Gold/XAUUSD Analysis Breaks Bullish Channel – Targeting 3400+🟨 Market Context:
Gold (XAU/USD) has recently completed a significant technical move that signals the potential start of a strong bullish continuation phase. After a period of consolidation inside a descending channel, price has broken above key resistance levels and is showing firm buyer strength across the board.
🔍 Technical Structure Breakdown:
🔹 Descending Channel (Consolidation Phase)
For several sessions, gold was confined within a well-defined descending channel, which typically indicates a temporary correction in a broader bullish trend. This phase served as a liquidity-building zone where smart money accumulated long positions.
🔹 Breakout & Retest Confirmation
The breakout above the upper boundary of the channel was clean and impulsive, confirming bullish intent. This breakout aligned perfectly with a previous demand zone (now retested as support), adding strong confluence.
Key Breakout Zone: $3,330–$3,340
Retest Action: Price pulled back to test the breakout zone, respected it, and printed a bullish reversal.
This behavior confirms the “breakout–retest–continuation” pattern—highly reliable in trending markets.
🔹 SR Interchange – Key Pivot Zone
The level around $3,340 served a dual role:
Previously acted as resistance within the channel.
Now acting as support post-breakout (SR flip).
This interchange area is significant because it reinforces the idea that bulls are now defending this level aggressively.
🔹 Bullish Pattern Confirmation
A bullish price pattern has formed exactly at the SR zone and near the trendline. This double confluence (pattern + level) provides high-probability trade setups and confirms the entry point for buyers.
🔹 Ascending Trendline Support
An emerging bullish trendline is now guiding the move upward, confirming that the market has shifted its short-term trend. Every bounce on this trendline reinforces bullish structure and validates higher-low formations.
🎯 Price Targets & Expectations:
✅ Previous Target Zone:
Around $3,375, already tapped and respected.
This shows that gold is following technical targets with precision.
🎯 Next Bullish Target:
$3,400 – $3,410 zone stands as the next supply region.
This area is a major psychological resistance and aligns with historical reaction points.
🧠 Trading Insight & Strategy:
With current price action and momentum, buying dips remains the optimal approach, provided the price stays above the SR Interchange zone.
🔽 Entry Zone: $3,345 – $3,350
📈 Targets:
TP1: $3,375 (partial exit)
TP2: $3,400–$3,410 (final target)
❌ Invalidation Zone (Stop Loss): Below $3,330
Breaking below this would invalidate the breakout structure and possibly signal a false breakout.
📌 Summary:
✅ Clear breakout from descending channel
✅ Retest of previous demand and SR flip zone
✅ Bullish pattern confirmed on key support
✅ Ascending trendline intact
🎯 Next logical move: $3,400+
The gold market is giving strong bullish cues, and this setup could be a textbook example of “buy the breakout, ride the trend.”
Stay sharp, trade smart, and keep your risk in check. 👑
Technical Analysis
PFC– At Resistance with Ascending Triangle PatternPower Finance Corporation (NSE: PFC) is forming a technically clean structure — trading within a rising trend channel and now testing a critical resistance zone around ₹430–₹440.
This is a make-or-break level, and the market could tip in either direction depending on how price reacts this week.
1. Chart Structure Overview
Support Zone: Defined by a rising green trendline connecting higher lows since March 2025.
Resistance Zone: Red band between ₹430–₹440, where price has previously reversed multiple times.
200 EMA (Blue Line): Currently hovering around ₹423, adding confluence as a dynamic support/resistance level.
This convergence makes the current price zone crucial for directional confirmation.
