Bank Nifty (5-min chart) Plan: Price demand zone se bounce le sakta hai ya breakdown hoke lower zone test karega. Levels: Upside target: 49,400 - 49,600 resistance zone. Downside target: 48,800 - 48,400 demand zone. Volume Analysis: Higher volumes breakout ko support karenge.
Price has already Rejected 538.78 on Friday. Price has a previous higher low on the 1hr at 535 However I believe we will respect 530 as it A stronger level on the Weekly time Frame. Price should Reject 530 and continue to trend upwards. And Buy past 540, make at 539 and continue to trend upwards for a new 52 week high.
Nifty 50 (5-min chart) Plan: Price FVG fill karke OB se reaction le sakta hai. Levels: Upside target: 23,080+. Support: 22,800 demand zone aur FVG area. Volume Analysis: Increasing volume strength indicate kar raha hai ki next move strong ho sakta hai.
potential bullish divergence on daily, might be a good opportunity
There is some very bullish price action being observed in Biontech. This could mean a catalyst for all the vaccine stocks could be coming soon.
Technical / Chart Analysis: Double Top Formation: The chart clearly exhibits a potential double top pattern around the 1.30564 resistance level. This is a bearish reversal pattern that suggests a potential trend change from bullish to bearish. Breakdown of Uptrend: The preceding price action shows an uptrend, which has now been halted by the double top. Key Support Level: The most crucial level to watch is the support around 1.28642. A confirmed break below this level would validate the double top pattern and signal a potential strong move downwards. Monthly Performance: January saw a +180 pip move, followed by February with a +230 pip gain. This demonstrates the potential for significant profits in GBPUSD through swing trading. Swing Analysis: February's +230 pip move consisted of 3 upward swings and 2 downward swings, highlighting the importance of capturing both upward and downward momentum in this pair due to the Choppy Price Action. Conclusion: FX:GBPUSD is at a critical juncture. The potential double top formation suggests a bearish bias, but confirmation is needed. Traders should closely monitor the key support level at 1.28642 for a potential breakdown and look for LONG Trades on breaking key levels to the Upside What are your thoughts on GBPUSD's potential for swing trading? Do you see a breakdown or a bounce? Share your analysis and comments below!
Gold News: ?The ongoing U.S. tariff disputes with Canada, Mexico, and China have prompted many investors to rethink their strategies, leading to an increased allocation toward Gold. As trade tensions continue to rise, there is mounting concern that the tariff conflict could expand to include the U.S.'s European trading partners. If this scenario unfolds, Gold's role as a safeguard against economic uncertainty will become even more significant. ?Furthermore, central banks have been actively buying Gold, with 2024 seeing a record acquisition of 4,974 tonnes, according to the World Gold Council. This unprecedented demand highlights Gold's enduring appeal as a stable investment during times of economic instability. Gold's Technical Outlook: Key Levels and Price Movement ?Gold recently settled at $2,882.99 per ounce, marking a slight decrease of nearly 2% as of February 14, 2025. This decline is mainly due to profit-taking just above the important weekly support level of $2,864. Nevertheless, Gold has maintained a seven-week winning streak within a clearly defined 16-month bullish price channel, indicating sustained investor confidence in its safe-haven qualities. Comment: ?Gold will have a period of recovery and decline for investors to refer to and bounce back according to the main trend that is still going strong Analysis: ?Based on the important Resistance - Support zones and consider based on economic activities and ongoing trade wars Plan: ? Price Zone Setup: ?Buy Gold 2863 - 2860 ❌SL: 2854 | ✅TP: 2868 - 2875 – 2885 ?Sell Gold 2945 -2943 ❌SL: 2951 | ✅TP: 2938 - 2930– 2920 FM wishes you a successful trading day ???
? The ASI Index remains in a strong uptrend, with bullish momentum pushing prices towards major resistance zones. Key Levels to Watch: ✅ Resistance: 17,837 → 1.618 Fibonacci Extension and a critical resistance level. 17,093 - 17,092 → Short-term resistance before Fib extension. ? Support: 16,728 → Key support if ASI pulls back. 16,242 - 15,523 → Major demand zones. ? Bullish Scenario: If 17,837 is broken with volume, ASI could continue its rally towards new highs. ? Bearish Scenario: Failure to break resistance may lead to a pullback towards 16,728 or lower support levels. ? Conclusion: ASI remains bullish, but traders should watch for reactions at resistance levels. A breakout above 17,837 would confirm further upside, while a pullback would provide potential re-entry zones. ? Let me know your thoughts in the comments! ? #CSE #ASI #SriLankaStocks #StockMarket #TradingView
Its time for pivx buyers that ,this project listed on top gainers! Soon and less than 48 hours while BTC is on sideway moves!
Hook will surprise us, I see a change of direction in where the price will start to recover from the BEAR canal we faced My feeling is Bullish NFA