Weaker USD and gold impact market trends.Despite softer-than-expected U.S. inflation data, Gold failed to attract sustained buying interest. The decline in CPI briefly pressured the U.S. Dollar, but the broader market reaction suggests investors remain cautious rather than aggressively shifting into safe-haven assets. Treasury yields have not declined enough to trigger a meaningful reallocation of capital toward Gold, while expectations surrounding future Federal Reserve policy remain largely unchanged. Today's PPI release and comments from Fed officials could provide additional direction, but for now, institutional flows continue to favor confirmation over anticipation.
From a technical perspective, Gold remains confined beneath a well-defined descending trendline on the H4 timeframe. Yesterday's recovery failed to produce a decisive breakout, highlighting that sellers continue to defend the upper resistance zone around 407x, where the descending trendline converges with Fibonacci retracement and previous demand turned resistance. While the Dollar has softened, Gold has not responded with the strength typically associated with a bullish reversal, suggesting buying momentum remains limited.
As long as price continues trading below this confluence resistance, the broader bearish structure remains intact. A recovery toward 406x–407x could provide another opportunity for sellers if bearish rejection develops. On the downside, the 396x support area remains the next major liquidity target should downside momentum resume.
PRIMARY SCENARIO
Gold may extend its recovery toward 406x–407x.
Bearish rejection from the descending trendline could reinforce selling pressure.
A move back toward 396x remains the preferred scenario while resistance holds.
ALTERNATIVE SCENARIO
A decisive H4 close above the descending trendline and the 407x resistance zone could invalidate the current bearish bias and open the door for a broader recovery toward the next resistance area.
MARKET VIEW
Current Bias: Bearish
Preferred Strategy: Sell the Rally
Key Resistance: 406x–407x
Key Support: 396x
Chart Patterns
Aegis Logistics Weekly BreakoutSubject: Aegis Logistics Weekly Breakout 🚀 | Entering a New Bullish Zone
Chart View: Weekly (NSE: AEGISLOG)
Aegis Logistics has delivered a strong breakout above the key resistance zone around ₹1,040–₹1,050 after a long consolidation phase. The stock has shown aggressive bullish momentum with a strong price expansion, indicating fresh buying interest.
📈 Trade Setup (Swing / Positional)
Entry Zone: ₹1,050–₹1,080 (or on a retest near ₹1,040)
Target 1: ₹1,200
Target 2: ₹1,350
Target 3: ₹1,500 (major breakout projection)
Stop Loss: ₹980 (Weekly closing basis)
My View:
In my analysis, AEGISLOG has entered a fresh bullish phase after a clean breakout from a long consolidation range. The recent rally has been sharp, so short-term consolidation is possible. I remain positive as long as the stock holds above the ₹1,040 breakout level.
Head And Shoulders - Bearish Continuation Overview
The Head and Shoulders pattern is one of the most recognized bearish reversal formations in technical analysis. In this chart, price has formed a Left Shoulder, a higher Head, and a Right Shoulder before breaking below the neckline. The current structure suggests that sellers have gained momentum, while a possible retest of the neckline could provide additional confirmation if the pattern remains valid.
___________________________________________________________
Definition
A Head and Shoulders pattern is a price formation consisting of three peaks:
Left Shoulder : The first peak followed by a pullback.
Head : A higher peak followed by another decline.
Right Shoulder : A lower peak that fails to exceed the head.
Neckline : A support line connecting the swing lows. A close below this level is commonly viewed as confirmation of the pattern.
___________________________________________________________
Key Points
• Price formed a clear Left Shoulder, Head, and Right Shoulder.
• The neckline acted as an important support level before the breakdown.
• A close below the neckline increases the probability of continued bearish momentum.
• Price may revisit the neckline before deciding its next directional move.
• A sustained move back above the neckline may weaken the current bearish structure.
___________________________________________________________
Chart Explanation
• The Left Shoulder marked the first attempt by buyers before a pullback.
• Buyers pushed price to a new high, creating the Head.
• The Right Shoulder formed with a lower high, indicating reduced buying strength.
• Price then broke below the neckline, suggesting that sellers gained control.
• The illustrated path shows one possible scenario where price retests the neckline before continuing lower. This projection is for educational purposes and is not a prediction of future price movement.
___________________________________________________________
Summary
The current chart displays a completed Head and Shoulders pattern with a neckline breakdown. As long as price remains below the neckline, the bearish structure remains intact. Market participants may watch future price action around the neckline for additional confirmation or signs of invalidation.
