#NIFTY Intraday Support and Resistance Levels - 13/03/2026Nifty is expected to open with a gap down opening near the 23630–23650 zone, indicating continued selling pressure after the recent downside move in the market. The index is currently trading near an important support level around 23550, which will act as a crucial level for today’s session.
If Nifty sustains above the 23550–23600 support zone and shows signs of buying interest, traders may consider reversal long positions around 23550–23600. A recovery from this support zone may push the index toward 23650, 23700, and 23750+ levels.
However, if the index moves toward the 23750–23700 resistance zone and faces rejection, traders may consider short positions in that area. A rejection from this resistance band may push the index toward 23650, 23600, and 23550 levels.
Further weakness below 23450 may trigger stronger selling pressure in the market. If Nifty breaks below 23450, traders can consider short positions for targets of 23350, 23300, and 23250 levels.
Since the market is opening with a gap down, traders should avoid aggressive selling immediately at the open and wait for confirmation either below support or after rejection near resistance. Maintain strict stop loss and use trailing stop loss with partial profit booking at each target, as volatility may remain high during the session.
Technical Analysis
Structure Speaks — Multi-Timeframe ConfluencePrice doesn't lie — it just repeats.
No prediction. No bias. Just structure doing what structure does.
Two timeframes. One story. Zero noise.
Left panel (Monthly) maps a textbook Descending Triangle — the yellow counter-trend line capping rallies, the green demand zone holding as its base. A structure built over months, visible and undeniable.
Right panel (Weekly) zooms in.Dotted white lines mark distinct resistance levels — each one a zone where price acknowledged, reacted, and respected.
📖 Glossary of Terms
-Descending Triangle
A chart pattern formed by a flat horizontal support (base) and a descending upper trendline making lower highs.
-Counter-Trend Line
A trendline drawn against the prevailing price direction
-Base / Demand Zone (Green Zone)
The horizontal support level at the bottom of the triangle. This is where buying interest has historically emerged
-Multi-Timeframe Analysis (MTF)
The practice of studying the same asset across different timeframes simultaneously
-Dotted White Line (Resistance)
A visual marking on a chart indicating a specific price level where resistance has been observed.
Gold breaks trendline — real reversal or liquidity trap?Curiosity Opening
Gold on the H1 timeframe has just broken above a descending trendline after a prolonged corrective phase following the CPI-driven pullback.
This move is attracting attention because markets often break structure before seeking liquidity in the opposite direction.
The key question now: is this the beginning of a true bullish reversal, or simply a temporary breakout before another liquidity sweep?
Macro Narrative
• The recent CPI release came largely in line with expectations, reducing inflation uncertainty.
• With no major inflation surprise, the USD stabilized, allowing gold to consolidate.
• Markets often reposition after major macro events.
• Liquidity-driven moves tend to appear after consolidation phases.
News Context
After the CPI event volatility, markets are entering a positioning phase, where traders reassess the next directional move.
In such environments, gold often trades technically around liquidity zones and key Fibonacci levels.
IF–THEN News Scenarios
If the USD continues stabilizing:
Gold may retest lower liquidity near 5169 before attempting another move higher.
If the USD weakens again:
Gold could extend the rebound and challenge resistance levels near 5235 and potentially 5303.
Technical Overview
On the H1 chart, gold recently broke a descending trendline that had been guiding the corrective move since the CPI reaction.
Price is now trading around the 0.236 Fibonacci retracement, suggesting that the market may still look for liquidity before confirming the next expansion.
A short pullback toward 5169 could act as a liquidity grab before continuation toward the higher Fibonacci levels.
If bullish momentum builds, the next key liquidity clusters appear near 5235 and 5303.
Key Levels
Support / Liquidity: 5169
Resistance 1: 5213
Resistance 2: 5235
Upside Liquidity Target: 5303
Market Debate
Is this trendline breakout the start of a larger bullish move?
Or will the market sweep liquidity near 5169 first before moving higher?
