2025.05.25 Bitcoin Wave Count Extension (Refer to previous idea)We are the SeoVereign Trading Team.
With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assets—always guided by structure, sentiment, and momentum.
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Please refer to the current Bitcoin wave count to better understand this analysis.
(Click the image to go to the idea.)
Typically, before breaking a major high, the market tends to absorb liquidity in the lower range by triggering stop-loss orders. The current movement appears to follow this classic corrective pattern.
In this zone, the Alt Bat harmonic pattern has been confirmed, and various technical indicators such as RSI and wave count are all supporting an upward move.
As I have consistently emphasized, I expect a strong bullish trend.
The short-term targets are as follows:
1st target: 107,761
2nd target: 108,082
3rd target: 108,398
Wave Analysis
2025.05.24 Bitcoin Elliott Wave AnalysisWe are the SeoVereign Trading Team.
With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assets—always guided by structure, sentiment, and momentum.
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Let's analyze the current Bitcoin trend based on the Elliott Wave Theory.
First, the strong upward trend starting from 102K and ending at 112K can be identified as an impulse wave (Wave 1 to 5) in the Elliott Wave structure. The subsequent decline from 112K appears to be part of a C wave that began at the peak of the B wave. The rebound near 107K seems to be a so-called "Dead Cat Bounce," interpreted as a technical rebound due to a strong support/resistance zone in that area.
To make the wave count easier to understand, you can view a chart showing only the wave count at the link below:
The wave ratios used in this idea are as follows:
higher-degree Wave 1 analysis: Wave 1 to 3 × 0.618 = Wave 5
higher-degree Wave 3 analysis: Wave 1 × 0.618 = Wave 5
higher-degree Wave 5 analysis: Wave 1 × 1 = Wave 5
higher-degree Wave C analysis: Wave 1 × 2.618 = Wave 3
Based on this analysis, the trend still leans toward the upside, and the following take-profit levels are suggested:
First target: 109,980 USDT
Second target: 111,361 USDT
Thank you.
Bitcoin Chart Analysis – May 28, 2025Currently, on the chart, it is clear that a harmonic pattern, specifically the Bat Pattern, has been formed. The Bat Pattern is interpreted as a strong reversal signal based on the ratio structure between highs and lows, and especially, a rebound in the PRZ (Potential Reversal Zone) area acts as a highly reliable entry signal.
In this case as well, a strong rebound has been observed after the price reached the PRZ zone, which can be seen as technical evidence supporting the validity of the pattern.
Also, according to the Elliott Wave Theory, the 5-wave structure has now been confirmed. This indicates that the final impulse wave of the 1-3-5 wave structure has been completed, and typically, after this phase, a corrective wave (ABC pattern) or the start of a larger fractal wave follows. However, since both the harmonic pattern and wave analysis simultaneously support an upward movement, it is judged that an additional upward trend is likely to unfold in the short term.
Therefore, the future price movement can be projected with the following three target levels:
1st Target: 108,247 – A short-term resistance level that needs to be monitored for price reaction.
2nd Target: 108,707 – This level overlaps with a previous high, and its breakout will serve as a criterion for determining trend continuation.
3rd Target: 109,167 – Set as a mid-term bullish target, and if the upward wave extends, this is a major resistance level with high potential to be reached.
In conclusion, entering at a zone where multiple technical indicators align tends to be a strategy with favorable risk-reward characteristics, and at this point, it is judged that the short-term outlook remains bullish. However, it is also emphasized that setting a stop-loss level and managing risk must be done concurrently.
