5000 Days vs 500 Days of Data : Which is better ?Most traders jump straight into attractive chart patterns and impulsively take trades, ignoring the bigger picture. Here’s a powerful case study
Left Side: Full Monthly Chart with Hidden Resistance
On the left, the chart captures over a decade of price action, immediately drawing attention to a long-standing downward-sloping resistance stretching from all-time highs. This hidden resistance line is not visible on the usual zoomed-in view, yet it presents a formidable barrier that traders often neglect.
(Pro Insight: Always extend trendlines and resistance zones till the inception of the instrument for real swing perspective)
(Risk Reminder: What looks like a clear breakout on a recent timeframe may actually be approaching a multi-year resistance trap)
Right Side: Symmetrical Triangle – The Pattern Focus
The right segment restricts focus to the last few years, zooming in on a visually perfect symmetrical triangle. While the setup looks neat and promising—indicating contraction and likely expansion ahead—this trimmed view risks obscuring the bigger, hidden resistance directly overhead.
Disclaimer: This post reflects technical views for educational purposes only, not investment advice. Always perform your own due diligence before trading.
Chart Patterns
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Cup & Handle Breakout in SRM
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout in MTARTECH
BUY TODAY SELL TOMORROW for 5%
Bajaj Finance: Breakout, Retest & What’s Next?Bajaj Finance has been in focus ever since it broke its long-term resistance zone of ₹870–₹880 on 12th September 2025. This breakout was significant because the stock had been struggling to cross this level for a long time. Once it crossed, the stock quickly rallied and touched a high of ₹1036 🚀.
But the story has taken an interesting turn in the last two weeks. Let’s break it down in detail:
✨ 1. Weekly Chart View (Bigger Picture)
A shooting star candle formed last week. This is a bearish reversal pattern that occurs when the price moves higher but closes near the lows, showing that sellers took control.
This week, once again, a second shooting star appeared, and what’s more important is that it closed lower than last week’s close.
This back-to-back formation is a strong sign that buyers are losing momentum and sellers are active at higher levels.
📅 2. Daily Chart View (Short-Term Action)
After the breakout above ₹870–₹880, the stock pulled back and is now retesting this breakout zone.
This level is crucial because:
It is a classic breakout-retest scenario.
The same zone also coincides with a trendline support, adding strength to this level.
If the price bounces from this zone, it will confirm the breakout as valid and can lead to another leg up.
📌 3. Key Levels to Watch
Strong Support: ₹870–₹880 (breakout + trendline support).
Upside Potential: If the stock holds above this zone, it can retest ₹1000+ levels in the short-to-medium term.
Downside Risk: If the stock decisively breaks below ₹870–₹880, then the structure weakens, and the stock can slip towards ₹900 or even lower.
⚖️ 4. Market Sentiment & Interpretation
Two weekly shooting stars show weakness and profit-booking at higher levels.
But since the stock is still above the breakout zone, bulls still have a chance to defend the trend.
The coming sessions are critical — holding above 870–880 means bulls are in control, but if broken, sellers will dominate.
👉 Summary
🔻 Weakness spotted: Two weekly shooting stars confirm selling pressure.
🛡️ Support zone (₹870–₹880): This is the line in the sand for bulls.
⚠️ If broken: A medium-term fall toward ₹900 (or lower) is likely.
🚀 If defended: The stock can bounce and resume its upward journey, possibly retesting ₹1000–₹1036.
BTCUSDT Daily & 1H Analysis: Potential Surge to $100K & Scalping🌹🌹Daily Chart: We’re observing the completion of wave ‘c’ in an ABC pattern. This suggests a potential price surge towards $100,000, marking the end of wave ‘c’ and aligning with our drawn channel’s lower boundary.
1-Hour Chart: The market has been consolidating within a tight range, typical for low-volume days, forming a distinct box range. A decisive break above the resistance or below the support, with confirmation, will offer clear trading opportunities.
