Long
GOLD AT DOWNTREND LINE – CAN CPI CAUSE BULLISH REVERSAL?Following last week's sharp decline, gold has started to stabilize after holding the key support area around 3980–4000. On the H2 timeframe, price remains within a short-term descending channel, but bearish momentum has weakened as buyers continue to defend the recent lows. This suggests that a technical recovery could develop if support continues to hold.
The market's primary focus today is the U.S. CPI report, one of the most influential economic releases for the Federal Reserve's interest rate outlook. Until the data is released, price action is likely to remain cautious and range-bound. A softer-than-expected CPI could weaken the U.S. dollar, allowing gold to break above the descending trendline and extend its recovery toward higher resistance levels. Conversely, stronger inflation data may strengthen the dollar and renew selling pressure on gold.
📍 Key Levels:
🔹 3980 – 4000
Key short-term support and preferred buying area.
🔹 4040 – 4055
First resistance and the descending trendline breakout zone.
🔹 4065 – 4080
Next upside target if bullish momentum is confirmed.
🔹 3940 – 3960
Major support if the bearish scenario resumes.
✅ Preferred Scenario:
✔️ Gold continues holding above 3980–4000, maintaining the current recovery structure.
✔️ A confirmed breakout above the descending trendline would strengthen bullish momentum and open the way toward 4040–4080.
✔️ However, if CPI surprises to the upside and gold loses the current support zone, price could revisit 3940–3960 before attracting fresh buying interest. 
Long
XAUUSD: Bearish Trendline Continues to Cap Recovery MomentumXAUUSD has bounced off the support zone around 3,960–3,980, but the current rebound is insufficient to alter the bearish structure on the H4 timeframe. Prices remain below the descending trendline—which has repeatedly triggered selling pressure—while the area above is further reinforced by the Ichimoku Cloud and a resistance zone around 4,087–4,094.
Notably, recent highs have been progressively lower. Whenever gold approaches the bearish trendline, buying momentum quickly fades and sellers step back in. This suggests the current rally is likely just a technical rebound following the sharp decline, rather than a confirmed reversal signal.
On the macroeconomic front, gold remains under pressure from the US dollar and US bond yields, which are holding at elevated levels ahead of inflation data. Rising oil prices have also fueled concerns that the Fed may need to maintain a hawkish monetary policy for longer, thereby increasing the opportunity cost of holding gold.
If the price rallies to the 4,087–4,094 range but fails to secure a firm close above the bearish trendline, selling pressure could drive XAUUSD back toward the 3,953.7 level. This is a critical support level and a clear downside target on the chart.
Suggested Strategy: Sell around 4,087–4,094 upon signs of rejection; Take Profit (TP) at 3,953.7; invalidate the trade if the price closes above 4,110 on the H4 timeframe. Short 
Short 
#NIFTY Intraday Support and Resistance Levels - 14/07/2026Nifty is expected to open with a gap-down bias near the 24,000 psychological support zone. Despite the weak opening, the index continues to hold above the key 24050 support area, indicating that buyers may step in if this level sustains. Traders should avoid aggressive positions at the open and wait for confirmation before entering trades.
The immediate support is placed at 24050–24100. If Nifty sustains above this zone after the gap-down 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 this level will indicate renewed selling pressure and may accelerate the downside move.
Overall, a gap-down opening near the 24,000 level 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. NIFTY Intraday Outlook 14-07-2026Nifty Intraday Outlook !
---> The chart shows:
- NIFTY bounced from the lower demand zone near 23,937–24,002.
- Price reclaimed 24,100 and 24,160.
- Now it is consolidating near 24,200–24,220.
- Immediate resistance is visible near 24,258–24,290.
- Buyers are defending dips, but upside breakout is still pending.
---> Current structure:
Demand bounce → recovery consolidation → resistance pending
This means NIFTY is not weak right now, but CE entry should come only above resistance.
______________________________
---> Demand Zones
Immediate support: 24,161–24,150
This is the nearest intraday support. If price holds this zone, recovery remains valid.
Next support: 24,100–24,095
Below this, selling pressure can increase.
Major demand zone: 24,002–23,937
This is the lower demand zone marked on the chart. If NIFTY breaks below 24,100, this zone can again become active.
______________________________
---> Supply Zones
Immediate resistance: 24,258–24,290
This is the key breakout zone.
