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Wave Analysis

Part 2 Trading MasterclassOption Trading vs Stock Trading Stocks = Ownership, long-term growth, dividends. Options = Contracts, leverage, flexible strategies. Stocks = Simpler, but capital-intensive. Options = Complex, but require less capital and offer hedging. For example: Buying 100 shares of Reliance at ₹2500 = ₹2,50,000. Buying 1 call option of Reliance at ₹100 premium with lot size 250 = only ₹25,000. This leverage makes options attractive—but also riskier. Real-Life Examples & Case Studies Case 1: Bull Market A trader buys Nifty 20000 Call at ₹200 premium. Nifty rallies to 20500. Profit = ₹300 (500 – 200). Huge return on a small premium. Case 2: Bear Market Investor holds TCS shares but fears a fall. Buys a protective put. When stock drops, put increases in value, reducing losses. Case 3: Neutral Market Trader sells an Iron Condor on Bank Nifty, betting price will stay range-bound. Premium collected = profit if market stays sideways.
NSE:NIFTYEducation
by SkyTradingZone
11
PCR Trading StrategyHow Options Work Let’s break it down simply: If you buy a call, you are betting that the price of the stock will go up. If you buy a put, you are betting that the price of the stock will go down. If you sell (write) a call, you are taking the opposite bet—that the stock won’t rise much. If you sell (write) a put, you are betting that the stock won’t fall much. Here’s a quick example: Stock XYZ trades at ₹100. You buy a 1-month call option with a strike price of ₹105 by paying a ₹5 premium. If the stock rises to ₹120, your option is worth ₹15 (120 – 105). Since you paid ₹5, your profit = ₹10. If the stock stays below ₹105, the option expires worthless, and you lose your premium of ₹5. This example shows that options can magnify profits if you’re right, but they can also cause losses (limited to the premium paid for buyers, unlimited for sellers). Types of Options A. Call Options Right to buy. Used when you expect prices to rise. Buyers have limited risk (premium) but unlimited upside. Sellers (writers) have limited gain (premium received) but unlimited risk. B. Put Options Right to sell. Used when you expect prices to fall. Buyers have limited risk but big upside if stock falls sharply. Sellers have limited gain (premium) but large risk if stock collapses.
NSE:RELIANCEEducation
by SkyTradingZone
7
Zee Entertainment – Wave 3/C on the Horizon?After topping near 151.44–151.70 (a neat double top), price corrected into 111.60 , completing what looks like Wave 2/B right around the 0.618 retracement. Now, signs of life are emerging: Volume has ticked higher, hinting at accumulation. RSI is forming higher lows and has regained strength above 50. The structure is shaping up for a fresh impulsive advance toward the 173–212 zone (1.0–1.618 extension). The path higher is expected to unfold as a 5-wave sequence, with Wave 3/C potentially targeting this blue zone overhead. ⚠️ Invalidation: A sustained move below 111.60 would negate this bullish sequence, opening the door for deeper 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:ZEELLong
by WaveXplorer
Bearish Continuation for ALGOUSD** IF you like my observation, please boost and follow for more content." Trade Overview: Entry: 0.2517 Stop Loss (SL): 0.2586 Take Profit (TP): 0.2434 Key Points: Trend Analysis: The price is currently under a bearish trend as indicated by the downward sloping blue trendline. This trendline shows consistent resistance, rejecting price rallies and continuing the bearish bias. The yellow trendlines represent key support and resistance zones, highlighting the consolidation range where the price has been fluctuating within a defined pattern. Market Structure: Price has formed a lower high (marked as point 4), followed by a lower low (point 5), confirming the continuation of the downtrend. This suggests that the market is likely to keep pushing lower towards the target. The price has retraced upwards but has failed to break the bearish trendline, reinforcing the idea of further downside potential. Entry Strategy: Entry Point: We are entering at 0.2517, just below the recent resistance, anticipating the price to continue downward after failing to breach the trendline. The price action at point (4) suggests weakness in the upward movement, making this a prime opportunity to capitalize on further downside movement. Risk-Reward Setup: The Stop Loss is set at 0.2586, just above the last swing high, giving room for minor retracements while protecting against a breakout above the trendline. The Take Profit is set at 0.2434, targeting the next level of support where the price could potentially find buying interest. This gives a favorable Risk-Reward Ratio of about 2:1. Volume Confirmation: Notice the increase in volume during the downward movement, suggesting that sellers are in control. A drop in volume during price retracements further validates the weak bullish momentum and confirms the expected continuation to the downside. Why This Setup? The bearish trend, price action, and trendline rejection all align with a continuation trade setup. The risk-reward is favorable, with a clear structure to exit the trade if the price moves against the position. The broader market context is also in line with a bearish outlook, making this a high-probability trade setup for the next few hours.
