Gold (XAUUSD) Testing Support Before Potential Move HigherAnalysis:
The chart for Gold Spot (XAUUSD) on the 1-hour timeframe shows a strong uptrend within a rising channel, supported by higher lows.
Support Level: Price is currently testing a key support around 3,404–3,405. This level also aligns with the trendline, making it an important zone to hold.
Resistance Zone: The next major resistance lies between 3,430–3,445, where selling pressure could emerge.
Trend Outlook: As long as the support level holds, the bullish momentum remains intact, with potential for price to continue higher toward the resistance zone.
Risk Factor: A breakdown below the support and trendline could weaken the bullish structure and may trigger a pullback toward 3,390.
📈 Bias: Bullish above support, targeting resistance at 3,430–3,445.
📉 Invalidation: Bearish pressure may come into play if price closes below 3,390.
X-indicator
ETH/USD Bullish Breakout & FVG Buying Zone StrategyETH/USD Chart Analysis (30m TF)
🔹 Trend & Structure
Price was moving inside a descending channel (support & rejection lines).
Recently broke above the channel, showing bullish momentum.
🔹 Key Levels & Zones
FVG Buying Zone: $4,283 – $4,353 (potential entry zone).
EMA70 ($4,393) acting as immediate support/resistance.
EMA200 ($4,468) is the next strong resistance.
Target Point: $4,667 (upside target after breakout).
🔹 Strategy
📈 Look for buy entries inside the FVG zone ($4,283 – $4,353).
🎯 Target: $4,667
🛑 Stop-loss: Below $4,283 to protect capital.
⚡ Setup suggests a bullish continuation if the buying zone holds.
XAU/USD 4H – Strong Breakout from ConsolidationGold has broken out above its descending resistance line and is now trading at $3,447, reaching fresh highs. The breakout also cleared the key resistance at $3,409, turning it into immediate support.
📈 Price is well above the 200 EMA ($3,357), confirming strong bullish momentum.
📊 Indicators:
RSI (14): At 81, showing overbought conditions — momentum is strong, but a short-term pullback cannot be ruled out.
ADX (14): At 34, indicating a strengthening trend.
🔺 Bullish Scenario: As long as Gold holds above $3,409, continuation towards $3,460 and beyond remains likely.
🔻 Bearish Scenario: A rejection at current highs could trigger a retest of $3,409 or even the EMA zone near $3,357.
⚡ Momentum favors the bulls, but caution is warranted with RSI in overbought territory.
ETH/USD 4H – Losing Momentum at Key LevelsEthereum is struggling to hold above its ascending trendline after rejection from the $4,800–$4,880 resistance zone. Price is currently trading around $4,395, sitting just above support at $4,186 and $4,066.
📉 ETH has broken below its short-term uptrend while the 200 EMA ($4,184) now acts as a crucial support zone. A breakdown below this level could accelerate downside pressure.
📊 Indicators:
RSI (14): Around 42, showing bearish momentum with room for further downside before oversold levels.
ADX (14): At 26, indicating a weakening trend strength compared to previous moves.
🔻 Bearish Scenario: Failure to defend $4,184–$4,066 could open the door for deeper retracements.
🔺 Bullish Scenario: A reclaim of the descending trendline and $4,792 resistance would be the first sign of recovery.
⚡ ETH is at a decision point — support retest or deeper correction.
BTC/USD 4H – Testing Key SupportBitcoin continues its downtrend after rejection from the $120K zone, trading below the 200 EMA and respecting the descending trendline.
🔻 Price is currently hovering around $108.5K, with immediate support at $107.3K. A breakdown below this level could expose further downside towards $106K.
🔺 On the upside, resistance lies at $112K, aligning with the descending trendline and the 200 EMA — making it a critical level for bulls to reclaim.
📊 Indicators:
RSI (14): Hovering near 40, showing bearish momentum but nearing oversold territory.
ADX (14): At 31, suggesting the current downtrend still has strength.
⚡ Watch for either a bounce from support for a potential relief rally, or a breakdown continuation towards lower levels.
