Bulls coming in on the Nifty50 indexHello,
Since June 27th, 2025, the Nifty 50 index has been undergoing a correction phase, reflecting a temporary pause in the market's strong upward trend. Recent market data, however, indicates that this corrective phase is likely behind us, paving the way for renewed bullish momentum. This development offers a timely opportunity for investors to consider entering the market.
The correction served as a healthy consolidation, allowing for the market to digest previous gains and set a firmer foundation for the next upward move. The index has stabilized at attractive levels, making the current price point an excellent entry for risk-averse investors seeking upside potential with a favorable risk-reward balance.
Our technical analysis suggests that the Nifty 50 is poised to advance toward and potentially exceed the 27,000 mark in the near term.
Good luck & happy investing
Community ideas
Buy/Hold/Sell research report for HDFC Bank LimitedHDFC Bank is a fundamentally strong, fairly valued large-cap private sector bank. Technical breakout and upside to intrinsic value support a “Buy” for medium-term investors; passive holders can remain invested, while short-term traders should consider booking profits above ₹1,080. Target price: ₹1,080–₹1,120 in 3–6 months, long-term fair value ₹1,200..
HDFC Bank remains a leading performer with strong metrics, though ICICI Bank shows slightly better ROE and lower P/E.
Technical Analysis
Trend & Momentum: HDFC Bank has gained 3.7% over one month and 18.1% over one year, outperforming most private sector peers. The last quarter saw a price momentum shift upward, supported by strong volume (20-day average: ~21.6 million shares).
Support & Resistance: The stock currently trades at ₹1,002.55, with a 52-week high of ₹1,018.85 and a low of ₹812.15. Recent breakout above ₹995 level has triggered fresh buying, and seasonally, October is positive for HDFC Bank (11 out of 17 years ended higher; average October gain: 1.67%).
Volume & Liquidity: Large cap stock with healthy liquidity; delivery averages at 63.2%, indicating strong investor participation.
Fundamental Analysis
Valuation: P/E ratio at 21.82 and P/B at 2.97 are close to sector averages, indicating HDFC Bank is currently fairly valued (discount of 16% to intrinsic value).
Intrinsic Value: Median modeled intrinsic value is ₹1,199.82; current price offers a potential 20%+ upside to fair value.
Profitability: Robust Return on Equity (ROE) at 13.56%, year-on-year profit after tax growth of 9.32%, and NIM (Net Interest Margin) at 3.47%.
Balance Sheet Strength: Market Cap above ₹1.54 lakh crore; capital adequacy at 19.5% (well above regulatory requirements).
Dividend Yield: Attractive at 2.19%, contributing to total shareholder returns.
Governance: No pledged promoter shares; top-tier corporate governance.
Buy, Hold, Sell Assessment
Buy: Suitable for investors seeking exposure to stable, large private banks with high earnings quality. The breakout above ₹995 and momentum setup positions HDFC Bank well for a medium-term move toward intrinsic value.
Hold: Current holders can stay invested, benefiting from regular dividends, resilient earnings, and the expectation of sectoral re-rating.
Sell: For trading-only investors, if the price nears ₹1,050–₹1,080 in the coming months or if support at ₹985 fails, consider profit-booking or applying stop-loss management.
Disclaimer: lnkd.in
Gold (XAUUSD) Technical AnalysisGold (XAUUSD)🟡
Timeframe: 1H
Current Price: $3,989
Market Overview:
Gold prices are consolidating near the $3,985–$3,990 zone after recovering from recent lows. The metal maintains bullish momentum supported by strong price action above short-term moving averages, with buyers regaining control amid stable US Dollar movement.
Indicator Analysis:
1. EMA (Exponential Moving Average):
The price is currently trading above the 21-EMA and 50-EMA, indicating a short-term bullish bias.
As long as Gold holds above the 21-EMA ($3,982), momentum remains favorable for buyers.
2. VWAP (Volume Weighted Average Price):
Price is above VWAP, suggesting active buying pressure and potential continuation toward the next resistance zones.
The VWAP band support sits around $3,977, acting as a key intraday cushion.
