Elliott Wave Analysis – XAUUSD (Gold) | November 7, 2025 Momentum
D1 timeframe:
Daily momentum is turning upward, but just one more bullish candle will push it into the overbought zone. This suggests that the current upward move may not be sustainable, and a short-term correction could occur soon.
H4 timeframe:
H4 momentum is about to turn bullish from the oversold area. If this signal is confirmed, we can expect a short-term upward move. However, as the market is currently in a balanced state, even a small push from either buyers or sellers could shift momentum direction. Therefore, it’s better to observe carefully rather than act too early.
90M timeframe:
Momentum on the 90-minute chart is turning downward, indicating a possible short-term pullback before any further advance.
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Wave Structure
D1 timeframe:
The ongoing rise in momentum indicates that wave X is still unfolding, meaning the corrective phase is not yet complete.
H4 timeframe:
Wave X is currently forming. The liquidity zone at 4028 remains a key level to watch.
If the price breaks above this zone, the next target will likely be the upper liquidity zone at 4070.
On the H4 chart, the green level around 4007 represents the highest-volume area, currently acting as a strong resistance.
Combined with the H4 bullish momentum reversal, it shows buying pressure exists, but the resistance remains heavy, making the 4007–4028 region a key battleground.
We should wait for a clear breakout before confirming the next direction.
90M timeframe:
• A triangle-like structure seems to be forming, but it’s not yet complete, so confirmation is needed.
• Waves a and b appear finished; the market may now be forming wave c (black) or wave d (black).
• Since H4 momentum is turning bullish, if the price breaks above 4012, it will likely confirm wave c continuation.
• Conversely, if the price drops toward 3950, completing a three-wave WXY (blue) structure, we can consider it wave d instead.
Currently, wave c (black) is temporarily labeled since the structure already shows three subwaves completed.
Therefore, I expect a decline toward 3950, where we can look for a short-term buy setup.
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Trade Plan
• Buy Zone: 3952 – 3950
• Stoploss: 3935
• TP1: 3980
• TP2: 4000
X-indicator
This is a GBP/JPY (4H) setup This is a GBP/JPY (4H) setup — a bearish structure with two target points clearly marked below the current price.
🧭 Chart Breakdown:
The price has broken below the ascending trendline and the Ichimoku Cloud, showing bearish momentum.
The first target point is at a nearby support level, and the second is a deeper extension move.
🎯 Targets:
First target: around 174.60 – 174.70 zone
Second target: around 172.90 – 173.00 zone
🔍 Summary:
Trend: Bearish below 176.50
Targets:
TP1 → 174.60
TP2 → 172.90
Invalidation: Break back above 176.80 (re-entry into the cloud/trendline)
ASTRAL golden crossAstral golden cross, FVG, BUY for target with stoploss as shown in chart.
Astral Limited financial and key features:
Market Cap: ₹41,790 crore
Price to Earnings (P/E) Ratio: 82.0
Book Value: ₹141
Dividend Yield: 0.24%
Return on Capital Employed (ROCE): 19.7%
Return on Equity (ROE): 14.9%
Debt Level: Almost debt free with borrowings of about ₹30 crore as of 2024
Revenue: ₹6,017 crore (TTM)
Operating Profit: ₹963 crore with operating margin around 16%
Net Profit: ₹505 crore
Earnings Per Share (EPS): ₹18.96
Dividend Payout: Approximately 19.4%
Total Assets: Around ₹5,198 crore with net block growth indicating capacity expansion
Business Focus: Leading manufacturer of CPVC pipes, PVC pipes, plumbing products, adhesives, and sealants in India.
Growth: Strong sales growth over past years driven by product diversification and geographic expansion; 10-year sales CAGR ~15%, profit CAGR ~21%
Listed on NSE and BSE and part of indices like Nifty Midcap 150.
Astal stands out for its financial discipline, low debt, steady profitability, and strong market presence in the Indian plumbing solutions and building materials sector.
Gold Rejection at Resistance – Bearish Channel Targeting 3930📉 Analysis:
The chart shows a clear shift from an uptrend into a bearish correctional channel:
1. Uptrend Broken
Price previously followed a clean uptrend channel, making BOS (Break of Structure) swings upward.