Bank Nifty Index 1 Hour ViewHourly Technical Summary (as of August 29, 2025, ~10:00 AM GMT)
Investing.com’s “Nifty Bank (NSEBANK)” technicals on the hourly chart show:
Overall Summary: Strong Sell
Moving Averages: 12 out of 12 (both Simple and Exponential across various periods) suggest Sell
Key Indicators:
RSI (14): ~25 – Sell
Stochastic oscillator: Overbought
MACD: Sell
ADX: Strong Sell (indicating trending weakness)
Other metrics (CCI, ROC, Bull/Bear Power) – mostly Sell
Pivot-levels (Hourly):
Classic:
S1: 53,713
Pivot: 53,783
R1: 53,839
Fibonacci: similar to above
Camarilla: tighter range around 53,783
How to Use This
Short-term traders might look to enter on bounces near the resistance end of the range with tight stop-loss, targeting support.
Breakout traders should watch if support breaks — could see accelerated decline — or if resistance is broken with volume, signaling possible reversal.
Risk management is key given mixed oscillator readings and macro volatility.
Do keep in mind:
These are technical snapshots as of August 29, 2025. If you're looking for real-time or updated levels, regularly check live tools like TradingView, Investing.com, or your trading platform.
Always blend technical levels with broader market context and risk tolerance before taking action.
High risk and reward buying opportunity in BTCBTC selling has gone slow and showing indication or reversal at both HTF H4 and LTF 15m. The may generate a good high risk and reward scenario.
Below are variables support it.
1. Almost a day long consolidation is going on. And BTC is moving in very small range at 4H support level.
2. 4H candles have made few rejection candles.
3. 15m trend line created a green box (fake out) scenario.
4. Price may hit 15m FVG or swing low just below FVG and more upside.
5. RSI has already developed divergence in 15m.
6. We may have another opportunity once price breaks next resistance and pulls back to breakout levels.
P.S. – This is just analysis not any recommendation for trade. Feel to comment and raise your query.
Role of Brokers and Sub-Brokers in IndiaIntroduction
The Indian financial market is one of the largest and fastest-growing markets in the world, supported by a strong regulatory framework, technological adoption, and rising investor participation. Stock exchanges like the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) are at the center of this growth, facilitating billions of trades every day. But ordinary investors cannot directly access these exchanges—there is an important intermediary system that bridges the gap between the investor and the stock market.
This intermediary system consists of stock brokers and sub-brokers, who play a pivotal role in connecting individuals and institutions to the securities market. Their functions go beyond simply buying and selling shares—they are responsible for advisory services, compliance, risk management, investor education, and ensuring fair trade execution.
In this article, we will explore in detail the role of brokers and sub-brokers in India, their regulatory framework, services, business models, challenges, and the evolving dynamics of brokerage in a digital-first economy.
Chapter 1: Understanding Brokers in India
1.1 Who is a Broker?
A stock broker is a market intermediary who is authorized to trade in securities on behalf of investors. Brokers are registered members of recognized stock exchanges like BSE, NSE, MCX, etc., and they execute buy/sell orders for clients in return for a commission or brokerage fee.
A broker can be:
Full-service broker: Offers a wide range of services including investment advice, research, portfolio management, and wealth management. Examples: ICICI Direct, Kotak Securities, HDFC Securities.
Discount broker: Focuses on low-cost trading with minimal services, leveraging technology to reduce costs. Examples: Zerodha, Upstox, Angel One, Groww.
1.2 Role of Brokers in the Indian Capital Market
The broker’s role is not limited to just order execution. Their responsibilities include:
Order Execution: Placing buy/sell orders for clients at the best possible prices.
Advisory Services: Guiding investors on market trends, stock recommendations, and investment strategies.
Research & Analysis: Providing technical, fundamental, and sectoral research reports.
Compliance & KYC: Ensuring client KYC, anti-money laundering (AML) checks, and regulatory compliance.
Risk Management: Monitoring margin requirements, exposure limits, and preventing defaults.
Investor Education: Conducting webinars, training, and knowledge sessions for retail investors.
