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Wave Analysis

A Short Gold Sell Opportunity You Can't MissLooking at the chart, gold continues to move steadily within a clear downtrend channel, with each peak and trough forming progressively lower levels over time. Currently, the price is approaching the upper boundary of the channel and interacting with the same resistance area where sellers have stepped in multiple times before, forcing the market to reverse. This behavior strongly indicates that the potential for a continued corrective move downward, in line with the main trend, remains intact. With this in mind, I believe a price decline toward the 4,080 level is a reasonable and logical target for the current correction. As long as the price hasn’t clearly broken through the upper boundary of the channel, I will continue to favor the scenario where the bearish trend remains dominant, viewing any upward movement as a mere pullback within the overall structure. This is not financial advice, but simply my personal perspective based on the current price action.
OANDA:XAUUSDShort
by LauraCharts
Candle Patterns ExplainedCandlestick patterns are one of the most powerful tools in technical analysis. They visually capture the battle between buyers and sellers and show you who is in control of the market at any moment. Each candle represents the market psychology of that particular timeframe—fear, greed, rejection, aggression, and hesitation. When you learn to read candles correctly, you understand the story behind price, not just the price itself. A single candlestick is made up of four important points: Open, High, Low, and Close (OHLC). The body of the candle represents the distance between open and close. The wicks (also called shadows) show the highest and lowest points reached during the candle. Bullish candles close higher than they open, while bearish candles close lower than they open. Candle patterns are broadly divided into three categories: Single-candle patterns, Double-candle patterns, and Triple-candle patterns. Each type gives different signals about trend continuation, reversal, or market indecision.
BSE:SENSEXEducation
by TechnicalExpress
KSB 1 Month Time Frame 📊 Recent Price & Context 1. As of this week, KSB share price is trading around ₹ 740–748. 2. Over the past 1 month, the stock has seen a decline: some data suggest ~–10% to –12% monthly movement. 3. 52-week trading range: ~₹ 582 (low) to ~₹ 912 (high). ⭐ What this implies (1-Month Outlook) Base case (neutral / consolidation): Price may hover between ₹ 702–750, possibly swinging around support-resistance zones if broader markets remain stable. Bullish near-term bounce: If sentiment or fundamentals improve (orders, demand, sector enthusiasm), KSB could test ₹ 738–750 — a key resistance cluster. Bearish downside: Weak macro or sector headwinds might push price toward ₹ 690, or — if broken — towards ₹ 678.
NSE:KSBLong
by Knowledgehub
Gold 1 Day Time Frame 🔎 Current Context 1. Gold currently trades around US $4,160–4,165/oz. 2. Many technical-analysis services show daily momentum as bullish: moving averages, RSI/MACD and other indicators point toward a positive bias. 3. But macro factors (strong USD, Fed policy, global risk sentiment) remain important and may cause sharp swings. ⚠️ What to Watch Out For Volatility: Gold remains sensitive to macro events — USD strength, rate expectations, major economic data — so price can easily break support/resistance zones. False Breakouts: Even if price crosses a level, it may revert quickly. Combine with other indicators (volume, price action, confirmations) before acting. Trend Shifts: A major change in global risk sentiment or central-bank moves can rapidly change trend direction, invalidating technical levels.
CITYINDEX:GOLDCFDLong
by Knowledgehub
UNIONBANK 1 Week Time Frame 🔎 Current snapshot Share price recently around ₹152.85–₹156.94. 52-week trading range: ~₹100.81 (low) to ~₹158.65 (high). Fundamentals wise: low P/E vs peers, reasonable book value / dividend yield. 📈 Short-term (1-week) “Levels to watch” Based on technical-forecast projections from providers: Level type Price Support (down-side) ~ ₹149.7 Alternate lower support ~ ₹140.0 (on a deeper dip) Base / near-term target (if stable / slightly bullish) ~ ₹157-₹159 Upside breakout target ~ ₹162–₹165 (if momentum picks up) Interpretation: If price dips, ₹149–150 may act as immediate support. On bounce or flat consolidation, ₹157-₹159 is plausible. A clean breakout could take price toward ₹162–₹165 within a week — though that likely requires favourable macro / market mood.