XAUUSD H2 – Compression at 5135, breakout to 5270?Gold is currently trading inside a tight compression zone around 5135, where two important structures are meeting: a descending trendline from the previous high and a rising support trendline from recent higher lows.
When price gets squeezed between these types of structures, it often signals that the market is building liquidity before a larger directional move.
The key question now is whether gold will break upward toward higher liquidity or lose the structure and rotate lower again.
After the previous sell-off, gold has been gradually stabilizing while forming higher lows near the rising trendline. At the same time, the descending trendline continues to cap the upside, creating a classic triangle compression pattern.
Markets rarely stay compressed for long. Once liquidity is released, the move that follows can often be fast and directional.
Technical Overview
The current structure highlights a key reaction zone near 5134 – 5135, where buyers have repeatedly stepped in.
Above the market, two major resistance levels are visible:
• 5271 – intermediate resistance
• 5313 – major liquidity zone
These levels represent the most likely upside targets if a breakout occurs.
Key Levels
Support / Demand
• 5134
Resistance levels
• 5271
• 5313
IF–THEN Scenarios
📈 Bullish Scenario
If gold continues to hold above 5134 and breaks the descending trendline resistance, momentum could expand toward:
• 5271
• 5313
This would confirm a breakout from the compression structure.
📉 Bearish Scenario
However, if price fails to hold the 5134 demand zone, the bullish structure could weaken and trigger a deeper pullback toward lower liquidity levels.
The market is currently coiling between support and resistance, a structure that typically precedes a strong move once liquidity is released.
Traders should closely monitor the reaction around 5134, as it may determine whether the next move is a bullish breakout or another rotation lower.
GOLD H1 11/03 | CPI: Breakout to 5260 or Bull Trap 5160?The gold market enters today's session amidst increasing macroeconomic risks. Tensions in various regions remain high, while the USD and oil prices stay elevated, reflecting a shift of capital towards defensive assets. However, the main focus of the market tonight is the US CPI data, a factor that could cause significant volatility for both USD and gold.
Although geopolitical risks typically support gold, recent price action shows that each upward move occurs quite slowly while the declines are very strong, indicating that the market is still in a liquidity distribution phase rather than entering a clear upward trend.
On the H1 chart, gold has broken the short-term downtrend structure and is moving into the FVG + Fibonacci 0.5–0.618 zone (5188 – 5233). This is a critical liquidity area where the market may experience a bull trap before reversing if buying pressure is not strong enough.
Main scenario:
If the price continues to hold above 5180 – 5200, gold may extend its recovery to 5230 → 5265, where there is a cluster of FVG + liquidity H1/H4.
Risk scenario:
If tonight's CPI strengthens the USD and the price is rejected at the 5230 zone, gold could quickly reverse down to 5160 → 5120, possibly even retesting the H4 support trendline.
Key levels to watch:
• 5180 – 5200: H1 structure support zone
• 5230 – 5265: FVG / supply zone
• 5160: near breakdown zone
• 5000: major market structure level
In the short term, the market may experience significant volatility before and after the CPI data, so the reaction at the 5200 – 5230 zone will be crucial for determining the next direction.
Follow LucasGrayTrading for updates on the multi-timeframe gold roadmap and key liquidity zones ahead of major market moves.
#NIFTY Intraday Support and Resistance Levels - 12/03/2026Nifty is expected to open with a gap down opening near the 23850 zone, indicating continued weakness after the recent selling pressure in the market. The index is currently approaching an important support zone around 23750, which will act as a key level for today's session.
If Nifty continues trading below 23950–23900, traders may consider short positions in this resistance band. A rejection from this zone may push the index toward 23850, 23800, and 23750 levels.
Further weakness below 23750 may trigger stronger selling pressure in the market. If Nifty breaks below 23750, traders can consider short positions for targets of 23650, 23600, and 23550 levels.
On the upside, if the index forms a strong reversal near the 24050–24100 support zone, traders may consider reversal long positions in that range. A recovery from this zone may push the index toward 24150, 24200, and 24250+ levels.