Chapter 2: Understanding Sub-Brokers in India
2.1 Who is a Sub-Broker?
A sub-broker is an agent or franchisee who works under a registered broker to provide access to clients. Unlike brokers, sub-brokers are not direct members of the stock exchange. They act as local representatives of big brokerage houses, extending their services to smaller towns and cities.
For example: A small-town investor in Uttar Pradesh may trade via a sub-broker of ICICI Direct or Angel One, instead of directly connecting with the central brokerage.
2.2 Functions of Sub-Brokers
Client Acquisition: Bringing in new investors from local regions.
Client Servicing: Assisting clients with account opening, trade execution, and documentation.
Relationship Management: Maintaining trust and long-term relations with investors.
Education: Guiding first-time investors about markets and trading platforms.
Revenue Sharing: Earning a portion of brokerage generated by clients they onboard.
2.3 Sub-Broker vs Authorized Person (AP)
Earlier, SEBI recognized “sub-brokers” as intermediaries. However, since 2018, the concept of sub-brokers has been merged with the category of Authorized Persons (APs).
A sub-broker license is no longer issued.
New intermediaries now register as Authorized Persons under brokers, making the system simpler and more transparent.
Chapter 3: Regulatory Framework Governing Brokers and Sub-Brokers
3.1 SEBI Regulations
The Securities and Exchange Board of India (SEBI) regulates all brokers and sub-brokers in India. Key responsibilities include:
Registration of brokers and APs.
Setting capital adequacy requirements.
Ensuring fair practices and investor protection.
Monitoring brokerage charges.
Enforcing compliance, penalties, and suspensions when required.
3.2 Stock Exchanges’ Role
Exchanges like NSE and BSE maintain:
Membership eligibility criteria.
Trading and risk management systems.
Grievance redressal mechanisms for clients.
3.3 Compliance Requirements for Brokers
Net Worth Requirements: Minimum net worth for full-service and discount brokers.
Deposits: Security deposits with stock exchanges.
KYC Norms: Adherence to KYC and AML regulations.
Audit Reports: Submission of financial and compliance audits.
Chapter 4: Services Offered by Brokers and Sub-Brokers
4.1 Trading Facilities
Equity delivery & intraday trading.
Futures & options (F&O) derivatives trading.
Commodity trading (MCX, NCDEX).
Currency derivatives.
4.2 Investment Services
Mutual funds distribution.
IPO investments.
Bonds, debentures, and government securities.
Portfolio management services (PMS).
4.3 Research & Advisory
Technical charts, indicators, and patterns.
Fundamental analysis of companies.
Sectoral & macroeconomic research.
Personalized advisory for HNIs (High Net Worth Individuals).
4.4 Technology & Platforms
Modern brokers offer:
Mobile trading apps.
Algo-trading and APIs.
AI-based portfolio analysis.
Robo-advisory services.
Chapter 5: Business Models of Brokers and Sub-Brokers
5.1 Brokerage Fee Models
Percentage-based brokerage: Charged as % of transaction value (common in full-service brokers).
Flat-fee brokerage: Fixed fee per trade (popular with discount brokers like Zerodha, Groww).
5.2 Revenue Sharing Model with Sub-Brokers/APs
Sub-brokers earn a percentage (30–60%) of the brokerage generated by their clients.
Larger franchisees with bigger client bases get better revenue-sharing ratios.
5.3 Value-Added Services
Insurance distribution.
Wealth management.
Research subscriptions.
Chapter 6: Importance of Brokers and Sub-Brokers in India
Market Access: Enable lakhs of investors to trade without being direct members of exchanges.
Financial Inclusion: Expand capital market reach to tier-2 and tier-3 cities.
Liquidity Creation: More participants = higher market liquidity.
Investor Education: Teach first-time traders about risks and opportunities.
Compliance & Safety: Safeguard investors through regulated trading systems.
Chapter 7: Challenges Faced by Brokers and Sub-Brokers
Competition from Discount Brokers: Traditional brokers face pricing pressure.
Regulatory Burden: Constant compliance requirements increase costs.
Technological Upgradation: Need to invest heavily in digital platforms.
Client Defaults & Fraud: Risk of misuse of margin or client funds.
Thin Margins: Reduced brokerage rates have lowered profitability.
