is having a restful weekend and enjoying your time away from markets. Always appreciate it while you can, and spend that precious time with loved ones. Now, let us review the price action last week as we look towards our expectations for the coming trading sessions.
The CBOE:SPX opened the weekly candle at $6,126.15 and closed $6,252.50 -- this respectively puts the weekly move at +$126.35. This is slightly above what IV was stating entering the week. We are starting to see seasonality set in as the markets top and look for consolidation. The TVC:VIX dropped throughout the week putting a bottom in at $15.70 which shows volatility creeping to it's lowest point year-to-date.
We should all expect a volatility bounce in the near future as the run the broader markets have made out of the steep correction needs to cool off before moving forward. Below is my volatility read for the S&P 500. You will see that HV10 (7.94%) is coiled within 3.30% of its sliding yearly lows. This tells me between the low sentiment in fear and the low volatility in short-term trends, we need to cool off a little.
Now looking towards this week, I see the broader markets consolidating and even selling off in order to reset the overbought 'lagging' indicators and pop the VIX up a little bit. The administration has pushed the trade deal deadline off till AUG 1st providing some relief to the markets but, has also created more uncertainties with tariff letters that went out Friday.
Look for a negative news cycle sparking up Sunday night into Monday, potentially creating momentum downwards. However, I believe we stay in range of what HV10 weighted to IV implies -- $6,207.72 - $6,311.78. This range holds a divergence from IV of 5.29% and and price gap difference of -$17.32. To me, this says that what is short-term trending is 'contractive' to what IV states.
That's all for this week. Stay hedged against your bias always and remember to practice your ABCs -- If you like what you are reading and love volatility range analysis as much as i do -- feel free to drop me a comment and ill get back to you! Till next time, Cheers!
Nas Long to clear HH liquidity before correctionHTF Context – Monthly / Weekly / Daily
• Big Beautiful Bill (Trump Tax + Spending Bill)
o Passed July 4th, acting as a stimulus.
o Markets historically rally on fiscal stimulus expectations (tax cuts + spending packages).
o This fuels bullish sentiment short-term, but long-term raises debt, inflation risk, and rate hike concerns.
• Seasonality
o July is typically strong for equities, especially tech, with mid-July often marking local tops before August pullbacks.
• Monthly structure
o Strong bullish monthly candles.
o Next major fib retracements if rejected: 38.2% ~20,398, 50% ~19,625, 61.8% ~18,852.
• Weekly / Daily structure
o HH-HL sequence continues.
o Price in premium zone, approaching major supply block 23,200–23,300.
o Daily BOS not broken downwards yet.
________________________________________
Key Levels
• Major supply / liquidity magnet: 23,200–23,300 (sell-side OB in futures, uncollected liquidity above HH)
• Recent swing high: 22,900
• Daily pivot: 22,470
• Intraday demand zone: 22,450–22,350 (4H wedge base + VWAP)
• Weekly support shelf: 22,100–22,200 (if lost, major trend shift bearish)
________________________________________
My View – Most Likely Path
1. Price is likely to sweep the liquidity above recent highs into the 23,200–23,300 supply zone.
o Why? Market rarely leaves liquidity uncollected. This move traps breakout buyers and hits stops above HHs.
o Big Beautiful Bill fuels the final squeeze higher as algorithms price in fiscal stimulus.
2. After liquidity sweep above 23,200–23,300:
o Expect strong rejection from that zone.
o Institutions offload positions into trapped retail longs.
o Price pulls back towards daily and weekly support zones for reaccumulation.
3. Alternate scenario (less likely)
o Immediate sell-off from current levels without sweeping HH.
o Weak move; would still expect a revisit higher later to clear liquidity before a proper downtrend.
________________________________________
Trade Setups – Intraday & Swing
Intraday Long (Most Likely)
• Bias: Bullish continuation
• Entry Zone: 22,450–22,350 (4H demand + VWAP)
• Trigger: 5m/15m BOS up
• Stop: Below 22,300.