Since the market is opening with a gap down, traders should avoid aggressive selling immediately at the open and wait for confirmation below support or rejection near resistance before entering trades. Maintain strict stop loss and use trailing stop loss with partial profit booking at each target as intraday volatility may remain high.
CPI Night: Will Gold Hold 5160 Demand Before 5300 Move?Gold is entering a critical moment as markets prepare for the U.S. CPI release tonight, one of the most important inflation indicators for Federal Reserve policy.
Inflation data often triggers sharp volatility across gold, the USD, and Treasury yields because it directly influences expectations for future Fed rate cuts.
On the chart, gold recently completed a strong impulsive move and is now consolidating above a key demand zone. This creates a classic pre-news setup where liquidity may be tested before the next expansion.
So the key question becomes:
Will gold hold the 5160 demand zone and continue higher… or will CPI trigger a deeper liquidity sweep first?
Macro Narrative
Several macro factors are currently driving gold:
• Markets are waiting for the U.S. CPI inflation report tonight
• Strong inflation could delay expectations for Fed rate cuts
• Higher yields and a stronger USD often pressure gold in the short term
• Softer inflation may weaken the USD and support gold
Because CPI affects interest-rate expectations, it frequently becomes a catalyst for large liquidity moves in gold.
Key Economic Event
U.S. Consumer Price Index (CPI)
Impact: High
The inflation data will help determine whether the market expects the Fed to maintain higher rates for longer or move closer toward easing later this year.
IF–THEN CPI Scenarios
IF CPI comes higher than expected
→ Treasury yields may rise
→ USD could strengthen
→ Gold may face selling pressure
IF CPI comes lower than expected
→ Rate-cut expectations may increase
→ USD could weaken
→ Gold may rally toward higher resistance levels
Technical Overview (H1)
From a structural perspective:
• Gold recently completed a strong impulse wave
• Price is now retracing into the 0.618 Fibonacci zone
• The area around 5160–5150 is acting as a key demand zone
• Current consolidation suggests the market may be preparing for the next move
This type of structure often appears before major macro catalysts.
Key Levels
🟡 Demand Zone: 5169 – 5150
📊 Current Pivot: 5204
🎯 Liquidity Resistance: 5218
✨ Major Target: 5299
Holding above the demand zone keeps the bullish continuation scenario valid.
Scenario 1 — Bullish
If CPI data comes softer and buyers defend the demand zone, gold may resume its bullish structure.
Potential path:
5160 → 5218 → 5240 → 5299
In this scenario, the current pullback may simply represent a retracement before expansion.
Scenario 2 — Bearish
If inflation surprises to the upside, yields and the USD could strengthen.
Gold may then sweep lower liquidity before stabilizing.
Possible path:
5160 break → 5128 zone
Markets often trigger liquidity sweeps around major news releases.
Market Debate
CPI releases often cause gold to move sharply in both directions before the real trend begins.
So the key question now is:
Is gold preparing for a push toward 5300 liquidity… or will CPI trigger a liquidity sweep below 5160 first?
Share your view below 👇
XAUUSD Structure Tightening Between Key TrendlinesGold is currently trading within a well-defined technical structure where both buyers and sellers are reacting at key trendlines.
On the higher timeframe, price continues to respect a long-term descending resistance that has previously acted as a strong rejection area. Each interaction with this level has resulted in a pullback, making it a critical barrier for further upside continuation.
At the same time, the market is maintaining a major ascending support trendline. This support has held multiple times and continues to produce higher lows, suggesting that buyers are still defending the broader bullish structure.
A successful breakout above the resistance trendline could potentially lead to further bullish expansion. However, if sellers defend this level again, we may see another corrective move before the next major directional decision.
Disclaimer: This analysis is for educational and informational purposes only and should not be considered financial advice. Always do your own research and manage risk before making any trading decisions.
Gold up before CPI - genuine strength or liquidity trap?Gold is holding firm on the H1 timeframe ahead of tonight’s US CPI release, but the timing of this move is raising questions.