Chapter 8: Future of Brokers and Sub-Brokers in India
Shift to Technology: AI, machine learning, and algo-trading adoption.
Rise of Discount Brokers: Market share shifting to low-cost platforms like Zerodha & Groww.
Hybrid Model: Combination of advisory + low-cost execution.
Financial Inclusion: Deeper penetration in rural India through APs and digital platforms.
Global Integration: Indian brokers offering access to global equities, ETFs, and commodities.
Conclusion
Brokers and sub-brokers (or Authorized Persons) form the backbone of India’s stock market ecosystem. They democratize access to markets, educate investors, provide liquidity, and ensure regulatory compliance. Over the decades, their role has evolved from traditional floor-based trading to digital-first platforms, with a growing emphasis on low-cost execution, technology, and advisory services.
While discount brokers are reshaping the competitive landscape, full-service brokers and sub-brokers remain vital for personalized services, financial literacy, and expanding market reach. The future will likely see a convergence of technology, advisory, and financial inclusion, making brokers and sub-brokers even more crucial in India’s journey toward becoming a global financial powerhouse.
Types of Market ParticipantsIntroduction
Financial markets are vast ecosystems where millions of transactions take place daily, involving buyers, sellers, intermediaries, regulators, and institutions. Each participant plays a unique role, and together, they form the lifeblood of the global economy. Just like any well-functioning system, financial markets rely on a diverse group of actors whose motives range from profit-making, hedging risks, raising capital, or ensuring stability and liquidity.
In simple terms, market participants are all the individuals, institutions, and entities that engage in trading financial instruments—stocks, bonds, derivatives, currencies, commodities, and more. Their presence ensures that markets remain liquid, efficient, and capable of transmitting signals about economic health.
Understanding the types of market participants is essential for traders, investors, policymakers, and students of finance. Different participants bring different motivations and strategies: while some seek long-term value, others look for short-term profits; while some provide regulation and order, others bring in liquidity. This dynamic interaction creates both opportunities and risks in markets.
This article provides a comprehensive exploration of the various types of market participants, categorized based on their roles, objectives, and influence.
Broad Categories of Market Participants
Before diving deep, let’s break down the broad categories:
Individual Investors / Retail Participants
Institutional Investors
Market Intermediaries (Brokers, Dealers, Exchanges, etc.)
Hedgers and Arbitrageurs
Speculators and Traders
Regulators and Policymakers
Issuers (Corporates and Governments)
Foreign Investors and Global Participants
High-Frequency Traders and Algorithmic Players
Market Makers and Liquidity Providers
Now, let’s discuss each in detail.
1. Individual Investors (Retail Participants)
Retail investors are individuals investing their personal funds in financial markets. They usually trade smaller amounts compared to institutions, but collectively they represent a massive pool of capital.
Characteristics of Retail Investors:
Use their own money (not pooled funds).
Investment horizon varies (short-term, medium-term, long-term).
Motivated by wealth creation, savings growth, retirement planning.
Increasingly influenced by technology (mobile apps, online trading platforms).
Types of Retail Investors:
Active traders: Regularly buy and sell securities for quick gains.
Passive investors: Prefer long-term investments like index funds or mutual funds.
Speculative retail investors: Engage in options, futures, and cryptocurrencies.
Role in the Market:
Retail investors enhance liquidity, provide diversity of opinion, and influence sentiment-driven movements. However, they are often more vulnerable to volatility and herd behavior.
2. Institutional Investors
Institutional investors are large organizations that invest on behalf of others. They have access to substantial capital, advanced research, and professional expertise.
Types of Institutional Investors:
Mutual Funds: Pool money from many investors to invest in diversified portfolios.
Pension Funds: Manage retirement savings and invest for long-term returns.
Insurance Companies: Invest premiums collected from policyholders to earn returns.
Sovereign Wealth Funds (SWFs): State-owned funds that invest national reserves.
Endowments and Foundations: Manage funds for universities, NGOs, and charities.
Characteristics:
Hold significant influence over markets.
Long-term investment horizon, though some engage in active trading.
Often considered more stable than retail investors.
