XAU/USD (Gold Spot vs. U.S. Dollar) 1-hour chart XAU/USD (Gold Spot vs. U.S. Dollar) 1-hour chart on TradingView.
Here’s what I can observe:
There is a symmetrical triangle pattern (a type of consolidation pattern) drawn on the chart.
The price appears to be breaking out upwards from the triangle.
There’s an arrow drawn upward with a “target point” marked above current price levels.
To calculate the target from this breakout:
📈 Symmetrical Triangle Target Formula:
Target = Breakout Point ± (Height of the Triangle)
1. Measure the height of the triangle:
From the highest point of the pattern to the lowest point within the triangle.
Approximate values (from the chart):
High ≈ 4,080
Low ≈ 3,940
→ Height ≈ 140 points
2. Add the height to the breakout level:
Breakout ≈ 4,000
→ Target ≈ 4,000 + 140 = 4,140
🎯 Estimated Target: 4,140 USD
That matches closely with the dashed horizontal line labeled “target point” on my chart — right around 4,120–4,140.
So, my bullish target zone after breakout is approximately 4,120–4,140 USD per ounce.
Community ideas
XAUUSDPrice Action Trading is a method of financial market analysis where traders make buying and selling decisions solely based on the asset's price movements over time, without relying on technical indicators.
It's essentially the art of reading a "naked" or clean chart to understand the psychology and behavior of market participants.
ULTRACEMCO Price ActionUltraTech Cement (ULTRACEMCO) is trading around ₹11,940 to ₹11,950 as of the latest session, after seeing consolidation from its recent all-time high of ₹13,097 set in September 2025. The stock has declined about 1.5% this month and is down around 2.5% over three months, but it remains up by 7–8% over the last year. Price volatility has been low, with average weekly swings of only about 2%—well below sector averages—indicating chart stability for large-cap traders.
The recent quarterly results show revenue of approximately ₹817 billion and a net profit margin close to 9%, but the latest net profit dropped about 44% quarter-on-quarter to ₹12.3 billion, despite revenues still beating estimates. The trailing twelve months (TTM) P/E ratio is about 48, and the book value per share stands at roughly ₹2,400. Delivery volume remains healthy at close to 70%. Promoter holdings are stable at 59.23%. Yield is modest at 0.65%, reflecting the company’s low dividend payout compared to growth retention. Analyst sentiment is mixed to mildly positive, and consensus targets range widely (₹7,600–15,670).
Technically, the stock is currently 8% below its 52-week high. Long-term trend strength remains intact, though further correction is possible if broader sector weakness persists. Price action suggests accumulation near ₹11,900 could see support, while major resistance is up near recent highs.
Sensex Structure Analysis & Trade Plan: 31st OctoberDetailed Market Structure Breakdown
4-Hour Chart (Macro Trend)
Structure: The Sensex is now in a Corrective Phase within its broader uptrend. The price was aggressively rejected from the 85,300 - 85,600 supply zone (recent high). The price has broken below the lower trendline of the immediate ascending channel, confirming a Market Structure Shift (MSS) to the downside. The strong bearish candle closed near the lower boundary of the broader corrective channel.
Key Levels:
Major Supply (Resistance): 84,766 - 85,278. This area (the breakdown level and previous swing high) is the immediate overhead resistance.
Major Demand (Support): 83,800 - 84,200. This area aligns with the lower trendline of the current corrective pattern and a strong FVG (Fair Value Gap), making it the must-hold zone for the medium-term rally .
Outlook: The short-term bias is Bearish. The market is expected to seek lower support levels around 83,800.
1-Hour Chart (Intermediate View)
Structure: The 1H chart clearly shows the massive selling pressure that followed the failure at the high. The price has broken below the 9-period EMA and the lower trendline of the immediate ascending channel. The market is now trading right on the 84,400 support, which is the lower trendline of the channel.
Key Levels:
Immediate Resistance: 84,766 (The breakdown level/FVG).
Immediate Support: 84,200 (Lower boundary of the channel).
15-Minute Chart (Intraday View)
Structure: The 15M chart confirms the steep descending channel formed during the correction. The price closed near the lower boundary of the channel, breaking below the immediate swing low and confirming intraday bearish control.
