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Elliott Wave Analysis XAUUSD – September 23, 2025 Momentum • D1: Momentum is in an uptrend, currently on the 3rd bullish candle of the cycle. This suggests we may see at least 2 more bullish daily candles from now. • H4: Momentum has turned bearish, indicating the possibility of a corrective decline within today’s H4 structure. • H1: Momentum has already turned bearish and is approaching oversold territory. This shows the current decline is weakening, and a short-term rebound is likely. However, if momentum turns back up and enters the overbought zone but fails to break the previous high, another bearish leg may follow. ________________________________________ Wave Structure • D1: After completing wave 4 (yellow), price broke the previous high, confirming the continuation of the uptrend. Wave 5 (yellow) targets are projected at 3789.019 and 3887.117. • H4: Wave 3 (yellow) has completed, followed by a corrective structure in a flat WXY pattern. Currently, price is rising steeply, suggesting wave 5 (yellow) is underway. With H4 momentum turning bearish, this pullback could correspond to wave 4 within the ongoing wave 5 (yellow). • H1: Wave 3 (black) has formed with a complete 5-wave sequence (blue). Price is now in wave 4 (black), which could develop as a Zigzag, Flat, or Triangle correction. Wave 4 (black) target zones: 1. 3729.447 2. 3709.732 3. 3696.422 Once H4 momentum turns bullish from the oversold region, the nearest level among these zones is the most likely end of wave 4. ________________________________________ Trading Plan Buy limit strategy at support zones: • Buy Zone 1: 3730 – 3727 o SL: 3719 o TP: 3760 • Buy Zone 2: 3710 – 3707 o SL: 3696 o TP: 3729 If price extends lower, additional buy opportunities can be considered around 3696 or deeper levels marked on the chart. ________________________________________ 👉 The primary trend remains bullish, with wave 5 (yellow) in progress. The plan is to wait for wave 4 (black) to complete and then enter Buy positions in alignment with the larger uptrend.
OANDA:XAUUSDLong
by WavePoint_FX
ITC Limited Weekly Chart – Wave Y Targets Support ClusterITC has been trending lower since the ₹498.85 peak, carving out what appears to be a complex W-X-Y correction. The first leg (W) found support near ₹391.20, followed by a corrective bounce into X at ₹444.20. The decline since then has kept price under a descending trendline, respecting the larger corrective rhythm. Wave Count Wave W: Completed into the ₹391.20 low. Wave X: Counter-trend rally capped at 444.20. Wave Y: Now unfolding, with sub-wave (C) still incomplete. The broader structure hints that ITC may continue toward the support cluster (₹350–375) before this correction runs its course. Indicators Volume : Muted on upticks – rallies lack buying strength. RSI (~44) : Mid-zone, leaving space for further downside before oversold conditions. Weekly 50/100 MA crossover : Adds weight to the ongoing corrective bias. Invalidation A decisive break above ₹422.45 and sustained strength beyond 427 would question this bearish view, hinting at a possible shift back to bullish sequences. Summary Unless ITC reclaims higher ground above 422.45, the bias stays toward a Wave Y completion in the support cluster zone. 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:ITCShort
by WaveXplorer
8
BANKNIFTY : Trading levels and plan for 23-Sep-2025BANK NIFTY TRADING PLAN – 23-Sep-2025 Levels to Watch: 🟥 55,784 – Major Upside Resistance 🟥 55,595 – Last Intraday Resistance 🟥 55,465 – Opening Resistance 🟧 55,261 – 55,311 – Flat Opening Zone (Support/Resistance) 🟩 55,102 – 55,152 – Opening & Last Intraday Support 🟩 54,862 – Major Downside Support 🚀 Gap Up Opening (200+ points above previous close) If Bank Nifty opens above 55,465, buyers will have the initial advantage. The first hurdle to watch is 55,595. Sustaining above this level may attract further momentum toward 55,784. However, if rejection comes near 55,595, we may witness profit booking, and the index could retest the 55,465 zone. Traders should wait for a sustained candle close above 55,595 before attempting long positions with targets near 55,784. Educational Note: A gap-up near resistance can often trap aggressive buyers. Always confirm with price action instead of jumping in immediately. 