Role in the Market:
Institutional investors are stabilizers of financial markets due to their deep pockets and diversified holdings. However, their concentrated moves can create big shifts in asset prices.
3. Market Intermediaries
Market intermediaries are the connectors that facilitate transactions. Without them, buyers and sellers would struggle to find each other efficiently.
Types of Intermediaries:
Stockbrokers: Act as agents executing trades on behalf of clients.
Dealers: Trade securities for their own accounts and provide liquidity.
Exchanges: Platforms like NSE, BSE, NYSE, NASDAQ, which match buyers and sellers.
Clearinghouses: Ensure settlement of trades and manage counterparty risk.
Depositories: Safekeep securities in electronic form (e.g., NSDL, CDSL in India).
Investment Banks: Help companies raise capital via IPOs, debt issues, mergers, and acquisitions.
Role in the Market:
Intermediaries ensure market efficiency, transparency, and liquidity. They are essential in maintaining trust and smooth functioning.
4. Hedgers
Hedgers are participants who enter markets primarily to reduce risk exposure. They are not focused on profit-making from price changes but on safeguarding their core business or portfolio.
Examples:
A farmer using futures contracts to lock in crop prices.
An airline hedging against fuel price volatility.
An investor using options to protect a stock portfolio from downturns.
Role in the Market:
Hedgers bring stability by offsetting risks. Their activity increases demand for derivative instruments and makes markets more complete.
5. Speculators and Traders
Speculators take on risk in pursuit of profit. Unlike hedgers, they actively seek to benefit from price fluctuations.
Types of Traders:
Day Traders: Buy and sell securities within the same day.
Swing Traders: Hold positions for days/weeks to capture short-term trends.
Position Traders: Hold longer-term bets based on fundamental analysis.
Options/Futures Traders: Engage in derivatives for leverage and profit opportunities.
Role in the Market:
Speculators add liquidity and price discovery. They take risks that others (hedgers) want to avoid. However, excessive speculation can increase volatility.
6. Arbitrageurs
Arbitrageurs exploit price differences of the same asset in different markets.
Examples:
Buying a stock on NSE while simultaneously selling it on BSE if there’s a price gap.
Using currency arbitrage in Forex markets.
Exploiting futures-spot price differences.
Role in the Market:
Arbitrageurs eliminate pricing inefficiencies, keeping markets aligned and fair. They are critical to maintaining balance.
7. Regulators and Policymakers
Markets cannot function smoothly without oversight. Regulators set the rules, monitor activities, and prevent malpractice.
Examples:
SEBI (India): Securities and Exchange Board of India.
SEC (USA): Securities and Exchange Commission.
RBI (India): Regulates currency and banking markets.
CFTC (USA): Commodity Futures Trading Commission.
Roles of Regulators:
Protect investors.
Ensure transparency and fair play.
Prevent frauds, insider trading, and market manipulation.
Stabilize markets during crises.
8. Issuers (Corporates and Governments)
Issuers are entities that raise capital from markets by issuing securities.
Types:
Corporates: Issue equity (shares) or debt (bonds, debentures) to fund growth.
Governments: Issue bonds and treasury bills to finance expenditure.
Municipalities: Issue municipal bonds for infrastructure projects.
Role in the Market:
Issuers are the suppliers of investment products. Without them, there would be nothing to trade.
9. Foreign Investors and Global Participants
Globalization has turned local markets into international ones.
Types:
Foreign Institutional Investors (FIIs): Large funds investing in emerging markets.
Foreign Portfolio Investors (FPIs): Individuals or institutions buying foreign stocks/bonds.
Multinational Corporations: Investing cross-border for expansion.
Role:
Foreign investors bring in capital, liquidity, and global integration, but also add volatility when they withdraw funds during crises.
10. High-Frequency Traders (HFTs) and Algorithmic Participants
With technology, machines are now major participants.
Characteristics:
Use algorithms and superfast systems.
Trade thousands of times in milliseconds.
Seek to exploit micro-price differences.
Role:
HFTs improve liquidity and tighten bid-ask spreads but raise concerns about flash crashes and systemic risks.