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Why It Matters
• Recognizing chart patterns can help identify potential trend changes.
• It helps traders understand shifts in market sentiment.
• It highlights important technical levels for planning entries, exits, and risk management.
• Waiting for confirmation may reduce the likelihood of acting on false signals..
___________________________________________________________
Conclusion
This chart highlights a classic Head and Shoulders structure followed by a neckline breakdown. Whether the market continues lower or invalidates the setup will depend on future price action. As with any technical pattern, confirmation and proper risk management are essential before making trading decisions.
___________________________________________________________
Disclaimer
📘 For educational purposes only.
🙅 Not SEBI registered.
❌ Not a buy/sell recommendation.
🧠 Purely a learning resource.
📊 Not Financial Advice
LALPATHLAB : A Trendline BreakoutDr. LAL PATHLABS showing a trendline breakout on this levels.. Volume Breakout also supporting the same theory.. so one can make the position on this levels.
All data is available in public domain..
CMP : 1775
TG : 2680
SL : Below 21 EMA
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery .
3: Technical : 21/55/200-EMA, Super trend up, RS>0 RSI.
4: Fundamental : PE, PAT, Industry & peer PE and sector performance.
5: Timing : Entry Timing on Daily chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk .
Please consult your financial adviser before taking any decision.
Disclosure : Holding
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Roundbottom breakout in INDIANHUME
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance breakout in LANDMARK
BUY TODAY SELL TOMORROW for 5%
SBICARD | Testing a Major Weekly Demand ZoneAfter a prolonged decline, SBICARD is approaching a key demand zone that has historically attracted buyers. The stock is trading near multi-year support while the weekly RSI sits in oversold territory, creating conditions for a potential relief rally.
Key Levels
🔹 Support: ~590
🔹 Major Support: ~500
Upside Targets
🎯653 → 700 → 796
What Makes This Interesting?
• Price is near a strong historical demand area.
• Weekly RSI is deeply oversold.
• Risk-reward improves significantly near support.
• Any bullish reversal with volume could trigger a recovery move.
Risk
A sustained weekly close below ₹590 would weaken the bullish setup and increase the probability of a move toward ₹500.
Outlook
The trend remains weak, so confirmation is still needed. However, if buyers defend the current zone, SBICARD could offer an attractive mean-reversion opportunity with ₹653, ₹700, and ₹796 as the next key levels to watch.
Not financial advice. Manage risk accordingly.
Gujarat Fluorochemicals Ltd. (NSE: FLUOROCHEM)🏆 Stock Setup of the Day | Gujarat Fluorochemicals Ltd. (NSE: FLUOROCHEM)
📈 Timeframe: Weekly Chart
🚀 Fresh Breakout Into a Major Resistance Zone
Gujarat Fluorochemicals has staged an impressive recovery from the February 2026 lows and has now broken above a key resistance level around ₹4,000, indicating renewed bullish momentum.
🔹 Current Price: ₹4,082
🔹 Breakout Level: ₹4,000
🔹 Major Target Zone: ₹5,250
🔹 Potential Upside: ~22%
📊 Technical View
✅ Strong weekly breakout with bullish price structure
✅ Higher Highs & Higher Lows confirm an uptrend
✅ Price has reclaimed an important resistance after a prolonged consolidation
✅ Momentum remains positive while price sustains above the breakout zone
👀 Key Levels to Watch
🟢 Support: ₹4,000–₹3,950
🎯 Target Zone: ₹5,200–₹5,250
📌 A sustained move above ₹4,000 could keep the medium-term trend firmly bullish. Watching for follow-through buying in the coming weeks.
⚠️ Disclaimer: This is purely a technical chart analysis for educational purposes and should not be considered as investment or trading advice. Please do your own research and follow proper risk management.
🔥 Follow the channel for daily high-probability breakout setups and technical analysis.
$PENDLE Is Printing The Kind Of HTF Structure That Smart Money WCRYPTOCAP:PENDLE Is Printing The Kind Of HTF Structure That Smart Money Watches - Not Retail.
After An 87% Reset From Its Cycle High, Price Is Rebuilding Inside A HTF Accumulation Range Rather Than Continuing Lower.
Key Levels On My Radar:
▶️ Weekly Bullish Order Block Successfully Tested
▶️ Rounded Accumulation Structure Still Intact
▶️ $2.201 = Weekly Market Structure Shift (Confirmation)
▶️ Until Then, Patience > Prediction
If Bulls Reclaim $2.201, The Probability Of A New Expansion Leg Increases Significantly.