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(june 2, 2025) trade plan for tomorrow🔥 99% Working Trading Plan 🔥
(For educational purposes only — trade at your own risk)
📈 Gap-Up Opening Strategy
➡️ If market opens above 24822 and holds for 15 min,
✅ Go LONG — Targets:
• 24940
• 25070
➡️ If market opens below 24822 but fails to break above in 15 min,
❌ Go SHORT — Targets:
• 24688
• 24610
📉 Gap-Down Opening Strategy
➡️ If market opens above 24688 and holds for 15 min,
✅ Go LONG — Targets:
• 24822
• 24940
• 25070
➡️ If market opens below 24688 and fails to break above in 15 min,
❌ Go SHORT — Targets:
• 24618
• 24520
🔒 Trading Rules (Must Follow):
📌 Never enter a trade without a 20-point stop loss
📌 Activate a trade only after 5M 2 candle closes above/below the level
📌 Don’t jump into trades immediately at level — wait for confirmation
📌 Full risk is your own, not me
RSI Divergence part 2RSI Divergence is among technical analyses allowing traders to discover a possible market reversal by comparing price movements with the Relative Strength Index. The RSI tool measures how fast and strong price movements are, ranging between 0 and 100. Typically, when the RSI is below 30, the asset is considered oversold; when it's above 70, it's seen as overbought.
Silver EW updateSilver update
Patternfrom 31.66 low to top looks like ABC, A is ending at 32.72 and b is around 31.90, and C wave is a impulsive 5 wave pattern clearly visible,
reason behind considering it ABC are 1-This ABCmove has an extention of161.8%, 2- after completion of C, it has retraced more than 50 % which made me consider it as ABC, another question might be raised as it can be LD, but as per rules of LD,LD can't have a 3rd wave touching or breaking 161.8%, so left with only choice of considering it as ABC,
Considering ABC means price will be coming down in upcoming days.
Lets see what unfolds in upcoming days.
CENTRAL DEPO SERVICES (I) LTDAs of May 30, 2025, here are the 45-minute interval support and resistance levels for Central Depository Services (India) Ltd (NSE: CDSL), based on the latest available data:
📊 Current Price Snapshot
Last Traded Price: ₹1,529.70
Day’s Range: ₹1,513.30 – ₹1,554.00
52-Week Range: ₹917.63 – ₹1,989.80
Volume: 5,711,655 shares
VWAP: ₹1,539.78
Market Capitalization: ₹31,971 crore
Beta: 1.34
Dividend Yield: 0.82%
Book Value per Share: ₹73.16
Upper Circuit Limit: ₹1,664.30
Lower Circuit Limit: ₹1,361.70
🔧 Support & Resistance Levels (Based on Pivot Points)
The following support and resistance levels are derived from various pivot point calculations:
Classic Pivot Points
Pivot Point: ₹1,532.33
Resistance Levels:
R1: ₹1,551.37
R2: ₹1,573.03
R3: ₹1,592.07
Support Levels:
S1: ₹1,510.67
S2: ₹1,491.63
S3: ₹1,469.97
Fibonacci Pivot Points
Pivot Point: ₹1,532.33
Resistance Levels:
R1: ₹1,547.88
R2: ₹1,557.49
R3: ₹1,573.03
Support Levels:
S1: ₹1,516.79
S2: ₹1,507.18
S3: ₹1,491.63
Camarilla Pivot Points
Pivot Point: ₹1,532.33
Resistance Levels:
R1: ₹1,533.43
R2: ₹1,537.16
R3: ₹1,540.89
Support Levels:
S1: ₹1,525.97
S2: ₹1,522.24
S3: ₹1,518.51
📈 Technical Indicators Summary
Relative Strength Index (RSI): Data not available
MACD: Data not available
ADX: Data not available
Stochastic RSI: Data not available
Supertrend: Data not available
Parabolic SAR (PSAR): Data not available
🧭 Trading Outlook
Trend: Neutral to Slightly Bullish
Recommendation: The stock is trading near its pivot point, indicating a neutral stance. Traders should monitor for a breakout above R1 (₹1,551.37) for bullish confirmation or a breakdown below S1 (₹1,510.67) for bearish signals.
