Resistance Breakout in BPCLBPCL has exhibited a notable resistance breakout on the daily chart, closing above ₹348 and marking a positive uptrend. This move is accompanied by a significant surge in the 350 November call option, up over 50%, confirming bullish sentiment. The breakout is supported by strong candle structure and aligns both spot and option price action, suggesting momentum continuation. Traders may consider BPCL for momentum-based strategies, monitoring for a move towards the next resistance. As always, disciplined risk management is advised when entering trades after key breakouts. This setup strengthens the bullish outlook for BPCL short-term.
Support and Resistance
Gold Rebounds Toward OB, but Deeper Correction May Follow🔍 Market Context
After forming a Change of Character (ChoCH) and a clear Break of Structure (BoS) to the downside, gold dropped sharply from 4,080–4,100 USD, confirming a shift from bullish to bearish structure.
Price is now making a technical rebound, forming Lower Highs toward the Order Block 4,012 USD — aligning with a small Fair Value Gap (FVG) , suggesting new selling pressure may emerge.
This rebound is seen as a “pullback retest supply” within a completed bearish setup.
If the 4,012 USD supply zone reacts strongly, price may extend its drop toward lower liquidity pools.
💎 Key Technical Structure
BoS (bearish): confirms a break below prior bullish structure.
Order Block (OB): 4,010–4,020 USD → main supply area confluencing with FVG.
FVG zone: 3,985–4,010 USD → technical retracement zone.
Supply Zone: 3,891–3,895 USD → temporary support, may be swept.
Liquidity Zone: 3,850–3,860 USD → key liquidity target.
📈 Trading Scenarios
1️⃣ SELL Setup – Retest OB 4,010–4,020 USD
Entry: 4,010 – 4,020
SL: 4,035
Take Profit: 3,985 - 3,965 - 3,945 - 3,915 - 3,890/Open
✅ Condition:
Wait for price to retest FVG–OB with clear bearish confirmation (strong rejection, bearish engulfing, or minor ChoCH on M15).
➡️ Trend-follow setup – sell after price retests supply zone.
2️⃣ BUY Setup – Reversal at Liquidity Zone 3,850 USD
Entry: 3,850 – 3,860
SL: 3,830
TP1: 3,870 - 3,885 - 3,900 - 3,920 - 3,940/Open
✅ Condition:
Wait for strong absorption or bullish reversal signal (long-tail rejection or bullish ChoCH on M15–H1).
➡️ Counter-trend scalp setup for reversal traders.
⚠️ Risk Management
Prioritise SELLs below 4,035 USD.
BUYs only valid with confirmation at Liquidity Zone.
Avoid mid-range trading (3,920–3,970) to reduce noise.
💬 Conclusion
Gold remains in a bearish trend after breaking prior bullish structure.
As long as price stays below 4,035 USD , downside momentum prevails.
Next major target: 3,891 – 3,851 USD .
👉 Strategic Plan:
Sell 4,010–4,020 | SL 4,035 | TP 3,985 → 3,890 🎯
Buy 3,850–3,860 | SL 3,830 | TP 3,870 → 3,940 🎯
💎 Price never lies — liquidity always reveals the truth.
⏰ Timeframe: 1H
📅 Updated: 29/10/2025
✍️ Analysis by: Captain Vincent
ADA 1H Technical Snapshot — Short Bias via Cycles, Long Opportun📊 Cycle Structure:
HWC (Higher Wave Cycle): Bearish 🔽
MWC (Middle Wave Cycle): Range 🔁
LWC (Lower Wave Cycle): Bullish 🔼
📌 Overall View: The cycles suggest a short bias, but we take direction from BTC and BTC.D, which opens a potential short-term long opportunity.
📐 Market Context:
BTC is in a strong support zone and BTC.D is currently bearish.
ADA is at the third touch of its trendline and resistance at 0.6844 (which has seen 3 previous touches).
This resistance may react, providing a good entry for a short-term long.
