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Swing Trade : ALKEM Supported by HammerALKEM Swing Setup – Hammer Confirmation Price action signals a potential reversal as ALKEM finds support with a well-formed hammer candle. The structure aligns with prior demand zones, suggesting renewed buyer interest. Momentum indicators show early signs of recovery, and volume behavior supports the shift in sentiment. This setup favors a swing approach with defined risk and trend-following potential. Will exit withing 14 days.
NSE:ALKEMLong
by pickmystock
Gold Trading Strategy | October 30-31 ✅ From the 4-hour chart, gold has pulled back from the upper highs and remains within a medium-term bearish structure. The current candlestick is attempting to test the upper Bollinger Band (around the 4040–4045 zone). The MA5 and MA10 are starting to converge upward, suggesting the possibility of continued short-term rebound momentum. However, the MA20 is still sloping downward, indicating that the medium-term trend remains weak. Therefore, the current rise is mainly a technical correction. ✅ From the 1-hour chart, gold has broken above short-term moving average pressure and is now operating above the MA5, MA10, and MA20, forming a short-term bullish consolidation structure. Price has repeatedly tested the upper Bollinger Band, and although bullish momentum is sufficient, it is gradually slowing down. The Bollinger Bands are widening, indicating increased volatility in the short term. The 4028–4032 area forms strong resistance (previous high + upper band pressure). If price fails to break above, this zone may cap further upside. Overall, the 1-hour timeframe remains bullish, but caution is required near key resistance levels to avoid a sharp pullback. 🔴 Resistance Levels: 4028–4032 / 4050 / 4072 🟢 Support Levels: 3995–3990 / 3977 / 3955 ✅ Trading Strategy Reference: 🔰 If gold tests the 4028–4032 zone but fails to break through, consider light short positions, targeting 3995–3977. 🔰 If gold pulls back to the 3990–3995 zone and stabilizes, you may consider short-term long positions, targeting 4020–4028. 🔰 If gold breaks above 4035, consider light long positions, targeting 4050–4070. 🔥Trading Reminder: Trading strategies are time-sensitive, and market conditions can change rapidly. Please adjust your trading plan based on real-time market conditions.
OANDA:XAUUSD
by GoldTradingPro
Bullish Trend but News making bearishYesterday, after 13 months, Nifty closed above 26,000. Everyone, including me, was expecting a gap-up opening, but due to FED rate news, the meeting between Trump and the Chinese president, and a few other global cues, the market opened with a gap-down of around 80 points and finally closed 180 points lower. What Next? Even though the market fell today, it presents a buying opportunity. 25800 remains a strong support level. After a long phase of consolidation, Nifty has finally closed above 25,677, which was an important previous resistance level.
NSE:NIFTYLong
by Chethan333
potential multibagger? TVSSCS buy trigger above 150 level holding for more than 2-3years hoping TVSSCS is going to be 2-3x TVS SCS (TVS Supply Chain Solutions) is from the TVS Group, which also includes TVS Motor Company. Both companies are part of the larger TVS Mobility Group, and TVS Motor Company has increased its stake in TVS Supply Chain Solutions Parent company: It is now part of the TVS Mobility Group, and TVS Motor Company is a significant stakeholder. Relationship: TVS Motor Company has been acquiring additional shares in TVS Supply Chain Solutions, making their relationship even more direct. Function: TVS Supply Chain Solutions provides logistics and supply chain management services, while TVS Motor Company manufactures vehicles
NSE:TVSSCS
by mightymunna
2
Indraprastha Medical Ltd | Bullish Flag Breakout | Swing SetupCompany Overview (Fundamental) Indraprastha Medical Corporation Ltd (IMCL) operates under the Apollo Hospitals Group and manages the Indraprastha Apollo Hospital, New Delhi — one of India’s largest multi-specialty hospitals. Company financially strong, consistent profitability, improving margins, and low debt. Fundamentally stable company with consistent earnings and a defensive sector (Healthcare). Strong base for technical breakout follow-through. 💰 Market Cap: ~₹5,400 Cr 📈 Revenue Growth (YoY): +16% (Strong Growth) 💸 Net Profit Margin: ~10–12% (steady) 💵 Debt-to-Equity: 0.05 (virtually debt-free) 📊 ROE (Return on Equity): ~20% Technical Overview The setup represents a bullish continuation phase, with EMAs stacked positively and volume confirming accumulation. Price trades above all 3 key EMAs (9, 20, 50) — strong bullish alignment. Formation of a textbook Bullish Flag Pattern after a sharp pole rally from ₹460 to ₹610. Recent candle closed bullish with +3.4% gain and high volume (2.48M) — indicating renewed buying interest. RSI ~60 → Momentum healthy and not overbought. MACD positive crossover developing, confirming bullish trend strength. Price Action Analysis Clean, bullish, momentum-driven move with volume confirmation. Buy on dip near breakout retest at ₹580-583 Book Partial profit at ₹625–630 target 2: ₹655–660 this will be Flag breakout projection. A perfect risk to reward ratio following. Disclaimer This analysis is for educational and research purposes only — not investment advice. Always do your own due diligence and manage risk before trading.
