Elliott Wave Analysis XAUUSD – 12/09/2025
1. Momentum
• D1: Momentum is approaching the oversold zone. We should wait for a bullish reversal signal here to confirm a new upward move.
• H4: Momentum is currently in the overbought zone and preparing to reverse. This suggests price may continue sideways or move into a corrective decline.
• H1: Momentum is also in the overbought zone and about to reverse → the current upward move is weakening, and a short-term corrective pullback is likely.
2. Wave Structure
• D1:
The market is forming a 5-wave black structure. The current D1 momentum decline is nearly complete and may reach the oversold zone within 1–2 days, signaling that wave iv (black) is close to completion.
• H4:
Price is moving sideways. Since H4 momentum is preparing to turn down from overbought, wave iv (black) may still be in progress. We need to wait until H4 momentum moves into the oversold zone and reverses up to better evaluate the completion of wave iv.
• H1:
Price has been consolidating within a high liquidity zone (Volume Profile). The sideways and time-consuming behavior fits the nature of wave iv.
o A reliable confirmation of wave iv completion would be a breakout and daily close above 3657.
o If price fails to break this level and declines further, wave iv may develop into a triangle or complex corrective pattern.
o With both H1 and H4 momentum preparing to turn down, the scenario of wave iv continuing is more likely for now.
3. Trading Plan
• Scenario 1: If price breaks and closes above 3657, wait for a retest of this level to look for a Buy Breakout targeting wave v.
• Buy Zone 1:
o Entry: 3596 – 3594
o SL: 3585
o TP: 3669
• Buy Zone 2:
o Entry: 3557 – 3555
o SL: 3547
o TP: 3597
Wave Analysis
All negative news brushed aside is positiveITC Technical Analysis (CMP: 415)
Key Observations:
- Small corrections indicate strength, suggesting the uptrend remains intact.
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- Fibonacci Analysis: The stock's reversal before the first support at 375 demonstrates buying interest and strength.
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- RSI Analysis: The oscillator's decline to support levels, while the stock's price correction is minimal, indicates underlying strength.
- Moving Averages: The convergence of MAs suggests the stock is poised for a directional move.
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- Trendline Analysis: A weekly close above the trendline would confirm the bullish outlook.
Conclusion: With all oscillators at support levels, it's likely that the correction is nearing its end, setting the stage for a potential upside move.
NMDC setting the stage for RALLYNMDC looks to be setting up for a potential impulsive rally after completing a corrective wave. The structure suggests strength, with protective levels clearly defined.
🧩 Elliott Wave Structure
• We can see a completed 5-wave move up earlier this year (Wave 1).
• That was followed by a healthy correction (Wave 2), which retraced close to 50% of Wave 1 — a textbook retracement zone.
• Now, price action is forming a new Wave 3 setup, which tends to be the strongest move in Elliott Wave cycles.
📈 Key Levels to Watch
• Current Price: ₹75.87
• Immediate Support: ₹73.60 – ₹73.37 zone
• Protective Stop: ₹71.45 (below recent swing low, Wave 2 invalidation area)
• Upside Path: If price sustains above ₹76, we may see a quick move towards ₹80–82 first, and eventually ₹85+ in the coming weeks.
🔍 Technical Indicators
✅ RSI is rising and trading around 66, showing bullish momentum but still shy of overbought levels.
✅ Moving averages are sloping upward, supporting the bullish bias.
✅ Volume spikes on green candles indicate strong participation from buyers.
📊 Possible Scenarios
1. Bullish Continuation: A breakout above ₹76 could trigger momentum buying, leading to higher targets quickly.
2. Pullback Before Rally: Price may retest the ₹73–74 zone before resuming the uptrend — a healthy retest would make the rally stronger.
Protective stop is marked near ₹71.45. If price falls below this, it may indicate that the wave structure has failed, and deeper correction could follow.
⸻
Disclaimer:
This analysis is for educational purposes only and not investment advice. Please consult a SEBI-registered financial advisor before making any trading or investing decisions.