• Targets: First at 22,615, next at 22,845, final at 23,200–23,300.
________________________________________
Intraday Short (Countertrend / Liquidity Sweep Reversal)
• Bias: Short from supply after liquidity grab
• Entry Zone: 23,200–23,300
• Trigger: Sweep of HH with rejection wick or bearish engulfing candle
• Stop: Above 23,350 (structure invalidation).
• Targets: First at 22,845, then 22,600, extend to 22,450 if momentum accelerates.
________________________________________
Swing Long (Continuation)
• Bias: Bullish trend intact
• Entry: After retest of daily pivot (22,470) or 4H demand (22,350–22,450) with 4H CHoCH + BOS up.
• Stop: Below 22,200 (weekly support break invalidates).
• Targets: 22,845 then 23,200–23,300. Blue sky if above.
________________________________________
Swing Short (Only if structure breaks)
• Trigger: Daily close below 22,200
• Bias: Bearish trend shift
• Targets: 21,800 first, then 21,000 major fib cluster and weekly MA.
________________________________________
Summary – My Final Opinion
Price is in a strong uptrend fuelled by fiscal stimulus, rate cuts and tarrif hopes . I think it will sweep the liquidity above 23,200–23,300 before any deeper pullback or trend reversal. Any rejection from that supply zone will be the cue to short for a structural retracement. Until then, I’ll keep buying dips aligned with the HTF bullish structure.
Nas100• Daily: Price is nearing the upper boundary of a rising wedge pattern — showing signs of overextension.
• 4H: Strong bullish structure with clean breaks and retests of minor consolidation ranges.
• 1H: Small range developing after recent high. A deeper pullback to 22,960–22,880 would offer a cleaner entry for continuation.
⚠️ Watch For:
• Wedge resistance on the daily chart.
• Bullish continuation only valid above 23,040.
• If we break below the 4H support zone (around 22,880), short-term pullbacks are likely.
SPX500: Clean Breakout Setup - Trade of the Week?SPX500 just broke and closed above a key daily level, confirming strength after a bull flag formed off a skinny leg up. The plan? Wait for a retest of that flag structure, then ride momentum higher. We’ve got a conservative stop below solid support, making this one of the cleanest, most technically sound setups of the week. Only watch-out: price may not give the retest and could continue running. Either way, structure favors the bulls.
DXY Eyes Breakout – Dollar Strength Gaining GroundThe U.S. Dollar Index (DXY) is testing its 50-day moving average on the daily chart, with bulls eyeing a potential breakout. A move above 98.75 could confirm a short-term trend reversal and open the path for further gains.
Stronger-than-expected U.S. economic data continues to support the greenback. Recent inflation prints, job market resilience, and solid retail spending have pushed back expectations for imminent Fed rate cuts. This shift in rate outlook provides fundamental support for the dollar.
In addition, strong U.S. corporate earnings are bolstering equity markets, attracting capital flows into U.S. assets and indirectly supporting dollar demand. Rising Treasury yields, especially on the short end, also offer more attractive returns for dollar-based investments.
Geopolitical uncertainties and trade tensions in Asia and Europe are prompting a rotation into the dollar as a safe-haven currency.
Meanwhile, some emerging market currencies are under pressure, increasing global demand for dollar liquidity.
Technically, a close above 98.75 could confirm bullish momentum, with 99.80 as the next upside target. As long as macro and risk dynamics lean in the dollar’s favor, DXY may continue its rebound from recent lows.
Bullish continuation for the Dollar?The price is falling towards the support level which is a pullback support that lines up with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 97.68
Why we like it:
There is a pullback support that aligns with the 38.6% Fibonacci retracement.
Stop loss: 96.98
Why we lik eit:
There is an overlap support that aligns with the 61.8% Fibonacci retracement.
Take profit: 98.88
Why we like it:
There is a pullback resistance.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
