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🇺🇸 IMPACT OF FED AFTER FOMC DECISION🇺🇸 IMPACT OF FED AFTER FOMC DECISION Hello traders, The latest Federal Reserve rate decision shook global markets — pushing Gold (XAUUSD) and Bitcoin lower while the US Dollar strengthened sharply. The Fed cut interest rates for the second time this year, bringing them down to 3.75%–4%, but the announcement to end Quantitative Tightening (QT) by 1st Dec 2025 was the real game changer. This is the moment to stay calm, read the market structure, and act according to your plan. 📰 MACRO ANALYSIS – THE FED’S DOUBLE IMPACT Rate Cut (Normally Bullish for Gold): The second rate cut should, in theory, support Gold prices. However, much of this was already priced in before the announcement. QT Ending (USD Strength Booster): Ending QT signals that the Fed is trying to rebalance its monetary stance. This boosted the US Dollar Index (DXY), putting heavy selling pressure on both Gold and BTC. Market Reaction: Gold saw a sharp drop right after the announcement, then moved sideways in a wide range. During today’s Asian session, Gold fluctuated nearly $70 before retracing slightly. 📊 TECHNICAL OUTLOOK – WIDE RANGE, BUILDING BULLISH STRUCTURE Looking at the current XAUUSD market structure: Structure: Gold is currently consolidating in a wide range. However, a bullish structure seems to be forming with higher lows — a sustainable Dow-style uptrend pattern. Trading Plan: Stay flexible and trade both sides — 🔴 Sell (Short) near liquidity resistance zones. 🟢 Buy (Long) from deep liquidity supports. 🎯 TRADING ACTION PLAN 🔴 SELL CONTINUATION – Short from Resistance Entry Zone: 4005 Stop Loss: 4013 Targets: TP1: 3990 TP2: 3975 TP3: 3960 TP4: 3943 🟢 BUY RECOVERY – Long from Support Entry Zone: 3907–3909 Stop Loss: 3902 Targets: TP1: 3933 TP2: 3954 TP3: 3970 TP4: 3999 ⚖️ FINAL THOUGHTS The Fed’s decision has reshaped the short-term outlook. A $70 volatility range shows Gold’s high liquidity — but also high risk. 📌 LiamTrading’s Note: A strong bullish structure is building up on the lower timeframes. Patience is key — wait for the ideal Buy zone near 3907 to catch the next recovery leg. Always maintain strict risk and capital management, especially during post-FOMC volatility. Are you ready to ride this 70-dollar range? 👉 Tap LIKE 👍 and COMMENT your setup!
OANDA:XAUUSDLong
by LiamTradingFX
Oil India | Bullish Breakout with Institutional Volume Surge💹 Oil India Ltd (NSE: OIL) Sector: Energy | CMP: ₹438.05 | View: Bullish Breakout Setup 📊 Price Action: Oil India has shown a strong bullish candle breakout after weeks of consolidation between 410–420. Buyers stepped in aggressively with volume confirmation, pushing price above the short-term resistance. A sustained close above 435 could trigger a fresh up-move toward the 450–455 zone. HNI Trade Levels (STWP Setup): Aggressive Entry: 434.75–436.20 | Stop Loss: 416.08 Low-Risk Entry: 432.57 | Stop Loss: 411.75 HNI and institutional buyers are showing strong accumulation interest with rising volumes. The breakout candle indicates smart money entering early into the trend. Sustained buying momentum suggests continued institutional participation ahead. VCP Analysis: Oil India is forming a smooth Volatility Contraction Pattern with clear price tightening in recent weeks. Volume contraction followed by today’s strong expansion indicates a potential VCP breakout stage. The surge in volume confirms institutional activity aligning with the final contraction phase breakout. STWP Trading Analysis: Entry: 436.20 | Stop Loss: 410.30 Strong bullish momentum with a wide-range candle backed by heavy institutional volumes. The breakout structure signals renewed trend strength with clear directional intent. Sustaining above 430 will keep the momentum in favor of buyers. Fibonacci Analysis: Oil India’s Fibonacci structure is plotted from the Swing Low at 384.6 to the Swing High at 491.5, capturing the recent trend wave. The stock is currently trading near the 50% retracement level at 438.05, showing a strong recovery within the ongoing uptrend. Holding above the 38.2% zone at 425.44 will keep momentum intact, while a breakout above the 61.8% level at 450.66 could extend the move toward 468–491, confirming trend continuation. STWP Support & Resistance: Resistances: 440.53 | 446.32 | 456.43 Supports: 424.63 | 414.52 | 408.73 While we note the above technical levels, the chart displays resistance zones at 448–456 and 478–491 as relatively weak, indicating limited selling pressure. However, supports near 392–384 and 325–350 appear strong, reflecting firm institutional demand and accumulation interest. This structure suggests a bullish bias, where sustained buying above 440 could trigger continuation momentum toward higher levels. STWP Volume & Technical Setup: Oil India delivered a power-packed bullish session today, marked by a strong Marubozu candle