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Wave Analysis

#Banknifty Directions and Levels for Jan 12thCurrent View > If the market declines initially, the immediate support zone is expected to act as a strong support. > If price gets rejected from this zone, structurally this could be a 5th sub-wave. In that case, the 5th sub-wave correction may complete here, followed by a bounce of around 38%–61% of the minor swing. > This is the base structure. However, if price does not reject around the pullback zone, the 5th sub-wave could extend toward 58,737. Alternate View > The alternate scenario suggests a range-bound market with a bearish bias. > If the market opens positive, we can expect a bounce of around 23%–38%. However, even if a bounce occurs, the broader outlook remains bearish, and the market may return to its opening level by the end of the day.
NSE:BANKNIFTY
by Manickamtraders
1
PNB 1 Day Time Frame 📊 Daily Support & Resistance Levels These are common pivot-style levels based on recent price action — good for short-term intraday/next-day reference: Pivot (Daily Reference Zone): ~₹123.5-₹124 range (approximate) Resistance Levels (Upside Targets) R1: ~₹124.9–₹125.0 — first resistance zone near recent pivot upside. R2: ~₹127.1–₹127.2 — higher resistance zone on daily. R3: ~₹128.4–₹128.5 — extended resistance near recent highs. Support Levels (Downside Barriers) S1: ~₹121.5–₹121.8 — immediate support close below pivot. S2: ~₹120.2–₹120.7 — secondary support zone. S3: ~₹118.0–₹118.0+ — deeper support if price weakens. 📉 Other Short-Term Levels From Recent Technical Tools Pivot-based support (Choice India): ~₹101.7, ~₹100.5, ~₹98.4 — longer-range levels (not daily but multi-session reference). Bollinger bands (approx high/low daily bands): ~₹124.6 upper, ~₹115.0 lower. 🧠 Context from Indicators RSI around mid-range (~50–65), suggests no extreme in daily momentum right now. Moving average support around 50/100-day range (₹120–₹117) can act as dynamic support zones. 📌 How to Use These Levels Bulls watch: Break above R1 (~₹125) for continuation toward R2/R3 (~₹127-128). Bears watch: If price breaks below S1 (~₹121.5), next support comes around S2/S3 (~₹120 / ~₹118). Pivot levels near ₹123-124 act as a short-term sentiment line — above is bullish, below is cautious.
NSE:PNBLong
by Knowledgehub
2
#Nifty Directions and Levels for Jan 12thGood morning, friends! 🌞 Market Directions and Levels for Jan 12th Global remains positive, though Indian markets show a bearish bias. Today, the market may open neutral to slightly gap down, as GIFT Nifty trades about 20 points lower. Current View > If the market declines initially, the immediate support zone is expected to act as a strong support. > If price gets rejected from this zone, structurally this could be a 5th sub-wave. In that case, the 5th sub-wave correction may complete here, followed by a bounce of around 38%–61% of the minor swing. > This is the base structure. However, if price does not reject around the pullback zone, the 5th sub-wave could extend toward 25,550–25,580 for Nifty. Alternate View > The alternate scenario suggests a range-bound market with a bearish bias. > If the market opens positive, we can expect a bounce of around 23%–38%. However, even if a bounce occurs, the broader outlook remains bearish, and the market may return to its opening level by the end of the day.
