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Wave Analysis

IOLCP positionally looking goodIOL CHEM AND PHARMA LTD (Weekly Chart) – Key Points Trend: The stock has finished a long consolidation (Wave ④) and is starting a new upward rally (Wave ⑤ expected). Price Movement: Current price: ₹101.47 after a recent sharp rise. Important resistance to watch: ₹120–₹130 zone. Momentum (RSI): RSI at 67.59 — shows strong momentum. Volume: Rising volume near breakout, supporting the current price move. Possible Scenarios: If price breaks above ₹120–₹130 with good volume: Likely starts a new strong rally (Wave ⑤). Possible targets: ₹210–₹360. If resistance holds and RSI turns overbought: Short-term pullback or pause likely. Support to watch: ₹90–₹100. Summary: The setup is bullish, but key resistance and overbought risks need monitoring before any new major upswing.
NSE:IOLCPLong
by siddhantsamaiya
GBPUSD Elliott Wave Insight Bounce Should Fail Into Support ZoneThe GBPUSD is trading in higher high sequence from 9.22.2022 low in weekly. The bounce is corrective Elliott Wave sequence & expect further upside. It favors pullback in proposed 7 swings from 7.01.2025 high & extend into 1.3162 – 1.2898 area, while below 7.23.2025 high. It should find buyers into extreme area for next leg higher in daily or at least 3 swings bounce. In 4-hour, it started correcting lower from 7.01.2025 high. It ended W at 1.3362 low of 7.16.2025 & X at 1.3589 high of 7.23.2025 each in 3 swings. Below X high, it favors downside in Y in 3 swings as it broke below 7.16.2025 low, expecting into extreme area. Within W, it ended ((a)) at 1.3523 low, ((b)) at 1.3620 high & ((c)) at 1.3362 low. Above there, it placed ((a)) at 1.3486 high, ((b)) at 1.3371 low & ((c)) as X connector at 1.3589 high. The double correction unfolds in 3-3-3 structure, which will complete, when current bounce fails below 7.23.2025 high to new low into extreme area. It ended ((a)) of Y into 0.618 – 0.764 Fibonacci extension area of W & expect 3 or 7 swings bounce in ((b)). Below X high, it placed ((a)) of Y at 1.3305 low & favors bounce in ((b)) in 3 or 7 swings against 7.23.2025 high. Within ((a)), it ended (i) at 1.3528 low, (ii) at 1.3563 high, (iii) at 1.3413 low, (iv) at 1.3543 high & (v) at 1.3305 low. Above there, it favors bounce in (a) of ((b)) and expect small upside before it should pullback in (b). The next pullback in (b) should stay above 1.3305 low choppy price action before continue upside in (c). Ideally, ((b)) can bounce between 1.3413 – 1.3481 area as 0.382 – 0.618 Fibonacci retracement of ((a)) before continuing lower. Wave ((b)) bounce expect to fail below 1.3591 high before extending lower in ((c)) into 1.3162 – 1.2898 to finish double correction. Because of higher high in daily since September-2022 low, it should find buyers in extreme area to resume higher. It expects sideways to higher until FOMC event followed by selloff, while bounce fail below 7.23.2025 high. We like to buy the pullback into extreme area for next leg higher or at least 3 swings reaction.
by Elliottwave-Forecast
#Nifty directions and levels for July 30th:Good morning, friends! 🌞 Here are the market directions and levels for July 30th: There have been no major changes in the global market. The global sentiment remains moderately bullish, while the local market continues to show a bearish tone. Today, Gift Nifty indicates a gap-down opening of around 40 points. What can we expect today? In the previous session, both Nifty and Bank Nifty took a solid pullback after the gap-down start. However, neither of them broke the 38% Fibonacci level in the current swing. So, unless the 38% level is broken, we should continue to approach the market with a bearish view. At the same time, key parameters have been lagging recently, which has made it difficult for the market to take a clear direction. My primary expectation is consolidation within the previous day's range. However, if the market breaks the bottom with a solid structure, then we can expect the correction to continue.