Bearish Outlook: Despite a sharp recent decline, the probability of further downside remains higher. This supports a strong entry for short positions.
Bullish Scenario: If the price breaks above the range resistance and confirms with good volume, a less aggressive long position could be considered. This might signal the start of a corrective wave, potentially facing resistance around the
113
𝐾
−
113K−
114K area. This zone features a significant trading cluster (order block) that, if it accumulates liquidity, could lead to a powerful move. This aligns with the 61% daily Fibonacci retracement and the 71% 1-hour Fibonacci level.
Key Takeaway for Traders: Amidst selling pressure and significant liquidations, focus on trend-aligned opportunities. Long positions should be treated purely as scalps.
Stay prosperous!👍🌹
Part 2 Candle Stick Pattern 1. Introduction to Option Trading
In the world of financial markets, traders and investors are constantly looking for ways to maximize returns while managing risks. Beyond the conventional buying and selling of stocks, bonds, or commodities lies the fascinating arena of derivatives. Among derivatives, options stand out as one of the most versatile and widely used financial instruments.
An option is essentially a contract that gives the holder the right, but not the obligation, to buy or sell an underlying asset at a predetermined price before or at a specified expiration date. This flexibility allows traders to hedge risks, speculate on market movements, or design complex strategies to suit different risk appetites.
Option trading is a double-edged sword: it can generate extraordinary profits in a short span but also result in significant losses if misunderstood. Hence, before stepping into this market, it is essential to understand the fundamentals, mechanics, and strategies behind option trading.
2. Basics of Options
To understand option trading, let us first dissect the essential components.
2.1 Call Options
A call option gives the buyer the right, but not the obligation, to buy the underlying asset at a predetermined price (strike price) within a specific period.
If the asset’s price rises above the strike price, the call option holder can buy at a lower price and profit.
If the price falls below the strike, the buyer may let the option expire worthless, losing only the premium paid.
Example: If you buy a call option on Stock A at ₹100 strike and the stock rises to ₹120, you profit by exercising the option or selling it in the market.
2.2 Put Options
A put option gives the buyer the right, but not the obligation, to sell the underlying asset at the strike price before or at expiration.
If the asset price falls below the strike, the put holder benefits.
If it rises above the strike, the option may expire worthless.
Example: If you buy a put option on Stock A at ₹100 and the stock falls to ₹80, you can sell it at ₹100, making a profit.
2.3 Strike Price
The pre-agreed price at which the underlying asset can be bought or sold.
2.4 Premium
The price paid by the option buyer to the seller (writer) for acquiring the option contract. It represents the upfront cost and is influenced by time, volatility, and underlying asset price.
2.5 Expiration Date
Options have a finite life and must be exercised or left to expire on a specific date.
3. Types of Options
Options vary based on style, market, and underlying assets.
American Options – Can be exercised anytime before expiration.
European Options – Can only be exercised on the expiration date.
Equity Options – Based on shares of companies.
Index Options – Based on stock indices like Nifty, S&P 500, etc.
Commodity Options – Based on gold, silver, crude oil, etc.
Currency Options – Based on forex pairs like USD/INR.
4. Participants in Option Trading
Every option trade involves two primary parties:
Option Buyer – Pays the premium, enjoys the right but no obligation.
Option Seller (Writer) – Receives the premium but carries the obligation if the buyer exercises the contract.
The buyer has limited risk (premium paid), but the seller has theoretically unlimited risk and limited profit (premium received).
5. Why Trade Options?
Traders and investors use options for multiple reasons:
Hedging – Protecting existing investments from adverse price moves.
Speculation – Betting on market directions with limited risk.
Income Generation – Writing options to collect premiums.
Leverage – Controlling a large position with a relatively small investment.