The market often builds liquidity before major macro events. With price currently sitting near short-term resistance, traders are watching whether this move represents genuine strength — or simply positioning before volatility expands.
A retracement into the highlighted demand zone could become a key area where buyers attempt to regain control.
Macro Narrative
• US CPI remains one of the most important inflation indicators for the Federal Reserve.
• Higher inflation expectations may support the US Dollar and pressure gold.
• Softer inflation data could weaken the USD and support precious metals.
• Markets often reposition ahead of major macro releases, creating liquidity sweeps.
News Context
Markets are now focused on today’s US CPI data, which could influence expectations for future Federal Reserve policy and interest rates.
Unexpected inflation surprises frequently trigger strong volatility across the USD and gold.
IF–THEN News Scenarios
If CPI prints higher than expected:
The USD may strengthen, potentially pushing gold back toward the 5159 demand zone.
If CPI comes in softer:
Gold could attract renewed buying interest and attempt a move toward liquidity near 5293.
Technical Overview
On the H1 chart, gold recently confirmed a BOS (Break of Structure) after a sequence of CHoCH signals earlier in the trend, indicating a shift toward bullish market structure.
Price is currently consolidating near resistance while maintaining higher lows. This behavior often suggests the market may be building liquidity before the next expansion.
A pullback into the 5159 demand zone could provide the market with imbalance rebalancing before continuation higher.
Key Levels
Resistance: 5237
Intraday support: 5217
Demand zone: 5159
Upside liquidity target: 5293
Market Debate
Is gold genuinely preparing for a CPI-driven breakout toward 5293?
Or will the market sweep liquidity back into the 5159 demand zone first?
Gold Rising Before CPI - Strength or Liquidity Trap?Gold is holding firm on the H1 timeframe ahead of tonight’s US CPI release, but the timing of this move is raising questions.
The market often builds liquidity before major macro events. With price currently sitting near short-term resistance, traders are watching whether this move represents genuine strength — or simply positioning before volatility expands.
A retracement into the highlighted demand zone could become a key area where buyers attempt to regain control.
Macro Narrative
• US CPI remains one of the most important inflation indicators for the Federal Reserve.
• Higher inflation expectations may support the US Dollar and pressure gold.
• Softer inflation data could weaken the USD and support precious metals.
• Markets often reposition ahead of major macro releases, creating liquidity sweeps.
News Context
Markets are now focused on today’s US CPI data, which could influence expectations for future Federal Reserve policy and interest rates.
Unexpected inflation surprises frequently trigger strong volatility across the USD and gold.
IF–THEN News Scenarios
If CPI prints higher than expected:
The USD may strengthen, potentially pushing gold back toward the 5159 demand zone.
If CPI comes in softer:
Gold could attract renewed buying interest and attempt a move toward liquidity near 5293.
Technical Overview
On the H1 chart, gold recently confirmed a Break of Structure after a sequence of Change of Character signals earlier in the trend, indicating a shift toward bullish market structure.
Price is currently consolidating near resistance while maintaining higher lows. This behavior often suggests the market may be building liquidity before the next expansion.
A pullback into the 5159 demand zone could provide the market with imbalance rebalancing before continuation higher.
Key Levels
Resistance: 5237
Intraday support: 5217
Demand zone: 5159
Upside liquidity target: 5293
Market Debate
Is gold genuinely preparing for a CPI-driven breakout toward 5293?
Or will the market sweep liquidity back into the 5159 demand zone first?
#NIFTY Intraday Support and Resistance Levels - 11/03/2026Nifty is expected to open with a flat opening near the 24280–24300 zone, indicating a neutral start after the recent recovery move. The index is currently approaching the important resistance level around 24300, which will act as the key breakout level for today's session.
If Nifty sustains above 24300 with strong buying momentum, traders can consider long positions above this level. A breakout above 24300 may push the index toward 24400, 24450, and 24500+ levels, which are the next resistance levels on the chart.
