ITC LTD#ITC
STOCK NAME: ITC LTD (NSE)
CHART ANALYSIS: Symmetrical triangle within an uptrend channel.
Approaching apex, breakout or breakdown will give major move. Trading near critical support.
TREND: Consolidation inside Medium-term Uptrend
SUPPORT: 413/*398
RESISTANCE: *428/440/455
TRADE SETUP:
BUY above 428 | SL 416 | Targets 440 / €455
X SELL below *413 | SL 423 | Targets ₹400 / €388
I AM NOT SEBI REGISTERED. THIS IS ONLY FOR EDUCATIONAL PURPOSE.
M-forex
SCHNEIDER ELECTRIC INFRAAs of May 29, 2025, Schneider Electric Infrastructure Ltd. (NSE: SCHNEIDER) is trading at ₹778.70, reflecting an 11.57% increase over the past 24 hours .
📊 Daily Support & Resistance Levels
Based on the latest technical analysis, the key support and resistance levels are:
Support Levels:
S1: ₹719.30
S2: ₹659.90
S3: ₹623.85
Resistance Levels:
R1: ₹814.75
R2: ₹850.80
R3: ₹910.20
These levels are derived from the price range of the previous trading day .
🔍 Technical Indicators Overview
Relative Strength Index (RSI): 79.38 – Indicates overbought conditions.
MACD (12,26): 27.62 – Suggests bullish momentum.
ADX: 28.53 – Points to a strong trend.
Stochastic Oscillator: 90.63 – Suggests overbought territory.
Rate of Change (ROC): 25.57 – Indicates strong upward momentum.
Supertrend: 634.53 – Below current price, indicating bullish trend.
Parabolic SAR (PSAR): 646.47 – Below current price, supporting bullish sentiment.
These indicators collectively suggest a strong bullish trend for Schneider Electric Infrastructure Ltd. .
📈 Market Sentiment
The technical indicators collectively suggest a strong bullish sentiment for Schneider Electric Infrastructure Ltd. However, the RSI and Stochastic Oscillator indicate that the stock is in overbought territory, which may lead to a short-term correction. Investors should monitor the support and resistance levels closely for potential breakout or pullback scenarios.
Please note that stock market investments are subject to market risks, and it's essential to conduct thorough research or consult with a financial advisor before making investment decisions.
KIRL OSKAR INDUSTRIES LTDAs of May 28, 2025, Kirloskar Industries Ltd. (NSE: KIRLOSIND) is trading at ₹3,739.20, marking a 6.03% increase from the previous close .
📊 Daily Support & Resistance Levels (Classic Pivot Points)
Based on the latest technical analysis, the key support and resistance levels are:
Support Levels:
S1: ₹3,666.70
S2: ₹3,630.20
S3: ₹3,607.00
Resistance Levels:
R1: ₹3,726.40
R2: ₹3,749.60
R3: ₹3,786.10
These levels are derived from the price range of the previous trading day .
📈 Technical Indicators Overview
Relative Strength Index (RSI): 77.5 – Indicates overbought conditions.
MACD (12,26): 47.84 – Suggests bullish momentum.
Commodity Channel Index (CCI): 165.79 – Points to strong upward movement.
Moving Averages: The stock is trading above its 5-day, 10-day, 20-day, 50-day, 100-day, and 200-day simple and exponential moving averages, indicating a strong bullish trend .
🔍 Market Sentiment
The technical indicators collectively suggest a strong bullish sentiment for Kirloskar Industries Ltd. However, the RSI indicates that the stock is in overbought territory, which may lead to a short-term correction. Investors should monitor the support and resistance levels closely for potential breakout or pullback scenarios.
Please note that stock market investments are subject to market risks, and it's essential to conduct thorough research or consult with a financial advisor before making investment decisions.
MANGLORE REFINERY & PETROCHEMICALS LIMITEDAs of May 29, 2025, Mangalore Refinery & Petrochemicals Ltd. (MRPL) is trading at ₹148.83, reflecting a 5.82% increase over the past 24 hours .
📊 Daily Support & Resistance Levels
Based on technical indicators and pivot point analysis, here are the key support and resistance levels for MRPL:
Support Levels:
₹135.08 – Identified as a significant support level across multiple analyses .
₹138.76 – Another support level noted in recent technical assessments .
₹142.37 – Derived from Fibonacci retracement levels .
Resistance Levels:
₹153.75 – Recognized as a primary resistance point .
₹158.68 – A higher resistance level based on pivot point calculations .
₹165.55 – An upper resistance level identified through standard pivot analysis .
🔍 Technical Indicators Overview
Relative Strength Index (RSI): The RSI is currently hovering around 50, indicating a neutral momentum. Values between 45 and 55 suggest a lack of strong bullish or bearish trends .
