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ETH Setup You Can't Ignore:4k FVG to 5k Seller Zone ⚠️ ETH Setup You Can’t Ignore: 4K FVG to 5K SELLER ZONE! ETHUSD – Fair Value Gap & Liquidity Sweep Setup Ethereum is trading within a critical range, presenting a potential ICT-style setup: Fair Value Gap (4000–4200) – Key demand zone with a “Golden Line” midpoint; price may dip to fill this imbalance before reversing. Seller Zone (~5000) – Major supply zone where profit-taking or distribution could trigger. Bias – Expect a sweep of downside liquidity, a reaction within the FVG, and a possible rally toward the 5000 zone if higher timeframe confluence supports it. ⚠️ Always wait for confirmation and manage risk before execution.
CRYPTO:ETHUSD
by dsbmdilip
Positional or Long-term Opportunity in Piramal PharmaGo Long @ 203.6 for Targets of 229, 244, 259, and 287.1 with SL 186.9 Reasons to go Long : 1. On Weekly timeframe If we draw Fibonacci retracement from the recent swing low (A) to the swing high (B) then the stock took support from the 0.5 Fibonacci level. 2. In addition to this, the stock formed a Bullish Engulfing Pattern (marked with a orange color) around 0.5 Fibonacci level. 3. Also there is a strong demand zone (marked with a purple color) from which the stock is taking support.
NSE:PPLPHARMALong
by Nimish_Ghagare
1
Positional or Long-term opportunity in IDFC First BankGo Long @ 71.75 for Targets of 82, 90.5, and 98 with SL 68 Reasons to go Long : 1. On Weekly timeframe If we draw Fibonacci retracement from the recent swing low (A) to the swing high (B) then the stock took support from the 0.382 Fibonacci level. 2. In addition to this, the stock formed a Bullish Engulfing Pattern (marked with a orange color) around 0.382 Fibonacci level. 3. Also there is a strong demand zone (marked with a purple color) from which the stock is taking support. 4. Besides the stock formed a Double Bottom (W) pattern at 0.382 Fibonacci level. 5. Also the stock gave a Trendline breakout (marked with a red color).
NSE:IDFCFIRSTBLong
by Nimish_Ghagare
Gold faces early selling pressure | Main trend still Buy🟡 XAU/USD – 15/09 | Captain Vincent ⚓ 🔎 Captain’s Log – News Context FED rate cut probabilities this week : -25bps : 96.4% (up from 89.1%). -50bps : only 3.0% (down sharply from 10.9%). Trump : Announced more sanctions on Russia, urged NATO to stop buying Russian oil; also emphasized “the possibility of significant FED rate cuts.” Key event today : New York Manufacturing Index at 1:30 (US time). ⏩ Captain’s Summary : The sharp drop in -50bps expectations caused early selling pressure on Gold this morning. But overall, FED is still certain to cut rates and inflation is cooling → the bigger trend continues to favor Buy . 📈 Captain’s Chart – Technical Analysis Storm Breaker (Resistance / Sell Zone) : 3665 – 3670 (Weak High & upper cap). Golden Harbor (Support / Buy Zone) : 3623 – 3603 – 3587. Market Structure : On H1, Gold is moving within a tightening triangle with EqH and EqL . Main trend stays bullish, but needs a retest of support before rallying toward 3665 – 3670. 🎯 Captain’s Map – Trade Plan ✅ Buy (priority) Buy Zone 1 Entry: 3623 – 3625 SL: 3612 TP: 3640 – 3650 – 3660 – 3665+ Buy Zone 2 (FVG) Entry: 3603 – 3605 SL: 3592 TP: 3620 – 3640 – 3655 – 3665 Deep Buy Zone Entry: 3587 – 3590 SL: 3575 TP: 3610 – 3630 – 3650 ⚡ Sell (short scalp at resistance) Sell Zone Entry: 3665 – 3670 SL: 3678 TP: 3655 – 3645 – 3635 – 36xx ⚓ Captain’s Note “The Golden ship faces headwinds this morning as sailors reduce expectations for a -50bps cut. But the larger sail remains filled with dovish FED winds, steering the voyage north. Golden Harbor 🏝️ (3623 – 3603 – 3587) is the safe dock to gather strength. Storm Breaker 🌊 (3665 – 3670) may raise waves, suitable for short Quick Boarding 🚤 . The main journey still favors Buy , waiting for the FED to blow more tailwind into the Golden sails.”
