📈 BTCUSD (Bitcoin) – Elliott Wave Weekly Analysis

Current Price: ~$90,700

Timeframe: 1W (Weekly)
Wave Structure: Impulse Cycle – in progress

BANKNIFTY – Elliott Wave Analysis (1D) - 29-NOV-2025

 BANKNIFTY is currently in a strong impulsive structure headed towards Major Wave (3) completion, with Wave (4) pullback likely before a powerful Wave (5) rally.

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Wave Count Summary

🔹 Wave 1 & Wave 2 completed
🔹 Currently inside Wave 3 (subwave 5 in progress)
🔹 Wave 4 expected zone identified (blue support range)
🔹 Major upside continuation expected in Wave (5)

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Key Levels

Immediate Price Levels

• Support Zones:
  59,695 / 59,010 / 57,630

• Wave 4 Support Zone Range:
  59,695 – 57,630

• Immediate Resistance / Breakout Zone:
  61,355 – 62,355

Trend Confirmation

📌 Break above 63,900–65,825 → Confirms strong continuation toward new lifetime highs

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Wave (3) Target Box

🎯 63,900 – 65,825 – 67,689

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Wave (5) Projection Zones

🚀 69,600 / 71,070 / 72,500 / 73,755
🟣 Mid-term extended targets:
77,500 / 83,555 / 92,050

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Trading Outlook

📈 Bullish bias remains intact above 59,695
🟦 Best entry area expected if market dips into Wave 4 zone
🎮 Buy on dips & ride Wave (5) rally

Risk Levels

❗ Wave count invalidation only below 57,010

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Summary

• BANKNIFTY is in Impulse Wave 3, heading towards Wave 5 targets

• Big rally expected once 63,900–65,825 zone breaks

• 2026 looks extremely bullish for banking sector expansion

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💬 For educational Elliott Wave study – not a trade recommendation

https://in.tradingview.com/chart/BANKNIFTY/wk9pUFfv-BANKNIFTY-Elliott-Wave-Analysis-1D/

NIFTY TOTAL MARKET INDEX – Elliott Wave Analysis (1D) - 29-NOV-2025

 Market continues to respect the impulse wave structure, currently completing Wave (4) correction and preparing for Wave (5) expansion.

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Current Structure

🟢 Wave (1), (2), (3) completed
🟡 Wave (4) corrective zone forming support base
🟩 Wave (5) upside targets activated on breakout

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Key Levels

Immediate Levels

• Support: 13,089 / 12,555

• Resistance / Break Zone: 14,020 – 14,350

• High to watch: 14,620

📌 Wave (5) confirmation above: 14,970

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Wave (5) Target Zones

🎯 15,450 – 15,850
🎯 16,434 – 16,777 – 17,334
🎯 18,116 – 18,780
🚀 Extended Target: 21,150 – 22,600

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Trading View

📈 Bullish sentiment continues as long as 13,089 holds
🔓 A breakout above 14,970 could trigger strong upside
📉 Weakness only below 12,555, deeper correction below 10,954

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Strategy

Positional Buy Zone: 13,350 – 13,100 accumulation
Breakout Buy: above 14,350 or safe above 14,970
SL: below 13,089 / positional SL 12,555
Targets: 15,450 / 16,434 / 17,334 / 18,780+

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Summary

• Market consolidating in Wave (4), preparing powerful Wave (5) rally

• Big rally expected in 2026 with aggressive bullish extension

• Patience + breakout confirmation required

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💬 Educational Elliott Wave study only – not a buy/sell recommendation.
👍 Like, comment & follow for more chart updates!

NIFTY PSE INDEX – Elliott Wave Analysis (1D) - 29-NOV-2025

NIFTY PSE Index is still moving inside a large Wave (4) corrective structure. Breakout confirmation is needed to start Wave (5) impulsive rally.