Moving Averages: MRPL is trading above its 200-day Exponential Moving Average (EMA), which is generally considered a bullish sign, suggesting potential upward momentum .
📈 Market Sentiment
The recent price movement and technical indicators suggest that MRPL is experiencing a neutral to mildly bullish trend. Traders should monitor the support and resistance levels closely for potential breakout or breakdown scenarios.
Please note that stock market investments are subject to market risks, and it's essential to conduct thorough research or consult with a financial advisor before making investment decisions.
Gold Major Support in Focus: Will It Hold or Slide Further?Gold is testing a major support zone around 3260–3280 after breaking down from trendline support and following up with another red candle.
This breakdown suggests that the recent bullish momentum has faded, and now we have to wait to see if this support can hold. If it doesn’t, the next downside target looks to be around 3130–3155, with even 3000 as a longer-term possibility if the pressure continues. Right now, I’m staying out of any trades, preferring to wait and see if this support zone can provide a bounce or if we’re heading for deeper levels. The price action isn’t giving any clear reversal signs at current area as of now and wee have to assess this on week closing basis.
GOLD TRADING INSIDE COMPRESSION ZONE WAITING FOR A CLEAR BREAK XAUUSD PLAN – MAY 27 | GOLD TRADING INSIDE A COMPRESSION ZONE – WAITING FOR A CLEAR BREAKOUT
Gold continues to consolidate below the 3,364 resistance zone after a rejection late last week. The market is currently trading within a compression range, preparing for a breakout – but direction still depends heavily on macro triggers and technical structure.
🌍 MACRO CONTEXT:
U.S. 10-year yields remain above 4.5%, keeping the dollar stable and applying short-term pressure on precious metals.
The Fed’s cost-cutting moves and operational losses are raising deeper concerns about long-term monetary stability.
Risk sentiment is mixed, and institutional money continues to flow cautiously into gold as a long-term value hedge, especially with equities showing signs of exhaustion.
📈 TECHNICAL OUTLOOK (H1):
Price failed to break through the 3,345–3,364 resistance zone, triggering a pullback toward the mid-range.
Key support around 3,311 is now being tested – a decisive level that could determine whether bulls can regain momentum or bears take control.
If price breaks below 3,311, we could see a deeper dip toward the 3,298–3,288 demand zone, which may offer a better re-entry for buyers.
On the upside, a confirmed break above 3,364 could open the door for a move into the Fair Value Gap toward 3,407.
🔹 TRADE SETUPS:
🔵 BUY SCALP
Entry: 3,314 – 3,312
Stop Loss: 3,308
Take Profit Targets:
3,318 – 3,322 – 3,326 – 3,330 – 3,340 – 3,350
🔵 BUY ZONE
Entry: 3,298 – 3,296
Stop Loss: 3,292
Take Profit Targets:
3,302 – 3,306 – 3,310 – 3,314 – 3,320 – 3,330
🔻 SELL SCALP
Entry: 3,346 – 3,348
Stop Loss: 3,350
Take Profit Targets:
3,342 – 3,338 – 3,334 – 3,330 – 3,320 – 3,310
🔻 SELL ZONE
Entry: 3,364 – 3,366
Stop Loss: 3,370
Take Profit Targets:
3,360 – 3,356 – 3,352 – 3,348 – 3,344 – 3,340 – 3,330
📌 Note:
Price is trading in the mid-range of a larger structure. Best opportunities remain near the edges of support/resistance with confirmation. Avoid overtrading in the middle zone. Let the market come to your areas of value.
💬 If you found this plan helpful, Like + Comment + Follow for daily GOLD strategies from the MMF Team.
Divergence SecretsDivergence trading identifies potential trend reversals or continuations by comparing price action with a technical indicator. When a price makes a new high or low, but an indicator doesn't confirm it, a divergence emerges, suggesting a possible shift in momentum. Traders use this information to make more informed decisions about entering or exiting trades.
Institutional Trading part 4Institutional trading refers to the buying and selling of securities on behalf of large organizations or institutions like mutual funds, pension funds, and insurance companies. These institutions manage money for a group of people, often trading in large volumes that can significantly impact the market.
Price Action Trading Price action trading is a strategy where traders make decisions based on the price movements of an asset, rather than relying on technical indicators or other external factors. It involves analyzing historical price patterns and movements to identify potential trading opportunities and predict future price direction.
PCR ( Put Call Ratio) Trading StrategyThe Put Call Ratio (PCR) is a market sentiment indicator calculated by dividing the total volume of put options by the total volume of call options. It's used to gauge whether traders are predominantly betting on a market decline (puts) or rise (calls). A high PCR suggests bearish sentiment, while a low PCR indicates bullish sentiment.