Conclusion
The financial market is not just about numbers and charts—it is about participants with diverse objectives interacting to create opportunities, manage risks, and allocate resources. From retail investors saving for retirement to sovereign wealth funds shaping national strategies, from hedgers protecting against volatility to high-frequency traders running algorithms at lightning speed—each plays a vital role.
A proper understanding of types of market participants gives clarity about how markets work, why they move the way they do, and how risks and rewards are distributed. Just like a symphony requires different instruments, financial markets require this variety of participants to function harmoniously.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in ROHLTD
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Round Bottom Breakout in APOLLO
BUY TODAY SELL TOMORROW for 5%
Gold Awaits Fed Signals: Will 3,350 USD Determine the Next Move?Hi everyone, the gold market is currently at a very sensitive stage. Gold is trading around 3,345 USD, approaching the Fair Value Gap (FVG) between 3,340 – 3,350 USD, and it’s showing signs of consolidation within a narrow range. This phase is highly anticipatory of important news from the Fed and senior officials. So, where will gold head before and after these statements? Let’s break it down.
Gold is currently facing strong resistance at 3,350 USD, a key level that could confirm the next direction. The chart shows that the FVG between 3,340 – 3,350 USD is a region where gold might test again. If it breaks above this level, the chances of continuing the uptrend are very high. On the other hand, if it fails to break 3,350 USD, gold could pull back to test the 3,320 USD support level.
The current trading volume indicates that the bulls are gaining control. However, with significant news soon to be released from the Fed, statements from Jerome Powell and other FOMC members could be decisive factors, especially if there are further signals about potential rate cuts from the Fed. This would weaken the USD and fuel further upside for gold.
Gold Trend Prediction:
If gold breaks 3,350 USD, I expect it to continue rising, with the next target around 3,370 USD. However, if it fails to break this resistance level, gold might adjust back towards 3,320 USD or lower.
Let’s continue to monitor the market and prepare for upcoming trading opportunities!
XAU/USD – Gold Targets 3,440 USDHello traders, gold has successfully broken through the key resistance at 3,400 USD and is now approaching the 3,420 USD zone. A decisive move above this level could open the way toward 3,440 USD. On the downside, the 3,375–3,380 USD support range remains effective, helping the bullish structure to hold.
From the macro side, US Q2 GDP grew by 3.3%, beating forecasts and confirming a solid economic recovery. Yet, this also fuels inflation concerns, reinforcing gold’s safe-haven appeal. Additionally, the upcoming PCE data for August is expected to rise, limiting the chances of early Fed rate cuts, which continues to support gold prices.
What’s your view on this setup? Share your thoughts below.
ETHUSD Harmonic Pattern AnalysisPattern Analysis
• The chart identifies a possible harmonic pattern (likely a Bat or Gartley) with labeled points X, A, B, C, and a projected D.
• Crucial level noted at USD, referred to as “Eye of the Harmonic,” representing a significant support/resistance.
• The chart suggests, “Harmonic D can be Tested if pt B Breaks,” implying bearish potential if the price drops below point B.
• Current ETHUSD price is 4,336, with a recent decline of about 3.88%, and visible moving averages providing trend context.
Key Technical Points
• Swing trading setup: Uses harmonic pattern recognition for potential entry/exit decisions.
• Resistance & Support zones: Eye of the Harmonic ( USD) and potential future support region near projected point D ( USD).
• Indicators: The chart overlays zone levels, moving averages, and pattern ratios (e.g., 0.523, 0.785, 1.194, 1.419), which are standard in harmonic pattern calculations.
Potential Scenario
• If price breaks below point B, traders may target the level indicated by point D for possible support or reversal opportunities.
• The scenario implies caution for long positions until the price confirms support above crucial harmonic levels.