NSE:INDRAMEDCOLong
by Airborn_trader
4
XAU/USD — Rejection Expected from Resistance Zone for Bearish CoCurrent Price: $4,005 Resistance Zone: $4,020 – $4,040 Gold is approaching a strong resistance area that previously triggered a pullback. Trend Structure: The market is moving inside a short-term ascending channel, but momentum shows signs of exhaustion near the upper boundary. Key Observation: A false breakout or rejection at the resistance could initiate a downward correction. Bearish Signal Setup: Entry Zone (Sell): $4,015 – $4,035 (look for rejection candles or bearish engulfing near resistance) Target 1: $3,960 Target 2 (Main Target): $3,913 Stop Loss: $4,045 above resistance zone EUREX:FDAX1! ICEEUR:RC1! ICEEUR:BRN1! ICEEUR:WBS1! EUREX:FESX1! EUREX:FGBL1! EUREX:FDXM1! Risk/Reward Ratio: Approx. 1:2.5 Confirmation: Wait for bearish confirmation candle on 15M or 30M timeframe. Break below $3,980 will strengthen bearish momentum toward target. Signal Summary (📉 Sell Setup): Direction Entry TP1 TP2 SL ICEEUR:Z1! ICEEUR:W1! EUREX:FGBM1! EUREX:FGBS1! EUREX:FGBS1! ICEEUR:GWM1! EUREX:FXXP1! EUREX:DOWF1! ICEEUR:XZ1! 🔻 SELL 4,015 – 4,035 3,960 3,913 4,045
FOREXCOM:XAUUSD
by MR_NARCOS_ANALYSIS
“Nifty 50 Intraday Key Levels | Buy & Sell Zones 31th Oct 2025”Want to learn more? Like this post and follow me!” 26240🔴 Above 10m closing Shot Cover Level Strong resistance — short covering likely above this. 26080🟠 Below 10m hold PE By level / Above 10m hold CE by level 25980🟣 Above 10M hold positive trade view Below 10M hold negative trade view Sentiment deciding level — crucial for trend direction. 25818⚫ Above Opening S1 10m Hold CE By level Bullish entry level — CE hold area. 25690🟠 Below Opening R1 10m Hold PE By level Below 10m hold PE By Risky Zone Weak zone — PE may strengthen below this. 25490🟢 Above 10M hold CE By Safe Zone level Safe bullish zone — CE can be held confidently above. 25470🔵 BELOW 10M hold UNWINDING level Breakdown zone — unwinding or heavy selling possible below.