DELTAIN:ALGOUSD.PShort
by Crystal_0404
Buy Piramal EnterprisesPiramal Enterprises has been in a strong uptrend since 3rd March, completing a clear 5-wave impulse sequence on 18th July. Post that, the stock entered a Flat corrective structure (3-3-5) : Wave A bottomed on 23rd July Wave B peaked on 30th July, slightly exceeding equality with Wave A The ongoing Wave C unfolded as a 5-wave decline, with a clear 3rd wave extension Today, the correction likely completed at 38.2% of the prior 0–3 leg (measured from 4), which also coincides with a 50% retracement of the overall impulse and the stock has formed a strong reversal candle. This confluence strengthens the case for a reversal. Trading Plan: Buy: Current levels (around 1170–1180) Target: Previous swing high near 1350 Stop-loss: 1128 Risk remains until wave 4 zone, i.e. 1191 This setup offers a favorable risk-reward as the corrective structure looks complete, paving way for the next impulse.
NSE:PELLong
by ChartTheWave
PNB 1 Day ViewSupport Levels: ₹128.50 – Immediate support (recent swing low) ₹125.20 – Strong demand zone ₹121.80 – Major support Resistance Levels: ₹133.40 – Immediate hurdle ₹136.20 – Strong resistance (recent high area) ₹140.00 – Psychological & breakout level 📈 Trend & Structure: Price is trading above its 20 & 50-day EMA, indicating short-term bullishness. If it sustains above ₹133.40, momentum can push it towards ₹136–140 zone. Below ₹128.50, weakness may drag it toward ₹125.
NSE:PNBLong
by TechnicalExpress
12
Olectra Greentech: Power of the Mother Candle & Zone Flip📊 White trendlines mark the crucial control trend and resistance levels. 🕯️ The bold Mother Candle (highlighted in the orange box) is marked . 💗 Notice the Pink Zone — formerly a tough resistance area — now flipped into strong support after the breakout, a classic supply-to-demand flip! 💎 The Cyan Box highlights an emerging demand zone, where buying interest gathers ⚡ Right side is a Representation of Market structure on the Biggest Time frame ( Monthly time frame ) showcasing a Higher high and Higher low formation and respecting the EMA plotted . This is a stellar example of price structure and supply-demand dynamics in action—perfect study material for keen market observers. ⚠️ Disclaimer: This post is for educational and research purposes only. It does not constitute financial advice or a forecast. Always do your own analysis before making trading decisions.
