NIFTY :
Last traded spot price 24143.70
FOR FURTHER TRADES FOR TOMORROW & NEXT WEEK
24195 resistance
24105 support
➡️ Bull 🐂 trade scenario :
buy above
24195 price levels will be bullish for targets 🎯
24240 / 24280 / 24325 / 24380 / 24427
Sl 24105
Time frame 15mins
➡️ Bear 🐻 trade scenario :
sell below
24100 price levels will be bearish for targets 🎯
24060 / 24000 / 23960 / 23918 / 23800
Sl 24195
Time frame 15mins
Last traded spot price 24143.70
FOR FURTHER TRADES FOR TOMORROW & NEXT WEEK
24195 resistance
24105 support
➡️ Bull 🐂 trade scenario :
buy above
24195 price levels will be bullish for targets 🎯
24240 / 24280 / 24325 / 24380 / 24427
Sl 24105
Time frame 15mins
➡️ Bear 🐻 trade scenario :
sell below
24100 price levels will be bearish for targets 🎯
24060 / 24000 / 23960 / 23918 / 23800
Sl 24195
Time frame 15mins
BANKNIFTY :
last traded price 49727
Trade set-up :
Bear 🐻 trade scenario :
Sell below 49640
SL 49870
Targets 🎯
49650 / 49540 / 49425 / 49260 / 49065 / 48870
Bull 🐂 trade scenario :
Buy above 49880
SL 49650
Targets 🎯
49960 / 50105 / 50260 / 50370 / 50570 / 50740+
Key points to note before taking a trade :
1️⃣Banknifty index at oversold position
2️⃣PCR at .74
3️⃣MMI index at 20 highly oversold
4️⃣Index price closed near trendline support
5️⃣Double bottom done at 49650 to 49660
6️⃣So 49650 will be a crucial price zone cap for Tommorows trade and next week for banknifty
Frienfs do Have a great trade
last traded price 49727
Trade set-up :
Bear 🐻 trade scenario :
Sell below 49640
SL 49870
Targets 🎯
49650 / 49540 / 49425 / 49260 / 49065 / 48870
Bull 🐂 trade scenario :
Buy above 49880
SL 49650
Targets 🎯
49960 / 50105 / 50260 / 50370 / 50570 / 50740+
Key points to note before taking a trade :
1️⃣Banknifty index at oversold position
2️⃣PCR at .74
3️⃣MMI index at 20 highly oversold
4️⃣Index price closed near trendline support
5️⃣Double bottom done at 49650 to 49660
6️⃣So 49650 will be a crucial price zone cap for Tommorows trade and next week for banknifty
Frienfs do Have a great trade
FTU CHART
ES 15 Aug.jpg
The past two days of data releases haven't brought the usual volatility typically associated with such events. Yesterday, the CPI data resulted in a relatively narrow 26-point range (5474 - 5448), and the market opened higher in RTH, only for sellers to quickly fill the gap, keeping the price within Tuesday's range. Despite aggressive selling early in the session, especially below 5456, sellers struggled, indicating strong passive buying support.
This dynamic led to a sharp squeeze above 5456, with the price peaking at 5487.75. However, the lack of follow-through triggered an afternoon pullback, with buyers stepping in at 5456 but unable to push the price to new highs. This created a tug-of-war between aggressive sellers and passive buyers.
Today, in the overnight session, we've seen competitive selling around 5492 and strong bids at 5471. With key data release today, we might get a sharp move. The key level to watch today is 5492—holding above this could drive the price towards 5530, while failure to sustain above 5492 might push the market down to 5445 or lower.
Key levels:
Upside: 5492 - 5500 - 5514 - 5519 - 5550
Downside: 5482 - 5471 - 5445 - 5435 - 5421 - 5396
PS: The ES is a very levels-driven market; key references like POC, VAH/VAL, and PD High/Low often have stops stacked, making these levels important for short scalping opportunities.
This dynamic led to a sharp squeeze above 5456, with the price peaking at 5487.75. However, the lack of follow-through triggered an afternoon pullback, with buyers stepping in at 5456 but unable to push the price to new highs. This created a tug-of-war between aggressive sellers and passive buyers.
Today, in the overnight session, we've seen competitive selling around 5492 and strong bids at 5471. With key data release today, we might get a sharp move. The key level to watch today is 5492—holding above this could drive the price towards 5530, while failure to sustain above 5492 might push the market down to 5445 or lower.
Key levels:
Upside: 5492 - 5500 - 5514 - 5519 - 5550
Downside: 5482 - 5471 - 5445 - 5435 - 5421 - 5396
PS: The ES is a very levels-driven market; key references like POC, VAH/VAL, and PD High/Low often have stops stacked, making these levels important for short scalping opportunities.
FTU CHART
The past two days of data releases haven't brought the usual volatility typically associated with such events. Yesterday, the CPI data resulted in a relatively narrow 26-point range (5474 - 5448), and the market opened higher in RTH, only for sellers to quickly…
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#Nifty 👋
The US market is Full on Bullish may see some Bounce Tomorrow,
Red zones are sz 24300 strong areas of rejection
Black zone is a Game changer
I will be Bullish only if price sustain above Black zone.
The US market is Full on Bullish may see some Bounce Tomorrow,
Red zones are sz 24300 strong areas of rejection
Black zone is a Game changer
I will be Bullish only if price sustain above Black zone.
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#Banknifty 👋
We have a 1 min Gap at 50471, The PRICE may come up to Fill it,
Red zones are area of small Sz
Strong Supply at Black zone
Supper Bullish only above Black zone
We have a 1 min Gap at 50471, The PRICE may come up to Fill it,
Red zones are area of small Sz
Strong Supply at Black zone
Supper Bullish only above Black zone
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FTU CHART
Next #Gann Trending day🙏 16th Friday and 19th Monday
Tomorrow is our #Gann Trendy Day,⭐️
Supply zones in both #Banknifty and #Nifty are
More than 1% away,
So kal minimum 1% ka toh momentum banta hai🥺
Supply zones in both #Banknifty and #Nifty are
More than 1% away,
So kal minimum 1% ka toh momentum banta hai
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