NSE:UNIONBANKLong
by Knowledgehub
Elliott Wave Analysis XAUUSD – November 26, 2025 1. Momentum Analysis D1 (Daily) Daily momentum is deeply inside the overbought zone, meaning the probability of a bearish reversal is very high—possibly today or tomorrow. This upcoming downward phase will align with the next downward cycle of D1 momentum. H4 H4 momentum is currently rising. Therefore, price may: • Continue with another upward push, or • Move sideways to push H4 momentum into the overbought zone. H1 H1 momentum is preparing to turn downward, suggesting that a short-term bearish move on H1 may appear very soon. ________________________________________ 2. Wave Structure D1 The overall D1 structure remains unchanged from the previous plan. The only difference is that D1 momentum has pushed deeper into the overbought region, increasing the likelihood of a reversal either today or tomorrow. H4 Price is forming a green ABC corrective structure, and it appears price is approaching the final stage of wave C (green). With H4 momentum turning upward, price may still produce: • One more small push upward, or • A mild sideways upward drift to complete wave C. H1 On H1, price is forming a 5-wave structure (1–2–3–4–5, black). This creates two possible interpretations: Scenario 1 (Primary Expectation) This 5-wave pattern represents wave C (green) inside the ABC correction of wave 2 (red). → Since wave C is always a 5-wave structure, this scenario is fully consistent with Elliott Wave rules and remains our main working count. Scenario 2 The 5-wave structure is actually the beginning of a new trend, potentially forming wave 1 of a larger bullish cycle. Although there isn’t enough evidence to support this scenario yet, the mere presence of a clean 5-wave structure means we must keep this possibility in mind. ________________________________________ 3. Relationship Between D1 Momentum & Wave Structure The previous downward and upward swings inside wave Y (purple) on D1 correspond almost perfectly with the downward and upward cycles of D1 momentum. D1 is now overbought and preparing to turn down. ➡️ Therefore, the upcoming corrective decline is extremely important. Case 1 – Price holds above 4021 If D1 momentum reaches oversold territory and turns upward without price breaking below 4021, then: • The current 5-wave structure may represent wave 1, • The upcoming decline will be wave 2, • When D1 momentum turns upward → wave 2 finishes. Case 2 – Price breaks below 4020 If D1 momentum reverses upward from oversold but price breaks below 4020: • The current 5-wave structure is wave C (green), • Price will extend downward to complete wave Y, • Wave Y completes when D1 momentum turns upward again. 🎯 In both scenarios, the next key move is still a downward leg. ________________________________________ 4. Wave C Target Levels Yesterday, two targets were provided: • 4158 • 4184 – 4193 Price already hit 4158, then reversed strongly, producing 300 pips profit. We now expect the remaining target 4184 – 4193 to act as the primary sell zone. ________________________________________ 5. Trading Plan 📍 Sell Zone: 4184 – 4185 • SL: 4205 • TP1: 4123 • TP2: 4081 • TP3: 4020
OANDA:XAUUSDShort
by WavePoint_FX
