Gold Breaks Above $4000, Bulls Take Control for $4100.Dollar Index Meets Resistance at 100.35 near 50 Week EMA
.ADP and ISM Non-Manufacturing data improved sentiments.
.Fed signals dovish tilt in monetary policy shift.
.Mid east tensions and global concerns on economic growth support safe haven demand.
.Gold gains strong momentum on breakout above $4000 psychological zone.
What's Going on in Gold?
After historical one sided bullish rally in Gold the technical indicators were extremely overbought with Monthly RSI reading above 92 screaming for a healthy price correction long overdue and the metal price has witnessed almost $500 correction since then, from $4380 down to $3886 which is very close, just $40 away from 50% Fibonacci retracement zone of $3846
The recent few weeks have witnessed dramatic volatility surge and several unseen records like a $300 intraday drop from the record high and wild swings like a giant roller-coaster.
The recent downward spike that dragged Gold prices to $3929 has attracted buyers once again leading to strong breakout above the psychological mark of $4000 reaching $4017 which is lower boundary of immediate resistance bracket $4017-$4028
What's Likely Scenario Ahead for Bulls?
This $4017-$4028 zone is significant as solid demand accumulation above this zone will extend rebound towards next resistance cluster of $4060-$4085 above which $4100 sits as next critical resistance.
If macro factors align together in favour of safe haven demand for Gold with consolidated break above $4100, the probability for bullish rebound extending further would increase with potential upside reaching $4130 followed by $4190 in near term.
Will the Bullish Rally Pause at $4200?
The probability of current rebound extending or pausing is purely subject to price reaction to key price levels aligned with Fibonacci retracements.
As of now considering the strong breakout above $4000 psychological mark and current consolidation above $4010, a strong push above $4018-$4020 will extend move to $4028-$4035-$4045 while next effective resistance areas are $4060 and $4085 with major hurdle $4100 which may act as supply zone.
If the rally has to pause, price action needs to be monitored at $4060 and $4085-$4100 for signs of rejection and momentum exhaustion.
If price resistance shows rejection on the critical areas, a sell off may be witnessed towards $4000-$3975
Short Term Outlook:
The breakout and price consolidation above $4000 is supportive for a short term bullish rebound which initially targets $4030-$4045-$4060 followed by $4085-$4100
Any pullback towards $3975-$3965 is likely to attract buyers on dips.
X-indicator
DMART LONGDMART (Avenue Supermarts) has reached a strong trend support level. Additionally, in the daily timeframe, the current candle closed at the previous day's candle level.
Therefore, we can go long in DMART for a swing trade. Fundamentally, the quarterly results are already out, so there is no immediate issue regarding upcoming events.
Go long on DMART, but make sure to manage your trade quantity, risk, and reward based on your risk appetite. This is for educational purposes only and does not guarantee returns.
Chart Analysis: XRP / USDT (Daily Timeframe)Pattern: Demand Zone Rebound (Bullish Recovery Setup)
The chart shows XRP bouncing from a strong demand zone, signaling a potential short-term reversal after recent selling pressure. The price action suggests that buyers are gradually regaining control, with momentum shifting upward toward key resistance levels.
Key Observations
🔹 Demand Zone: Around $2.10 – $2.20, acting as strong accumulation support where buyers previously stepped in.
🔹 Immediate Resistance: Supply zone near $2.90 – $3.00, expected to be the next major barrier.
🔹 Targets:
🎯 Target 1: $2.52 — first resistance test after bounce.
🎯 Target 2: $2.72 — extension move toward supply zone.
🔹 Bull Bear Power (BBP): Currently improving from the negative region (-0.11), suggesting weakening bearish strength and a potential bullish transition.
🔹 Structure: Price forming higher lows after a deep retracement, indicating renewed accumulation and possible trend reversal setup.
Potential Move
If XRP sustains above $2.20, bullish momentum could drive a move toward the $2.50 – $2.70 range.
Failure to hold this demand zone, however, may trigger a retest toward $2.00 support.
Summary:
XRP is showing early signs of a bullish reversal from a major demand zone. Momentum indicators hint at a possible shift toward the upside, with targets near $2.52 and $2.72 if buyers maintain control.
