GOLD DAILY TRADING 17/11: BUY TODAY🦁 THE GOLDEN ARENA – 17 NOV, 2025
“Rebound or Trap? Let the Orderflow Decide.”
A visually striking TradingView plan – part narrative, part tactical map. This is not just a bias, it’s a battlefield strategy.
🧭 MARKET CONTEXT SNAPSHOT
Price currently consolidating around 4076 – 4084, after clean breaks of structure (BOS) and a deep retracement.
Significant supply zones confirmed at 4157 – 4180, where POC clusters, FVG imbalances, and volume absorptions align.
Orderflow on M5–M30 shows fading buy pressure and aggressive sells into lower highs.
🎯 CORE STRATEGIES FOR TODAY
🔺 Scenario 1: Breakout Trap SELL (High Conviction)
Target Zone 4178 – 4180 (Main Supply)
Stop Loss (SL) 4185
Take Profit 1 (TP1) 4155 (Low volume node)
Take Profit 2 (TP2) 4100 (Local support)
Take Profit 3 (TP3) 4040 (Structural SSL level)
🔍 Why this setup?
Clear liquidity pool above 4178 being targeted.
Volume tapering off into the move → classic reversal signal.
Footprint shows absorption candles at key supply.
🪙 Scenario 2: FVG Scalping SELL (Secondary)
Entry Zone 4157 – 4158
SL 4163
TP 4100 – 4105
✅ Perfect for short-term scalpers looking to ride the intraday rejection from the imbalance zone.
🟢 Bullish Reversal INVALIDATION (Failsafe Plan)
Trigger Break and hold above 4185
Entry Breakout Buy above 4190
SL 4175
TP 4220
Only flip bullish if aggressive buyers step in + strong delta + profile breakout.
🧱 KEY PRICE ZONES TO MONITOR
Level Description
4185 Stopline – invalidates Sell
4178 – 4180 Main SELL Zone (POC + FVG)
4157 – 4158 Minor FVG Scalping Area
4100 Micro support + Bull trap
4040 SSL – liquidity target
📊 VOLUME & ORDERFLOW INSIGHT
M5–M30 Footprints:
Massive seller imbalances from 4175+
Footprint at 4084 shows buyer exhaustion
Volume Profile:
High-volume node at 4178 acting as strong resistance
Low-volume gap below 4155 → fast price travel zone
Delta:
Negative delta buildup confirming sell bias
💡 EXECUTION CHECKLIST
✅ Wait for entry trigger at marked zones – don’t pre-empt.
🚫 Avoid FOMO buy into supply unless 4185 is cleanly broken.
🔔 Set alerts at 4157 and 4180 for rejection signs.
🧠 TRADING MANTRA OF THE DAY
"The chart speaks in structure,
The volume whispers the truth,
But the orderflow shouts the conviction."
📌 Bias: SELL on retracements toward supply → hold for 4100–4040
📌 Watchlist: Footprint aggression, absorption blocks, spoof traps
Wave Analysis
PFC: Golden Zone Rejection + Demand Support = Reversal?⚡ POWER FINANCE CORP (PFC) – Wave 4 Correction Ending | Demand Zone Reversal Setup!
🧠 Chart Context & Wave Overview
The chart of Power Finance Corporation Ltd (Daily Timeframe) shows a well-structured Elliott Wave corrective pattern (a-b-c) , where price has likely completed its Wave 4 correction and is preparing for a potential Wave 5 bullish impulse .
Price has reached the strong Wave 4 (Weekly) completion zone between ₹394–₹281 , aligning with previous demand generation area and Fibonacci retracement support.
📊 Key Highlights:
Price rejected from Golden Retracement Zone (50–78%) , confirming end of Wave (b).
Structure completed Wave (a)-(b)-(c) corrective leg.
Currently trading near the upper range of Wave 4 support (₹361–₹374) .
📚 Educational Insights
💡 Golden Retracement Zone (50%–78%):
This zone often acts as a major reversal area for corrective waves — it’s where sellers exhaust and buyers step back in.
🔄 Break of Structure (ChoCH):
A confirmed change of character above the last swing high signals the end of correction and beginning of new impulse.
🧩 Demand Zone Reactions:
Demand zones formed by prior accumulation (like ₹360–₹380) usually offer high-probability reversal setups in trending markets.