ITC 1D Time frame📊 Updated Snapshot
Current Price: ~₹405
Day Range: ₹402 – ₹410
52-Week High: ₹499
52-Week Low: ₹399
📈 Technical Outlook
Support Zones:
Strong support at ₹405 (current zone)
Next support at ₹398
Resistance Zones:
Immediate resistance at ₹410–₹416
Next resistance at ₹421
Trend Bias: Weak bearish → stock is near 52-week low, testing crucial support.
📌 Step-by-Step View
If it holds above ₹405–₹398: Buyers may step in, possible bounce toward ₹416–₹421.
If it breaks below ₹398: More downside risk opens, weakness can extend further.
Upside revival only above ₹421 closing: That will change trend toward bullish.
SUNPHARMA 1D Time frameCurrent Price: ~₹1,586
Day Range: ~₹1,582 – ₹1,600
52-Week High: ~₹1,960
52-Week Low: ~₹1,553
📈 Technical Outlook
Immediate Support: ₹1,580 (very close to current price)
Strong Support: ₹1,553 – ₹1,560 (52-week low zone)
Immediate Resistance: ₹1,600 – ₹1,620
Major Resistance: ₹1,650 – ₹1,670
Trend Bias:
Stock is weak, testing lower supports.
If it breaks below ₹1,580, then ₹1,553 may be tested.
A bounce is only possible if it sustains above ₹1,600.
📌 Step-by-Step Market View
Above 1,600: Chance for small recovery toward ₹1,620 – ₹1,650.
Stays between 1,580 – 1,600: Consolidation zone.
Breaks below 1,580: Weakness may extend to ₹1,553.
INFY 1D Time frameCurrent Zone: Around ₹1,448 – 1,450 (important support area).
Support Levels:
First support: ₹1,440 – ₹1,448
Next deeper support: ₹1,410 – ₹1,420
Resistance Levels:
Immediate resistance: ₹1,475 – ₹1,485
Strong resistance: ₹1,500 – ₹1,510
Trend Outlook:
Holding above ₹1,448 can trigger a short-term bounce.
Weakness below ₹1,440 may drag it toward ₹1,410.
A close above ₹1,485 would open upside toward ₹1,510+.
Part 1 Candle Stick Pattern1. Introduction to Options
Financial markets have always revolved around two broad purposes—hedging risk and creating opportunity. Among the tools available, options stand out because they combine flexibility, leverage, and adaptability in a way few instruments can match. Unlike simply buying a stock or bond, an option lets you control exposure to price movements without outright ownership. This makes options both fascinating and complex.
Option trading today has exploded globally, with millions of retail and institutional traders participating daily. But to appreciate their role, we need to peel back the layers—what exactly is an option, how does it work, and why do traders and investors use them?
2. What Are Options? (Call & Put Basics)
An option is a financial derivative—meaning its value is derived from an underlying asset like a stock, index, commodity, or currency.
There are two main types:
Call Option – Gives the holder the right (not obligation) to buy the underlying at a set price (strike) before or on expiration.
Put Option – Gives the holder the right (not obligation) to sell the underlying at a set price before or on expiration.
Example: Suppose Reliance stock trades at ₹2,500. If you buy a call option with a strike price of ₹2,600 expiring in one month, you’re betting the stock will rise above ₹2,600. Conversely, if you buy a put option with a strike price of ₹2,400, you’re betting the stock will fall below ₹2,400.
The beauty lies in asymmetry: you can lose only the premium you pay, but your potential profit can be much larger.
3. Key Terminologies in Option Trading
Options trading comes with its own dictionary. Some must-know terms include:
Strike Price – Predetermined price to buy/sell underlying.
Expiration Date – Last date the option is valid.
Premium – Price paid to buy the option.
In the Money (ITM) – Option has intrinsic value (profitable if exercised immediately).
Out of the Money (OTM) – Option has no intrinsic value, only time value.
At the Money (ATM) – Strike price equals current market price.
Lot Size – Standardized quantity of underlying in each option contract.
Open Interest (OI) – Number of outstanding option contracts in the market.
Understanding these is critical before trading.