Another buying opportunity may appear if the index dips toward the 24050–24100 support zone and forms a reversal pattern. In that case, traders can consider reversal long positions around 24050–24100 for targets of 24150, 24200, and 24250+.
On the downside, if the index faces rejection near the 24250–24200 resistance zone, traders may consider short positions in that range. A rejection from this level may push the index toward 24150, 24100, and 24050 levels.
Since the market is expected to open flat, traders should avoid aggressive entries immediately at the open and wait for confirmation either above the breakout level or rejection from resistance. Maintain strict stop loss and use trailing stop loss with partial profit booking at each target as intraday volatility may remain high.
#BANKNIFTY Intraday PE & CE Levels(11/03/2026)Bank Nifty is expected to open with a flat opening near the 57000 zone, indicating a neutral start after the recent recovery move. The index is currently trading close to an important resistance level around 57050, which will act as the key breakout zone for today's session.
If Bank Nifty sustains above 57050 with strong buying momentum, traders can consider buying CE options above this level. A breakout above 57050 may push the index toward 57250, 57350, and 57450+ levels, which are the next resistance levels on the chart.
Another buying opportunity may appear near the 56550–56600 support zone if the index takes a dip and forms a reversal pattern. In that case, traders can consider buying CE options around 56550–56600 for targets of 56750, 56850, and 56950+.
On the downside, if the index faces rejection near the 56950–56900 zone, traders may consider reversal PE positions in this resistance band. A rejection from this level may push the index toward 56750, 56650, and 56550 levels.
Further weakness below 56450 may trigger stronger selling pressure in the market. If Bank Nifty breaks below 56450, traders can consider buying PE options for targets of 56250, 56150, and 56050 levels.
Since the market is expected to open flat, traders should wait for confirmation above breakout levels or rejection from resistance before entering trades. Maintain strict stop loss and use trailing stop loss with partial profit booking at each target to manage intraday volatility effectively.
Gold Pullback Before Resistance BreakMarket Structure
On the 1H timeframe, gold continues to show a bullish structure with higher lows following the recent upward expansion. Price is currently consolidating below the latest swing high, indicating the market may be preparing for the next directional move.
Key Levels
The 5400–5440 resistance zone remains the main upside target. In the near term, a pullback toward the 5180–5160 area could occur as the market rebalances liquidity before attempting another push higher.
Trading Scenario
If buyers continue to defend the support structure, the bullish move may extend toward the major resistance zone. A break below support, however, could lead to a deeper retracement.
Outlook
The overall bias remains bullish as long as price holds above support, with potential for another move toward the higher resistance levels.
Price Action Harmony — Tradingview Multi layout Multi time frame📝 DESCRIPTION
This layout presents a multi-timeframe structural analysis using pure price action — no indicators, no bias, no forecast. Simply observing how price has respected key levels and patterns with remarkable precision.
🔵 LEFT PANEL — Weekly Chart | Resistance Turned Demand
One of the most fundamental and reliable concepts in technical analysis is the role reversal — where a prior resistance level, once broken and accepted above, transitions into a demand zone on retests.
This weekly chart illustrates exactly that. Price discovered resistance at a defined horizontal level, consolidated, and eventually broke through with conviction. On subsequent pullbacks, that same level attracted buyers — validating the zone as institutional demand
🟢 TOP RIGHT PANEL — Monthly Chart | Parallel Channel
Zooming out to the monthly timeframe, price has been navigating a well-defined ascending parallel channel, marked with green boundary lines.
The upper green line represents the macro resistance/ceiling of the channel
The lower green line represents the structural support/floor
Price has consistently respected both boundaries over multiple cycles — bouncing from support and rotating from resistance. No projections are being made; this is a visual of what has occurred.
