Author: SAAHIL BELIM

MY NAME is SAAHIL and I have been actively trading in EQUITY MARKETS from 2014. I have been using Gann theory in my TRADING JOURNEY since 2016. my approach to Gann THEORY is totally different than what you may have seen or heard in various YOUTUBE VIDEOS. I have developed multiple MATHEMATICAL MODELS which are based on METHODS described by sir gann in his courses. I never had used any kind of CHARTS to identify the TREND. hens I never share CHARTS to illustrate my view. I like to keep things SHORT and to the POINt!

NIFTY UPDATE as of NOVEMBER 6th 2025

NIFTY UPDATE as of NOVEMBER 6th 2025

The NIFTY has officially confirmed the pause we expected by breaching the key 25650 support level on the spot, which, while not fundamentally damaging, certainly signals that the easy money phase is over for now. This shift brings the immediate downside focus squarely to the next major spot support at 25300. However, the long-term goal remains firmly intact: the index is still on a clear trajectory towards printing a record high above 26277 in the near future. For those focused on short-term trading, the market’s current lack of directional momentum is likely to continue, creating a “lackluster” environment until one critical level is decisively conquered: 25800. A daily closing basis above 25800 is the non-negotiable trigger required for momentum to flood back into the index, and until that happens, caution is warranted. The good news is that the analysis suggests most of the time-based pressure is almost done, meaning the period of sideways and choppy action may be nearing its end. The entire focus now rests on watching 25800—the level that will determine when the strong technical setup returns and the final push to 26277 begins.

UPDATE on SBI and INDBANK

Market Analysis: Riding the Bullish Wave in PSU Banks

The sheer momentum behind the Public Sector Banks (PSBs) sector is simply phenomenal. The market theme, which was correctly identified as far back as Late August and Mid-September, has translated into an exceptional, high-powered rally. The specific leaders, State Bank of India (SBI) and Indian Bank, have been incredible performers, having already blown past targets and establishing themselves as the absolute frontrunners.
This isn’t just a typical move; the rally is sustained by powerful tailwinds and a compelling structural shift within the sector. The technical charts are simply confirming that the underlying strength is preparing the ground for the next big leg higher, suggesting this explosive story is far from reaching its climax.
The current technical pictures for both stocks are exceptionally compelling:
State Bank of India (SBI): The target of 1000 for SBI is not just a projection—it feels like an inevitable point of magnetic attraction pulling the price higher. Trading in this wide-open, uncharted territory, the stock’s significant volume and sustained breakout power strongly suggest that the psychological 1000 mark will be the next major staging post before the dominant trend continues its powerful upward expansion.
Indian Bank (INDBANK): This one is demonstrating a remarkably aggressive technical setup that signals quick, powerful returns. The expectation for a decisive push toward 900 in the coming weeks is entirely plausible given the stock’s current trajectory. It’s displaying the classic breakout behavior of a strong bull market leader, using its current levels as a high-potential launchpad for a major surge.
In short, the technical landscape for these two banks remains overwhelmingly positive. The best-in-class price performance from these PSB leaders looks set to continue rewarding those who understood the sector’s turning point early.

RELIANCE INDUSTRIES UPDATE

The move in RELIANCE is the single most crucial factor for driving the Nifty to a new all-time high above 26277, making the upcoming results and price action paramount. The key requirement for a significant market-driving breakout rests solely on RIL clearing the critical technical zone between ₹1410 and ₹1420 on a cash basis. A decisive move past this resistance would trigger a powerful bullish breakout, immediately paving the way for potential upside targets of ₹1470 and then ₹1540 in the following sessions. With the company’s Q2 results due post-market tomorrow, the entire market’s focus will be on the outcome and the stock’s subsequent reaction, as a strong performance and breakout would easily facilitate the Nifty’s journey to fresh historical highs in the near future.

INFY OUTLOOK before results

The upcoming INFY results, due post-market today, mark the critical event that will determine the next market move, and the strategy to hold fire on longs until this volatility passes is highly judicious. Despite a clear underlying bullish bias, the lack of interest in taking a position before the outcome is sensible event-risk management. The entire long thesis is clearly hinged on a decisive cash close above the key ₹1525 resistance level. Should the expected positive results reaction materialize and force a breakout above ₹1525, it would trigger the entry signal, immediately opening up sharp upside targets of ₹1574 and subsequently ₹1623 in the following sessions. In essence, the game plan is clear: await the results, then only proceed to enter long if the stock confirms the positive news by clearing the ₹1525 technical hurdle.

TATAPOWER TECHNICAL OUTLOOK

The technical picture for TATAPOWER is signaling that a major high-conviction breakout is in the making, but the entire move is conditional on one critical price point: ₹410. This level is the final resistance barrier, and a sustained, decisive break above it will serve as the unequivocal confirmation signal for traders. The underlying strength is significant, with weekly cycles “significantly trending bullish,” providing strong foundational momentum for the rally. Once the ₹410 trigger is pulled, the immediate cash segment targets become ₹430, with the next key target set at ₹460 in the near to medium term. The strategy here is straightforward: watch the ₹410 level like a hawk, and be prepared to buy and hold to ride the expected acceleration to the upside.

NIFTY UPDATE as of October 16th 2025

The Nifty’s decisive move above 25448 is a fundamentally bullish development, injecting fresh confidence into the market structure. While that key intraday level has been breached, awaiting a convincing daily closing price higher would certainly make the entire setup far more compelling and confirm the strength of the breakout. Although the target of a fresh all-time high above 26277 was not achieved by the initial deadline of today, October 16th, the underlying view remains firmly bullish; it truly feels like it’s just a matter of time before that historic mark is conquered. On the price side, the critical psychological and technical support has now strongly shifted to the 25000 spot level. Finally, we are now entering that fascinating, massive time window from today through October 20th—this could be where the time cycle forces converge to produce the next significant directional move, so let’s keep a very close watch on how the market reacts over the next few sessions.