4. How Options Work in Practice
Let’s say you buy an Infosys call option with strike ₹1,500, paying ₹30 premium.
If Infosys rises to ₹1,600, your option has intrinsic value of ₹100. Profit = ₹100 – ₹30 = ₹70 per share.
If Infosys stays below ₹1,500, the option expires worthless. Loss = Premium (₹30).
Notice how a small move in stock can create a large percentage return on option, thanks to leverage.
5. Intrinsic Value vs. Time Value
Option price = Intrinsic Value + Time Value.
Intrinsic Value – Actual in-the-money amount.
Time Value – Extra premium traders pay for the possibility of future favorable movement before expiry.
Time value decreases with theta decay as expiration approaches.
6. Factors Influencing Option Pricing (The Greeks)
Options are sensitive to multiple variables. Traders rely on the Greeks to measure this sensitivity:
Delta – Rate of change in option price per unit move in underlying.
Gamma – Rate of change of delta.
Theta – Time decay; how much value option loses daily.
Vega – Sensitivity to volatility.
Rho – Impact of interest rates.
Mastering Greeks is like learning the steering controls of a car—you can’t drive well without them.
7. Types of Option Contracts
Options extend beyond equities:
Equity Options – On individual company stocks.
Index Options – On indices like Nifty, Bank Nifty, S&P 500.
Commodity Options – On crude oil, gold, natural gas.
Currency Options – On USD/INR, EUR/USD, etc.
Each market has unique dynamics, liquidity, and risks.
8. Options Market Structure
Options can be traded in two ways:
Exchange-Traded Options – Standardized, regulated, and liquid.
OTC (Over-the-Counter) Options – Customized contracts between institutions, used for hedging large exposures.
Retail traders mostly deal with exchange-traded options.
Part 2 Support and Resistance 1. Introduction to Options
Financial markets have always revolved around two broad purposes—hedging risk and creating opportunity. Among the tools available, options stand out because they combine flexibility, leverage, and adaptability in a way few instruments can match. Unlike simply buying a stock or bond, an option lets you control exposure to price movements without outright ownership. This makes options both fascinating and complex.
Option trading today has exploded globally, with millions of retail and institutional traders participating daily. But to appreciate their role, we need to peel back the layers—what exactly is an option, how does it work, and why do traders and investors use them?
2. What Are Options? (Call & Put Basics)
An option is a financial derivative—meaning its value is derived from an underlying asset like a stock, index, commodity, or currency.
There are two main types:
Call Option – Gives the holder the right (not obligation) to buy the underlying at a set price (strike) before or on expiration.
Put Option – Gives the holder the right (not obligation) to sell the underlying at a set price before or on expiration.
Example: Suppose Reliance stock trades at ₹2,500. If you buy a call option with a strike price of ₹2,600 expiring in one month, you’re betting the stock will rise above ₹2,600. Conversely, if you buy a put option with a strike price of ₹2,400, you’re betting the stock will fall below ₹2,400.
The beauty lies in asymmetry: you can lose only the premium you pay, but your potential profit can be much larger.
3. Key Terminologies in Option Trading
Options trading comes with its own dictionary. Some must-know terms include:
Strike Price – Predetermined price to buy/sell underlying.
Expiration Date – Last date the option is valid.
Premium – Price paid to buy the option.
In the Money (ITM) – Option has intrinsic value (profitable if exercised immediately).
Out of the Money (OTM) – Option has no intrinsic value, only time value.
At the Money (ATM) – Strike price equals current market price.
Lot Size – Standardized quantity of underlying in each option contract.
Open Interest (OI) – Number of outstanding option contracts in the market.
Understanding these is critical before trading.
4. How Options Work in Practice
Let’s say you buy an Infosys call option with strike ₹1,500, paying ₹30 premium.
If Infosys rises to ₹1,600, your option has intrinsic value of ₹100. Profit = ₹100 – ₹30 = ₹70 per share.
