Chola

GIFT NIFTY: Could Hit Targets 20944, 20595 or 20353 🌊 GIFT NIFTY 50 INDEX FUTURES — Elliott Wave Analysis GIFT NIFTY appears to be developing a larger A-B-C corrective structure after completing a major five-wave advance at 26694.5 . Wave (V) completed at 26694.5, and price has now entered a corrective phase. 🎯 Targets: Short-term: 20944 — 20595 — 20353 Longer-term: 17607 — 16822 🚨 Crucial level: 24798 Strong resistance / invalidation: 26695 A sustained move above 26694.5 would invalidate my current bearish corrective scenari

Nifty - Expiry day analysis Oct 6 The price opened with a gap up today, faced resistance at the 22600 - 22620 zone and is trending below it. Sustaining above 22620 is important to move towards the next resistances at 22820 and 23000. Buy above 22640 with the stop loss of 22580 for the targets 22680, 22720, 22780 and 22840. Sell below 22480 with the stop loss of 22540 for the targets 22420, 22380, 22320 and 22280. The expected expiry day range is 22400 to 22800. Always do your analysis before taking any trade.

GKSL: MFTC “Uprising Curve” Signals a BIG Move?GKSL: MFTC “Uprising Curve” Signals a BIG Move? Gujarat Kidney & Super Speciality Ltd. (GKSL) is showing a strong bullish structure on the daily timeframe, according to the MFTC Uprising Curve concept. The stock has formed a clear upward-curving structure, with price consistently respecting the rising curve while creating higher highs and higher lows. 📈 MFTC Uprising Curve One of the key MFTC observations is that when this Uprising Curve develops and price continues to respect the curve, it can

by Yashkhajania

CASTROLIND : Contraction Before Expansion NSE:CASTROLIND has express some better strength after a year long consolidation. What we can further observe with the current price action is as below. Key Observations: 1. An attempt to escape from base consolidation as primary expressions. 2. The daily chart demonstrates a clear shift from a multi-month markdown into an aggressive expansion phase with expanded volume. 3. Price action has reclaimed short term EMA 20 and 50 but also long term EMA 100 and 200, signifies a short-to-medium-ter

by KingDoxa_trades

NIFTY will get even weaker below 22200 level!As we can see NIFTY fell unidirectionally and has taken support from the previous swing. Now, we can see NIFTY has much space to cover and also in Monthly TF, we can see NIFTY forming more like a head and shoulders pattern which is huge sign of bearishness. Hence as long as we are above 22200, we can expect NIFTY to show some short covering. So plan your trades accordingly and keep watching everyone.

US Oil Technical Overview - Long Term Bearish The ICMARKETS:XTIUSD US Oil is trading in the channels and retracing from the same channel levels. Hourly Channel (Color: 50% Black) – Bullish Scenario A decline from September onward is bounding the instrument in hourly channel which is not yet broken. Still it made a bullish divergence on hourly timeframe to go up and potentially touch the upper trendline of hourly channel. 4 Hour Channel (Color: Yellow) – Bullish Scenario The 4 hour channel is drawn since august 2026 and the price is

H1 Major Demand Recovery Toward Reclaim XAUUSD is trading around 4,141 after a sharp rejection from the 4,215–4,225 upper supply area. Price has returned to the lower boundary of the current rising H1 structure, where the 4,118–4,128 Major Demand / Channel Support Zone becomes the key decision area. The latest U.S. labor data weakened significantly. September nonfarm payrolls increased by only 29,000, versus roughly 90,000 expected, while unemployment held at 4.2%. That reduced expectations for another Fed hike at the October meeting

Shattering the Downtrend!Pattern Structure: The price action reveals a maturing descending wedge, compressing volatility toward a decisive resolution and signaling a major shift in market structure. Volume Analysis: Notable spikes in volume during the trendline breach confirm strong institutional conviction, validating the breakout and reducing the risk of false breakouts. Supply and Demand: A robust horizontal support zone provides a reliable demand floor, successfully absorbing selling pressure to fuel the upside m

Accenture (ACN) Bullish Setup — Watching $269 Upside Target Accenture NYSE:ACN is consolidating along a rising structural retest after a strong summer recovery from its cyclical low. Price continues to hold constructive positioning around the $186.50 key horizontal support zone, with ACN currently trading near $196 on the daily timeframe. From a technical perspective, the setup remains bullish while the $183.50–$186.50 support area holds. Sustained strength above this zone could support another expansion higher, with $227 acting as the first major up

by Richtv_official

Nifty Intraday Analysis for 06th October 2026 NSE:NIFTY Index is above 22500 - 22400 support range and this support range is expected to be respected in downfall. On the upside, index has strong resistance at 23000 level and reversal to uptrend will be formed if index sustains above 23200 level. The upward movement may lead to 22750 – 22800 resistance range and if the index crosses and sustains above this level then may reach near 23000 – 23050 range. On the contrary, The downward moment may drag the Index to 22350 – 22300 support

Banknifty Intraday Analysis for 06th October 2026 NSE:BANKNIFTY Index is near 55000 - 55300 resistance range and reversal is expected from the range as long as the resistance range is not broken decisively. The uptrend will be formed if the index sustains above 55500 level. The upward moment may lead the Index to 55400 – 55500 resistance range in upward momentum and if the index crosses and sustains above this level then may reach near 56100 – 56200 range. On the contrary, The downward moment may drag the Index to 54000 – 53900 support ran

Finnifty Intraday Analysis for 06th October 2026 NSE:CNXFINANCE Index is above 24600 - 24500 support range and if this support range is expected to be respected in downfall. On the upside, index has strong resistance at 25200 level and reversal to uptrend will be formed if index sustains above 25200 level. The upward movement may lead the Index to 24900 - 24950 resistance range and if the index crosses and sustains above this level then may reach near 25200 - 25250 range. On the contrary, The downward moment may drag the to 24400 – 243

