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Nifty Intraday Analysis for 02nd January 2026NSE:NIFTY
Index has resistance near 26300 – 26350 range and if index crosses and sustains above this level then may reach near 26500 – 26550 range.
Nifty has immediate support near 25975 – 25925 range and if this support is broken then index may tank near 25775 – 25725 range.
Range bound moments are expected as low participation due to new year weekend.
Banknifty Intraday Analysis for 02nd January 2026NSE:BANKNIFTY
Index has resistance near 60100 – 60200 range and if index crosses and sustains above this level then may reach near 60600 – 60700 range.
Banknifty has immediate support near 59300 - 59200 range and if this support is broken then index may tank near 58800 - 58700 range.
Range bound moments are expected as low participation due to new year weekend.
Finnifty Intraday Analysis for 02nd January 2026 NSE:CNXFINANCE
Index has resistance near 27875 - 27825 range and if index crosses and sustains above this level then may reach near 28150 - 28200 range.
Finnifty has immediate support near 27450 – 27400 range and if this support is broken then index may tank near 27175 – 27125 range.
Range bound moments are expected as low participation due to new year weekend.
Midnifty Intraday Analysis for 02nd January 2026NSE:NIFTY_MID_SELECT
Index has immediate resistance near 13975 – 14000 range and if index crosses and sustains above this level then may reach 14125 – 14150 range.
Midnifty has immediate support near 13725 – 13700 range and if this support is broken then index may tank near 13575 – 13550 range.
Range bound moments are expected as low participation due to new year weekend.
#JSL - VCP BO in WTFScript: JSL
⚡Key highlights: 💡
📈 VCP BO in WTF
📈 Volume spike seen during Breakout
📈 MACD Bounce
📈 RS Line making 52WH
📈 Sector is strong
If you have any doubts about the setup, drop a comment and I’ll reply.
✅Boost and follow to never miss a new idea! ✅
⚠️ Important: Always Exit the trade before any Event.
⚠️ Important: Always maintain your Risk:Reward Ratio as 1:2, with this RR, you only need a 33% win rate to Breakeven.
⚠️Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Part 1 Intraday Trading Master Class Advantages of Options Trading
1. Leverage
With a small premium, you control a large position. This allows higher returns on small capital.
2. Controlled Risk for Option Buyers
When you buy options, the maximum loss is only the premium paid.
3. Profit in Any Market Condition
Option strategies allow you to profit in:
Uptrend
Downtrend
Sideways/Range-bound markets
Volatile markets
4. Hedging
Options can be used to protect your portfolio from adverse movements. Many big institutions use options to hedge risk.
PCR Trading Strategies How Option Trading Works
Option trading revolves around predicting future price movement.
Example: Buying a Call Option
Suppose Nifty is trading at 22,000. You believe it will rise to 22,300 within a week. Instead of buying Nifty futures or stocks, you can buy a 22,200 CE (Call European) option.
Strike Price: 22,200
Premium: ₹80
Lot Size: 50
Total cost = ₹80 × 50 = ₹4,000.
If Nifty moves to 22,300, the intrinsic value becomes:
22,300 – 22,200 = 100.
Premium may rise to ₹100–120, giving you profit.
Example: Buying a Put Option
If Nifty is at 22,000 and you expect it to fall to 21,800, you might buy 21,900 PE.
If the market falls as expected, the premium increases and you profit.
Updated Positional View for Nifty from January to March, 2026Wrap up:-
After breaking ATH of 26277 dated 27.09.2024, Major wave X has been shifted further and pattern counts has been changed at major level. Now, wave w of major wave x has been completed at 26277 and wave x is in progress.
In wave x, a is completed at 23263 and b is expected to be completed at 26420 and thereafter nifty breaks and sustains below 24633 (which is 38.2% of 21743 to 26420). Thereafter, Nifty will head towards wave c for a min. target of 23406.
But, the range is very large in between 26420 and 24633. So, we have to check internal pattern of Nifty which is currently in progress i.e. wave 5 from 24337. In this pattern, Nifty is forming a wxy pattern. Wave w has been completed at 25448 and wave x at 25318 and wave y is expected to be completed at 26420.
In wave y, wave a is completed at 26010 and b is completed at 25693 and heading towards wave c, Nifty forming a Ending Diagonal pattern in wave c.