Key Levels:
Intraday Supply: 84,800 (Upper channel trendline).
Intraday Demand: 84,000 - 84,200.
Outlook: Strongly Bearish for the session open. A "Sell on Rise" strategy is highly favored.
📈 Structure Analysis & Trade Plan: 31st October
Market Outlook: The Sensex witnessed an aggressive reversal after failing to break the recent high, fueled by the US Federal Reserve decision and related FII outflows. The primary strategy is to sell the breakdown or sell into any weak rise.
Bearish Scenario (Primary Plan: Correction Continuation)
Justification: The aggressive rejection from the supply zone and the breakdown of the short-term bullish structure favor continuation toward the main FVG support.
Entry: Short entry on a decisive break and 15-minute candle close below 84,200. Alternatively, short a retest and rejection of the 84,766 level (upper channel/FVG).
Stop Loss (SL): Place a stop loss above 85,000 (above the high of the breakdown).
Targets:
T1: 83,600 (Major FVG demand zone).
T2: 83,111 (Major macro support).
Bullish Scenario (Counter-Trend/Reversal)
Justification: Only valid if the market opens with a massive gap-up that negates the current selling structure, possibly due to a swift change in sentiment post-Fed.
Trigger: A sustained move and close above 85,300.
Entry: Long entry on a confirmed 15-minute close above 85,300.
Stop Loss (SL): Below 84,800.
Targets:
T1: 85,600 (Upper channel boundary).
T2: 86,000 (All-Time High retest).
Key Levels for Observation:
Immediate Decision Point: 84,200 - 84,766 zone.
Bearish Confirmation: Sustained trade below 84,200.
Bullish Warning: A move back above 84,766.
Line in the Sand: 84,200. Below this level, the short-term bullish bias is strongly bearish.
Crucial Event: The US Federal Reserve policy decision (announced post-market yesterday) is the main driver of volatility today.
Banknifty Structure Analysis & Trade Plan: 4th NovemberDetailed Market Structure Breakdown
4-Hour Chart (Macro Trend)
Structure: The Bank Nifty is back in a Strong Bullish Momentum phase, recovering from the sharp sell-off last week (Oct 31, where it closed near the lows). The price has successfully climbed back into the steep ascending channel, confirming a strong retest and bounce from the 57,400 area (implied lower channel boundary).
Key Levels:
Major Supply (Resistance): 58,300 - 58,600. This area encompasses the recent swing high and the All-Time High of 58,577.50. A decisive breakout above 58,600 is critical for further upside.
Major Demand (Support): 57,800 - 58,000. This area, which includes the lower trendline of the current ascending channel and a prior FVG, is the must-hold zone for the short-term uptrend.
Outlook: The short-term bias is Strongly Bullish. The market is poised to challenge the ATH again.
1-Hour Chart (Intermediate View)
Structure: The 1H chart shows a clear Break of Structure (MSS) back to the upside, following the successful re-entry into the ascending channel. The price is trading strongly above the 9-period EMA.
Key Levels:
Immediate Resistance: 58,300 (Upper trendline of the immediate channel).
Immediate Support: 57,900 - 58,000 (Psychological mark and lower channel boundary).
15-Minute Chart (Intraday View)
Structure: The 15M chart confirms the strong reversal. The price is trading at the upper end of the daily range, forming a small bullish continuation pattern right below the 58,300 resistance.
Key Levels:
Intraday Supply: 58,300.
Intraday Demand: 58,000.
Outlook: Aggressively Bullish.
📈 Structure Analysis & Trade Plan: 4th November
Market Outlook: Bank Nifty has shown massive strength, completely negating the sharp selling pressure from last week's end. The focus is on a breakout above the 58,300 resistance for an ATH retest.
Bullish Scenario (Primary Plan: Continuation)
Justification: The successful re-entry into the channel and the V-shaped recovery strongly favor continuation towards the ATH.
Entry: Long entry on a decisive break and 15-minute candle close above 58,300 (breaking the upper channel boundary). Alternatively, look for a dip entry near 58,000 - 58,100 (the immediate support zone).