A ChoCH (Change of Character) occurred, confirming momentum weakening.
2. Strong Resistance Zone
Price entered the 4018–4030 resistance level, marked as a weak high.
This zone acted as a reaction area, causing multiple rejections.
3. Bearish Channel Formation
After hitting resistance, price began forming lower highs and lower lows inside a falling channel.
The rejection line confirms sellers defending the zone.
4. Expected Bearish Leg
The projected path shows consolidation inside the channel followed by a sharp downward impulsive move.
Clean liquidity below supports the bearish scenario.
5. Targets
Major target: 3930
(Highlighted as the trader's target and matches channel support + demand zone.)
📌 Summary
Gold is rejecting the 4020–4030 resistance and forming a bearish channel. A continuation downward toward 3930 remains likely unless price breaks above the resistance with strong momentum.
CUB : 30-35% upside possible in near to mid termHi Friends,
CUB a great stock to hold now after 5 years of consolidation period. I am anticipating the stock to continue its upward journey after taking 5 years of time to gain energy .
Targets, Stoploss & Entry are mentioned in the chart . Please feel free to share your views regarding this chart & analysis .
Note : I am not a SEBI registered advisor . Please consider my analysis only for Education purpose .
Bank Nifty spot 57876.80 by Daily Chart view - Weekly updateBank Nifty spot 57876.80 by Daily Chart view - Weekly update
- Support Zone 56950 to 57350 for Bank Nifty
- Resistance Zone 57800 to 58230 then at ATH 58577.50
- Bank Nifty sustaining between Support and Resistance Zones over 2 weeks
- Bullish Rounding Bottom still in active mode against the weak sentiments in general
WTI Crude Oil Analysis
WTI is consolidating near $60.00 after recovering from $58.80, forming a short-term ascending structure. However, price is now testing resistance from a descending trendline, with upside capped around $60.20–$60.50. Momentum is mildly bullish but showing mixed signals.
📌 Outlook • Upside: A sustained break above $60.50 could push price toward $61.30. A close above this zone would confirm bullish continuation.
• Downside: Support sits near $59.60. A break below targets $58.98–$58.80. A close under $58.80 signals renewed bearish pressure.
📈 Trend Neutral-to-mildly bullish above support, but capped by descending trendline resistance. Reaction at $60.50–$61.30 is crucial.
🎯 Strategy • Buy dips at $59.60–$58.98, stop below $58.80, targets $60.50 & $61.30.
• Consider short setups if price rejects $60.50–$61.00.
🔑 Key Levels • R2: $61.30
• R1: $60.50
• S1: $59.60
• S2: $58.98
Silver (XAGUSD) AnalysisSilver (XAGUSD) Analysis
Silver is trading near the top of its recent consolidation zone after rebounding from the 47.06–47.80 support area. Price is currently testing resistance at 48.90, aligned with a horizontal barrier and the upper Bollinger Band. While the short-term trend remains bullish, momentum is slowing near this resistance.
📌 Outlook • Upside: A sustained break above 48.90 could drive price toward 49.40. A breakout above 49.40 would confirm bullish continuation toward higher zones. • Downside: Initial support sits at 48.30–48.32 near the rising trendline. A break below could send price toward 47.83, then 47.06. A close under 47.06 turns the short-term bias bearish.
📈 Trend Short-term bullish, supported by higher lows and a rising trendline. Price action around 48.90–49.40 is key — rejection may trigger a corrective pullback.
🎯 Strategy • Buy-the-dip: Long entries near 48.30–47.80 with stops below 47.00, targeting 48.90 and 49.40.
• Aggressive shorts: Watch for rejection patterns near 48.90, targeting 48.30 and 47.80.
🔑 Key Levels • R2: 49.40
• R1: 48.90
• S1: 48.32
• S2: 47.83
Bullish on ASAHIINDIAASAHIINDIA had a brief and sudden correction 2 days ago due to the Quarterly profit not being in line with expectations.
However, today, the stock has recovered from the fall and is trading positively at the high of the day.
This indicates that sentiment is Bullish and this would be a good price to go long on a swing basis.
The higher time frames RSI also indicates bullishness with Monthly RSI & Weekly RSI being above 60 and the Daily RSI being above 50. Again, a good sign of momentum.