In wave c of y of 5, wave 1 is completed at 26057, wave 2 at 25726, wave 3 at 26236, wave 4 at 25878 and now, nifty is in final wave 5 of wave c.
Short Nifty @26420 sl 26600 (daily closing basis) for a target of 25133-24962-24633-23530-23146.
Disclaimer: Sharing my personal market view — only for educational purpose not financial advice.
Natural Gas : Bullish with the key level 2.600Earlier I posted but it this post I changed the count of motive waves instead of impulse wave!
i:e: taking this whole upside move as an expanding diagonal structure
which suggest wave 3 of higher degree can take the prices up to 6.500
key level for this scenario is 2.600
XAU/USD: Retrace to Supply, Await Next Move Reaction◆ Market Context (M30)
After the previous sharp decline, gold has formed an upward CHoCH and upward BOS, confirming a short-term recovery. The price is currently approaching the upper Supply zone, where strong selling pressure was previously observed.
◆ Structure & Flow (SMC)
• The nearest bottom is held firm at Demand / OB, indicating that buying flow is still effective.
• The current upward move is characterized by recovery + rebalancing, not a breakout of a major trend.
• The upper Supply zone is the area to watch for price reaction to confirm the next direction.
◆ Key Levels
• Supply Zone: ~4,390 – 4,401
• Buy Fibo (scalp / pullback): ~4,345 – 4,350 (Fibo 0.5)
• Demand / OB: ~4,305 – 4,315
• Upper Liquidity: ~4,430+
◆ Trading Scenarios
➤ Scenario 1 – BUY pullback (priority when structure holds)
• Price retraces to 4,345 – 4,350
• Price holding reaction / candle rejecting decline appears
• Target: 4,390 → 4,430
• Invalid: M30 closes below 4,315
➤ Scenario 2 – SELL reaction at Supply (short-term)
• Price hits 4,390 – 4,401 but does not break
• Rejection / breakdown appears on M5–M15
• Target: 4,350 → 4,320
• This is a counter-trend scalp, not the main trend.
◆ Summary
• Short-term bias: Sideway → Slightly Bullish, prioritize BUY on retrace.
• Upper Supply is the decisive zone: strong break → continued rise, rejection → technical correction.
• Avoid FOMO in the middle range, wait for price to reach confluence zone.
XAUUSD (ONDA) IntraSwing Levels For 02nd - 03rd JAN2026(3.30 am) $💰$ 🏃🏽 🏃🏼♀️ 🏃🏽♂️ $💰$
💥 Have a Pr💰fitable
New Year 2️⃣0️⃣2️⃣6️⃣🚀
1st Trading Day of New SUN
💥Level Interpretation / description:
L#1: If the candle crossed & stays above the “Buy Gen”, it is treated / considered as Bullish bias.
L#2: Possibility / Probability of REVERSAL near RLB#1 & UBTgt
L#3: If the candle stays above “Sell Gen” but below “Buy Gen”, it is treated / considered as Sidewise. Aggressive Traders can take Long position near “Sell Gen” either retesting or crossed from Below & vice-versa i.e. can take Short position near “Buy Gen” either retesting or crossed downward from Above.
L#4: If the candle crossed & stays below the “Sell Gen”, it is treated / considered a Bearish bias.
L#5: Possibility / Probability of REVERSAL near RLS#1 & USTgt
HZB (Buy side) & HZS (Sell side) => Hurdle Zone,
*** Specialty of “HZB#1, HZB#2 HZS#1 & HZS#2” is Sidewise (behaviour in Nature)
Rest Plotted and Mentioned on Chart
Color code Used:
Green =. Positive bias.
Red =. Negative bias.
RED in Between Green means Trend Finder / Momentum Change
/ CYCLE Change and Vice Versa.
Notice One thing: HOW LEVELS are Working.
Use any Momentum Indicator / Oscillator or as you "USED to" to Take entry.
⚠️ DISCLAIMER:
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. I am not a SEBI-registered financial adviser.
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.
"As HARD EARNED MONEY IS YOUR's, So DECISION SHOULD HAVE TO BE YOUR's".
Do comment if Helpful .
Do Comment for In depth Analysis.
❇️ Follow notification about periodical View
💥 Do Comment for Stock WEEKLY Level Analysis.🚀
Positional View for Nifty from January to March, 2026Wrap up:-
After breaking ATH of 26277 dated 27.09.2024, Major wave X has been shifted further and pattern counts has been changed at major level. Now, wave w of major wave x has been completed at 26277 and wave x is in progress.