Key Levels

🔹 Immediate Resistance: 10,321
🔹 Major Breakout Zone: 10,670 – 11,289
➡️ Wave (5) confirmation only above 11,289

🔹 Immediate Support: 9,577
🔹 Major Supports: 9,167 / 8,730
🔹 Wave (4) Low: 8,125
❗ Invalidation below: 7,956

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Wave Structure

(3) Completed
(4) Ongoing corrective wave (or alt(4) base already formed)
📌 Consolidation expected before a breakout

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Targets for Wave (5)

🎯 12,877 / 13,270 / 14,444
🚀 Extended target zone: 18,800 – 19,234

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Trading View

📈 Bullish view only above 10,670
🔓 Strong confirmation above 11,289, then move toward Wave (5) targets
📉 Break below 9,577 may test 8,730 – 8,125

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Trading Plan

✔ Buy on breakout above 10,670
🎯 Targets: 11,289 / 12,877 / 13,270 / 14,444
🛑 SL: Below 9,577 (short term) or 8,730 (positional)

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Summary

⏳ Sideways range continues inside corrective wave (4)
📌 Patience required—momentum will return with breakout
🚀 Wave (5) rally could be strong when triggered

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💬 Chart is shared for educational wave-structure discussion. Trade with risk control.
👍 Like & Follow for more index wave analysis updates

https://in.tradingview.com/chart/CNXPSE/pg8XocD8-NIFTY-PSE-INDEX-Elliott-Wave-Analysis-1D/

NIFTY PSU BANK – Elliott Wave View (1D) - 29-NOV-2025

NIFTY PSU BANK Index continues to maintain bullish momentum within the larger impulsive structure. Current wave appears to be Wave (4) consolidation after a strong Wave (3) rally.

Key Levels to Watch

🔹 Immediate Support Zone: 8,500 – 8,300

🔹 Deeper Supports: 8,053 / 7,303 / 6,730

🔹 Resistance Zone (Wave 4 Top region): 8,921 – 9,177

🔹 Major Targets for Wave (5):

9,855 / 10,277 / 10,400 ➜ First upside zone

11,370 / 11,621 / 12,050+ ➜ Extended Wave (5) projection

View

📌 As long as 8,300 holds, expectation is for consolidation in the Wave (4) range followed by continuation towards Wave (5) rally targets.

📈 Bullish bias above 8,301 – ideally accumulating on dips near support levels.

📉 Negative sentiment only if price breaks below 8,053, which could extend correction lower.

Trading Plan

Buy on dips around 8,500–8,300

Targets: 8,921 / 9,177 / 9,855 / 10,277 / 10,400+

Invalidation: Below 8,053

Elliott Wave Count Summary

(1) Completed

(2) Completed

(3) Strong rally done

(4) Current retracement zone

(5) Next impulsive leg likely towards 10,400–12,000+

💬 This is a positional view based on Elliott Wave & channel structure. Adjust stops based on risk management.

👍 Like & Follow for more Elliott Wave analysis

https://in.tradingview.com/chart/CNXPSUBANK/QeuUJnfl-NIFTY-PSU-BANK-Elliott-Wave-View-1D/

XAUUSD (Gold) – 3H Analysis

Gold is currently trading near 4183–4185 and is approaching a major breakout zone.

📍 Key Zone: 4246

🔺 Breakout Confirmation: A strong close above 4246 and the descending trendline (red line) will confirm bullish momentum.

Structure Insight

• The chart shows a contracting triangle / wave 4 structure, and price is pushing towards the upper boundary.

• If price breaks out from the triangle, we may see the start of wave 5 impulse upside.

Upside Targets

• 4430

• 4555

• 4734

• 4925

• 5130++

Support Levels

• 4080–4100

• 3886

Bullish Bias

As long as price sustains above 4080, the view remains bullish.
Buy-on-dips strategy valid until support breaks.

📌 Break & Retest of 4246 = Strong Buy Setup

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Summary

🚀 Bullish breakout expected above 4246
🎯 Wave 5 target zones: 4430 → 4555 → 4734 → 4925 → 5130+
⚠️ Invalidation below 4080

https://www.tradingview.com/chart/XAUUSD/ClrXDWkb-XAUUSD-Gold-3H-Analysis/

📈 XAGUSD (Silver) – 3H Chart Analysis | Elliott Wave Outlook

Silver continues to show strong upside momentum after forming a potential Wave 4 bottom near $45.55–$47.90 zone. The structure appears to be progressing into Wave (3) of 5, and price is currently approaching a major breakout level.

