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NDR AUTO COMPONENTS LTDAs of June 3, 2025, NDR Auto Components Ltd (NSE: NDRAUTO) is trading at ₹994.50. 📊 Daily Support and Resistance Levels Based on pivot point analysis: Support Levels: S1: ₹949.17 S2: ₹933.58 S3: ₹917.17 Resistance Levels: R1: ₹981.17 R2: ₹997.58 R3: ₹1,013.17 The central pivot point is at ₹965.58. 📈 Technical Overview Trend: The stock has shown strong upward momentum, rising approximately 47% over the past month. Technical Indicators: Currently trading above key resistance levels, suggesting bullish sentiment. Volatility: With a beta of 1.92, the stock exhibits higher volatility compared to the market. 🔍 Additional Insights NDR Auto Components recently reported a 41.17% increase in net profit for the March 2025 quarter, indicating strong financial performance. Please note that stock prices are subject to market risks and can change rapidly. It's advisable to consult with a financial advisor before making investment decisions.
NSE:NDRAUTOLong
by TechnicalExpress
NIFTY50 & NIFTYBANK#NIFTY50 #NIFTYBANK This is not a buy or sell recommendation only for educational purposes and I am not a SEBI registered. Indian Stock Market Outlook - Wednesday, June 4, 2025 Market Overview Nifty 50 closed at 24,542.5 on June 3, 2025. Bank Nifty closed at 55,599.95 on June 3, 2025. The Indian equity markets experienced a downturn on June 3, 2025, with both Nifty 50 and Bank Nifty closing lower. This decline was attributed to weak global cues and rising concerns over stretched valuations. Global and Domestic Factors Impacting Today's Session US Tariffs: The announcement of new tariffs by the US led to a spike in steel and aluminium prices, affecting global markets and causing shares of foreign steelmakers to slump. RBI Monetary Policy: The Reserve Bank of India's three-day Monetary Policy Committee meeting commenced on June 3, with the outcome expected on June 6. Investors are cautious ahead of the policy announcement. FII Outflows: Foreign Institutional Investors have been aggressively offloading Indian equities, pulling out over *1 lakh crore so far in 2025, leading to increased market volatility. Technical Levels Nifty 50: Support: 24,400 Resistance: 24,700 Bank Nifty: Support: 55,000 Resistance: 56,500 Sectoral Performance Underperforming Sectors: Finance and IT sectors faced significant declines due to global trade concerns and valuation pressures. Resilient Sectors: Infrastructure and defense sectors are expected to remain resilient, driven by government initiatives and increased spending. ✰ Stocks in Focus 1. Tata Motors: Announced a dividend, attracting investor attention. 2. TCS: Declared a stock split and bonus issue, making it a stock to watch. 3. Larsen & Toubro (L&T): Expected to benefit from India's focus on infrastructure development and government projects. 4. HDFC Bank: Analysts favor top-tier banks like HDFC Bank amidst current market conditions. 5. Infosys: IT sector under pressure, but Infosys remains a key player to monitor for potential recovery. Market Sentiment The market sentiment remains cautious with a bearish bias due to global uncertainties and domestic policy expectations. Traders are advised to stay vigilant and consider risk management strategies during this period. Upcoming Events June 6, 2025: RBI Monetary Policy announcement. Disclaimer: This newsletter is for informational purposes only and does not constitute financial advice. Please consult with a financial advisor before making any investment decisions.
NSE:NIFTYLong
by TechnicalExpress
USDJPY – Rebounding from Support after Positive PMI DataIn the latest session, USDJPY is gradually regaining its upward momentum after the US released a better-than-expected manufacturing PMI. The data suggests that the US industrial sector remains strong, reducing pressure on the Fed to ease policy. As a result, the US dollar benefited, lifting USDJPY off its recent technical bottom. On the H4 chart, the pair is trading within a sideways range between 142.200 and 144.800. Each time it approaches the 142.200 level, buying pressure returns, forming a solid support zone. Although EMA 34 and EMA 89 are slightly sloping downward, the signals are not strong enough to break the current accumulation structure. Expected scenario: if the price continues to hold above the 142.200 support zone and forms a solid accumulation pattern, USDJPY is likely to bounce toward the 144.800 area – which may act as the next short-term resistance. On the contrary, if the support breaks, the structure could shift into a more bearish outlook.
Long
by Rocky_trade_
MARKET WAITS FOR TRUMP–XI TRADE CALL XAUUSD PLAN – JUNE 3XAUUSD PLAN – JUNE 3 | GOLD CORRECTS AFTER $100 SURGE | MARKET WAITS FOR TRUMP–XI TRADE CALL After an explosive $100+ rally earlier this week, gold has entered a sharp correction phase, dropping $30 during the Asian session. This pullback comes as the market anticipates a high-level trade call between former President Trump and President Xi Jinping, which could reshape short-term expectations around US–China relations and global risk sentiment. 🌍 MACRO CONTEXT – POLITICS MEETS FINANCE: The upcoming Trump–Xi call is expected to guide markets over the next few sessions and may impact trade risk positioning. Investors have begun profit-taking following the aggressive rally, leading to temporary risk-off sentiment and cash-out flows. From an Elliott Wave perspective, wave 3 (the strongest wave) may have completed, and price could now retrace into lower FVG zones to gather liquidity for the next upward move. 📈 TECHNICAL STRUCTURE (H1–H4 – EMA 13/34/89/200): On higher timeframes (H4 and D1), gold maintains a strong bullish structure. Price appears to have peaked near 3,402 – 3,409, and is now retracing toward the key FVG support zone between 3,320 – 3,310. EMAs are beginning to compress after a strong expansion – suggesting the market may consolidate or correct further in the short term. 🧭 KEY PRICE LEVELS: Support: 3,346 – 3,340 – 3,318 – 3,310 – 3,295 Resistance: 3,374 – 3,388 – 3,402 – 3,410 🔍 TRADE SETUPS: 🔵 BUY ZONE: 3,320 – 3,318 Stop Loss: 3,314 Take Profits: 3,324 – 3,328 – 3,332 – 3,336 – 3,340 – 3,344 – 3,350 – 3,360 – 3,374+ Buy on dips into the liquidity zone or after confirmation candles near EMA13–34 support. Ideal entry for positioning ahead of a potential wave 5 continuation. 🔻 SELL ZONE: 3,388 – 3,390 Stop Loss: 3,394 Take Profits: 3,384 – 3,380 – 3,376 – 3,370 – 3,366 – 3,360 – 3,350 Sell only if there is a strong rejection or bearish divergence near the recent highs – this zone marks the top of wave 3 and potential exhaustion. 📌 SUMMARY: Gold’s macro structure remains bullish, but short-term corrections are expected. Price may dip into FVG zones to absorb liquidity before launching the next move. Avoid FOMO and follow technical zones with disciplined SL.
OANDA:XAUUSDShort
by MMFlowTrading
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_