This weeks low can be considered as a stop for a Target to 1032 and then trail the stop thereafter. The stock is making new highs.
P.S. Not a recommendation. Please do your own due diligence.
LTF Breaking Out of Consolidation and ascending triangleNSE:LTF : Breaking Out of Consolidation and ascending triangle with heavy volumes today - Is This the Next Big NBFC Move?
Price Action Analysis:
• Base Formation: Clear sideways movement between ₹160-172 levels
• Breakout Confirmation: Recent breach above ₹172 resistance with volume expansion
• Trendline Break: White descending trendline from December highs decisively broken
• Market Structure: Shift from the consolidation phase to the potential trend resumption
• Time Frame: A six-month base provides a strong foundation for sustained movement
Volume Analysis:
• Current Volume: 5.57M against 20-day average of 15.94M
• Volume Pattern: Accumulation visible during the base formation period
• Support Tests: Volume spikes coinciding with successful ₹160-164 support tests
• Breakout Volume: Adequate but not exceptional - requires monitoring for follow-through
• Distribution Signs: No significant selling pressure visible during consolidation
Key Support & Resistance Levels:
Support Levels:
• Immediate Support: ₹172 (new floor post-breakout)
• Secondary Support: ₹168 (previous resistance turned support)
• Major Support: ₹160-164 (primary consolidation base)
• Critical Support: ₹155 (breakdown level)
Resistance Levels:
• Immediate Resistance: ₹190-195 (measured move target)
• Next Resistance: ₹205-210 (psychological and technical zone)
• Long-term Target: ₹220-225 (extension target)
Trade Setup:
Entry Strategy:
• Aggressive Entry: Current levels ₹183-184 for momentum traders
• Conservative Entry: ₹175-177 on pullback to breakout zone
• DCA Approach: Scale in between ₹175-185 levels
Exit Strategy:
• Target 1: ₹192 (measured move from rectangle pattern)
• Target 2: ₹205-210 (next significant resistance)
• Target 3: ₹220+ (extension target for long-term holders)
Stop Loss:
• Closing Basis: Below ₹170
• Intraday Basis: Below ₹168
• Risk Percentage: 7-8% from current levels
Position Sizing & Risk Management:
Position Sizing:
• Conservative: 1% portfolio risk
• Moderate: 1.5% portfolio risk
• Aggressive: 2% portfolio risk (maximum recommended)
Risk Management:
• Stop Loss Discipline: Strict adherence to ₹170 closing stop
• Position Scaling: Reduce position if breaks ₹175 intraday
• Profit Booking: Book 30% at ₹192, 40% at ₹205
• Trailing Stop: Implement above ₹195 levels
Sectoral Backdrop:
NBFC Sector Positives:
• Credit Growth: NBFC credit growth outpacing bank credit
• Market Share: Gaining share in retail and SME segments
• Asset Quality: Improving collection efficiency post-COVID
• Regulatory Support: Favourable policy environment
Sector Trends:
• Digital Lending: Increased adoption of technology platforms
• Rural Focus: Growing emphasis on semi-urban and rural markets
• Partnership Models: Collaborations with fintech companies
Fundamental Backdrop:
Company Strengths:
• Group Support: Strong L&T Group parentage and backing
• Diversified Portfolio: Exposure across infrastructure and retail segments
• Quality Borrowers: Access to L&T Group ecosystem clients
• Management Quality: Experienced leadership team
Recent Developments:
• Asset Quality: Improving NPA ratios
• Profitability: Better margins and ROE metrics
• Growth Strategy: Focus on profitable growth segments
Risk Factors:
Technical Risks:
• False Breakout: Possibility of returning to the consolidation range
• Volume Confirmation: Need for sustained volume support
• Market Correlation: High beta to financial sector performance
Fundamental Risks:
• Interest Rate Risk: Rising rates impacting lending margins
• Credit Quality: Potential stress in the retail lending portfolio
• Economic Slowdown: Impact on borrower repayment capacity
• Regulatory Changes: Policy shifts affecting NBFC operations
Market Risks:
• Sector Rotation: Money moving away from financial stocks
• Liquidity Concerns: Tightening of wholesale funding markets
• Competition: Increased competition from banks and fintech
My Take:
The technical setup suggests accumulation phase completion with potential for a significant move higher. Follow the Strict Trade Plan as Explained Above.