NSE:NIFTYLong
by mayuraj_820
Aditya Birla Capital | Bullish Momentum with Exceptional Volume 💹 Aditya Birla Capital Ltd (NSE: ABCAPITAL) Sector: Financial Services | CMP: ₹326.80 | View: Bullish Continuation Setup 📊 Price Action: Aditya Birla Capital witnessed a bullish breakout from a tight consolidation range, confirming renewed buying interest. Price action shows strong momentum as the stock reclaimed short-term resistance with conviction. Sustaining above 325 can open the path toward 340–347 in the short term, supported by high-volume expansion. 💼 HNI Trade Levels (STWP Setup): Aggressive Entry: 326.80–328.81 | Stop Loss: 310.58 Low-Risk Entry: 323.14 | Stop Loss: 305.51 HNI and institutional traders have shown clear accumulation interest backed by strong volumes. The bullish structure with expanding range candles indicates smart money positioning early into the trend. Momentum continuation is likely as long as price sustains above 314–316 support. 📉 VCP Analysis: Aditya Birla Capital displays a classic Volatility Contraction Pattern, tightening across the last few weeks before the breakout. Today’s 20-day volume breakout confirms the end of contraction and the beginning of a volatility expansion phase. The setup indicates strong institutional intent aligning with the final stage of the VCP breakout. 📈 STWP Trading Analysis: Entry: 328.80 | Stop Loss: 310.58 Strong bullish candle supported by a 5x surge in volume highlights aggressive participation. The trend structure remains positive with a series of higher highs and higher lows. Holding above 320 will keep the bias firmly bullish and validate the ongoing uptrend. 📏 Fibonacci Analysis: The Fibonacci retracement from the recent swing low at 269.84 to swing high at 350.50 places the price near the 38.2% zone, maintaining a healthy correction within trend. Holding above 314–316 (23.6%) keeps the pattern intact and supports trend continuation. A breakout above 333.87 (resistance 1) could drive a move toward 347–353, aligning with the Fibonacci extension projections. 🧭 STWP Support & Resistance: Resistances: 333.87 | 340.93 | 353.07 Supports: 314.67 | 302.53 | 295.47 While resistance zones near 333–353 may face mild supply, supports between 302–314 appear strong with institutional defense. Major demand zones are visible near 283–295, confirming deep accumulation pockets. The setup structure remains bullish with strong support and relatively weak resistance above 333. 📊 STWP Volume & Technical Setup: Today’s session recorded exceptional volume at 27.94M vs 5.43M average, a 5.14x surge, confirming institutional activity. The yellow label highlights multiple confirmations — bullish engulfing candle, RSI breakout, and Bollinger Band expansion, signaling volatility release from compression. Indicators like MACD and Stochastic remain bullish across daily to weekly timeframes, strengthening the continuation outlook. 🧩 STWP Summary View: Final Outlook: Momentum: Strong | Trend: Bullish | Risk: Moderate | Volume: High Aditya Birla Capital is showing a strong technical structure with institutional footprints, rising volumes, and momentum confirmation. Sustaining above 320 keeps risk controlled, while a decisive move above 333 could accelerate momentum toward higher resistance zones. The bias remains bullish with trend continuation potential in the near term. ⚠️ Disclosure & Disclaimer – Please Read Carefully The information shared here is meant purely for learning and awareness. It is not a buy or sell recommendation and should not be taken as investment advice. I am not a SEBI-registered investment adviser, and all views expressed are based on personal study, chart patterns, and publicly available market data. Trading—whether in stocks or options—carries risk. Markets can move unexpectedly, and losses can sometimes exceed the money you have invested. Past performance or past setups do not guarantee future results. Always assess your risk, position sizing, and strategy suitability before entering trades. Consult a SEBI-registered financial adviser before making any real trading decision. Position Status: No active position in (ABCAPITAL) at the time of analysis. Data Source: TradingView & NSE India (Past Chart Reference) 💬 Found this useful? 🔼 Give this post a Boost to help more traders discover structured learning. ✍️ Drop your thoughts, questions, or setups in the comments — let’s grow together! 🔁 Share with fellow traders and beginners to spread awareness. 👉 “If you liked this breakdown, follow for more clean, structured setups with discipline at the core.” 🚀 Stay Calm. Stay Clean. Trade With Patience. Trade Smart | Learn Zones | Be Self-Reliant 📊
NSE:ABCAPITALLong
by simpletradewithpatience