2. Two Trade Scenarios
Scenario 1: Bullish Breakout (Trend Continuation)
If the price breaks above ₹440 with strong bullish candles, traders can look for:
✅ Entry after a confirmed breakout + re-test of the ₹430–₹435 zone
🎯 Target Zones: ₹455, ₹470+
🛡️ Stop Loss: Below the swing low of the re-test (₹425 or as per price structure)
🔁 Risk/Reward: 1:2 or better
Scenario 2: Resistance Rejection (Short-Term Pullback)
If the price fails to break above ₹430–₹440 and shows reversal patterns:
✅ Entry on confirmation (e.g., bearish engulfing, rejection wick)
🎯 Target Zones: ₹410 (near rising trendline), possible extension to ₹400
🛡️ Stop Loss: Just above the resistance (~₹442–₹445)
🔁 Risk/Reward: 1:2 to 1:3 depending on entry
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#SENSEX Intraday Support and Resistance Levels - 15/07/2025Sensex is likely to kick off the session with a gap-up opening around the 82500 level, reflecting early bullish momentum. If this initial strength holds and the index begins to build above the 82600–82650 zone, it could signal the start of a recovery leg toward higher resistance levels at 82800, 82900, and potentially 83000+. Sustained action above 82650 may encourage momentum traders to chase strength during the day.
However, the 82500–82650 range will act as a battleground. Failure to defend this zone could invite selling pressure. A breakdown below 82500 may expose the index to intraday weakness, opening downside targets at 82200, 82100, and even 82050. In this case, expect volatility to increase near support levels.
Traders should approach with a flexible strategy—watching for breakout confirmation above 82650 or signs of reversal pressure below 82500. Today’s early range could set the tone for the entire session.
#NIFTY Intraday Support and Resistance Levels - 15/07/2025Nifty is expected to open with a gap-up today near the 25050–25100 zone. If the index sustains above this level after the opening, bullish momentum could follow with potential upside targets of 25150, 25200, and 25250+. This zone will act as the key intraday support-turned-demand area.
However, if Nifty struggles to hold above 25200–25250 and shows signs of reversal from this zone, we might witness selling pressure. A rejection from this region could lead to a pullback toward 25150, 25100, and 25050 levels.
On the downside, a breakdown below 24950 will signal further weakness. If that level is breached decisively, it can lead to sharp downside movements toward 24850, 24800, and even 24750. This would indicate a reversal of early bullish sentiment.
Today’s session could remain volatile around key levels. It’s advisable to watch price action around the 25050–25250 range for intraday confirmation before taking directional trades.
[INTRADAY] #BANKNIFTY PE & CE Levels(15/07/2025)Bank Nifty is expected to open with a gap-up near the 56950 zone. If the index sustains below the 56900–56950 resistance range after the initial up-move, it could face selling pressure. A downside move from this level may trigger a correction toward the 56750, 56650, and 56550 zones. This level becomes a key intraday resistance.
On the downside, a breakdown below the 56650 level could intensify selling, leading to further downside targets of 56250, 56150, and 56050. This zone must be monitored closely as it holds short-term support strength. A decisive move below 56650 will shift sentiment bearish for the session.
On the other hand, a breakout and sustained move above 57100 could attract bullish momentum and may lead to upside targets of 57250, 57350, and even 57450+. Price action around the 57000–57100 mark will be crucial to determine any bullish continuation.
Overall, today's session is expected to open strong but watch for follow-through near the key zones. Traders should remain cautious and wait for confirmation around 56900–57100 for direction clarity.
EURUSD – Bearish Pressure Mounts Ahead of Triangle Breakout EURUSD is trading within a contracting triangle and currently leans toward a bearish bias. After several failed attempts to break the upper boundary, momentum is weakening, and the pair is showing signs of a potential breakdown toward lower support levels.
With several key events ahead, the euro may face additional pressure if upcoming Eurozone inflation data disappoints or if the Fed maintains a hawkish tone through upcoming speeches by U.S. officials. Unless there is a strong bullish catalyst, EURUSD is likely to correct further to the downside.
GBPJPY: Downside Pressure Increasing - Sell Opportunity!GBPJPY is showing clear signs of weakness, currently trading around 198.620. If it breaks and holds below 198.300, the bearish trend will be confirmed, with the next potential target at 192.000.
Upcoming key economic news from the UK (inflation, retail sales) and Japan (BOJ policy) will be decisive. Prioritize selling strategies, monitor news closely, and manage risk tightly.
XAUUSD – Topping Out, Correction Pressure MountsGold prices are stalling after approaching the key resistance at $3,381, precisely at the upper boundary of the short-term ascending channel. The bullish momentum is fading as the USD and U.S. bond yields remain firm, supported by stable jobs data and a lack of clear rate guidance from the Fed.