Keep in the Watchlist.
NO RECO. For Buy/Sell.
📌Thank you for exploring my idea! I hope you found it valuable.
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✍️COMMENT below with your views.
Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback.
Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Nifty view for November 2025.In this video, we analyze the technical and market indicators pointing to a strong rally in the Nifty index over the coming weeks. With bullish momentum building, investors can expect fresh upside levels and potential breakout zones. Stay tuned for key support and resistance levels, expert insights, and strategic outlooks to navigate this exciting phase in the market.
The market is witnessing a surge in buyer confidence, marked by smart accumulation and well-timed entries. Rather than chasing momentum blindly, participants are deploying intellectual strategies—identifying key support zones, rotating sectors, and capitalizing on dips. This disciplined approach reflects a mature bullish sentiment, suggesting that the rally is being built on solid footing rather than speculation. With volume backing the moves and broader participation increasing, the bulls appear to be in control, setting the stage for potential upside breakouts in the coming sessions.
The views and opinions expressed in this video are for educational and informational purposes only. I am not a SEBI-registered investment advisor, and this content does not constitute financial advice or recommendations. Viewers are strongly encouraged to consult with a certified financial advisor before making any investment decisions. Market investments are subject to risks, and past performance is not indicative of future results.
CDSL Breakout from Falling Wedge – Can It Rally to 1830+?CDSL has recently broken out from a classic falling wedge pattern, a bullish technical setup that often signals a trend reversal or continuation of the broader uptrend. After months of being compressed between a descending resistance and a well-established support line, the stock has now pierced through the upper resistance zone with notable bullish momentum.
The wedge had formed over several months, creating lower highs and relatively equal or slightly rising lows. The pattern was further supported by a confluence with the 200 EMA, which acted as a critical dynamic support near the breakout zone. This alignment of technical indicators added strength to the breakout confirmation seen recently.
With this breakout, CDSL has now opened doors for higher targets. The immediate Target 1 is set at ₹1650, which also aligns with a recent horizontal resistance zone. Once this is breached, the next move could extend toward Target 2 at ₹1750, a level where previous price action has shown hesitation. If momentum continues to build and the broader market supports the move, the final projected target of ₹1830+ becomes achievable in the short to medium term.
However, it’s crucial to note that the support zone below ₹1480 is acting as a critical invalidation point for this bullish setup. Any strong breakdown below this zone, especially with volume, would fail the bullish structure and may push the stock back into consolidation or a deeper correction. Traders must also watch the red dotted trendline, which represents a former resistance turned possible retest zone.
Overall, the technical landscape is now favoring the bulls, especially after the breakout confirmation and support from the 200 EMA. Traders and investors should monitor price action near the projected levels and manage risk accordingly, while riding the momentum above the wedge resistance.
Bank nifty long term viewold idea posted 1 year ago and extended the analysis ...market still struggling for upside... need a major support otherwise it'll go back to the dump. last time when BN cracked after posting the old idea it was somewhere around 10%. if you look at the 6 jan 2025 it was cracked 5% in a week and it also broken lower line of the parallel channel after that you know it reached 48k made double bottom there and pumped up to go back in the old parallel channel. this channel contains all since 2020 except that double bottom. still BN trying to stay in that. let's see what happens. NSE:BANKNIFTY
Bank Nifty – Double Top Pattern Analysis📉 Bank Nifty – Double Top Breakdown: Initiate Sell Signal
The chart confirms a Double Top pattern on Bank Nifty, signaling a bearish reversal from the recent highs near ₹58,550. Both peaks faced strong rejection at this resistance, reflecting weakening bullish momentum.
🔹 Sell Signal Trigger:
Initiate short positions once Bank Nifty breaks and closes below ₹57,480 (neckline support).
This breakdown confirms pattern completion and potential start of a downward move.
📊 Trade Setup
Stop Loss: ₹58,550 (above recent highs / resistance)
Target : ₹56,370
🧭 Technical Rationale
Pattern: Double Top – Bearish reversal confirmation
Structure: Two failed attempts to cross ₹58,550 indicate selling dominance.