3. Bollinger/VWAP Bands:
Price is testing the upper VWAP band, showing possible short-term resistance but overall strength in the trend.
Any pullback toward mid-band levels ($3,975–$3,980) could attract new buying interest.
Key Levels:
Immediate Resistance: $4,000 / $4,015
Major Resistance: $4,035 / $4,050
Immediate Support: $3,980 / $3,972
Major Support: $3,965 / $3,950
Technical Bias:
Bullish above: $3,980
Neutral zone: $3,970–$3,980
Bearish below: $3,965
Outlook:
Gold remains in a short-term uptrend, with momentum favoring further upside as long as it holds above $3,980. A clean breakout above $4,000 could open room toward $4,015–$4,035. Conversely, a drop below $3,970 would signal weakening momentum, potentially retesting the $3,950 zone.
DELHIVERY Suggested StrategyDelhivery is a promising logistics stock showing recent operational turnaround, but currently trades at a stretched valuation with moderate growth prospects. Analysts recommend cautious accumulation or holding, rather than aggressive buying at current levels.
Target Projection
Target zones: ₹500–₹625
Current Price: ₹465
Upside potential: 6–29% if targets are met, but valuation leaves limited margin for aggressive entry.
Growth & Profitability
Q2 FY25 revenue: ₹2,190 crore (13% YoY growth)
PAT: ₹10 crore (second consecutive profitable quarter; signals gradual turnaround)
EBITDA margin: Improved (₹57 crore), net profit margin remains low (2.2%).
Valuation Analysis
PE (TTM): ~175.79 (high vs industry, reflects premium pricing)
Price/Book: ~3.7 (also on higher side)
Intrinsic value models suggest stock is overvalued by ₹215–₹158 above fair value estimates
Key Risks
Overvaluation risk: Stock prices significantly above many fair value models
Competitive risk: Sector heating up, may impact growth/margins
Volatility risk: Possible for sharp corrections in the short term.
Suggested Strategy
Accumulate only on dips toward ₹350–₹420 zone (closer to fair value)
Hold if already invested; consider profit booking if price sharply rallies beyond target zones
Aggressive buying is not advised at current valuation.
Disclaimer: lnkd.in
INDUS TOWER : LongChart Type: Weekly (each candle = 1 week)
Indicators: 20 EMA + RSI (Relative Strength Index)
Pattern Highlighted: Bullish Engulfing near support
Volume: Rising on the bullish candle
Price Action Zone: From ₹320–₹460 range
Support Zone: Around ₹320–₹330
This zone acted as a base multiple times — buyers consistently defended it. A strong bullish engulfing pattern formed at the support, followed by a high-volume breakout above the 20 EMA.
This pattern often signals reversal from downtrend to uptrend.
Price has reclaimed the 20 EMA after several weeks below it — a short-term bullish sign. RSI rebounded from near 40 levels and is now rising toward 60 — confirms improving momentum.
Resistance Levels:
First resistance: ₹430–₹435
Second resistance / target zone: ₹460
🟩 Trading Plan
Entry: Aggressive entry: Near ₹395–₹400 (current level after bullish confirmation).
Conservative entry: On a retest of ₹370–₹380 (if price pulls back to 20 EMA).
Confirm entry on a weekly close above ₹400 with sustained volume.
Stop Loss (SL):
Place SL below ₹340 (below bullish engulfing low and support zone).
Risk per trade ≈ ₹60 (400–340).
Take Profit (Targets):
Target 1: ₹430 → Partial profit booking zone (~8% gain).
Target 2: ₹460 → Previous swing high / full target (~15% gain).
Extended target (if momentum strong): ₹500+ (psychological level).
Risk–Reward Ratio:
Entry ₹395–₹400
Stop Loss ₹340
Target 1 ₹430 → 1:0.6
Target 2 ₹460 → 1:1.3
Good setup for swing trade with clear technical confluence.
Elliott Wave Analysis XAUUSD – November 6, 2025🔹 Momentum
D1 timeframe:
The D1 momentum is now closing in, signaling a possible transition phase with two potential outcomes:
• If today’s D1 candle closes bullish (green): momentum is likely to reverse upward, suggesting a short-term bullish correction.