OANDA:XAUUSDLong
by CaptainVincent
Inverse Cup and Handle for Bearish indicationAfter strong Bullish Engulfing formation on 5th September 2025, the OANDA:NZDCAD price is rocketing towards higher highs, aiming for 0.8624 resistance. Now it needs some breath after forming a bearish Harami on 12th September 2025. Looking at the Hourly timeframe, it made an inversed Cup and Handle which indicates for bearish signal. Yet we need another confirmation for breaking its lower high at 0.8229 which is our entry price I am bearish from Monday onwards waiting for that cup's handle breakout. Once its done my orders must be triggered and left for bearish. I will place a sell stop order 0.8229 with my SL at the handle of cup at 0.8256. I will take two positions both at the breakout of Handle at 0.8229. Both position has 2% risk in total Note: The Sell stop order is a must. If its not triggered then we are not aiming for any other trade. Position 1 with 1 % Risk Buy Stop: 0.8229 Stop Loss: 0.8256 TP: 0.8197 Position 1 with 1 % Risk Buy Stop: 0.8229 Stop Loss: 0.8256 TP: 0.8160
Short
by hameedops
NETWEB TECHNOLOGIES INDIA LIMITEDPrice Action View Stock had a strong breakout rally recently with heavy volume, creating an imbalance (FVG – Fair Value Gap) in the daily chart. After the sharp move, price is now retracing downwards into the discount zone & order block area. 🟢 Bullish Points Clear uptrend structure – higher highs and higher lows. Strong volume spike confirms institutional interest. Price is approaching the FVG zone (₹2,200–₹2,400) which can act as a demand zone for a bounce. 🔴 Risk / Bearish Signs Current correction is sharp (–3.2% today) → showing sellers still active. If price breaks below ₹2,000, structure weakens and downside towards ₹1,700 support is possible. 🎯 Trading Plan (As per Chart Markings) First Entry: around ₹2,200–₹2,300 (inside FVG). Second Entry: if deeper retracement near ₹2,000. Stop Loss: below order block (~₹1,850–₹1,900). Target 1: around ₹3,300 (previous high / resistance). ✅ Summary Stock is in a strong uptrend but currently cooling off after a big rally. Best approach is to wait for retracement into the FVG/Order Block zone and then look for buying opportunities with a stop loss below ₹1,900. If the setup works, upside target remains ₹3,200–₹3,300
NSE:NETWEBLong
by ChartistHub
Apollo Hospitals – Wave 5 Approaches Completion at ATH ZoneAfter a strong multi-year uptrend, Apollo Hospitals now trades inside the projected terminal zone of Wave 5. The stock has rallied from its Wave 4 low near ₹6,002 and is advancing toward the Fibonacci cluster between ₹7,542 – ₹8,494, where 1.0x and 1.618x extensions converge. The long-term channel has guided price action well: Wave 4 respected the lower boundary, and now Wave 5 is pressing near the upper half of the channel. However, the RSI tells a different story . Momentum has been stuck in a falling channel, even as price climbs higher. This bearish divergence signals exhaustion — a common occurrence when a fifth wave approaches completion. Key Takeaways: Wave 5 is nearing its potential terminal zone. Price resistance sits between ₹7,542 – ₹8,494. RSI falling channel highlights weakening momentum. Signs of exhaustion suggest caution at current levels. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:APOLLOHOSPShort
by WaveXplorer
BAJAJ AUTOLiquidity Sweeps (Highlighted Circles) Multiple highs were created earlier, which acted as liquidity pools. These were swept before price reversed lower, showing institutional activity. This suggests smart money collected liquidity before pushing the price down. Monthly FVG (Fair Value Gap) Discount Zone Around ₹6,800 – ₹7,600, this is a major higher-timeframe support zone. Price previously reacted strongly from this area (sharp bullish move after March-April 2025), confirming demand. Weekly FVG (Fair Value Gap) Around ₹11,000 – ₹11,400, this is a strong supply zone where price may eventually gravitate if bullish momentum sustains. But currently, price is still far below this zoneTrading View Bullish Case If price holds above ₹8,200 – ₹8,400, buyers could step in again. Upside targets: Short-term: ₹9,600 (previous swing high). Medium-term: ₹10,122 (marked resistance level). Long-term: Potential move towards weekly FVG zone ~₹11,000+. Bearish Case If price breaks below ₹8,200, weakness may extend. Downside targets: First: ₹8,000 – ₹7,800. Stronger support: Monthly FVG discount zone ₹7,600 – ₹6,800.