Momentum: Weakening buying strength visible; a neckline breakdown often triggers a short-term trend reversal.
Volume Confirmation: Look for increased selling volume on the breakdown to validate the move.
⚠️ Disclaimer
This analysis is purely for educational purposes and not a recommendation to buy or sell.
Trading involves substantial risk — always conduct your own research or consult a financial advisor before taking any trade.
Tatva Chintan #Screener — Trend Reversal Before The CrowdTatva Chintan – Major Trendline #Breakout After Long Downtrend 📈🔥
Tatva Chintan Pharma has broken a multi-year falling trendline, ending a prolonged downtrend phase since 2021.
This breakout is backed by strong price momentum + volume expansion, indicating accumulation and potential reversal into a long-term uptrend.
📌 Breakout Zone: ~₹1350 – ₹1400
📌 Current Price: ~₹1467
📌 Structure: Breakout + retest + continuation
📌 Momentum: Trading above 50 & 200 EMA on weekly 👌
Key Levels
Immediate Resistance:
₹1468 (current zone)
₹1594
Support Zones
₹1395
₹1343
₹1311 (major retest zone)
As long as price sustains above ₹1310-1340 range, bullish structure remains intact ✅
Why This Breakout Matters
✅ Multi-year trendline breach
✅ Higher-lows forming since 2024 bottom
✅ Strong accumulation volume
✅ Pharma sector strength visible
✅ Potential trend reversal from long accumulation base
This kind of pattern often leads to multi-month swing opportunities if trend sustains.
View
Bias remains bullish until structure breaks.
Watching for follow-through above ₹1500 zone for extended upside.
📒 Educational chart analysis — not investment advice.
Inverse head and shoulder formed in reddington1. Inverse head and shoulder formation on Support levels showing buyers will take control from here
2. With minimum downside one can watch for long upside movement shown as target zone on charts
3. The strong movement has shown after result which tells us if movement continues then target may come soon
4. SL is strict as if move fails then not giving chance to get trapped
[INTRADAY] #BANKNIFTY PE & CE Levels(07/11/2025)Bank Nifty is expected to open slightly gap down near the 57,450–57,500 zone, indicating mild bearish sentiment after failing to hold higher levels in the previous session. The index remains under short-term pressure but is approaching an important support area where a reversal attempt could emerge.
If Bank Nifty manages to sustain above 57,550–57,600, a short-covering move can lift prices toward 57,750, 57,850, and 57,950+ levels. A breakout above 57,950 will further confirm bullish reversal momentum.
However, if the index slips below 57,450, it may trigger fresh weakness toward 57,250, 57,150, and 57,050, where buyers may try to defend the zone again.
Overall, with a slightly gap down opening, the market sentiment remains neutral-to-weak, but watch for a potential reversal near the 57,450–57,500 support area. Traders should avoid early trades and wait for directional confirmation above 57,600 or below 57,450 before taking new positions, keeping tight stop losses in this consolidation range.
XAUUSD – Consolidation Before Drop**Gold (XAUUSD) – Consolidation Before Potential Downside Move**
Gold continues to hover in a consolidation range after the recent breakout and structural shift on the 3H chart. The bullish momentum that previously dominated has now slowed, indicating a possible distribution phase forming near the $4,050–$4,100 zone.
The market structure shows repeated rejections at the upper boundary, suggesting that buyers are losing strength. With BOS (Break of Structure) confirmations in the recent candles and a clear lack of higher highs, a potential downside continuation could unfold once the current range is broken.
If sellers take control below $3,978, the next liquidity targets lie around **$3,886** and possibly **$3,614**. This scenario aligns with the broader retracement expectation after a strong prior uptrend.
However, a confirmed breakout above the consolidation area would shift the short-term bias back to bullish, with upside potential toward **$4,248** and beyond.
**Market Outlook:** Neutral → Bearish
**Bias:** Short-term corrective move expected
**Key Levels:**
* Resistance: $4,050 – $4,100
* Support: $3,886 – $3,614
**Tags:** #Gold #XAUUSD #GoldAnalysis #XAUUSDforecast #GoldPricePrediction #GoldTrading #GoldMarket #Commodities #TradingViewIdeas






