🎯 Projection & Prediction
🟢 Support / Entry Zone: ₹361 – ₹374
🔵 Second Entry Zone (If retested): ₹281 – ₹300
🔴 Stop Loss (Closing Basis): ₹270
🎯 First Target: ₹468
🚀 Second Target: ₹531
A breakout above ₹395 (trendline resistance) will confirm the structure shift, activating the bullish leg toward the first target zone.
💡 Trading Strategy (Educational Purpose Only)
📈 Entry Plan:
Look for bullish reversal candle patterns (hammer, engulfing) or structure break near ₹360–₹374 zone.
Aggressive traders can accumulate in current demand zone; conservative traders can wait for breakout and retest above ₹395.
🎯 Targets:
• Target 1 → ₹468
• Target 2 → ₹531
⚖️ Risk Management:
• Risk only 1–2% per trade.
• Maintain SL below ₹270 (daily close).
• Avoid chasing after breakout; buy the retest for better risk/reward.
🧩 Educational Takeaways
✅ Elliott Wave + Fibonacci + Demand Zone confluence provides strong reversal probability.
✅ Wave 4 corrections are deep but offer great swing opportunities.
✅ A confirmed structure breakout = early sign of Wave 5 initiation.
✅ Patience and disciplined position sizing are essential for trend reversals.
📊 Summary & Outlook
PFC appears to have completed its Wave 4 correction within the ₹361–₹374 demand zone.
If price sustains above ₹395 and breaks the trendline resistance, a new Wave 5 impulse rally could target ₹468–₹531 in the coming weeks.
The structure remains bullish as long as ₹270 holds on a closing basis. ⚡
⚠️ Disclaimer
I am not a SEBI-registered analyst .
This analysis is for educational and informational purposes only — not financial advice.
Please do your own research or consult a financial advisor before taking trades.
SENSEX : Trading levels and plan for 18-Nov-2025📊 SENSEX TRADING PLAN — 18 NOV 2025
(Timeframe Reference: 15-Min Chart)
Chart Summary:
Sensex closed near 84,920 , maintaining its upward bias after recent strength, but now approaching multiple resistance levels that could trigger either continuation or profit booking.
Key resistance zones are seen around 85,081 (Opening Resistance – Gap-Up Case) and 85,437 (Last Intraday Resistance) . On the downside, key supports lie near 84,730 (Opening Resistance / Support) , 84,231 (Opening Support) , and 83,800 (Last Intraday Support) .
Overall bias remains moderately bullish above 84,730 , but traders should stay cautious near upper resistances as momentum could fade. The session may begin with volatility due to proximity to crucial resistance zones.
Key Zones to Watch:
🟩 Supports: 84,730 / 84,231 / 83,800
🟥 Resistances: 85,081 / 85,437
⚖️ Bias: Bullish above 84,730 | Bearish below 84,231
🟢 Scenario 1: GAP-UP Opening (300+ Points)
If Sensex opens around or above 85,200 – 85,250 , it will start near the Last Intraday Resistance (85,437) zone. Gap-ups at such elevated levels often trigger early volatility or profit booking before trend continuation.
If Sensex sustains above 85,081 – 85,150 for 15–20 minutes with strong bullish candles and increasing volume, it may continue higher toward 85,437 – 85,500+ .
If it faces rejection near 85,437 , expect a pullback toward 84,950 – 84,800 .
Avoid aggressive buying on opening candles; instead, wait for a retest of 85,081 as support before re-entering.
For intraday traders, use quick trailing stops and partial booking near resistance levels to protect profits.
💡 Educational Note:
Gap-ups at resistance levels often trigger two-way action. The key is to watch whether price accepts or rejects that resistance. Sustained trading above the level shows real strength, while early rejection signals smart money profit booking.
🟧 Scenario 2: FLAT Opening (Around 84,900 – 84,950 Zone)
A flat open near the previous close keeps Sensex within the neutral transition zone . The first 15–20 minutes will be critical to determine trend direction.
If price sustains above 84,950 – 85,000 , expect bullish continuation toward 85,081 – 85,437 .
If Sensex breaks below 84,730 , a short-term retracement toward 84,400 – 84,231 may follow.
Avoid trading inside the tight range of 84,730 – 84,950 initially; let market direction develop first.
Volume-backed breakouts with clean candle structure are more reliable than early volatile spikes.
🧠 Educational Tip:
Flat openings often trap impatient traders who enter without confirmation. Wait for structure formation — the first few 15-min candles act as the “tone-setter” for the entire session. Trade only when price shows commitment beyond key zones.