Target 1 / next resistance: 24,319
Target 2: 24,414
Target 3: 24,473
Until NIFTY sustains above 24,258–24,290, the market may remain range-bound.
______________________________
Intraday Trade Plan — 5 Min to 15 Min
---> CE Plan — Breakout Trade
Buy CE above: 24,260–24,290 with a strong 5-min/15-min candle close.
Targets:
T1: 24,319
T2: 24,414
T3: 24,473
SL: Below breakout candle low or below 24,200
Reason: Above 24,290, NIFTY clears the immediate resistance zone and can continue the recovery toward higher targets.
______________________________
---> CE Plan — Buy on Dip
Buy CE near: 24,160–24,150 only if bullish rejection appears.
Targets:
T1: 24,200
T2: 24,260
T3: 24,290
SL: Below rejection candle low or below 24,130
Reason: This is the nearest support zone. If buyers defend it, price can again attempt breakout.
______________________________
---> PE Plan — Breakdown Trade
Buy PE below: 24,150, safer below 24,100
Targets:
T1: 24,100
T2: 24,000
T3: 23,940
SL: Above breakdown candle high or above 24,190
Reason: Below 24,150/24,100, the recovery structure weakens and sellers can push price back toward the demand zone.
______________________________
Educational Purpose Only #BANKNIFTY Intraday PE & CE Levels(14/07/2026)Bank Nifty is expected to open with a gap-down bias. Despite the weak opening, the index continues to trade above the crucial 58050 support zone, keeping the overall intraday structure positive. Traders should avoid chasing the opening move and wait for confirmation before entering fresh positions.
The immediate support is placed at 58050–58100. If Bank Nifty sustains above this zone and attracts buying interest, traders can consider CE positions with targets of 58250, 58350, and 58450. A decisive breakout above 58550 will confirm fresh bullish momentum and may extend the rally towards 58750, 58850, and 58950+.
On the downside, if Bank Nifty slips below 57950–57900, traders can consider PE positions with targets of 57750, 57650, and 57550. A sustained breakdown below 57450 will strengthen the bearish trend and may push the index towards 57250, 57150, and 57050.
Overall, a gap-down opening is expected. As long as Bank Nifty holds above the 58050 support zone, buying on dips remains the preferred strategy. Fresh short positions should only be considered after a confirmed breakdown below 57950, with strict stop-losses and disciplined profit booking at each target level. 
Long
XAUUSD: Long-term trend line continues to exert pressureFollowing a brief rebound late last week, XAUUSD once again approached the downtrend line extending from late June but failed to achieve a breakout. Prices quickly reversed and are currently hovering just above the short-term support zone around 4,058, indicating cautious buying sentiment ahead of a series of key US economic data releases this week.
Fundamentally, the market favors holding the USD as US bond yields remain elevated and investors await the CPI report and fresh signals from the Federal Reserve. Reuters also notes that the dollar continues to be supported by expectations that interest rates will remain higher for longer, prompting a temporary shift of capital away from non-yielding assets like gold.
On the H4 timeframe, the price remains below the downtrend line and has yet to clear the 4,058–4,080 resistance zone. This area also represents an Ichimoku convergence point, raising the likelihood of another rejection. Should selling pressure persist in this zone, XAUUSD could break through the nearest support level and extend its decline toward the 3,965 area.
Entry: Sell around 4,058–4,080 upon a rejection signal.
TP: 3,965
SL: Above 4,100 Short 
DIVISLAB (Daily Chart) – Technical AnalysisDIVISLAB (Daily Chart) – Technical Analysis
The chart shows a strong uptrend with a successful pullback and continuation towards a fresh breakout.
1. Overall Trend – Bullish ✅
The stock has formed a higher high and higher low structure after making a swing low near ₹5,654.
Buyers have consistently defended every correction.
Price is now trading around ₹6,938, very close to its previous swing high of ₹6,980–7,000.
2. Fibonacci Retracement Worked Perfectly
After the rally from ₹5,654 to ₹6,980, the stock corrected.
The Fibonacci levels are:
38.2%: ₹6,471
50%: ₹6,315
61.8%: ₹6,170
The correction stopped almost exactly at the 38.2% retracement (₹6,471).
Interpretation:
A shallow correction (38.2%) indicates strong buying interest.
Strong stocks generally don't fall to the 50% or 61.8% retracement before resuming the trend.
3. Support Held at 38.2%
The green arrow marks where buyers entered.