If Infosys stays below ₹1,500, the option expires worthless. Loss = Premium (₹30).
Notice how a small move in stock can create a large percentage return on option, thanks to leverage.
5. Intrinsic Value vs. Time Value
Option price = Intrinsic Value + Time Value.
Intrinsic Value – Actual in-the-money amount.
Time Value – Extra premium traders pay for the possibility of future favorable movement before expiry.
Time value decreases with theta decay as expiration approaches.
Axis Bank Bullish Long Term ActivationKey Points
Trend Type- Long Term
Rally is already started, but still a long way to go up.So buy on retracements.
If you have the stock than hold it for few months and more.
Like and share is appreciated.
Thank You
To understand how our coding works read the below post-
NSE:AXISBANK
Part 1 Support and Resistance 1. Introduction to Option Trading
Option trading is a type of derivatives trading where traders buy and sell options contracts rather than the underlying asset itself. An option is a financial contract that gives the holder the right, but not the obligation, to buy or sell an underlying asset at a specified price, called the strike price, on or before a specific date (expiration date). Options are widely used in equity, commodity, index, and currency markets.
Unlike traditional stock trading, option trading allows traders to leverage small amounts of capital to potentially earn higher returns. However, with this potential comes higher risk, especially in speculative strategies.
2. Key Terms in Option Trading
Before diving deeper, it’s essential to understand the terminology:
Call Option – Gives the buyer the right to buy the underlying asset at the strike price.
Put Option – Gives the buyer the right to sell the underlying asset at the strike price.
Strike Price (Exercise Price) – The price at which the underlying asset can be bought or sold.
Expiration Date – The date on which the option expires and becomes worthless if not exercised.
Premium – The price paid to buy the option.
Intrinsic Value – The difference between the underlying asset price and the strike price.
Time Value – The portion of the premium reflecting the remaining time until expiration.
In the Money (ITM) – A call option is ITM when the underlying price > strike price; a put option is ITM when the underlying price < strike price.
Out of the Money (OTM) – A call option is OTM when the underlying price < strike price; a put option is OTM when underlying price > strike price.
At the Money (ATM) – When the underlying price = strike price.
3. How Options Work
3.1 Call Options Example
Suppose a stock is trading at ₹100, and you buy a call option with a strike price of ₹105 for a premium of ₹2. If the stock rises to ₹115:
Intrinsic Value = 115 – 105 = ₹10
Profit = 10 – 2 (premium paid) = ₹8
If the stock stays below ₹105, the option expires worthless, and the loss is limited to the premium.
3.2 Put Options Example
Suppose the stock is at ₹100, and you buy a put option with a strike price of ₹95 for a premium of ₹3. If the stock falls to ₹85:
Intrinsic Value = 95 – 85 = ₹10
Profit = 10 – 3 (premium paid) = ₹7
If the stock stays above ₹95, the put expires worthless, and the loss is limited to the premium.
4. Types of Option Trading Participants
Buyers (Holders)
Pay a premium to gain the right to buy or sell.
Risk is limited to premium paid.
Sellers (Writers)
Receive a premium in exchange for obligation to buy or sell if exercised.
Risk can be unlimited in case of naked options, limited if covered.
5. Why Trade Options?
Option trading offers several advantages:
Leverage – Control a larger position with less capital.
Hedging – Protect against price movements in underlying assets.
Income Generation – Sell options to earn premiums (covered calls).
Flexibility – Apply strategies for bullish, bearish, or neutral markets.
Risk Management – Limit losses while maximizing profit potential.
IndusInd Bank BearishNamaskaram Everyone
I trade using Neowave and on that I have created an trading setup, which is kind of automatic entry and exit with Neowave.
Neowave is kind of a method in which you synchronize all the price action across all the time frames. It hides all the noise and tells you market is bullish or bearish.
About Stock
This is not a trading Idea, just a structural update for someone who is thinking to invest.
Creating Nifty 50 Neowave Charts Library for all of you, Like and share is appreciated if you like our work.