In wave x, a is completed at 23263 and b is treated as completed at 26325 once nifty breaks and sustains below 24581 (which is 38.2% of 21743 to 26325). Thereafter, Nifty will head towards wave c for a min. target of 23311.
But, the range is very large in between 26325 and 24581. So, we have to check internal pattern of Nifty which is currently in progress i.e. wave 5 from 24337 to 26325. In this pattern, Nifty is forming a wxy pattern. Wave w has been completed at 25448 and wave x at 25318 and wave y at 26325.
Nifty already break 38.02% of 25318 to 26325 i.e. 25941 also sustains below that. Therefore, we assume once that wave 5 or wave y or wave b of wave x is completed at 26325 and Nifty is heading towards wave C.
In wave c, wave 1 is completed at 26066, Nifty again forming a wxy pattern in wave 2. Wave 2 is treated as completed once nifty breaks and sustains below 26041. Thereafter, Nifty will head towards wave 3 of wave c of wave x.
Short Nifty below 26041 sl 26325 (daily closing basis) for a target of 25097-24934-24575-23494-23311-23118.
Disclaimer: Sharing my personal market view — only for educational purpose not financial advice.
JAMNAAUTO - looks bullish New target can be seen at ₹290.
The stock looks super bullish, especially if it closes above ₹202.
A strong breakout above this level signals robust momentum and buyer confidence, indicating the start of a powerful uptrend. The price action suggests minimal resistance ahead, paving the way for an almost nonstop bullish journey. Traders should watch for sustained volume and confirmation above ₹202 to validate this trend. Once confirmed, the rally could accelerate toward ₹290, offering significant upside potential.
This setup reflects strong technical strength and market sentiment favoring continued gains.
XAUUSD H1 - Liquidity Drives PullbackLiquidity-Driven Correction Inside a Broader Bullish Narrative
Gold is entering a technically sensitive phase after an explosive rally. While the long-term narrative remains bullish, short-term price action suggests the market is rotating around liquidity and Fibonacci extension levels rather than trending cleanly.
TECHNICAL OVERVIEW
On H1, price has transitioned from an ascending channel into a corrective structure, indicating distribution after a strong impulsive leg.
The recent sell-off broke short-term support, but downside momentum is now slowing as price approaches liquidity clusters.
Current behaviour favours range rotation and liquidity hunts instead of straight-line continuation.
PRIORITY SCENARIO – SELL ON RALLIES
Focus on selling into strong liquidity and Fibonacci extensions.
Primary sell zone: 4505 – 4510
Confluence of strong liquidity and Fibonacci 2.618 extension.
Secondary sell zone: 4230 – 4235
Fibonacci 1.618 extension and prior reaction zone.
Expected behaviour:
Price rebounds into these upper liquidity areas, fails to reclaim structure, and rotates lower as sellers defend premium levels.
ALTERNATIVE SCENARIO – BUY FROM LIQUIDITY SUPPORT
If downside liquidity is fully absorbed, look for selective buying setups.
Buy liquidity zone: 4347 – 4350
This area represents short-term value where price may stabilize and attempt a corrective bounce before the next directional decision.
KEY TECHNICAL INSIGHTS
The current move is best viewed as a technical correction, not a long-term trend reversal.
Liquidity zones and Fibonacci extensions are acting as the primary decision points.
Chasing price between zones offers poor risk-to-reward; execution should be level-based.
MACRO CONTEXT – WHY GOLD REMAINS SUPPORTED
The surge in gold prices throughout 2025 revealed what markets increasingly suspect:
Rising geopolitical instability.
A structurally weaker US dollar.
Persistent safe-haven demand.
Gold posted its strongest annual gain in 46 years, echoing the late-1970s bull market. While central banks may avoid highlighting these pressures, price action continues to reflect growing systemic uncertainty.
This macro backdrop supports gold in the medium to long term, even as short-term corrections unfold to rebalance positioning.
SUMMARY VIEW
Short term: trade the correction via liquidity and Fibonacci zones.
Medium to long term: bullish narrative remains intact.
Best edge comes from patience and execution at key levels, not directional bias alone.
Let price come to liquidity — that’s where decisions are made.
Divergence Secrets Key Terms in Options
To trade options effectively, understanding the core terminology is essential.
