VOLTAS LTDVoltas India Ltd view for Intraday 8th May #VOLTAS
Resistance 1260 Watching above 1263 for upside movement...
Support area 1230 Below 1240 ignoring upside momentum for intraday
Watching below 1228 for downside movement...
Above 1240 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
HDFC
APL (APOLLO TUBES LTD)As of May 6, 2025, here are the key intraday support and resistance levels for APL Apollo Tubes Ltd (NSE: APLAPOLLO):
📊 Intraday Support & Resistance Levels
Standard Pivot Points:
Support Levels:
S1: ₹1614.17
S2: ₹1599.23
S3: ₹1580.17
Resistance Levels:
R1: ₹1648.17
R2: ₹1667.23
R3: ₹1682.17
Fibonacci Pivot Points:
Support Levels:
S1: ₹1614.17
S2: ₹1601.18
S3: ₹1593.15
Resistance Levels:
R1: ₹1635.18
R2: ₹1648.17
R3: ₹1656.20
Camarilla Pivot Points:
Support Levels:
S1: ₹1615.18
S2: ₹1612.07
S3: ₹1608.95
Resistance Levels:
R1: ₹1621.42
R2: ₹1624.53
R3: ₹1627.65
The current price of APL Apollo Tubes Ltd is trading above the Camarilla R3 and Fibonacci R1 levels, indicating strong bullish momentum. Traders may consider these levels for potential entry or exit points, keeping in mind that surpassing the R3 levels could suggest overbought conditions, while approaching S1 or S2 levels might indicate potential support zones.
BHEL (Bharat Heavy Electricals Ltd)STOCK BREAKOUT
STOCK: Bharat Heavy Electricals Ltd (BHEL)
CMP: 225
KEEP SUPPORT : 220
TARGET: 235.
In the latest short-term technical analysis, Bhel has shown a strong and consistent bullish trend, indicating the potential for an extended upward move.
The stock is currently trading at *225 and holding above a key support level at *220. This support zone serves as a critical point for risk management.
→ Given the bullish momentum, traders are advised to consider a buying opportunity with a stop-loss placed strategically at *220 to manage downside risk.
The target for this trade is set at *235, suggesting a favorable risk-to-reward ratio and a continuation of the prevailing upward trend.
Nifty Bank Index As of May 8, 2025, here are the key intraday support and resistance levels for the Nifty Bank Index (BANKNIFTY), based on various pivot point calculations:
📊 Intraday Support & Resistance Levels
Pivot Type Support Levels Resistance Levels
Classic S1: 54,125.76S2: 53,640.63S3: 53,361.36 R1: 54,890.16R2: 55,169.43R3: 55,654.56
Fibonacci S1: 54,113.03S2: 53,932.63S3: 53,640.63 R1: 54,697.03R2: 54,877.43R3: 55,169.43
Camarilla S1: 54,540.83S2: 54,470.76S3: 54,400.69 R1: 54,680.97R2: 54,751.04R3: 54,821.11
Woodie S1: 54,228.70S2: 53,692.10 R1: 54,993.10R2: 55,220.90
Demark S1: 54,265.40 R1: 55,029.80
Note: The central pivot point (PP) across these methods is approximately 54,405.03.h
🔍 Observations
Immediate Support: The 54,000–54,200 range is a crucial support zone. A breach below this could indicate a bearish trend.
Immediate Resistance: The 54,800–55,200 range serves as a significant resistance area. Sustained trading above this may suggest bullish momentum.
Technical Indicators: The Relative Strength Index (RSI) for Nifty Bank is currently in the neutral zone (45–55), indicating a balanced market without a clear bullish or bearish bias.
📈 Trading Strategy Tips
Bullish Scenario: If the index maintains levels above 54,800, it may target the 55,200–55,650 range.
Bearish Scenario: A drop below 54,000 could lead to further declines toward 53,600 or lower.
Neutral/Bounce Zone: The area between 54,400 and 54,700 is pivotal. Monitoring price action here can provide insights into potential breakouts or reversals
ADITYA BIRLA CAPITAL LTD Company Name: Aditya Birla Capital Ltd (NSE: ABCAPITAL)
Sector: Financial Services
Market Cap: Large Cap | ~₹53,000 Cr
Headquarters: Mumbai, India
Parent Group: Aditya Birla Group
🧾 Business Overview:
Aditya Birla Capital is a diversified financial services player offering a wide range of solutions across:
Lending: Personal, SME, and housing loans through Aditya Birla Finance
Asset Management: One of India's top AMC players via joint venture with Sun Life
Insurance: Life and health insurance products
Wealth & Broking: Wealth management, equity broking, and portfolio management services
💼 Key Strengths:
Strong backing of Aditya Birla Group
Wide distribution network across India
Growing AUM and diversified revenue streams
Focus on digital and retail loan expansion
📊 Stock Insight:
NSE Symbol: ABCAPITAL
52-Week Range: ₹153 – ₹225
Trend: Medium-term bullish with support near ₹209
Support and Resistance Levels (Intraday – 15M):
Immediate Resistance: ₹215.50
(Price tested this level twice, indicating strong short-term selling pressure.)