Midnifty Intraday Analysis for 06th October 2026 NSE:NIFTY_MID_SELECT Index is above 13500 - 13600 support range and this support range is expected to be respected in downfall. On the upside, index has strong resistance at 13900 level and reversal to uptrend will be formed if index sustains above 14000 level. The upward movement may lead the Index near 13800 – 13825 resistance range and if the index crosses and sustains above this level then may reach 13975 – 14000 range. On the contrary, The downward moment may drag the index to 1350

Nifty Intraday Analysis for 05th October 2026 NSE:NIFTY Index has strong support at 22300 if this support is broken then further downfall is expected. On the upside, index has strong resistance at 23000 level and reversal to uptrend will be formed if index sustains above 232000 level. The upward movement may lead to 22650 – 22700 resistance range and if the index crosses and sustains above this level then may reach near 22900 – 22950 range. On the contrary, The downward moment may drag the Index to 22200 – 22150 support range in d

Banknifty Intraday Analysis for 05th October 2026 NSE:BANKNIFTY Index is near support and if the 54400 support is broken then further downfall is expected. On the upside, index has strong resistance at 55500 level and reversal to uptrend will be formed if index sustains above 55500 level. The upward moment may lead the Index to 55200 – 55300 resistance range in upward momentum and if the index crosses and sustains above this level then may reach near 55900 – 56000 range. On the contrary, The downward moment may drag the Index to 53700 – 5

Finnifty Intraday Analysis for 05th October 2026 NSE:CNXFINANCE Index is near 24500 - 24400 support range and if this support range is broken then further downfall is expected. On the upside, index has strong resistance at 25000 level and reversal to uptrend will be formed if index sustains above 25000 level. The upward movement may lead the Index to 24800 - 24850 resistance range and if the index crosses and sustains above this level then may reach near 25100 - 25150 range. On the contrary, The downward moment may drag the to 24300 –

Midnifty Intraday Analysis for 05th October 2026 NSE:NIFTY_MID_SELECT Index is near 13500 - 13400 support range and if this support range is broken then further downfall is expected. On the upside, index has strong resistance at 13900 level and reversal to uptrend will be formed if index sustains above 14000 level. The upward movement may lead the Index near 13725 – 13750 resistance range and if the index crosses and sustains above this level then may reach 13900 – 13925 range. On the contrary, The downward moment may drag the index t

XAUUSD — 4,184 Retest or 4,041 Sweep? Gold is trading around 4,159 after holding the H2 support area. The broader structure remains slightly bearish, with price still below the descending trendline. Macro News Weak September jobs data has sharply reduced expectations for an October Fed hike, with markets now pricing only around an 18% chance. However, the U.S. dollar remains firm as Treasury yields stay elevated and global fiscal concerns support safe-haven USD demand. The simple read 4,134 is the key support. If buyers defend

by Tiara_PrimeGold

XAUUSD — Bearish Wave 5 Toward 4,060 From Kelly’s view, gold has shifted into a short-term bearish structure after losing the previous rising channel. Price is currently trading around 4,160, directly below an important Wave (2) sell zone, while the latest rebound still looks corrective rather than a confirmed bullish reversal. The key idea is simple: if sellers continue to defend the 4,160–4,180 resistance area, gold may resume the bearish Elliott Wave sequence toward 4,110 first and potentially the 4,055–4,065 Fibonacci target z

by Kelly_Koou_Gold

US10Y Monthly/Weekly Update US10Y touched multi-decade high of 5.30% during the month, before closing at ~5.29%. 25bps hike by the FED along with hawkish commentary and atleast another 25bps hike for the CY26 caused the yields to close higher. Persistent higher crude oil prices due to ongoing US-Iran war, higher fiscal deficit concerns and ongoing AI capex by hyperscalers (majority debt issuance in longer tenor, which in turn pressurizing govt yields) are the major concerns for bond yields. Going forward, 5.20% can act as

by jayaprakash99

NIFTY Monthly/Weekly Update NIFTY has logged one of its worst streak in its history, losing for 7 weeks in a row, although it has lost only ~9% in the entire period. The consistent FII outflows due to the rising global yields and lack of pureplay companies in AI/Semiconductor space despite healthy domestic inflows causing the pressure on the market. Going forward, 22400 is a key level to watch out for as its previous week close as well as trendline level as well. 21800 can act as support level beyond this. On the other si

by jayaprakash99

IGB 10Y Monthly/Weekly Update IGB 10Y closed ~24bps higher compared to the previous month(9 bps higher on Weekly basis) to settle slightly above 7.20%, for the first time in last two years. The rising long term global yields, especially across developed economies, due to the further rate hike expectations fueled by higher inflation numbers is the major contributor for the same. Further higher fiscal deficit across developed economies is also causing the concern. On the domestic front, Wednesday's MPC is the key event to wat

by jayaprakash99

XAUUSD GOLD NEXT MOVE ON (05 OCT 2026)#XAUUSD UPDATEDE Current price - 4138 If price stay below 4160 then next target 4125 and 4110 and above that 4180

H1 Pullback Into Support Before Recovery XAUUSD is trading around 4,160 after recovering from the lower boundary of the current H1 structure. Price has returned to the 4,150–4,164 Major Demand Zone, but the chart still suggests that a deeper liquidity pullback toward the lower support area may occur before a cleaner recovery develops. The macro backdrop has turned more supportive for gold after the latest U.S. labor report. September nonfarm payrolls increased only 29K versus 90K expected, unemployment rose to 4.2% from 4.1%, and annu