NSE:NIFTY
by Manickamtraders
8
#Banknifty directions and levels for July 30th: What can we expect today? In the previous session, both Nifty and Bank Nifty took a solid pullback after the gap-down start. However, neither of them broke the 38% Fibonacci level in the current swing. So, unless the 38% level is broken, we should continue to approach the market with a bearish view. At the same time, key parameters have been lagging recently, which has made it difficult for the market to take a clear direction. My primary expectation is consolidation within the previous day's range. However, if the market breaks the bottom with a solid structure, then we can expect the correction to continue.
NSE:BANKNIFTY
by Manickamtraders
HIMS WEEKLY TRADE IDEA (7/29/25)* **💊 HIMS WEEKLY TRADE IDEA (7/29/25)** **🔥 Bullish Flow + Rising RSI + Institutional Volume** **📈 Trade Setup** • **Stock**: \ NYSE:HIMS • **Direction**: CALL (LONG) • **Strike**: \$64.00 • **Entry**: \$0.92 • **Target**: \$1.38 • **Stop**: \$0.46 • **Size**: 2 contracts • **Expiry**: Aug 1, 2025 (3DTE) • **Confidence**: 80% • **Entry Timing**: Market Open --- **🧠 Why This Trade?** ✅ **Call/Put Ratio = 1.37** → Bullish sentiment ✅ **RSI Daily: 65.2 / Weekly: 61.3** → Momentum building ✅ **1.8x Weekly Volume Surge** → Institutional accumulation ✅ **\$64C OI = 2,616** → High liquidity + interest ⚠️ **Gamma Risk + Fast Decay** → Time-sensitive play --- **🎯 Strategy** → Play the momentum spike into expiry → Exit quickly on profit target or 50% stop **#OptionsTrading #HIMS #SwingTrade #EarningsPlay #TradingViewSetup #FlowTrade**
NYSE:HIMSLong
by quantsignals
EURUSD(20250730) Today's AnalysisMarket News: According to a Reuters/Ipsos poll, Trump's approval rating has fallen to 40%, the lowest level since his second term. Technical Analysis: Today's Buy/Sell Levels: 1.1554 Support and Resistance Levels: 1.1634 1.1604 1.1584 1.1523 1.1504 1.1474 Trading Strategy: If the price breaks above 1.1584, consider entering a buy position, with the first target price at 1.1604. If the price breaks below 1.1554, consider entering a sell position, with the first target price at 1.1523.
Long
by NicolaZhu
EUR/USD Slips Again – Just a Pullback or More to Come?Hey everyone! Great to have you back for another market chat today. As of writing, EUR/USD remains under significant bearish pressure, currently trading near 1.154 — marking a rather gloomy start to the new trading week. The euro is clearly struggling to attract buying interest as traders reassess the ECB’s stance and digest the newly announced EU–US trade agreement. Meanwhile, the U.S. dollar is gaining momentum, flipping the trend unexpectedly. From a technical perspective, EUR/USD is showing clear weakness. The pair has broken below both its rising wedge and previous uptrend line, with candles closing firmly lower — a strong sign that the bears are in control. In my personal view, I expect EUR/USD to continue sliding toward the next two support zones, although a minor pullback could occur first as part of a typical correction. But what do you think? Is this just a dip… or the start of something bigger for EUR/USD? Let me know your take in the comments!
Short
by Kevinn_Nguyen
July 30, 2025 - XAUUSD GOLD Analysis and Potential Opportunity🔍 Key Levels to Watch: • 3384 – Resistance • 3375 – Key resistance • 3365 – Resistance • 3345 – Resistance • 3336 – Resistance • 3325 – Key support • 3310 – Support • 3300 – Psychological level • 3283 – Major support • 3275 – Support • 3265 – Support 📈 Intraday Strategy: • SELL if price breaks below 3325 → target 3320, then 3315, 3310, 3300 • BUY if price holds above 3330 → target 3336, then 3345, 3350, 3356 👉 If you find this helpful or traded using this plan, a like would mean a lot and keep me motivated. Thanks for the support! Disclaimer: This is my personal view, not financial advice. Always use proper risk control.