Stop Loss (SL): Place a stop loss below 57,800 (below the lower channel trendline).
Targets:
T1: 58,577 (All-Time High retest).
T2: 59,000 (Psychological extension target).
Bearish Scenario (Counter-Trend/Reversal)
Justification: High-risk. Only valid if the market fails aggressively at the 58,300 mark.
Trigger: A sustained break and 1-hour close back below 57,800.
Entry: Short entry below 57,800.
Stop Loss (SL): Above 58,100.
Targets:
T1: 57,500 (Previous swing low/consolidation support).
T2: 57,200 (Major FVG support).
Key Levels for Observation:
Immediate Decision Point: 58,000 - 58,300 zone.
Bullish Confirmation: Sustained trade above 58,300.
Bearish Warning: A move below 57,800.
Line in the Sand: 57,800. Below this level, the short-term bullish bias is nullified.
Websol - Next leg of growthWith the company commercializing its new cell line last month..the future of the company is bright..We still have more demand than supply of cells so atleast for a few quarters the co should do extremely well.
The results this quarter might be muted coz production was stopped for a couple weeks to integrate the new line.
Technically the price is trying to cross back above the 200EMA after a long time. It is also trying to breakout of the downward sloping trendline.
Long as long as it sustains above 200EMA and add more above 1300 if everything mentioned above works out in our favour.
Stoploss below 200EMA for traders and 1175 for investors.
Nifty Structure Analysis & Trade Plan: 4th NovemberDetailed Market Structure Breakdown
4-Hour Chart (Macro Trend)
Structure: The Nifty is currently in a Correction/Consolidation Phase within its broader uptrend. The price broke down from the aggressive ascending channel last week and is now attempting to stabilize. The last 4H candle is a Doji-like/small bullish candle, showing indecision but managing to hold the immediate support from the previous day's close.
Key Levels:
Major Supply (Resistance): 25,950 - 26,100. This area (the breakdown high and the "double-top" zone) is the critical overhead hurdle. Sustained trade above 25,950 is essential to revive bullish momentum.
Major Demand (Support): 25,500 - 25,600. This is the most critical support zone, aligning with the 20-day EMA (25,593) and major Fibonacci retracement levels. A decisive close below 25,500 would accelerate selling.
Outlook: The short-term bias is Bearish-to-Range-Bound. A move toward 25,850 - 25,900 is likely to face selling pressure ("sell-on-rise").
1-Hour Chart (Intermediate View)
Structure: The 1H chart shows the price failed to regain its momentum on Monday, remaining confined within the descending channel formed during the correction. The market closed right at the midpoint of this corrective channel.
Key Levels:
Immediate Resistance: 25,850 - 25,900 (Upper boundary of the descending channel).
Immediate Support: 25,700 (Lower boundary of the intraday range).
15-Minute Chart (Intraday View)
Structure: The 15M chart confirms the intraday range-bound action, with the price oscillating between 25,700 and 25,800 for most of the session. The index is trading below the 9-period EMA in the short term, maintaining a cautious stance.
Key Levels:
Intraday Supply: 25,800.
Intraday Demand: 25,700.
Outlook: Neutral-to-Cautious. The primary focus is on a breakout from the 25,700 - 25,800 range.
📈 Structure Analysis & Trade Plan: 4th November
Market Outlook: Nifty is consolidating after snapping a two-day losing streak. The market is expected to remain range-bound with a bearish undertone. The "Sell on Rise" strategy near the upper resistance is favored.
Bearish Scenario (Primary Plan: Sell on Rise/Breakdown)
Justification: The weekly chart shows a "Shooting Star" pattern, and the 4H chart shows a potential "Double-Top" formation near 26,100. The structure favors a move to fill the liquidity gap below.
Entry 1 (Sell on Rise): Short entry on a retest and rejection of the 25,850 - 25,900 level (upper channel resistance).
Entry 2 (Breakdown): Short entry on a decisive break and 15-minute close below 25,700.
Stop Loss (SL): Place a stop loss above 25,960 (above the recent swing high/upper channel).
Targets:
T1: 25,600 (Major support/20-DEMA).
T2: 25,500 (Key macro support).