NSE:NIFTY
by Manickamtraders
NIFTY : Trading levels and Plan for 12-Jan-2026(Timeframe: 15-min | Gap criteria considered: 100+ points) 🔑 Key Levels (from chart) Last Intraday Resistance: 25,998 Opening Resistance Zone: 25,742 – 25,816 Spot / Pivot Area: 25,700 Opening Support Zone: 25,592 – 25,647 Last Intraday Support: 25,353 🧠 Market structure note: NIFTY is in a short-term downtrend, but currently showing a relief bounce from demand. Price is approaching an important supply zone, where rejection risk remains high unless acceptance improves. 🟢 1. GAP-UP OPENING (100+ Points) If NIFTY opens above 25,742, it will be a pullback rally into resistance. 🎓 Educational Insight Gap-ups in a corrective downtrend often face selling near supply zones. Strength is confirmed only when price holds above resistance, not just spikes. Plan of Action Avoid aggressive longs in the first 15 minutes ⏳ Sustain above 25,816 → move toward 25,998 Rejection from 25,742 – 25,816 → pullback toward 25,700 Fresh longs only after retest + higher low Options idea: Bull Call Spread (ATM buy + OTM sell) 🟡 2. FLAT OPENING If NIFTY opens near 25,680 – 25,720, expect range-bound and volatile price action. 🎓 Educational Insight Flat opens near VWAP / pivot after a sell-off usually result in false breakouts. Direction emerges only after range expansion with volume. Plan of Action Above 25,742 → upside toward 25,816 Failure above 25,742 → sideways to weak bias Break below 25,592 → selling toward 25,353 Avoid trades inside the middle range 🚫 Options idea: Iron Fly / Short Strangle with hedge 🔴 3. GAP-DOWN OPENING (100+ Points) If NIFTY opens below 25,592, bears remain firmly in control. 🎓 Educational Insight Gap-downs into demand can cause short covering bounces, but continuation happens if price fails to reclaim the opening range. Plan of Action First support to watch: 25,592 – 25,647 Weak bounce + rejection → downside toward 25,353 Sustain below 25,353 → further trend continuation Avoid fresh shorts exactly at support Options idea: Bear Put Spread / Put Debit Spread 🛡️ Risk Management Tips (Options Trading) Risk only 1–2% capital per trade 💰 Prefer spreads over naked buying in volatile zones Book partial profits at resistance/support levels No averaging against the trend 🚫 Stop trading after 2 consecutive losses 🧠 🧾 Summary & Conclusion Above 25,816: Relief rally toward 25,998 25,742 – 25,816: Selling / supply zone Below 25,592: Weakness toward 25,353 Focus on price acceptance, not prediction 🎯 ⚠️ Disclaimer I am not a SEBI-registered analyst. This trading plan is for educational purposes only. Markets are risky, and I may be wrong. Please consult a qualified financial advisor before taking trades.
NSE:NIFTY
by LiveTradingBox
Weekly Timeframe Price Action MasteryObserve the red supply zone where price consistently faces resistance, halting upward moves with precision. The green demand zone, formed after a decisive breakout from prior resistance, now acts as robust support for subsequent bounces. The white counter trend line serves as the pattern's key action line, guiding price movements with remarkable adherence across multiple tests. Zone Dynamics Supply zones in red mark areas of overhead selling pressure on weekly charts, often leading to rejections. Demand zones in green emerge post-breakout when former resistance flips, attracting buyers on retracements. These zones filter noise effectively in trending markets. Counter Trend Line Role This white line defines the counter-trend structure, respected through pullbacks and rallies. Price follows it as a dynamic guide, confirming pattern integrity without implying direction. Such lines enhance zone analysis by highlighting momentum shifts. Disclaimer This post showcases historical price action only and constitutes neither financial advice nor trading signals. Trading involves substantial risk of loss; conduct your own analysis and consult professionals.
NSE:GNALong
by Averoy_Apoorv_Analysis
GODREJPROP 1 Day Time Frame 📊 Current Price Context • Trading around ₹1,930 – ₹2,055 region recently on NSE (price may vary slightly with live market conditions). 📌 Daily Pivot & Standard Levels (Calculated from recent daily price ranges) • Pivot (P): ~ ₹2,021 – ₹2,030 • Resistance: • R1: ~ ₹2,060–₹2,080 • R2: ~ ₹2,120–₹2,130 • R3: ~ ₹2,160–₹2,170 • Support: • S1: ~ ₹1,950–₹1,970 • S2: ~ ₹1,910–₹1,920 • S3: ~ ₹1,845–₹1,860 These are classic pivot derived zones — useful for identifying likely intraday reversal points. 📈 Alternate Pivot Levels (Other Calculations) Different providers have slightly varied daily pivot estimates: • Trendlyne style pivots: Pivot ~₹2,093, R1 ~₹2,124, R2 ~₹2,154, R3 ~₹2,180, S1 ~₹2,068, S2 ~₹2,042, S3 ~₹2,012. 📌 How to Use These Levels (1D timeframe) Bullish scenario: • A breakout above R1 (~₹2,060) could target R2 (~₹2,120) and R3 (~₹2,160+). Bearish scenario: • A break below S1 (~₹1,950) can expose S2 (~₹1,910) and then S3 (~₹1,845). Pivot behaviour: • Price holding above pivot (~₹2,021) suggests bulls may have edge intraday; below pivot suggests sellers may dominate.