HDFC BANK LTDAs of May 30, 2025, here are the 30-minute interval support and resistance levels for HDFC Bank Ltd (NSE: HDFCBANK), based on the latest available data:
📊 Current Price Snapshot
Last Traded Price: ₹1,944.90
Day’s Range: ₹1,925.10 – ₹1,948.60
52-Week Range: ₹1,490.00 – ₹1,978.90
Market Capitalization: ₹14.77 trillion
Beta: 0.77
Volatility: 1.22%
🔧 30-Minute Interval Support & Resistance Levels
Based on technical analysis, the following support and resistance levels have been identified:
Immediate Support Levels:
S1: ₹1,931.00
S2: ₹1,916.00
S3: ₹1,907.00
Immediate Resistance Levels:
R1: ₹1,954.00
R2: ₹1,963.00
R3: ₹1,977.00
📈 Technical Indicators Summary
Relative Strength Index (RSI): 55.32 (Neutral)
MACD: 0.333 (Bullish)
ADX: 16.63 (Indicates a weak trend)
Stochastic RSI: 55.28 (Neutral)
Supertrend: ₹384.44 (Bullish)
Parabolic SAR (PSAR): ₹385.89 (Bullish)
🧭 Trading Outlook
Trend: Neutral to Slightly Bullish
Recommendation: The stock is trading near its immediate resistance level of ₹1,954.00. A breakout above this level could indicate a bullish trend, while a drop below the immediate support of ₹1,931.00 might suggest bearish momentum. Traders should monitor these levels closely for potential entry or exit points.
BANK OF INDIAHere are the intraday (1-day) support and resistance levels for Bank of India (NSE: BANKINDIA) as of the latest available data:
📊 Price Snapshot (as of May 30, 2025)
Last Traded Price: ₹121.94
Day’s Range: ₹117.80 – ₹122.61
52-Week Range: ₹90.05 – ₹137.45
Volume: 17,477,465 shares
VWAP: ₹121.03
Market Capitalization: ₹55,515 crore
Beta: 1.21
Dividend Yield: 2.30%
Book Value per Share: ₹162.55
Upper Circuit Limit: ₹131.13
Lower Circuit Limit: ₹107.28
🔧 Intraday Support & Resistance Levels
Classic Pivot Points
Pivot Point: ₹122.00
Resistance Levels:
R1: ₹122.69
R2: ₹123.28
R3: ₹123.97
Support Levels:
S1: ₹121.41
S2: ₹120.72
S3: ₹120.13
Fibonacci Pivot Points
Pivot Point: ₹122.00
Resistance Levels:
R1: ₹122.49
R2: ₹122.79
R3: ₹123.28
Support Levels:
S1: ₹121.51
S2: ₹121.21
S3: ₹120.72
Camarilla Pivot Points
Pivot Point: ₹122.00
Resistance Levels:
R1: ₹122.22
R2: ₹122.33
R3: ₹122.45
Support Levels:
S1: ₹121.98
S2: ₹121.87
S3: ₹121.75
📈 Technical Indicators Summary
Relative Strength Index (RSI): 70.99 (Buy)
MACD (12,26): 0.93 (Buy)
ADX (14): 32.69 (Buy)
Stochastic RSI (14): 92.60 (Overbought)
CCI (14): 191.58 (Buy)
ATR (14): 1.05 (High Volatility)
Williams %R: -13.78 (Overbought)
🧭 Trading Outlook
Trend: Strong Bullish
Recommendation: The stock exhibits a strong bullish trend with multiple technical indicators signaling a 'Buy'. However, the Stochastic RSI and Williams %R indicate overbought conditions, suggesting caution for new entries. Traders should monitor for potential pullbacks or consolidation before initiating new positions.