Oil India | Bullish Breakout with Institutional Volume Surge💹 Oil India Ltd (NSE: OIL) Sector: Energy | CMP: ₹438.05 | View: Bullish Breakout Setup 📊 Price Action: Oil India has shown a strong bullish candle breakout after weeks of consolidation between 410–420. Buyers stepped in aggressively with volume confirmation, pushing price above the short-term resistance. A sustained close above 435 could trigger a fresh up-move toward the 450–455 zone. HNI Trade Levels (STWP Setup): Aggressive Entry: 434.75–436.20 | Stop Loss: 416.08 Low-Risk Entry: 432.57 | Stop Loss: 411.75 HNI and institutional buyers are showing strong accumulation interest with rising volumes. The breakout candle indicates smart money entering early into the trend. Sustained buying momentum suggests continued institutional participation ahead. VCP Analysis: Oil India is forming a smooth Volatility Contraction Pattern with clear price tightening in recent weeks. Volume contraction followed by today’s strong expansion indicates a potential VCP breakout stage. The surge in volume confirms institutional activity aligning with the final contraction phase breakout. STWP Trading Analysis: Entry: 436.20 | Stop Loss: 410.30 Strong bullish momentum with a wide-range candle backed by heavy institutional volumes. The breakout structure signals renewed trend strength with clear directional intent. Sustaining above 430 will keep the momentum in favor of buyers. Fibonacci Analysis: Oil India’s Fibonacci structure is plotted from the Swing Low at 384.6 to the Swing High at 491.5, capturing the recent trend wave. The stock is currently trading near the 50% retracement level at 438.05, showing a strong recovery within the ongoing uptrend. Holding above the 38.2% zone at 425.44 will keep momentum intact, while a breakout above the 61.8% level at 450.66 could extend the move toward 468–491, confirming trend continuation. STWP Support & Resistance: Resistances: 440.53 | 446.32 | 456.43 Supports: 424.63 | 414.52 | 408.73 While we note the above technical levels, the chart displays resistance zones at 448–456 and 478–491 as relatively weak, indicating limited selling pressure. However, supports near 392–384 and 325–350 appear strong, reflecting firm institutional demand and accumulation interest. This structure suggests a bullish bias, where sustained buying above 440 could trigger continuation momentum toward higher levels. STWP Volume & Technical Setup: Oil India delivered a power-packed bullish session today, marked by a strong Marubozu candle that reflected uninterrupted buying momentum from open to close. The chart’s yellow label captures a perfect storm of bullish confirmations — from exceptional volume (6.03M vs 2.48M avg, ratio 2.43x) to a Bollinger Band breakout emerging right after a compression phase, signaling fresh volatility expansion. The RSI breakout, 200 EMA crossover, and BB Squeeze trigger all align to validate institutional accumulation and trend strength. With buyer dominance clearly visible, Oil India stands poised for a momentum-driven continuation in the sessions ahead. STWP Summary View: Final Outlook: Momentum: Strong | Trend: Bullish | Risk: Low | Volume: High Oil India displays a textbook bullish setup with strong price action, expanding volume, and visible institutional activity. A high-volume breakout from a tight base confirms trend strength and upside potential. Holding above key supports keeps risk low and the bullish momentum intact. ________________________________________ ________________________________________ ⚠️ Disclosure & Disclaimer – Please Read Carefully The information shared here is meant purely for learning and awareness. It is not a buy or sell recommendation and should not be taken as investment advice. I am not a SEBI-registered investment adviser, and all views expressed are based on personal study, chart patterns, and publicly available market data. Trading—whether in stocks or options—carries risk. Markets can move unexpectedly, and losses can sometimes exceed the money you have invested. Past performance or past setups do not guarantee future results. If you are a beginner, treat this as a guide to understand how the market works and practice on paper trades before risking real money. If you are experienced, always assess your own risk, position sizing, and strategy suitability before entering trades. Consult a SEBI-registered financial adviser before making any real trading decision. By engaging with this content, you acknowledge full responsibility for your trades and investments. Position Status: No active position in (OIL) at the time of analysis. Data Source: TradingView & NSE India (Past Chart Reference) (Historical levels) 💬 Found this useful? 🔼 Give this post a Boost to help more traders discover clean, structured learning. ✍️ Drop your thoughts, questions, or setups in the comments — let’s grow together! 🔁 Share with fellow traders and beginners to spread awareness. 👉 “If you liked this breakdown, follow for more clean, structured setups with discipline at the core.” 🚀 Stay Calm. Stay Clean. Trade With Patience. Trade Smart | Learn Zones | Be Self-Reliant 📊
NSE:OILLong
