Elliott Wave Analysis of ITCITC and FMCG index will start their (iii) - 3rd wave next and (ii) wave should terminate here.
(ii) wave in ITC had a flat corrective structure, that means (iii) wave might be extended.
Chart Patterns
BNF Inside Bar CandleBNF formed Inside Bar Candle
Support 57718
Resistance 58247
RSI above 60 on daily basis
Wait for level crossed
Press "Boost" button for motivation
Possible Cup and Handle on DashLooking for a bullish scenario for Dash, this cup and handle could play out bringing the crypto price to roughly $120 per coin.
SI1! - Comex Silver Futures 4hr
Head and shoulder pattern noting the conflicting inverse H&S in it’s right shoulder.
Break out or Break down?
Bias 3.7458/1 Sellers
BPCL CMP 357📊 BPCL (Bharat Petroleum Corporation Ltd)
Stock is forming a Cup & Handle pattern within a rising channel.
Momentum looks strong — price sustaining above EMAs with rising volume.
Breakout above ₹360 can open the path for further upside.
Possible target of 411
PPL PROBABLY IN WAVE '' C '' - SHORTThis is in continuation to our ongoing tracking of PPL wave structure
If the wave count is correct then wave C has started which can take prices down anywhere from 165 to 140 level and further below.
Alternately, price can still be in wave B which can extend upward or sideward.
Since the overall market is under consolidation which we have already mentioned in our Karachi All Share post, we prefer short selling over buying at the moment. Therefore we will short sell PPL once price breaks below 181.50.
Trade setup:
Entry price: 181.50
Stop loss: 200
Targets:
T1: 165
T2: 140
Let see how this plays, Good Luck!
Disclaimer: The information presented in this wave analysis is intended solely for educational and informational purposes. It does not constitute financial or trading advice, nor should it be interpreted as a recommendation to buy or sell any securities.
DLF-FLAG PATTERN IN 2 HRLY CHARTDLF: Has formed a flag pattern in 2 hrly chart.as per the pattern the likley target is 800+(for educational purpose only)
wipro wipro buy trade from here and targets 251.45 and 237.8 risky trade but good potential of 1:3.5 RR ratio
XAUUSD: Tension Builds as the Market Awaits DirectionWhat’s really happening here?
If you take a close look at today’s XAUUSD chart, you’ll notice a very dramatic picture: gold prices are being tightly compressed inside a converging triangle pattern.
This is a classic formation that reflects the battle between two market forces:
- Buyers are forming higher lows, showing increasing buying pressure.
- Sellers, on the other hand, continue to hold lower highs, consistently blocking every upward attempt.
As these two trendlines move closer together, the market becomes like a compressed spring; the longer it’s squeezed, the stronger the move will be once it’s released.
So, what does this mean?
In my view, it shows that gold is currently in a highly sensitive accumulation phase, and any breakout could trigger a major move in a new direction.
- If the price breaks above the 4,020 – 4,030 USD resistance zone, it could be the first signal of a new bullish wave targeting 4,070 – 4,100 USD.
- Conversely, if it breaks below the 3,960 USD support, a bearish scenario will likely unfold, pulling the price back toward 3,910 – 3,880 USD.
🔹 How to identify a real breakout (my way):
- Wait for confirmation with a strong closing candle and high volume.
- A successful retest of the broken zone (which now switches roles: resistance → support or vice versa) will serve as a “golden certificate” for a sustainable breakout.
- And remember, false breakouts often occur right before the market truly explodes.
🔹 Risk factors (from my perspective):
- If gold breaks the boundary without volume or with long-wicked candles, it could simply be a trap set by major players.
- Once the price falls back inside the triangle after a breakout, the entire structure becomes invalid.
✅ Conclusion (in my view):
- Gold (XAUUSD) is now in the “calm before the storm” phase.
- Buyers are quietly accumulating near support areas, while sellers defend the last line of resistance.
- A clear and confirmed breakout in either direction could set the stage for a big move this week.
Stay disciplined:
- Wait for breakout + confirmation + retest; that’s how you stay on the right side of the market and avoid false signals.
This is not financial advice, just my personal view of today’s chart — my way.
Trade safely and patiently, because sometimes doing nothing is also a strategy.
HINDUNILVR - RISING WEDGE PATTERN BREAKOUT [ SELL SIDE ]I am not a SEBI-registered investment advisor. The information provided here is for educational and informational purposes only and should not be construed as financial or investment advice. Please do your own research or consult with a SEBI-registered financial advisor before making any investment decisions. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
NTPC - Symmetrical Triangle PATTERN BREAKOUT [ SELL Side ]I am not a SEBI-registered investment advisor. The information provided here is for educational and informational purposes only and should not be construed as financial or investment advice. Please do your own research or consult with a SEBI-registered financial advisor before making any investment decisions. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Bitcoin Peaked Oct 6th, 2025Here is another perspective to add to my last publishing. The MACD is Diverging in a downward trend in comparison with the current Bitcoin upward price trend. As a long term Bitcoin investor I do not like the way things are lining up with Bitcoin. We are looking at another 2014 style crash in Bitcoin. Expect a 75-90% drop extending into 2026. Short positions are the play in the coming weeks/months and eventually look at cost averaging long positions again sometime in 2026/2027 for the next waves higher.
SRF - RISING WEDGE PATTERN BREAKOUT [ SELL SIDE ]I am not a SEBI-registered investment advisor. The information provided here is for educational and informational purposes only and should not be construed as financial or investment advice. Please do your own research or consult with a SEBI-registered financial advisor before making any investment decisions. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
AXISBANK - Rising Wedge PATTERN BREAKOUT [SELL SIDE ]I am not a SEBI-registered investment advisor. The information provided here is for educational and informational purposes only and should not be construed as financial or investment advice. Please do your own research or consult with a SEBI-registered financial advisor before making any investment decisions. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
BAJAJFINSV - RISING WEDGE PATTERN BREAKOUT [ SELL SIDE ]I am not a SEBI-registered investment advisor. The information provided here is for educational and informational purposes only and should not be construed as financial or investment advice. Please do your own research or consult with a SEBI-registered financial advisor before making any investment decisions. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
A neutral zone trade with a bearish biasThe structure of the S&P 500 daily chart implies a sideways move with a bearish bias. If sellers are here movement lower would be expected on Tuesday.
