YES BANK LTDAs of the close on June 2, 2025, Yes Bank Ltd. (NSE: YESBANK) ended the trading session at ₹23.28, marking an 8.38% increase from the previous close.
📊 Intraday Support and Resistance Levels
Based on recent technical analyses, here are the key support and resistance levels for Yes Bank:
Classic Pivot Points
Resistance Levels: R1: ₹24.00, R2: ₹24.71, R3: ₹26.04
Support Levels: S1: ₹21.96, S2: ₹20.63, S3: ₹19.92
Pivot Point: ₹22.67
Fibonacci Pivot Points
Resistance Levels: R1: ₹23.45, R2: ₹23.93, R3: ₹24.71
Support Levels: S1: ₹21.89, S2: ₹21.41, S3: ₹20.63
Pivot Point: ₹22.67
Camarilla Pivot Points
Resistance Levels: R1: ₹23.47, R2: ₹23.65, R3: ₹23.84
Support Levels: S1: ₹23.09, S2: ₹22.91, S3: ₹22.72
Pivot Point: ₹22.67
🧠 Analyst Insights
According to technical analysts:
A support level is identified at ₹21.30, with resistance at ₹22.90. A decisive move above ₹23 could lead to further upside towards ₹25.
The stock has crossed its key swing high near ₹22. If buying interest continues, it could see a short-term upward move, potentially reaching the ₹25–26 range. On the downside, support levels are around the ₹20–21 zone.
📈 Summary
Yes Bank's recent price action indicates a bullish trend, with the stock closing above several key resistance levels. If the stock maintains momentum above ₹23, it may target the ₹25–26 range in the near term. However, traders should monitor the support levels at ₹21.30 and ₹20.00 for potential pullbacks.
IDFC
NIFTY 50 1 DAY TIMEFRAME ANALYSISTRADING PLANE FOR 3 JUNE 2025
MARKET OVERVIEW
Market is Bullish in Bigger Timeframe
But Choppy in 5 mins TF
Bias- Buying side
High Probabilty Case for Buying:
In Morning Market Shows Strength by Testing Higher Level or Sustaining On Higher Level, then Buy on after Selling Swing Completion With Strong Support Creation
Confirmation on Engulfing Candle Form after Support Creation.
Nifty & Sensex Analysis - 3rd June 2025Nifty & Sensex Analysis - 3rd June 2025
Opening: Gap up
View: Bullish
Yesterday's recovery gave a promising sign of upside momentum and formed a Morning Star candle pattern - a classic bullish reversal signal! This suggests that the market may continue its upward journey.
Retailers who shorted the market on every rise yesterday have likely been trapped! If we open with a gap up (as indicated by Gift Nifty ? ), we may see further upside and short covering ..
Any morning dip should be treated as a buying opportunity!
Upside targets are mentioned below
Nifty: 24810, 24890, 24960, 25080
Sensex: 81480, 81790, 82040, 82370
Chart also attached for reference with support and resistance levels
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Choose Highly Liquid Stocks. ...
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STAR CEMENT LIMITEDAs of May 30, 2025, Star Cement Ltd (NSE: STARCEMENT) closed at ₹217.37. The stock experienced a slight decline of 0.46% from the previous close of ₹216.55.
📊 Daily Support and Resistance Levels (Pivot Point Analysis)
Based on pivot point analysis, the following are the key support and resistance levels for Star Cement Ltd:
Pivot Point (PP): ₹216.82
Resistance Levels:
R1: ₹218.53
R2: ₹219.92
R3: ₹221.63
Support Levels:
S1: ₹215.43
S2: ₹213.72
S3: ₹212.33
📈 Technical Overview
52-Week Range: ₹171.55 – ₹247.30
Market Capitalization: ₹8,785.66 crore
P/E Ratio: 51.96
P/B Ratio: 0.33
Volume (May 30, 2025): Approximately 141,204 shares traded
🔍 Analyst Insights
Analysts have given Star Cement Ltd a "Buy" rating for the long term.
The stock has shown a 33.69% return over six months, closing at ₹231.26 on May 20, 2025.
✅ Summary
Star Cement Ltd is currently trading near its immediate support level of ₹215.43. A breakdown below this could lead to further downside towards ₹213.72 and ₹212.33. Conversely, if the stock sustains above the pivot point of ₹216.82, it may face resistance at ₹218.53 and ₹219.92. Traders should monitor these key levels for potential trading opportunities.
NETWORK 18 MEDIA & INV LTDAs of May 30, 2025, Network18 Media & Investments Ltd (NSE: NETWORK18) closed at ₹54.54. Over the past week, the stock has shown an upward trend, appreciating approximately 11.76%.
📊 Weekly Support and Resistance Levels
Based on recent price movements and technical analysis, the following are the key support and resistance levels for the upcoming week:
Support Levels:
S1: ₹52.82
S2: ₹50.90
S3: ₹49.15
Resistance Levels:
R1: ₹55.57
R2: ₹56.61
R3: ₹57.78
These levels are derived from pivot point analysis and recent trading ranges.