🔴 Scenario 3: GAP-DOWN Opening (300+ Points)
If Sensex opens near 84,600 – 84,500 , it will directly test the Opening Support (84,231) . This area could either trigger a bounce or lead to deeper correction depending on reaction strength.
If Sensex shows buying momentum or reversal candles (hammer, bullish engulfing) near 84,231 , expect a rebound toward 84,600 – 84,730 .
If the index fails to hold 84,231 , expect a slide toward 83,950 – 83,800 .
Avoid panic shorting immediately after open; let the price test and confirm breakdown before entering trades.
If volume tapers off near the low while price holds stable, it may indicate seller exhaustion — a possible setup for intraday recovery.
📘 Educational Insight:
Gap-downs near strong supports often create “false panic.” Smart traders focus on price reaction, not emotion. When supports hold firm on declining volume, it’s often a sign of strength disguised as weakness.
💼 RISK MANAGEMENT TIPS FOR OPTIONS TRADERS:
Avoid trading during the first 15 minutes — wait for confirmation after volatility settles.
Do not risk more than 1–2% of total capital per trade .
For directional trades, prefer ATM or slightly ITM options — they respond faster and reduce time decay.
Avoid deep OTM options unless market momentum is clearly one-sided.
Always set stop-loss — no strategy survives without it.
Trail profits as soon as your trade moves 30–40 points in your favor.
If volatility spikes sharply (due to global cues or events), consider staying flat or scalping small moves.
⚠️ Golden Rule:
Capital preservation > Aggressive positioning. Your goal is to trade multiple sessions safely — not to win every trade but to avoid large losses.
📈 SUMMARY:
🟩 Supports: 84,730 / 84,231 / 83,800
🟥 Resistances: 85,081 / 85,437
⚖️ Bias: Bullish above 84,730 | Bearish below 84,231
🎯 Levels to Watch:
- Above 85,081 → Targets: 85,300 / 85,437
- Below 84,231 → Targets: 84,000 / 83,800
📚 CONCLUSION:
Sensex stands at a crucial resistance zone with clear short-term momentum but possible intraday volatility. Sustaining above 85,081 can push the index toward 85,437 , while failure to hold 84,730 may trigger intraday corrections toward 84,231 .
For 18th November, the focus should be on structure, not emotion — trade the confirmed breakout or breakdown rather than guessing the direction. Stay flexible and adaptive to market reactions.
📊 Trading isn’t about predicting — it’s about preparing and responding intelligently to what unfolds.
⚠️ DISCLAIMER:
I am not a SEBI-registered analyst . The analysis shared here is purely for educational and informational purposes . Please do your own research or consult a certified financial advisor before making any trading or investment decisions.
Technical Analysis of BTCUSD – Is a Correction Approaching?BINANCE:BTCUSD is currently moving within a clearly defined falling wedge pattern, with price now pressing against the lower boundary of the structure. This level may act as dynamic support, and if price shows a strong rejection, a corrective move toward the resistance zone near 102,000 could occur.
If sellers manage to defend that resistance area, the bearish structure remains intact, giving BTCUSD the potential to continue dropping to lower levels. But if price breaks above that zone, there is room for a higher correction toward the upper boundary of the wedge.
At this stage, paying close attention to candlestick patterns and volume behavior around this key area is crucial for identifying the best selling opportunities. Make sure every trade setup is supported by clear confirmation, and always apply solid risk management.
If you have any additional insights or a different perspective on this setup, I’d love to hear it. Feel free to share your thoughts in the comments!
XAUUSD Double Bull Flag — Danger AheadHello my dear traders, Laura here.
This week, the market has been extremely tense, and the price action reflects it well.
As I mentioned before, we are currently seeing the formation of a large bull flag. Just above it, a smaller flag is developing, and this smaller structure is the key trigger for any potential continuation. The bullish outlook remains valid only if this smaller flag breaks cleanly.
The recent pullback dipped deeper than expected, which signals hesitation from buyers. When confidence fades, even a promising breakout can turn into a sweet trap that lifts briefly before falling sharply.
Because of this, patience becomes essential. Before entering, we need a clear and decisive breakout that confirms strength. Specifically, we should look for a candle that breaks through resistance with firmness and clarity. If such a confirmation appears, the path toward the 4,300 level becomes structurally supported.
