Axis Bank | Observed Price Reaction Near a 45° LevelCase Study – 8 November 2024
This idea presents an educational case study focused on intraday price behavior near a geometric level, specifically a 45° projection, observed on Axis Bank on 8 November 2024.
The study is shared to understand how price, time, and structure may interact around predefined geometric zones — without any predictive or advisory intent.
📊 Chart Observation
On 8 November 2024, Axis Bank moved toward a projected level derived from a 45° calculation, originating from an intraday reference point using Square-of-9–based methodology.
The projected zone appeared near 1168
During the afternoon session, price showed temporary pressure and rejection around this area
The behavior aligned with previously observed reactions near similar geometric levels
This observation highlights how markets may respond near certain structural zones, depending on context and timing.
🔍 What This Case Study Illustrates
Identifying a 0° reference from an intraday extreme
Observing price movement capacity along a 45° path
Noting time sensitivity, where reactions often occur near specific time windows
Understanding how a geometric zone can act as a potential reaction area, rather than a fixed resistance
These observations are intended to support chart study and market behavior analysis, not decision-making shortcuts.
📌 Educational Note
This post discusses observed historical behavior on charts.
Geometric levels and angles represent areas of interest, not guaranteed outcomes.
Market behavior may include:
Temporary pauses
Short-term pressure
Expansion or continuation depending on broader structure
No trade direction or execution guidance is provided.
🚀 Conclusion
This case study demonstrates how combining geometry, structure, and time can add clarity to intraday chart analysis when used objectively.
More such educational observations will follow.
Disclaimer:
This analysis is for educational purposes only. I am not a SEBI-registered advisor. This is not financial advice.
Trend Analysis
INFY (Infosys)INFY gave a breakout above its old resistance near 1625 and successfully retested the level. Price is now moving closer to the next resistance zone around 1682.
The EMA structure is well aligned, indicating underlying strength. If the stock manages to break and sustain above the current resistance, there is a probability of further upside.
On the broader front, the IT index is holding its ground , even as Nifty has slipped below its 200 EMA on the daily timeframe. This relative strength in the sector is worth tracking.
Overall, the structure remains constructive.
Keep it in your watchlist.
✅ If you like my analysis, please follow me here as a token of appreciation :) in.tradingview.com/u/SatpalS/
📌 For learning and educational purposes only, not a recommendation. Please consult your financial advisor before investing.
BEL in a Contracting Triangle — Wave 5 Loading?From the ₹240.25 low , Bharat Electronics Limited delivered a powerful upside rally , completing a higher-degree Wave 3 near ₹436 . The advance was strong, extended, and impulsive , clearly establishing the larger bullish trend.
Post the Wave 3 peak, price did not reverse impulsively . Instead, it shifted into sideways consolidation , suggesting a time-wise correction rather than price-wise damage . This behavior fits well with a Wave 4 contracting triangle , a common pause before the final leg of an impulse.
Structurally, the consolidation aligns with an A–B–C–D–E triangle , with price now appearing to be in the final leg — Wave (E) . This leg is expected to unfold as a 3-wave corrective decline (A–B–C) , terminating near the rising A–C–E trendline . A brief throw-under below this trendline remains structurally acceptable and should not be mistaken for a breakdown.
Trade Structure (Execution Focus)
The preferred entry lies near the A–C–E trendline , only if price prints a bullish candlestick pattern , indicating completion of Wave (E).
Invalidation is clearly defined below the low of Wave (C) .
If the triangle resolves as expected, a breakout would signal the start of a higher-degree Wave 5 , with upside potential beyond the Wave 3 high near ₹436 .
Fundamentally, recent order inflows support the broader bullish context , but this remains a structure-led setup , where price confirmation matters more than headlines .
In summary , Wave 3 is complete , Wave 4 is maturing , and Wave (E) completion is the final checkpoint before the next directional move.
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.
Elliott Wave Analysis – XAUUSD | January 23, 2025
Momentum
– Daily (D1) momentum is still in a preparing-to-reverse phase, but there is no confirmed signal yet. Therefore, at this stage, we continue to wait for a daily candle close to confirm the reversal.