BANKNIFTY : Trading levels and plan for 12-Sep-2025BANK NIFTY TRADING PLAN – 12-Sep-2025
📊 Spot Price (Previous Close): 54,644
🔑 Key Levels:
Opening Resistance: 54,831
Last Intraday Resistance: 55,049
Major Resistance: 55,163
Opening Support: 54,550
Last Intraday Support: 54,386
Major Support: 54,157
🔹 Scenario 1: Gap-Up Opening (200+ Points above 54,831)
If Bank Nifty opens above 54,831, it will enter the bullish territory directly.
A sustained move above this resistance can trigger a rally toward 55,049, which is the last intraday resistance.
If momentum is strong, the index may further extend toward 55,163, but expect profit booking near this zone.
Any rejection near 55,049 – 55,163 can pull prices back toward 54,831, which then becomes the intraday support.
📌 Educational Note: Large gap-ups near resistance should be traded cautiously. Wait for confirmation candles before taking long entries.
🚨 Risk Tip: Avoid chasing calls blindly on gap-ups. Instead, consider spreads (Bull Call Spreads) to protect against sudden reversals.
🔹 Scenario 2: Flat Opening (Between 54,550 – 54,831)
A flat open within this zone signals a balanced start.
A breakout above 54,831 will open room for a bullish move toward 55,049 – 55,163.
On the downside, if Bank Nifty slips below 54,550, it will test the 54,386 support zone.
Price action within this range (54,550 – 54,831) may be choppy, so wait for a clear directional breakout.
📌 Educational Note: Flat openings often trap impatient traders. The first 30 minutes can provide clarity, so observe before acting.
🚨 Risk Tip: Use smaller positions when trading range-bound setups. Only scale up once breakout confirmation happens.
🔹 Scenario 3: Gap-Down Opening (200+ Points below 54,386)
If Bank Nifty opens below 54,386, it will put pressure on the market sentiment.
Breaking this support can extend the fall toward 54,157, which is a critical support zone.
If the index defends 54,386 and shows reversal signs, a pullback toward 54,550 may occur, creating a short-covering opportunity.
Below 54,157, the trend may turn strongly bearish, and deeper corrections are possible.
📌 Educational Note: Gap-downs near strong supports often create intraday volatility. Avoid panic trades and wait for confirmation candles.
🚨 Risk Tip: Instead of naked put buying, prefer Bear Put Spreads or hedge with futures to manage risk against rebounds.
📝 Summary & Conclusion
Bullish above: 54,831 → Targets: 55,049 / 55,163
Neutral Zone: 54,550 – 54,831 → Avoid overtrading here.
Bearish below: 54,386 → Next support: 54,157
📌 The index is currently in a critical consolidation phase. Watch for breakouts above 54,831 for bullish continuation and breakdowns below 54,386 for bearish moves.
💡 Options Tip: For directional trades, prefer ATM/ITM options. In choppy zones, use spreads instead of naked positions to control time decay.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This plan is prepared purely for educational purposes. Please do your own research or consult a financial advisor before making trading decisions.
NIFTY : Trading levels and plan for 12-Sep-2025NIFTY TRADING PLAN – 12-Sep-2025
📈 Current Spot: 25,008
🔑 Key Levels to Watch:
Opening & Last Intraday Resistance Zone: 25,111 – 25,124
Intermediate Resistance: 25,176
No Trade Zone / Neutral Area: 24,957 – 25,009
Opening Support: 24,957
Last Intraday Support: 24,881 – 24,899
Major Support: 24,777
🔹 Scenario 1: Gap-Up Opening (100+ Points above 25,108)
If Nifty opens above 25,108, it will directly test the Resistance Zone 25,111 – 25,124 .
Sustaining above this zone with strong momentum can extend the rally toward 25,176, which will be a crucial profit-booking zone.
Failure to hold above 25,111 – 25,124 may trigger a pullback back into the No Trade Zone (25,009 – 24,957).
📌 Educational Insight: Large gap-ups near resistance often trap late buyers. Smart traders wait for confirmation of strength above resistance before entering long trades.
🚨 Risk Tip: In case of a failed breakout, switch to defensive mode and avoid averaging calls. Focus on reversals toward support zones for better entries.
🔹 Scenario 2: Flat Opening (Between 24,957 – 25,009)
If Nifty opens flat in the No Trade Zone, wait for a breakout or breakdown to confirm direction.