#coinpediamarkets #XRP #Ripple #XRPUSDT #CryptoAnalysis #TechnicalAnalysis #CryptoTraders #CryptoMarket
Mahindra & Mahindra's Inverse Head & Shoulders BreakoutMahindra & Mahindra's Inverse Head & Shoulders Breakout Signals Bullish Momentum with RSI Above 70
Mahindra & Mahindra Ltd. (M&M), currently trading around ₹3,648, is exhibiting a classic inverse head and shoulders pattern on its hourly chart—a bullish reversal setup that often precedes upward price movement. Coupled with a Relative Strength Index (RSI) reading above 70, the stock is showing signs of strong momentum, though traders must tread with technical precision.
With the inverse head and shoulders pattern completing and RSI above 70, Mahindra & Mahindra is technically poised for a bullish move. Traders should monitor price action closely, use disciplined stop-losses, and avoid over-leveraging. This setup favors momentum traders and short-term swing positions, especially if volume confirms the breakout.
Swing Buy Plan Above 749 (Resistance Breakout) HDFCLIFEChart Structures:
Double Bottom in Demand Zone (near 729–736) provides a strong support base and bullish reversal signal.
Neck Line (Supply/Resistance at 749): Watch for high volume and price action to trigger the trade.
Trade Entry:
Buy only above 749—confirm a breakout with a strong bullish candle.
Targets:
First Target: 764.15 (Initial Resistance for breakout, T1)
Second Target: 780.85 (Primary Swing Target, T2)
Stoploss:
729 (Below demand zone and recent swing low)
Support Zone:
736.15 (Can be used for partial profit booking for conservative trades)
Action Points for Traders
Wait for Breakout: Don't enter until price closes above 749 with confirmation (volume, bullish candle).
Monitor Retest: If price moves above 749, watch for a retest and hold above this level before increasing position.
Risk Management: Use 729 as stoploss to guard against false breakouts.
Disclaimer: lnkd.in
Bulls coming in on the Nifty50 indexHello,
Since June 27th, 2025, the Nifty 50 index has been undergoing a correction phase, reflecting a temporary pause in the market's strong upward trend. Recent market data, however, indicates that this corrective phase is likely behind us, paving the way for renewed bullish momentum. This development offers a timely opportunity for investors to consider entering the market.
The correction served as a healthy consolidation, allowing for the market to digest previous gains and set a firmer foundation for the next upward move. The index has stabilized at attractive levels, making the current price point an excellent entry for risk-averse investors seeking upside potential with a favorable risk-reward balance.
Our technical analysis suggests that the Nifty 50 is poised to advance toward and potentially exceed the 27,000 mark in the near term.
Good luck & happy investing
Gold (XAUUSD) Technical AnalysisGold (XAUUSD)🟡
Timeframe: 1H
Current Price: $3,989
Market Overview:
Gold prices are consolidating near the $3,985–$3,990 zone after recovering from recent lows. The metal maintains bullish momentum supported by strong price action above short-term moving averages, with buyers regaining control amid stable US Dollar movement.
Indicator Analysis:
1. EMA (Exponential Moving Average):
The price is currently trading above the 21-EMA and 50-EMA, indicating a short-term bullish bias.
As long as Gold holds above the 21-EMA ($3,982), momentum remains favorable for buyers.
2. VWAP (Volume Weighted Average Price):
Price is above VWAP, suggesting active buying pressure and potential continuation toward the next resistance zones.
The VWAP band support sits around $3,977, acting as a key intraday cushion.
3. Bollinger/VWAP Bands:
Price is testing the upper VWAP band, showing possible short-term resistance but overall strength in the trend.
Any pullback toward mid-band levels ($3,975–$3,980) could attract new buying interest.
Key Levels:
Immediate Resistance: $4,000 / $4,015
Major Resistance: $4,035 / $4,050
Immediate Support: $3,980 / $3,972
Major Support: $3,965 / $3,950
Technical Bias:
Bullish above: $3,980
Neutral zone: $3,970–$3,980
Bearish below: $3,965
Outlook:
Gold remains in a short-term uptrend, with momentum favoring further upside as long as it holds above $3,980. A clean breakout above $4,000 could open room toward $4,015–$4,035. Conversely, a drop below $3,970 would signal weakening momentum, potentially retesting the $3,950 zone.