JKCEMENT at Demand Zone – Is Wave 5 About to Start?⚡ JK CEMENT – Wave 4 Correction Completing | Wave 5 Blast Loading? 🧠 Overall Market Structure JK Cement is showing a textbook Elliott Wave progression, and price has now entered the crucial Wave 4 → Wave C completion zone (₹5276–₹5396). This zone aligns with 38.2% to 61.8% retracement of Wave 3, making it a high-probability reversal area 📌. The chart shows: Strong Impulse Wave 3 with clean channel movement Clear ChoCH (Change of Character) at the top → signaling the start of Wave 4 A complete A-B-C correction structure into the green demand zone Price now sitting exactly where a bullish reversal is expected This is where Wave 5 usually begins ⚡. 📚 Educational Insights 📘 Impulse Wave vs Corrective Wave: Wave 3 was an impulsive move — long, strong, and directional. Wave 4 is corrective in nature — choppy and overlapping. This is normal and healthy before Wave 5 begins. 🎯 38.2%–61.8% Retracement Rule: Wave 4 typically retraces 38.2% to 61.8% of Wave 3. JK Cement’s price has corrected exactly into this Fibonacci zone — strengthening reversal probability. 🔄 A-B-C Correction Pattern: Wave 4 often forms an A-B-C pattern. This chart shows a clean A (fall) → B (pullback) → C (final drop) into demand — classic Wave 4 behavior. 🌀 Wave 5 Potential: Wave 5 tends to be a trend-continuation wave. Targets are often based on Fibonacci extensions of Wave 4 — exactly what we’re projecting here. 🎯 Prediction & Price Outlook If price holds above the ₹5276–₹5396 support range and forms a reversal candle, the next major move could be a Wave 5 rally. 🚀 First Target: ₹7113 (0.78 retracement of Wave 4) 🚀 Second Target: ₹8132 (113%–128% extended retracement → typical Wave 5 zone) A breakout above ₹6285 strengthens the confirmation of Wave 5 activation. 🛑 Stop Loss (Closing Basis): ₹5226 💡 Trading Strategy (Educational Purpose Only) 🟢 Entry Zone: ₹5276–₹5396 Look for Hammer, Bullish Engulfing, or ChoCH on lower timeframes. 📈 Confirmation Trigger: Break above ₹6285 → safer entry with trend confirmation. 🎯 Targets: • Target 1 → ₹7113 • Target 2 → ₹8132 ⚖️ Risk Management: • SL below ₹5226 (daily close) • Risk 1–2% total capital • Avoid chasing — wait for structure confirmation 🧩 Summary JK Cement is showing a perfect Wave 4 completion setup at a major Fibonacci demand zone. If the structure holds and reversal emerges, a strong Wave 5 rally could unfold toward ₹7113 and ₹8132 🎯. This is a high-probability zone for trend continuation traders and Elliott Wave followers. ⚠️ Disclaimer I am not a SEBI-registered analyst. This analysis is for educational and informational purposes only — not financial advice.
NSE:JKCEMENTLong
by LiveTradingBox
3
CG Power: Technical Correction vs Strong FundamentalsCG Power has reacted sharply from the 797–800 zone, confirming a reversal from the prior up-leg. The decline into 677.80 has unfolded as a clean impulsive drop, which fits well as Wave (A) of the larger Wave Y. With RSI oversold, the market is now in a zone where a corrective Wave (B) bounce becomes the higher-probability path. Any recovery into the 720–750 bearish order-block region will be the critical zone to watch. As long as price remains below this region, the broader structure still points toward a Wave (C) decline — a final leg lower to complete Wave Y in the 520–540 support region. This is a developing corrective structure , not a completed one. Fundamentals Tell a Very Different Story Free cash flow now at ₹5.82B, a major turnaround. Long-term debt almost zero at ₹2.6M. Three years of strong revenue growth. ROCE around 19%, very healthy. Margins stable and improving. The only real tension point is valuation: P/E ~98, which is stretched enough to justify a technical correction even in a fundamentally strong business. Putting It All Together Wave (A) of Y is likely complete at 677.80. Wave (B) bounce expected next. Wave (C) lower remains unfinished — completing Wave Y. Fundamentals remain strong, long-term story intact. Short-term corrective move doesn’t change the broader bullish health of the company. 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:CGPOWERShort
by WaveXplorer
