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Support and Resistance

BankNifty levels - Sep 10, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe
Nifty levels - Sep 10, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We hope you find this information beneficial in your trading endeavors. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you success in your trading activities!
NSE:NIFTY
by sacxe
GOLD → As prices continue to rise, so do the risks...FX:XAUUSD continues to rise, setting new highs. New ATH 3659. Focus on current consolidation, as the structure remains bullish... Gold hit a new record high, surpassing $3,650, amid a weakening dollar and growing expectations of aggressive Fed policy easing. However, overbought conditions and profit-taking risks may limit further growth. The USD is at 7-week lows due to fears of stagflation and deteriorating employment data. The probability of a rate cut on September 17 is 89.4% (25 bps), with a chance of 50 bps. Markets are expecting more than two cuts in 2024. Risks for gold: “Sell the fact”: If the NFP revision turns out to be weak (as expected), investors may start to take profits. Technically, gold remains bullish, but a near-term correction is likely due to technical factors and a possible reaction to the data. The long-term trend remains bullish thanks to a weak USD and the Fed's dovish policy. Resistance levels: 3657, 3675, 3700 Support levels: 3636, 3628, 3620 Gold is consolidating. At the moment, the fundamental background is stable, and no news is expected today except for those that are impossible to predict (comments, rumors, etc.). Before further growth, gold may test the support area and the liquidity hidden behind it. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
21
USDJPY Testing 146.700 as Market Awaits ReactionHey Traders, in today's trading session we are monitoring USDJPY for a potential selling opportunity around the 146.700 zone. The pair has been trading in an uptrend, but is currently in a correction phase, approaching this key support/resistance level. Structure: While the broader bias has been bullish, the correction is bringing price back toward an area of interest. Key level in focus: 146.700 — a zone where sellers may look to step in if momentum shifts. Fundamentals: Market sentiment remains sensitive to U.S. data and Fed expectations, which continue to guide short-term USD moves. Trade safe, Joe.
Short
by JoeChampion
11
Apple – Can the Company’s “Awe Dropping” Event Deliver?The Apple share price has been on a roll of late, trading from a low of 224 on August 21st to print a 6 month high of 241 on Friday (Sept 5th), consolidating its position as the third biggest company in the world with a market capitalisation of $3.56 trillion, just behind Microsoft in second place at $3.68 trillion. However, what happens next for the Apple share price may depend in part on how well traders respond to the company’s biggest product launch of 2025, which is due for release at its “Awe Dropping” event later today. Apple are due to showcase their next generation iPhone line up, alongside new smartwatches, and other devices. This hardware is seen as important for the future success of the company given Apple has fallen behind its key competitors in the AI space and so needs customers to keep buying these products while it revitalises its plans to catch up. The Apple Event kicks off at 1800 BST. It could be helpful for traders to monitor the product announcements and keep focused on any impact they have on price action for Apple stock throughout the evening and early trading on Wednesday. The share price could experience pockets of volatility across this crucial 24 hour period before traders switch their focus to the US inflation releases that are scheduled for 1330 BST Wednesday (PPI) and 1330 BST Thursday (CPI). Technical Update: Optimism Ahead of the Product Launch? It might be argued the current price of Apple shares reflects positive investor sentiment ahead of today’s product launch. Since the April 8th low, traders have consistently bought into price dips, pushing the stock above resistance marked by the previous failure high. As the chart above shows, improving sentiment has helped form an uptrend in price, with Friday marking the highest trade in Apple shares since March 7th. While the positive trend is encouraging, it is no guarantee of continued price strength, and much will depend on how the market reacts to this evening’s key sentiment driver. That said, a close above the 241 high could trigger a further phase of strength toward higher resistance levels. A successful close above 241 might signal a push toward resistance at 250, which is the February 25th high, or even 260, which is the December 26th peak. However, if the market reacts negatively to the product launch, breaking key support levels might be an indication for risks of further price declines in Apple’s share price. As shown in the chart above, the rising Bollinger mid-average, currently at 232, may offer initial support. Last week's decline held at this level, helping to establish fresh buying interest and the latest move to new recovery highs. As such, the 232 level may serve as the first possible support, with a close below it signalling potential for increased downside risks. A close below 232 could potentially trigger a deeper decline toward 224, the August 21st low, or even 202, the August monthly downside extreme. The material provided here has not been prepared accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted.
NASDAQ:AAPL
by Pepperstone
DeGRAM | WLDUSD has rapidly broken out of the triangle📊 Technical Analysis ● WLD/USD broke out of a prolonged triangle pattern after a false downside move, confirming bullish reversal momentum. ● Price surged past the 1.65–1.90 resistance zone, with the next upside objectives seen at 2.15 and 2.40, while 1.65 now acts as key support. 💡 Fundamental Analysis ● Renewed investor appetite for AI-related tokens and rising trading volumes across major exchanges are fueling WLD’s rally, reinforcing the breakout’s strength. ✨ Summary Bullish above 1.65; targets 1.90 → 2.15 → 2.40. Invalidation on a close below 1.65. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Long
by DeGRAM
3
AUDCAD - Expecting Bullish Continuation In The Short TermH1 - Strong bullish momentum. No opposite signs. Until the two Fibonacci support zones hold I expect the price to move higher further. If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀 --------------------------------------------------------------------------------------------------------------------
Long
by VladimirRibakov
5
GOLD → Strong bullish trend. What are the targets?FX:XAUUSD continues to rally on positive fundamentals that emerged at the end of last week. The market is pricing in an almost 100% cut in interest rates, which is weakening the dollar and supporting the metal... Gold is holding close to its record high of $3,600 after extremely weak US employment data for August. This has reinforced expectations of a 25 bp Fed rate cut this month. This week, attention is focused on the release of US inflation data (CPI and PPI). Inflation data in the US will confirm or adjust expectations for Fed policy easing. If inflation remains high, this could delay aggressive rate cuts and cause a correction in gold. For now, the bullish trend continues. Resistance levels: 3615, 3634, 3650 Support levels: 3600, 3578 Technically, a strong bullish trend. Growth may continue after price consolidation above 3614-3615 or after a slight correction to support at 3600 relative to the current local rally. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
38
SOLUSDT → Consolidation before the rally. New high?BINANCE:SOLUSDT continues to form a bullish trend without reacting to market noise. The price is consolidating before a possible rise. Focus on the trigger... Bitcoin previously overcame correction resistance and is consolidating in an intermediate zone in anticipation of a bullish driver, which could generally strengthen positive sentiment in strong altcoins. Against this backdrop, the market may form growth... SOL is consolidating in a symmetrical triangle pattern within an uptrend. Buyers are gaining momentum, and a breakout of the consolidation resistance could trigger continued growth with a subsequent update of the maximum. Resistance levels: 208.5, 212.25, 218.0 Support levels: 201.7, 197.4 Before the breakout and growth, a retest of the 205.0 - 201.7 zone may form, however, a breakout beyond the symmetrical triangle may trigger a spread. Growth targets may be 220, 245. Best regards, R. Linda!
Long
by RLinda
12