INDUS TOWER : LongChart Type: Weekly (each candle = 1 week)
Indicators: 20 EMA + RSI (Relative Strength Index)
Pattern Highlighted: Bullish Engulfing near support
Volume: Rising on the bullish candle
Price Action Zone: From ₹320–₹460 range
Support Zone: Around ₹320–₹330
This zone acted as a base multiple times — buyers consistently defended it. A strong bullish engulfing pattern formed at the support, followed by a high-volume breakout above the 20 EMA.
This pattern often signals reversal from downtrend to uptrend.
Price has reclaimed the 20 EMA after several weeks below it — a short-term bullish sign. RSI rebounded from near 40 levels and is now rising toward 60 — confirms improving momentum.
Resistance Levels:
First resistance: ₹430–₹435
Second resistance / target zone: ₹460
🟩 Trading Plan
Entry: Aggressive entry: Near ₹395–₹400 (current level after bullish confirmation).
Conservative entry: On a retest of ₹370–₹380 (if price pulls back to 20 EMA).
Confirm entry on a weekly close above ₹400 with sustained volume.
Stop Loss (SL):
Place SL below ₹340 (below bullish engulfing low and support zone).
Risk per trade ≈ ₹60 (400–340).
Take Profit (Targets):
Target 1: ₹430 → Partial profit booking zone (~8% gain).
Target 2: ₹460 → Previous swing high / full target (~15% gain).
Extended target (if momentum strong): ₹500+ (psychological level).
Risk–Reward Ratio:
Entry ₹395–₹400
Stop Loss ₹340
Target 1 ₹430 → 1:0.6
Target 2 ₹460 → 1:1.3
Good setup for swing trade with clear technical confluence.
Elliott Wave Analysis XAUUSD – November 6, 2025🔹 Momentum
D1 timeframe:
The D1 momentum is now closing in, signaling a possible transition phase with two potential outcomes:
• If today’s D1 candle closes bullish (green): momentum is likely to reverse upward, suggesting a short-term bullish correction.
• If today’s candle closes bearish (red): the downtrend may continue.
The current momentum behavior is unusual, reflecting market indecision between buyers and sellers after a strong decline. As a result, even a small impulse from either side could cause a quick momentum shift.
H4 timeframe:
Momentum on H4 is still in a downward phase but already showing early signs of closing and potential bullish reversal.
• If the current H4 candle closes bearish, the downtrend may extend.
• If it closes bullish and momentum turns upward, price could retest the 4028 zone.
H1 timeframe:
Momentum on H1 is now entering the oversold area, indicating that a reversal could occur within 1–2 more H1 candles.
If momentum turns down again from resistance, this could offer an opportunity for a short-term sell (scalp) around the nearest liquidity zone.
________________________________________
🔹 Wave Structure
D1 timeframe:
As discussed in previous plans, the current structure still forms a W–X–Y correction in yellow, representing wave (4) of the larger cycle.
• The W wave has already reached the 0.382 retracement of wave (3) yellow — which often marks the typical end zone of wave 4.
• Therefore, the following X and Y waves may take longer to complete to maintain time balance within wave (4).
Meanwhile, the X wave (purple) remains relatively shallow, having retraced only about 0.236 of wave W (purple). Combined with the still-uncertain momentum discussed above, a potential rise toward the 4149 zone remains a realistic scenario.
However, if today’s D1 candle closes bearish, price could continue lower to complete wave Y (purple).
Given the current structure favors time balance rather than depth, this Y wave may unfold sideways rather than deeply downward.
At this stage, price is compressed within a narrow range, reflecting market hesitation. It’s best to wait for major catalysts such as the Nonfarm Payrolls report, which could trigger the next decisive move.
________________________________________
H4 timeframe:
The current X wave is developing within a narrow range under the form of a contracting triangle (a–b–c–d–e).
A triangle can only be confirmed once all five internal legs are completed.
Once that happens, a breakout above or below the triangle boundaries will define the next direction.
👉 For now, observation should be prioritized over action.
________________________________________
H1 timeframe:
Wave labeling on H1 is somewhat noisy due to overlapping three-wave structures within a tightening range.