NSE:GODREJPROPLong
by Knowledgehub
Part 4 Learn Institutional Trading What Are Options? At its core, an option is a financial derivative contract that gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a predetermined price (known as the strike price) on or before a specific date (the expiration date). Unlike buying the asset outright, purchasing an option requires paying a premium, which is the cost of acquiring the right conveyed by the option. Options are broadly classified into two types: Call Option: Gives the holder the right to buy the underlying asset at the strike price. Put Option: Gives the holder the right to sell the underlying asset at the strike price.
NSE:NIFTYEducation
by SkyTradingZone
Catostrophic time aheadDear Humans, I have a strange finding about the coming time which is going to be tougher than 2008, yes its 100years cycle and we are going to see repeat of 1929-1931, I have marked the fall in RED in WXYXZ style move, market always gives you one chance and we are still adamant on on upward direction and investing at top levels where smart money is selling quiet Easily.... Nifty doesn't have any charts or exchange was not there during this time while we can see in Dow john's chart. the current scenario at ground levels is that even a Lower and medium class is suffering because of the money scarcity in the market.. I can see that we are going to fall around 78%(precisely 76.4%) from highs by may 2027 in just one and half years time as we are in era of social media where movements are very fast ,,1929-1931 was 2.5 years time great depression.. " what name the market will it be given to this Catastrophic fall" .. those who were mongeringfall of 12500 levels pre covid high levels at 16000/18000/20000/23500, its time to see those levels again, yes by May/June 2026 . unfortunately they all became bulls now and talking of 28000-30000 levels. well the investor has to hold on for 6 years or more to see these levels again, as history suggest that once such brutal fall happens then time takes its own course to rise again. even Astro is suggesting Jupiter in 6/8 axis and malific ketu during this 6 years so the journey will be tough to rise from 6000 levels .. so its a time and price fall this time, both together.. Great Depression / Recession/ stagflation/WW3 god knows what all we see ? but chart is showing a horrific picture.. Its a bigger time frame fall ( weekly, monthly & Yearly) so post this destruction we will not see these brutal levels for next bigger cycle atleast.. may God gives energy & courage to face the tough time coming ahead.. Yes after this fall we will enter into big time bull ERA, Prosperity, growth and growth only.. This post will really help next to next generations to see this interesting finding, if this software pertains that time.. * disclaimer: its my personal finding for education purpose only and don't take any trade on basis of this.
NSE:NIFTYShort
by VishalSancheti
2
RELIANCE may head for 1111 #RELIANCE is forming a NEAT 3-3-5 FLAT and should head for 1111. Anybody in EW kindly study and share views. In simple terms if you see the two DTF and WTF charts , the stock is forming a 3-3-5 FLAT correction STARTING 12 July 2024 where sub wave -a has three sub waves culminating at 1114 on 07 Apr 2025 and sub sub -c of this wave is ending as a 5 wave Ending Diagonal. Then we have sub wave-b going up in three sub waves again culminating at 1611 high on 03 Jan 2026. Now I am looking for sub wave -c going deep down to 1111 in five sub waves 1-2-3-4-5 as I have shown in the DTF Chart. ANALYSIS INVALIDATION 1611 ( or even 1575 may be good enough for invalidation). THIS DTF CHART ( Daily Time Frame).Lets C
NSE:RELIANCEShort
by kalushbhatia
Nifty Analysis for Jan 12-13, 2026Wrap up:- As mentioned earlier, due to break of 25693, whole of the counts of wave y of 5 have been changed and wave a of y has been completed at 26325 and wave b of y is expected to be completed in the range of 25638-25595. Thereafter, Nifty will head towards wave c of y. What I’m Watching for 12th to 16th Jan, 2026 🔍 Buy Nifty if it sustains above @25909 sl 25595 (15 min. candle closing basis) for a target of 26086-26148-26263. Disclaimer: Sharing my personal market view — only for educational purpose not financial advice. "Don't predict the market. Decode them."
NSE:NIFTYLong
by ChartMasteryHQ
Paytm - Is a Bearish Barrier Triangle Signaling a Deeper CorrectLooking at the 4H chart for One 97 Communications Ltd. (Paytm), Am seeing a classic consolidation pattern following a strong impulsive move. After completing what appears to be a 5-wave sequence (blue labels), the price action is now squeezing into a Barrier Triangle structure—a specific Elliott Wave pattern that often precedes a sharp "thrust" in the direction of the larger trend. Wave B did an exactly 0.786 retracement. Below 1260, its gonna be a straight fall to 1100 odd. RSI already indicating a clear breakdown.