NIFTY : Trading levels and Plan for 26-Nov-2025📊 NIFTY TRADING PLAN — 26 NOV 2025 Current price sits around 25,860, right below the Opening Resistance (25,950) and just above the Opening Support (Gap-down case): 25,781. The broader structure is weak, but Nifty is approaching a strong support zone around 25,717–25,683, which may trigger sharp intraday reversals. Key Zones to Track: 🟥 Last Intraday Resistance: 26,052 – 26,077 🟥 Major Resistance: 26,163 🟧 Opening Resistance: 25,950 🟩 Opening Support (Gap-down case): 25,781 🟩 Last Intraday Support: 25,717 – 25,683 🟩 Major Support: 25,516 🟢 SCENARIO 1 — GAP-UP OPENING (100+ Points) If Nifty opens around 25,960–26,050, price immediately enters the sellers’ zone near the Opening Resistance or slightly below the Last Intraday Resistance. If price sustains above 26,052 for 10–15 minutes →  ⭐ Upside targets: 26,077 → 26,120 → 26,163 If price rejects 26,052–26,077 zone →  Expect intraday pullback to 25,950 → 25,900 → 25,860 A bullish retest above 25,950 can give a continuation long opportunity. Avoid aggressive longs at open — gap-ups into resistance often produce whipsaws. 📘 Educational Insight: Gap-ups near resistance are continuation traps. Always wait for confirmation (higher low or strong candle close) before entering. 🟧 SCENARIO 2 — FLAT OPENING (Near 25,840–25,900) A flat open places Nifty right inside the neutral compression zone, making direction unclear during the first 15 minutes. Breakout above 25,950 →  Targets → 26,020 → 26,052 → 26,077 Breakdown below 25,840 →  Targets → 25,781 → 25,750 Avoid trading INSIDE 25,840–25,900 until price gives clear breakout/retest structure. Best Opportunities:  — Breakout above 25,950 (retest entry)  — Breakdown below 25,840 (momentum entry) 💡 Educational Tip: Flat opens help identify the day’s trend. The first clear breakout of the range usually decides the move for the next 1–2 hours. 🔻 SCENARIO 3 — GAP-DOWN OPENING (100+ Points) A gap-down below 25,780 takes price directly into the Opening Support Zone and close to the Last Intraday Support (25,717–25,683). If price holds 25,717–25,683 with strong wick rejections →  Upside targets: 25,781 → 25,840 → 25,900 If price fails to hold 25,683, next major support is:  ➡️ 25,516 A bounce from 25,516 can provide a high-quality reversal long, but only after bullish confirmation. If momentum remains bearish below 25,683, expect trend-day downside continuation. 📘 Educational Insight: Gap-downs into major support often create the strongest reversal trades — but only after confirmation through volume + structure. Never jump early. 💼 RISK MANAGEMENT TIPS FOR OPTION TRADERS 💡 Avoid trading the first 5–10 minutes, especially on big gap opens. Use ITM strikes for directional trades to reduce theta decay. Always keep a fixed stop loss — do NOT widen SL after entry. Avoid averaging losers (it damages your risk-reward and psychology). Low VIX → good for option buying.  High VIX → prefer spreads or hedged selling. Book partial profits at key swing levels; protect your capital. ⚠️ Golden Rule: Your goal is not to catch every move — your goal is to stay in the game. 📌 SUMMARY Bullish above → 25,950 Targets → 26,020 → 26,052 → 26,077 → 26,163 Bearish below → 25,840 Targets → 25,781 → 25,717 → 25,683 → 25,516 High-Risk Zones (Avoid Trading): — 25,840–25,900 (choppy zone) — 26,052–26,077 (strong supply; rejection possible) 🧾 CONCLUSION Nifty is approaching a crucial support-resistance flip region. The reaction at 25,950 and 25,717 will decide the day’s trend. The cleanest trades will come from: ✔️ Breakout & retest above 25,950 ✔️ Reversal from 25,717–25,683 support ✔️ Momentum short below 25,840 Avoid trading the first volatile swings — let the direction develop clearly. ⚠️ DISCLAIMER I am not a SEBI-registered analyst. This analysis is strictly for educational purposes. Please consult a certified financial advisor before taking any trading or investment decisions.