Tentatively, the labeling shows a W–X–Y correction in green, where wave X appears to be a triangle formation.
A final small drop forming wave e could complete this triangle (wave X in green). Once it’s done, a new Y wave in green may start unfolding upward.
________________________________________
🔹 Summary
At present, the market remains noisy and compressed, making it unsuitable for swing entries.
• Avoid swing positions until the structure and momentum become clearer.
• Focus only on short-term scalp setups around key liquidity zones identified earlier.
• Wait for confirmation of direction and structure before committing to larger trades.
NIFTY KEY LEVELS FOR 06.11.2025NIFTY KEY LEVELS FOR 06.11.2025
Timeframe: 3 Minutes
If the candle stays above the pivot point, it is considered a bullish bias; if it remains below, it indicates a bearish bias. Price may reverse near Resistance 1 or Support 1. If it moves further, the next potential reversal zone is near Resistance 2 or Support 2. If these levels are also broken, we can expect the trend.
When a support or resistance level is broken, it often reverses its role; a broken resistance becomes the new support, and a broken support becomes the new resistance.
If the range(R2-S2) is narrow, the market may become volatile or trend strongly. If the range is wide, the market is more likely to remain sideways
please like and share my idea if you find it helpful
📢 Disclaimer
I am not a SEBI-registered financial adviser.
The information, views, and ideas shared here are purely for educational and informational purposes only. They are not intended as investment advice or a recommendation to buy, sell, or hold any financial instruments.
Please consult with your SEBI-registered financial advisor before making any trading or investment decisions.
Trading and investing in the stock market involves risk, and you should do your own research and analysis. You are solely responsible for any decisions made based on this research.
Bank Nifty Breakdown – Rising Wedge Breakdown Hints sellingBank Nifty has recently shown a significant technical development that could mark a short-term reversal: a breakdown from a rising wedge pattern below its support trendline. The rising wedge is generally a bearish reversal pattern when occurring after an uptrend, and in this case, the structure has played out with textbook precision.
Initially, Bank Nifty attempted to break above the resistance zone around 58,200–58,400, but it failed to sustain the move. This fake breakout, often referred to as a bull trap, is a strong bearish signal—especially when followed by a clean breakdown of the support line, as seen near the 57,800 level. The price has now convincingly moved below this support zone, confirming a potential trend reversal.
The pattern's height, which represents the distance between the highest swing high and lowest swing low within the wedge, has been used to project the downside targets. According to this breakdown setup, the following bearish targets are now in play:
Target 1: 57,550
Target 2: 57,050
Projected Final Target: 56,650
These targets are marked clearly on the chart and represent areas where price action may find temporary support or experience short-covering bounces. However, unless Bank Nifty reclaims the upper wedge zone and invalidates the breakdown, the path of least resistance remains downward.
What makes this move even more credible is the series of lower highs formed under resistance, showing consistent selling pressure. Simultaneously, the failed breakout has likely triggered stop losses of aggressive long positions, adding to the downward momentum.
Traders should now watch for confirmation of this breakdown with volume and follow-through candles. Any bounce back to the 57,800–58,000 zone should be approached with caution, as it may act as a fresh supply zone unless strongly reclaimed.
#NIFTY Intraday Support and Resistance Levels - 06/11/2025Nifty is expected to open with a gap up near the 25,750 zone, showing early signs of recovery after a recent decline. The opening above the immediate resistance area indicates potential buying interest, but sustained momentum will be key to confirming a reversal.
If Nifty holds above 25,750–25,780, it may extend its move toward 25,850, 25,900, and 25,950+. A breakout above 25,950 could trigger further upside toward 26,000–26,050, strengthening the short-term bullish bias.
On the downside, initial support lies near 25,700–25,650. A failure to sustain above this zone could lead to renewed selling pressure toward 25,600, 25,550, and 25,500, which remains a crucial support level for the day.
Overall, with a gap up opening near 25,750, sentiment is expected to remain mildly positive as long as the index sustains above 25,700. Traders should monitor price action near the 25,900 zone for potential resistance and use a trailing stop loss to protect profits in case of volatility.