My HTF Roadmap: $3 → $6 → $15
The Best Asymmetric Trades Are Usually Built During Quiet Accumulation, Not After The Crowd Starts Chasing.
TA Only. NFA. Risk Management Always Comes First.
#PENDLE
MEESHO READY TO FALL DISTRIBUTION STARTEDstock is in downtrend with immense selling pressure
traders should avoid this from trading perspective and investors need not to touch at these valuations
lack of buyers interest causes no demand in the market, slight pullback to upside doesnt mean new buying opportunity
Gold Structure stays bearishWhere we are: Gold is at 4,030, down about 0.5% on the day, sitting right on the daily support at 3,999 and inside the bottom of the weekly demand shelf.
The inflation report was softer than expected across every line. Core MoM printed 0% against a 0.2% forecast. Core YoY came in at 2.6% versus 2.8% expected. Headline MoM was -0.4% and headline YoY dropped to 3.5% from 4.2%. That is a clean disinflation print. On paper that is fuel for gold.
Gold sold off instead. When a market gets the news it wanted and still falls, that tells you sellers are in control regardless of the story. That is not a small detail. It means the bounce we were watching for off the demand shelf did not get the follow-through it needed, even with the perfect setup handed to it.
Intermarket
The macro read got worse again. The driver split is now 100% bearish, 0% bullish, 0% neutral. Every single driver on the panel is against gold. Real yields at 2.36% and rising, dollar at 100.82 and rising, breakevens falling, gold/silver rising, miners underperforming, gold in euro terms falling, and gold versus the S&P falling. There is nothing left on the bull side of the ledger.
That is the answer to why soft CPI did not help. Yields and the dollar did not care. Until those two turn, gold is swimming against the current no matter what the inflation data says. The only mild positive left is the forward 20-bar probability at 51.8%, which is basically a coin flip.
Daily
Structure stays bearish, lower high and lower low. Resistance sits far above at 4,180 and support is right here at 3,999, less than 1% away. Price is inside the weekly demand zone at 4,059 to 3,884, but it is now leaning on the lower half of it rather than bouncing from the top.
The trendline chart is the one worth studying today. Price is sitting right on the long-term rising support line that has held since the move started, and it has already touched it nine times. Above it, the descending resistance line from the February high keeps capping every rally. Those two lines are closing in on each other, and price is being squeezed between them. A trendline tested nine times is not a strong line, it is a tired one. Each touch takes a little more out of it.
H4
Bearish structure, lower high and lower low. Resistance is now 4,076, only about 1% up, and support is 3,993. Look how that ceiling keeps dropping. Last week it was 4,120. Now it is 4,076. Lower resistance on every attempt is the market telling you sellers are getting more aggressive, not less.
Price is jammed under supply at 4,046 to 4,076, with more stacked at 4,096 to 4,131 and 4,178 to 4,195 above that. There is a small fresh demand zone right at 4,014 to 4,034 that price is standing on right now. That is the last shelf before 3,993.
The 4H multi-timeframe read is nearly all red: 15m, 4H, 1D, and 1W all bearish, with only the 1H holding a bullish lean. That single green box is the entire bull case right now.
Today's Data
PPI at 18:00 is forecast at 0%, cooling hard from a 1.1% prior. Another soft inflation reading. But watch what happens, because yesterday proved soft data alone is not enough to lift gold. If PPI comes in soft and gold still cannot rally, that is confirmation that sellers own this market and the demand shelf is likely to break.
Warsh testifies again at 19:30. If his tone leans firm on rates, the dollar and yields go up and gold has no cushion left.
Bottom Line
Gold got the soft CPI it needed and could not rally. That is the read of the week. The macro is 100% bearish, structure is bearish on every timeframe but one, resistance keeps stepping lower, and price is now leaning on the bottom of the weekly demand shelf instead of bouncing off the top.
The 3,999 to 3,884 zone is the last line, and it is looking weaker than it did on Monday. Lose 3,884 on a daily close and there is very little between here and the monthly demand at 3,453. That is a wide gap and the move can come fast.
For the bounce case, you now need more than a soft number. You need to see price reclaim 4,076, then 4,131, with real volume behind it. Until that happens, treat every push up into 4,046 to 4,076 as a place where sellers are waiting, with the descending trendline backing them up.
