wkabichandra

wkabichandra

Trade Plan – NIFTY FUTURE 15-Min Chart Current Context: Price is trading near a key demand/support zone around 24,400 -24,420. (blue zone) There’s visible selling pressure from the recent swing high, but we’re at an important decision area where a bounce or breakdown can occur. Volume profile shows high activity near 24,500 and 24,440 zones. Possible...

wkabichandra

Hello friends this is nifty futures chart The recent 5-wave corrective structure (Elliott Wave) seems to have completed near the Flip Zone, with Wave (5) marking a potential bullish reversal point. Key Observations: Strong impulse move followed by a 5-wave retracement Price reversed from previous accumulation zone Structure suggests a potential bullish...

wkabichandra

Price is currently trading within a rising channel on the 1H timeframe. We are seeing a potential continuation move after a bullish structure was maintained above 3340 support. 🔹 Key Technical Highlights: Price respecting ascending channel support. Bullish reaction near lower channel & previous demand zone. Short-term consolidation may occur near 3375–3385...

wkabichandra

We are currently in a bearish structure until the price breaks above 3300. Until then, we can look for sell opportunities around the key levels of 3281, 3290, and 3300. Downside targets are in the range of 3255 to 3235, which also align with the 1-hour timeframe bullish order blocks. From this higher timeframe bullish order block zone, we may also see a...

wkabichandra

Bank Nifty Futures has broken above the key resistance zone around 56,000, signaling bullish strength. Price has formed higher lows and is currently trading near recent highs with strong momentum. 📌 Key Zones & Levels: Resistance Turned Support: ~56,000 Immediate Supports (Sup): ~55,820 and ~55,750 Bullish Order Block (OB): ~55250–55350 (previous demand...

wkabichandra

Nifty Futures is currently trading in a broad range between the resistance near 25,100 and the support zone around 24,700. The price is showing sideways movement within this consolidation zone, as seen on the 15-minute chart. 📌 Key Levels: Resistance (Res): ~25,100 Immediate Support (Sup): ~24,700 Lower Support (Sup): ~24,530 🔍 Observation: The price has...

wkabichandra

The current recent market structure is showing Lower Highs (LH) and Lower Lows (LL) — indicating a downtrend. However, if price moves up first and taps the 25,000 level, it will break the previous high and form a Higher High (HH). This would signal a Change of Character (CHoCH) or Market Structure Shift (MSS). If that happens, the trend bias could shift to the...

wkabichandra

Gold (XAUUSD) is forming a rising wedge pattern near a key resistance zone — a critical area to watch. While this pattern typically suggests a bearish reversal, traders should stay open to both scenarios. 🔻 A breakdown below wedge support could signal a short opportunity, targeting lower support zones. 🔺 However, a strong breakout above the resistance zone with...

wkabichandra

Price is currently approaching a key Level. Upside Scenario: If XAUUSD breaks above 3270 and holds, we may see a bullish move towards the 3310 target. Downside Scenario: If price fails to break above and instead breaks below the trendline, it could trigger a downside move toward 3200. Watch for confirmation before entering any position.

wkabichandra

Nifty is currently maintaining a bullish market structure with a clear sequence of Higher Highs (HH) and Higher Lows (HL). An Accumulation-Manipulation-Distribution (AMD) pattern is forming, indicating potential for a bullish continuation. As long as the HL structure holds, my view remains bullish.

wkabichandra

Nifty is currently trading around the important resistance zone of 24,250, which has acted as a supply level in the past. This zone is critical, and the market’s reaction here can guide the next leg of the move. What to Watch: Price is testing this resistance after a strong upmove. If 24,250 holds, we may see a pullback or even a short-term reversal. If the...

wkabichandra

Bank Nifty near all-time high – Caution for longs Bank Nifty is trading near its top levels. It’s better to avoid fresh long positions here unless there’s a proper pullback or confirmation. Wait for a dip to key support zones before entering. Chasing longs at the top can be risky.

wkabichandra

Previously, Bitcoin faced rejection and dropped sharply after touching the upper trendline. However, this time, it's showing strength by consolidating near the same level for the last 5 days. This could indicate accumulation or a potential breakout attempt.

wkabichandra

dt. 17 market may consolidate up and down moves. important levels to look for buy or sell.

wkabichandra

support resistance entry and exit levels. view is bullish, caution is FII continuous selling.

wkabichandra

support resistance FVG and market direction. bullish view. today expect volatile market. fii selling continue and market try to go up

wkabichandra

support and resistance levels. at these levels we look to candle and volume reaction. and decide trade reversal or a break with small risk.

wkabichandra

support and resistance levels. at these levels we look to candle and volume reaction. and decide trade reversal or a break with small risk.