Price:
Tested support.
Formed a bullish reversal.
Resumed the uptrend.
This confirms that institutions were accumulating around this level.
4. Previous Resistance Being Retested
The pink arrow highlights the previous high around ₹6,980–7,000.
This is an important resistance zone.
If price closes above this level with strong volume, it would confirm a fresh breakout.
5. Volume Analysis
Volume expanded during the rally from April.
During the pullback, selling volume remained controlled.
Recent rise is again supported by improving volume.
This suggests healthy participation from buyers.
Conclusion
✅ Primary trend is bullish.
✅ The stock respected the 38.2% Fibonacci retracement, a sign of strength.
✅ Higher highs and higher lows remain intact.
✅ A decisive close above ₹7,000 can trigger the next leg of the uptrend.
⚠️ As long as the stock holds above ₹6,470, the bullish structure remains intact.
Technical View: Bullish with a Breakout Watch – Keep DIVISLAB on your watchlist for a confirmed breakout above ₹7,000 accompanied by strong volume.
Long
Short 
BEFORE YOU BUY GOLD... READ THISYesterday, the market completely invalidated the key support zone that I shared, which was between $4093 and $4116. Instead of respecting that support, Gold opened with a gap-down below the zone. As a result, what was supposed to be a strong support area immediately turned into a strong resistance.
Overall, anyone who was holding buy positions from last week's lows, especially traders who were using $4000 as their stop-loss level, got trapped badly on Monday. We witnessed a very aggressive sell-off throughout the session. Looking at that price action, I don't believe Gold is ready for a meaningful recovery just yet. Instead, I expect the market to continue attracting small buyers before extending its bearish move.
Gold has been holding above the $3950 support area for some time now, but I believe that level is likely to break in the coming sessions.
For me, the trading plan remains very simple. As long as Gold stays below $4055, I will continue looking for selling opportunities on every rally because I believe the market's primary objective is still to trap buyers.
The market tried several times to hold above the important $4055 to $4080 support zone, but every recovery attempt failed. Yesterday's sharp decline confirmed that buyers currently lack the strength to regain control. More importantly, it suggests that institutional players are not interested in supporting a short-term bullish trend. Instead, their focus appears to be pushing the market lower while trapping every new buyer entering too early.
Now let's discuss my short and simple trading plan for Tuesday.
Considering yesterday's aggressive sell-off and respecting the current price action, I don't expect Gold to suddenly recover and begin a strong bullish rally. If that happens, it would represent a complete manipulation move rather than a healthy price action recovery.
From both a psychological and price action perspective, my expectation is slightly different.
Right now, Gold is fluctuating around the $4000 level, creating confusion between buyers and sellers. Yesterday's aggressive decline has changed market sentiment significantly. Whenever the market makes such a large impulsive move, it rarely continues moving aggressively in the same direction immediately afterward. Instead, it usually spends some time creating liquidity before the next major move begins.
Because of that, I expect Gold to show a limited upside correction first. The purpose of this move would likely be to trap the sellers who entered near yesterday's closing prices while simultaneously attracting fresh buyers back into the market.
Notice that Gold only briefly broke below $4000 before quickly recovering back above it. That temporary breakdown likely convinced many traders that the downside move had ended, encouraging them to enter fresh buy positions once the price reclaimed $4000.
In my opinion, Gold may extend this recovery toward the $4030 to $4040 area. However, I believe that move will simply create another selling opportunity before the market reverses lower once again. My expectation is that Gold will eventually move back below $4000 after that temporary recovery.
This entire trading plan is based purely on price action and market psychology.
I hope you found today's analysis logical and helpful. Wishing everyone the very best for Tuesday's trading session. Trade patiently, manage your risk carefully, and let the market come to your levels instead of chasing price.
By the way, what's your trading plan for Gold this Tuesday?
Let me know your view in the comments.
XAUUSD — 4,092 Broke the Door XAUUSD — 4,092 Broke the Door
Gold started the new week with that heavy feeling again, like Friday’s recovery never really convinced the market.
Price tried to breathe above the lower FVG, but once it failed to hold around 4,092.295, the chart started telling a different story. That level was not just a random line. It was the area buyers needed to protect if the short-term recovery wanted to stay alive. Instead, gold slipped back below it, and now price is pressing into the lower imbalance zone around 4,040 - 4,060.