📉 Flat Opening (within 100 points range) In this case, focus will be on the 55,261 – 55,311 zone, which will act as the deciding area. Sustaining above this zone can trigger buying toward 55,465 and then 55,595. Failure to hold here may drag the index down to 55,102 – 55,152 support. A break below this support zone could open the way for 54,862. Educational Note: Flat openings provide the clearest opportunity for structured intraday trades because levels from the previous day remain valid. Patience during the first 15–30 minutes is key. ⚠️ Gap Down Opening (200+ points below previous close) If Bank Nifty opens below 55,102, it will show weakness, and pressure may build toward 54,862. Any attempt to recover will face resistance first at 55,102 – 55,152, and then at 55,261 – 55,311 if buyers push further. A sustained move below 54,862 can lead to deeper selling, but oversold bounces may occur, so manage positions carefully. Educational Note: Gap downs tend to induce panic trades. Avoid rushing into shorts at the open; instead, let the first 15 minutes establish whether weakness will sustain. 💡 Risk Management Tips for Options Traders : Always define your stop loss; do not average out of fear. Avoid selling naked options; prefer spreads to limit risk. Position sizing should not exceed 2–3% of total capital per trade. If trading intraday, trail your stop losses to protect gains. On volatile days, use ATM/ITM options for directional trades instead of far OTM, which may decay quickly. ✅ Summary & Conclusion : A Gap Up needs strong follow-through above 55,595 to aim for 55,784. A Flat Opening near 55,261 – 55,311 will decide the trend for the day. A Gap Down below 55,102 could invite selling pressure toward 54,862. Patience in the opening 30 minutes and respecting key support/resistance levels will be crucial for capturing the best risk-reward opportunities. ⚠️ Disclaimer : This analysis is for educational purposes only. I am not a SEBI-registered analyst . Please do your own research or consult with a financial advisor before taking any trading decisions.
NSE:BANKNIFTY
by LiveTradingBox
NIFTY : Trading levels and plan for 23-Sep-2025NIFTY TRADING PLAN – 23-Sep-2025 Nifty closed near 25,200, holding around the critical zone of 25,189–25,200, with multiple resistances above and strong support below. Opening Resistance: 25,261 Sideways Resistance Zone: 25,261–25,296 Last Intraday Resistance: 25,379 Major Resistance: 25,479 Opening Support: 25,189 Last Intraday Support (Buyers’ Zone): 25,000–25,046 With a gap opening threshold of 100+ points, let’s look at the trading scenarios in detail: 🚀 Gap Up Opening (100+ points above previous close) If Nifty opens near or above 25,300–25,320, it will enter a test zone of 25,261–25,296. A sustained breakout above 25,296 may invite momentum buying towards 25,379, and a further extension can take it towards 25,479. If Nifty fails to sustain above 25,296, then a pullback towards 25,261–25,200 can occur. This retracement may offer intraday shorting opportunities. 👉 Traders should avoid chasing the initial spike. Waiting for 15–30 minutes for confirmation will help avoid false breakouts. ⚖️ Flat Opening (near 25,180–25,220 zone) In case of a flat start, the immediate play will be between 25,189 (support) and 25,261 (resistance). A decisive move above 25,261 can attract bullish momentum towards 25,296–25,379. Conversely, slipping below 25,189 may drag Nifty back towards 25,046, which is a critical buyer’s zone. 👉 This is the best scenario for breakout traders, as both sides provide clear risk-reward setups depending on the direction chosen by the market. 📉 Gap Down Opening (100+ points below previous close) If Nifty opens near or below 25,100, immediate pressure will shift focus to the 25,000–25,046 buyer’s support zone. A quick bounce from this zone can trigger a recovery rally back towards 25,189–25,261. However, if Nifty breaks below 25,000 and sustains, it will trigger strong bearish momentum, possibly extending the fall towards 24,950–24,880 levels. 👉 In this setup, option traders can look for put buying opportunities but must keep stop-losses tight, as volatility will be high around psychological levels like 25,000. 🛡️ Risk Management & Option Trading Tips Always allow the first 15–30 minutes for market direction to settle before taking trades. Trade near support/resistance zones; avoid entries in the middle range. Follow hourly candle closing for breakout confirmations. Keep a 1:2 minimum risk-reward ratio to filter low-quality trades. In options trading, avoid over-leveraging as premiums decay quickly on sideways days. Respect levels like 25,000, which act as strong psychological supports/resistances. 📌 Summary & Conclusion Above 25,296, bullish momentum may extend towards 25,379–25,479 🚀. Flat openings will revolve around 25,189–25,261 levels, offering breakout trades ⚖️. Below 25,000, deeper bearish pressure may emerge, targeting 24,950–24,880 📉. Discipline, patience, and waiting for price confirmation at key levels will be crucial for success. ⚠️ Disclaimer I am not a SEBI-registered analyst. This analysis is only for educational purposes. Please do your own research or consult a financial advisor before making any trading decisions.
