BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:8 RISK REWARD BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:8 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing i
Trend Lines
Descending Triangle Chart Pattern📘 Overview
This chart highlights a Descending Triangle pattern forming at a strong support zone.
The structure reflects ongoing selling pressure through lower highs, while buyers continue to defend the same support level.
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📉 Key Price Action
• Price is forming consistent lower highs, indicating bearish pressure
• Support zone is tested multiple times, showing strong demand
• Price is compressing between resistance and support
• Volatility is decreasing, suggesting a potential brea
We are bullish, but can lead to gap covering below 24100!!As we can see NIFTY showed rejection from our given levels, exactly as analysed. Now that the supply zone is tested, we can expect NIFTY to break through that zone, once it manages to hold itself above 24250. On the other hand, if NIFTY couldnt hold itself at higher levels, we may see NIFTY being weak and fill all the pending gaps below 24100, resulting in sharp fall. so, plan your trades accordingly and keep watching everyone.
Gold (MCX): Trading the Barrier Triangle Compression BreakoutTechnical Context
Gold Futures (MCX) are currently displaying a powerful structural sequence on the 4-hour chart. Following a major market low at 129,595 , the asset has built a nested impulse. This indicates a primary uptrend is gaining heavy momentum through a sequence of higher highs and higher lows.
The most recent surge peaked at 154,500 , striking a key mathematical extension. Since that peak, price has entered a consolidation phase known as a Barrier Triangle . In this pattern, sell
Nifty Intraday Analysis for 16th April 2026NSE:NIFTY
Index has resistance near 24650 – 24700 range and if index crosses and sustains above this level then may reach near 24950 – 25000 range.
Support is expected near 23850 – 23800 range and if this support is broken then index may tank near 23450 – 23400 range.
The market is expected to remain in the uptrend direction amid the second round of the U.S. and Iran peace talk. However, the market may face a slight headwind due to profit booking near the resistance zone.
Banknifty Intraday Analysis for 16th April 2026NSE:BANKNIFTY
Index has resistance near 57400 – 57500 range and if index crosses and sustains above this level then may reach near 58200 – 58300 range.
Support is expected near 55200 – 55100 range and if this support is broken then index may tank near 54400 – 54300 range.
The market is expected to remain in the uptrend direction amid the second round of the U.S. and Iran peace talk. However, market may face slight headwind due to profit booking near resistance zone
Finnifty Intraday Analysis for 16th April 2026 NSE:CNXFINANCE
Index has resistance near 26950 - 27000 range and if index crosses and sustains above this level then may reach near 27300 - 27350 range.
Support is expected near 25950 – 25900 range and if this support is broken then index may tank near 25550 – 25500 range.
The market is expected to remain in the uptrend direction amid the second round of the U.S. and Iran peace talk. However, the market may face a slight headwind due to profit booking near the resistance zone.
Midnifty Intraday Analysis for 16th April 2026$MID_NIFTY_SELECT
Index has immediate resistance near 13800 – 13825 range and if index crosses and sustains above this level then may reach 14000 – 14025 range.
Support is expected near 13300 – 13275 range and if this support is broken then index may tank near 13100 – 13075 range.
The market is expected to remain in the uptrend direction amid second round of the U.S. and Iran peace talk. However, market may face slight headwind due to profit booking near resistance zone.
Nifty Intraday Analysis for 15th April 2026NSE:NIFTY
Index has resistance near 24250 – 24300 range and if index crosses and sustains above this level then may reach near 24600 – 24650 range.
Support is expected near 23400 – 23350 range and if this support is broken then index may tank near 23050 – 23000 range.
The market is expected to remain on the positive side as the U.S. and Iran hinted at a second round of peace talks this Thursday. While President Trump is scheduled to make an urgent announcement at 1:30 PM ET (12:00 AM IST),
Banknifty Intraday Analysis for 15th April 2026NSE:BANKNIFTY
Index has resistance near 56700 – 56800 range and if index crosses and sustains above this level then may reach near 57600 – 57700 range.
Support is expected near 54500 – 54400 range and if this support is broken then index may tank near 53700 – 53600 range.
The market is expected to remain on the positive side as the U.S. and Iran hinted at a second round of peace talks this Thursday. While President Trump is scheduled to make an urgent announcement at 1:30 PM ET (12:00 AM I
Finnifty Intraday Analysis for 15th April 2026 NSE:CNXFINANCE
Index has resistance near 26550 - 26600 range and if index crosses and sustains above this level then may reach near 26950 - 27000 range.
Support is expected near 25550 – 25500 range and if this support is broken then index may tank near 25150 – 25100 range.
The market is expected to remain on the positive side as the U.S. and Iran hinted at a second round of peace talks this Thursday. While President Trump is scheduled to make an urgent announcement at 1:30 PM ET (12:00 AM I
Midnifty Intraday Analysis for 15th April 2026NSE:NIFTY_MID_SELECT
Index has immediate resistance near 13525 – 13550 range and if index crosses and sustains above this level then may reach 13700 – 13725 range.
Support is expected near 13000 – 12975 range and if this support is broken then index may tank near 12825 – 12800 range.
The market is expected to remain on the positive side as the U.S. and Iran hinted at a second round of peace talks this Thursday. While President Trump is scheduled to make an urgent announcement at 1:30 PM
24300 level could create some problems!!As we can see NIFTY managed to continue its upmove though it was sideways throughout the day but the overall market looks stable, ready for short covering. But there are few minor resistances like 24300 which acted as a strong supply zone previously and can act the same. Hence unless we close above 24300-24350, we could remain sideways to bearish. So, plan your trades accordingly and keep watching everyone.