On the other hand, if the price falls below the lower trendline, the bullish scenario is invalidated immediately. At that point, the setup no longer holds and should not be traded.
For now, the principle is straightforward.
No breakout means no entry. Stay disciplined and avoid letting the market pull you into unnecessary risk.
Angel One: Corrective pattern aligning for bounceAngel One topped at an all-time high of 3895 before entering a corrective phase. The decline into 2025 marked Wave W, followed by a rally into 3503 as Wave X, and then a fall to 1941 completing Wave Y. From there, the stock advanced to 3284, counted as Wave A/1 with a leading diagonal.
The decline since 3284 has unfolded as a double zigzag (W–X–Y) within a parallel bearish channel. Wave Y is testing key supports at 2454 (0.618 Fib) and 2228 (0.786 Fib). RSI is near the oversold band around 30, setting up the possibility of bullish divergence if price makes a marginal new low. The bullish view remains valid above 1941; a close below this level invalidates the count.
Trade Plan:
Bias: Expecting Wave B/2 to complete around 2228
Trigger: Watch for bullish divergence or reversal candles near support
Target: A break above 3284 would confirm Wave C/3
Risk: Stop loss at 1941
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.
Apollo Hospitals – Wave 5 Approaches Completion at ATH ZoneAfter a strong multi-year uptrend, Apollo Hospitals now trades inside the projected terminal zone of Wave 5. The stock has rallied from its Wave 4 low near ₹6,002 and is advancing toward the Fibonacci cluster between ₹7,542 – ₹8,494, where 1.0x and 1.618x extensions converge.
The long-term channel has guided price action well: Wave 4 respected the lower boundary, and now Wave 5 is pressing near the upper half of the channel.
However, the RSI tells a different story . Momentum has been stuck in a falling channel, even as price climbs higher. This bearish divergence signals exhaustion — a common occurrence when a fifth wave approaches completion.
Key Takeaways:
Wave 5 is nearing its potential terminal zone.
Price resistance sits between ₹7,542 – ₹8,494.
RSI falling channel highlights weakening momentum.
Signs of exhaustion suggest caution at current levels.
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.
Sun Pharma – Double Bottom and Trendline Test AheadChart Summary
Sun Pharma’s weekly chart shows a completed W–X–Y corrective structure. Wave W bottomed near ₹1,553.05, followed by a corrective X at ₹1,851.20, and Wave Y terminating at ₹1,556.20. This final Y-leg has unfolded as an abc zigzag, respecting the larger corrective framework.
Price Action Highlights
A potential structural double bottom has formed around the ₹1,553–₹1,556 zone, hinting at possible exhaustion of the correction.
The latest candle is a hammer-like bar, suggesting demand stepped in around support levels.
Overhead, a major downtrend resistance line connecting the highs (₹1,960.35) to the swing X (₹1,851.20) remains the decisive breakout level.
A clear stop-loss line sits near ₹1,520.40, aligned with the 100% extension of Wave A inside Y. A break below this level invalidates the bullish case.
Volume Perspective
Recent selling has come with a volume spike, often seen during exhausation selling phases. If volume eases on follow-up candles while price holds above the support zone, it strengthens the case for a reversal.
Outlook
If price can sustain above the ₹1,553–₹1,556 support cluster and eventually break the trendline resistance, it may confirm the end of the corrective phase and open the door for a new impulsive sequence higher. Failure to hold the stop-loss zone, however, would negate this view and suggest further downside.
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.
NIFTY : Trading levels and Plan for 18-Nov-2025📊 NIFTY TRADING PLAN — 18 NOV 2025
(Timeframe Reference: 15-Min Chart)
Chart Summary:
Nifty closed near 26,014 , maintaining a strong recovery momentum with higher highs formation. The index is currently hovering just below the Opening Resistance / Support Zone (26,043 – 26,084) , suggesting that 18th November could be a pivotal session for short-term trend continuation or reversal.
Immediate resistance is visible at 26,194 (Last Intraday Resistance) and a Profit Booking Zone near 26,310 . On the downside, the nearest supports are located at 25,969 (Opening Support) and 25,880 – 25,801 (Last Intraday Support Zone) .
The structure favors a bullish bias as long as price sustains above 25,969 , but traders should remain cautious around higher resistances where profit-taking may emerge.