• If today’s candle closes bearish (red): the downtrend may continue.
The current momentum behavior is unusual, reflecting market indecision between buyers and sellers after a strong decline. As a result, even a small impulse from either side could cause a quick momentum shift.
H4 timeframe:
Momentum on H4 is still in a downward phase but already showing early signs of closing and potential bullish reversal.
• If the current H4 candle closes bearish, the downtrend may extend.
• If it closes bullish and momentum turns upward, price could retest the 4028 zone.
H1 timeframe:
Momentum on H1 is now entering the oversold area, indicating that a reversal could occur within 1–2 more H1 candles.
If momentum turns down again from resistance, this could offer an opportunity for a short-term sell (scalp) around the nearest liquidity zone.
________________________________________
🔹 Wave Structure
D1 timeframe:
As discussed in previous plans, the current structure still forms a W–X–Y correction in yellow, representing wave (4) of the larger cycle.
• The W wave has already reached the 0.382 retracement of wave (3) yellow — which often marks the typical end zone of wave 4.
• Therefore, the following X and Y waves may take longer to complete to maintain time balance within wave (4).
Meanwhile, the X wave (purple) remains relatively shallow, having retraced only about 0.236 of wave W (purple). Combined with the still-uncertain momentum discussed above, a potential rise toward the 4149 zone remains a realistic scenario.
However, if today’s D1 candle closes bearish, price could continue lower to complete wave Y (purple).
Given the current structure favors time balance rather than depth, this Y wave may unfold sideways rather than deeply downward.
At this stage, price is compressed within a narrow range, reflecting market hesitation. It’s best to wait for major catalysts such as the Nonfarm Payrolls report, which could trigger the next decisive move.
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H4 timeframe:
The current X wave is developing within a narrow range under the form of a contracting triangle (a–b–c–d–e).
A triangle can only be confirmed once all five internal legs are completed.
Once that happens, a breakout above or below the triangle boundaries will define the next direction.
👉 For now, observation should be prioritized over action.
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H1 timeframe:
Wave labeling on H1 is somewhat noisy due to overlapping three-wave structures within a tightening range.
Tentatively, the labeling shows a W–X–Y correction in green, where wave X appears to be a triangle formation.
A final small drop forming wave e could complete this triangle (wave X in green). Once it’s done, a new Y wave in green may start unfolding upward.
________________________________________
🔹 Summary
At present, the market remains noisy and compressed, making it unsuitable for swing entries.
• Avoid swing positions until the structure and momentum become clearer.
• Focus only on short-term scalp setups around key liquidity zones identified earlier.
• Wait for confirmation of direction and structure before committing to larger trades.
XAUUSD – INTRADAY BULLISH SCENARIO – TARGET 4050💛 XAUUSD – INTRADAY BULLISH SCENARIO – TARGET 4050 🎯
🌤 1. Overview
Hello everyone 💬
Although the larger timeframe for gold still leans towards a bearish trend, today in the short term, I prioritise a bullish scenario.
On the M30 timeframe, the price structure is gradually increasing, indicating that short-term capital is shifting to the buying side.
Zone 3990 is a very important area – where a Break of Structure (BOS) has just appeared and is also a strong resistance that has reacted multiple times before.
Price needs to confirm breaking this zone to continue expanding the bullish trend.
💹 2. Technical Analysis (ICT Perspective)
📈 An ascending structure (BOS) has formed on M30.
🟣 Buy Zone 3977–3979 coincides with the support trendline – a beautiful confluence point for buyers.
🔹 Resistance zone 3990–4000 is the area to confirm the main direction.
💫 Higher target: Fibonacci Extension 1.618 around 4049–4050, coinciding with the psychological resistance 4050.
🎯 3. Trading Plan Reference
💖 MAIN BUY (priority)
Entry: 3977–3979 | SL: 3970
TP: 3988 – 4000 – 4022 – 4040 – 4050
💢 SHORT SELL (when price reacts strongly at resistance)
Entry: 4012–4014 | SL: 4020
TP: 4002 – 3988 – 3965
⚠️ 4. Important Notes
Price needs to confirm through zone 3990 to reinforce the bullish trend.
