Nifty spot 24252 Daily Chart - Weekly UpdateNifty spot 24252 Daily Chart - Weekly Update
- *Nifty closed low by 0.46% below last week level*
- Support Zone 23625 to 24175 for Nifty Index
- Resistance Zone 24350 to 24950 for Nifty Index
- Resistance Trendline maintains weight to cross for Nifty
- Nifty acting way too timid then a fairly stronger Bank Nifty
Bearish Trend Line
US100 | Retracement Into Supply Before Potential Continuation LoNASDAQ is currently pushing into a key supply zone around 24,700 – 24,760 after a strong recovery from the recent lows. This move appears to be a corrective pullback within the broader bearish structure.
The highlighted supply area previously acted as a distribution region, making it a high-probability reaction zone for sellers.
If price reaches this zone and shows rejection, we could see the formation of a lower high, leading to a continuation toward the downside.
Projected scenario:
• Price
XAUUSD (Gold) | BULLISH VS BEARISH LEVEL | 4th Feb'2026Gold remains bullish above 5,015–4,995, which is the major demand zone and key trend support. Intraday pullbacks toward 5,030–5,050 can offer buy-on-dips opportunities as long as price holds above this base.
On the upside, 5,090–5,100 is the immediate supply zone. A sustained breakout above 5,100 can accelerate momentum toward 5,125–5,160 and further to 5,200. Only a decisive hourly close below 4,995 would weaken the bullish structure and open downside toward 4,960–4,920.
Market Bias: Bullish
Gold (XAU/USD) 4-Hour Chart Analysis1. The chart shows an uptrend with a clearly drawn trendline acting as dynamic support.
2. Price has consistently bounced from this trendline, confirming its reliability.
3. Recently, price has **broken below the trendline**, indicating a potential trend reversal or correction.
4. A retest of the trendline as resistance is observed, which is crucial for confirming a further downtrend.
5. There is a spike in volume during the breakdown, which suggests strong selling pressure.
6. The failure to re
NIFTY Pattern (POLE and Flag Pattern) 24900/243501. If Nifty successfully crosses the 24680/690 level then the coming targets will be 24855 and 24980 as per Pole and Flag pattern
2. But if it fails (POLE and Flag pattern Failed) and the Nifty breaks below 24590/570, then the coming targets will be 24370 and 24280.
Advice:
1. If you are doing future then take the option as hedge.
2. If you are doing Option selling, take option buying as hedge.
3. Naked option buyers please take both CALL and PUT for safer side.(So, your total will be more th
Nifty.23300 on the cards??Nifty closed right at an important support.
Now the likelihood of Nifty pulling back to 200 DMA( around 23550 range) and 23300 level is high. 23300 region have a trendline support as well, if we did not get any reversal from there and the trendline is broken then possibility of Nifty going to 21800 will increase.
As of now, no point in attempting to find reversal. No point in assuming levels. We could very well get a reversal from current level or a pull back to 200 DMA. No telling right
Diverse Trading Strategies for UGRO Capital LtdUGRO Capital Ltd is currently exhibiting a symmetrical triangle pattern, characterized by converging trend lines drawn in black. This technical formation is indicative of a potential continuation or reversal pattern, often signaling an impending breakout, either upward or downward.
Within this chart pattern, the upper trend line serves as a short-term resistance zone, while the price action has encountered difficulties in surpassing this level. A counter-trendline, represented by a dotted blac
Silver (XAGUSD) : M-Pattern completion On a weekly chart, we can see a beautiful M-Structure. Now to complete the M-structure, the price needs to rebound to the neck line and possibly get rejection from the neckline as a resistance and start it move downward.
Keep an eyes on the price action.
Do your own research before taking any trade.
Bitcoin Bullish Projection with Bearish RidesAs Per 2-hr. chart Analysis,
#Bitcoin here moving Perfectly #Bullish but after taking some #Bearish Bumpy Rides of $4-5k to $8-9k bumpy divergence rides, that were creating a major liquidations into market in every 2-3 days with majority of both positionings of Long & Short.
as per Bullish signal trend, next movements of Uptrend starts soon in coming week towards $75k-77k, while at $74k , their will be majority of CRYPTOCAP:BTC trading funds liquidations again....
Anyways,
#DYOR and Trade wi
Nifty SmallCap under selling pressure1) Nifty SmallCap Index is under strong selling pressure.
2) Index may fall further 3.25% in the upcoming days.
3) 14900 will act as a good support area.
4) Time to cut positions from SmallCap stocks and move to cash.
5) If the Index breaks 14900 again, This will lead to another 4% fall.
GIFT NIFTY : A Big Fall is on the way ??Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Possible Broadening Pattern
📌 Symbol/Asset: GIFT NIFTY
🔍 Description: Gift Nifty is might be making Broadening Pattern and we can see support around 21100-21200 range
Then Index can bounce upto 22300-22500 levels.
And Finally if Resistance is not broken then we can see huge fall of 2000-2500 points !!
Keep Tracking so we can see other possibilities and patterns which are in making
👉 Disclosure: We are not SEBI registered analysts, this is n
18 Aug ’23 Post Mortem on Nifty - 19309 support breached 🐻🐻🐻There was only 1 goal for the bears today, to close the markets below 19309. Somehow they got it done today which means we are in for a bear ride next week. Let me try to explain.
We opened right at the 19309 level and then fell to 19258 levels by 10.45 in a show of strength by the bears. From there there was a reversal till 12.00 where we re-touched the 19309 SR zone.
Leg 2 of fall was from 12.00 to 13.40 where we managed to re-test the 19258 levels. I was monitoring very closely to see if we
Breaking Through Boundaries: Is Bitcoin Set to Soar to $29K?Prepare yourself for the storm that looms on the horizon! Bitcoin, the enigmatic cryptocurrency that has enthralled investors, appears to be on the brink of a momentous bearish breakthrough. In this gripping analysis, we delve into the eerie calm before the storm, exploring the signs that foretell an imminent downturn. Get ready to have your beliefs shaken as we reveal why Bitcoin's price could be on the verge of a jaw-dropping descent.
owntrend Despite SEC Approval
The SEC's decision to appro
What we see by analyzing the pharma index with 2 theories.Hey.. What do we get if we analyse one chart with two different theories ?
Is it a good idea ?
We use different techniques and methods to analyse a chart.
Some traders use chart patterns, some use moving averages and others use any other technique.
We all did the analysis to determine the trend of that instrument.
What if we use two different theories for the analysis ?
It will give us a more accurate view for that instrument.
Lets check the analysis Nifty Pharma Index Daily Chart by 2 differ
How to Draw Trendlines and Their ImportanceHi,
In this idea I will try to throw some light upon the traders' favorite tool, that is trendlines (also known as dynamic support and resistance). Trendlines represent the direction of trend- up or down. They also indicate the strength of the trend. Steeper trendlines means more momentum than a less steeper trendline.
The following discussion would focus mainly upon:
✅How to draw trendlines &
✅Importance of trendlines
Let us discuss these topics one by one.
✅How to draw a trendline?
For dr