Gold Analysis Update: Bulls Holding Strong Above 3330Gold has been holding steady above the major pivot level at 3330, with price action continuing to create higher highs and showing strong respect for the ascending trendline support. This tells us that the bulls remain firmly in control. Currently, there’s no major rejection around these levels, and the volume is still supportive of the move higher, with no clear signs of exhaustion yet.
I’m also keeping an eye on the Fibonacci retracement levels visible on the chart: price is above the 0.786 mark at 3369 and could push towards the 1.0 level at 3436 if momentum remains strong.
Overview of Financial Markets Financial markets, from the name itself, are a type of marketplace that provides an avenue for the sale and purchase of assets such as bonds, stocks, foreign exchange, and derivatives. Often, they are called by different names, including “Wall Street” and “capital market,” but all of them still mean one and the same thing. Simply put, businesses and investors can go to financial markets to raise money to grow their business and to make more money, respectively.
NETWEB TECH INDIA LIMITED#NETWEB BREAKOUT
Cmp: 1896
Support: 1800
Target: 1960/2010
View: bullish
Chart: daily
| Netweb Technologies India is trading 5.51% upper at Rs 1,896.60 as compared to its last closing price. Netweb Technologies India has been trading in the price range of 1,959.75 & 1,823.95. Netweb Technologies India has given -34.03% in this year & -1.85% in the last 5 days. Netweb Technologies India has TTM P/E ratio 74.80 as compared to the sector P/E of 17.79.
NESTLE INDIA LTDAs of May 26, 2025, Nestle India Ltd. (NSE: NESTLEIND) closed at ₹2,451.00, marking a 1.52% increase from the previous day. The stock's intraday range was between ₹2,405.40 and ₹2,464.90.
📊 Daily Support & Resistance Levels
Based on various pivot point calculations, the following are the key support and resistance levels for Nestle India:
Standard Pivot Points
Support Levels:
S1: ₹2,396.83
S2: ₹2,369.67
S3: ₹2,324.93
Resistance Levels:
R1: ₹2,468.73
R2: ₹2,513.47
R3: ₹2,540.63
Fibonacci Pivot Points
Support Levels:
S1: ₹2,396.83
S2: ₹2,369.37
S3: ₹2,352.40
Resistance Levels:
R1: ₹2,424.30
R2: ₹2,441.27
R3: ₹2,468.73
Camarilla Pivot Points
Support Levels:
S1: ₹2,407.81
S2: ₹2,401.22
S3: ₹2,394.63
Resistance Levels:
R1: ₹2,420.99
R2: ₹2,427.58
R3: ₹2,434.17
📈 Technical Indicators Overview
Relative Strength Index (RSI): 70.998 — approaching overbought territory.
MACD (12,26): 17.89 — bullish crossover.
Stochastic Oscillator (9,6): 85.134 — overbought.
Average Directional Index (ADX): 56.86 — indicating a strong trend.
Moving Averages: The stock is trading above its 5-day (₹2,454.78), 10-day (₹2,436.91), 20-day (₹2,405.42), 50-day (₹2,397.91), 100-day (₹2,374.14), and 200-day (₹2,381.37) simple moving averages, suggesting a strong upward momentum.
🔍 Summary
Nestle India Ltd. is exhibiting strong bullish momentum, trading above key support levels and moving averages. However, technical indicators like RSI and Stochastic Oscillator suggest that the stock is nearing overbought conditions. Investors should monitor these levels closely for potential pullbacks or consolidations.
BANKNIFTY Bank Nifty - Intraday Levels
Current Level: 55,571.95 (as of May 26, 2025)
Support Levels:
S1: 55,300
S2: 54,800
S3: 54,500
Resistance Levels:
R1: 55,800
R2: 56,200
R3: 56,500
Intraday Strategy:
Bullish Scenario: If Bank Nifty sustains above 55,800, consider long positions targeting 56,200-56,500.
Bearish Scenario: If Bank Nifty breaks below 55,300, consider short positions targeting 54,800-54,500.
Stop-Loss:
For Long Positions: Below 55,300
For Short Positions: Above 55,800 #NIFTYBANK
MIDCPNIFTY MIDCPNIFTY- Intraday Levels
Pivot Level: 12,673.53
Support Levels:
S1: 12,640.97
S2: 12,621.26
S3: 12,586.12
Resistance Levels:
R1: 12,706.10
R2: 12,725.81
R3: 12,760.95
Intraday Strategy:
Bullish Scenario:
If MIDCPNIFTY sustains above 12,687.25, consider long positions targeting 12,706.10-12,725.81-12,760.95.
Stop-Loss: 12,682.10
Bearish Scenario:
If MIDCPNIFTY breaks below 12,659.82, consider short positions targeting 12,640.97-12,621.26-12,586.12.