The plan: sellers have the evidence on their side, so rallies into supply are the cleaner trades. Longs need to wait for proof, not hope.
IOL Chemicals & Pharmaceuticals-Near a Multi-Year Breakout Zone
IOL Chemicals & Pharmaceuticals is trading near its highest level since 2020—effectively a nearly six-year high. The stock has moved above the ₹143–145 resistance zone and is now approaching the major historical resistance area around ₹180–182.
Technical observations
Price is trading above its key moving averages.
Weekly volume has started expanding during the recent advance.
Price action near the highs is relatively tight, indicating limited immediate selling pressure.
RSI is rising, reflecting improving momentum.
The broader Chemicals Index is near its all-time high and continues to maintain a higher-high, higher-low structure.
The Pharma sector is also holding up reasonably well.
A decisive weekly breakout and sustained close above the ₹180–182 zone could indicate a transition into a stronger Stage 2 advancing phase. Until that happens, the stock remains close to major historical resistance, so the breakout should not be anticipated blindly.
Key risks
The stock has moved sharply and is currently significantly extended from its 50-day moving average. This increases the possibility of a sudden pullback, volatility, or time-wise consolidation—even if the broader structure remains constructive.
Other risks include:
Ongoing geopolitical tensions and market-wide volatility
Sentiment-driven selling in small-cap stocks
Failed breakout or rejection near the historical resistance zone
Poor risk-to-reward for late entries after a steep vertical move
This post is intended only for studying price structure, volume behaviour, sector strength and stage analysis. It is not a trade recommendation and contains no suggested entry, target or stop-loss.
Do your own research, understand the business and assess the risks before taking any decision. I am not a SEBI-registered research analyst. Consult a qualified financial adviser where necessary.
HFCL Limited (1W): Decoding the 2,700%+ Macro Rally & SM InflowOverview: HFCL Limited (NSE: HFCL) is displaying absolute dominance on the weekly (1W) timeframe. The stock is currently in a powerful, parabolic uptrend, trading near the ₹223 zone. This isn't just a technical rally; it is heavily backed by a massive influx of institutional capital, making it a prime candidate for momentum and trend traders.
Fundamental Catalyst (The "Smart Money" Factor):
The most striking element of this setup is the massive surge in Foreign Institutional Investor (FII) interest. As noted on the chart, HFCL appeared on the "14 FII Standouts" screener.
FII Holdings have more than doubled, jumping from 7.1% in March 2026 to a staggering 15.7% in June 2026 (QnQ).
Major New Entrants include heavyweight funds like BNP Paribas Financial Markets, Quadrature Capital Vector Sp Limited, and Smallcap World Fund, Inc. This kind of institutional accumulation provides immense structural support to the ongoing rally.
Key Technical Observations:
Macro Breakouts: The stock has successfully cleared multiple historical resistance ceilings, most notably breaching the ₹61.80 and ₹170.76 levels. It has recently pushed past the ₹221.48 mark, marking an extraordinary multi-year climb from its absolute bottom (a 2,700%+ structural move).
Moving Average Ribbon: The price is trading significantly above its primary weekly MA Ribbon (with the closest band at ₹157.12 and the deepest at ₹91.35). While this confirms an incredibly strong bullish trend, the wide separation also suggests the price is highly extended.
Overbought RSI: The weekly RSI is currently sitting high at 86.09 (above its MA of 84.01). While an RSI this high indicates extreme buyer enthusiasm and momentum, it also warrants caution for a potential short-term cooling off or sideways consolidation before the next leg up.
Key Levels to Watch:
Immediate Resistance: The recent swing high of ₹229.50. A weekly close above this opens the door to the psychological ₹250.00 level.
Immediate Support: The recent breakout zone at ₹221.48.
Macro Support: If a deeper mean-reversion occurs, the ₹170.76 structural level and the top of the MA ribbon (₹157.12) will act as major demand zones.
Conclusion:
The trend is your friend, and HFCL's trend is undeniably up. The aggressive FII buying justifies the premium valuation and the parabolic technical structure. For existing holders, trailing stop-losses below key weekly lows makes sense. For new entries, chasing here carries risk due to the overbought RSI; waiting for a slight retracement or a flag consolidation might offer a safer risk-to-reward ratio.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Please do your own research and manage your risk accordingly.