NSE:NIFTY
by LiveTradingBox
1
Hyundai Motors – Impulse Wave Completed Since listing on 22 Oct 2024, Hyundai bottomed on 7 Apr 2025 and has since been forming its first impulse wave. It appears that the stock has completed its first impulse wave of minor degree with a Wave 1 extension. The wave structure suggests that - Wave 1 extension had sub-wave 1 extension (as per EWP, extended sub-waves behave similar to parent wave). Wave 3 = 78.6% of Wave 1 Wave 5 = 78.6% of Wave 3 Internal wave counts align with the extension scenario. In case of Wave 1 extensions, Waves 3–5 usually terminate within 0.618 – 1.414x of Wave 1. Recommendation: Investors who are long may consider exiting at current levels or trade with a strict trailing stop loss.
NSE:HYUNDAIShort
by ChartTheWave
23 sep 2025 Nifty 50 Index with tomorrow’s key levels🔑 Key Levels 25,680 → Above 10m closing Short Cover Level Below 10m hold PE by Safe Zone 25,390 → Above 10m hold CE by Entry Level Below 10m hold PE by Risky Zone 25,280 → Above 10m hold Positive Trade View Below 10m hold Negative Trade View 25,120 → Above Opening S1 10m Hold CE by Level Below Opening R1 10m Hold PE by Level 25,008 → Above 10m hold CE by Level Below 10m hold PE by Level 24,920 → Above 10m hold CE by Safe Zone Level Below 10m hold Unwinding Level “Stay tuned for more learning – like & follow now!”
NSE:NIFTYLong
by mayuraj_820
Gold 1H – Fed Signals & Geopolitics Keep Bulls on the MoveGold on the 1H timeframe is trading around 3,705–3,710 after a strong breakout, staying within a rising channel. Liquidity is concentrated above at the premium resistance zone near 3,716–3,718, while demand is positioned lower at 3,687–3,689 and deeper at the FVG zone 3,654–3,656. Recent dovish signals from the Fed following last week’s rate cut, coupled with rising geopolitical tensions, continue to bolster safe-haven demand. However, upcoming U.S. inflation data and Fed speakers could trigger engineered moves into premium supply before retracements into discount demand zones. ________________________________________ 📌 Key Structure & Liquidity Zones (1H): • 🔴 SELL ZONE 3,718–3,716 (SL 3,725): Premium resistance where liquidity sweeps may cause short-term rejections targeting 3,710 → 3,700 → 3,690. • 🟢 BUY ZONE 3,687–3,689 (SL 3,680): Near-term demand zone aligned with channel structure, offering a pullback entry targeting 3,695 → 3,700 → 3,715+. • 🟢 FVG BUY ZONE 3,654–3,656 (SL 3,647): Deeper discount support, attractive for longer setups targeting 3,670 → 3,685 → 3,700+. ________________________________________ 📊 Trading Ideas (Scenario-Based): 🔺 Buy Setup – Pullback to Demand (3,687–3,689) • Entry: 3,687–3,689 • Stop Loss: 3,680 • Take Profits: TP1: 3,695 TP2: 3,700 TP3: 3,715+. 🔺 Buy Setup – FVG Sweep (3,654–3,656) • Entry: 3,654–3,656 • Stop Loss: 3,647 • Take Profits: TP1: 3,670 TP2: 3,685 TP3: 3,700+ 🔻 Sell Setup – Premium Liquidity Run (3,716–3,718) • Entry: 3,718–3,716 • Stop Loss: 3,725 • Take Profits: TP1: 3,710 TP2: 3,700 TP3: 3,690. ________________________________________ 🔑 Strategy Note The Fed’s dovish stance and safe-haven flows from geopolitical risks are sustaining bullish momentum, but intraday structure suggests smart money may first engineer stop-runs into premium resistance before retracing toward demand. Maintain buy-the-dip bias at defined support zones, while cautiously fading liquidity sweeps near 3,716–3,718. Volatility could increase as markets await fresh U.S. inflation data and Fed policy remarks.