NSE:BAJAJ_AUTOLong
by ChartistHub
XAUUSD | FED leaning toward 50bps cut? | Buy strategy at support🟡 XAU/USD – 12/09 | Captain Vincent ⚓ 🔎 Captain’s Log – Market Context The probability of a FED -50bps cut next week has risen to 10.9% (from 8%), while a -25bps scenario is almost certain. US jobless claims rose sharply → reflecting a weakening labor market, reinforcing expectations of FED easing. Tonight (21:00): release of Consumer Sentiment & 1Y–5Y Inflation Outlook (University of Michigan) – data that could further impact the Dollar. ⏩ Captain’s Summary: Dollar weakness + falling bond yields = Gold remains supported to rise. However, short-term pullbacks may appear before breaking higher levels. 📈 Captain’s Chart – Technical Analysis Storm Breaker (Resistance / Sell Zone): Weak High: 3675 – 3677 (psychological barrier) Peak Zone: 3676 – 3680 (high test, short-term reversal risk) Golden Harbor (Support / Buy Zone): FVG: 3603 – 3601 Deep Harbor: 3621 – 3623 Price Structure: On H1, Gold has repeatedly formed BoS and Equal High (EqH) around 3645 – 3650. An FVG appears → sign that price may need to fill the liquidity gap before continuing. Priority scenario: Pullback to 3636 or deeper 3621, then rebound towards 3675 – 3680. If 3680 breaks successfully → opens the way for new ATH above 3700. 🎯 Captain’s Map – Trading Plan ✅ Buy (trend-follow priority) Buy FVG: 3601 – 3603 | SL: 3591 | TP: 3605 – 3610 – 3615 – 3620 – 36xx Buy Zone: 3621 – 3623 | SL: 3612 | TP: 3640 – 3655 – 3665 – 3675 – 368x ⚡ Sell (short-term scalp at resistance) Sell Zone: 3675 – 3680 | SL: 3684 | TP: 3665 – 3655 – 3645 – 36xx ⚓ Captain’s Note “The dovish wind from the FED continues to push the golden sails forward. Golden Harbor 🏝️ (3636 – 3621) is the safe docking zone for sailors to gather strength before the new voyage. Storm Breaker 🌊 (3675 – 3680) may create big waves for short Quick Boarding 🚤 , but the main course is still heading North. If the 3680 wave breaks, the golden ship will extend its journey to new peaks above 3700.”
OANDA:XAUUSDShort
by CaptainVincent
Trading Analysis for Gold Spot / U.S. Dollar (15-Minute Chart)Sorry I am late in giving the signal but I will say that manipulation in XAU/USD is at extreme level. Keep portfolio at least $1000. Take buy position in XAU/USD as much as possible. Not more than $3630.00. Target 1 3353.00 Target 2 3358.00 Target 3 3365.00 Target 4 3372.00 SL 3630.00 Based on the provided 15-minute chart for Gold Spot / U.S. Dollar (XAU/USD), published by NaviPips on TradingView.com on June 30, 2025, at 17:53 UTC, here’s a suggested trading setup for a buy position: Current Price and Trend: The current price is 3,241.875, with a slight increase of +0.250 (+0.01%). The chart shows a recent downtrend that appears to be stabilizing near the current level, suggesting a potential reversal point. Buy Entry: Enter a buy position at 3,312.875 (current price), as it aligns with a support zone where the price has found a base, indicated by the horizontal dashed line and recent consolidation. Stop Loss: Place a stop loss at 3,295.250, below the recent low, to protect against further downside. This level is approximately 10.625 points below the entry, defining the risk. Take Profit Levels: Take Profit 1: 3,317.875, a conservative target about 20.000 points above the entry, aligning with a minor resistance zone. Take Profit 2: 3,324.750, a mid-range target approximately 31.875 points above the entry. Take Profit 3: 3,332.500, a deeper target about 45.625 points above the entry, indicating a potential trend reversal. Price Action: The chart indicates a downtrend with a possible bottoming pattern near the current level. The support zone and upward candlestick suggest a buy opportunity if the price holds. Risk-Reward Ratio: The distance to the stop loss (10.625 points) compared to the take profit levels (20.000 to 45.625 points) offers a favorable risk-reward ratio, ranging from approximately 1:1.9 to 1:4.3. Conclusion Enter a buy at 3,241.875, with a stop loss at 3,295.250 and take profit levels at 3,317.875, 3,324.750, and 3,332.500. Monitor the price action for confirmation of an upward move, and be cautious of a potential continued downtrend if the price breaks below the stop loss level. (Note: I assume "take profot" was a typo for "take profit" and have corrected it accordingly.)