Stop-Loss: 12,682.10
#MIDCPNIFTY
AARTI INDUSTRIES LTD📊 Intraday Support & Resistance Levels (15-Minute Interval)
Based on recent technical data, the following are the key support and resistance levels for AARTIIND:
Support Levels:
S1: ₹466.67
S2: ₹464.97
S3: ₹462.22
Resistance Levels:
R1: ₹472.17
R2: ₹473.87
R3: ₹476.62
These levels are derived from Fibonacci pivot point calculations and are pertinent for intraday trading decisions.
📈 Technical Indicators Overview
Trend Analysis: The stock exhibits a bullish trend in the short to mid-term, with resistance noted around ₹486.90 and support near ₹420.40.
Moving Averages: AARTIIND is trading above its 50-day moving average, indicating upward momentum.
Relative Strength Index (RSI): The RSI is approaching overbought territory, suggesting caution for new long positions.
✅ Trading Strategy Suggestions
Long Positions: Consider entering if the price sustains above ₹472.17 (R1) with strong volume, targeting ₹476.62 (R3).
Short Positions: If the price falls below ₹466.67 (S1), it may test lower supports at ₹464.97 (S2) and ₹462.22 (S3).
Stop-Loss Recommendations:
For Long Trades: Place a stop-loss below ₹466.67.
For Short Trades: Place a stop-loss above ₹472.17.
SHILPA MEDICARE LTDSHILPA MEDICARE LTD
Hidden Channel SHATTERED - Explosive Breakout on SHILPA MEDICARE
Breakout from a well-defined Weekly Counter Trendline (white thick line) with strong bullish candle.
Hidden Broadening Channel Formation (dotted white lines) was also broken in the same move-double breakout confirmation!
* Volume spike-first major surge in weeks, indicating institutional participation.
✰ Consolidation just below major resistance (MTF orange line) played out perfectly. Price broke above previous swing highs.
Next Resistance: *898.05 (Monthly TF resistance). With current momentum, a clean test is highly probable.
Will Gold Break Through 3366 or Pull Back Before NFP Week?XAUUSD PLAN – 26/05 | Will Gold Break Through 3366 or Pull Back Before NFP Week?
Gold is currently trading near a major resistance zone after a sharp rebound last week. With Fed policies still hawkish and trade tensions between the US and EU on hold, the market is entering a wait-and-see phase — ideal for structured trades.
🌍 MACRO CONTEXT:
Trump Delays 50% Tariffs on EU Until July 9: This cooled market tension temporarily but doesn’t eliminate the risk long term.
US 10-Year Yields Surge Back Above 4.55% right after, showing bond markets are still pricing in tighter conditions.
The Fed Faces Strategic Losses: As rate hikes increase reserve interest payments, the Fed is trimming 10% of its workforce — a rare signal of operational pressure.
➡️ Investors should brace for volatility ahead of NFP and watch closely for central bank reactions.
🔍 TECHNICAL OUTLOOK – H1/H4 View:
Gold is respecting a rising channel while consolidating near the 3360–3366 region — a key sell zone with potential for reversal.
The chart also shows clear Fair Value Gaps (FVGs) above and below current price, signaling pending liquidity sweeps.
🔑 KEY TECHNICAL LEVELS
🔺 Resistance Zones:
3364 – 3366 → Local top and key reversal zone
3406 – 3408 → FVG upper bound, potential blow-off target if breakout occurs
🔻 Support Zones:
3324 – 3326 → 20 EMA retest, potential bullish bounce
3310 – 3308 → Trendline + EMA89 confluence
3304 → Break below this area could invalidate short-term bull bias
🎯 TRADE SETUPS
🟢 BUY SCALP:
Entry: 3326 – 3324
Stop-Loss: 3320
Take-Profit: 3330 → 3334 → 3338 → 3342 → 3346 → 3350
🟢 BUY ZONE:
Entry: 3310 – 3308
Stop-Loss: 3304
Take-Profit: 3314 → 3318 → 3322 → 3326 → 3330 → 3340
🔴 SELL SCALP:
Entry: 3364 – 3366
Stop-Loss: 3370
Take-Profit: 3360 → 3356 → 3352 → 3348 → 3344 → 3340
🔴 SELL ZONE:
Entry: 3406 – 3408
Stop-Loss: 3412
Take-Profit: 3400 → 3396 → 3392 → 3388 → 3385 → 3380
⚠️ STRATEGY RECOMMENDATION:
If price breaks above 3366 with momentum, expect a run to 3408 and possibly 3450.
If price rejects 3366 or fails to hold above 3320, scalpers can look for quick shorts with tight stops.
📌 Avoid chasing price in the middle of the range. Wait for strong rejection or breakout confirmation to enter.
Management and PsychologyTrading psychology is the emotional component of an investor's decision-making process, which may help explain why some decisions appear more rational than others. Trading psychology is characterized primarily by the influence of both greed and fear. Greed drives decisions that might be too risky.