Get started

Community ideas

Midnifty Intraday Analysis for 06th May 2025NSE:NIFTY_MID_SELECT Index closed near 12240 level and Maximum Call and Put Writing near CMP as below in April Month contract: Call Writing 12500 Strike – 2.95 Lakh 12200 Strike – 2.61 Lakh 12000 Strike – 2.52 Lakh Put Writing 12000 Strike – 5.96 Lakh 12200 Strike – 2.93 Lakh 12100 Strike – 1.88 Lakh Index has immediate resistance near 12375 – 12425 range and if index crosses and sustains above this level then may reach 12575 – 12625 range. Index has immediate support near 12050 – 12000 range and if this support is broken then index may tank near 11925 – 11875 range.
NSE:NIFTY_MID_SELECT
by RKMAURYA
Rising Wedge PatternIdentification: Both trendlines are sloping upwards, forming higher highs and higher lows. The range is narrowing, with price moving within a converging upward channel. This is typically considered a bearish reversal pattern, especially when it forms after an uptrend (as in this chart). 🔹 Implications: If the price breaks down through the lower trendline, it may signal a short opportunity. After a breakdown, the price target is usually equal to the height of the wedge (from the widest point). Breakdown confirmation should ideally come with high volume. 🔹 Key Levels (from the chart): Resistance zone: Around 24,489 – 24,831 Immediate support: Around 24,372 (horizontal) Major support zone: Around 23,224 – 23,216 🔹 Possible Trade Setup (if breakdown happens): Sell below: The lower wedge trendline (after candle closes below it) Target levels: First target ~24,000, second target ~23,200 Stop loss: Just above the recent swing high or upper wedge line only for educational purpos
NSE:NIFTY
by ahmed18saqib
Nifty projected target could be near 30,500.Nifty is currently trading at 24,346. After breaking out above the 23,800 level, it has been consolidating within a range over the past few days. If you’ve already bought Nifty, here’s a key suggestion: there may be a slight correction ahead, with potential support around the 23,800 level. From there, the next target appears to be around 25,500. If Nifty manages to break above 26,277 and successfully retests that level as support, the next projected target could be near 30,500.
NSE:NIFTYLong
by rakeshdalal419
XAU/USD Weekly analysis (04-05-25 to - 10-05-25) **🟨 GOLD (XAU/USD) ** **📈 Move** Gold is currently trading at **$3,240.93** (+0.30%) and shows potential for further **upside movement**, targeting **$3,300–$3,380** if bullish momentum continues. **📌 Reason** - **Key support** held near **$3,220–$3,180** (previous lows). - Break above **$3,241.38** (recent high) suggests bullish continuation. - Weak USD and safe-haven demand could fuel upward momentum. **🔮 Outlook** - **Bullish Scenario**: Sustained move above **$3,240** opens path to **$3,300–$3,380**. - **Bearish Risk**: Failure to hold **$3,220** may trigger a drop toward **$3,180–$3,140**. **📅 Next 24–48 Hours** - **Buy Signal**: Confirmed if price holds above **$3,240** with target **$3,300**. - **Stop-Loss**: Below **$3,220** for long positions. - **Key Resistance**: **$3,300 (psychological level) → $3,380 (swing high)**. **Key Levels** - **Support**: $3,220 → $3,180 - **Resistance**: $3,300 → $3,380
CAPITALCOM:GOLD
by JOY-OF-RISK-TARGET-ONE-WAVE
3
Gold Hits 3382 – As Forecasted- Recap (04-05-2025 to 10-05-2025)Gold has successfully reached the 3382 level, aligning perfectly with our previous outlook. 📉 Technical Insight: Our analysis identified 3382 as a key resistance zone based on Fibonacci extension levels and prior price structure. The move was supported by strong momentum, with price action forming a bullish continuation pattern before the breakout. 📊 Fundamental Drivers: Gold's rally was fueled by persistent inflation concerns, escalating geopolitical tensions, and increasing central bank purchases — especially amid continued uncertainty in U.S. rate cut timelines. These macro factors strengthened gold's safe-haven appeal. ✅ Result: Market followed the script. Precise analysis — accurate results.
CAPITALCOM:GOLDLong
by JOY-OF-RISK-TARGET-ONE-WAVE
1
Gold Rebounds to 3386. Next Targets 3415 & 3435Gold gathers strong bullish momentum supported by buyers intervention above 3300 psychological zone triggered by rush to safety and safe haven demand on the backdrop of emerging geo political crisis in the middle east. Asian session witnessed bullish rebound reaching 3386 while price action shows consolidation of intraday rally around 3350-3370 Immediate support is seen located at 3332-3326 which is likely to resume buying and resumption of uptrend may retest 3386 followed by extension to 3415-3435 Markets will also pay close attention to Fed's tone.