OANDA:XAUUSDLong
by NaviPips
2
Waiting for CPI & FED rate cut | Priority Buy at support🟡 XAU/USD – 11/09 | Captain Vincent ⚓ 🔎 Captain’s Log – News Context US PPI yesterday : Wholesale prices dropped sharply, below forecasts → strengthening expectations of a FED rate cut. FED probabilities : 100% odds for a -25bps cut next week, and even 16% of investors bet on -50bps. Today : US CPI & Jobless Claims – key data to assess inflation & labor, determining the specific cut. ⏩ Captain’s Summary : FED will certainly cut rates, so Gold remains supported in its bullish trend. Short-term fluctuations may occur due to sentiment or surprises (e.g., tariff news from Trump). 📈 Captain’s Chart – Technical Analysis Storm Breaker (Resistance) : Bearish OB: 3645 – 3650 (near-term resistance) Weak High: 3674 (target if breakout succeeds) Golden Harbor (Support) : Near support: 3622 FVG Dock: 3603 Bullish OB: 3581 – 3585 (strong mid-term support) Market Structure : H1 shows a short-term bearish BoS, retesting support. Main trend remains bullish → possible pullback to 3622 or 3603 before rallying toward 3670+. 🎯 Captain’s Map – Trade Plan ✅ Buy (priority with trend) Entry 1 (FVG): 3603 – 3605 SL: 3592 TP: 3610 – 3615 – 3625 – 365x Entry 2 (Bullish OB): 3581 – 3585 SL: 3572 TP: 3600 – 3620 – 3640 ⚡ Sell (only short scalp at resistance) Sell Zone: 3645 – 3650 SL: 3658 TP: 3635 – 3628 – 3622 ⚓ Captain’s Note “The Golden sails remain full of wind as the FED is almost certain to cut rates. Golden Harbor 🏝️ (3622 – 3603) and the deeper OB 3581 – 3585 are safe havens to follow the bullish tide. If the ship touches Storm Breaker 🌊 (3645 – 3650) , only Quick Boarding 🚤 short scalps are recommended. The larger voyage still heads north, steering Gold toward new highs at 367x.”
OANDA:XAUUSDLong
by CaptainVincent
Caution ahead of US PPI report | Priority on Sell setups🟡 XAU/USD – 10/09 | Captain Vincent ⚓ 🔎 Captain’s Log – Market Context US 10-year bond yields rebound, signaling the market is awaiting key inflation data. At 07:30, US PPI report will be released – a crucial figure that could strongly influence FED rate expectations. Investors are also eyeing US CPI in the coming days to assess the inflation outlook. The US Supreme Court accepted Trump’s appeal, but this news has not yet had a notable impact on Gold. ⏩ Captain’s Summary: Ahead of inflation data, Gold often tends to correct lower due to cautious sentiment. 📈 Captain’s Chart – Technical Analysis Storm Breaker (Key Resistance): Bearish OB: 3654 – 3660 (short-term upper cap) ATH Watchtower: 3700 – 3702 (Sell Zone – possible new ATH test) Golden Harbor (Strong Support): Buy Zone: 3601 – 3602 OB Dock: 3582 – 3585 Currently, price is around 3640 – 3645, after a technical rebound from support. High probability that Gold will retest nearby resistance before a downward correction. 🎯 Captain’s Map – Trade Scenarios ⚡ Quick Boarding (SELL – Daily Priority) Entry 1: 3654 – 3660 SL: 3668 TP: 3654 → 3650 → 3618 → 3610 Entry 2 – ATH Test: 3701 – 3703 SL: 3711 TP: 3688 → 3675 → 3665 → 365x ✅ Golden Harbor (BUY – Only at deep support) Buy Zone: 3601 – 3603 SL: 3592 TP: 3610 → 3620 → 3630 ⚓ Captain’s Note “The golden ship faces turbulent seas today as it sails near Storm Breaker 🌊 (3654 – 3660) . Before the fierce winds called US PPI , sailors should prioritize dropping anchor with short-term SELL positions at resistance. Golden Harbor 🏝️ (3601 – 3603) remains a safe haven below, but only when the ship corrects deeply should it dock. On this voyage, Quick Boarding 🚤 is for scalp maneuvers, while the main current is still steered by the stormy waves of inflation.”