OANDA:XAUUSDLong
by Ryan_TitanTrader
AVNT FUTURE TARGET ?!🔥 Quick Take: After a strong rally, AVNT is consolidating near $2.00 – a key line in the sand. The next few candles could define whether bulls push higher or bears take control. 🗝 Key Levels: • Support: $2.00 | $1.58–$1.46 • Resistance: $2.40 | $2.67 | $2.88 📉 Bias: • Neutral → Bearish if $2.00 - $1.95 breaks. • Neutral → Bullish if $2.30 - $2.40 breaks. 💡 Scenarios: 1. Bounce: $2.00 hold → $2.40 → $2.67 2. Breakdown: $2.00 break → $1.58–$1.46 ⚠️ Takeaway: $2.00 is critical. Watch for either a decisive break or a strong rebound – this will set the next trend. 🚀 Why Watch: AVNT’s volatility after the recent rally means rapid moves can happen. Position sizing and risk management are key.
by Jitendra_Verma
1
Part 4 Learn Institutional Trading1. How Option Trading Works Imagine two traders: Rahul (Call buyer) thinks Infosys will go up. Neha (Call seller) thinks Infosys will stay flat or fall. Infosys spot = ₹1500. Rahul buys a Call option at 1520 strike for a premium of ₹20. Lot size = 100 shares. If Infosys rises to ₹1600, Rahul gains (1600 – 1520 = ₹80 profit – ₹20 premium = ₹60 net profit per share × 100 = ₹6,000). Neha loses ₹6,000. If Infosys stays below 1520, Rahul’s option expires worthless, and his maximum loss is ₹2,000 (premium paid). This shows how option trading is a zero-sum game: one’s profit is another’s loss. 2. Option Premium & Its Components The premium you pay for an option has two parts: Intrinsic Value (IV): Real profit if exercised now. For Call = Spot Price – Strike Price. For Put = Strike Price – Spot Price. Time Value (TV): Extra value due to time left till expiry (uncertainty = potential). As expiry nears, time value decays (Theta decay). 3. Moneyness in Options Options are classified based on relation between spot price & strike price: In the Money (ITM): Option has intrinsic value. Example: Spot ₹1600, Call strike ₹1500 = ITM. At the Money (ATM): Spot = Strike. Example: Spot ₹1600, Call strike ₹1600. Out of the Money (OTM): Option has no intrinsic value, only time value. Example: Spot ₹1600, Call strike ₹1700. 4. Participants in Options Market Hedgers – Reduce risk (e.g., an investor hedges stock portfolio with put options). Speculators – Take directional bets for profit. Arbitrageurs – Exploit price differences across markets. Option Writers (Sellers) – Earn premium by selling options, often institutions. 5. Why Trade Options? Benefits & Uses Leverage: Control large positions with small capital. Hedging: Protect portfolio against adverse moves. Flexibility: Multiple strategies for bullish, bearish, or neutral markets. Income Generation: Selling options can provide steady income. Risk Defined (for buyers): Maximum loss = premium paid. 6. Risks in Option Trading Unlimited Loss (for sellers): Option writers can face huge losses. Time Decay: Buyers lose money if market stays sideways. Volatility Trap: Sudden volatility crush can wipe out premiums. Complexity: Requires deep knowledge of Greeks & strategies. Liquidity Risk: Some options have low trading volume.