If it breaks below 3970, the ascending structure is temporarily invalidated.
Today, prioritise buying according to the capital flow, sell only when there is a clear signal at the resistance zone.
🌷 5. Conclusion & Interaction with LanaM2
Gold is showing positive signals 💛
Patiently wait for reactions at the Buy Zone 3977–3979, this could be the starting point for a new upward move towards 4050.
This is not investment advice, just a personal perspective according to the ICT method.
If you find it useful, please 💛 like – 💬 comment – 🔔 follow LanaM2 to update gold analysis with me every day ✨
NIFTY KEY LEVELS FOR 06.11.2025NIFTY KEY LEVELS FOR 06.11.2025
Timeframe: 3 Minutes
If the candle stays above the pivot point, it is considered a bullish bias; if it remains below, it indicates a bearish bias. Price may reverse near Resistance 1 or Support 1. If it moves further, the next potential reversal zone is near Resistance 2 or Support 2. If these levels are also broken, we can expect the trend.
When a support or resistance level is broken, it often reverses its role; a broken resistance becomes the new support, and a broken support becomes the new resistance.
If the range(R2-S2) is narrow, the market may become volatile or trend strongly. If the range is wide, the market is more likely to remain sideways
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📢 Disclaimer
I am not a SEBI-registered financial adviser.
The information, views, and ideas shared here are purely for educational and informational purposes only. They are not intended as investment advice or a recommendation to buy, sell, or hold any financial instruments.
Please consult with your SEBI-registered financial advisor before making any trading or investment decisions.
Trading and investing in the stock market involves risk, and you should do your own research and analysis. You are solely responsible for any decisions made based on this research.
Bank Nifty Breakdown – Rising Wedge Breakdown Hints sellingBank Nifty has recently shown a significant technical development that could mark a short-term reversal: a breakdown from a rising wedge pattern below its support trendline. The rising wedge is generally a bearish reversal pattern when occurring after an uptrend, and in this case, the structure has played out with textbook precision.
Initially, Bank Nifty attempted to break above the resistance zone around 58,200–58,400, but it failed to sustain the move. This fake breakout, often referred to as a bull trap, is a strong bearish signal—especially when followed by a clean breakdown of the support line, as seen near the 57,800 level. The price has now convincingly moved below this support zone, confirming a potential trend reversal.
The pattern's height, which represents the distance between the highest swing high and lowest swing low within the wedge, has been used to project the downside targets. According to this breakdown setup, the following bearish targets are now in play:
Target 1: 57,550
Target 2: 57,050
Projected Final Target: 56,650
These targets are marked clearly on the chart and represent areas where price action may find temporary support or experience short-covering bounces. However, unless Bank Nifty reclaims the upper wedge zone and invalidates the breakdown, the path of least resistance remains downward.
What makes this move even more credible is the series of lower highs formed under resistance, showing consistent selling pressure. Simultaneously, the failed breakout has likely triggered stop losses of aggressive long positions, adding to the downward momentum.
Traders should now watch for confirmation of this breakdown with volume and follow-through candles. Any bounce back to the 57,800–58,000 zone should be approached with caution, as it may act as a fresh supply zone unless strongly reclaimed.
Multiple times tested level_Bullish candle formationNSE:JIOFIN
The script has shown the bullish level at important candles at Rs 306 (Formed bullish candle on 26 jun, 29 jul, 6 oct ) went down for liquidity swaps and formed the 'W' patten between 7 oct to 15 oct.
This analysis is for wing trade/Positional only.
Buy at 313
Sl 304
target 327
#NIFTY Intraday Support and Resistance Levels - 06/11/2025Nifty is expected to open with a gap up near the 25,750 zone, showing early signs of recovery after a recent decline. The opening above the immediate resistance area indicates potential buying interest, but sustained momentum will be key to confirming a reversal.