Bank Nifty spot 53655.65 by the Daily Chart view - Weekly updateBank Nifty spot 53655.65 by the Daily Chart view - Weekly update
- Support Zone 53150 to 53650 for Bank Nifty Index
- Rising Support Channel Breakdown might act as Resistance
- Resistance Zone earlier Support Zone at 54160 to 54660 for Bank Nifty Index
- Falling Resistance Trendline sustained by current Weekly closure below trendline
- 2 Minor Gap Down Openings done last week Thursday and Friday as a resistance closure
- Bank Index made a repeat Bearish Rounding Top pattern making fairly decent Resistance with the closure well below Resistance Zone
Gold Trading Strategy | August 29-30✅ On the daily chart, gold closed with a strong bullish candle, breaking out to the 3448 level and testing the previous high resistance zone at 3450–3470. The price is firmly above the upper Bollinger Band, indicating strong bullish momentum, but there are short-term overbought signals. The MACD lines have formed a golden cross with expanding histogram bars, confirming the bullish trend. However, the KDJ is overextended (K > 90), suggesting the risk of a short-term pullback.
Overall, the daily chart remains bullish, but with price approaching key resistance, a correction could occur at any time.
✅ On the 4-hour chart, the price has surged from 3311 and climbed all the way up to 3448. It is now trading outside the upper Bollinger Band, showing clear signs of overheating in the short term. While MACD momentum remains strong, there are early signs of topping out. A technical pullback is likely, with key support to watch at 3430–3415.
🔴 Resistance: 3450–3470
🟢 Support: 3430–3415
✅ Trading Strategy Reference:
🔰 Aggressive Strategy: If the price breaks above 3470 and holds, further upside could extend toward 3500 and beyond.
🔰 Conservative Strategy: If the price pulls back to 3430–3415 and holds, consider entering long positions with targets at 3460–3470. If 3415 fails, shift to a high-level short strategy.
🔥Trading Reminder: Trading strategies are time-sensitive, and market conditions can change rapidly. Please adjust your trading plan based on real-time market conditions🤝
ENDURANCE TECH LOOKS GREATThe stock has been forming an cup and handle pattern lately.
It has a good consolidation of more than one year , the fundamentals are flourishing as well making it a perfect pick for a quick gains
The 2987 level acts as a crucial resistance for the stock , upon breaching that the stock can give more than 40% returns
WTI Crude Oil Descending Triangle Pattern
WTI is forming a Descending Triangle pattern near recent support.
📊 Technicals : Flat base with lower highs compressing price action.
🔎 Key Levels: Breakdown below support 65 Leads To bearish continuation;
bounce above resistance 71 Leads To reversal setup.
⚠ Risk View: Energy fundamentals remain mixed — confirmation with volume is essential.
👉 Tactical takeaway: Wait for a breakout from the triangle before committing directionally.
Nifty 50 spot 24426.85 by the Daily Chart view - Weekly updateNifty 50 spot 24426.85 by the Daily Chart view - Weekly update
- Support Zone 23975 to 24225 of Nifty Index
- Gap Up Opening of 18-Aug-2025 has now closed
- Resistance Zone earlier Support Zone at 24450 to 24700 for Nifty Index
- Rising Support Channel Breakdown may act as Resistance for upside move
- Breakdown from Falling Resistance Trendline and Channel has strongly sustained
- Nifty Index made a repeat Bearish Rounding Top or Bearish Inverted Cup & Handle pattern by now Resistance Zone neckline with a closure below it
“HBL Engine: Cup Breakout Ignites Momentum”This chart showcases the daily price movements of HBL Engine, highlighting a classic Cup and Handle formation that transitions into a strong Flag Pattern breakout. The well-defined base formation and rapid price surge signal a shift in momentum, indicating potential for continued bullish trend as moving averages align in supp
GOLDHello & welcome to this analysis
Gold at COMEX has formed a bullish Harmonic Gartley pattern in 4hr time frame suggesting a reversal in trend.
As long as it sustains above $3295 it could give a bounce/rally till $ 3345 - 3370 - 3400 - 3450.
Gold at MCX appears to be ending its pullback but due to INR $ fluctuations a bullish Harmonic pattern has not formed. One could look for bullish trades as long as its above 97900 for upside levels of 99400 - 100000 - 101000 - 102500. Keep in mind levels could alter due to forex changes
Overall GOLD is strong and has an upside triangle breakout target of $3700 open as long as it is above $3250 (refer to my earlier view published on Gold in the link)
All the best