– H4 momentum is currently preparing to reverse to the downside, which suggests that on the H4 timeframe we may see a corrective bearish move in the coming sessions.
– H1 momentum is approaching the oversold zone, indicating that in the short term on H1, a corrective bullish move is likely to appear soon.
Wave Structure
Daily (D1) timeframe
– On D1, price remains within the blue wave 5 structure.
– Price has already reached the projected target zone, therefore today we need to closely monitor the possibility of a reversal, especially as D1 momentum is also preparing to turn.
H4 timeframe
– On H4, the orange wave 3 structure is still developing, with an internal five-wave structure in green.
– Currently, price is moving within green wave 5.
– Once green wave 5 is completed, price will complete orange wave 3 and is expected to transition into the corrective phase of orange wave 4.
H1 timeframe
– Within green wave 5, we can observe a five-wave purple structure (1–2–3–4–5), with price currently positioned in purple wave 5.
– Inside purple wave 5, the internal structure is likely forming five black waves (1–2–3–4–5).
– At this point, price may have completed black wave 3 and is preparing to form black wave 4.
– This scenario aligns well with H4 momentum preparing for a bearish reversal, reinforcing the corrective expectation.
Target Zone & Confluence
– The projected target for black wave 4 is currently estimated at the Fibonacci 0.382 retracement of wave 3, around the 4908 area.
– This zone is also my preferred buy area, especially with the confluence of H4 momentum moving toward oversold conditions.
Trading Plan
Buy Zone: 4909 – 4907
Stop Loss: 4889
Take Profit 1: 4929
Take Profit 2: 4957
USD/CHF Approaching Breakdown from RangeUSD/CHF is moving in a sideways corrective pattern, not a strong trend. The price is forming an A-B-C-D-E structure, which usually happens before the market makes a bigger move. Right now, price is in the last part of this pattern (wave E) and is sitting near a resistance area, where it has failed to move higher and has started to turn down. This behavior often means sellers are becoming stronger. As long as the price stays below 0.795–0.798 , the outlook remains bearish, and the market is expected to move lower toward the 0.782–0.775 support area. If this move happens, it would complete the corrective pattern after a short pause, and then the market can decide its next big direction.
Stay tuned!
@Money_Dictators
Thank you :)
BTC Compression Phase: Where Smart Money Builds Positions!Hey guy's, When I look at this chart, I’m not seeing fear or trend failure.
I’m seeing something far more important, controlled compression above demand .
Bitcoin has pulled back, swept liquidity, and is now holding above a clearly defined demand area while volatility keeps contracting.
This kind of behaviour rarely appears during panic.
It usually appears when the market is absorbing supply quietly .
What I’m seeing on the chart:
Price is still respecting the ascending demand structure , which tells me higher-timeframe buyers are active and defending key levels.
The recent move cleaned out weak hands below demand , but price did not accept lower, a classic liquidity sweep, not a breakdown.
Supply is visible above , which explains why price is compressing instead of expanding immediately. Sellers are present, but they are not overpowering buyers.
The range between ascending demand and overhead supply is tightening . This is where impatience builds, and where strong positioning usually happens.
The psychology part (this matters):
This phase feels uncomfortable.
Price isn’t doing much.
Both sides are frustrated.
And that’s usually a clue.
If Bitcoin wanted to break structure, it had a clean opportunity below demand.
It didn’t take it.
That tells me sellers are getting weaker, not stronger.
So my thinking stays simple:
I don’t want to chase upside after expansion.
I don’t want to panic into a sell-off that already swept liquidity.
I want to watch how price reacts around demand, because this is where real decisions are made.
As long as structure holds:
Pullbacks into the 88k–87k demand zone remain high-probability reaction areas.
Compression above demand keeps the door open for a mean-reversion move toward higher levels.
Only a clean breakdown and acceptance below ~84k would invalidate this structure.
Until then, I’m not trying to predict the next candle.
I’m trying to read behaviour .
Markets don’t move when everyone is excited.