[INTRADAY] #BANKNIFTY PE & CE Levels(06/11/2025)Bank Nifty is expected to open slightly gap up near the 57,850–57,900 zone, indicating mild positive sentiment after a period of consolidation. The index has been trading in a tight range for the past few sessions, and a decisive breakout is likely to set the next short-term trend.
If Bank Nifty sustains above 57,900–58,000, it may attempt a move toward 58,100, 58,250, and 58,350+ levels. A breakout above 58,450 will further strengthen bullish momentum, opening the path toward 58,600–58,750.
On the downside, immediate support is placed at 57,750–57,700. A fall below this zone could invite selling pressure, dragging the index toward 57,550, 57,450, and 57,250, while a further decline below 57,050 may extend the weakness.
Overall, with a slightly gap up opening, the index is expected to stay range-bound between 57,700–58,200 during the early session. Traders should focus on breakout confirmation above 58,000 or breakdown below 57,700 for clear intraday direction, while maintaining strict stop losses due to potential intraday volatility.
Nifty Trading Strategy for 06th November 2025📊 NIFTY Intraday Trading Plan (15-Min Chart)
🕒 Strategy:
Wait for the 15-minute candle to close before taking any trade.
🟩 BUY Setup
✅ Condition:
Buy only if the 15-min candle closes above ₹25,656
🎯 Targets:
1️⃣ ₹25,680
2️⃣ ₹25,712
3️⃣ ₹25,740
🛑 Stop Loss (SL): Below the 15-min candle low
🟥 SELL Setup
✅ Condition:
Sell only if the 15-min candle closes below ₹25,540
🎯 Targets:
1️⃣ ₹25,510
2️⃣ ₹25,475
3️⃣ ₹25,444
🛑 Stop Loss (SL): Above the 15-min candle high
📌 Guidelines for Beginners:
⚡ Always wait for candle close confirmation (don’t jump in early).
💰 Risk small — never risk more than 1–2% of your capital per trade.
📉 Avoid trading during major news events or gap openings.
📊 Use basic indicators like Volume and VWAP for confirmation.
🧘 Stay calm and follow your plan — discipline is key!
⚠️ Disclaimer:
I am not a SEBI registered analyst.
This setup is for educational and informational purposes only — trade at your own risk.
💼 Do your own analysis before taking any trade.
XAUUSD – Intraday H1 Plan Range-Bound Volatility(November 5, 2025)
🌐 MARKET CONTEXT
Gold is trading within a narrow range around ₹3,963 – ₹4,015, showing indecision between safe-haven demand and short-term profit-taking pressure.
After the previous New York session, price created a new local low near ₹3,962.92, then quickly rebounded as dip buyers stepped in.
However, the ₹4,015–₹4,020 zone remains a strong supply area, limiting further upside momentum.
Bias for today: Ranging with mild bullish potential
→ Prefer buying at lower supports and taking profits quickly near the ₹4,015–₹4,020 supply zone.
If price breaks below ₹3,962, deeper downside movement toward ₹3,945 may occur.
📉 TECHNICAL ANALYSIS (SMC + LIQUIDITY STRUCTURE)
Market Structure: On the H1 timeframe, XAUUSD is consolidating between the strong demand zone ₹3,962–₹3,965 and the supply zone ₹4,015–₹4,020, forming a clear sideways range.
Liquidity Map:
Below ₹3,962 lies heavy sell-side liquidity, which Smart Money may sweep before a reversal.
Above ₹4,015–₹4,020 sits buy-side liquidity, serving as the next liquidity target if a breakout occurs.
🔑 KEY PRICE ZONES
Zone Type Price Range Description
Supply Zone ₹4,015 – ₹4,020 Short-term supply zone, likely to trigger sell reactions
Order Block ₹4,010 – ₹4,008 Quick reaction zone during London session
FVG zone ₹3,956-₹3,960 as a retest reaction area to look for confirmed Buy setups if the higher-timeframe trend remains bullish, or Sell on retest if price breaks below this zone
Deep Demand - OB ₹3,935 – ₹3,940 Deep buy zone, for liquidity sweep setups
⚙️ TRADE SETUPS
✅ BUY SCENARIO 2 – OB Reaction Entry
Entry: ₹3,935 – ₹3,934
Stoploss: ₹3,928
TP1: ₹3,970
TP2: ₹4,000
Logic: Price may sweep liquidity below the FVG and mitigate the H1 Bullish Order Block (₹3,935–₹3,944); if CHoCH/BOS confirms reversal, enter buy targeting the previous imbalance and liquidity above ₹4,000.