If Nifty holds above 25,750–25,780, it may extend its move toward 25,850, 25,900, and 25,950+. A breakout above 25,950 could trigger further upside toward 26,000–26,050, strengthening the short-term bullish bias.
On the downside, initial support lies near 25,700–25,650. A failure to sustain above this zone could lead to renewed selling pressure toward 25,600, 25,550, and 25,500, which remains a crucial support level for the day.
Overall, with a gap up opening near 25,750, sentiment is expected to remain mildly positive as long as the index sustains above 25,700. Traders should monitor price action near the 25,900 zone for potential resistance and use a trailing stop loss to protect profits in case of volatility.
[INTRADAY] #BANKNIFTY PE & CE Levels(06/11/2025)Bank Nifty is expected to open slightly gap up near the 57,850–57,900 zone, indicating mild positive sentiment after a period of consolidation. The index has been trading in a tight range for the past few sessions, and a decisive breakout is likely to set the next short-term trend.
If Bank Nifty sustains above 57,900–58,000, it may attempt a move toward 58,100, 58,250, and 58,350+ levels. A breakout above 58,450 will further strengthen bullish momentum, opening the path toward 58,600–58,750.
On the downside, immediate support is placed at 57,750–57,700. A fall below this zone could invite selling pressure, dragging the index toward 57,550, 57,450, and 57,250, while a further decline below 57,050 may extend the weakness.
Overall, with a slightly gap up opening, the index is expected to stay range-bound between 57,700–58,200 during the early session. Traders should focus on breakout confirmation above 58,000 or breakdown below 57,700 for clear intraday direction, while maintaining strict stop losses due to potential intraday volatility.
NIFTY Levels for TodayHere are the NIFTY's Levels for intraday (in the image below) today. Based on market movement, these levels can act as support, resistance or both.
Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop loss) for each SELL trade should be the previous GREEN candle above the given level.
Note: This idea and these levels are only for learning and educational purpose.
Your likes and boosts gives us motivation for continued learning and support.
BANKNIFTY Levels for TodayHere are the BANKNIFTY’s Levels for intraday (in the image below) today. Based on market movement, these levels can act as support, resistance or both
Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop loss) for each SELL trade should be the previous GREEN candle above the given level.
Note: This idea and these levels are only for learning and educational purpose.
Your likes and boosts gives us motivation for continued learning and support.
JIOFIN - Demand Zone- Identified a strong demand zone based on recent price reactions and consolidation behavior
- Zone aligns with prior accumulation and breakout structure, suggesting buyer interest
- Price has shown multiple rejections from this area, reinforcing its significance
- Volume profile indicates supportive buying activity during dips into the zone
- Risk-reward setup favors long entries with defined invalidation below the zone
- Ideal for swing setups with confirmation from broader market sentiment.
I will exit this stock withing 14 days.
Nifty Trading Strategy for 06th November 2025📊 NIFTY Intraday Trading Plan (15-Min Chart)
🕒 Strategy:
Wait for the 15-minute candle to close before taking any trade.
🟩 BUY Setup
✅ Condition:
Buy only if the 15-min candle closes above ₹25,656
🎯 Targets:
1️⃣ ₹25,680
2️⃣ ₹25,712
3️⃣ ₹25,740
🛑 Stop Loss (SL): Below the 15-min candle low
🟥 SELL Setup
✅ Condition:
Sell only if the 15-min candle closes below ₹25,540
🎯 Targets:
1️⃣ ₹25,510
2️⃣ ₹25,475
3️⃣ ₹25,444
🛑 Stop Loss (SL): Above the 15-min candle high
📌 Guidelines for Beginners:
⚡ Always wait for candle close confirmation (don’t jump in early).
💰 Risk small — never risk more than 1–2% of your capital per trade.
📉 Avoid trading during major news events or gap openings.
📊 Use basic indicators like Volume and VWAP for confirmation.
🧘 Stay calm and follow your plan — discipline is key!
⚠️ Disclaimer:
I am not a SEBI registered analyst.
This setup is for educational and informational purposes only — trade at your own risk.
💼 Do your own analysis before taking any trade.






