Additionally, the World Gold Council (WGC) has warned of medium-term correction risks if geopolitical tensions ease or the dollar continues to strengthen — prompting buyers to stay cautious. In the near term, XAUUSD may pull back toward the $3,295 support zone before the market defines its next direction.
DOW (DJI) -- Preparing For The Next Big Move?Hello Traders!
The chart of the DOW is really quite incredible... Recently price formed a textbook Inverse Head & Shoulders pattern, which led to a nice nearly to the all time high. Furthermore price looks to be consolidating in a Bullish Pennant just below the all time high resistance level.
The reason the Pennant below resistance is so significant is because this signals that investors are likely preparing to drive price higher to new highs. Think about it like a fighter resting before the next big fight.
Triple Top: In addition to the pennant price has now hit this resistance level for the 3rd time. The more times price hits a level typically the weaker it gets. After the 3rd hit the chance of a breakout increases dramatically.
In Summary: The "Triple Top" in conjunction with the "Bullish Pennant" means that there is undoubtedly a very high probability that price will breakout and make new all time highs.
This post is primarily meant to be educational vs a trade idea. Its charts like this that invigorate my technical analysis side and I hope it does for you as well.
Best of luck on your trading journey!
XAUUSD Weekly Trade Setup(14-18th July 2025) - Bullish StrategyIn the ever-volatile world of commodities, Gold (XAUUSD) has yet again presented a promising technical setup. For traders looking to capitalize on price action and structure-based strategies, the upcoming week (14th to 18th July 2025) offers a clean breakout and retest opportunity backed by a strong risk/reward ratio.
Let’s break down the trade plan in detail.
1. Overview of the Current Market Structure
As shown in the 4-hour chart, XAUUSD is approaching a key horizontal resistance zone around 3360–3370. Historically, this area has acted as a rejection point for buyers. However, the recent bullish momentum, supported by price trading above the 200 EMA, suggests a potential breakout.
This forms the basis of a Breakout-Retest-Continuation strategy – one of the most reliable setups in price action trading.
2. The Trade Plan
Here’s the structured plan for this setup:
🔵 Step 1: Wait for the Breakout
Price must break above the resistance zone (3360–3370) with a strong bullish candle.
Avoid chasing the breakout; instead, let the market confirm its direction.
🟠 Step 2: Look for the Retest
After the breakout, wait for the price to pull back to the broken resistance, now acting as support.
Confirm this retest with a reversal candlestick pattern (e.g., bullish engulfing or hammer) on the 1H or 4H timeframe.
🔴 Step 3: Entry and Stop Loss
Enter the trade after the confirmation candle closes.
Place a stop loss below the swing low of the retest zone.
This protects the trade in case of a false breakout.
🟢 Step 4: Set Your Target
The profit booking zone lies around the 3440–3450 region.
This setup offers a Risk/Reward Ratio of 1:4, targeting 1:2, 1:3, and potentially 1:4 if momentum continues.
3. Why This Setup Makes Sense
EMA Confirmation: Price is trading above the 200 EMA, showing bullish bias.
Clean Price Action: Well-defined structure makes it easy to identify breakout/retest levels.
Strong Risk Management: The stop is tight and logical, while the upside potential is considerable.
Psychological Support Zone: 3360–3370 has repeatedly acted as a key decision level.
4. Trade Management Tips
Trail your stop loss once 1:2 R:R is achieved.
Consider partial profit booking at 1:2 or 1:3 to lock in gains and reduce risk.
Be patient – the key to this strategy is waiting for the retest confirmation.
5. Final Thoughts
Trading XAUUSD can be both rewarding and risky. This weekly setup gives you a disciplined approach to enter the market at a high-probability point with excellent reward potential. Whether you’re a swing trader or an intraday scalper on lower timeframes, this strategy adapts well with proper confirmation.
Stay tuned for live updates, and as always – plan your trade, and trade your plan.