NSE:OLECTRALong
by Averoy_Apoorv_Analysis
GBP/USD Bearish Trade Idea** IF you like my observation, please boost and follow for more content." Overview: The chart displays a clear bearish setup on the 1-hour timeframe for the GBP/USD currency pair. The pair has formed a descending triangle pattern, indicating potential downward price action. The price has been respecting the trendline resistance, which adds confidence to the short trade. Here’s a detailed breakdown of the key elements for this trade: 1. Pattern Formation: Descending Triangle: A continuation pattern that suggests consolidation and potential breakout to the downside. The price is nearing the apex of the triangle, and we anticipate the breakout to occur below the horizontal support at 1.34495. 2. Entry Point: The entry is set at 1.34475, just below the critical horizontal support level. This level aligns with the trendline resistance from previous price action, ensuring that we are positioning ourselves at a point where price momentum is likely to shift downward. 3. Stop-Loss (SL): The stop-loss is placed at 1.35060, just above the trendline resistance. This level is chosen to minimize the risk in case the price fails to break the support and reverses back upward. Keeping the SL tight ensures that the risk is controlled. 4. Take-Profit (TP): The take-profit level is set at 1.33774, based on the price's potential to reach a key support zone. The target is set at a conservative level, providing a strong risk-to-reward ratio while aligning with previous price action lows. 5. Risk to Reward Ratio: With a SL of 85 pips and a TP of 705 pips, the trade offers a favorable 1:8.3 Risk to Reward Ratio. This ensures that the reward far outweighs the risk, making it a worthy trade setup for those seeking high probability and high return trades. 6. Technical Indicators: Trend Indicators: The 9 and 20 EMA lines confirm the bearish trend as the price is trading below these EMAs. The cross of the 9 EMA below the 20 EMA further supports the downside momentum. Volume: A decrease in volume during the consolidation phase suggests a buildup for a breakout, likely to the downside as indicated by the pattern. 7. Conclusion: This trade setup provides a logical bearish scenario, supported by strong technical analysis. The entry, SL, and TP are placed strategically based on price action and pattern confirmation. A breakout below the support level at 1.34475 would trigger the short position, aiming for the next significant support at 1.33774. The risk is well-managed with a tight SL, and the reward is significant, offering an excellent risk-to-reward profile. Make sure to monitor the breakout closely, as this setup depends on the price respecting the triangle formation.
Short
by Crystal_0404
Elliott Wave Analysis – BTCUSD 22/8/2025 Momentum • D1 timeframe: Momentum is currently in the oversold zone, with the downside range narrowing → suggesting the decline is slowing. This supports the potential for a short-term bullish rebound. • H4 timeframe: Momentum is turning upward, but the current strength is not yet enough to confirm a sustainable uptrend. Key signal: if H4 momentum enters the overbought zone and price breaks above the previous high, it will confirm a more solid bullish trend. • H1 timeframe: Momentum is turning down. Ideally, the pullback should not break below the 112k level. If this support holds, it would be the first signal of a possible bullish reversal. Wave Structure • D1 timeframe: Price has broken below the wave 4 low and is now reacting around this zone → confirming the risk of a longer-term corrective decline. However, D1 momentum still supports a short-term rebound in the form of wave B. This means we should avoid long-term Buy positions for now, and only treat upcoming upside moves as corrective rallies. • H4 timeframe: Price remains within a 5-wave structure (1–2–3–4–5, red). This could either be wave A of an ABC correction or wave 1 of a larger corrective structure. Further observation is needed. • H1 timeframe: A 5-wave structure (black) seems to be forming, with wave 5 potentially unfolding as an ending diagonal (triangle). Once this triangle completes, a sharp upward move is expected. Confirmation will come if price breaks above the 2–4 trendline. For now, watch for a break above 113.5k to trigger entry. Trading Plan • Stay patient and wait for a breakout above the 2–4 trendline on H1. • If confirmed, consider entering Buy positions to ride the corrective rebound.
