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Waiting for entry price at around 52 in HCLTech 1300PE May A pull back is possible

NIFTY. 24500CE 5th May in watchlist

Indusind T1 done 870 In options 30

Adding HCLTech 1300PE May in watchlist

Adding Nifty 24400PE 5th May in watchlist

Booked GodrejCP @37

Key levels for Nifty Immediate support:- 24460 S1: 24440 S2: 24410 S3: 24390 S4: 24365 Immediate resistance: 24500 R1: 24520 R2: 24550 R3: 24580 R4: 24600 Prices in spot

Good morning Gift Nifty trading 0.50% down from the last session's close. By the pre-market time, it is expected the gapwill be filled as GiftNifty showing the bullish signals. If that fails, we can see the price fall to 24400.

TECHNICAL TUESDAY (Educational post):- The biggest mistake traders make: ignoring market structure Markets do not trend all the time. In fact, most of the time, they move sideways in a range. This is where most traders lose money. Because they apply trend strategies in a non-trending market. In a trading range: • Breakouts often fail • Price reverses quickly • Both buyers and sellers get trapped In a trend: • Pullbacks provide better entries • Continuation setups work more reliably Practical approach: Look at the last 20–30 candles: • If price is overlapping and direction unclear → range • If clean higher highs / lower lows → trend Also observe: If breakout fails quickly, it means market is likely ranging. Be careful and apply strategies apt for a wide market. Most losses don’t come from bad entries, but from trading with correct rules in the wrong market conditions.

Xau 1.4% down 🔻

XAUUSD BEARISH bias started! https://whatsapp.com/channel/0029VanXIFTAzNbzxU4hF62L/4617

Its a private analysis for XAUUSD as our indicator is included in this analysis. Don’t forget to share this to those who are into XAUUSD/GOLD trading as I have explained the chart in as easy as possible manner. https://www.tradingview.com/chart/XAUUSD/gTiYWaKe-Technical-Analysis-for-GOLD-21-4-26/

Booked @31.85

Spot target done in GodrejCP 1130

If anyone don't want to risk the profit run, can book GodrejCP as option tgt is done 27

C/F-ing all trades

Those u missed the entry can take it now as the CMP is 1538 or if you want to have a safe entry, then wait for till 1500 to 4090 CMP in Options for 57,200 CE bank nifty may expiry. This is a position trade, so it will need patience to reach the target levels

Bought Banknifty 57200CE May expiry *Positional trade so avoid if cap is small* Bought @1489 (delivered late cmp is 1544, one can buy here also or wait for retrace till 1500) Follow the chart shared above for targets and exit plan. https://whatsapp.com/channel/0029VanXIFTAzNbzxU4hF62L/4605

Godrej cp chart explained here https://whatsapp.com/channel/0029VanXIFTAzNbzxU4hF62L/4611