NSE:PAYTMShort
by seeramvenkatesh
ETERNAL: Early Signs of "U" shaped turnaround‽Technicals: ETERNAL has completed a full markdown phase after distribution near the 345/355 supply zone. the sharp selloff was followed by prolonged sideways move near the lows which clearly signals selling exhaustion rather than continuation. price has been respecting the higher timeframe demand zone around 277/283, and every dip into this area is being absorbed quickly. From SMC perspective, this zone shows accumulation by stronger hands, not retail panic the narrow range candles and repeated rejections from below confirm that liquidity below 277 has already been swept the market is now compressing, preparing for a directional move. The 285/288 zone is the short-term decision level. acceptance above this area indicates a shift from accumulation to early expansion the curved forecast path you’ve drawn makes sense because this is not a momentum breakout scenario but a gradual re-pricing phase after a deep correction. As long as price holds above 277 and continues to build above 288, the bias remains bullish. Any move below 275 would break the demand structure and invalidate the bullish setup. Fundamentals: the stock has gone through expectation reset, not business breakdown. the correction reflects margin pressure and cautious earnings outlook which the market has already priced in during the decline. The key missing driver earlier was earnings visibility and that still remains the deciding factor. the market is currently in wait and watch mode ahead of results this explains why price is basing instead of rallying aggressively. If upcoming results show margin stability, controlled costs, or neutral-to-positive guidance, institutional participation can increase. That would align perfectly with the accumulation seen on charts and fuel the next expansion leg without confirmation, price may still move higher but in a controlled and selective manner. In short, fundamentals support stability first and trend continuation only after confirmation. Levels to Watch Higher timeframe demand zone: 277–283 Bullish bias holds above: 288 First upside objective: 303 Major structure level: 323 Supply zone: 343 Extended liquidity target: 377 Invalidation level: Below 275 Technically, sellers are done. Structurally, accumulation is in place. Fundamentally, the business is stabilizing, not failing. Above 288, the chart supports your bullish roadmap step by step toward higher liquidity zones. This is a structured recovery setup, not a hype-driven rally. Like, comment your thoughts, share this post Explore more stock ideas on the right hand side! Disclaimer: This post is for educational purposes only and should not be considered a buy/sell recommendation.
NSE:ETERNAL
by iVishalPal
Part 1 Intraday Master Class How Options Work: Buyer vs Seller Option trading is essentially a contract between two participants: Option Buyer (Holder) Option Seller (Writer) 1. Role of the Option Buyer The buyer pays a premium and gets rights: Buy (Call Buyer) Sell (Put Buyer) Buyers have: ✔ Limited Risk ✔ Unlimited Profit Potential ✔ No Obligations If the market doesn’t move favorably, a buyer can simply let the option expire. Maximum loss = premium paid. 2. Role of the Option Seller Sellers take on obligations. Call Seller: must sell at strike price Put Seller: must buy at strike price Sellers have: ✔ Limited Profit (premium only) ✘ High risk if market moves against them ✘ Obligations to fulfill the contract Option sellers usually benefit from: Time decay Range-bound markets High implied volatility Yet, they must manage risk strictly because one bad trend can cause huge losses.
NSE:RELIANCEEducation
by SkyTradingZone
BTCUSD – 1H | Liquidity Run → Distribution →Mean Reversion ScenePrice delivered an impulsive expansion into premium after sweeping internal liquidity from the range lows. That move was displacement, not acceptance. We are now stalling at a prior H1 supply / EQH zone near the range high. Structure here is weak: wicks, overlap, and loss of momentum hint at distribution rather than continuation. Narrative Liquidity taken above recent highs Price taps premium supply Expect a lower high / range failure Smart money likely reallocating shorts Execution Bias Shorts favored below the blue level Invalidation only on clean H1 acceptance above supply Downside Targets Range mid → internal liquidity Range lows External sell-side resting near deep discount zone Until price shows acceptance above supply, this remains a sell-the-rally environment. Expansion up was the trap. Mean reversion is the play.