For newer traders, this is where the structure becomes important. When price returns into an FVG but cannot bounce strongly, that zone can stop looking like demand and start acting like a weak floor. The market taps it, pauses for a moment, then if buyers do not show real strength, sellers often use that pause to continue hunting lower liquidity.
That is why my main view is bearish while gold stays below 4,092.295. The wider backdrop also supports pressure, with price still trading under the short-term moving average and momentum readings not showing strong buyer control yet. Add the stronger USD reaction and renewed geopolitical tension, and the chart has a reason to keep selling rallies instead of trusting every bounce.
The next area I am watching is 4,021.815. If gold reaches that level and only gives a weak reaction, the bigger downside magnet becomes 3,942.100, where deeper sell-side liquidity is still waiting.
This bearish idea only becomes weaker if gold can reclaim 4,092.295 and then push back above the upper FVG around 4,130 - 4,140. Until then, I see the market as hunting lower, not recovering cleanly.
Key price zones to watch
Current reaction area: 4,040 - 4,060
Main supply / failed recovery zone: 4,092.295
Bearish confirmation zone: clean hold below 4,092.295
First downside liquidity target: 4,021.815
Main downside liquidity target: 3,942.100
Upper FVG resistance: 4,130 - 4,140
Major upside liquidity: 4,202.705
Invalidation: clean reclaim above 4,140
Do you think gold breaks straight toward 4,021, or does it fake one more bounce into the FVG before sellers return?
Short 
Reliance: Bears Still Have the Upper HandI'm not interested in buying Reliance at current levels. If I had to take a trade today, I'd rather be on the short side.
The stock continues to trade below its 20, 50, 100 and 200-day moving averages, which tells me the broader trend is still bearish. While Reliance is holding an upward trendline, every bounce is getting sold near the ₹1,300 zone. That's a sign of distribution, not accumulation.
The derivatives market supports this view. Heavy Call open interest at ₹1,300, ₹1,310 and ₹1,350 suggests option writers are defending higher levels. A PCR of 0.63 also indicates bearish positioning continues to dominate.
On the daily chart, Reliance is trading below the pivot level of ₹1,302, while the 15-minute chart shows fading momentum with lower highs. Buyers have had multiple opportunities to push the stock higher but haven't been able to sustain above resistance.
As long as Reliance remains below ₹1,302–1,306, I see every pullback as a potential shorting opportunity rather than a buying opportunity.
I'm watching ₹1,279 as the first downside target. If that level breaks, the stock could extend towards ₹1,250–1,260.
I'll change my view only if Reliance closes decisively above ₹1,306 and follows through above ₹1,317. Until then, the trend favours the bears.
My trade: Sell on strength. The risk-reward currently favors the downside. 
Short
Nifty Outlook: I'm Still Waiting for ConfirmationOver the last few sessions, I've been watching Nifty defend higher lows consistently. Buyers are clearly stepping in on every dip, but one thing hasn't changed—the market is still struggling to clear the resistance zone around 24,250–24,300.
For me, this is not the place to get aggressive. The reward doesn't justify the risk until the market proves itself.
From the daily chart, Nifty continues to respect the rising structure, but it is trading just below the 200-day moving average near 24,410, which remains the biggest hurdle. Until we close above it, I consider this a recovery phase rather than a confirmed uptrend.
The option chain tells a similar story.
The strongest Put writing is sitting at 24,000, with fresh additions at 24,100 and 24,200. That tells me buyers are confident defending lower levels.
At the same time, heavy Call writing has shifted to 24,300, 24,400 and 24,500, showing that option writers are still expecting resistance overhead.
In other words, the market is trapped between confident buyers and equally confident sellers.
My approach is simple.
If Nifty closes above 24,300, I'll look for long positions targeting 24,450, 24,600 and possibly 24,800.
If the index loses 24,150, I'll expect a move back toward 24,000, and only a break below that would turn me cautious.
For now, I'm choosing patience over prediction.
The trend is improving, but I don't want to pay premium prices before the market confirms the breakout. I'd rather miss the first 50 points of the move than get trapped inside another range.
Levels I'm Watching
Resistance: 24,250–24,300
Major Resistance: 24,410 (200 DMA)
Support: 24,150
Strong Support: 24,000
My View: The bulls have an edge, but the market still needs to prove it. Until 24,300 is convincingly reclaimed, I prefer to stay selective and let price confirm the next move. 
Short