Thank You
To understand how our coding works read the below post-
NSE:INDUSINDBK
Option Trading 1. Speculation with Options
Options allow leverage, letting traders profit from small price movements with limited capital. Risk is limited to the premium paid for buyers, but sellers face potentially unlimited risk.
2. Option Styles
Options come in different styles:
European Options: Can be exercised only at expiry.
American Options: Can be exercised anytime before expiry.
Bermudan Options: Exercise possible on specific dates before expiry.
3. Factors Affecting Option Prices
Option premiums are influenced by:
Underlying asset price
Strike price
Time to expiry
Volatility
Interest rates
Dividends
Understanding these factors helps in predicting option price movement.
4. Intrinsic vs. Extrinsic Value
Intrinsic value: Real value if exercised now.
Extrinsic value: Additional premium based on time and volatility.
Example: If a stock trades at ₹520 and the call strike is ₹500, intrinsic value = ₹20, rest is extrinsic value.
5. Option Strategies
There are basic and advanced option strategies:
Single-leg: Buying a call or put.
Multi-leg: Combining options to reduce risk or maximize profit (e.g., spreads, straddles, strangles).
Example: Covered call involves holding the stock and selling a call to earn extra premium.
6. Risk Management
Options trading requires strict risk management:
Limit exposure per trade.
Use stop-loss orders.
Diversify strategies.
Monitor Greeks to assess risk dynamically.
7. Advantages of Options
Flexibility in trading.
Leverage for small capital.
Hedging against price swings.
Profit in any market condition using proper strategies.
8. Disadvantages of Options
Complexity compared to stocks.
Time decay can erode value.
Unlimited risk for option sellers.
Requires continuous monitoring of market movements.
9. Real-life Examples
Hedging: A farmer selling wheat futures and buying put options to secure a minimum price.
Speculation: A trader buying Nifty call options before earnings season to profit from upward movement.
Income: Selling covered calls on owned stocks to earn premiums regularly.
10. Conclusion
Option trading is a powerful tool for hedging, speculation, and income generation, but it requires knowledge, discipline, and risk management. Understanding strike prices, premiums, Greeks, and strategies ensures that traders can capitalize on market movements effectively. Beginners should start with simple strategies and gradually explore complex multi-leg positions as they gain confidence.
PCR Trading Strategies1. Introduction to Options
Options are financial derivatives that give the holder the right, but not the obligation, to buy or sell an underlying asset at a predetermined price (strike price) before or on a specific date (expiry). Unlike futures, which require the contract to be fulfilled, options allow flexibility. Options are widely used in stock markets, commodities, currencies, and indices.
2. Types of Options
There are two main types of options:
Call Option: Gives the buyer the right to buy the underlying asset.
Put Option: Gives the buyer the right to sell the underlying asset.
Example: Buying a call option of Tata Motors with a strike price of ₹450 allows you to buy the stock at ₹450, regardless of the market price.
3. Option Participants
Option trading involves two primary participants:
Buyer (Holder): Pays a premium and has the right to exercise the option.
Seller (Writer): Receives the premium and assumes the obligation to fulfill the contract if exercised.
4. Premium in Options
The premium is the price paid by the buyer to acquire the option. It consists of:
Intrinsic value: Difference between strike price and current market price.
Time value: Additional cost for potential future profit until expiry.
Example: If a stock is ₹500, and a call option with a ₹480 strike costs ₹25, the intrinsic value is ₹20, and the time value is ₹5.
5. Strike Price
The strike price is the predetermined price at which the underlying asset can be bought (call) or sold (put). Selecting the right strike price is crucial for option strategies.
6. Expiry Date
Options have a limited life. The expiry date determines the last day the option can be exercised. Indian markets follow weekly, monthly, and quarterly expiries.
7. Moneyness of Options
Options are categorized by their moneyness:
In-the-Money (ITM): Exercise is profitable.