A breakout above 25,009 opens the door to test 25,111 – 25,124 resistance, and eventually 25,176 if strength persists.
A breakdown below 24,957 will shift focus to 24,881 – 24,899, where buyers may attempt to defend.
📌 Educational Insight: Sideways openings are best handled with patience. Overtrading in the “No Trade Zone” often results in whipsaws.
🚨 Risk Tip: Use smaller position sizes and strict stop-loss when trading flat openings. Better to wait for clear breakouts than to force trades.
🔹 Scenario 3: Gap-Down Opening (100+ Points below 24,908)
If Nifty opens below 24,908, it will put pressure on the Last Intraday Support Zone (24,881 – 24,899).
Breaking below this zone decisively can drag prices toward the next strong support at 24,777.
If the index defends 24,881 – 24,899 and rebounds, a short-covering move back toward 24,957 – 25,009 is possible.
📌 Educational Insight: Gap-downs into strong support zones often create oversold bounces. Always look for confirmation before entering short trades.
🚨 Risk Tip: Instead of naked put buying after gap-downs, consider spreads (Bear Put Spread) to balance premium decay.
📝 Summary & Conclusion
Bullish above: 25,111 → Targets: 25,124 / 25,176
Neutral Zone: 24,957 – 25,009 (avoid overtrading)
Bearish below: 24,881 → Next support: 24,777
📌 Focus on the Resistance Zone 25,111 – 25,124 for bullish breakouts and Support Zone 24,881 – 24,899 for bearish breakdowns.
💡 Options Tip: Always align with the trend. Avoid OTM strikes in choppy zones; prefer ATM/ITM for directional moves.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This plan is for educational purposes only. Please do your own analysis or consult a financial advisor before making any trading decisions.
ETHUSDT: The Uptrend Remains Intact!Welcome! What are your thoughts on ETHUSDT?
ETHUSDT is currently on a strong upward trend, trading around 4427 USD with a 1.85% increase today. This rally is fueled by significant institutional investments, favorable monetary policies, and the ongoing growth of the Ethereum ecosystem.
At this rate, ETH has the potential to hit 5400 USD in the near term if buying pressure remains consistent. For traders keeping an eye on ETH, now is an ideal time to consider potential opportunities.
What do you think about ETHUSDT? Do you believe this uptrend can continue? Feel free to share your views and join the discussion on ETH’s future potential!
Gold 1H – Demand Sweep Before Premium ExpansionGold on the 1H chart is currently consolidating near 3,644 after multiple Change of Character (ChoCH) moves, signalling engineered liquidity grabs. Price has formed clear demand footprints around 3,620 and deeper at 3,593, while premium supply is positioned between 3,673–3,680. This suggests a likely retracement into discount demand zones before expansion towards premium liquidity levels.
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📌 Key Structure & Liquidity Zones (1H):
• 🔼 Buy Zone 3,620 – 3,618 (SL 3,613): Fresh demand block aligned with bullish order flow.
• 🔼 Buy Zone 3,593 – 3,591 (SL 3,596): Deeper liquidity sweep zone, offering strong risk-to-reward.
• 🔽 Sell Zone 3,673 – 3,671 (SL 3,680): Premium supply pocket, likely to trigger short-term liquidity grabs.
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📊 Trading Ideas (Scenario-Based):
🔺 Buy Setup – Shallow Demand Reaction
• Entry: 3,620 – 3,618
• Stop Loss: 3,613
• Take Profits:
TP1: 3,635
TP2: 3,650
TP3: 3,665+
👉 Expect a bounce from shallow demand before retesting premium supply.
🔺 Buy Setup – Deeper Liquidity Sweep
• Entry: 3,593 – 3,591
• Stop Loss: 3,596
• Take Profits:
TP1: 3,610
TP2: 3,625
TP3: 3,645+
👉 Suitable for swing traders targeting higher R:R after liquidity engineering.
🔻 Sell Setup – Premium Rejection
• Entry: 3,673 – 3,671
• Stop Loss: 3,680
• Take Profits:
TP1: 3,660
TP2: 3,650
TP3: 3,635
👉 Scalp trade opportunity at premium supply; overall bias remains bullish, so risk should be managed tightly.