that reflected uninterrupted buying momentum from open to close. The chart’s yellow label captures a perfect storm of bullish confirmations — from exceptional volume (6.03M vs 2.48M avg, ratio 2.43x) to a Bollinger Band breakout emerging right after a compression phase, signaling fresh volatility expansion. The RSI breakout, 200 EMA crossover, and BB Squeeze trigger all align to validate institutional accumulation and trend strength. With buyer dominance clearly visible, Oil India stands poised for a momentum-driven continuation in the sessions ahead. STWP Summary View: Final Outlook: Momentum: Strong | Trend: Bullish | Risk: Low | Volume: High Oil India displays a textbook bullish setup with strong price action, expanding volume, and visible institutional activity. A high-volume breakout from a tight base confirms trend strength and upside potential. Holding above key supports keeps risk low and the bullish momentum intact. ________________________________________ ________________________________________ ⚠️ Disclosure & Disclaimer – Please Read Carefully The information shared here is meant purely for learning and awareness. It is not a buy or sell recommendation and should not be taken as investment advice. I am not a SEBI-registered investment adviser, and all views expressed are based on personal study, chart patterns, and publicly available market data. Trading—whether in stocks or options—carries risk. Markets can move unexpectedly, and losses can sometimes exceed the money you have invested. Past performance or past setups do not guarantee future results. If you are a beginner, treat this as a guide to understand how the market works and practice on paper trades before risking real money. If you are experienced, always assess your own risk, position sizing, and strategy suitability before entering trades. Consult a SEBI-registered financial adviser before making any real trading decision. By engaging with this content, you acknowledge full responsibility for your trades and investments. Position Status: No active position in (OIL) at the time of analysis. Data Source: TradingView & NSE India (Past Chart Reference) (Historical levels) 💬 Found this useful? 🔼 Give this post a Boost to help more traders discover clean, structured learning. ✍️ Drop your thoughts, questions, or setups in the comments — let’s grow together! 🔁 Share with fellow traders and beginners to spread awareness. 👉 “If you liked this breakdown, follow for more clean, structured setups with discipline at the core.” 🚀 Stay Calm. Stay Clean. Trade With Patience. Trade Smart | Learn Zones | Be Self-Reliant 📊
NSE:OILLong
by simpletradewithpatience
NIFTY- Intraday Levels - 31st October 2025If NIFTY sustain above 25986/91 or 26005 above this bullish then 26069/76 or 97/26107 above this more bullish 26154/64/84/94 then above this wait If NIFTY sustain below 25877 below this bearish then around 25854/47/35/31 then 25817/11 strong level below this more bearish then 25779/75 then 25761/52 then last hope 25724/14 below this wait My view :- For the purpose of your study and analytical review only, my strategy is a 'sell on rise for 31st oct and also 3rd November (Monday)' approach. I must emphasize that this analysis carries an inherent risk of being inaccurate, and the use of stringent risk management protocols is absolutely essential for trade protection Consider some buffer points in above levels. Please do your due diligence before trading or investment. **Disclaimer -  I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you.
NSE:NIFTY
by PrashantTaralkar
NSE ABREL – Identifying Trap Scenarios and Confirmation TriggersNSE ABREL has constructed a corrective A-B-C formation on the daily timeframe chart. The price has fallen 50% from the all-time high of 3410 within 13 months. Wave (B) occurred at 2537.9, where Wave (c) completed the 5-wave cycle at 1635. If the price breaks and closes above 1976, traders can buy for the following targets: 2080 – 2140 – 2185+. Why can’t we label it early? We can assume wave (C) is 100% agreed upon without any confirmation. It can be a huge mistake if the price falls below 1880 again; this could signal a complex corrective extension. Our targets are up to the upper band only because the alternate count says this bounce might still be a wave 4. The move is sharp, but corrective wave 4 rallies often look impulsive. The trend remains down until the channel is broken. Important Factors: Volume Analysis: Volume on the latest bars is increasing, but not enough to scream “trend reversal”. We need a volume breakout, not just price. Failure Zone: Rejection at 1976 = Ugly pullback to 1730 -1700. Invalidation: Closing below the Fibonacci retracement 0.618 at 1611 will make this count invalid due to the formation of new lower lows. Alternative count: We will look for one more downward move of the ending diagonal (Wave E) before printing the bottom!