Strike Price
The pre-decided price at which the buyer can buy (call) or sell (put) the asset.
Premium
The price paid to buy an option. It is the cost of having the right without the obligation.
Expiry Date
The last date on which the option can be exercised. In India, index options expire weekly, and stock options expire monthly.
Lot Size
Options are not traded individually like stocks. Each option contract controls a fixed number of shares called the lot size.
In-the-Money (ITM), At-the-Money (ATM), Out-of-the-Money (OTM)
These terms describe how close the option is to profitability relative to the strike price.
Part 2 Master Candle Patterns What Are Options?
Options are derivative instruments, meaning their value is derived from an underlying asset—usually stocks, indices, commodities, or currencies. An option gives the buyer the right, but not the obligation, to buy or sell the underlying asset at a predetermined price before or on a specific date.
There are two types of options:
1. Call Option
A call option gives the buyer the right to buy an asset at a fixed price (known as the strike price) within a certain time (before expiry).
Traders buy call options when they expect the price to rise.
2. Put Option
A put option gives the buyer the right to sell the asset at a fixed price before expiry.
Traders buy put options when they expect the price to fall.
GCPL – Technical View (Weekly)📉📈 Trend & Structure
Long-term trend had been downward, but price is now attempting a trend reversal.
The stock has formed a symmetrical triangle / falling wedge–type structure.
Recent candles show higher lows, indicating buying interest at lower levels.
Key Levels
Current Price: ~₹1,238
Immediate Resistance: ₹1,260–1,280 (trendline + supply zone)
Major Resistance: ₹1,330–1,350
Supports:
₹1,200 (near-term)
₹1,150 (strong base support)
Momentum Insight
Breakout attempt above ₹1,250 is positive but needs weekly close with volume for confirmation.
Failure to sustain above ₹1,260 may lead to range-bound movement.
Bias (Short-Term)
Neutral to mildly bullish above ₹1,200
Bullish only on confirmed breakout above ₹1,280 with volume
⚠️ Disclaimer
This chart analysis is only for educational and informational purposes and does not constitute investment advice or a recommendation to buy or sell any security.
Technical analysis involves risk and may not always predict future price movements.
Please consult a SEBI-registered investment advisor before taking any investment or trading decision.
The analyst is not responsible for any financial losses arising from use of this analysis.
Strong Accumulation in TRILTransformers & Rectifiers (India) Ltd is showing its strongest bullish signal in months.
After a sharp fall from the ₹600 zone, the stock created a base around ₹250 and has now broken above the 50 EMA with solid momentum.
What makes today’s move significant is the ₹550M (55 crore) block order, which clearly indicates institutional accumulation.
This type of volume typically appears near bottom reversals, not in distribution phases.
What I'm Seeing
Price reclaimed the 50 EMA after ~70+ sessions
Formation of a double-bottom around the ₹250 zone
High-volume bullish candle showing strong demand
Supply around ₹330–345 being absorbed aggressively
Why It Matters
50 EMA breakout = first stage of trend reversal
Big money stepping in confirms accumulation
Stock entering a low-risk accumulation zone
Declining selling pressure & increasing demand
What I Expect Next
Immediate resistance: ₹342–345
Break above it → upside towards ₹383 and ₹422
Sustaining above ₹330 keeps the bullish structure intact
Medium-term potential recovery zone: ₹500–600
Disclaimer
This is not financial advice. Before taking any trading or investing decision, please consult with your financial advisor.
XAU/USD Range Market – Sell from PremiumGold is currently trading in a clear ranging (TR) environment after the recent bullish expansion. On the H1 timeframe, price has reacted from the premium zone near the previous highs, while liquidity remains stacked below the range.
🔻 Sell Scenario:
Price is expected to react from the 4303 – 4306 resistance zone, aligned with prior distribution and rejection. This area favors short-term sell opportunities while the market remains inside the range.
🔺 Buy Scenario:
The 4247 – 4245 zone represents a liquidity pocket below the major value area, offering a favorable risk-to-reward setup. With a tight stop-loss, buy limit orders are valid if price sweeps liquidity and shows reaction.
📌 Key Levels:
Resistance: 4303 – 4306
Support / Liquidity: 4247 – 4245
As long as price stays within the range, sell from premium and buy from discount remains the primary strategy. Always respect stop-loss levels and manage risk accordingly.






