Key Zones to Watch:
🟩 Supports: 25,969 / 25,880 / 25,801
🟥 Resistances: 26,084 / 26,194 / 26,310
⚖️ Bias: Bullish above 26,084 | Bearish below 25,969
🟢 Scenario 1: GAP-UP Opening (100+ Points)
If Nifty opens around 26,120 – 26,180 , it will start near the Last Intraday Resistance (26,194) . Such openings near resistance often cause early hesitation or consolidation before direction becomes clear.
If price sustains above 26,194 for 15–20 minutes with strong volume, expect a quick move toward the Profit Booking Zone (26,310) .
A breakout above 26,194 followed by a successful retest offers a low-risk buying opportunity for 26,270–26,310 targets.
If rejection candles (like upper wicks or bearish engulfing) appear near 26,194 – 26,310 , expect a short-term pullback toward 26,084 – 26,000 .
Avoid chasing the initial gap-up rally; instead, wait for price to confirm strength or provide a retest entry.
💡 Educational Insight:
Gap-up openings near resistance zones test trader psychology. Retail traders often buy impulsively at highs — professionals wait for confirmation of sustained strength. Always let price action validate breakout continuation before committing capital.
🟧 Scenario 2: FLAT Opening (Around 26,000 – 26,040 Zone)
A flat opening near 26,014 keeps Nifty right within the Opening Resistance / Support Zone (26,043 – 26,084) . This zone acts as a decision point — a breakout could continue bullish momentum, while rejection could trigger short-term correction.
If the index sustains above 26,084 , expect bullish continuation toward 26,194 – 26,310 .
If the index faces rejection and falls below 25,969 , a short-term retracement toward 25,880 – 25,801 is likely.
Avoid taking trades inside 26,000 – 26,080 initially — this zone may witness indecision.
Wait for a strong directional candle close outside the range for trade confirmation.
🧠 Educational Tip:
Flat openings are common near key inflection zones. Avoid being the first to act — let the first 15 minutes set the tone. Volume-backed breakouts from such zones often lead to sustained moves.
🔴 Scenario 3: GAP-DOWN Opening (100+ Points)
If Nifty opens around 25,900 – 25,850 , it will open below the Opening Support (25,969) and closer to the Last Intraday Support Zone (25,880 – 25,801) . This area will be critical to watch for either a quick reversal or extended weakness.
If reversal candles (hammer or bullish engulfing) appear near 25,880 – 25,801 , expect a recovery toward 26,000 – 26,043 .
If the price fails to sustain above 25,880 , bearish momentum may drag Nifty toward 25,700 – 25,600 .
Avoid panic shorting after gap-downs — let the market test supports first.
Watch for volume divergence: if selling volume declines near support, it signals exhaustion and possible intraday reversal.
📘 Educational Note:
Gap-down openings are emotional traps for retail participants. Professionals focus on reaction, not the gap itself. A strong bounce from support zones often provides safer and more rewarding opportunities than chasing fear-driven momentum.
💼 RISK MANAGEMENT TIPS FOR OPTIONS TRADERS:
Avoid trading during the first 15 minutes of market open — volatility is highest and direction unclear.
Never risk more than 1–2% of your capital per trade .
Use ATM or slightly ITM options for directional trades — they move more effectively with price.
Trail stop-loss once the position gains 30–40 points in your favor — protect profits.
Book partial profits at intermediate zones (like 26,084 / 26,194) and hold the rest with SL.
Avoid averaging losing trades — discipline is key.
When in doubt or volatility spikes unexpectedly, step aside; missing a trade is better than forcing one.
⚠️ Golden Rule:
Focus on capital protection over profit chasing . Consistency builds wealth — not aggression.
📈 SUMMARY:
🟩 Key Supports: 25,969 / 25,880 / 25,801
🟥 Key Resistances: 26,084 / 26,194 / 26,310
⚖️ Bias: Bullish above 26,084 | Bearish below 25,969
🎯 Intraday Levels to Watch:
- Breakout above 26,084 → Target 26,194 → 26,310
- Breakdown below 25,969 → Target 25,880 → 25,801
📚 CONCLUSION:
Nifty stands at a critical juncture, oscillating just below major resistance. A breakout above 26,084 can open the path toward 26,310 , while a breakdown below 25,969 may trigger intraday profit booking toward 25,880 – 25,801 .
For 18th November, the key lies in the opening reaction — whether the market builds on momentum or witnesses short-term exhaustion. Stay disciplined, trade only post-confirmation, and align your direction with trend and volume.
📊 Trading success lies not in predicting the move, but in reacting wisely to what unfolds.