NSE:ABREL
by forextidings
BHEL (D): Strongly Bullish, on a high-volume trendline breakoutThe stock has shown a significant character change, breaking a long-term corrective downtrend with exceptional force. All short-term and long-term indicators are aligning, suggesting a new bullish leg has begun. 📉 1. The Long-Term Context (The "Big Picture") - Massive Run-Up: After a parabolic 1,720% surge from its March 2020 bottom, the stock hit a major peak in July 2024. - Corrective Downtrend: This was followed by a healthy 8-month correction (Jul 2024 – Feb 2025), which allowed the stock to build a new base. - Reversal Pattern: In recent months, the stock has reversed this trend by forming a clear pattern of Higher Lows , indicating that selling pressure has been absorbed and accumulation has taken place. 🚀 2. The Current Breakout (Today's Decisive Action) Today's price action is the most significant bullish signal for the stock this year. - High-Volume Surge: The stock surged +6.48% on massive volume of 75.43 Million shares, indicating strong institutional interest. - Major Trendline Break: The price gapped up above the angular resistance trendline (formed since the July 2024 high) and, most importantly, closed firmly above it . - Short-Term Breakout: This move also broke and closed above a minor, short-term resistance, adding to the bullish conviction. 📊 3. Key Technical Indicators The underlying momentum across all timeframes supports this breakout: - RSI: The Relative Strength Index is rising on the Daily, Weekly, and Monthly charts, showing broad-based, building momentum. - EMAs: Short-term Exponential Moving Averages are in a "PCO" (Price Crossover) state on all three timeframes, confirming the trend is strongly bullish. 🎯 4. Future Scenarios & Key Levels to Watch The path forward is now defined by two clear levels: 🐂 The Bullish Case (Breakout Confirmation) - Immediate Hurdle: The next major test is the horizontal resistance at ₹265 . - Confirmation: A decisive close above ₹265 would confirm the breakout and open the door for a significant rally. - Target: If this momentum is sustained, the next logical price target is the ₹300 level. 🐻 The Bearish Case (Fake Breakout) - Trigger: If today's move is a "fakeout," the price will fail to breach ₹265 and fall back below the broken angular trendline. - Confirmation: A close back below the gap-up level (today's open) would be a bearish sign. - Target: This failure would likely see the stock fall to retest its closest support at ₹245 . Conclusion Today's high-volume, gap-up breakout above a multi-month downtrend line is a powerful bullish event. The indicators are all aligned, suggesting this is the start of a new upward move. The key level to watch for confirmation is ₹265 .