OANDA:XAUUSDLong
by WavePoint_FX
TCS – Wave 2 Correction Nearing Completion?TCS has been in a prolonged corrective phase since the all-time high at ₹4592. The decline has unfolded best as a W–X–Y double zigzag, with the current leg (Wave Y) progressing into its final stages. Wave W ended at ₹3056 after a sharp A–B–C decline. Wave X retraced to ₹3630. Wave Y is in progress, and its C leg appears close to exhaustion. A mini 4th-wave triangle has developed, suggesting a final push lower remains. The termination zone for Wave 2 is highlighted between ₹2926–₹2850, aligning with the prior Wave 4 support zone. Importantly, bullish divergence is likely to emerge on RSI if price makes a marginal new low. Key Levels: Support zone : 2926–2850 (probable Wave 2 low). Bearish invalidation : A sustained move above 3370 would invalidate the immediate bearish count. Bigger picture : If this structure holds, it would complete Wave 2 of a higher degree, setting the stage for a powerful Wave 3 rally ahead. 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:TCSLong
by WaveXplorer
NIFTY : Trading levels and plan for 22_Aug-2025📌 Nifty Trading Plan for 22-Aug-2025 Key Levels from Chart: Opening Resistance → 25,124 Opening Support → 25,033 Profit Booking Zone (Last Intraday Resistance) → 25,308 – 25,363 Opening Support in Gap Down Case → 24,951 Last Intraday Support → 24,849 Previous Close → 25,076.95 🚀 Scenario 1: Gap Up Opening (100+ points above previous close) If Nifty opens above 25,175+, bullish sentiment will dominate the early session. Immediate hurdle is 25,308 – 25,363 (Profit Booking Zone). Traders should expect selling pressure here as short-term players may book gains. Sustaining above 25,363 can extend momentum further, but risk-reward weakens for fresh longs. If rejection happens from 25,308–25,363, index could retest 25,124 support. 💡 Plan of Action : Look for long trades above 25,124 with confirmation, targeting 25,308–25,363. Trail stop-loss below 25,033. Book partials at resistance and avoid fresh longs if market looks tired near highs. 📊 Scenario 2: Flat Opening (within ±50–80 points of 25,077) Flat openings often cause range-bound moves until a breakout. Price between 25,033 – 25,124 is a No Trading Zone . Avoid entering inside this range to prevent whipsaws. Breakout above 25,124 can trigger a rally toward 25,308 – 25,363 zone. Breakdown below 25,033 opens weakness toward 24,951. 💡 Plan of Action : Stay patient. Go long only above 25,124 or short below 25,033. Inside range, avoid overtrading and save capital for directional clarity. ⚠️ Scenario 3: Gap Down Opening (100+ points below previous close) If Nifty opens near 24,950 or below, sellers will dominate. Support at 24,951 may attract intraday buying or short-covering bounce toward 25,033. If 24,951 breaks decisively, expect further downside toward 24,849 (Last Intraday Support). Failure to sustain below 24,951 can trap shorts, leading to a recovery back to 25,124 resistance zone. 💡 Plan of Action : Go short only if 24,951 breaks with volume, keeping stop-loss above 25,033. For scalpers, a bounce from 24,951 can be used for quick longs with strict SL. 📌 Risk Management Tips for Options Traders 💡 Never chase option premiums after a big gap — premiums are inflated, wait for retracements. Stick to defined-risk strategies (spreads, butterflies) instead of naked buying. Always use stop-loss on options since time decay works against buyers. Avoid over-leveraging — allocate not more than 2–3% capital per trade. Book partial profits near key levels 🎯 and trail the rest. 📝 Summary & Conclusion Above 25,124, momentum can extend toward 25,308 – 25,363, where profit booking is expected 🚀. Between 25,033 – 25,124, market is in a No Trading Zone ⚖️. Avoid traps. Below 25,033, weakness toward 24,951, and if broken → 24,849 ⚠️. 👉 The day will be highly level-driven, and patience is key. Trade only at breakouts/breakdowns for clear setups. ⚠️ Disclaimer I am not a SEBI registered analyst. This analysis is purely for educational purposes . Please consult your financial advisor before making any trading or investment decision.