🎯 Trade Plan (Short-term Long):
Long position is taken and will be held until price reacts to the resistance.
Given BTC.D’s status, this is more favorable for altcoins.
Stop-loss and risk management must be applied to control the position in case of a weak reaction or breakout.
📌 If you want a specific coin analyzed, drop a comment and I’ll do it for you.
⚠️ Without proper risk management, you're just a ticking time bomb.
— PXA | Cycle & Structure-Based Trading
XAUUSD SUPPORT, RESISTNACE & TRENDLINE ANALYSIS I hope whosoever followed my levels should have captured some good moves.
My levels will remain the same as last times.
The bias is now Bullish. Let it break 4025.25 for an up move towards 4044 and breaking that would lead to 4091.25 or 4100.
Note: If it only breaks 3953 then only we can plan for downside
Nifty Intraday Analysis for 29th October 2025NSE:NIFTY
Index has resistance near 26150 – 26200 range and if index crosses and sustains above this level then may reach near 26350 – 26400 range.
Nifty has immediate support near 25750 – 25700 range and if this support is broken then index may tank near 25550 – 25500 range.
Banknifty Intraday Analysis for 29th October 2025NSE:BANKNIFTY
Index has resistance near 58600 – 58700 range and if index crosses and sustains above this level then may reach near 59100 – 59200 range.
Banknifty has immediate support near 57800 - 57700 range and if this support is broken then index may tank near 57300 - 57200 range.
Finnifty Intraday Analysis for 29th October 2025 NSE:CNXFINANCE
Index has resistance near 27650 - 27700 range and if index crosses and sustains above this level then may reach near 27900 - 27950 range.
Finnifty has immediate support near 27250 – 27200 range and if this support is broken then index may tank near 27050 – 27000 range.
Midnifty Intraday Analysis for 29th October 2025NSE:NIFTY_MID_SELECT
Index has immediate resistance near 13500 – 13525 range and if index crosses and sustains above this level then may reach 13650 – 13675 range.
Midnifty has immediate support near 13250 – 13225 range and if this support is broken then index may tank near 13125– 13100 range.
Gold Recovers 1000 Pips Ahead of FOMC: Key Levels in Focus📊 Market Overview
After a sharp selloff that shook long positions, Gold has rebounded nearly 1000 pips, recovering from the 388x area toward 398x ahead of the upcoming FOMC meeting.
Despite the short-term recovery, Gold remains down around 3.5% this week, showing caution as traders reposition before the Fed decision and amid easing U.S.–China trade tensions.
Currently, the price is trading near $3,980–3,990 during the Asian session, consolidating below the psychological $4,000 mark.
💎 Technical Outlook (H1–M15)
Gold continues trading in a short-term ascending channel, showing a corrective recovery inside a larger downtrend.
Immediate Support Zones:
• 3,961 – 3,937 → Trendline retest & OBS Buy Zone
• 3,918 → Structural invalidation area
Resistance & Key Reaction Levels:
• 4,018 – 4,085 → Mid-term resistance
• 4,094 – 4,102 → Major Sell Zone (Fibo 1.5–1.618 confluence)
📍If Gold breaks and holds above 4,018, momentum could extend toward 4,085–4,102.
📍If it rejects near 4,094–4,102, a correction toward 3,961–3,937 is likely.
🌍 Macro Context – FOMC Ahead
Markets expect a 25bps rate cut. A hawkish tone from Powell may pressure Gold, while a dovish one could send it above $4,100.
🧭 Summary
Gold keeps a short-term bullish bias but remains fragile ahead of FOMC.
Expect volatility around 4,000–4,100; key reactions near 4,094–4,102 will decide the next move.
🛡 Stay patient — liquidity builds before clarity.
Gold Extends Decline Below $4,000 as Risk Appetite Returns🔍 Market Context
Gold continues to struggle amid renewed optimism around US–China trade talks.