NSE:BHELLong
by Learn_with_Pth0mas
POLYCAB INDIAThe stock has been in a strong uptrend since mid-2024, forming higher highs and higher lows consistently. A well-defined ascending trendline supports the move. Price had a fakeout below the trendline earlier (March 2025) but quickly recovered, confirming strong demand. The supply zone around ₹7,700–₹7,800 has acted as a major resistance level multiple times. Now, the price has broken out above this supply zone with strong momentum — confirming a bullish breakout. 🔍 Technical Structure Key Zone Level Remarks Support Zone (Previous Supply) ₹7,650–₹7,750 Breakout zone – likely to act as support on retest Trendline Support Rising trendline near ₹7,400 Long-term support zone Immediate Resistance ₹8,000 Round number, short-term barrier Next Major Resistance / Target ₹8,400–₹8,500 Previous swing projection / measured move ⚙️ Trade Plan ✅ Entry Aggressive Entry: At current price (~₹7,840–7,860) — as price has broken out above supply with good volume. Conservative Entry: On retest of the breakout zone ₹7,700–7,750, if price holds and shows bullish candle confirmation. 🛡️ Stop-Loss (SL) Keep SL below ₹7,500, just under the trendline and breakout zone. → This protects against false breakouts. 🎯 Targets Target 1: ₹8,000–8,050 (immediate breakout confirmation zone) Target 2: ₹8,400–8,500 (measured move from previous range) ⚖️ Risk–Reward Example If entered at ₹7,750: SL: ₹7,500 (Risk = ₹250) T1: ₹8,050 (Reward = ₹300 → R:R = 1.2:1) T2: ₹8,500 (Reward = ₹750 → R:R = 3:1) 📈 Technical Bias ✅ Uptrend intact ✅ Breakout above strong resistance ✅ High volume confirmation ✅ Strong price structure above trendline Bias: Strongly Bullish (Momentum + Breakout Confirmation)
NSE:POLYCABLong
by ChartistHub
Crude sell recommended on weekends, 5310-5270 support Crude sell rise recommended during weekends 5310-5270 support if break then more fall How My Harmonic pattern projection Indicator work is explained below : Recent High or Low : D-0% is our recent low or high Profit booking zone ( Early / Risky entry) : D 13.2% -D 16.1 % is range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed SL reversal zone (Safe entry ) : SL 23.1% and SL 25.5% is reversal zone if break then trend reverse and we can take reverse trade Target : T1, T2, T3, T4 and . Are our Target zone Any Upside or downside level will activate only if break 1st level then 2nd will be active if break 2nd then 3rd will be active. Total we have 7 important level which are support and resistance area Until , 16% not break uptrend will continue if break then profit booking will start. If break 25% then fresh downtrend will start then T1, T2,T3 will activate 1,3,5,10,15,20 minutes are short term levels. 30 minutes 60 minutes , 2 hours,3 hours, ... 1 day and 1 week chart positional and long term levels
MCX:CRUDEOIL1!Short
by EquityCommodityMarketJaiPrakas
CHALET HOTELS TECHNICAL ANALYSISLooking at the chart, it’s pretty clear the stock has been in a short-term downtrend after forming a peak around the September high near ₹1,068, but it has now started to stabilize and show signs of reversal. We can see a classic inverse head and shoulders pattern forming — Left Shoulder around early October, Head near mid-October (the lowest point), and Right Shoulder forming recently. At the head, there’s a bullish engulfing candle, which signals strong buying interest and potential reversal. The neckline (resistance turned support) sits roughly around ₹936–940, and the price has broken above it, confirming the bullish structure. 📊 Price Structure & Zones Support (SEP LOW): ₹936 → This level held multiple times, showing buyers are active here. Immediate Resistance / Supply Zone: ₹980–₹995 → Expect some profit booking or sideways action in this region. Major Resistance (Target): ₹1,068 (September high) → If price sustains above ₹995, it can easily rally toward this zone. ⚙️ Trading Plan ✅ Entry Options Aggressive Entry: Around current price (₹960–965) since breakout is confirmed. Conservative Entry: Wait for a pullback to ₹940–950 zone and buy on a bullish candle confirmation. 🛡️ Stop-Loss (SL): Keep SL below ₹925, under the right shoulder / recent swing low. → If price falls below this, the pattern fails. 🎯 Targets Target 1: ₹985–995 (intermediate resistance zone) Target 2: ₹1,068 (measured move from inverse head & shoulders pattern)
NSE:CHALETLong
by ChartistHub
Copper as said many times buy on dip , 1045-1060 next Copper continuously buying recommended buy on dip will be continued 1055-1060 next target How My Harmonic pattern projection Indicator work is explained below : Recent High or Low : D-0% is our recent low or high Profit booking zone ( Early / Risky entry) : D 13.2% -D 16.1 % is range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed SL reversal zone (Safe entry ) : SL 23.1% and SL 25.5% is reversal zone if break then trend reverse and we can take reverse trade Target : T1, T2, T3, T4 and . Are our Target zone Any Upside or downside level will activate only if break 1st level then 2nd will be active if break 2nd then 3rd will be active. Total we have 7 important level which are support and resistance area Until , 16% not break uptrend will continue if break then profit booking will start. If break 25% then fresh downtrend will start then T1, T2,T3 will activate 1,3,5,10,15,20 minutes are short term levels. 30 minutes 60 minutes , 2 hours,3 hours, ... 1 day and 1 week chart positional and long term levels