NSE:NIFTYLong
by LiveTradingBox
1
BANKNIFTY : Trading plan and levels for 22-Aug-2025📌 BankNifty Trading Plan for 22-Aug-2025 Key Levels from Chart: Opening Resistance → 55,849 Opening Support Zone → 55,622 – 55,697 Last Intraday Resistance Zone → 56,097 – 56,135 Last Intraday Support Zone → 55,334 – 55,395 Downside Target Support → 55,174 Previous Close → 55,733.90 🚀 Scenario 1: Gap Up Opening (200+ points above previous close) If BankNifty opens around 55,950+, buyers will dominate the initial sentiment. The first major hurdle is Opening Resistance at 55,849. If sustained above, momentum can quickly test 56,097 – 56,135 (Last Intraday Resistance Zone). A clean breakout above 56,135 can push the index toward 56,355 (Profit Booking Zone). However, failure near resistance could cause intraday profit booking, dragging it back toward the 55,849 retest zone. 💡 Plan of Action : Go long only above 55,849 with confirmation. Trail stop-loss below 55,697. Book partial profits near 56,135 and tighten stops beyond that. Avoid chasing if price struggles near resistance. 📊 Scenario 2: Flat Opening (within ±100 points of 55,734) Flat openings often lead to sideways choppiness around support and resistance zones. If price sustains above 55,849, bullish momentum may extend toward 56,097 – 56,135. Failure to break 55,849 and slipping below 55,622 – 55,697 (Opening Support Zone) will invite weakness. Breakdown below 55,622 can accelerate selling toward 55,334 – 55,395 (Last Intraday Support Zone). 💡 Plan of Action : Avoid trading inside 55,622 – 55,849 chop zone. Wait for breakout: long above 55,849 or short below 55,622 for clear momentum trades. ⚠️ Scenario 3: Gap Down Opening (200+ points below previous close) If BankNifty opens near 55,500 or below, bearish sentiment will dominate. Immediate cushion lies at 55,334 – 55,395 (Last Intraday Support Zone). Breakdown below this zone can drag the index toward 55,174 strong support. If 55,334 holds, expect a relief bounce back toward 55,622 zone. Be cautious of false breakdowns, as gap-downs often lead to short-covering rallies. 💡 Plan of Action : Go short only if 55,334 breaks with volume, keeping SL above 55,395. For long scalps, wait for bullish reversal patterns near 55,334 before targeting 55,622. 📌 Risk Management Tips for Options Traders 💡 Use hedged strategies like spreads or straddles in high volatility instead of naked buying. Place strict stop-losses on option premiums – don’t average losing positions. Respect the 2% rule → risk only 2% of total capital per trade. Avoid overtrading inside congestion zones; wait for directional clarity. Trail your profits and book partials near resistance/support zones 🎯. 📝 Summary & Conclusion Above 55,849, targets are 56,097 – 56,135, then 56,355 🚀. Between 55,622 – 55,849, sideways choppiness likely ⚖️ – avoid trades. Below 55,622, weakness toward 55,334 – 55,395, and if broken → 55,174 ⚠️. 👉 The day will be trend-driven outside the support/resistance zones. Discipline and patience are key to avoid false moves. ⚠️ Disclaimer I am not a SEBI registered analyst. This trading plan is shared purely for educational purposes . Please consult with your financial advisor before making trading or investment decisions.