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🔑 Strategy Note
The broader bias is bullish, but smart money may drive price into 3,620 or even 3,593 demand zones before expansion. Cleaner setups favour buying dips, while shorts from 3,673 are counter-trend scalps with limited scope.
Gold 1H – CPI Liquidity Play Before ExpansionGold on the 1H timeframe is consolidating near 3,633 after multiple ChoCHs and engineered liquidity grabs. With today’s CPI release, price is expected to sweep both premium and discount liquidity zones. The structure suggests engineered spikes toward 3,688–3,691 or dips into 3,595–3,592 before expansion.
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📌 Key Structure & Liquidity Zones (1H):
• 🔴 SELL ZONE 3,643 – 3,645 (SL 3,650): Premium supply pocket for short-term rejection.
• 🔴 SELL ZONE 3,688 – 3,691 (SL 3,696): Premium sweep zone targeting 3,680 → 3,670 → 3,660 → 3,650 with extended open target at 3,625.
• 🟢 BUY ZONE 3,595 – 3,592 (SL 3,587): Discount demand zone targeting 3,615 → 3,625 → 3,635 → 3,645 with extended open target at 3,685.
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📊 Trading Ideas (Scenario-Based):
🔻 Sell Setup – Premium Rejection (Intraday)
• Entry: 3,643 – 3,645
• Stop Loss: 3,650
• Take Profits:
TP1: 3,630
TP2: 3,620
TP3: 3,600
👉 Scalp opportunity if CPI spikes price into this supply zone.
🔻 Sell Setup – CPI Premium Sweep
• Entry: 3,688 – 3,691
• Stop Loss: 3,696
• Take Profits:
TP1: 3,680
TP2: 3,670
TP3: 3,660
TP4: 3,650
Open: 3,625
👉 Expect engineered CPI move into premium liquidity before reversal.
🔺 Buy Setup – CPI Discount Sweep
• Entry: 3,595 – 3,592
• Stop Loss: 3,587
• Take Profits:
TP1: 3,615
TP2: 3,625
TP3: 3,635
TP4: 3,645
Open: 3,685
👉 Ideal entry if CPI drives gold into deep discount demand before expansion.
________________________________________
🔑 Strategy Note
CPI will dictate volatility and smart money may sweep liquidity both sides. Key bias favours:
• Scalp sells at 3,643–3,645
• Deeper swing sells at 3,688–3,691
• High R:R buys at 3,595–3,592
Risk management is essential — expect fake-outs before expansion.
SOLAR INDUSTRIES HRLY ,2ND WAVE CORRECTION MAY BE TREND CHANGE 📉 Step 1: Bearish 5-Wave Decline
Market completes a 5-wave bearish impulse downtrend.
At the end, bullish divergence appears between wave 3 and wave 5 (price makes a lower low, but momentum/RSI/MACD shows higher low → classic divergence).
This suggests that the **downward momentum is weakening**.
🔺 Step 2: Leading Diagonal Triangle (LDT) Formation
After the truncated 5th wave, the market starts forming a Leading Diagonal Triangle.
This LDT appears as Wave 1 of a new bullish impulse.
Important: Since it is wedge-shaped, it’s often slow, choppy, and overlapping — many traders mistake it for consolidation.
📉 Step 3: Sharp Correction (Wave 2)
Once the LDT completes, a sharp correction (Wave 2) usually follows.
This correction is often deep (50–78.6% retracement of the entire LDT).
This “shakeout” is necessary to trap weak hands before the **real uptrend begins**.
📈 Step 4: Breakout & Start of Wave 3
After Wave 2 completes, the market breaks out upward.
This breakout marks the **start of the powerful Wave 3 (the strongest, fastest, and most extended wave).
Wave 3 usually shows high volume + no divergence → pure strength.
That’s the move traders want to ride.
✅ **Conclusion / Trading Insight**
bearish 5-wave decline with bullish divergence, if a Leading Diagonal Triangle forms, it signals trend reversal.
THIS IS ONLY FOR STUDY PURPOSE NOT A TIP
Part 2 Trading Master ClassKey Terms in Option Trading
Before diving deeper, let’s understand the language of option traders.
Premium: The price paid to buy an option.
Strike Price: The price at which the option holder can buy (call) or sell (put) the asset.