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🔍 Key Levels to Watch

Immediate Resistance:

• $54.50 – Major breakout zone (High)

• A sustained close above $54.50–$56.55 could trigger a strong bullish continuation.

Upside Targets (Wave 5 / Wave (3) Projection):

• TP1: $56.55

• TP2: $61.34 (Wave 5 Target Box)

• TP3: $65.30 – $67.50

• Extreme Target (alt count): $70.77+

Support Levels:

• $53.34

• $52.00

• $51.30

• Major invalidation: $45.55

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✨ Elliott Wave Structure

• Wave 4 appears completed near $45.55 – $47.91

• Wave (3) extension is now underway

• A breakout above $54.50 confirms further acceleration into the $56.55 → $61.34 area

• If rejected at resistance, pullback into $52–$53.34 is healthy and bullish continuation likely

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📌 Trading Plan

Bullish Bias as long as $52.00 support holds

• Buy on dips: $52.00 – $53.34

• SL: Below $51.30

• Targets: $56.55 / $61.34 / $65.30+

Bearish invalidation: A breakdown below $45.55 will negate the bullish wave count and open deeper downside.

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📊 Summary

Silver is approaching a decisive breakout point. As long as support levels hold, upside continuation toward $61–$65+ remains highly probable under Elliott Wave structure. Watch $54.50–$56.55 for strong breakout confirmation.

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📘 Disclaimer

This is for educational and charting purposes only, not investment advice. Manage risk and follow your trading plan.

NIFTY 1H – Buy on Dips View (Elliott Wave Perspective)

📍 NIFTY trading above key support zone – bullish structure intact

Nifty continues to trade in a rising channel and is currently positioned in Wave (iii) structure. As long as the support 25,855 holds, bullish momentum is expected to continue.

✅ Trading Plan

Buy on dips towards support zones

🎯 Upside Targets

26,377

26,755

26,900–27,050

27,550 | 27,821 | 27,000+ extended targets if Wave (iii) accelerates

🔑 Key Support

📌 25,855 — As long as price holds this zone, the bullish wave structure remains valid.

🧠 Wave Structure

Wave (iii) in progress

Wave (iv) expected only after testing upper resistance zones

Break above 26,755 may trigger a sharp rally toward 27K+

📉 Invalidation Level

❌ Below 25,855 – short-term trend likely weakens and deeper corrections may occur.

Conclusion

Bias: Strong Bullish | Buy on Dips Strategy

Waiting for consolidation or dip around support levels may offer good risk–reward buying opportunities.

https://www.tradingview.com/chart/NIFTY/My8qKqkv-NIFTY-1H-Buy-on-Dips-View-Elliott-Wave-Perspective/

NIFTY Elliott Wave Outlook – Wave 3 Expansion Mode Ahead? | Daily Chart

 

Current Structure

Nifty appears to be progressing inside a major Impulse Wave structure.
The recent rally suggests that price is currently inside Wave (3) of a larger degree cycle.

Wave Count Overview

• Wave (1) completed near ~26,000 region

• Wave (2) retracement completed near 25,313 – 24,334 zone

• Current structure indicates ongoing Wave (3), subdividing into:

  • i completed

  • ii pullback completed near 25,800–25,900

  • Now likely progressing into Wave iii higher

Upside Price Projections

If Wave (3) continues as expected, possible resistance / target clusters:

Elliott Target	Level Zone
Wave iii	26,755 – 27,500
Wave v of 3	28,255 – 29,170
Completion of Wave (3)	30,689 – 31,250 / 32,170

The zone 28,800 – 29,200 appears to be a strong confluence area where wave 3 extension may pause.

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Support Zones

Support Levels	Importance
26,205 – 26,000	Short-term support
25,313	Higher-degree wave 2 pivot
24,334	Major trend reversal invalidation

As long as price holds above 25,313, the bullish Elliott count remains valid.