MCX:COPPER1!Long
by EquityCommodityMarketJaiPrakas
Silver target hit weekly then bounce today booked 1800 points How My Harmonic pattern projection Indicator work is explained below : Recent High or Low : D-0% is our recent low or high Profit booking zone ( Early / Risky entry) : D 13.2% -D 16.1 % is range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed SL reversal zone (Safe entry ) : SL 23.1% and SL 25.5% is reversal zone if break then trend reverse and we can take reverse trade Target : T1, T2, T3, T4 and . Are our Target zone Any Upside or downside level will activate only if break 1st level then 2nd will be active if break 2nd then 3rd will be active. Total we have 7 important level which are support and resistance area Until , 16% not break uptrend will continue if break then profit booking will start. If break 25% then fresh downtrend will start then T1, T2,T3 will activate 1,3,5,10,15,20 minutes are short term levels. 30 minutes 60 minutes , 2 hours,3 hours, ... 1 day and 1 week chart positional and long term levels
MCX:SILVER1!Long
by EquityCommodityMarketJaiPrakas
Silver 45.60$ target hit then bounce , start buying on dip againHow My Harmonic pattern projection Indicator work is explained below : Recent High or Low : D-0% is our recent low or high Profit booking zone ( Early / Risky entry) : D 13.2% -D 16.1 % is range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed SL reversal zone (Safe entry ) : SL 23.1% and SL 25.5% is reversal zone if break then trend reverse and we can take reverse trade Target : T1, T2, T3, T4 and . Are our Target zone Any Upside or downside level will activate only if break 1st level then 2nd will be active if break 2nd then 3rd will be active. Total we have 7 important level which are support and resistance area Until , 16% not break uptrend will continue if break then profit booking will start. If break 25% then fresh downtrend will start then T1, T2,T3 will activate 1,3,5,10,15,20 minutes are short term levels. 30 minutes 60 minutes , 2 hours,3 hours, ... 1 day and 1 week chart positional and long term levels
OANDA:XAGUSDLong
by EquityCommodityMarketJaiPrakas
Gold today booked 2000 points on sell and 800 points on buy sideGold mcx Sold yesterday at 120900 today booked at 118880 , 2000 points Again bought at 120100 and booked 120950 How My Harmonic pattern projection Indicator work is explained below : Recent High or Low : D-0% is our recent low or high Profit booking zone ( Early / Risky entry) : D 13.2% -D 16.1 % is range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed SL reversal zone (Safe entry ) : SL 23.1% and SL 25.5% is reversal zone if break then trend reverse and we can take reverse trade Target : T1, T2, T3, T4 and . Are our Target zone Any Upside or downside level will activate only if break 1st level then 2nd will be active if break 2nd then 3rd will be active. Total we have 7 important level which are support and resistance area Until , 16% not break uptrend will continue if break then profit booking will start. If break 25% then fresh downtrend will start then T1, T2,T3 will activate 1,3,5,10,15,20 minutes are short term levels. 30 minutes 60 minutes , 2 hours,3 hours, ... 1 day and 1 week chart positional and long term levels
MCX:GOLD1!Long
by EquityCommodityMarketJaiPrakas
Gold today booked 80 points on sell and 30 points on buyGold yesterday sold at 4010 booked 3940 , and bought at 3960 booked at 4000 How My Harmonic pattern projection Indicator work is explained below : Recent High or Low : D-0% is our recent low or high Profit booking zone ( Early / Risky entry) : D 13.2% -D 16.1 % is range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed SL reversal zone (Safe entry ) : SL 23.1% and SL 25.5% is reversal zone if break then trend reverse and we can take reverse trade Target : T1, T2, T3, T4 and . Are our Target zone Any Upside or downside level will activate only if break 1st level then 2nd will be active if break 2nd then 3rd will be active. Total we have 7 important level which are support and resistance area Until , 16% not break uptrend will continue if break then profit booking will start. If break 25% then fresh downtrend will start then T1, T2,T3 will activate 1,3,5,10,15,20 minutes are short term levels. 30 minutes 60 minutes , 2 hours,3 hours, ... 1 day and 1 week chart positional and long term levels
OANDA:XAUUSDLong
by EquityCommodityMarketJaiPrakas
Nifty Intraday Analysis for 30th October 2025NSE:NIFTY Market volatility is expected after the US FOMC meeting scheduled tonight, particularly in response to any rate cuts and the Federal Reserve's commentary. Index has resistance near 26225 – 26275 range and if index crosses and sustains above this level then may reach near 26450 – 26500 range. Nifty has immediate support near 25900 – 25850 range and if this support is broken then index may tank near 25700 – 25650 range.