Happy Trading!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Nightly $SPY / $SPX Scenarios for July 15, 2025🔮 Nightly AMEX:SPY / SP:SPX Scenarios for July 15, 2025 🔮
🌍 Market-Moving News 🌍
📦 Dow Futures Dip on New Tariff Announcements
President Trump announced new 30% tariffs on EU and Mexico, with additional duties on Japan, South Korea, Malaysia, Kazakhstan, South Africa, Laos, and Myanmar starting August 1. Dow, S&P, and Nasdaq futures each slipped ~0.3% as markets assess inflation risk ahead of key CPI data this week
📈 Tech & AI Stocks Lead Despite Tariffs
Stocks like Circle (+9.3%), CoreWeave (+5.2%), Palantir (+5%), Roblox (+5.8%), and Shopify (+4.1%) surged, showcasing sector resilience amid broader tariff fears
⚠️ Deutsche Bank Warns of Summer Volatility
With thin market liquidity and rising geopolitical tension (tariff deadline Aug 1), Deutsche Bank flags summer as a period prone to sudden corrections
📊 Key Data Releases & Events 📊
📅 Tuesday, July 15:
8:30 AM ET – CPI (June)
Core CPI is projected at +0.3% MoM (2.7% YoY) and headline CPI +0.3% MoM—signs tariff effects may be feeding into prices
8:30 AM ET – Core CPI (June)
Expected to come in around 3.0% YoY.
8:30 AM ET – Empire State Manufacturing Survey (July)
Forecast: –7.8 (less negative than June’s –16.0) — a modest sign of stabilizing factory conditions
Fed Speakers Throughout the Day
Watch for commentary from Fed officials (Michael Barr, Barkin, Collins, Logan) for fresh insights on inflation and monetary policy
⚠️ Market Interpretation:
Inflation Watch: A hotter-than-expected CPI could delay anticipated rate cuts and lift yields. A pick-up in core CPI above 3% would be a red flag.
Growth Signals: A less-negative Empire State reading may suggest improving industrial momentum but still signals contraction.
Political Risk: Tariff escalation could shift investor appetite, even if markets right now are focusing on broader macro narratives.
Volatility Setup: The combination of thin liquidity, tariff uncertainty, and critical data makes for a potentially choppy week.
📌 #trading #stockmarket #economy #inflation #tariffs #Fed #CPI #manufacturing #technicalanalysis
EURAUD – Bearish Flag Breakdown OpportunityThe EURAUD pair is showing signs of trend continuation via a classic bearish flag pattern formation. After a sharp decline, the market has entered into a tight consolidation channel, climbing steadily inside a sloped flag structure. Price is now testing a critical resistance area near 1.7830–1.7840 while hovering just below the 200 EMA.
This setup offers a high-probability sell opportunity — but only after confirmation.
1. Structure Overview
The initial sharp downtrend is followed by a consolidation channel — a textbook bearish flag.
Price is approaching major resistance (1.7830–1.7840) and 200 EMA, acting as a ceiling.
A breakdown from the rising support of the flag is expected to trigger a continuation toward the downside.
2. Trade Plan – Bearish Flag Breakdown
✅ Entry Plan:
Wait for a breakdown of the green support trendline (flag support).
Then, wait for a re-test of the broken support (now resistance).
Enter short only after a bearish candlestick confirmation (e.g., bearish engulfing or rejection wick) on the 15-min or 1-hour chart.
🛡️ Stop Loss:
Place the stop loss just above the major resistance zone, around 1.7835–1.7840.
🎯 Target Zones:
Target 1 (TG1): 1.7755
Target 2 (TG2): 1.7718
Final Target: 1.7632
Risk/Reward Ratio: 1:2, 1:4, 1:9.4+
3. Why This Trade Makes Sense
Bearish Flag is a reliable continuation pattern in strong downtrends.
Price is failing to break above key resistance and 200 EMA.
The flag offers a tight SL and large downside potential — ideal conditions for R:R setups.
Confluence of structure, pattern, and trend all align for short bias.
4. Trade Management Tips
Scale out partial profits at TG1 and TG2, and trail stop for final target.
If breakdown fails, avoid chasing price — re-evaluate bias if price breaks above 1.7840.