Next Resistance: ₹218.20
(Gap-fill zone; breakout above this may trigger momentum buying.)
Immediate Support: ₹211.70
(Recent bounce zone and short-term base.)
Strong Support: ₹209.50
(Multiple rejections below this level; buyers likely to defend.)
Trend Insight:
Price is consolidating in a narrow range between ₹211.70 and ₹215.50. A breakout above or below this band may set the next directional move.
Reliance Industries Ltd //15min Support and ResistanceRELIANCE INDUSTRIES LTD – 15-Minute Chart Support & Resistance
Support and Resistance Levels (Intraday – 15M):
Immediate Resistance: ₹2,870
(Recent high and intraday rejection zone)
Major Resistance: ₹2,895
(Near day's high; breakout can lead to strong momentum)
Immediate Support: ₹2,840
(Short-term base and minor bounce level)
Strong Support: ₹2,815
(Previous breakout zone; defended multiple times intraday)
Trend Insight:
RELIANCE is trading in a rising channel, with buyers stepping in around ₹2,840. Sustained move above ₹2,870 may trigger an upside breakout.
KPR MILL LTD KPR MILL LTD – 1-Day Chart Support & Resistance
Support and Resistance Levels (Daily Timeframe):
Immediate Resistance: ₹810
(Recent swing high; needs breakout for bullish continuation)
Major Resistance: ₹835
(Multi-month resistance zone; breakout can lead to a strong rally)
Immediate Support: ₹770
(Recent consolidation base; key for trend sustainability)
Strong Support: ₹745
(Previous breakout level and demand zone)
Trend Insight:
KPR Mill is in a medium-term uptrend, but facing consolidation near ₹810. A sustained close above ₹810 may trigger momentum, while ₹770 acts as a crucial support zone.
NIFTY // 4hour Support and Resistance Index Name: NIFTY 50
Exchange: NSE | Benchmark index of the Indian equity market
Constituents: 50 large-cap companies across 13 sectors
🧾 Overview:
The NIFTY 50 represents India’s top-performing blue-chip companies and acts as a barometer of the overall market health. It covers sectors like financials, IT, FMCG, energy, and auto.
💼 Key Sector Weights:
Financial Services – ~35%
IT – ~13%
Oil & Gas – ~12%
Consumer Goods – ~9%
Auto – ~6%
📊 Current Trend Insight (as of 4H chart):
Index near resistance at 22,620
Holding support at 22,350 indicates buying strength
Sustained breakout above 22,620 could lead to a move toward 22,800+
NIFTY 50 Index – 4-Hour Chart Support & Resistance
Support and Resistance Levels (4H Timeframe):
c
Trend Insight:
NIFTY is forming higher lows, indicating bullish strength. Consolidation above 22,350 strengthens the case for a breakout. Watch 22,620 for momentum entry confirmation.
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HDFC Bank ltd // 3hour Support and ResistanceAs of May 5, 2025, here are the key support and resistance levels for HDFC Bank Ltd. (NSE: HDFCBANK) based on the 3-hour chart:
📊 3-Hour Pivot Points
Level Value (₹)
S3 1,689.18
S2 1,701.12
S1 1,714.03
Pivot 1,725.97
R1 1,738.88
R2 1,750.82
R3 1,763.73
These levels are calculated based on the previous day's high, low, and close prices and are used to identify potential support and resistance zones.
📈 Technical Indicators
Relative Strength Index (RSI): 72.46 (Strong Uptrend)
Stochastic RSI: 0.92 (Strong Uptrend)
Commodity Channel Index (CCI): 130.18 (Strong Uptrend)
Money Flow Index (MFI): 86.61 (Strong Uptrend)
These indicators suggest a strong bullish momentum, indicating potential upward movement if buying interest continues.
📌 Summary
Immediate Support: ₹1,689.18
Immediate Resistance: ₹1,738.88
Medium-Term Outlook: Bullish, with strong momentum indicators and positive moving averages.
Please note that technical analysis is subject to change based on market conditions. It's advisable to monitor these levels regularly and consider consulting with a financial advisor for personalized investment advice.