🟡 BOTTOM RIGHT PANEL — Weekly Chart | Symmetrical Triangle
On the second weekly view, yellow trendlines define a symmetrical triangle formation — a pattern characterized by:
A series of lower highs converging with higher lows
Price compressing toward the apex as both buying and selling pressure equalize
A tightening range that reflects indecision and consolidation at a structural level
The symmetrical triangle is highlighted here purely for its geometric elegance and how cleanly price has respected both trendline boundaries. No directional assumption is implied
All analysis is based solely on historical price action. This post is educational and observational in nature — not financial advice, and not a forecast of future price movement.
Gold Pullback Into High-Probability POI – Watching for ReactionGold is currently correcting within a short-term descending structure after rejecting from the recent highs. Price has now moved back into a high-probability Point of Interest (POI) where previous demand and an FVG (Fair Value Gap) align, making this zone important for potential bullish continuation.
The recent drop appears to be a liquidity sweep and pullback into demand, and the reaction from this area suggests buyers are starting to defend the level. If price holds above this POI zone, we could see a recovery move toward the 5100–5140 resistance region, with the possibility of testing higher levels if momentum returns.
However, if the market breaks and accepts below the POI, price may extend the correction toward the next external POI (EXT POI) around the lower demand zone.
From a broader perspective, geopolitical tensions and safe-haven demand continue to support gold in the long term, meaning pullbacks into key demand zones could still attract buyers.
Key Levels to Watch:
POI Support: ~5045–5060
Next Demand (EXT POI): ~5005–5020
Resistance / Recovery Target: 5100–5140
If buyers step in strongly at the current zone, this pullback could turn into the next bullish leg for gold. 📈
Gold rises; USD stable—Liquidity setup ahead?Curiosity Opening
Gold continues pushing higher on the M30 timeframe, even as the US Dollar remains relatively firm. This divergence is raising questions among traders.
Is this genuine bullish momentum — or is the market simply building liquidity before the next expansion move?
Price has already broken structure and is now hovering above a key FVG support zone, suggesting buyers may still be defending the current range.
Macro Narrative
• Gold remains supported by ongoing global uncertainty and defensive flows.
• The US Dollar has stabilized but has not triggered strong downside pressure on gold.
• Traders remain cautious ahead of upcoming macro data and Fed policy expectations.
• Liquidity conditions remain thin during intraday sessions, increasing volatility.
News Context
Recent market focus has shifted toward US inflation expectations and upcoming economic data, which may influence the direction of the USD and precious metals.
Any surprise in economic releases could quickly shift short-term momentum.
IF–THEN News Scenarios
If USD strengthens on upcoming data:
Gold could revisit the FVG support zones around 5150–5118 to rebalance liquidity.
If USD weakens or risk sentiment rises:
Gold may extend higher and target liquidity near 5227.
Technical Overview
On the M30 chart, gold recently printed a CHoCH (Change of Character) and has since been maintaining higher lows.
Price is currently trading above two Fair Value Gaps, suggesting that buyers may attempt to defend these imbalance zones if a pullback occurs.
A shallow retracement into the upper FVG could provide the market with liquidity before another potential expansion higher.
The current structure favors continuation unless the FVG zones fail to hold.
Key Levels
Resistance: 5227
Support zone 1: 5152 – 5140 (FVG)
Support zone 2: 5118 – 5108 (FVG)
Current price: ~5183
Market:
Is gold building liquidity above the FVG before expanding toward 5227?
Or will the market sweep the imbalance zones first?
Gold breaks structure; is 5130 liquidity to be swept?Gold is showing renewed momentum after reclaiming structure on the lower timeframes.
On the M30 chart, price recently printed a Break of Structure (BOS) following a clear Market Structure Shift (MSS) earlier in the session. This shift suggests buyers may be regaining short-term control after a period of consolidation.
At the same time, price is now reacting near a key Fibonacci retracement area and hovering above a previously respected demand zone.
This creates an interesting situation for traders:
Is gold preparing for a continuation toward higher liquidity…
or will price revisit the demand zone before the next expansion?