NSE:RELIANCEEducation
by SkyTradingZone
2
Part 3 Learn Institutional Trading1. Introduction to Option Trading Option trading is one of the most fascinating areas of financial markets. Unlike buying shares of a company, where you directly own a piece of the business, option trading gives you the right but not the obligation to buy or sell an underlying asset (like stocks, indices, currencies, or commodities) at a specific price within a specific period. This flexibility makes options powerful tools for hedging, speculation, and income generation. However, the same flexibility also makes them risky if not handled with proper knowledge. Many beginners are drawn to the huge profit potential in options, but without understanding the risks, they often lose money quickly. 2. What Are Options? Basic Concepts An option is a financial derivative contract. It derives its value from an underlying asset (like Reliance shares, Nifty index, gold, crude oil, or even USD/INR). When you buy an option, you’re not buying the asset itself; you’re buying the right to transact in that asset at a pre-decided price, called the strike price. Example: Suppose you buy a Call Option for Reliance at ₹2500 strike price, valid for 1 month. If Reliance’s stock rises to ₹2600, you can exercise your right to buy at ₹2500 (cheaper than market). If Reliance falls to ₹2400, you can simply let the option expire worthless (you don’t have to buy). This right-without-obligation feature is what makes options unique. 3. Key Terms in Option Trading Before diving deeper, let’s decode the important terminology: Strike Price – The fixed price at which you may buy/sell the underlying. Expiry Date – The date when the option contract ends. Premium – The cost you pay to buy the option. Lot Size – Options are traded in fixed quantities (e.g., Nifty option = 50 units per lot). Underlying Asset – The stock, index, or commodity on which the option is based. Exercise – The act of using your right to buy or sell at strike price. Settlement – How the trade is closed (cash settlement or physical delivery). 4. Types of Options (Call & Put) Call Option A Call Option gives you the right (not obligation) to buy the underlying at a fixed strike price before expiry. Buyers of Calls = Bullish (expect price to rise). Sellers of Calls = Bearish/Neutral (expect price to stay same or fall). Put Option A Put Option gives you the right (not obligation) to sell the underlying at a fixed strike price before expiry. Buyers of Puts = Bearish (expect price to fall). Sellers of Puts = Bullish/Neutral (expect price to stay same or rise).
OANDA:XAUUSDEducation
by SkyTradingZone
Part 2 Ride The Big Moves 1. How Options Work in Practice Suppose you buy a call option: Stock XYZ = ₹200. Call strike = ₹210. Premium = ₹5. Expiry = 1 month. If the stock rises to ₹230 before expiry: Profit = (230 – 210) – 5 = ₹15 per share. If the stock stays below ₹210: Loss = Premium paid = ₹5. So the risk is limited to the premium, but the profit can be large. 2. Why Do People Trade Options? Speculation – Traders use options to bet on price movements with limited risk. Hedging – Investors buy puts to protect their portfolios (like insurance). Income Generation – Selling options (like covered calls) can generate steady income. Leverage – Options allow control of large positions with small amounts of money. 3. Option Buyers vs. Option Sellers Option Buyer Pays the premium. Has rights but no obligation. Risk is limited to the premium. Profit potential can be high. Option Seller (Writer) Receives the premium. Has an obligation to buy/sell if the buyer exercises. Risk can be unlimited (in case of naked options). Profit is limited to the premium received. 4. Strategies in Option Trading Options are flexible. Traders combine calls and puts in creative ways to form strategies. Some common ones: Covered Call – Holding a stock and selling a call against it for extra income. Protective Put – Buying a put option to protect against downside risk in stocks. Straddle – Buying both a call and a put at the same strike to profit from big moves either way. Iron Condor – Selling both a call spread and a put spread to profit from low volatility. Bull Call Spread – Buying one call and selling another at a higher strike to reduce cost. Each strategy balances risk and reward differently. 5. Risks in Option Trading While options are powerful, they also carry risks: Time Decay – Options lose value as expiry approaches. Volatility Risk – Options are sensitive to changes in volatility. Liquidity Risk – Some options have low trading volume, making entry/exit difficult. Unlimited Loss (for sellers) – A naked call seller can face huge losses if stock rises sharply. Complexity – Misunderstanding option behavior can lead to unexpected losses. 6. Benefits of Option Trading Flexibility – You can profit in rising, falling, or sideways markets. Leverage – Control large exposure with small capital. Hedging – Protect your portfolio against downside risk. Defined Risk (for buyers) – Maximum loss is limited to the premium. Income Opportunities – Selling options can generate consistent returns.