NSE:NIFTY
by LiveTradingBox
BANKNIFTY : Trading levels and Plan for 26-Nov-2025📊 BANKNIFTY TRADING PLAN — 26 NOV 2025 Current price around 58,810, sitting inside the No-Trade Zone (58,810–58,761) — a tricky zone where price typically whipsaws. Market direction will heavily depend on how price reacts to the Opening Resistance at 59,077 and the Buyer’s Must-Defend Zone at 58,294–58,392. Key actionable levels: 🟥 Last Intraday Resistance: 59,246–59,297 🟥 Major Resistance: 59,537 🟧 Opening Resistance: 59,077 🟨 No-Trade Zone: 58,810–58,761 🟩 Last Intraday Support (Buyer’s Must-Try Zone): 58,294–58,392 🟢 SCENARIO 1 — GAP-UP OPENING (200+ Points) Gap-up expected above 59,000–59,150, placing price near or inside the resistance cluster. If price sustains above 59,246 with volume for 10–15 mins →  ⭐ Targets: 59,297 → 59,390 → 59,537 If price rejects 59,246–59,297, expect pullback toward:  ➡️ 59,150 → 59,077 (Opening Resistance) A retest + bullish candle at 59,077 can give a safe continuation long. Avoid aggressive buying at open — gap-ups near resistance often produce fake breakouts. 📘 Educational Note: Gap-ups work best only when the first retracement forms a higher low, confirming buyer strength. A tall red candle at resistance = early exhaustion. 🟧 SCENARIO 2 — FLAT OPENING (Around 58,760–58,820) Flat opening happens exactly at the No-Trade Zone (58,761–58,810) — avoid trading initially. If price breaks above 58,810 and sustains →  Targets → 58,950 → 59,077 → 59,246 If price breaks below 58,761, downside opens to:  ➡️ 58,482 → 58,294 (Major support) The safest trades will be:  — Breakout → Retest → Move  — Deep support bounce from 58,294–58,392  (“Buyer’s must-try zone”) Avoid trading inside the yellow zone — volatility + no direction = traps. 💡 Educational Tip: Flat opens reveal structure within the first 15-min candle. A strong body candle usually sets the day’s tone. 🔻 SCENARIO 3 — GAP-DOWN OPENING (200+ Points) A gap-down below 58,600–58,500 pushes price into the supportive demand area. If price holds 58,482–58,392, expect reversal targets toward:  🔼 58,650 → 58,761 → 58,900 If price breaks below 58,390 with strong momentum →  Next supports →  ➡️ 58,150 → 58,000 → 57,850 A bullish rejection wick at 58,392 is the strongest long setup of the day. Avoid shorting after a steep gap-down unless breakdown is confirmed — morning panic often reverses sharply. 📘 Educational Note: Gap-downs into demand zones often create V-shaped reversals — but only if buyers defend the level with strong wicks. 💼 RISK MANAGEMENT TIPS FOR OPTION TRADERS 💡 Avoid trading in the first 5–10 minutes — volatility is highest. Use ITM or ATM options for directional trades to avoid premium decay. Keep SL strict — never widen it emotionally. Do NOT average losing trades. Trail SL once in profits. If VIX is low → prefer option buying. If VIX is high → hedge positions or use spreads. Book partial profits at key levels — don’t wait for the full target. ⚠️ Golden Rule: Protect capital first. Opportunities come daily — capital doesn’t. 📌 SUMMARY Bullish Above → 59,077 Targets: 59,150 → 59,246 → 59,297 → 59,537 Bearish Below → 58,761 Targets: 58,482 → 58,392 → 58,150 → 58,000 Strong Support Zone for Reversal:** 58,294–58,392** No-Trade Zone:** 58,761–58,810** 🧾 CONCLUSION BankNifty sits at a key indecision zone. The day’s trend will be determined by the battle between: 🔥 Sellers defending 59,246–59,297 vs 🛡️ Buyers defending 58,294–58,392 The safest and cleanest trades will be: ✔️ Breakout + retest above 59,077 ✔️ Reversal from 58,294–58,392 ✔️ Breakdown & retest below 58,761 Trade only when direction is clear — avoid the traps inside the no-trade zone. ⚠️ DISCLAIMER I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please consult your financial advisor before making trading decisions.