KSSMART: Massive FII Entry & Deep Retracement – A Hidden Setup?Overview: KS Smart Technologies Ltd (BSE: KSSMART) has experienced extreme volatility recently, going through a parabolic rally followed by a deep retracement. After hitting an All-Time High (ATH) of ₹290.95, the stock has corrected significantly and is currently trading around the ₹135.00 zone. However, a major fundamental catalyst combined with key support levels makes this an interesting chart to watch.
Fundamental Catalyst (The "Smart Money" Factor):
A critical detail driving the macro narrative is the significant institutional interest. KSSMART recently appeared on the "14 FII Standouts (50% to 400% Rally) Screener." More importantly, the Vikasa India EIF I Fund has entered with a massive 8.53% stake (14,000,000 shares) as of the March 2026 quarter. This strong Foreign Institutional Investor (FII) backing suggests long-term conviction despite the recent price correction.
Key Technical Observations:
Historical Breakouts: The chart clearly defines two massive structural breakouts. The "1st Major Breakout" occurred near ₹38.70, and the "2nd Major Breakout" happened at ₹99.10. Both levels serve as powerful historical reference points.
Current Price Action & Moving Averages: The stock has pulled back below its primary Moving Average Ribbon (which currently ranges from ₹140 to ₹179). The price is actively consolidating near the ₹135 level. To regain a strong bullish trend, the price will need to reclaim and close above this MA ribbon.
RSI Divergence / Recovery: The RSI on the daily timeframe is currently sitting at 41.32, having recently crossed above its RSI-based moving average (33.45). This indicates that the bearish momentum is cooling off, and we may be seeing early signs of a base forming.
Key Levels to Watch:
Immediate Resistance: The bottom of the MA ribbon at ₹140.36, followed by the heavier overhead resistance zone between ₹165 - ₹180.
Macro Target: The All-Time High at ₹290.95.
Critical Support: The ₹130 level is providing immediate support, but the ultimate macro support sits at the "2nd Major Breakout" line of ₹99.10. A breakdown below ₹99 would invalidate the broader bullish structure.
Conclusion:
KSSMART is currently in a "show me" phase. The deep pullback has washed out weak hands, bringing the price back to a more reasonable valuation following its 190%+ rally. With heavy FII backing, this zone between ₹100 and ₹135 could act as a significant accumulation area. Watch for a strong volume breakout above the ₹140 moving average to confirm the next leg up.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Please manage your risk and position sizing carefully.
GOLD requires breakout to confirm next rally.After yesterday's sharp decline following the CPI release, gold has found buying interest again around the 4010–4025 support zone. Although the short-term trend remains constructive, price is now trading beneath a key resistance area, suggesting that buyers still need confirmation before a stronger recovery can develop.
On the H1 timeframe, gold is attempting to build a higher low after defending the breakout support. However, bullish momentum will only strengthen if price successfully breaks above the nearby resistance and attracts fresh buying pressure. Until then, the market is likely to remain in a consolidation phase with two-way volatility.
📍 Key Levels:
🔹 4010 – 4025
Key support and preferred buying zone.
🔹 4080 – 4100
First resistance. A breakout would confirm bullish continuation.
🔹 4130 – 4145
Major upside target and higher-timeframe resistance.
🔹 3980 – 3995
Critical support if buyers fail to defend the current structure.
✅ Preferred Scenario:
✔️ Gold continues holding above 4010–4025, maintaining the short-term bullish structure.
✔️ A confirmed breakout above 4080–4100 would increase the probability of an extension toward 4130–4145.
✔️ If resistance rejects price once again, gold may revisit the support zone before attempting another breakout.
$RISHABH: Strong Trendline Breakout & Bullish MomentumOverview: Rishabh Instruments (NSE: RISHABH) has shown a remarkable recovery and is currently riding a strong bullish wave on the daily (1D) timeframe. After a prolonged downtrend and a significant gap-down phase, the stock has successfully reversed its trajectory and is now trading near the ₹660 level, demonstrating solid buyer interest.
Key Technical Observations:
Trendline Breakout: The price action has broken out of the primary descending resistance line, shifting the market structure from bearish to bullish. It is currently respecting a steep, ascending support trendline.
Gap Fill Completed: The significant gap created during the previous downtrend (around the ₹400-₹450 zone) has been successfully filled, and the stock used that momentum to continue its upward rally.
RSI Strength: The Relative Strength Index (RSI) is currently hovering around 68.94, staying above its moving average (67.65). This indicates strong bullish momentum without being extremely overbought yet, leaving room for further upside.