Macro Context
The broader macro environment continues to create volatility in gold:
• Rising oil prices are increasing inflation expectations
• Persistent inflation risk may delay Fed rate cuts
• Higher yields and a firm USD are creating mixed pressure on gold
This combination often produces two-way price action, where markets rotate between liquidity zones before establishing a clearer direction.
Technical Overview (M30)
From a structural perspective:
• Price formed a Market Structure Shift (MSS) earlier
• A Break of Structure (BOS) confirmed bullish momentum
• The move higher is now retracing inside a Fibonacci range
• A demand zone near 5132 may act as a reaction level
The current pullback appears to be a retracement rather than a full reversal, but confirmation will depend on how price reacts around the demand area.
Key Levels
🟡 Demand Zone: 5132
📊 Reclaim / Pivot: 5167
🎯 Intermediate Target: 5186
✨ Major Liquidity Target: 5245
These levels represent the main liquidity areas visible on the current M30 structure.
Scenario 1 — Bullish
If the demand zone holds and buyers maintain structure, gold may continue its expansion toward higher liquidity.
Potential path:
5132 → 5167 → 5186 → 5245
In this scenario, the current retracement would simply represent a pullback before continuation.
Scenario 2 — Bearish
If price loses the demand zone, the bullish structure may weaken temporarily.
A break below support could trigger a deeper rotation toward lower liquidity before buyers return.
Potential path:
5132 break → 5100 zone
This would suggest the market is sweeping liquidity before the next directional move.
Market Debate
Gold has already confirmed a break of structure on M30.
But markets rarely move in straight lines.
So the key question now is:
Is gold preparing for a push toward 5245 liquidity…
or will the market sweep the 5132 demand zone first?
Share your view below 👇
BTC Testing 70K Resistance – Short Setup Toward 67KBitcoin is currently approaching a strong resistance zone between $70,000 and $71,000. This area has historically acted as a supply zone where sellers may step in and push the price lower.
If BTC enters this zone and shows signs of rejection, it could present a shorting opportunity with a potential downside move.
📉 Trade Setup
Sell Zone: $70,000 – $71,000
Targets:
🎯 Target 1: $68,900
🎯 Target 2: $67,900
🎯 Target 3: $67,000
⚠️ Key Notes
Wait for confirmation or rejection candles in the resistance zone.
Manage risk properly and avoid over-leveraging.
This setup assumes the resistance holds; a strong breakout above the zone may invalidate the idea.
📊 Conclusion:
BTC is testing a critical supply area. If sellers defend the $70K–$71K zone, we could see a short-term pullback toward the lower targets.
Market at the Edge: Nifty’s Trendline Could Decide the FutureThe weekly chart of Nifty currently reflects a market standing at an important crossroads where technical structure and global macro risks are beginning to intersect. Over the past few years, Nifty has maintained a strong bullish trajectory supported by a rising long-term trendline. This ascending support has acted as the backbone of the rally since 2022, consistently providing a foundation for higher lows and sustained upward momentum.
At present, the index is approaching this key trendline support zone around the 23,500–22,000 region while simultaneously facing resistance near the 26,000–26,500 area. This creates a compression structure where the market is effectively deciding whether it will consolidate before continuing its longer-term bullish trend or shift toward a deeper corrective phase.
The first and most probable scenario is a consolidation phase. In this situation, Nifty may continue to oscillate between the rising support trendline and the overhead resistance zone. Such sideways movement would allow the market to absorb recent volatility while maintaining the broader bullish structure. During this phase, accumulation typically occurs as institutional investors position themselves before the next leg higher.
The second scenario suggests a continuation of the long-term bull market. If Nifty successfully holds the rising trendline and begins forming higher lows again, the index could eventually break above the 26,000 resistance zone. A decisive breakout from this level could open the door for a new expansion phase with potential targets extending toward the 28,000–32,000 range over the longer term. This scenario would reinforce the idea that the current pullback is merely a healthy correction within a larger structural uptrend.