The shift in sentiment has reduced safe-haven demand, while softer expectations of further Fed rate cuts keep the US Dollar capped — offering limited downside support for XAUUSD.
However, the technical landscape remains clearly bearish.
The break below the ₹4,000 handle confirms continuation of the downtrend first outlined in early-week plans.
📊 Technical Analysis
Structure: Gold maintains a clean bearish channel on the H1–H4 frame.
Immediate resistance: ₹3,985 – ₹4,000 (former support, now supply zone).
Target zones:
• Short-term liquidity area near ₹3,925–₹3,930
• Extended target sits around ₹3,880–₹3,860, aligning with Fibo 1.618.
Invalidation: Only a sustained break and hold above ₹4,020–₹4,030 would neutralize this short-term bearish bias.
🎯 Trading Outlook
If gold retests the broken ₹4,000 zone and fails to regain it,
expect sellers to extend control toward ₹3,920 or lower ahead of the FOMC meeting.
That event may later define the next recovery point — but for now, momentum remains firmly on the downside.
⚜️ Summary
Gold’s recent slide isn’t random — it’s structural.
The market is rebalancing after excessive bullish sentiment,
and liquidity below ₹3,900 is likely to attract attention before any significant rebound.
Watch the reaction near ₹3,920–₹3,880 —
that’s where the next meaningful decision for gold may emerge.
📊 MMFLOW TRADING Insight:
Smart money doesn’t chase candles — it waits for liquidity to shift.
XAUUSD | Gold to drop 2000PIPS, where is the best sell zone?🔍 Market Context
After breaking the medium-term upward structure at the main Trendline , gold has formed a distinct series of Lower High – Equal Low (EqL) , indicating a phase shift from bullish to bearish.
Currently, the price is fluctuating around the 3,960–3,970 USD zone – this is a temporary liquidity accumulation area before moving up to retest the resistance at 4,015–4,050 USD , which was previously a Demand Zone now turned into Supply Zone .
If a strong bearish reaction occurs here, the price is likely to extend its decline towards the Order Block 3,945–3,960 USD zone, or even deeper to the Premium Zone 3,884 USD .
💎 Key Technical Structure
Main Trendline: broken, confirming a structural change (ChoCH).
Resistance Zone: 4,010–4,015 → quick reaction resistance.
Supply Zone: 4,043–4,060 → strong technical retracement zone.
Premium Zone: 3,884–3,900 → discount zone, potential temporary bottom.
📈 Trading Scenarios
1️⃣ SELL Zone 1 – Scalp Reaction at Resistance Zone
Entry: 4,010 – 4,015
SL: 4,025
Take Profit : 4,005 - 3,995 - 3,975 - 3,965 - Open
➡️ Quick scalp reaction at nearby resistance – suitable for trading during London/NY sessions.
2️⃣ SELL Zone 2 – Major Retest at Supply Zone
Entry: 4,043 – 4,060
SL: 4,065
Take Profit : 4,050 - 4,040 - 4,030 - 4,020 - 4,010/Open
➡️ Main setup – retest of confluence supply zone with broken trendline, high probability if strong rejection on H1/H4.
3️⃣ SELL Continuation – Break & Retest below 3,945 USD
Entry: 3,945 – 3,950
SL: 3,965
TP: 3,884
➡️ Setup breaks EqL bottom confirming continuation of downtrend, targeting Premium Zone.
4️⃣ BUY Setup – Reversal at Premium Zone 3,900 USD
Entry: 3,900
SL: 3,880
TP1: 3,910 - 3,920 - 3,930 - 3,940 - 3,950/Open
✅ Condition:
Only buy when a strong reaction candle appears (long-tail rejection / ChoCH bullish on M15–H1).
➡️ This is the final discount zone before major capital can return to the market – technical reversal setup, low risk / high reward.
⚠️ Risk Management
Prioritise SELL at supply zones, BUY at Premium – avoid trading in the middle of the range.