⚠️ DISCLAIMER:
I am not a SEBI-registered analyst . The views shared here are purely for educational and informational purposes . Please conduct your own analysis or consult a certified financial advisor before making any trading or investment decisions.
BANKNIFTY : Trading levels and Plan for 18-Nov-2025📊 BANK NIFTY TRADING PLAN — 18 NOV 2025
(Timeframe Reference: 15-Min Chart)
Chart Summary:
Bank Nifty closed around 58,976 , showing strength after reclaiming key resistance levels but now entering a critical decision zone. The index is currently positioned just below the Opening Resistance / Support Zone (59,015 – 59,112) .
A decisive move above this zone could extend the bullish momentum toward 59,467 (Last Intraday Resistance) , while failure to hold above 58,871 (Opening Support) might invite intraday weakness back toward 58,711 (Last Intraday Support) .
Currently, sentiment remains cautiously bullish with upward bias as long as price sustains above 58,871 . Traders should focus on price action confirmation near breakout zones rather than pre-empting moves.
Key Levels to Watch:
🟩 Support Levels: 58,871 / 58,711 / 58,613
🟥 Resistance Levels: 59,112 / 59,467
⚖️ Bias: Bullish above 59,112 | Neutral between 58,871 – 59,015 | Bearish below 58,871
🟢 Scenario 1: GAP-UP Opening (200+ Points)
If Bank Nifty opens around or above 59,200 – 59,300 , it will open near the Last Intraday Resistance (59,467) . Gap-up openings around resistance zones often lead to early volatility and profit booking before directional clarity develops.
If price sustains above 59,467 with strong bullish candles (preferably 15-min close), expect a sharp rally toward 59,620 – 59,750 .
If rejection candles (upper wicks or bearish engulfing) form near 59,467 , expect a retracement back toward 59,112 – 59,000 .
Avoid buying immediately at open on a large gap-up; wait for a retest of 59,112 – 59,150 to confirm strength.
Aggressive traders can scalp long above 59,200 only if volume confirms continuation beyond resistance.
💡 Educational Insight:
Gap-up openings near major resistance zones often test patience. Market makers tend to trigger stop-losses both ways before establishing direction. Always let the market retest key levels — confirmation saves you from false breakouts.
🟧 Scenario 2: FLAT Opening (Around 58,950 – 59,000 Zone)
A flat opening near the current close places Bank Nifty right inside the Opening Resistance / Support Zone (59,015 – 59,112) . This zone will decide whether bulls retain control or bears attempt a reversal.
If the index breaks above 59,112 and sustains, expect bullish continuation toward 59,350 – 59,467 .
If the index fails to hold above 59,015 , weakness may extend toward 58,871 – 58,711 .
Avoid trading inside this narrow range (58,950–59,100) in the first 15–20 minutes — let structure form.
Focus on volume-backed breakout or breakdown candles before entering trades.
🧠 Educational Tip:
Flat openings are decision points. Most false moves happen within 15–30 minutes as traders chase early candles. The key is to wait for confirmation of structure — once trend direction is clear, risk-to-reward improves significantly.
🔴 Scenario 3: GAP-DOWN Opening (200+ Points)
If Bank Nifty opens near 58,700 – 58,750 , it will directly test the Last Intraday Support Zone (58,711 – 58,613) . This zone will determine whether bulls defend or a deeper correction unfolds.
If price forms reversal patterns (hammer, bullish engulfing) near 58,711 – 58,613 , expect a bounce toward 58,871 – 59,015 .
If price fails to sustain above 58,711 , further downside toward 58,500 – 58,380 becomes possible.
Avoid shorting aggressively on the gap-down; instead, wait for a weak pullback toward 58,850 for better risk entry.
Monitor volume closely — decreasing selling volume near supports signals exhaustion and potential reversal.
📘 Educational Note:
Gap-downs often create panic-driven selling, but smart traders look for structure rather than emotion. Reversal setups from support zones typically provide high-probability intraday opportunities when confirmed by bullish volume.
💼 RISK MANAGEMENT TIPS FOR OPTIONS TRADERS:
Avoid trading during the first 15 minutes of market open — volatility can cause misleading signals.
Keep your trade risk limited to 1–2% of total trading capital .
Use ATM or slightly ITM options for directional trades; avoid deep OTM options with poor delta.
Always use stop-loss orders ; don’t widen SL hoping for a reversal.