NSE:NIFTYEducation
by SkyTradingZone
2
UltraTech Cement – Wave 4 Triangle Breakout, Wave 5 in MotionUltraTech Cement completed a higher-degree Wave 4 triangle between 12,078 and 10,047. The breakout from the E-wave low (10,047) kicked off Wave 5 . The first breakout attempt above 12,339 was followed by a clean retest of support , keeping the structure intact. Price is now carving out the internal subwaves of Wave 5. Strict support / stop loss sits at 12,078 – below this, the bullish thesis fails. RSI shows momentum rising but not yet at extreme levels – consistent with an unfolding Wave 5. Summary: A triangle in Wave 4 has given way to an impulsive Wave 5. As long as 12,078 holds, UltraTech Cement remains biased upward with higher targets open. The chart will be updated as price action evolves. 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:ULTRACEMCOLong
by WaveXplorer
Part 1 Ride The Big Moves 1. Introduction Option trading is one of the most exciting parts of the stock market. It allows traders and investors to speculate, hedge risk, and generate income in ways that simple stock buying and selling cannot. But because options involve contracts with specific rights and obligations, they can seem complicated at first glance. In this explanation, we’ll go step by step — covering what options are, how they work, the different types, common strategies, risks, and benefits. 2. What Are Options? An option is a financial contract that gives the buyer the right, but not the obligation, to buy or sell an asset at a pre-decided price within a fixed time frame. The asset could be a stock, index, commodity, or currency. The price is called the strike price. The time frame is the contract’s expiry date. Think of an option like a reservation. For example, if you pay a small deposit to lock in the price of a phone that you might buy next month, you have an “option.” If the phone price goes up, you’re happy because you can still buy it at the old locked price. If the price goes down, you can choose not to buy — but you lose the deposit. That’s exactly how options work in financial markets. 3. Types of Options There are two main types: Call Option – This gives the holder the right to buy the asset at the strike price. Traders buy calls if they expect prices to go up. Put Option – This gives the holder the right to sell the asset at the strike price. Traders buy puts if they expect prices to go down. Example: Stock ABC is trading at ₹100. A call option with strike price ₹105 gives you the right to buy at ₹105 before expiry. If the stock rises to ₹120, your call becomes valuable. If it stays below ₹105, the option may expire worthless. 4. Key Terms in Options Trading Before going deeper, let’s understand the basic terminology: Premium: The price paid by the option buyer to the seller. Strike Price: The pre-decided price at which the asset can be bought/sold. Expiry Date: The last day the option is valid. In the Money (ITM): When exercising the option would lead to profit. Out of the Money (OTM): When exercising would not make sense. At the Money (ATM): When the stock price equals the strike price.
NSE:AXISBANKEducation
by SkyTradingZone
Trdaing Master Class With Experts 1. Option Terminology Understanding options requires familiarity with specific terms: In the Money (ITM): Call: Spot price > Strike price Put: Spot price < Strike price At the Money (ATM): Spot price ≈ Strike price Out of the Money (OTM): Call: Spot price < Strike price Put: Spot price > Strike price Intrinsic Value: The real value if exercised now. Time Value: Extra premium above intrinsic value due to time remaining until expiration. Implied Volatility (IV): Expected volatility of the underlying asset, impacting option price. Delta: Measures sensitivity of option price to underlying price change. Gamma: Rate of change of delta. Theta: Rate of decline in option value due to time decay. Vega: Sensitivity to changes in volatility. 2. Types of Options Options can be classified based on exercise style and underlying asset: 2.1 Exercise Style American Options: Can be exercised anytime before expiration. European Options: Can only be exercised at expiration. 2.2 Based on Underlying Asset Equity Options: Based on stocks. Index Options: Based on stock indices. Commodity Options: Based on commodities like gold, oil, or agricultural products. Currency Options: Based on forex pairs. ETF Options: Based on exchange-traded funds. 3. Option Pricing Models Option pricing is influenced by multiple factors. The most widely used model is the Black-Scholes Model, which calculates the theoretical price of an option based on: Current stock price Strike price Time to expiration Volatility Risk-free interest rate Dividends Other models include: Binomial Model: Useful for American options with the flexibility of early exercise. Monte Carlo Simulation: Simulates random paths to estimate option value. Factors affecting pricing: Intrinsic value: The difference between spot price and strike price. Time value: More time to expiration = higher option value. Volatility: Higher volatility increases potential for profit, raising option price. Interest rates: Higher risk-free rates slightly increase call prices.