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Wave Invalidations

• Break below 25,313 = wave structure weakens → deeper correction into 24,334

• Break above 26,755 = strong confirmation of Wave iii continuation

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Trading Bias

📈 Bullish Bias

• Buy on dips towards supports above trend channel

• Targeting higher zones of 27,500 → 29,000 → 31,000+

⚠️ Bearish Short-term View

• Temporary corrections possible near channel resistance

• Profit-booking likely in 27,500 / 28,250 / 29,170 zones

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Conclusion

Nifty remains structurally bullish in the medium term while it trades above 25,313.
The Elliott Wave count indicates a powerful Wave (3) rally unfolding, with potential to push towards 29,000 – 31,000+ in coming weeks/months.

The key trigger for upside expansion = breakout & sustained hold above 26,755.

📊 Nifty Analysis: Key Resistance at 26,278 — Big Move Loading? (Updated Wave Outlook)

The Nifty 50 index is at a crucial turning point, trading right inside the (iii) wave zone as per the current Elliott Wave structure. With price action approaching a major resistance cluster, traders should prepare for a powerful move—either a breakout rally or a healthy correction before the next leg begins.

In this post, we break down the key levels, wave counts, support zones, and possible price paths over the coming sessions.

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🔍 Current Market Structure

Nifty is now trading inside the third wave [(iii)], which is typically the strongest and most explosive part of an Elliott Wave cycle. Price is inching toward a major supply zone at 26,278, a level that has acted as a significant hurdle.

This resistance will decide whether Nifty will continue its upward impulse or retrace briefly before launching higher.

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🔥 Bullish Scenario — Breakout Above 26,278

If Nifty gets the required thrust or a gap-up and convincingly breaks 26,278, the market may enter a strong trending phase.

Upside Targets After Breakout

Once 26,278 is crossed:

• 26,755 — Immediate upside & potential (iii) completion

• 27,800 — Key wave (iv)/(i) reaction zone

• 28,255 — Major parallel channel resistance

• 29,180+ — High-probability wave (v) zone

A breakout here typically confirms the strength of wave (iii) and opens the path for extended upside momentum.

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📉 Bearish Scenario — Rejection at 26,278

If Nifty is unable to break through the resistance, a short-term pullback may occur.

Expected Correction Levels

• 25,855 — Strong support zone

• 25,700 — Rising channel base

This correction would still be structurally bullish, forming wave (iv) before a strong rally begins. A sharp thrust or gap-up after this pullback is likely as wave (v) unfolds.

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📌 Summary

• 26,278 is the key inflection point.

• Breakout Scenario:
  👉 26,755 → 27,800 → 28,255 → 29,180+

• Correction Scenario:
  👉 Dip towards 25,855–25,700 before a big upward thrust

• Market is still bullish unless 25,700 breaks decisively.

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📈 Final Outlook

Nifty is preparing for a big move. Whether it triggers immediately via a breakout above 26,278 or after a minor correction, the broader trend remains positive as long as higher lows are respected.

Stay focused on the key levels, watch for rejection candles or a gap-up breakout, and manage your trades accordingly.

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BANK NIFTY ANALYSIS – 1 NOV 2025

LTP: 57,776

Supports: 54,225 / 53,555 / 47,700
Resistance: 58,578

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🔹 Chart Overview

Bank Nifty continues to maintain its bullish structure, with price staying comfortably above key support zones. The recent consolidation near 57,000–58,000 indicates a healthy pause within an ongoing uptrend.

As long as 53,555 remains protected, the index is likely to resume its upward journey, targeting:

• 59,755 (short-term target)

• 62,250 – 63,389 – 65,750 (medium-term targets)

• 69,555 – 71,021 – 73,300 (extended targets)

The primary wave count suggests a bullish continuation pattern, with wave (3) still unfolding. However, an alternate bearish count exists, which becomes valid only if Bank Nifty breaks and sustains below 53,555.

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🔹 Technical View

• RSI remains in the positive zone, supporting continued strength.

• The trend channel remains intact, with higher highs and higher lows.

• A breakout above 58,578 will confirm renewed bullish momentum.