5. Final Thoughts
This EURAUD chart is a textbook case of pattern + price action + resistance confluence. The flag structure is well-defined, and the reward-to-risk ratio is significantly favorable if the breakdown confirms.
📌 Watch for:
Breakdown of rising support
Retest and bearish candle
Entry only on confirmation
High-probability setups don’t require prediction — they require preparation.
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Gold Breakout and Potential RetraceHey Traders, in tomorrow's trading session we are monitoring XAUUSD for a buying opportunity around 3,340 zone, Gold was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 3,340 support and resistance area.
Trade safe, Joe.
Ethereum Set for a Major Move — Watch $2,700–$2,800Epic Base Forming:
Ethereum is building a powerful base, and the fundamental dynamics have shifted significantly in recent weeks. With ETF fund flows hitting new highs, institutional interest is clearly growing.
Tight Setup for a Short Squeeze:
Meanwhile, the futures market shows a near-record short position, creating a high-potential setup for a massive short squeeze. Even without the chart, this kind of positioning mismatch is rare—and explosive.
Technical Watch Zone:
Ethereum is pressing into key resistance from a rounding bottom. The critical level to watch is $2,700–$2,800. A clean breakout here could ignite a sharp rally, with $4,000+ back on the table in short order.
This is a textbook setup—fundamentals, sentiment, and technicals are aligning.
#Ethereum #ETH #Crypto #TechnicalAnalysis #ShortSqueeze #ETFFlows #MarketSetup #Bullish #Altcoins #CryptoTrading #WatchList
EURUSD Analysis – Smart Money Breakout + Reversal Zone in Play🔹 1. Bearish Channel & Liquidity Trap Setup
Price action from late June into mid-July formed a clearly defined descending channel, with consistent lower highs and lower lows. This structure likely attracted retail traders into short positions, expecting continued downside.
💡 Key Insight: The initial breakout of the channel was a fake move — often referred to as a liquidity grab or inducement. This is typical in smart money models where institutions trap early traders before the real move begins.
🔹 2. Major CHoCH (Change of Character)
Shortly after the fakeout, price sharply reversed and broke a major internal structure level, giving us our first CHoCH confirmation. This is a critical event in SMC, signaling a possible trend reversal from bearish to bullish.
Why it matters: A CHoCH after a channel + fakeout combo is a strong reversal signal, especially when supported by volume and aggression.
Visual cue: Look at the bullish engulfing momentum candle post-fakeout — this was the moment smart money entered.
🔹 3. Trendline Break + SR Interchange (Support/Resistance Flip)
Following the CHoCH, price broke the trendline and came back down to test a high-probability SR Interchange Zone — an area where previous resistance turned into fresh support.
This zone also aligns with the order block and inefficiency area, making it a premium entry for institutions.
Notice how price respected the zone before launching aggressively upward.
🧠 Note: This was the cleanest entry point in this setup — combining structure break, liquidity, and a demand zone.
🔹 4. Major BOS (Break of Structure)
After the retest, EURUSD broke the last major lower high, confirming a Bullish BOS (Break of Structure). This is where many traders realized the trend had shifted.
Market sentiment flipped from bearish to bullish.
Momentum increased, indicating institutional buying pressure.
🔹 5. Next Target: Reversal Zone (Supply Area)
Price has now reached a critical supply zone (1.1930 – 1.1970) where the next major reaction is likely to occur. This area was previously a strong rejection point, and it aligns with a potential higher timeframe supply zone.
⚠️ Watch for:
Bearish rejection wicks
Liquidity sweeps above highs
Bearish engulfing or mitigation patterns
CHoCH on lower timeframes (1H, 15m)
✅ Key Trading Takeaways:
Liquidity Trap: Retail was trapped inside a clean channel.
Fakeout Move: Induced shorts were wiped out.
CHoCH & BOS: Clear reversal pattern with momentum.
Perfect Retest Entry: Price retested demand and launched.
Current Area = Supply/Distribution: Great place to look for shorts or take profits.