NSE:BANKNIFTYLong
by LiveTradingBox
MCX: A Higher-Degree Correction Begins After Wave 5 TopThe rally in MCX reached its climax at 9115, which now marks the completion of a full 5-wave impulse sequence. Wave 5 stretched to 1.618x of Wave 1 and was accompanied by RSI divergence, a classic signal of exhaustion. This makes the top at 9115 significant, not just as an all-time high, but as the end of a higher-degree cycle. From here, the market is unfolding into a higher-degree corrective phase. The immediate decline from the top appears corrective in nature, with an incomplete Wave B still in progress. While a triangle remains a possibility, the structure currently favors a simple ABC zigzag, implying that a C-leg down may follow. The important level to watch is 7048.60, the previous ATH. Price should ideally hold above this zone to preserve the broader impulsive character of the rally. A sustained move below it would weaken the bullish outlook and raise the risk of a deeper correction. At the same time, 9115 now serves as the bearish invalidation level. If price were to break above this peak, it would negate the current corrective view and open the possibility of a new bullish sequence unfolding. In summary, the long-term uptrend has reached a natural pause. The near-term focus will be on how the correction develops — whether 7048.60 can provide support or whether the corrective leg extends deeper, with 9115 acting as the critical line in the sand for bearish continuation. 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:MCXShort
by WaveXplorer
Multi-Timeframe Strength | KIOCL> On the Weekly Timeframe (left), price has gone through extended consolidation phases with counter-trendline breaks and zones of supply transitioning into demand. > On the Monthly Timeframe (right), the broader structure highlights Higher Highs and Higher Lows, providing a clear larger-picture context. > Key Takeaway: Multi-timeframe alignment showcases structural clarity — from consolidation and shifts on the weekly to trend progression on the monthly.
NSE:KIOCLLong
by Averoy_Apoorv_Analysis
More room on the upsideVedanta CMP 447 Elliott - the next tgt from the mid point at 337 is giving a tgt of 549. That is a good 22% from the CMP. Expansion and Contraction Elliott - Here two swings are chosen that mark only the 50%. If the second swing is higher than the first one then the stock is expanding. If it is below then it is contracting and if it is very close or on top of each other it means its a symmetrical move, neither expanding nor contracting. Since the second swing marked in blue is very near the first one its an indication that the stock will move up but not majorly.
NSE:VEDLLong
by singh17vivek
Gold Outlook After FOMC NewsGold Outlook After FOMC News The recent FOMC meeting did not bring any new policy measures to support the economy. Chair Powell stated that conditions remain stable, and interest rates were kept unchanged. As a result, markets stayed quiet, with expectations now shifting towards September for potential updates. On the charts, gold completed wave A after reacting strongly to the trendline on the daily timeframe. I expect the market to now form an ABC corrective structure, which would complete a medium-term Elliott cycle. The recent rally also broke above the descending trendline on H4, confirming that the bullish momentum could be more sustainable. Currently, price is showing a mild pullback since the Asian session. A retracement of around 40–50% on the recent H4 candle would be a healthy move, and it could retest the broken descending trendline. If confirmed, this would establish a stronger bullish Dow structure, opening room for a longer cycle, at least until wave C completes. The H4 chart also supports this view, with MACD averages pointing upward and trading volume showing steady growth. Buy Zone: Around 3334 on the H4 candle, in line with the trend for holding medium- to long-term positions. Sell Zone: Around 3365, once wave C completes and a new cycle begins. Gold is now showing clearer technical direction. I hope this scenario helps traders align with the market trend. Wishing you all successful trades. #XAUUSD #Gold #TechnicalAnalysis #PriceAction #ElliottWave #Fibonacci #MACD #CommodityTrading #FOMC
OANDA:XAUUSDLong
by BrianLionCapital
Bitcoin 1 Day view Support Levels: $112,000 — a critical short-timeframe level; a sweep below this could trigger opportunities according to @CryptoMichNL. $113,000–$114,000 — active support zone where traders are positioning, as noted by Greeks.Live. $111,200–$112,700 — a daily + 4-hour Fair Value Gap (FVG) support area. Holding this region may prevent further downside. Resistance Levels: $115,000 — identified as a pressure zone by crypto observers; its breach could lead to renewed momentum. $115,700–$116,100 — Fibonacci-style resistance tiers from Barchart’s pivot-point analysis. What to Watch Next If BTC holds above $112,700–$113,000: Could attract buyers looking for a bounce, possibly aiming toward $115K+. If BTC breaks below $112K: Risk of deeper correction; next meaningful stop near $111K. If BTC clears $115K: Likely opens the path toward the $115.7–$116.1 zone and beyond.
BITSTAMP:BTCUSDLong
by TechnicalExpress
8