Expiration Date: The last date on which the option can be exercised.
In-the-Money (ITM): When exercising the option would be profitable.
Out-of-the-Money (OTM): When exercising the option would not be profitable.
At-the-Money (ATM): When the underlying price equals the strike price.
Intrinsic Value: The amount of profit if the option were exercised immediately.
Time Value: The portion of the option premium that reflects the time left until expiration.
Example: If a stock is trading at ₹100 and you buy a call option with a strike price of ₹90 for ₹15 premium, the intrinsic value is ₹10 (100 – 90), and the remaining ₹5 is time value.
How Option Trading Works
Let’s look at a simple example:
Stock XYZ is trading at ₹200.
You buy a call option with a strike price of ₹210 for ₹5 premium.
The option expires in one month.
Scenario 1: Stock rises to ₹230
Intrinsic Value = ₹20 (230 – 210).
Profit = ₹20 – ₹5 (premium) = ₹15 per share.
Scenario 2: Stock stays at ₹200
Intrinsic Value = 0.
Loss = ₹5 (premium paid).
This shows the beauty of options: limited risk (premium paid) but unlimited upside in case of calls.
HDFCBANK 1D Time frame📍 Current Price Action
Current Price: ~₹968
Day Range: ₹960 – ₹975
Trend: Neutral to mildly bullish
⚙ Technical Indicators
RSI (14): ~53 → neutral momentum
MACD: Slightly positive → mild upside bias
ADX (14): ~32 → moderate trend strength
MFI (Money Flow Index): Mid-range → balanced buying/selling pressure
📊 Moving Averages
Short-term (5, 10, 20-day): Price trading above → bullish signals
Medium to Long-term (100, 200-day): Mixed to weak → acting as resistance
📉 Support & Resistance
Immediate Support: ₹960 – ₹965
Next Support Zone: ₹940 – ₹950
Immediate Resistance: ₹970 – ₹975
Next Resistance: ₹985 – ₹990
🧠 Summary
HDFC Bank is in a neutral to mildly bullish zone on the daily chart. Price is holding above short-term averages, but longer-term averages are acting as resistance. If the stock sustains above ₹975, it may move toward ₹985–₹990. Failure to hold ₹960 could drag it toward ₹940–₹950.
TATACONSUM 1D Time frame📍 Current Price Action
Current Price: ~₹1,105
Day Change: +0.3% approx
52-Week Range: ₹882 – ₹1,234
⚙ Technical Indicators
RSI (14): ~62-65 → bullish momentum
MACD: Positive → upside bias intact
ADX (14): Above 50 → strong trend strength
Stochastic / Williams %R: In overbought zone → short-term pullback risk
📊 Moving Averages
Short-term (5, 10-day): Bullish, price trading above
Medium-term (20, 50-day): Bullish, trend supportive
Long-term (100, 200-day): Bullish, strong structure
📉 Support & Resistance
Immediate Support: ₹1,080 – ₹1,090
Next Support Zone: ₹1,060 – ₹1,030
Immediate Resistance: ₹1,115 – ₹1,125
Major Resistance (52-week high): ₹1,230+
🧠 Summary
Tata Consumer is bullish on the daily chart. Indicators and moving averages show strong momentum, though overbought signals suggest chances of consolidation or mild pullback. Holding above ₹1,080 keeps the uptrend intact. A breakout above ₹1,125 can open the way toward ₹1,230+.
INFY 1D Time frame📍 Current Price Action
Current Price: ~₹1,509
Day Change: about –1.5%
Daily Range: ₹1,500 – ₹1,515
⚙ Technical Indicators
RSI (14): ~57–60 → neutral to mildly bullish momentum
MACD: Positive → signals upward bias
Stochastic Oscillator: Near oversold zone → indicates possible bounce
ADX (14): ~26 → moderate trend strength
Money Flow Index (MFI): Mid-range → no extreme buying/selling pressure
📊 Moving Averages
Short-term (5, 10-day): Price trading slightly below → short-term weakness
Medium to Long-term (50, 100, 200-day): Price still above → long-term structure supportive
📉 Support & Resistance
Immediate Support: ~₹1,500
Next Support: ~₹1,480 – ₹1,470
Immediate Resistance: ~₹1,512 – ₹1,515
Breakout Target (if above resistance): ~₹1,530 – ₹1,540
🧠 Summary
INFY is neutral to mildly bullish on the daily chart. Support at ₹1,500 is crucial — holding above it keeps momentum intact. If the stock breaks above ₹1,515, it can push toward ₹1,530–1,540. On the downside, breaking below ₹1,500 may invite weakness toward ₹1,480–1,470.