OANDA:XAUUSDLong
by CaptainVincent
XAU/USD – Captain Vincent Update | 15m Outlook🔎 Captain’s Log – Market Structure On the 15-minute timeframe (M15) , price just formed a Break of Structure (BoS) above the previous accumulation zone → confirming temporary control by the Buy side. However, the Bearish Order Block (H1 Zone) around 3655 is being tested, marking a key resistance area. 📈 Captain’s Chart – Bullish Scenario If price holds above the OB zone 3644 – 3655 , buying pressure may continue to push the ship toward the Weak High 3674 . Further ahead, the next destination is Storm Breaker Peak (3701 – 3708) – where strong selling reactions are expected. 📉 Captain’s Chart – Bearish Scenario After sweeping liquidity and touching the Storm Breaker (Sell Zone) , Gold may reverse lower. Key level to monitor: OB 3644 . If this area breaks, the market could open a deeper bearish leg. 🎯 Captain’s Map – Key Levels Golden Harbor (Support) : 3644 – 3655 (OB retest zone) Target (Bullish) : 3674 → 3701 – 3708 Storm Breaker (Sell Zone) : 3701 – 3708 Invalidation : Break below 3644 opens a new bearish journey ⚓ Captain’s Note “The Golden sails have just caught new wind after a BoS , showing that the captain and crew still hold a short-term advantage. Golden Harbor 🏝️ (3644 – 3655) is the key dock to sustain the bullish trend. If Gold clears the Weak High 3674 , the ship may head straight to Storm Breaker 🌊 (3701 – 3708) , where reversal waves are likely to rise. While the short-term tide remains bullish, Storm Breaker still hides major risks – sailors must sail with strict risk management discipline.”
OANDA:XAUUSDShort
by CaptainVincent
BASF India – 53% Correction Nearing Wave 5 SupportBASF India, a leading chemicals producer, has witnessed a sharp correction from its euphoric highs of ₹8,750. In just a few months, the stock retraced nearly 53%, wiping out more than half its gains. Wave count From the ATH, price unfolded into a 5-wave impulse decline, bottoming near ₹4,065. This completed the Wave A of the zigzag. The subsequent recovery to ₹5,424 shaped up as a clear A-B-C corrective rally. Since then, the stock has been carving out another 5-wave decline, now progressing towards its final leg (Wave 5 and eventually Wave C of the zigzag). The support zone around ₹4,000 remains crucial — a likely area for Wave 5 to bottom. Momentum Check RSI sits near 43, showing weakness. No strong bullish divergence yet, which hints at the possibility of one last dip before a reversal attempt. Outlook If Wave 5 completes around the ₹4,000 zone, this could complete the ABC zigzag and BASF India could set the stage for a larger rebound sequence into 2026. If price breaks below 4000 convincingly and continues the downtrend, then we are in for a further deep correction. ⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:BASFShort
by WaveXplorer
Trent Ltd – Double Zigzag Correction in PlayAfter topping out at ₹8,345, Trent has been locked in a larger corrective structure that now appears to be unfolding as a W–X–Y double zigzag on the weekly chart. Wave Count Wave W bottomed at ₹4,715 as a clear ABC. The rally to ₹6,261 completed Wave X. Price is now progressing in Wave Y, where: Wave A has unfolded, Wave B topped at ₹5,674, Wave C is expected to continue lower. Key Levels Target 1 (1.0 extension): ₹4,370 Target 2 (1.618 extension): ₹3,565 Stop-loss / Invalidation: Trading level: ₹5,674 (Wave B high) Structural level: ₹6,261 (Wave X high) RSI Check RSI remains below 50, confirming bearish momentum. Conclusion The correction appears incomplete with scope for another leg down before a larger recovery can begin. While the working invalidation sits at ₹5,674, structurally the bearish count holds until ₹6,261 is broken. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:TRENTShort
by WaveXplorer