by simpletradewithpatience
Crude sell recommended on weekends, 5310-5270 support Crude sell rise recommended during weekends 5310-5270 support if break then more fall How My Harmonic pattern projection Indicator work is explained below : Recent High or Low : D-0% is our recent low or high Profit booking zone ( Early / Risky entry) : D 13.2% -D 16.1 % is range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed SL reversal zone (Safe entry ) : SL 23.1% and SL 25.5% is reversal zone if break then trend reverse and we can take reverse trade Target : T1, T2, T3, T4 and . Are our Target zone Any Upside or downside level will activate only if break 1st level then 2nd will be active if break 2nd then 3rd will be active. Total we have 7 important level which are support and resistance area Until , 16% not break uptrend will continue if break then profit booking will start. If break 25% then fresh downtrend will start then T1, T2,T3 will activate 1,3,5,10,15,20 minutes are short term levels. 30 minutes 60 minutes , 2 hours,3 hours, ... 1 day and 1 week chart positional and long term levels
MCX:CRUDEOIL1!Short
by EquityCommodityMarketJaiPrakas
Copper as said many times buy on dip , 1045-1060 next Copper continuously buying recommended buy on dip will be continued 1055-1060 next target How My Harmonic pattern projection Indicator work is explained below : Recent High or Low : D-0% is our recent low or high Profit booking zone ( Early / Risky entry) : D 13.2% -D 16.1 % is range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed SL reversal zone (Safe entry ) : SL 23.1% and SL 25.5% is reversal zone if break then trend reverse and we can take reverse trade Target : T1, T2, T3, T4 and . Are our Target zone Any Upside or downside level will activate only if break 1st level then 2nd will be active if break 2nd then 3rd will be active. Total we have 7 important level which are support and resistance area Until , 16% not break uptrend will continue if break then profit booking will start. If break 25% then fresh downtrend will start then T1, T2,T3 will activate 1,3,5,10,15,20 minutes are short term levels. 30 minutes 60 minutes , 2 hours,3 hours, ... 1 day and 1 week chart positional and long term levels
MCX:COPPER1!Long
by EquityCommodityMarketJaiPrakas
Silver 45.60$ target hit then bounce , start buying on dip againHow My Harmonic pattern projection Indicator work is explained below : Recent High or Low : D-0% is our recent low or high Profit booking zone ( Early / Risky entry) : D 13.2% -D 16.1 % is range if break them profit booking start on uptrend or downtrend but only profit booking, trend not changed SL reversal zone (Safe entry ) : SL 23.1% and SL 25.5% is reversal zone if break then trend reverse and we can take reverse trade Target : T1, T2, T3, T4 and . Are our Target zone Any Upside or downside level will activate only if break 1st level then 2nd will be active if break 2nd then 3rd will be active. Total we have 7 important level which are support and resistance area Until , 16% not break uptrend will continue if break then profit booking will start. If break 25% then fresh downtrend will start then T1, T2,T3 will activate 1,3,5,10,15,20 minutes are short term levels. 30 minutes 60 minutes , 2 hours,3 hours, ... 1 day and 1 week chart positional and long term levels
OANDA:XAGUSDLong
by EquityCommodityMarketJaiPrakas
Sensex Structure Analysis & Trade Plan: 31st OctoberDetailed Market Structure Breakdown 4-Hour Chart (Macro Trend) Structure: The Sensex is now in a Corrective Phase within its broader uptrend. The price broke out of the ascending channel in the morning but was aggressively rejected from the 85,300 - 85,600 supply zone (recent high). The final 4H candle is a large bearish candle, confirming the Market Structure Shift (MSS) to the downside. The price closed right on the lower trendline of the corrective pattern. Key Levels: Major Supply (Resistance): 85,000 - 85,300. This area (the high of the breakdown and psychological mark) is the immediate overhead resistance. Major Demand (Support): 84,200 - 84,400. This area, which includes the lower trendline of the current corrective pattern and a strong FVG (Fair Value Gap), is the must-hold zone for the medium-term rally. Outlook: The short-term bias is Bearish. The sharp reversal suggests strong profit-booking, and the market is likely to seek lower support levels. 1-Hour Chart (Intermediate View) Structure: The 1H chart clearly shows the massive selling pressure that followed the failure at the high. The price has broken below the 9-period EMA and the lower trendline of the immediate ascending channel. The market is now trading right above the 84,400 support. Key Levels: Immediate Resistance: 85,000 (The breakdown level/FVG). Immediate Support: 84,200 - 84,400. 