OANDA:XAUUSD
by Ombabibi
Nightly $SPY / $SPX Scenarios for July 30, 2025🔮 Nightly  AMEX:SPY  /  SP:SPX  Scenarios for July 30, 2025 🔮 🌍 Market‑Moving News 🌍 🧭 Fed Holds Steady Amid Uncertainty As the FOMC enters its July 29–30 meeting, the Fed is expected to keep rates unchanged at 4.25%–4.50%, even as one or two governors may dissent in favor of rate cuts amid mixed economic data. Recent strength in consumer spending contrasts with weakness in housing and construction. 🌐 U.S.–China Trade Talks Resumed in Stockholm Talks are under way aimed at extending the tariff truce before the August 12 deadline. Both sides described progress as constructive, though analysts remain cautious on the timeline and potential outcomes. 🛢️ Oil Up / Dollar Firmer, But Risks Remain Brent crude hit ~$72.50/barrel (+3.5%) while WTI rose to ~$69.20 on a mix of geopolitical tension (possible new Russia tariffs) and trade optimism. The U.S. dollar edged higher following the U.S.–EU trade agreement. 📈 IMF Revises Up Global Growth—but Flags Tariff Risks The IMF raised its 2025 growth forecast to 3.0% and maintained 3.1% for 2026, citing pre-emptive consumer demand—but warned that ongoing U.S. tariffs and policy inconsistency could dampen momentum. 📊 Key Data Releases & Events 📊 📅 Wednesday, July 30: FOMC Rate Decision & Powell Press Conference The Fed is expected to hold interest rates steady. Powell’s remarks will be closely watched for signals on the timing of future cuts and views on inflation and labor markets. Advance Q2 U.S. GDP Estimate The first look at Q2 growth is expected around +1.9% YoY, potentially validating a rebound after Q1’s contraction. June PCE & Core PCE (Personal Consumption Expenditures Index) The Fed's preferred inflation gauge. Markets will monitor if core inflation remains elevated, which may reinforce policy caution. ⚠️ Disclaimer: This summary is for educational and informational purposes only—it is not financial advice. Always consult a licensed financial advisor before making investment decisions. 📌 #trading #stockmarket #economy #Fed #GDP #inflation #trade #tariffs #markets
AMEX:SPYShort
by TrendTao
2
WULF / 3hNASDAQ:WULF continued to consolidate sideways today, in line with expectations, with no material change to the broader outlook. The narrowing price action supports the current wave structure—specifically, a completed triangle in wave iv (circled), likely preceding the anticipated final advance of approximately 33% in wave v (circled) of the ongoing Minor degree wave C. The Fibonacci extension target at 6.93 remains valid. Trend Analysis  >> Upon completion of Minor degree wave C, the countertrend advance of Intermediate degree wave (B), which has been unfolding since April 9, is likely to give way to a decline in wave (C) of the same degree. This downtrend might begin in the coming days and potentially extend through the end of the year!! NASDAQ:WULF   CRYPTOCAP:BTC   BITSTAMP:BTCUSD   MARKETSCOM:BITCOIN #CryptoStocks #WULF #BTCMining #Bitcoin #BTC
NASDAQ:WULF
by ElliottChart
RPL/USDThas spent over 100 days in consolidation, and is now beginning to break through major resistance levels, signaling a structural shift in momentum. Price is currently forming a new base support above the breakout zone, indicating strong buyer interest and commitment to higher prices. This behavior reflects a classic breakout-retest pattern, where bulls defend newly claimed levels, aiming to build a bullish continuation structure. With market strength aligning, RPL looks poised for a sustained upcoming rally.
Long
by Captain-MAO