NSE:TATAMOTORSEducation
by SkyTradingZone
1
Trdaing Master Class With Experts1. Introduction to Options Options are financial derivatives that give the buyer the right, but not the obligation, to buy or sell an underlying asset at a specified price before or on a predetermined date. Unlike stocks, where ownership is outright, options are contracts with specific conditions. Underlying asset: Can be stocks, indices, commodities, currencies, or ETFs. Strike price: The price at which the option can be exercised. Expiration date: The date on which the option contract expires. Premium: The price paid by the buyer to acquire the option. Options are categorized into two main types: Call Options: Give the holder the right to buy the underlying asset at the strike price. Put Options: Give the holder the right to sell the underlying asset at the strike price. 2. The Mechanics of Option Trading Option trading involves two parties: the buyer (holder) and the seller (writer). Option Buyer (Holder): Pays a premium for the right. Can choose whether to exercise the option. Risk is limited to the premium paid. Option Seller (Writer): Receives the premium. Obliged to fulfill the contract if the buyer exercises. Risk can be unlimited (for naked calls) or limited (for covered positions). Key Features of Options Leverage: Options allow controlling a large number of shares with a relatively small investment. Limited Risk for Buyers: Buyers can only lose the premium paid. Flexibility: Options can be used for speculation, hedging, or income strategies. Time Decay: Option value declines over time, especially for out-of-the-money options. Volatility Sensitivity: Options pricing is heavily affected by changes in market volatility.
NSE:IGLEducation
by SkyTradingZone
A Rally Born in Silence: The Canara Bank SetupCanara Bank – Multi-Timeframe Impulse Reloaded On the 3-month timeframe, Canara Bank is staging what looks like a textbook long-term Elliott Wave impulse. With Wave (IV) bottoming out around ₹15.15 and a roaring rally taking us into Wave (V), the broader structure suggests that this could be the start of a generational uptrend, aiming toward the 2.618 extension near ₹206. Dropping down to the daily chart, things get even more compelling. The move off the March 2025 lows at ₹78.60 is showing all the signs of a fresh impulsive structure. That low aligns precisely with the higher-degree Wave (IV), suggesting the beginning of Wave (V) is already underway. What’s particularly interesting is how the current rally is unfolding — the green Wave 3, which started from ₹83.70, appears to be extending. It has already subdivided into a clean internal five-wave structure, with blue subwaves 1 through 4 in place and blue wave 5 in progress. This kind of extended third wave is not only typical but often the most powerful part of the move, carrying the strongest momentum. The current wave is aiming toward the 1.618 projection zone around ₹138, which would be a fitting cap for an extended third. Once this fifth subwave of green 3 completes, a corrective green Wave 4 would be due, likely shallow given the strength of the third wave, followed by one final push in green 5. On the risk side, the structure remains intact as long as price holds above ₹102.63 — the invalidation level for the current count. A break below would suggest the impulse failed and could force a reassessment of the bias. Until then, both the short-term and long-term wave counts remain firmly aligned to the upside, with momentum backing the structure on multiple timeframes. Chart will be updated as price action evolves. 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:CANBKLong
by WaveXplorer
2
COFORGE 1D Time frame🔍 Current Price Trading around ₹1,720 – ₹1,740 📊 Technical Indicators Trend: Bearish — price trading below short and medium-term moving averages. RSI (14): Around 26–27, showing oversold zone. MACD: Negative, indicating bearish momentum. ADX: Strong, meaning the downtrend has solid strength. ⚙️ Key Levels Immediate Resistance 1: ₹1,780 Resistance 2: ₹1,820 – ₹1,840 Immediate Support 1: ₹1,700 Support 2: ₹1,650 Deeper Support: ₹1,620 🧮 Base Strategy Long Setup: Entry: Near ₹1,700 if reversal signals appear Stop Loss: Below ₹1,650 Targets: ₹1,780 first, then ₹1,820+ Short Setup (Reversal): If price fails near ₹1,780 zone Targets: ₹1,700, then ₹1,650 Breakout Setup: If price sustains above ₹1,820 – ₹1,840 with volume Upside can extend toward higher levels
NSE:COFORGELong
by Knowledgehub
1
SUNPHARMA 1D Time frame🔍 Current Price Approximately ₹1,646 – ₹1,650 🧮 Strategy / Trade Ideas Long Setup: If price holds above ₹1,630 – ₹1,620 and shows reversal signals (bullish candle etc.), opportunity to go long. Target zones: first towards ₹1,655 – ₹1,660, then potentially ₹1,675 – ₹1,680. Stop-loss could be just below support around ₹1,620 to manage risk. Short / Pullback Setup: If price faces resistance near ₹1,655 – ₹1,660 and fails to break with conviction. Potential downside toward ₹1,630 first, then ₹1,600 if that support doesn’t hold. Breakout Setup: If price clears and sustains above ₹1,675 – ₹1,680, especially closing above ₹1,745 – ₹1,755, there may be scope for further upside. ✅ Summary Sun Pharma on the daily chart is moderately bullish. Key for continuation is holding above support in lower ₹1,600-₹1,630 zone, and overcoming resistance around ₹1,655-₹1,660. A breakout above ₹1,675-₹1,680 would strengthen bullish case; failure to hold support could lead to downside.