At-the-Money (ATM): Strike price equals underlying price.
Out-of-the-Money (OTM): Exercise is unprofitable.
Example: A call option at ₹480 when the stock trades at ₹500 is ITM.
8. Option Greeks
Option Greeks are metrics that measure risk and price sensitivity:
Delta: Price change sensitivity to the underlying asset.
Gamma: Rate of change of Delta.
Theta: Time decay effect on option premium.
Vega: Sensitivity to volatility.
Rho: Sensitivity to interest rates.
9. Long vs. Short Positions
Long Call/Put: Buying options to profit from upward (call) or downward (put) movement.
Short Call/Put: Selling options to collect premium, often used in hedging.
10. Hedging with Options
Options are widely used for risk management. Investors hedge positions to protect against adverse market movements.
Example: If you own Infosys shares, buying a put option can limit downside risk.
Nifty Weekly Analysis, Retailers Trapped, Bearish Momentum AheadWeekly View
As expected, the market has started falling exactly from the trendline resistance, confirming the sell-off point.
Previously, I highlighted how this was a case of manipulation to trap retailers at higher levels, and now the price action is proving that right.
Nifty is still in bearish mode .
The so-called double bottom pattern has failed, which strengthens the bearish outlook.
Downside looks easy till 24000 in the near term.
Daily View
For the last 6 trading sessions, Nifty has sold off continuously. Expect a pullback upside till 25000.
Resistance remains strong near 24900 - 25000 (also the zone where fresh selling pressure may resume).
Monthly Closing Outlook
Only 2 sessions left for the monthly expiry and closing.
Expecting closing levels near last month's opening price - 24730.
If Monday opens gap down → I will wait for a pullback (short covering is likely due to expiry).
If Monday opens gap up → Expect volatility, but upside will be limited to 24900 - 25000 zone.
Trading Plan & Targets
Buy plan only above the falling trendline (not before).
Till then, it's Sell on Rise Market.
Immediate downside targets:
24000 (Gap Fill & Round Number)
23250 (Major Support & Confluence Zone) before year-end.
Very high chance Monday may open a gap up → go higher → then volatility + selling pressure resumes.
Back to 4H Frame – Fed & Inflation Shape Gold PathGold on the 4H timeframe is consolidating near premium supply after multiple liquidity sweeps. Recent U.S. inflation data kept the dollar resilient, while traders anticipate upcoming Fed commentary for clearer policy direction. Price rejected from the 3,795 supply pocket and is now retracing toward discount demand zones. Market structure suggests engineered sweeps below support before bullish continuation into Q4.
________________________________________
📌 Key Structure & Liquidity Zones (4H):
• 🔼 Buy Zone 3,692 – 3,694 (SL 3,685): Discount demand aligned with liquidity grab, ideal for continuation longs.
• 🔽 Sell Zone 3,795 – 3,797 (SL 3,804): Premium supply pocket where liquidity sweeps may trigger short-term rejections.
________________________________________
📊 Trading Ideas (Scenario-Based):
🔺 Buy Setup – Discount Demand Reaction
• Entry: 3,692 – 3,694
• Stop Loss: 3,685
• Take Profits:
TP1: 3,715
TP2: 3,740
TP3: 3,760+
👉 Smart money may engineer a sweep below 3,694 before reversing higher. Watch for bullish rejection patterns at demand.
🔻 Sell Setup – Premium Supply Reaction
• Entry: 3,795 – 3,797
• Stop Loss: 3,804
• Take Profits:
TP1: 3,780
TP2: 3,765
TP3: 3,750
👉 Short-term liquidity scalp opportunity against trend. Valid if price fails to break above breakout point.
________________________________________
🔑 Strategy Note
Bias remains bullish medium-term, but intraday sweeps into demand zones are expected as Fed officials continue to push cautious monetary guidance. Liquidity hunts around 3,795 supply and 3,694 demand will likely define the week’s volatility before a decisive breakout.