They move when most people get bored, confused, or impatient.
Disclaimer:
This analysis is for educational purposes only. Not financial advice. Always manage risk and trade according to your own plan.
Evaluating Trend and Momentum Alignment with EMA & RSI🔎 Intro / Overview
This idea presents an EMA + RSI Alignment Framework designed to help traders understand market conditions rather than chase price movements.
Often, traders feel they have “missed the move”.
In most cases, this happens not because of late entries, but because market context was not clearly defined beforehand.
This framework focuses on evaluating trend direction and momentum quality first, so traders can better understand when conditions were supportive, unclear, or weakening.
⸻
📔 Concept
Indicators are frequently misused when applied in isolation.
This framework assigns clear and specific roles to each tool:
• EMA defines trend bias, not support or resistance.
• RSI measures momentum quality, not overbought or oversold levels.
A market environment is considered valid only when EMA and RSI are aligned.
When alignment is missing, price movement alone is treated as low-quality information.
This shifts focus away from prediction and toward environment assessment.
⸻
📌 How to Use
The framework is applied through three structured steps:
1. Identify Trend Bias (EMA)
• Price holding above EMA → bullish environment
• Price holding below EMA → bearish environment
• Price frequently crossing EMA → unstable environment
2. Assess Momentum Quality (RSI)
• RSI holding above 40 → supportive bullish momentum
• RSI holding below 60 → supportive bearish momentum
• RSI fluctuating around 50 → momentum instability
3. Confirm Alignment
• EMA + RSI aligned → valid market environment
• EMA + RSI misaligned → low-quality environment
This framework is used strictly for evaluation and learning, not execution.
⸻
📊 Chart Explanation
• Bullish Alignment Zone
Price holds above EMA while RSI confirms stable bullish momentum.
• No Alignment Zone
EMA flattens and RSI becomes unstable, indicating a low-quality environment.
• Bearish Alignment Zone
Price holds below EMA while RSI confirms bearish momentum.
The RSI panel is used only for confirmation, never for signal generation.
⸻
👀 Observation
Many traders feel they missed a move only after alignment has already occurred.
This framework helps visualize:
• When alignment was present
• When conditions became unclear
• When momentum weakened
Understanding this sequence helps traders learn from price behavior instead of reacting emotionally to it.
⸻
❗ Why It Matters?
Market movement alone does not equal opportunity.
By learning to recognize alignment vs misalignment, traders can:
• Avoid chasing price after moves are over
• Stay out of choppy or unstable conditions
• Build patience and contextual awareness
Context is often the difference between consistency and frustration.
⸻
🎯 Conclusion
The EMA + RSI Alignment Framework is a context-first approach to understanding market behavior.
It does not attempt to forecast future price moves.
Instead, it explains why certain environments supported movement and why others did not.
This makes it a valuable educational tool for developing disciplined, structured market understanding.
⸻
⚠️ Disclaimer
📘 For educational purposes only.
🙅 Not SEBI registered.
❌ Not a buy/sell recommendation.
🧠 Purely a learning resource.
📊 Not financial advice.
NSE FINNIFTY - Price Action BreakdownNSE FINIFTY is trading in the value area for more than 43 weeks. The price has overall three excesses at the upper band and three excesses at the lower band. This signals bull dominance. The control line validates itself with 11 touches.
Traders must look at the following scenario:
1. Price is at the control line, and 200 EMa has worked as crucial support. This is a powerful hurdle and can change the trend. This can reach up to 27500 - 28100 .
2. If sellers outnumber buyers by closing below the control line and EMAs, the next support level would be around 25,926.
We will update further information soon.
silver spot crucial update at higher lvlsilver spot support 96$ if market hold abv than next up side 100--105$ than after 120$ expect where if support break or close blow than expect down side 93--91$ in mcx 332000 if mkt hold abv than no worry for bulls soon expect 345--360000++++ only blow 327000 sustain than downside correction 4-5000rs/
Nifty Intraday Analysis for 23rd January 2026NSE:NIFTY
Index has resistance near 25475 – 25525 range and if index crosses and sustains above this level then may reach near 25700 – 26750 range.