NSE:SUNPHARMALong
by Knowledgehub
2
its an opportunity to buyNifty IT Technical Analysis (CMP: 35590) Elliott Wave Analysis: the box from the mid point completes the 5 waves. Hence the rally was wave 1 and this correction wave 2. Therefore any dip now is an opportunity to buy. Fibonacci Analysis: The index's halt at the 61.8% retracement level suggests the uptrend remains intact. Conclusion: While the initial rally may have been missed, the current dip offers a favorable buying opportunity, supported by multiple indicators.
NSE:CNXITLong
by singh17vivek
GOLD WEEKPLAN: UP FIRST DOWN AFTEROANDA:XAUUSD Footprint Analysis The Footprint chart provides a more detailed view of the order flow. Here are some key points: Price Pullback: The recent candles show a decrease in buying pressure (green) and an increase in selling pressure (red). Volume Footprint: The trading volume (Total) and Delta (the difference between buying and selling pressure) on each candle show the order distribution. The candle on the 19th has a negative Delta (~ -5.96 K), indicating that selling pressure is dominant, which aligns with the corrective pullback. However, there's no major volume divergence, suggesting that this may only be a typical correction. Detailed Footprint Analysis: The numbers within each candle show the number of buy orders (on the left) and sell orders (on the right) at each price level. When the price pulls back to the Imbalance or Strong OB zone, it's crucial to monitor the Footprint for signs of buying pressure returning (Delta turning positive or significant buying volume at key price levels), which would serve as a confirmation signal for a long entry. OANDA:XAUUSD General Analysis The XAUUSD market is in a strong uptrend, confirmed by the market structure: Higher Highs (HH): Each new peak is higher than the previous one. Higher Lows (HL): Each new trough is higher than the previous one. Recently, the price created a Break of Structure (BOS), breaking the previous high, which indicates a continuation of the uptrend. After the BOS, the price established a new high (HH) and is now making a corrective pullback to find a strong support zone before continuing its upward momentum. Imbalance (Fair Value Gap - FVG): This is a liquidity void created when the price moves too quickly. According to SMC theory, the market tends to return to fill this gap. Location: The price range is from ~$3660 to ~$3670 USD. Significance: This zone could act as a temporary support level. If the price returns to this area, it might fill the Imbalance and then continue to rise. Strong OB (Order Block): This is a large block of orders left behind by "Smart Money" and often serves as a strong support or resistance zone. Location: The price range is from ~$3645 to ~$3655 USD. Significance: This is the strongest support zone to consider for a long entry. The price is likely to pull back to this area, tap into the order block, and then bounce back up to continue the trend. Additionally, there are two important liquidity zones to note: Buy Side Liquidity ($$$): Located above the most recent high (~$3700 USD). The price has the potential to move up to sweep this liquidity. Sell Side Liquidity ($$$): Located below the most recent low (~$3620 USD). This zone could be swept if there is a sharp market drop, but it's highly likely that the price will respect the bullish structure and not break this low.
OANDA:XAUUSDLong
by Linda_OneShotTrader
6