However, the third scenario introduces a risk tied to broader fundamental triggers. With geopolitical tensions rising globally and uncertainty around energy prices, markets may face external shocks that could destabilize sentiment. If Nifty fails to hold its long-term support structure and breaks below the 22,000 region decisively, it could signal a deeper market correction. In such a case, the next major historical demand zone appears around the 15,000 level, which previously acted as a strong base during earlier market cycles.
Combining both technical and macro perspectives, the current structure suggests that the long-term trend is still intact but entering a phase where confirmation is required. As long as the rising support trendline holds, the broader bullish bias remains valid. A breakdown of this structure, however, would shift the market narrative from consolidation to structural correction.
The coming months will likely determine which of these paths unfolds. Markets are now balancing strong domestic growth prospects against global uncertainty, making this zone one of the most important technical decision areas for Nifty in recent years.
USDJPY Pullback Into Channel Support – Continuation Next?USDJPY continues to trade inside a well-defined rising channel, maintaining a clear bullish structure. After a strong push toward the upper boundary, the market has started to pull back toward the channel support. Moves like this are common within trending markets, where price retraces before attempting the next continuation move.
The key level to watch is the channel support area. If buyers step in and the structure holds, the market could attempt another move toward the upper boundary where liquidity is likely resting.
For now, the focus remains on how price reacts around this support zone.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Trading involves risk.
#NIFTY Intraday Support and Resistance Levels - 10/03/2026Nifty is expected to open with a gap up opening near the 24050–24100 zone, indicating a positive start after the previous recovery move from lower levels. The index is currently approaching the important resistance zone around 24250, which will act as the key breakout level for further upside momentum.
If Nifty manages to sustain above 24250 with strong buying momentum, traders can consider long positions above this level. A breakout above 24250 may push the index toward 24350, 24400, and 24450+ levels. Sustaining above this resistance zone could trigger short covering and lead to a stronger upside move.
Another buying opportunity may appear if the index holds the 24050–24100 support zone and forms a reversal pattern. In that case, reversal long positions can be considered around 24050–24100 for targets of 24150, 24200, and 24250+.
On the downside, if the index faces rejection near the 24250–24200 resistance zone and starts trading below it with strong selling pressure, traders may consider short positions in this zone. This could push the index toward 24150, 24100, and 24050 levels.
Further weakness below 23950 may trigger stronger selling pressure in the market. If the index breaks below 23950, traders can consider short positions for targets of 23850, 23800, and 23750 levels.
Since the market is opening with a gap up, traders should avoid aggressive buying immediately at the open and wait for confirmation above the breakout level or rejection near resistance. Maintain strict stop loss and follow trailing stop loss with partial profit booking at each target as intraday volatility may remain high.
#BANKNIFTY Intraday PE & CE Levels(10/03/2026)Bank Nifty is expected to open with a gap up opening near the 56050–56100 zone, indicating a positive start after the previous recovery move. The index is currently approaching the 56050 resistance level, which will act as the first key breakout zone for today's session.
If Bank Nifty manages to sustain above 56050 with strong buying momentum, traders can consider buying CE options above this level. A breakout above 56050 may push the index toward 56250, 56350, and 56450+ levels. Sustaining above this resistance zone could trigger short covering and extend the upside move.
Another stronger bullish setup may appear if the index breaks above 56550. In that case, CE positions can be considered above 56550 for targets of 56750, 56850, and 56950+, which are the next major resistance levels on the chart.
On the downside, if the index faces rejection near the 55950–55900 zone, traders may consider buying PE options in this resistance band. A breakdown below this level could push the index toward 55750, 55650, and 55550 levels.
Further weakness below 55450 may trigger another round of selling pressure. If Bank Nifty breaks below 55450, traders can consider PE positions for targets of 55250, 55150, and 55050 levels.
Since the market is expected to open with a gap up, avoid aggressive buying immediately at the open. Wait for confirmation above the breakout levels or rejection near resistance before entering trades. Maintain strict stop loss and trail profits carefully as volatility may remain high during the session.






