NSE:BANKNIFTY
by LiveTradingBox
Gold H1 – Pre-NFP Liquidity Hunt as US–China Tone Warms🟡 XAUUSD – Intraday Smart Money Plan | by Ryan_TitanTrader (25/11) 📈 Market Context Gold is approaching a key premium zone while markets react to fresh geopolitical headlines. Earlier today, Donald Trump confirmed he had a “very good call” with President Xi of China, highlighting strong bilateral relations and continued cooperation. This matters for gold because: • Warmer US–China relations often reduce geopolitical risk premiums, pressuring gold. • The timing is critical: markets are entering NFP week, a period where institutions frequently engineer liquidity grabs. • Traders may see a USD-supportive environment ahead of NFP, especially if risk sentiment stabilizes. In short, gold is sitting in a zone where liquidity sweeps are highly probable before a larger move develops. 🔎 Technical Analysis (1H – SMC Structure) • Market Structure Price is climbing toward a major liquidity cluster around 4170–4172, aligning with previous equal highs and an unmitigated supply block. Below, the FVG demand zone at 4102–4100 serves as today’s discount reaction zone. • Premium Sell Zone (1H Supply) 4170 – 4172 • Buy-side liquidity sits above prior highs • Clear premium zone relative to current swing structure • Likely target for engineered sweep ahead of NFP volatility • Discount Buy Zone (1H Demand) 4102 – 4100 • FVG imbalance + BOS origin • Confluence with discount retracement levels • Strong RR for bullish reaction after sell-side sweep • Liquidity Map • Buy-side: 4172 → 4180 • Sell-side: 4100 → 4092 Expect the classic SMC sequence: Sweep → CHoCH → Displacement → Retest → Expansion. 🔴 Sell Setup – Premium Reaction Entry: 4170 – 4172 Stop-Loss: 4180 Take-Profit: → 4138 (imbalance fill) → 4115 (mid-range liquidity) → 4102–4100 (discount zone retest) 📌 Must wait for liquidity sweep + bearish CHoCH on M5–M15. 🟢 Buy Setup – Discount Reaction Entry: 4102 – 4100 Stop-Loss: 4092 Take-Profit: → 4135 (intraday reaction) → 4160 (premium edge) → 4170 (buy-side liquidity sweep) 📌 Valid only after sell-side liquidity is taken. ⚠️ Risk Management Notes • Expect extra volatility as markets price in US–China optimism ahead of NFP. • Liquidity traps are common during Asian/London sessions—wait for confirmation. • Avoid taking positions inside the chop zone 4125–4150 without structure shifts. • Treat both scenarios as liquidity plays, not trend continuation trades. 📝 Summary Gold is approaching a major liquidity pocket as geopolitical sentiment improves following Trump’s positive call with President Xi. With NFP approaching, institutions are likely to sweep liquidity above 4170 or below 4100 before establishing direction. Key Levels Today 🔴 Sell Zone: 4170–4172 🟢 Buy Zone: 4102–4100 Prepare for the typical pre-NFP pattern: Accumulation → Sweep → Displacement → Retest → Target. 📍 Follow @Ryan_TitanTrader for daily Smart Money updates.
OANDA:XAUUSDLong
by Ryan_TitanTrader
NATIONALUM 1 Week View 📊 Snapshot Current price: ~ ₹253–254. Weekly pivot (classic) on weekly timeframe: ≈ ₹254.92. Weekly support levels: ≈ ₹245.54 (S1), ₹240.40 (S2) Weekly resistance levels: ≈ ₹260.06 (R1), ₹269.44 (R2) ✅ Key levels to monitor this week Near term resistance: ~ ₹255–256 Primary target if bullish: ~ ₹260 Extended upside: ~ ₹269 (if strong breakout) Primary support: ~ ₹245.5 Secondary support: ~ ₹240 ⚠️ Risks to watch Failure to close above ~₹255 this week → possible sideways/weak move. A drop below ~₹240 could open up more downside risk. Being in the metals sector, external factors (global aluminium price, energy costs, mining issues) can influence price rapidly even if technicals look okay.