Trail stop-loss after 40–50 points in your favor to lock in profits.
If market turns sideways, book partial profits at key intraday levels and reduce position size.
Do not trade out of boredom — capital preservation > forced trades.
⚠️ Golden Rule:
Protect capital before chasing profits. A disciplined trader focuses on surviving volatility, not predicting every move.
📈 SUMMARY:
🟩 Key Supports: 58,871 / 58,711 / 58,613
🟥 Key Resistances: 59,112 / 59,467
⚖️ Bias: Bullish above 59,112 | Bearish below 58,871
🎯 Levels to Watch:
- Above 59,112 → Targets 59,350 / 59,467
- Below 58,871 → Targets 58,711 / 58,613
📚 CONCLUSION:
Bank Nifty continues to trade near key breakout levels, showing resilience above 58,900. The session on 18th November will revolve around whether it can sustain above 59,112 and move toward 59,467 , or if rejection triggers profit booking toward 58,711 .
Intraday traders should remain flexible — trade the reaction, not the prediction. Follow volume and price confirmation for entries and exits. In such consolidating phases, patience and discipline define success more than aggressive trading.
📊 Remember: The best traders are not the fastest but the most consistent and disciplined in execution.
⚠️ DISCLAIMER:
I am not a SEBI-registered analyst . The above analysis is purely for educational and informational purposes . Please conduct your own research or consult a certified financial advisor before making any trading or investment decisions.
NIFTY : HIT or MISS? Next Move Explained🧠 Nifty Elliott Wave Analysis | Accurate Highs & Bottoms Predicted | Next Move Explained
I had accurately predicted both the top (Wave III) and the bottom (Wave IV) of the Nifty move — as seen in the attached chart 📈
The corrective zone at Wave C / 3 and the final retracement completion around Wave 4 were both identified in advance, confirming the accuracy of our earlier projection.
🔍 Current Technical Outlook
Nifty has completed its Wave (IV) correction and is now attempting to form an impulsive Wave (V) move.
Price is currently trading around 25,880, taking resistance near the extended retracement zone of the previous swing high.
If this level is crossed and sustained, the next upside momentum can unfold in multiple stages as shown below.
📈 Upside Projections
Next Resistance Zone: 26,645 – 27,100
🔸 Price may slow down or move sideways to retest the breakout here.
Major Profit Booking Zone: 27,892 – 28,322
🔸 This is a key Fibonacci extension and Wave (V) target area where partial booking is advised.
⚙️ Support & Risk Levels
Immediate Support: 25,814 – 26,000
Major Support: 25,306
Critical Support / Reconfirmation Zone: 24,010 (Failed Wave B / Wave 2 zone)
📉 If prices fail to hold 25,800–25,300, we may see a retest toward 24,000–24,200, which would only delay but not invalidate the long-term bullish structure.
🧭 Expected Price Behaviour
As long as Nifty stays above 25,300, the Wave (V) uptrend remains intact.
Prices can show sideways consolidation or retest near the breakout before pushing higher.
Any strong breakout above 26,650–27,100 can open the gate for 28,000+ targets.
⚠️ Keep Watch & Stay Cautious
Watch for rejection candles or low-volume breakouts near 26,600–27,000 zone.
Stay alert for profit booking or reversal signals near 27,800+.
Ideal approach: Buy on dips, book partial profits near resistance, trail stop-loss.
📅 Posted on: 30 Oct 2025
Real Knowledge of Candle Patterns Candlestick patterns are one of the most important tools in technical analysis. They help traders understand price movements, market psychology, and potential trend reversals or continuations. Each candlestick represents a battle between buyers (bulls) and sellers (bears). When you observe many candles together, you see patterns that reveal shifts in momentum. These patterns have been used for centuries—originating in Japan—and remain powerful even in modern algorithmic markets.
To understand candlestick patterns, you must first understand the candle structure. A candlestick has four major price points:
Open – the price at which the candle starts
Close – the price at which the candle ends
High – the highest price reached during the candle
Low – the lowest price reached during the candle
If the close is higher than the open, the candle is bullish (typically green or white). If the close is lower than the open, the candle is bearish (typically red or black). The body shows the open-close range, and the wicks (shadows) show the high-low range.
Trade Best With These Premium Charts PatternsChart patterns form the visual language of financial markets. They compress the psychology of buyers and sellers into a structure that traders can read, interpret, and act upon. Among the numerous patterns that appear on charts, a special set falls into the category of premium chart patterns—high-probability, high-confidence structures that institutions respect and smart traders rely on.