15-Minute Chart (Intraday View) Structure: The 15M chart confirms the steep descending channel formed during the correction. The market closed near its low, breaking below the immediate swing low and confirming intraday bearish control. Key Levels: Intraday Supply: 84,800 (Upper channel trendline). Intraday Demand: 84,200. Outlook: Strongly Bearish for the session open. A "Sell on Rise" strategy is highly favored. 📈 Structure Analysis & Trade Plan: 31st October Market Outlook: The Sensex witnessed an aggressive reversal after failing to break the recent high. The US Federal Reserve decision (post-market yesterday) will introduce high volatility. The primary strategy is to sell the breakdown or sell into any weak rise. Bearish Scenario (Primary Plan: Correction Continuation) Justification: The aggressive rejection from the supply zone and the breakdown of the short-term bullish structure favor continuation toward the main FVG support. Entry: Short entry on a decisive break and 15-minute candle close below 84,200. Alternatively, short a retest and rejection of the 84,800 level (upper channel/FVG). Stop Loss (SL): Place a stop loss above 85,300 (above the high of the breakdown). Targets: T1: 83,800 (Lower channel support/FVG). T2: 83,600 (Major FVG demand zone). Bullish Scenario (Counter-Trend/Reversal) Justification: Only valid if the Fed decision was extremely dovish, leading to a strong gap-up that negates the current selling structure. Trigger: A sustained move and close above 85,300. Entry: Long entry on a confirmed 15-minute close above 85,300. Stop Loss (SL): Below 84,800. Targets: T1: 85,600 (Upper channel boundary). T2: 86,000 (All-Time High retest). Key Levels for Observation: Immediate Decision Point: 84,200 - 84,800 zone. Bearish Confirmation: Sustained trade below 84,200. Bullish Warning: A move back above 85,000. Line in the Sand: 84,200. Below this level, the short-term bullish bias is strongly bearish.
BSE:SENSEXShort
by BhardwajVipin
Banknifty Structure Analysis & Trade Plan: 31st OctoberDetailed Market Structure Breakdown 4-Hour Chart (Macro Trend) Structure: The Bank Nifty is now in a Corrective Phase within its broader uptrend. The price was aggressively rejected from the All-Time High zone (58,577) and the upper channel boundary. The final 4H candle is a large bearish candle, confirming the Market Structure Shift (MSS) to the downside. The price closed below the midline of the current ascending channel. Key Levels: Major Supply (Resistance): 58,300 - 58,400. This area (the breakdown level and the FVG) is the immediate overhead resistance. Major Demand (Support): 57,800 - 58,000. This area, which includes the lower trendline of the current ascending channel and a prior FVG (Fair Value Gap), is the must-hold zone for the medium-term rally. Outlook: The short-term bias is Bearish. The sharp reversal suggests strong profit-booking, and the market is likely to seek lower support levels. 1-Hour Chart (Intermediate View) Structure: The 1H chart clearly shows the massive selling pressure that followed the failure at the ATH. The price has broken below the 9-period EMA and is now trading right above the 57,800 support, which is the lower trendline of the channel. Key Levels: Immediate Resistance: 58,300 (The breakdown level/FVG). Immediate Support: 57,800 - 58,000. 15-Minute Chart (Intraday View) Structure: The 15M chart confirms the steep descending channel formed during the correction. The market closed near its low, breaking below the immediate swing low and confirming intraday bearish control. Key Levels: Intraday Supply: 58,200. Intraday Demand: 57,800. Outlook: Strongly Bearish for the session open. A "Sell on Rise" strategy is highly favored. 📈 Structure Analysis & Trade Plan: 31st October Market Outlook: The Bank Nifty witnessed an aggressive reversal after failing to hit a new ATH. Bearish Scenario (Primary Plan: Correction Continuation) Justification: The aggressive rejection from the ATH zone and the breakdown of the short-term bullish structure favor continuation toward the main FVG support. Entry: Short entry on a decisive break and 15-minute candle close below 57,800. Alternatively, short a retest and rejection of the 58,200 level (upper channel/FVG). Stop Loss (SL): Place a stop loss above 58,400 (above the immediate breakdown high). Targets: T1: 57,500 (Psychological support). T2: 57,200 (Major FVG demand zone). Bullish Scenario (Counter-Trend/Reversal) Justification: Only valid if the Fed decision was extremely dovish, leading to a strong gap-up that negates the current selling structure. Trigger: A sustained move and close above 58,400. Entry: Long entry on a confirmed 15-minute close above 58,400. Stop Loss (SL): Below 58,100. Targets: T1: 58,577 (All-Time High retest). T2: 59,000 (Extension target). Key Levels for Observation: Immediate Decision Point: 57,800 - 58,200 zone. Bearish Confirmation: Sustained trade below 57,800. Bullish Warning: A move back above 58,400. Line in the Sand: 57,800. Below this level, the short-term bullish bias is strongly bearish.