NSE:NATIONALUMLong
by TechnicalExpress
MARKET CONTEXT CHART H1 I 11/25Market Context (English Version) Gold is still moving within a solid bullish structure, shown clearly through its sequence of higher-highs and higher-lows. Buying pressure remains dominant in the short term, but price is approaching the Supply Zone at 4,147 – 4,150, where profit-taking pressure may appear. The Volume Profile reveals: POC at 4,093 → This is the price level with the highest traded volume, showing strong agreement from both buyers and sellers. VAH Zone 4,120 – 4,125 acts as soft resistance; if this zone holds after a pullback, the bullish trend remains intact. VAL Zone 4,043 – 4,020, combined with the lower Demand Zone, forms a strong defensive layer for buyers if price makes a deeper correction. Currently, price is running closely along the ascending trendline, signaling that buyers are still applying pressure. However, as price approaches the Supply Zone, the market may temporarily stall and create a technical correction. Notable signals: H1 candles show upper wicks, indicating that sellers are starting to react around 4,145 – 4,147. The Volume Profile is heavier toward the upper range, suggesting the market may need a liquidity grab back toward the POC before continuing upward. Overall: ➡️ The primary trend is still bullish. ➡️ But the market is likely in need of a pullback to accumulate more strength. ➡️ Only if price breaks below 4,093 will a deeper correction begin. ➡️ A break below 4,015 would confirm a full structural shift from bullish to bearish. 🟦 Scenario 1: Price continues upward – Breaks the Supply Zone (bullish continuation) Conditions: Price maintains the ascending trendline. 4,120 (VAH zone) holds and price bounces strongly. Development: Price retraces toward 4,120 – 4,093 (VAH & POC). Strong buying absorption appears → forms a higher low. Price pushes back up to retest the 4,147 Supply Zone. If buyers dominate → break above 4,147 and extend toward 4,160 – 4,175. Meaning: The bullish trend remains intact. Buyers are fully in control. 🟧 Scenario 2: Deep correction before continuing upward (pullback to VAL Zone) Conditions: Price breaks the ascending trendline. Buyers fail to defend VAH/POC and price loses 4,120. Development: Price breaks below 4,093 (POC). Drops further toward 4,043 – 4,020 (VAL zone). This is a strong prior demand level. Price reacts at VAL → forms a new low → resumes bullish momentum. Meaning: Healthy correction. Market pulls back to gather liquidity before the next bullish leg. 🟥 Scenario 3: Bearish reversal – Break of Demand Zone Conditions: Price breaks below 4,043 – 4,015 (Demand + VAL). Strong selling absorption overwhelms buyers. Development: Price falls through the Demand Zone. Retests it, turning it into new Supply. A medium-term bearish trend forms. Downside targets: 4,000 3,985 3,970 Meaning: Market structure breaks. Bullish trend ends, and a new bearish phase begins.
OANDA:XAUUSD
by Mark_Melanie_Gold_Stragegy
CASTROLIND 1 Week View 🔍 Key Levels Based on recent technical data: Support zone: ~ ₹187 – ₹189 (ET Money shows S3 ≈ ₹185.42, S2 ≈ ₹186.71) Pivot / near-term equilibrium: ~ ₹190 – ₹191 (Weekly central pivot ~₹190.42) Upside resistance: ~ ₹194 - ₹196 (Weekly R1 ~₹192.83, R2 ~₹196.64) 📈 Short-Term Bias & Likely Scenarios The momentum indicators (RSI ~33, CCI negative) show the stock is under downward pressure/weak momentum. If the price stays above ₹187-189, one could anticipate a bounce up into the ₹194-196 zone this week. If it breaks below ~₹187-189 decisively, support further down could be ~₹183-185 (based on extension levels) ✅ My View for the Week Bias: Mildly bearish to neutral unless buyers step in strongly. Actionable zone: Watch ₹187-189 closely — a failure here may trigger further decline; a hold could enable rebound toward ₹194-196. If you want a more aggressive trade setup (with stop-loss, reward ratio), I can map that too.
NSE:CASTROLINDLong
by TechnicalExpress