KRAKEN:BTCUSDShort
by YCGH_Capital
Gold (XAUUSD) – Detailed Technical Analysis Gold remains **structurally bullish** across the intraday and higher-timeframe charts. **Trend & Structure** * On the **1H timeframe**, price is in a strong **impulsive uptrend**, printing higher highs and higher lows. * The sharp rally from the **4520–4540 demand zone** confirms aggressive buyer participation and trend strength. * Current price is consolidating just below the recent high near **4600–4610**, forming a **bullish pause/flag**, not a reversal. **Key Levels** * **Immediate Resistance:** 4600–4610 (recent high & supply zone) * **Major Support:** 4560–4550 (intraday demand & prior breakout) * **Deeper Support:** 4520–4500 (HTF demand, trend invalidation below) **Lower Timeframe (5M) Insight** * Price is holding above the **VWAP / value area low**, suggesting smart money accumulation. * Consolidation above **4560** shows sellers failing to gain control, increasing odds of continuation. **Momentum & Volume** * Volume expanded strongly during the impulsive leg up and has now cooled — a **healthy consolidation**. * No signs of distribution yet; selling pressure remains weak. **Bias & Scenarios** * **Bullish continuation favored** above **4560** → upside targets at **4600 → 4630 → 4680** * A clean break below **4550** may trigger a **pullback toward 4520**, still buy-the-dip unless structure breaks. **Conclusion** Gold is **resting before the next leg higher**. As long as price holds above key demand, the path of least resistance remains **upward**. Bulls remain in control, and any dips into support are likely to attract fresh buyers. 🟡📊
OANDA:XAUUSD
by carlos_fx2
IEX 1 Day Time Frame 📊 Daily Support & Resistance (Short‑Term Levels) Pivot‑based Daily Levels (from classical pivot calculations): Resistance 1 (R1): ~₹145.5 Resistance 2 (R2): ~₹147.1 Resistance 3 (R3): ~₹148.2 Pivot Point: ~₹144.5 Support 1 (S1): ~₹142.9 Support 2 (S2): ~₹141.8 Support 3 (S3): ~₹140.2 ➡️ These are typical classic pivot levels for the current trading day based on the previous day’s price action. 📈 Modern Technical Levels From recent pivot analysis on a broader timeframe (but still relevant for daily intraday levels): Immediate Resistance: ~₹183.7 Next Resistance: ~₹188.5 Higher Resistance: ~₹191.1 Immediate Support: ~₹176.3 Lower Support: ~₹173.7 Further Support: ~₹168.9 ⚠️ These levels above are from recent pivot indicators (likely based on slightly longer lookback than 1D but often used by traders together with daily pivots). ✨ How to Use These Levels in 1‑Day Trading Resistance levels → Possible price rejection or profit‑taking zones on upside rallies. Support levels → Areas where price might find buying or bounce if selling pressure eases. Pivot level (~₹144–145) → Balance point useful for gauging daily bias (above → bullish, below → bearish).
NSE:IEXLong
by Knowledgehub
DMART 1 Week Time Frame 📊 Recent Price Range (Last Week) Stock was trading around ₹3,780–₹3,900 in the recent trading sessions. Weekly price change has been relatively modest, showing a small rise over the past week (~+1–2%) in some data and a slight variation in others due to different closing levels. 🛑 Weekly Support Levels These are key zones where the price may find buying interest / downside support over a short 1‑week horizon: 1. ₹3,665–₹3,705 — Short-term pivot/support cluster (near prior recent lows). 2. ₹3,531–₹3,597 — Lower support range that may act if the stock breaks below near‑term levels. 3. ₹3,340 — Broader 52‑week low area (reference of major historical support). 📈 Weekly Resistance Levels These are zones where the price may see selling pressure / upside barriers in the near term: 1. ₹3,841–₹3,881 — Near current pivot and first resistance for short‑term trading. 2. ₹3,929–₹3,950+ — Next upside resistance from classic pivot methods. 3 .Above ~₹4,000 — Psychological and technical interest level (also broker target levels in wider timeframe). 📌 Summary — 1‑Week Key Levels to Watch Level Type Price Zone Immediate Support ₹3,665 – ₹3,705 Deeper Support ₹3,531 – ₹3,597 Short‑Term Resistance ₹3,841 – ₹3,881 Higher Resistance ~₹3,929 – ₹3,950+
NSE:DMARTLong
by Knowledgehub