Infy Trades Sideways Since 2022, Offering Support-Driven Entry OTopic Statement: Infosys has remained stuck in a broad sideways zone since 2022, with strong support levels offering promising long-term accumulation signals. Key Points: 1. The stock has been range-bound between 1400 and 2000, repeatedly failing to break above the upper resistance 2. It currently stands on the 38.2% Fibonacci retracement level, where it is receiving strong support 3. Price is below the 200-day EMA, making the stock technically oversold and presenting an attractive investment opportunity
NSE:INFY
by yogeshwar
Gold Plan - Waiting for a pullback to Buy safely | New ATH ahead🟡 XAU/USD – 09/09 | Captain Vincent ⚓ 🔎 Captain’s Log – News Context FED : The probability of a September rate cut is now almost certain, reinforcing confidence that flows will continue moving into Gold. Dollar : Dropped to a 7-week low due to FED rate cut expectations, adding further support for Gold. US Economic Data : No major news today, the market focus remains on interest rates. ⏩ Captain’s Summary: Gold remains in a strong uptrend. However, Vincent advises waiting for a pullback into support to Buy safely , avoiding chasing price at higher levels. 📈 Captain’s Chart – Technical Analysis Storm Breaker (Resistance / Sell Zone) : Quick Boarding: 3654 – 3656 (Short-term Sell scalp) Storm Breaker Peak: 3673 – 3675 (Sell zone – potential new ATH) Golden Harbor (Support / Buy Zone) : Buy Scalp Dock: 3615 – 3617 Main Golden Harbor: 3597 – 3599 (Strong support) Price structure remains bullish after multiple BOS – Break of Structure. Current highs may trigger short-term profit-taking waves before Gold pulls back to Golden Harbor and then rallies toward ATH 367x . 🎯 Captain’s Map – Trade Scenarios ✅ Golden Harbor (BUY – Priority with trend) Buy Scalp: 3615 – 3617 | SL: 3598 | TP: 3620 → 3623 → 3626 → 3630 → 36xx Main Buy Zone: 3597 – 3599 | SL: 3589 | TP: 3660 → 3663 → 3666 → 3670 → 36xx ⚡ Quick Boarding (SELL Scalp – Only at resistance) Sell Zone 1: 3654 – 3656 | SL: 3662 | TP: 3650 → 3647 → 3644 → 3640 → 36xx Sell Zone 2 – Storm Breaker Peak (ATH test): 3673 – 3675 | SL: 3682 | TP: 3670 → 3667 → 3664 → 3660 → 36xx ⚓ Captain’s Note “The interest rate winds from the FED continue to power the Golden sails. Golden Harbor 🏝️ (3597 – 3599) is the safe haven for sailors trusting the bullish tide. Quick Boarding 🚤 (3615 – 3617) is just a short ride before the voyage resumes. Storm Breaker 🌊 (3654 – 3675) may bring big waves, but it’s only suitable for technical scalps – as the main current still carries Gold toward new highs.”
OANDA:XAUUSDLong
by CaptainVincent
1
Birlasoft: Running or Expanded Flat Correction [3-3-5] in PlayAfter completing a strong rally to ₹861.85(identified as Wave B), Birlasoft has been locked in a corrective structure that is shaping up as a flat . At this stage, it remains open whether this develops as a Running Flat or an Expanded Flat . The Structure So Far Wave A bottomed at ₹251.90, setting the first leg of the correction. Wave B extended sharply to ₹861.85, exceeding the prior Wave 3 peak. Wave C has unfolded in five waves, with Wave (iii) bottoming at ₹331 — exactly the 100% Fibonacci extension of Wave (i) projected from Wave (ii). Key Levels to Watch ₹251.90 → If price holds above, Wave 4 qualifies as a Running Flat . If broken below , Wave 4 shifts into an Expanded Flat . ₹452 → The Wave (iv) high acts as the bearish invalidation level . RSI Context The RSI remains weak , Wave 4 often ends with bullish divergence in its fifth wave , which could trigger the start of the next impulse — Wave 5. Moving Averages A weekly 50/200 MA crossover confirms broader weakness, but such crossovers often come late in the cycle, which might suggest that Wave 4 may be nearing exhaustion. Outlook Birlasoft’s correction is in its final stages. A bullish divergence on RSI, combined with price stability above ₹251.90, could set the stage for Wave 5 rally to new highs . Conversely, a break below this critical level confirms an Expanded Flat and delays the bullish sequence. Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.
NSE:BSOFTShort
by WaveXplorer