NSE:NIFTY
by RKMAURYA
Banknifty Intraday Analysis for 30th October 2025NSE:BANKNIFTY Market volatility is expected after the US FOMC meeting scheduled tonight, particularly in response to any rate cuts and the Federal Reserve's commentary. Index has resistance near 58800 – 58900 range and if index crosses and sustains above this level then may reach near 59300 – 59400 range. Banknifty has immediate support near 58000 - 57900 range and if this support is broken then index may tank near 57500 - 57400 range.
NSE:BANKNIFTY
by RKMAURYA
Tube Investments of India Ltd — Wave X Triangle in PlayAfter the sharp decline from ₹4,810, the recent advance initially looked like a potential leading diagonal of a new impulse. However, the internal overlaps and choppy rhythm point instead to a Wave X triangle, likely part of a larger corrective sequence (W–X–Y). As long as price holds below ₹3,419.90, the bearish outlook remains intact, with the next leg — Wave Y — possibly aiming toward the 0.5–0.618 retracement zone (₹2,511–₹1,968). That region, close to the golden ratio, may act as a potential termination zone for the entire 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:TIINDIAShort
by WaveXplorer
Finnifty Intraday Analysis for 30th October 2025NSE:CNXFINANCE Market volatility is expected after the US FOMC meeting scheduled tonight, particularly in response to any rate cuts and the Federal Reserve's commentary. Index has resistance near 27775 - 27825 range and if index crosses and sustains above this level then may reach near 28000 - 28050 range. Finnifty has immediate support near 27375 – 27325 range and if this support is broken then index may tank near 27150 – 27100 range.
NSE:CNXFINANCE
by RKMAURYA
Midnifty Intraday Analysis for 30th October 2025NSE:NIFTY_MID_SELECT Market volatility is expected after the US FOMC meeting scheduled tonight, particularly in response to any rate cuts and the Federal Reserve's commentary. Index has immediate resistance near 13575 – 135600 range and if index crosses and sustains above this level then may reach 13725 – 13750 range. Midnifty has immediate support near 13325 – 13300 range and if this support is broken then index may tank near 13175– 13150 range.
NSE:NIFTY_MID_SELECT
by RKMAURYA
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 broke out of the ascending channel in the morning but was aggressively rejected from the 85,300 - 85,600 supply zone (recent high). The final 4H candle is a large bearish candle, confirming the Market Structure Shift (MSS) to the downside. The price closed right on the lower trendline of the corrective pattern. Key Levels: Major Supply (Resistance): 85,000 - 85,300. This area (the high of the breakdown and psychological mark) is the immediate overhead resistance. Major Demand (Support): 84,200 - 84,400. This area, which includes the lower trendline of the current corrective pattern and a strong FVG (Fair Value Gap), is the must-hold zone for the medium-term rally. Outlook: The short-term bias is Bearish. The sharp reversal suggests strong profit-booking, and the market is likely to seek lower support levels. 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 above the 84,400 support. Key Levels: Immediate Resistance: 85,000 (The breakdown level/FVG). Immediate Support: 84,200 - 84,400. 15-Minute Chart (Intraday View) Structure: The 15M chart confirms the steep descending channel formed during the correction. The market closed near its low, breaking below the immediate swing low and confirming intraday bearish control. Key Levels: Intraday Supply: 84,800 (Upper channel trendline). Intraday Demand: 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. The US Federal Reserve decision (post-market yesterday) will introduce high volatility. 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 84,800 level (upper channel/FVG). Stop Loss (SL): Place a stop loss above 85,300 (above the high of the breakdown). Targets: T1: 83,800 (Lower channel support/FVG). T2: 83,600 (Major FVG demand zone). Bullish Scenario (Counter-Trend/Reversal) Justification: Only valid if the Fed decision was extremely dovish, leading to a strong gap-up that negates the current selling structure. 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 - 84,800 zone. Bearish Confirmation: Sustained trade below 84,200. Bullish Warning: A move back above 85,000. Line in the Sand: 84,200. Below this level, the short-term bullish bias is strongly bearish.
BSE:SENSEXShort
by BhardwajVipin