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INDIAN BANKAs of the close on June 2, 2025, Indian Bank (NSE: INDIANB) traded at ₹646.80, up 4.72% from the previous close of ₹617.65. 📊 Intraday Support and Resistance Levels Based on technical analysis, here are the key intraday support and resistance levels for Indian Bank: Support Levels: ₹620 ₹600 ₹585 Resistance Levels: ₹650 ₹670 ₹700 These levels are derived from recent price action and technical indicators. The stock has broken a strong resistance at ₹585 and is expected to move up further. 🧠 Analyst Insights Technical indicators suggest a bullish trend for Indian Bank. The stock is trading above its key moving averages, indicating positive momentum. Analysts recommend monitoring the ₹650 resistance level closely; a decisive move above this could lead to further upside towards ₹670 and ₹700. 📈 Summary Current Price: ₹646.80 Support Levels: ₹620, ₹600, ₹585 Resistance Levels: ₹650, ₹670, ₹700
NSE:INDIANBLong
by TechnicalExpress
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.
NSE:YESBANKLong
by TechnicalExpress
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
BSE:SENSEX
by TechnicalExpress
Gold: Signs of exhaustion after the surge?We’ve just witnessed a fairly impressive rally in gold at the start of the week — not too surprising given that the latest JOLTS data showed a slowdown in U.S. job openings, coupled with a sudden escalation in U.S.–China trade tensions. With growing risk aversion, it’s no wonder investors are turning to gold as a “safe haven.” But here’s the catch: is this rally sustainable? On the H4 chart, gold has just revisited the old resistance zone around 3,384 — a level that previously pushed prices sharply lower. As price approached this zone, we started seeing upper wick rejections, signaling that buying momentum is fading. A possible scenario: If price fails to decisively break above 3,384 and continues to get rejected on subsequent retests, there’s a high chance gold may pull back toward the support area around 3,288. This is also the “lifeline” zone near the EMA 34–89, which may act as short-term support.
OANDA:XAUUSDShort
by Rocky_trade_
Advanced Trading part 1Advanced trading encompasses sophisticated strategies, tools, and techniques used by experienced traders to navigate financial markets effectively. It often involves a deeper understanding of market dynamics, technical analysis, and the use of advanced instruments like options and futures. Traders who embrace advanced trading seek to improve their performance and potentially increase profits by leveraging a broader range of tools and strategies.
NSE:CNXFINANCEEducation
by SkyTradingZone
8
BULLISH GAP CONFIRMS BREAKOUT STRUCTUREXAUUSD PLAN – JUNE 2 | BULLISH GAP CONFIRMS BREAKOUT STRUCTURE | GOLD REGAINS SAFE-HAVEN DEMAND The new trading week kicks off with a strong bullish gap in gold, signaling renewed investor confidence in safe-haven assets amid rising geopolitical tensions. With the US dollar showing early signs of weakness and no clear direction from the Fed, gold is quickly regaining strength as a defensive play. 🌍 MACRO CONTEXT: US–China trade tensions and renewed Middle East geopolitical risks are pushing capital into gold as a risk hedge. The US dollar is pulling back slightly, weighed by concerns over the upcoming labor data and persistent inflation. Institutional portfolios are reportedly increasing exposure to gold as a hedge against macro instability. ➡️ In this context, gold has strong short-term upside potential, especially if price holds above the key breakout zone. 📈 TECHNICAL ANALYSIS (H1 – EMA 13/34/89/200): Price has broken out above the descending trendline and EMA200, confirming bullish momentum. All EMAs (13–34–89–200) are aligned upward, supporting continuation of the uptrend. As long as gold holds above 3,309, bulls will likely target previous highs near 3,348 and 3,361. 🔍 TRADE PLAN – JUNE 2: 🔵 BUY ZONE: 3,295 – 3,293 Stop Loss: 3,289 Take Profit Targets: 3,300 – 3,304 – 3,308 – 3,312 – 3,316 – 3,320 Ideal scenario: wait for a retest of the breakout zone or EMA support (13/34) for a low-risk long entry. 🔻 SELL ZONE: 3,347 – 3,349 Stop Loss: 3,353 Take Profit Targets: 3,343 – 3,340 – 3,336 – 3,332 – 3,328 – 3,324 – 3,320 Only consider SELL if there's a strong rejection or bearish divergence at the highs. 📌 SUMMARY: The bullish gap at the start of the week is a strong signal of trend continuation. Priority should be given to long setups if the price structure stays above key EMAs. Watch for potential fakeouts during NY session or Fed-related headlines. Stick to tight risk management.
OANDA:XAUUSDLong
by MMFlowTrading
2
Database Trading **Database trading**, often referred to as **algorithmic trading** or **quantitative trading**, involves using large sets of structured data to make trading decisions and execute trades automatically. It relies heavily on databases to store, process, and analyze market data (historical prices, volumes, order books, etc.) and other relevant information (like economic indicators, news, etc.). The goal is to identify patterns, trends, or anomalies that can be leveraged for profitable trading strategies.
NSE:TCSEducation
by SkyTradingZone
4
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.
NSE:STARCEMENTLong
by TechnicalExpress
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.
NSE:NETWORK18Long
by TechnicalExpress
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.
NSE:BANKBARODALong
by TechnicalExpress