INOX india ltdMajor Trend / Impulsive Move
Strong bullish trend from April–June created the impulsive leg up.
After that, price entered a correction phase (sideways/down).
Liquidity Grab at Highs (EQ High)
Price made a top near 1320–1340, swept liquidity, and retraced ~50%.
This retracement allowed fresh accumulation before the next possible impulsive move.
Discount Zone & FVG (Fair Value Gap)
Price retraced into the FVG discount zone (~1080–1120).
This is a strong institutional demand area, where buyers re-entered.
Elliott Wave Count (1–5)
Current price action is forming a 5-wave impulsive structure:
Wave (1): Initial bounce from discount zone.
Wave (2): Retracement with higher low.
Wave (3): Strong bullish push.
Wave (4): Ongoing pullback / correction.
Wave (5): Expected next impulsive leg upward.
Trade Setup (as per chart)
CMP: 1170
Entry Zone: Around 1164–1170 (end of Wave 4 pullback).
Stop Loss: Below 1113 (discount zone invalidation).
Target: 1286+ (completion of Wave 5).
Technical Outlook
Support Levels:
1164 (near-term support)
1113 (critical demand zone & invalidation point)
Resistance Levels:
1200 (minor resistance)
1285–1300 (Wave 5 target zone)
Trend Bias: Bullish (short-term and medium-term).
Risk–Reward: Favorable (approx 1:2+).
✅ Summary:
INOX India is in a bullish Elliott Wave structure. Wave (4) correction looks nearly complete. If price sustains above 1160–1170, next impulsive rally towards 1285–1300 is likely. Best buying opportunity lies near current levels with SL below 1113.
SUNPHARMA 1D Time frame📈 1-Day Price Action
current: ₹1,610.50
Open: ₹1,592.50
High: ₹1,614.00
Low: ₹1,592.50
Close: ₹1,611.10
Volume: 1.14 million shares
🔧 Technical Indicators
Relative Strength Index (14): 65.29 — indicates bullish momentum
MACD: 6.80 — suggests upward trend
Moving Averages: 5-day MA: ₹1,608.84, 50-day MA: ₹1,586.46, 200-day MA: ₹1,610.12 — all signaling a buy
Pivot Point: ₹1,610.10 — aligns with current trading level
📊 Trend & Levels
Trend: Bullish
Support: ₹1,600
Resistance: ₹1,620
🧠 Market Sentiment
Analysts maintain a positive outlook on Sun Pharma, with JM Financial retaining a "Buy" rating and a revised target price of ₹2,025, reflecting confidence in the stock's potential for appreciation over the next year.
SENSEX 1D Time frame📊 Current Snapshot
Current Price: ₹81,571
Day’s Range: ₹81,500 – ₹81,600
Previous Close: ₹81,425.15
Opening Price: ₹81,504.36
Volume: Moderate
📈 Trend & Indicators
Trend: Neutral to mildly bullish; trading near short-term resistance.
RSI (14): Neutral zone.
MACD: Positive → indicating mild bullish momentum.
Moving Averages: Short-term averages indicate neutral to slightly bullish outlook.
🔮 Outlook
Bullish Scenario: Break above ₹81,700 with strong volume could target ₹81,900.
Bearish Scenario: Drop below ₹81,400 may lead to further decline toward ₹81,200.
Neutral Scenario: Consolidation between ₹81,400 – ₹81,700; breakout needed for directional move.
📌 Key Factors to Watch
Economic Indicators: Interest rates, inflation, and RBI policy updates.
Sector Performance: Trends in the IT and financial sectors.
Global Cues: Global market trends, US indices, crude oil, and currency movements.
BANKNIFTY 1D Time frameApologies for any confusion earlier. As of September 11, 2025, at 2:48 PM IST, the Nifty Bank (BANKNIFTY) index is trading at approximately ₹54,536.00 on the daily (1D) time frame.