These patterns work across:
Equities (NSE, BSE)
Index futures (Nifty, Bank Nifty, GIFT Nifty)
Commodities and Forex
Crypto markets
They are especially powerful when combined with:
Volume Profile
Order Flow
Market Structure (BOS, CHoCH, Liquidity)
Fibonacci
Supply & Demand zones
NIFTY at major resistance levelThe up move which started on 8th Aug seems to be forming into an expanding triangle
Currently we're in Wave E which has reached 1.27 times of Wave C.
There's not yet a confirmation of a down move starting but should be cautious at this level.
Could be a good time to book partial profits.
Will keep you guys posted as the move advances and future possibilities
Stay Tuned...
HAPPY TRADING!
Nifty Analysis for Nov 17, 2025Wrap-up:
Nifty after breaking 38.20% level; retraces back in its strong resistance zone 25917-25937.
What I’m Watching for Nov 17, 2025 🔍
Short nifty in the strong resistance zone 25917-25937 SL 26011 for a target of 25582-25526 and 25042-25167 (SL on 15 min. candle close).
Disclaimer: Sharing my personal market view — only for educational purpose not financial advice.
USD/JPY – Weekly SMC Plan1. Weekly Bias
USD/JPY is showing signs of losing bullish momentum as multiple BMS (Break of Market Structure) events appear near the highs. The market keeps generating liquidity grabs, indicating potential distribution.
➡️ Weekly expectation: Bearish bias – priority is Sell from Premium zones.
2. Key Zones (based on your chart)
🔴 SELL ZONE (Primary)
155.000 – 155.300
This zone aligns with:
Premium pricing of the H4 structure
Repeated liquidity buildup
Bearish Order Block
➡️ Expect a rejection from this zone → BOS downward.
🟠 BUY ZONE (Temporary Pullback Zone)
154.000 – 153.800
This is not a trend-buy zone; it’s only for:
Imbalance fill
Short-term liquidity sweep
➡️ Only consider small intraday buys here.
3. Structural Notes
Multiple BMS at the top → strong distribution signal.
Liquidity pools & “Old Fail” zone sit around 153.300 – 153.000 → high probability target.
Final downside objective lies at the major SSL at 152.500 – 152.000.
4. Weekly Trade Plan
Trade 1 – Primary Sell (High Priority)
Entry: 155.000 – 155.300
SL: Above 155.400
Targets:
TP1 → 154.000
TP2 → 153.300
TP3 → 152.500 – 152.000 (Major SSL target)
Logic: Tap into premium → liquidity sweep → downside continuation.
Trade 2 – Pullback Buy (Secondary)
Entry: 154.000 – 153.800
SL: Below 153.700
TP: 154.700 – 155.000
Logic: Short-term retracement buy only; not for swing holding.
5. Weekly Summary
Main bias → Bearish
Only look for buys inside the small pullback demand zone.
The cleanest setup of the week:
Sell from 155.000 – 155.300 targeting the major SSL below.
Part 2 Intraday Trading Master ClassWhy Do People Trade Options?
Option trading is popular for four major reasons:
1. Hedging
Investors use options to protect their portfolio against downside risk.
Example: Buying a put acts like insurance against a crash.
2. Leverage
Options allow you to control large positions with small capital.
A ₹1 lakh equity position may require only ₹2,000–₹5,000 in option premiums.
3. Income Generation
Option sellers earn premium income in range-bound markets.
4. Speculation
Traders profit from directional moves (up or down), volatility changes, or time decay.
Part 1 Intraday Trading Master ClassKey Terms in Option Trading
a) Premium
The cost paid by the buyer to purchase an option contract.
This is the maximum loss for the buyer and the maximum gain for the seller.
b) Strike Price
The fixed price at which a call buyer can buy or a put buyer can sell.
c) Expiry
The date when the option contract expires.
In India:
Indices: Weekly + Monthly expiry
Stocks: Monthly expiry only
d) Lot Size
Options are traded in lots, not single units.
Example: Nifty lot = 50 units.
e) In-the-Money (ITM), At-the-Money (ATM), Out-of-the-Money (OTM)
ITM Call: Spot > Strike
ATM: Spot = Strike
OTM Call: Spot < Strike
Vice-versa for puts.






