Bullish Scenario (Counter-Trend/Reversal)
Justification: The broader trend remains positive as long as 25,500 holds. A breakout above the short-term descending channel is needed.
Trigger: A sustained move and close above 26,000.
Entry: Long entry on a confirmed 15-minute close above 26,000.
Stop Loss (SL): Below 25,850.
Targets:
T1: 26,100 (Recent high).
T2: 26,300 (ATH zone/Extension).
Key Levels for Observation:
Immediate Decision Point: 25,700 - 25,850 zone.
Bearish Confirmation: Sustained trade below 25,700.
Bullish Confirmation: A move back above 25,950.
Line in the Sand: 25,500. Below this, the risk of a deep correction increases significantly.
Part 3 Institutional Trading Options as Hedging Tools
One of the main reasons institutions and traders use options is for hedging. For instance:
A portfolio manager can buy put options to protect against a fall in market prices.
A trader can sell covered calls to earn additional income while holding long-term positions.
This risk management function makes options a vital component of modern financial markets.
SBI- Breakout📊 Chart Setup
Pattern: Consolidation range breakout after a sharp recovery leg.
Volume: Breakout accompanied by decent volume – though a stronger surge would have confirmed conviction.
Trend: Trading above all key moving averages (bullish alignment).
Relative Strength: Positive vs. Nifty, showing leadership within PSU banking space.
Sector View: PSU banks are gaining traction, supporting the breakout.
🔎 Technical View
Stock has broken out of a sideways consolidation box (~798–840 zone) after a sharp up leg.
A higher-low structure is intact on the weekly chart, supporting the uptrend resumption.
Relative Strength line vs. Nifty is trending upward, confirming outperformance.
Momentum is aligned with broader PSU sector strength.
🎯 Trading Plan
Entry Zone: Current levels (860–870) or on dips towards 835–840 (retest).
Stop Loss (SL): Below ₹798 (weekly closing basis).
Targets:
Short-term: ₹915–930 (previous supply zone).
Medium-term: ₹980+ (measured move of consolidation breakout).
⚖️ Risk Management
Risk/Reward: ~1:2 (SL 7–8%, Upside 15–20%).
PSU sector leadership makes this a swing candidate rather than just a short-term trade.
Watch for volume expansion in coming sessions for confirmation.
Likely to reverse from support if buying momentum appears.NSE:CROMPTON The stock has been in a sustained downtrend since peaking near ₹482, and it is now approaching a key long-term support zone around ₹280–290 , which coincides with the lower trendline.
Price action shows multiple touchpoints along this ascending support line, suggesting potential demand emergence at current levels. RSI and volume behavior (if aligned) could confirm a reversal attempt from this base.
Any rebound from here may face resistance near the ₹328 (23.6%), ₹357 (38.2%), and ₹381 (50%) Fibonacci levels. A break below ₹280 would invalidate the bullish setup and open the way for deeper downside.
CANFINHOMECANFINHOME has given breakout of the recent resistance.
Looking at a good position, all key EMAs are aligned, if it sustains the move then it may give a good upside move.
There are a couple of resistance points which may become small hurdle in between.
✅ If you like my analysis, please follow me here as a token of appreciation :)
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📌 For learning and educational purposes only, not a recommendation. Please consult your financial advisor before investing.
NBCC - Bullish Triangle ContinuationThe Setup: Powerful VCP-Style Coiling
NBCC has been in a strong uptrend since April 2025 and has now entered a tight, low-volatility consolidation, forming a Symmetrical Triangle pattern. This pattern is often the final stage of supply absorption, reminiscent of the tight contractions in a VCP (Volatility Contraction Pattern).
The Pivot: The stock is consolidating directly below the key high resistance zone of ₹120-₹125.
Key Technical Confirmation
Trading Above All MAs: The price is trading above all key moving averages, which are stacked in a bullish order. This confirms the strong, established uptrend is intact.
Superior Relative Strength: The Relative Strength line (bottom panel) has recently surged and remains strongly positive, confirming that NSE:NBCC is outperforming the Nifty and is a leader in the Infra/Construction sector.