NSE:BANKNIFTYShort
by BhardwajVipin
Nifty Structure Analysis & Trade Plan: 31st OctoberBased on the charts and the market's performance on Wednesday, October 30, the Nifty experienced a sharp reversal/correction in the last half of the session, pulling back significantly from the high established earlier in the day. The index closed below a critical short-term support level. Detailed Market Structure Breakdown 4-Hour Chart (Macro Trend) Structure: The Nifty is now in a Corrective Phase within its broader uptrend. The price broke out of the ascending channel to the upside in the morning but was aggressively rejected from the 26,100 - 26,200 supply zone (All-Time High area). The final 4H candle is a large bearish candle, confirming the Market Structure Shift (MSS) to the downside. The price closed right on the 9-period EMA (blue line on the chart). Key Levels: Major Supply (Resistance): 26,000 - 26,100. This area (the breakdown level and psychological mark) is the immediate overhead resistance. Major Demand (Support): 25,750 - 25,800. This area, which includes the lower boundary of the previous steep channel and a key FVG (Fair Value Gap), is the must-hold zone for the medium-term rally. Outlook: The short-term bias is Bearish. The sharp reversal suggests strong profit-booking, and the market is likely to seek lower support levels. 1-Hour Chart (Intermediate View) Structure: The 1H chart clearly shows the massive selling pressure that followed the failure to break the high. The price has broken below the lower trendline of the immediate ascending channel and has formed a distinct descending channel during the last hours of trading. Key Levels: Immediate Resistance: 25,950 (The breakdown level and upper boundary of the descending channel). Immediate Support: 25,750 - 25,800. 15-Minute Chart (Intraday View) Structure: The 15M chart confirms the steep descending channel and strong intraday bearish control. The market closed near its low, indicating bears are dominant for the open. Key Levels: Intraday Supply: 25,950. Intraday Demand: 25,750 - 25,800. Outlook: Strongly Bearish for the session open. A "Sell on Rise" strategy is highly favored. 📈 Structure Analysis & Trade Plan: 31st October Market Outlook: The Nifty witnessed an aggressive reversal after failing to make a new ATH. The primary strategy is to sell the breakdown or sell into any weak rise. Bearish Scenario (Primary Plan: Correction Continuation) Justification: The aggressive rejection from the supply zone and the breakdown of the short-term bullish structure favor continuation toward the main FVG support. Entry: Short entry on a decisive break and 15-minute candle close below 25,750. Alternatively, short a retest and rejection of the 25,950 level (upper channel/FVG). Stop Loss (SL): Place a stop loss above 26,100 (above the high of the breakdown). Targets: T1: 25,600 (Next major support). T2: 25,400 - 25,500 (Major FVG demand zone). Bullish Scenario (Counter-Trend/Reversal) Justification: Only valid if the Fed decision was extremely dovish, leading to a strong gap-up that negates the current selling structure. Trigger: A sustained move and close above 26,100. Entry: Long entry on a confirmed 15-minute close above 26,100. Stop Loss (SL): Below 25,900. Targets: T1: 26,277 (All-Time High retest). T2: 26,500 (Extension target). Key Levels for Observation: Immediate Decision Point: 25,750 - 25,950 zone. Bearish Confirmation: Sustained trade below 25,750. Bullish Warning: A move back above 26,000. Line in the Sand: 25,750. Below this level, the short-term bias is strongly bearish.
NSE:NIFTYShort
by BhardwajVipin