✅ BUY SCENARIO 2 – FVG Rebalance Entry
Entry: ₹3,955 – ₹3,954
Stoploss: ₹3,948
TP1: ₹3,985
TP2: ₹4,015
Logic: Price retraces to fill the ₹3,955–₹3,954 H1 FVG within the discount zone; if bullish CHoCH/BOS confirms a reversal, execute buy entry targeting liquidity above recent highs.
🔻 SELL SCENARIO – From Short-Term Supply Zone
Entry: ₹4,011 – ₹4,009
Stoploss: ₹4,017
TP1: ₹3,990.000
TP2: ₹3,965.000
Logic: Price reaches supply zone, forms rejection or bearish engulfing → valid short setup within range.
⚠️ SCALPING SELL – Quick Reversal Opportunity
Entry: ₹4,020 – ₹4,022
Stoploss: ₹4,028
TP: ₹4,000.000 – ₹3,985
Logic: If price spikes to ₹4,020–₹4,022 sweeping buy-side liquidity and quickly rejects → short scalp opportunity.
🧠 NOTES / SESSION PLAN
Focus on London and New York sessions when liquidity is highest.
Wait for H1 candle confirmation (wick, retest, or CHoCH) before entering any trade.
Avoid trading just because price touches the zone — confirmation is key.
Risk management: limit exposure to ≤1% per trade; maintain at least a 1:2 RR ratio.
When price approaches entry zones, use M15 timeframe to confirm structure and momentum before executing.
🏁 CONCLUSION
Within the ₹3,962.92 – ₹4,015.04 range, XAUUSD is consolidating tightly.
→ Prefer buying near ₹3,965–₹3,963 upon confirmation, or deep buys at ₹3,958–₹3,956 after liquidity sweep.
→ Conversely, if price rallies to ₹4,015–₹4,020 and shows rejection signals, short opportunities may arise.
Trade according to structure, wait for confirmations, and manage risk strictly to avoid stop-hunts.
Gold Trading Strategy for 06th November 2025💹 Trading Plan for Today
🕐 Time Frame: 1 Hour Candle
📈 Buy Setup (Long Trade)
💵 Entry: Buy above the high of the 1-hour candle once it closes above $4004
🎯 Targets:
1️⃣ Target 1: $4015
2️⃣ Target 2: $4027
3️⃣ Target 3: $4040
🛑 Stop Loss: Place your stop loss below the previous candle’s low for safety.
💡 Tip for Beginners: Wait for the candle to close above $4004 before entering. Don’t jump in early — confirmation matters!
📉 Sell Setup (Short Trade)
💵 Entry: Sell below the low of the 1-hour candle once it closes below $3942
🎯 Targets:
1️⃣ Target 1: $3929
2️⃣ Target 2: $3917
3️⃣ Target 3: $3904
🛑 Stop Loss: Place your stop loss above the previous candle’s high for protection.
💡 Tip for Beginners: Only enter after a confirmed close below $3942 — patience helps avoid false signals.
⚠️ Disclaimer
📢 This setup is for educational purposes only. Trading involves risk. Always do your own analysis and use proper risk management before entering any trade. The author is not responsible for any profit or loss incurred based on this information.
Real Knowledge of MarketCore Foundational Knowledge
Derivatives Basics: Options are derivative contracts, meaning their value is derived from an underlying asset (stocks, indices, commodities, etc.).
Key Terminology: A trader must be fluent in terms like call options (right to buy), put options (right to sell), strike price, premium, expiration date, intrinsic value, and time value.
Rights vs. Obligations: Understanding that option buyers have the right, but not the obligation, to exercise, while option sellers (writers) have the obligation if exercised, is fundamental to risk assessment.
Leverage: Options offer significant leverage, meaning a small amount of capital can control a large position in the underlying asset, which amplifies both potential profits and losses.






