📈 Technical Overview
Trend: The stock has been in an uptrend over the past week, gaining approximately 11.76%.
Volume: On May 30, 2025, the trading volume was approximately 7.23 million shares, indicating healthy investor interest.
🔍 Key Observations
Price Range: The stock traded between ₹53.16 and ₹55.40 on May 30, 2025.
52-Week Range: The stock's 52-week low is ₹39.55, and the 52-week high is ₹106.01.
✅ Summary
Network18 Media & Investments Ltd is currently exhibiting bullish momentum. Traders should monitor the ₹55.57 resistance level; a breakout above this could signal further upside potential. Conversely, if the stock retraces, it may find support around ₹52.82. As always, it's advisable to consider broader market conditions and conduct thorough research before making trading decisions.
PATANJALI FOODS LTD#PATANJALI
STOCK NAME: PATANJALI FOODS LTD (NSE)
CHART ANALYSIS:
Price has broken out of a long consolidation range. Strong bearish candles indicate downside momentum. Ideal shorting opportunity for swing traders.
TREND: DOWNTREND
SUPPORT: 1570 - 1600
RESISTANCE: *1880-1930
TRADE:
SELL BELOW 1670
Target 1: *1620
Target 2: *1575
Target 3: *1520
Stop Loss: *1750
▲ I AM NOT SEBI REGISTERED. THIS IS ONLY FOR EDUCATIONAL PURPOSES.
NIFTY 50 INDEXDate - June 2, 2025
CMP : *24,750.70
PATTERN: Cup pattern forming on weekly Chart
Price rejected from neckline : 25,000 level
All Time High: 26,277.35 (key resistance) Minor dip possible before breakout
Support near *24,400
Retest of neckline likely
Break above 25,000: bullish confirmation
Target on breakout: 26,200+
Stay cautious below : 24,400
BANK OF BARODAAs of May 30, 2025, Bank of Baroda (NSE: BANKBARODA) closed at ₹249.55, reflecting a 2.59% increase from the previous close.
📊 Monthly Support and Resistance Levels (May 2025)
Based on pivot point analysis, the following are the key support and resistance levels for Bank of Baroda for May 2025:
Support Levels:
S1: ₹238.06
S2: ₹224.04
S3: ₹198.52
Resistance Levels:
R1: ₹263.58
R2: ₹277.60
R3: ₹303.12
📈 Technical Overview
52-Week Range: ₹190.70 – ₹299.70
Recent High (May 30): ₹251.53
Recent Low (May 30): ₹242.16
Volume: Approximately 18.9 million shares traded on May 30
🔍 Analyst Insights
Nomura maintains a 'Buy' rating with a target price of ₹265, suggesting an 18% upside from the current price.
JM Financial also recommends a 'Buy' with a target of ₹250, aligning closely with the current market price.
✅ Summary
Bank of Baroda is currently trading near its immediate resistance level of ₹254.85. A breakout above this level could signal further upward momentum towards ₹260.15 and ₹268.77. Conversely, if the stock fails to sustain above ₹254.85, it may find support at ₹240.93 and ₹232.31.
Given the positive analyst outlook and current technical indicators, monitoring the stock's movement around these key levels could provide potential trading opportunities.
CONCORD BIOTECH LTDAs of May 30, 2025, Concord Biotech Ltd (NSE: CONCORDBIO) closed at ₹1,748.50, marking a 4.9% increase from the previous close of ₹1,666.90 .
Daily Support and Resistance Levels (Based on Pivot Analysis):
Pivot Point (PP): ₹1,743.97
Resistance Levels:
R1: ₹1,791.88
R2: ₹1,833.77
R3: ₹1,881.68
Support Levels:
S1: ₹1,702.08
S2: ₹1,654.17
S3: ₹1,612.28
These levels are derived from the previous day's trading range and can serve as reference points for intraday trading decisions .
Technical Indicators:
Relative Strength Index (RSI): Over 65, indicating bullish momentum.
MACD: The MACD line has crossed above the signal line, suggesting a potential upward trend.
Volume: An increase in trading volume supports the bullish sentiment.
These indicators suggest that the stock is experiencing positive momentum, but it's essential to monitor for any changes in trend .
Key Observations:
Short-Term Range: The stock is trading between ₹1,600 (support) and ₹1,800 (resistance). A breakout above ₹1,800 could signal further upside potential.
Recent Performance: The stock has shown a 15.14% increase over the past month, indicating strong short-term performance .
Conclusion:
Concord Biotech Ltd is exhibiting bullish technical indicators with key support at ₹1,600 and resistance at ₹1,800. Traders should watch for a breakout above ₹1,800 for potential upward movement, while also being cautious of any reversal signals.
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