Approaching Key Resistance: The stock is steadily approaching the prior swing high and its 52-week high of ₹692.80. A decisive daily close above this level could trigger the next major leg up.
Key Levels to Watch:
Immediate Resistance / Target: ₹692.80 (Previous High)
Immediate Support: The ascending trendline and the psychological ₹600 level.
Conclusion:
The setup looks promising for trend-followers. As long as the price maintains its structure above the ascending trendline, the bullish thesis remains intact.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Please do your own research and manage your risk before taking any trades.
DIVISLAB : Running Converging Triangle (ABCDE) Breakout !!!After a strong impulsive rally, DIVISLAB spent several months consolidating in a Running Converging Triangle (A-B-C-D-E).
🔍 Structure Breakdown:
A: Sharp corrective decline after the previous uptrend.
B: Strong recovery, creating the first lower high.
C: Pullback that respected the major demand zone.
D: Another rally, but failed to make a new high, confirming contracting resistance.
E: Final retest of support around ₹5,647, completing the triangle.
Throughout the correction, the stock consistently respected the long-term 200 SMA, indicating that the primary trend remained bullish.
✅ Bullish Confirmation
The price has now broken above the triangle's upper trendline, signaling that the consolidation phase is likely over.
As long as the price sustains above the breakout level, the probability favours the beginning of the next impulsive advance.
📌 Key Levels
Breakout: Above the triangle resistance.
Invalidation / Stop Loss: ₹5,647 (Below Wave E).
Trend Support: 200 SMA remains strongly bullish.
🎯 Elliott Wave Perspective
Running Triangles typically appear as Wave 4 or Wave B corrections. Their purpose is to consume time rather than retrace much of the previous trend. Once complete, they are often followed by a strong directional move in the trend's original direction.
If this interpretation is correct, DIVISLAB could be entering its next impulsive bullish wave.
⚠️ This is an educational Elliott Wave analysis, not financial advice. Always manage your risk and wait for confirmation before taking any trade.
#DIVISLAB #ElliottWave #RunningTriangle #TriangleBreakout #SwingTrading #PositionalTrading #StockMarket #NSE #TechnicalAnalysis #TradingView #PriceAction #WaveAnalysis #Investing #ChartAnalysis #TradingView #Forex #PriceAction #NikhilKanal #iElliottician #IndianEW #EWinHindi #XAUUSD #Gold #ElliottWave
Nifty Intraday Outlook 15-07-2026NIFTY 15 Min: Support Under Pressure Near 24,000
NIFTY is trading near 24,035 and testing the important 24,025–24,000 support zone.
The lower timeframe structure is weak after rejection from higher levels. Price is still below the immediate resistance band of around 24150, so bulls need a reclaim above this zone for recovery.
Key Levels
Resistance: 24,150
Major Resistance: 24,240
Upside Target: 24,360
Support: 24,025–24,000
Next Support: 23,940–23,900
Lower Target: 23,800
Trade Plan
Bearish below 24,000
Targets: 23,940 / 23,900 / 23,807
Bullish only above 24,146
Targets: 24,239 / 24,300 / 24,369
Rejection near 24,112–24,146 can again create PE opportunity.
View
NIFTY is not bullish yet.
Below 24,000 → sellers active
Above 24,150 → recovery attempt
Above 24,240 → buyers gain strength
Educational view only. Trade with strict risk management.
#NIFTY Intraday Support and Resistance Levels - 15/07/2026Nifty is expected to open with a slightly gap-up bias. The index is hovering near the crucial 24050 support zone, making today's opening important for determining the next intraday direction. Traders should wait for confirmation before initiating fresh positions, as sustained buying above support can trigger further upside.
The immediate support is placed at 24050–24100. If Nifty sustains above this zone after the slightly gap-up opening, traders can consider long positions with targets of 24150, 24200, and 24250. A decisive breakout above 24250 will confirm fresh bullish momentum and may extend the rally towards 24350, 24400, and 24450+.
On the downside, if Nifty slips below 23950, traders can consider short positions with targets of 23850, 23800, and 23750. A sustained breakdown below 23950 will strengthen the bearish trend and may accelerate the decline toward lower support levels.
Overall, a slightly gap-up opening is expected. As long as Nifty holds above the 24050 support zone, buying on dips remains the preferred strategy. Fresh short positions should only be considered after a confirmed breakdown below 23950, with strict stop-losses and disciplined profit booking at each target level.






