Volume Signature: Volume has decreased notably throughout the formation of the triangle. This suggests seller exhaustion. A large volume spike is required to confirm a successful breakout.
Sector Tailwinds: The underlying strength in the Infra and Construction sector provides a strong fundamental backdrop for this technical breakout.
The Trade Plan
Entry Signal: A decisive daily close above the upper trendline and the pivot zone (above ₹120). The highest-conviction entry would be a clean break above the prior high near ₹125 on significantly increased volume.
Stop Loss (Risk Management): Place a clear, objective stop loss below the low of the triangle's base, aligning with the cluster of moving averages, for example, around ₹105 - ₹110.
Target Expectation: Triangle breakouts are often explosive. The expectation is for a powerful move that carries the stock into new All-Time Highs in price discovery mode.
⚠️ Potential Risks & Cautionary Notes
Failure to Break: The primary risk is a breakdown of the triangle. If the price breaks the lower support trendline and closes below ₹100, the bullish pattern is invalidated, signaling a deeper correction.
Whipsaw Risk: Do not chase an intraday spike. Wait for the daily close to confirm the breakout above ₹120 to guard against short-term "head fakes."
Government Policy: As a company involved in government projects, the stock price can be sensitive to unexpected changes in regulatory or project-related news.
#Disclaimer: This is for educational and observation purposes only and is not financial advice. Trade at your own risk.
GOLD (XAU/USD): ISM DHAMAKA Awaited! Ready for the Big Move, BosI. MACRO KA SCENE (Current Situation):
Mind you, Gold is in a TIGHT SPOT, caught between two heavy-duty forces:
⬆️ BULL CASE (Buy Power): Safe-Haven demand is on because of US Political TENSION (shutdown issues) and global uncertainty (like that Nvidia chip drama). Good for paisa up.
⬇️ BEAR CASE (Sell Power): USD is showing STRENGTH! Hawkish Fed guys are pushing rate cut hopes away, which is putting pressure on our Gold.
🔥 MAIN GAME-CHANGER: The US ISM Manufacturing PMI tonight. This data is the main trigger for the next BIG move. Wait and watch, folks!
II. APNA TRADING PLAN (Actionable Zones):
We are sticking to two high-probability zones. Remember: Only trade after proper Price Action Confirmation! No JUMPING.
🔴 SELL SCENARIO
SELL ZONE (Supply/FVG): $4,050 - $4,055
Reason: We're hunting a SOLID rejection where the Smart Money (Bade Khiladi) is waiting to sell off.
SL (Stop Loss): $4,065
TP Targets (Book Profit): $4,045 - $4,035 - $4,025 - $4,015
🟢 BUY SCENARIO
BUY ZONE (POI/Demand): $3,952 - $3,948
Reason: Looking for the market to find STRONG support here and give a sharp bounce.
SL (Stop Loss): $3,940
TP Targets (Book Profit): $3,958 - $3,968 - $3,978 - $3,988
🚨 FINAL WORD (Very Important, Yaar!):
Risk Management is the ultimate key. Boss, wait for a CLEAR Price Action Confirmation in these zones. NO gambling on the news release.
#XAUUSD #Gold #ISM #PriceAction #TradingIndia #ForexIndia #IndianTrader #SmartMoneyConcept #USD #SafeHaven #Paisa
US OIL SUPPORT, RESISTANCE & TRENDLINE ANALYSIS Hello guyz hope uall r doing well. I am on a travelling spree so I apologize for not providing consistent updates.
Just trade along with the given levels provided. Do not be over greedy. Exit your trade each time it touches a level and book your profits. Don't loose your capital.
I shall provide more sharp and accurate updates when I will be home.
GESHIP- VCP-Style Handle BreakoutThe Setup: Consolidation with VCP Tightness
GESHIP is completing a massive, multi-year base (a large Cup structure) and is now demonstrating the final, crucial phase of supply absorption right below its all-time high pivot (₹1,385).
Pattern: We are looking at the "Handle" of a Cup-and-Handle, which has the characteristics of a Minervini-style VCP (Volatility Contraction Pattern). This means volatility has contracted to its tightest point (the last small dip) before the major move.