Reduce volume on scalp setups (Sell 1).
If price closes above 4,070 → short-term downtrend is invalidated.
💬 Conclusion
Gold is still under short-term bearish pressure, however, the 3,884–3,900 USD zone may serve as strong support.
The appropriate strategy is to utilise the two resistance zones for Selling and observe technical Buying at the Premium bottom.
👉 Comprehensive Strategy:
Sell 4,010–4,015 | SL 4,025 | TP 4,005 → 3,965 🎯
Sell 4,043–4,060 | SL 4,065 | TP 4,050 → 4,010 🎯
Buy 3,900 | SL 3,880 | TP 3,910 → 3,950 🎯
🔥 “Trade with patience, react at precision zones — that’s how consistency is built.”
⏰ Timeframe: 1H
📅 Update: 28/10/2025
✍️ Analysis by: Captain Vincent
GRASIM Weekly Chart AnalysisThe stock is showing strong momentum within its rising channel!
📈 Key Level to Watch:
If the weekly candle closes above 2870, it could open the gates toward a potential target of 3050.
🧠 Technical View:
Price breaking past resistance zone
Volume confirmation could add strength
Trend remains bullish within channel
⚠️ Keep an eye on the weekly close — a confirmed breakout can bring solid upside momentum!
💬 What’s your view on GRASIM’s next move — breakout or pullback?
#grasim #technicalanalysis #stockmarketindia #nifty50 #priceactiontrading #thechartcouple #indianstocks #chartanalysis #stockbreakout #tradingview #swingtrading #marketanalysis
JINDAL STEEL LIMITEDCup Formation:
The left side shows a clear decline followed by a rounded bottom and a steady recovery forming a "U" shape — ✅ valid cup structure.
Volume tends to decrease during the cup and increase on the right side — which seems consistent here.
Handle Formation:
The handle is shorter in duration and has a mild retracement, not breaking the uptrend channel — ✅ valid handle structure.
The breakout from the handle appears to be approaching the resistance/supply zone — this is typically where confirmation is needed.
Resistance/Supply Zone:
The horizontal resistance around ₹1,100 is correctly marked. A breakout above this zone with strong volume would confirm the pattern — ✅ correct identification.
🎯 Target Projection
The target has been drawn correctly using the height of the cup added to the breakout level.
Based on the chart, the target near ₹1,400–₹1,450 seems technically justified (around a 30–35% upside).
⚠️ Stop-Loss & Risk Management
The stop-loss zone near ₹950 aligns well with the handle’s lower trendline and the uptrend channel support — ✅ logical and well-placed.
Nifty Intraday Analysis for 28th October 2025NSE:NIFTY
Index has resistance near 26150 – 26200 range and if index crosses and sustains above this level then may reach near 26350 – 26400 range.
Nifty has immediate support near 25800 – 25750 range and if this support is broken then index may tank near 25600 – 25550 range.
Banknifty Intraday Analysis for 28th October 2025NSE:BANKNIFTY
Index has resistance near 58500 – 58600 range and if index crosses and sustains above this level then may reach near 59000 – 59100 range.
Banknifty has immediate support near 57700 - 57600 range and if this support is broken then index may tank near 57200 - 57100 range.
Finnifty Intraday Analysis for 28th October 2025 NSE:CNXFINANCE
Index has resistance near 27725 - 27775 range and if index crosses and sustains above this level then may reach near 27950 - 28000 range.
Finnifty has immediate support near 27325– 27275 range and if this support is broken then index may tank near 27100 – 27050 range.
Midnifty Intraday Analysis for 28th October 2025NSE:NIFTY_MID_SELECT
Index has immediate resistance near 13475 – 13500 range and if index crosses and sustains above this level then may reach 13625 – 13650 range.
Midnifty has immediate support near 13225 – 13200 range and if this support is broken then index may tank near 13075– 13050 range.






