TRENT LTDAs of the latest available data, here are the intraday (1-day) support and resistance levels for Trent Ltd (NSE: TRENT), based on various technical analysis methods:
📊 Current Price Snapshot
Last Traded Price: ₹5,643.50
Day’s High: ₹5,728.00
Day’s Low: ₹5,625.00
Volume Weighted Average Price (VWAP): ₹5,652.07
52-Week Range: ₹4,196.00 – ₹8,345.00
Market Capitalization: ₹2.01 trillion
Beta: 1.35
Volatility: 1.83%
20-Day Average Volume: 1,297,570 shares
20-Day Average Delivery Percentage: 27.80%
Book Value Per Share: ₹131.64
Dividend Yield: 0.09%
Face Value: ₹1.00
Upper Circuit Limit: ₹6,222.50
Lower Circuit Limit: ₹5,091.50
All-Time High: ₹8,345.00
All-Time Low: ₹5.13
Previous Close: ₹5,657.00
Open Price: ₹5,656.00
Volume: 1,440,608 shares
Trade Value: ₹81,300.71 lakhs
Closing Price: ₹5,643.50
Price Change: -₹13.50 (-0.24%)
Date: May 30, 2025
🔧 Intraday Support & Resistance Levels
Classic Pivot Points
Pivot Point: ₹5,665.50
Resistance Levels:
R1: ₹5,706.00
R2: ₹5,768.50
R3: ₹5,809.00
Support Levels:
S1: ₹5,603.00
S2: ₹5,562.50
S3: ₹5,500.00
Fibonacci Pivot Points
Pivot Point: ₹5,665.50
Resistance Levels:
R1: ₹5,704.85
R2: ₹5,729.15
R3: ₹5,768.50
Support Levels:
S1: ₹5,626.15
S2: ₹5,601.85
S3: ₹5,562.50
Camarilla Pivot Points
Pivot Point: ₹5,665.50
Resistance Levels:
R1: ₹5,652.94
R2: ₹5,662.38
R3: ₹5,671.82
Support Levels:
S1: ₹5,634.06
S2: ₹5,624.62
S3: ₹5,615.18
📈 Additional Technical Insights
Short-Term Support & Resistance:
Support: ₹5,603 – ₹5,563 – ₹5,500
Resistance: ₹5,706 – ₹5,769 – ₹5,809
Volume-Based Levels:
Support: ₹5,172.50
Resistance: ₹5,576.75
🧭 Trading Outlook
Trend: Positive
Recommendation: If holding long positions, continue to hold with a daily closing stop-loss of ₹5,528. Fresh short positions can be considered if TRENT closes below ₹5,528.
HOME FIRST FIN CO IND LTD#HOMEFIRST
This is not a buy or sell recommendation only for educational purposes and I am not a SEBI registered.
Entry above :1315 on closing monthly candle
SLL: 1227
SWING TRADING TARGET: 1385-1679-1777
Based on a comprehensive analysis of Home First Finance Company India Ltd. (NSE: HOMEFIRST), here is an in-depth evaluation encompassing its fundamental performance, institutional investment trends, and suitability for long-term investment or swing trading strategies.
Fundamental Analysis
Financial Performance
Revenue & Profitability: The company has demonstrated robust financial growth, with annual revenue increasing from *242 million in FY2016 to *11.57 billion in FY2024. The net profit margin stood at 23.9% in Q3 FY25, indicating efficient operations and profitability.
Asset Quality: As of December 31, 2024, the total asset value was ₹11,309 crore, reflecting a strong asset base. The company maintains a healthy capital adequacy ratio (CRAR) of 36.2%, showcasing financial stability.
Return Metrics: The Return on Equity (ROE) improved to 14.41% in FY2024, up from 12.56% in FY2023, indicating enhanced shareholder value creation.
Institutional Investment Trends
Promoter Holdings: There has been a notable reduction in promoter holdings, decreasing from 23.38% to 14.31% in the quarter ending December 2024. Institutional Investors: Institutional investors have significantly increased their stake, rising from 37.98% to 56.19% in the same period, indicating growing confidence among large investors.
Technical Indicators
Moving Averages: The stock is trading close to its 50-day Simple Moving Average (SMA) of *996.03 and 200-day SMA of ₹1,051.20, suggesting a neutral trend. Momentum Indicators: The Relative Strength Index (RSI) is at 54.75, indicating a neutral momentum. The Money Flow Index (MFI) at 74.85 suggests strong buying pressure.
Investment Considerations
Long-Term Investment
Home First Finance exhibits strong fundamentals, consistent growth, and increasing institutional interest, making it a viable option for long-term investment. Analysts have set a 12-month average target price of ₹1,239.81, representing an upside potential of approximately 24.86% from the current price.
Swing Trading
For swing trading, the stock's current technical indicators suggest a neutral trend. Traders should monitor key support and resistance levels and consider market volatility before initiating short-term positions.