The Pivot Zone: The stock is consolidating tightly in the ₹1,200 - ₹1,300 zone, confirming that professional hands are absorbing all remaining supply, setting up a low-risk entry for the next major leg up.
Key Technical Confirmation
Superior Relative Strength: The Relative Strength line is robust and trending up, confirming that NSE:GESHIP is a powerful market leader and is strongly outperforming the Nifty.
Trading Above All MAs: The price is trading well above all key moving averages, which are stacked in a bullish order. The long-term trend is rock-solid.
Volume Signature: Volume has been quiet and decreasing during this tight consolidation (the VCP phase), indicating seller exhaustion. A strong volume spike is required to confirm the breakout.
Sector Tailwinds: The underlying strength in the Shipping and Logistics sector provides excellent fundamental support.
The Trade Plan
Entry Signal (The VCP Breakout): A decisive weekly close above the resistance zone (above ₹1,300). The highest-conviction entry is a clean close above the prior peak at ₹1,385 on significantly higher than average volume.
Stop Loss (Risk Management): Place a clear, objective stop loss below the low of the recent tight VCP-Handle, for example, around ₹970 - ₹1,000. This stop is defined by the tight supply zone.
Target Expectation: Given the magnitude of the multi-month base, the breakout is expected to lead to a significant, sustained run into new All-Time Highs in price discovery mode.
Potential Risks & Cautionary Notes
Failure at Pivot: The critical risk is a failed breakout where the stock cannot push past ₹1,385. A sharp reversal from this level that breaks back below the ₹1,000 support would invalidate the bullish pattern.
Global Trade Risk: The stock is highly sensitive to global economic health and international trade volumes. Unexpected geopolitical or economic news could cause a sharp reversal.
Whipsaw Risk: Do not chase an intraday spike. Wait for the weekly candle to close above the breakout pivot to confirm the move and protect against "head fakes."
#Disclaimer: This is for educational and observation purposes only and is not financial advice. Trade at your own risk.
Nifty Intraday Analysis for 03rd November 2025NSE:NIFTY
Index has resistance near 25950 – 26000 range and if index crosses and sustains above this level then may reach near 26200 – 26250 range.
Nifty has immediate support near 25550 – 25500 range and if this support is broken then index may tank near 25350 – 25300 range.
Banknifty Intraday Analysis for 03rd November 2025NSE:BANKNIFTY
Index has resistance near 58200 – 58300 range and if index crosses and sustains above this level then may reach near 58700 – 58800 range.
Banknifty has immediate support near 57400 - 57300 range and if this support is broken then index may tank near 56900 - 56800 range.
Part 2 Ride The Big Moves a. Single-Leg Strategies
Buy Call: Used when expecting a sharp rise.
Buy Put: Used when expecting a sharp fall.
Sell Call or Put: Used when expecting low volatility or price stability.
b. Multi-Leg Strategies
Covered Call: Holding a stock and selling a call against it to earn premium income.
Protective Put: Buying a put to hedge against downside risk in a stock position.
Straddle: Buying both a call and a put at the same strike to profit from volatility.
Strangle: Similar to a straddle but with different strike prices.
Bull Call Spread: Buying a lower strike call and selling a higher strike call to reduce cost.
Bear Put Spread: Buying a higher strike put and selling a lower strike put to reduce premium outlay.
These strategies help manage risk-reward ratios, making options suitable for both speculative and hedging purposes.
Finnifty Intraday Analysis for 03rd November 2025 NSE:CNXFINANCE
Index has resistance near 27350 - 27400 range and if index crosses and sustains above this level then may reach near 27600 - 27650 range.
Finnifty has immediate support near 26950 – 26900 range and if this support is broken then index may tank near 26700 – 26650 range.
XAUUSD SUPPORT, RESISTANCE & TRENDLINE ANALYSISHello guyz hope uall r doing well. I am on a travelling spree so I.apologize for not providing consistent updates.
However, my levels shall remain the same and you'll can trade within the levels confidently.
Go for LONG only if it stays below 3980. If it breaks 3980 then you can plan for SHORT positions with a max target of 3929.






