The Economic Times
📊 Current Snapshot
Current Price: ₹54,681.00
Day’s Range: ₹54,402.40 – ₹54,733.90
Previous Close: ₹54,536.00
Opening Price: ₹54,413.05
Volume: Approximately 6.16 million shares
📈 Trend & Indicators
Trend: Neutral to mildly bullish; trading near short-term resistance.
RSI (14): Neutral zone.
MACD: Positive → indicating mild bullish momentum.
Moving Averages: Short-term averages indicate neutral to slightly bullish outlook.
🔮 Outlook
Bullish Scenario: Break above ₹54,800 with strong volume could target ₹55,000.
Bearish Scenario: Drop below ₹54,400 may lead to further decline toward ₹54,200.
Neutral Scenario: Consolidation between ₹54,400 – ₹54,800; breakout needed for directional move.
📌 Key Factors to Watch
Economic Indicators: Interest rates, inflation, and RBI policy updates.
Sector Performance: Trends in the banking sector.
Global Cues: Global market trends, US indices, crude oil, and currency movements.
RELIANCE 4Hour 📊 Current Snapshot
Current Price: ₹1,380📈 Trend & Indicators
Trend: Neutral to mildly bullish; trading near short-term resistance.
RSI (14): Neutral zone.
MACD: Positive → indicating mild bullish momentum.
Moving Averages: Short-term averages indicate neutral to slightly bullish outlook.
🔮 Outlook
Bullish Scenario: Break above ₹1,385.50 with strong volume could target ₹1,390.00.
Bearish Scenario: Drop below ₹1,375.00 may lead to further decline toward ₹1,370.00.
Neutral Scenario: Consolidation between ₹1,375.00 – ₹1,385.50; breakout needed for directional move.
📌 Key Factors to Watch
Economic Indicators: Interest rates, inflation, and RBI policy updates.
Sector Performance: Trends in the energy and petrochemical sectors.
Global Cues: Global market trends, US indices, crude oil, and currency movements..90
Day’s Range: ₹1,375.00 – ₹1,385.50
Previous Close: ₹1,377.00
Opening Price (4H): ₹1,376.00
Volume: Approximately 371,445 shares traded
SENSEX 1D Time frame📍 Current Price Action
Sensex is currently trading around 81,577.
Day’s low is near 81,216 and high is near 81,589.
The index is consolidating near recent highs.
⚖️ Key Levels
Immediate Resistance: 81,600 – 81,850
Next Resistance: 82,000 – 82,200
Immediate Support: 81,200 – 81,000
Strong Support: 80,800 – 80,500
📊 Indicators
Moving Averages: Short-, medium-, and long-term averages are in bullish alignment → trend remains positive.
RSI (14-day): Around 60–62 → shows bullish momentum, not in overbought zone.
MACD: Positive, confirming bullish bias.
📈 Outlook
As long as Sensex holds above 81,000, the bias stays bullish.
A breakout above 81,850 – 82,000 can open upside toward 82,500+.
If it slips below 81,000, a pullback toward 80,800 – 80,500 is possible.
HCLTECH 1D Time frame📍 Current Price Action
HCLTECH is trading around ₹1,464.
Day’s low is near ₹1,458, and high is around ₹1,470.
The stock is consolidating near the upper end of its intraday range.
⚖️ Key Levels
Immediate Resistance: ₹1,470 – ₹1,475
Next Resistance: ₹1,495 – ₹1,500
Immediate Support: ₹1,450
Strong Support: ₹1,430 – ₹1,420
📊 Indicators
Moving Averages: Short-term MAs (5-, 10-day) slightly lagging, medium-term (20-, 50-day) supportive → trend mildly bullish.
RSI (14-day): Around 66 → showing bullish momentum, approaching overbought.
MACD: Positive, indicating mild bullish bias, but momentum is not extremely strong.
📈 Outlook
If HCLTECH holds above ₹1,450, potential upside toward ₹1,470 – ₹1,495 exists.
A breakout above ₹1,475 could open room toward ₹1,500.
On the downside, a drop below ₹1,450 may test ₹1,430 – ₹1,420 support.
Overall bias: Slightly bullish, but caution near resistance.