* Conclusion
Home First Finance Company India Ltd. presents a compelling investment opportunity, backed by strong financial performance and growing institutional interest. While the stock shows potential for long-term growth, swing traders should exercise caution and rely on technical analysis for entry and exit points. If you have specific queries regarding the monthly chart or require further analysis, please provide the chart details, and I will be glad to assist you further.
BDL - Let's welcome the new entrant to F&O
CMP: 1985
TF: 144 minutes
Chart is about to complete the 3rd wave from the lows of 890. Internal counts are marked for better understanding.
This upmove can get terminated at around 2100-2150 levels most likely.
38% retracement from 2150 levels is at around 1650-1670; we can target that for the 4th wave bottom. 1650 range is also happens to be the channel bottom/trendline support and also we can spot FVG at the same level.
For the 5th wave up, we are looking at 2360 as per the Harmonic pattern copied below.
Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
Buy Grasim Industries
Grasim Industries had completed first motive/impulse wave after the Sep-March correction.
After the 5-wave motive structure, the stock has been undergoing correction in the form of a zigzag, which is a 5-3-5 structure (marked conventionally as ABC).
The chart has all the wave markings.
The stock is likely to complete correction 'shortly' (end of wave C, i.e. third wave of the zigzag).
Buy on completion of correction.
Happy Trading.
Elliott Wave Analysis – XAUUSD H1 30/05/2025
🔍 Wave Structure Update
As of now, price has broken above the X wave high and is undergoing a retracement. This is a positive signal, suggesting that Wave 1 (black) of the larger green impulsive wave may have completed. Currently, price is likely in Wave 2 (black) – offering a good opportunity to position for the upcoming Wave iii (green).
Within Wave 2, we expect classic corrective structures such as zigzag or flat to form. Based on current price action, a short-term bounce followed by another leg down is anticipated to complete the corrective phase.
🎯 Potential Wave 2 Target Zones
• Target 1: 3290
• Target 2: 3272
❗ If price drops further to 3245, the assumption that Wave 2 has ended may be invalid. In that case, the broader correction could continue toward 3215 (Wave Y target).
📈 Momentum Outlook
D1 Chart: Momentum shows signs of reversal to the upside – supporting a bullish bias for the coming week.
H4 Chart: Momentum is weakening, suggesting price may move sideways or pull back today as part of Wave 2 development.
H1 Chart: Currently oversold, indicating a likely short-term bounce or sideways movement to maintain this oversold condition until H4 also reaches oversold.
🧭 Trading Plan
🔹 Scalp Buy
• Entry: 3291 – 3289
• SL: 3286
• TP1: 3306
• TP2: 3324
• TP3: 3346
🔹 Main Buy Zone
• Entry: 3272 – 3269
• SL: 3262
• TP1: 3290
• TP2: 3324
• TP3: 3373
Zigzag in Play- Can Wave C deliver the goods for ESCORTS KUBOTA?ESCORTS KUBOTA – A Zigzag Taking Shape
Structure Summary:
ESCORTS may be unfolding a classic Zigzag correction (5–3–5) from the low at ₹2,825.20. Wave A formed a clean leading diagonal. Wave B is currently developing and is expected to end near the 0.382–0.5 retracement of Wave A.
If this structure holds, we could soon see a powerful Wave C impulse aiming for the 4,000+ zone.
Elliott Wave View:
Wave A : Leading diagonal from ₹2,825.20 to ₹3,616.60
Wave B : Still developing – may complete near ₹3,233.80 (0.5 retracement)
Wave C : Expected to be a 5-wave impulse targeting:
₹4,025.60 (1.0 × Wave A)
₹4,514.70 (1.618 × Wave A)
Key Levels to Watch:
Wave B Support Zone: ₹3,233–₹3,102
Target 1: ₹4,025.60 (equal to Wave A)
Target 2: ₹4,514.70 (1.618 × Wave A)
Invalidation : Below ₹3,102 → Zigzag scenario fails, alternate count required
Note:
Wave C, if it triggers, should develop as a 5-wave impulse. Price action around the retracement zone will decide whether bulls still have control.
Disclaimer:
This is part of the educational WaveTracker series. It is not a trading recommendation.
Always DYOR and manage risk wisely.