📌 Possible Trading Plans:
🔸 Plan A: Reversal Short (Countertrend)
Entry: Inside 1.1930–1.1970 zone
Confirmation: Bearish PA + LTF CHoCH
TP1: Previous BOS (~1.1830)
TP2: Demand zone retest (~1.1650)
SL: Above 1.1980–1.2000
🔸 Plan B: Continuation Long (Breakout Bias)
Entry: Break + Retest above 1.2000 psychological level
SL: Below breakout wick
TP1: 1.2100
TP2: 1.2200+
🔖 Concepts Applied:
Smart Money Concepts (CHoCH, BOS, liquidity sweep)
Price Action Structure
Trendline break and retest
Supply & Demand Zones
Support/Resistance Flip (SR Interchange)
Volume + Momentum Confirmation
🔄 Conclusion:
This chart demonstrates a classic Smart Money narrative:
“Trap the retail, shift the structure, drive price into premium, then reverse.”
We're now at a make-or-break supply zone. Watch price behavior carefully — this is where smart traders either secure profits or prepare for the next leg.
AUDUSD: Pullback From Support 🇦🇺🇺🇸
There is a high chance to see a pullback from the underlined
key horizontal support on AUDUSD.
As a confirmation, I see a bullish imbalance candle on an hourly time frame.
Goal - 0.658
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Early Week Pullback Ahead of Key Economic ReleasesGold Outlook – 14 July | Early Week Pullback Ahead of Key Economic Releases
🌍 Market Sentiment & Macro Overview
Gold has started the week with a sharp retracement after filling prior liquidity gaps (FVG) from the past two weeks.
This early weakness signals a risk-off tone as traders adopt a cautious stance ahead of a heavy macroeconomic calendar and geopolitical trade discussions.
This week’s high-impact events include:
📌 US CPI (Inflation Data)
📌 US PPI (Producer Prices)
📌 Unemployment Claims
📌 Retail Sales Figures
These data points will likely set the tone for price action through the second half of the week, with potential for sharp moves in gold.
📉 Technical Snapshot – M30 Chart Structure
Price swept minor liquidity above recent highs
Pulled back by more than $15 from the short-term top
Currently trading below the intraday VPOC (~3358), suggesting short-term bearish momentum
If the selling pressure holds, we may see a move toward:
⚠️ 333x zone — initial liquidity pool
❗ 332x zone — deeper liquidity grab before any bullish reversal
🧭 Trading Plan – Key Zones and Setup
📥 Buy Setup: 3331 – 3329 (Zone of Interest)
Stop Loss: 3325
Target Levels:
TP1: 3335
TP2: 3340
TP3: 3344
TP4: 3350
TP5: 3360 – 3370
✅ A highly reactive zone — ideal for intraday long setups if price sweeps into this area and shows bullish confirmation (e.g., volume spike or rejection wick).
📤 Sell Setup: 3393 – 3395 (Resistance Re-Test)
Stop Loss: 3399
Target Levels:
TP1: 3390
TP2: 3386
TP3: 3382
TP4: 3378
TP5: 3374 – 3370 – 3360
📉 Potential scalp zone if price retests resistance with signs of exhaustion. Monitor closely for bearish structure confirmation.
📊 Key Support & Resistance Levels
Resistance Zones:
3358
3368
3374
3394
Support Zones:
3349
3340
3331
3318
These zones remain relevant for both momentum trades and reversion setups.
⚠️ Strategy Considerations
At the time of writing, gold is trading indecisively around the M30 VPOC. No clear breakout has occurred yet.
⏳ Wait for volume confirmation during the London session
🚫 Avoid impulsive entries based on emotions or FOMO
✅ Stick to your risk parameters and let price come to your level
🧠 Summary & Bias
Gold is experiencing an early-week technical correction after recent strength.
The market is in "wait-and-see" mode, with macro drivers likely to dictate direction from mid-week onwards.
📍 Watch the 3331–3329 zone closely — it remains the most attractive level for long setups.
📍 The 3393–3395 zone is a key area to fade strength if price struggles at resistance.
Patience and precision are key this week. Let the market reveal its intention, and trade accordingly.