OANDA:XAUUSDLong
by SunilKumarDixitSKCharting
2
CESC - CUP AND HANDLE PATTERN (BULLISH )CESC has formed CUP AND HANDLE pattern on the Daily charts and has given a breakout. A cup and handle price pattern resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. A cup and handle is considered a bullish signal signalling an uptrend. CESC is trading above its 11 & 22 day EMA. RSI is at 67 signalling positive momentum. CMP- Rs. 162 Entry Price - Above Rs.226 Target Price- Rs.210 ( 30%) ( HNS TARGET) SL - 152 ( Breaking the confirmation Line) Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
NSE:CESCLong
by BullishBrew
GOLD MCX - Head and Shoulder Pattern ( Bearish) in 1 our ChartGold Futures formed a Head & Shoulder Pattern on the 1 hour chart and given a breakout on the downside with strong volumes, confirming the validity of the pattern and the breakout. The HNS target comes to Rs.89000 which is good further 3% from the current prices. However the Stop loss is very steep so one can wait for some pullback for entry. CMP- Rs. 92637 TARGET-Rs. 89000 SL - 94950 Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
MCX:GOLD1!Short
by BullishBrew
Bitcoin Breakout Above 95K – Next Target Locked at 110KBitcoin has successfully cleared the 95,000 milestone, which was our earlier target. After a retracement, it broke out of the consolidation range with strength, signaling buyers are firmly in control. The breakout zone around 92,000–95,000 now acts as solid support, and this structure shift favors a continued bullish leg. The recent move also came with increasing momentum, showing fresh interest after a multi-week base. With no significant resistance until the 110K zone, the path remains open. A clean daily close above 97K will further strengthen the bullish drive. As long as Bitcoin stays above the breakout box, this move is not done. The breakout structure is intact — let the market do the rest. 110K is on the radar.
BITSTAMP:BTCUSDLong
by sparkrlight
4
XAUUSD Bullish Breakout with Retest & Rally Setup (1H Chart) Pair: XAUUSD (Gold vs US Dollar) Timeframe: 1 Hour (1H) Market Bias: Bullish Strategy Type: Trendline Breakout + Order Block Retest + Liquidity Sweep + Momentum Continuation 📊 Technical Analysis: 🔹 1. Trendline Breakout: A major descending trendline (bearish structure) was cleanly broken with strong bullish momentum. This is a market structure shift and indicates potential trend reversal or at least a short-term bullish rally. 🔹 2. Break of Structure & Demand Zones: Price broke above a key resistance zone (previous supply) around 3360, turning it into support/demand. A new bullish order block (OB) is visible just below current price (~3340–3350), now acting as an entry zone. A lower OB zone (~3300–3320) has been left unmitigated, which could act as a second deeper entry point if price retraces further. 🔹 3. Imbalance/Fair Value Gap (FVG): There is a clean imbalance left between the current price and the lower OB. Price may wick into this zone before rallying. This imbalance is acting like a magnet and could invite a retracement into the 3340–3320 zone. 🔹 4. Liquidity Engineering: Buy-side liquidity was likely swept above the trendline break and recent highs. Sellers trapped above the trendline may give fuel for a deeper push toward the next supply zone. 🔹 5. Target Supply Zone: A clean and unmitigated supply zone lies between 3480–3500, the ultimate target for bulls if momentum sustains. 📍 Key Levels: Type Price Range (Approx) Current Price 3360.90 Entry Zone 1 (OB 1H) 3340 – 3350 Entry Zone 2 (OB 1H) 3300 – 3320 Target Supply Zone 3480 – 3500 Invalidation Below 3300 🎯 Trade Idea: Entry: On bullish confirmation at 3340–3350 or deeper at 3300–3320 Stop Loss: Below 3300 (structure break + OB invalidation) Target: 3480–3500 (clean supply zone above) Risk-to-Reward (R:R): ~1:3 to 1:5 depending on entry zone ✅ Confluences Supporting This Setup: ✅ Trendline break + retest setup ✅ Price flipped previous resistance into support ✅ Strong bullish impulse breaking structure ✅ Bullish Order Block + Fair Value Gap (FVG) below price ✅ Clean upside liquidity pool in untested supply zone ✅ Momentum breakout candle confirms buyer strength ⚠️ Invalidation Criteria: Breakdown and 1H close below 3300 invalidates the OB and bullish structure. Be cautious around NFP or Fed-related news, which may spike volatility. 🔁 Potential Scenarios: 📈 Bullish Continuation: Price retests OB (3340–3350), finds support, and rallies directly to 3480–3500. 🔁 Deeper Retracement: Price may wick into the lower OB at 3300–3320 to grab liquidity, then rally. ❌ Invalidation: Breakdown below 3300 = bearish reversal or deeper correction incoming. 📘 Summary Table: Parameter Value Bias Bullish Entry Zone(s) 3340–3350 (primary), 3300–3320 Stop Loss Below 3300 Take Profit 3480–3500 Strategy Trendline Break + OB Retest + Imbalance Confluences Break of Structure, Demand Zones, FVG, Trendline Break
OANDA:XAUUSDLong
by Trade_With_Niraj
4
20% TechnoFunda IdeaFundamental: The company has shown a good profit growth of 42.63% for the Past 3 years. The company has shown a good revenue growth of 18.61% for the Past 3 years. The Company has been maintaining an effective average operating margins of 45.17% in the last 5 years. Company's PEG ratio is 0.56. Technical: Its a Type 2 Trade with the marking of Wave 4c,its all set for a Wave 5 rally. Formation of a Bullish Pennant is there with a support on its 200 Dma. A positive close above 297 (SL290) will trigger a BUY for a target of 340-360 levels.
NSE:JSWINFRALong
by nakuna
OSZAR »