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🔹 Summary

✅ Primary View: Bullish continuation above 53,555
⚠️ Alternate View: Bearish correction only below 53,555
🎯 Upside Potential: 59,755 → 63,389 → 73,300

Bank Nifty continues to show strength across timeframes — buy on dips remains the preferred strategy until major supports are violated.

https://in.tradingview.com/chart/BANKNIFTY/LqhNzmud-BANK-NIFTY-ANALYSIS-1-NOV-2025/

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BANK NIFTY BIGGER PICTURE ANALYSIS – 1 NOVEMBER 2025

By Ewaves Journal | Technical & Elliott Wave Outlook

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🔍 Introduction

In today’s analysis, we take a broader look at Bank Nifty’s long-term structure using Elliott Wave and channel-based projections. The index has shown remarkable strength, breaking past major resistance levels and continuing its bullish momentum. Let’s decode what the charts are indicating for the coming months.

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📊 Current Market Snapshot

• Index: Bank Nifty

• Date: 1 November 2025

• LTP: 57,776

• Recent High: 58,577

• Key Resistance Broken: 57,630

Bank Nifty has successfully broken above 57,630, marking a significant bullish breakout. The structure continues to hold within a long-term rising parallel channel, suggesting that the uptrend remains intact.

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🧭 Key Support Zones

The bullish bias remains valid as long as Bank Nifty holds above the following crucial supports:

• Immediate Supports: 54,225 / 54,134

• Major Supports: 48,034 / 32,144 / 16,116

As long as 54,225 holds, the trend remains constructive, and any dips towards this zone may act as a buying opportunity for positional traders.

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🎯 Upside Targets (Wave Projection Levels)

Based on Elliott Wave extensions and Fibonacci projections, the potential upward targets for Bank Nifty are:

• 63,900 – 64,000 Zone

• 73,000 – 74,000 Zone

• 83,000 – 84,000 Zone

• 90,000 – 100,000+ Levels

These zones align with wave projections (3)-(5) shown in the chart and represent potential milestones for the next leg of the rally.

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📈 Technical View

The RSI continues to show steady momentum, indicating sustained strength without major overbought divergence.
Price movement within the rising channel suggests a controlled and gradual uptrend, typical of a strong impulsive phase in Elliott Wave terms.

NOTE: Leading Diagonal is not considered a reliable pattern by me. However, there is still a possibility that it may form in the current structure.

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🧩 Summary of Bank Nifty Outlook

Aspect	View
Trend Direction	Bullish
Immediate Support	54,225 / 54,134
Major Support	48,034 / 32,144 / 16,116
Short-Term Resistance	58,500 Zone
Next Target Zones	64K → 73K → 83K → 90K → 100K+
Bias	Positive as long as 54,134 holds

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🧠 Conclusion

Bank Nifty continues to showcase strong bullish structure backed by higher highs and higher lows on the daily chart.
As long as the support zones remain protected, traders and investors can expect the index to march towards 64K and above in the coming months.

The larger wave count hints at a multi-leg rally still in progress, with potential to reach new all-time highs beyond the 90K–100K zone.

https://in.tradingview.com/chart/BANKNIFTY/XOLawPpH-BANK-NIFTY-BIGGER-PICTURE-ANALYSIS-1-NOVEMBER-2025/

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 🧭 NIFTY ANALYSIS – 01 NOVEMBER 2025 | Buy on Dips Towards 25,700–25,200 if get

LTP: 25,722
Resistance: 26,107 / 26,278
Supports: 24,334 / 21,734
Trend: Bullish – Buy on Dips

📈 Overview
Nifty has moved strongly from the 24,334 low to a recent high around 26,107, forming a well-structured upward channel. The pattern looks like a leading diagonal, which usually occurs in early impulsive phases. This indicates the possibility of a short-term correction before the next big rally resumes.

The broader Elliott Wave structure shows that Nifty is still within Wave (3) of a larger uptrend, suggesting that any dips are likely to be temporary and may offer excellent buying opportunities.

📝 NOTE: Leading diagonal is not a pattern I prefer to consider as highly reliable. But yes, there is a possibility that the recent move fits that structure.