ACC Trade Setup for the Week(14–18 July 2025) – Uptrend ChannelACC Ltd. (NSE: ACC) has been trading inside a clean uptrend channel for the past few weeks, bouncing consistently between rising support and resistance. Now, it approaches a critical inflection point — the lower support of the channel.
While no breakdown has occurred yet, the structure is weakening, and a bearish opportunity may soon present itself. Let’s explore how to trade this if the setup confirms.
1. What’s Happening on the Chart?
ACC is trading close to the channel support zone (~₹1975).
The resistance zone near ₹2000–₹2020 has held strong.
A potential breakdown below the rising green support trendline could trigger a bearish move toward the ₹1910–₹1920 demand zone.
But nothing is confirmed yet — this is a watchlist setup.
2. Trade Setup – Conditional Bearish Opportunity
✅ Trade Plan:
Wait for breakdown of the rising support line.
After breakdown, wait for a re-test of the broken support zone (~₹1975–₹1980).
Look for bearish confirmation via a candlestick pattern (engulfing or strong rejection) on the 15-min or 1-hour timeframe.
🚨 Entry Trigger:
Only enter short if re-test holds and price starts reversing.
📉 Stop Loss:
SL should be above the re-test high (around ₹1990–₹1995).
🎯 Target:
Profit booking zone: ₹1910–₹1920.
Potential R:R: 1:2, 1:3, or even 1:4 depending on entry.
3. Why This Setup Matters
Trend exhaustion is visible near the upper resistance of the channel.
A clean breakdown + re-test gives a low-risk entry.
The 200 EMA lies near the target zone, providing confluence for mean reversion.
4. What If There’s No Breakdown?
If price respects the support and bounces again, no trade should be taken on the short side.
In that case, look for possible bullish reversal signals back toward channel resistance — or stay neutral.
5. Final Thoughts
This is a highly conditional setup — and patience is the key. Don’t jump the gun. The best trades happen after confirmation.
🔔 What to watch this week:
Breakdown below ₹1975 support
Re-test and rejection from ₹1975–₹1985
Confirmation candle (bearish engulfing)
Only then consider a short trade toward ₹1910 with a well-placed SL.
Plan your trade. Wait for structure. Trade only when the market shows its hand.
Bullish Bet , UnionBankBanknifty at support.
UnionBank on recent high making sideways moves, which means consolidation.
Once Banknifty Bounce back, UnionBank will break the resistance on weekly and monthly Basis and will start moving higher.
It has higher targets on a short and long term investment.
Good to hold for short term.
#SENSEX Intraday Support and Resistance Levels - 14/07/2025Sensex is likely to open slightly gap-down, reflecting weakness carried over from the previous session. The index is currently trading near the 82450 zone. A breakdown below the 82400 level may trigger further downside movement, with potential support targets at 82200, 82100, and 82000. This zone should be monitored closely for continuation or reversal.
On the upside, any strong recovery above the 82600–82650 level could push the index higher, with resistance targets at 82800, 82900, and 83000+. Sustaining above this range may indicate buying interest returning in the market.
If Sensex spikes toward the 82950–83000 zone and faces resistance, a reversal from there could create shorting opportunities with targets at 82800, 82700, and 82600. However, a clear breakout above 83000 would negate this short setup and shift the bias to bullish.
The index is currently in a consolidation zone, and price action around 82600–82400 will be critical to determine the day’s direction.
#NIFTY Intraday Support and Resistance Levels - 14/07/2025Nifty is expected to open slightly gap-down after consistent bearish momentum in the previous sessions. The index is hovering near 25140, and immediate support lies around the 25200 level. A breakdown below this level could lead to further downside pressure, with key support targets at 25150, 25100, and 25050.
If the index breaks and sustains below 24950, it may trigger a deeper correction toward the next support levels at 24850, 24800, and 24750. These zones should be watched closely for potential reversals or continuation of bearish momentum.
On the upside, any recovery and sustained move above the 25250 level may lead to a pullback rally. In that scenario, immediate resistance levels to watch would be 25350, 25400, and 25450+.
Intraday structure remains weak unless Nifty reclaims the 25250+ zone with strength. Price action near the 25200–25050 support range will be crucial in deciding the direction of the day.