Nifty has immediate support near 25125 – 25075 range and if this support is broken then index may tank near 24900 – 24850 range.
Market is expected to move upwards due to unwinding of January’26 Month F&O contract expiry as well as India EU trade deal scheduled on 27th January’26. However, downside risk still persists on global geopolitics uncertainty on the long weekend.
Banknifty Intraday Analysis for 23rd January 2026NSE:BANKNIFTY
Index has resistance near 59600 – 59700 range and if index crosses and sustains above this level then may reach near 60100 – 60200 range.
Banknifty has immediate support near 58800 - 58700 range and if this support is broken then index may tank near 58300 - 58200 range.
Market is expected to move upwards due to unwinding of January’26 Month F&O contract expiry as well as India EU trade deal scheduled on 27th January’26. However, downside risk still persists on global geopolitics uncertainty on the long weekend.
Finnifty Intraday Analysis for 23rd January 2026 NSE:CNXFINANCE
Index has resistance near 27375 - 27425 range and if index crosses and sustains above this level then may reach near 27650 - 27700 range.
Finnifty has immediate support near 26925 – 26875 range and if this support is broken then index may tank near 26650 – 26600 range.
Market is expected to move upwards due to unwinding of January’26 Month F&O contract expiry as well as India EU trade deal scheduled on 27th January’26. However, downside risk still persists on global geopolitics uncertainty on the long weekend.
Midnifty Intraday Analysis for 23rd January 2026NSE:NIFTY_MID_SELECT
Index has immediate resistance near 13450 – 13475 range and if index crosses and sustains above this level then may reach 13600 – 13625 range.
Midnifty has immediate support near 13200 – 13175 range and if this support is broken then index may tank near 13050 – 13025 range.
Market is expected to move upwards due to unwinding of January’26 Month F&O contract expiry as well as India EU trade deal scheduled on 27th January’26. However, downside risk still persists on global geopolitics uncertainty on the long weekend.
Part 5 Advance Trading Strategies Option Trading in Different Market Conditions
A. Trending Market
Buyers get benefit
CE/PE give good returns
B. Sideways Market
Sellers benefit
Strangles, straddles perform well
C. High Volatility
Premium expands
Good for selling post-news
D. Low Volatility
Cheap premiums
Good for buying before breakout
NIFTY COMPARE WITH YESTERDAY IDEA IMAGE Yesterday marked the same key levels (25,400 / 25,200 / 25,000)
Today NIFTY respected perfectly — rejection from 25,200 and moved down.
Now price is holding near 25,000 support zone — break = more downside, hold = bounce chance.
Levels stay same, only price reacts. Trade the reaction,
Disclaimer: We are not SEBI registered. This is for educational purpose only.
PNBHOUSING at crucial level of 860PNBHOUSING has retraced to a decisive level on the 15-minute timeframe. We are currently seeing a battle at the 860 mark, which has historically acted as a significant pivot point.
🔍 The Game Plan:
The Bearish Case: If the price fails to hold 860 and trades decisively below it, we may see a revisit to the historical support zone around 835–840. A breach there could open the doors toward the 822–825 level.
The Bullish Case: If the stock manages to sustain above 860, it signals a potential trend reversal. In this scenario, the immediate target I’m watching is the 900 psychological barrier.
OR
Stocks goes to support around 840 and then rebounce to 880+
💡 Key Execution Signal: Volume is King
Don't jump the gun. Wait for confirmation:
Long Entry: Price breaks upside and stays above 860 with a surge in volume.
Short Entry: Price breaks down below the support levels with heavy selling volume.
Smallcaps Break down in Five wavesNifty Smallcap 100 broke the falling trend channel on the way down but more than that the recent fall is now a five wave decline that might not be over. A five wave decline means that the larger trend has changed to bearish. It means that we are in a sell on rise market. A five wave decline once complete will also see a bigger retracement but the trend will remain down. Identifying a five wave decline is therefore important. Here we have it.






