🧭 Technical View
Immediate Resistance: 26,107 / 26,278 – a breakout above this zone may trigger a direct rally toward 27,000.

Support Zones: 25,670 and 25,191 could act as short-term pullback areas before the next move higher.

Major Supports: 24,334 and 21,734 are crucial structural levels. The uptrend remains intact as long as Nifty holds above 21,734.

RSI (14) is near 58, showing balanced momentum. There’s enough room for price expansion once the short correction completes.

🎯 Possible Scenarios
1️⃣ Corrective Pullback (Preferred Scenario):
If the recent move from 24,334 to 26,107 is indeed a leading diagonal, Nifty may pull back towards 25,670 – 25,191 before reversing sharply upward towards 27,000.

2️⃣ Direct Breakout (Alternate Scenario):
If Nifty crosses 26,107 directly, a Wave 3 extension could unfold, leading to a quick rally toward 27,000 – 28,000 levels.

📊 Either way, the broader structure remains bullish, and “Buy on Dips” continues to be the most favorable trading strategy.

🎯 Upside Targets
Timeframe Target Levels
Short Term 27,000
Medium Term 29,100 – 30,450
Long Term 33,000 – 34,734

⚠️ Risk Management
A daily close below 21,734 would invalidate the current bullish count. Until that happens, all downward moves are likely to be corrective in nature.

🗣️ Conclusion
Nifty remains within a solid long-term uptrend. Short-term dips should be viewed as buying opportunities as long as the index stays above 21,734. A breakout above 26,278 could accelerate momentum toward 27,000 and beyond.

Trading View: Bullish above 21,734 — Buy on Dips toward 25,700–25,200.
Wave View: Current move likely part of Wave (3); structure supports 27K and higher levels.

https://in.tradingview.com/chart/NIFTY/4K4HFaqC-NIFTY-ANALYSIS-01-Nov-2025-Buy-on-Dips-if-moves-down/

NIFTY ANALYSIS – 01 NOVEMBER 2025: BIGGER PICTURE

 LTP: 25,722

Supports: 22,034 / 21,734, 15,182, 7,507
Resistance: 26,278
Trend: Bullish above 22,000

📈 Overview
Nifty continues to trade within a strong long-term uptrend, supported by a clear Elliott Wave structure. The index has completed Waves (1), (2), (3), and (4), and is now progressing in Wave (5). As long as the 22,000–21,734 zone holds, the broader trend remains bullish.

🧭 Technical View
Primary Trend: Uptrend within a rising channel (pink trendlines).
Short-Term Resistance: 26,278 – a breakout above this zone could trigger fresh momentum.
Immediate Supports: 25,013 and 24,334 act as near-term cushions.
Major Supports: 22,034 and 21,734 are key structural levels — as long as these hold, bulls remain in control.

The RSI (14) is hovering near 58 — neutral and healthy, suggesting there’s still room for further upside before the market becomes overbought.

🎯 Upside Targets
If Nifty sustains above 22,000 and breaks 26,278 decisively, the next possible milestones are:
28,000 – 28,877 (near-term target zone)
30,500 (medium-term target)
34,000 – 37,000 (long-term projection zone for Wave 5)

⚠️ Alternate View
If Nifty closes below 22,000 / 21,734, the bullish setup will weaken. In that case, a deeper correction toward 15,000 cannot be ruled out. However, at present, this remains a low-probability scenario.

🧩 Summary
Direction View Key Levels Targets
Short-Term Range to Positive Support: 24,334 / 25,013 26,278 → 28,000
Medium-Term Bullish Above 22,000 can see 30,000 – 34,000
Long-Term Strong Bull Trend Support: 21,734 37,000+

🗣️ Conclusion
Nifty remains in a firm uptrend as long as 22,000 support holds. Traders can look for buying opportunities on dips, while positional investors can ride the trend toward higher targets. A breakout above 26,278 would confirm the next leg of the rally toward 28,000 and beyond.

https://in.tradingview.com/chart/NIFTY/EBNlYCYo-NIFTY-ANALYSIS-01-NOVEMBER-2025-BIGGER-PICTURE/