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GAIL (INDIA) LTDAs of May 21, 2025, GAIL (India) Ltd. (NSE: GAIL) is trading at ₹191.10, reflecting a 0.86% increase from the previous close. 📊 1-Day Support & Resistance Levels Based on the Classic Pivot Point method, the following support and resistance levels have been identified: Pivot Point: ₹191.33 Support Levels: S1: ₹188.67 S2: ₹186.23 S3: ₹183.57 Resistance Levels: R1: ₹193.77 R2: ₹196.43 R3: ₹198.87 📈 Technical Indicators Relative Strength Index (RSI): 60.63 – Indicates bullish momentum. MACD (12,26): 1.34 – Suggests a bullish crossover. Average Directional Index (ADX): 35.59 – Reflects a strong trend. Commodity Channel Index (CCI): 48.46 – Neutral. Rate of Change (ROC): 2.75 – Positive momentum. Money Flow Index (MFI): Not specified. 📉 Moving Averages 50-day EMA: ₹226.29 200-day EMA: Not specified. The current price is below the 50-day EMA, indicating a potential bearish trend in the short term. 🔍 Market Outlook GAIL (India) Ltd. is exhibiting mixed signals. While technical indicators like RSI and MACD suggest bullish momentum, the stock trading below its 50-day EMA indicates caution. Traders should monitor the support and resistance levels closely; a breach above R1 (₹193.77) could indicate further upside, while a drop below S1 (₹188.67) might suggest a potential decline.
NSE:GAILLong
by TechnicalExpress
ASIAN PAINTS LTDAs of May 21, 2025, Asian Paints Ltd. (NSE: ASIANPAINT) closed at ₹2,295.60, reflecting a 1.54% decline from the previous day. The stock is currently trading approximately 32% below its 52-week high of ₹3,394.00, reached on September 16, 2024. 📊 1-Day Support & Resistance Levels Based on the Classic Pivot Point method, the following support and resistance levels have been identified: Pivot Point: ₹2,311.57 Support Levels: S1: ₹2,275.43 S2: ₹2,255.27 S3: ₹2,219.13 Resistance Levels: R1: ₹2,331.73 R2: ₹2,367.87 R3: ₹2,388.03 📈 Technical Indicators Relative Strength Index (RSI): 41.88 – Indicates neutral momentum. Moving Average Convergence Divergence (MACD): -15.56 – Suggests bearish momentum. Average Directional Index (ADX): 17.09 – Reflects a weak trend strength. Rate of Change (ROC): -5.80 – Points to a declining price momentum. Money Flow Index (MFI): 29.47 – Indicates potential oversold conditions. Supertrend: ₹2,468.26 – The current price is below this level, signaling a bearish trend. 📉 Moving Averages 50-day Simple Moving Average (SMA): ₹2,342.83 100-day SMA: ₹2,304.44 200-day SMA: ₹2,614.84 The current price is below all these moving averages, indicating a bearish outlook. 🔍 Market Outlook Asian Paints Ltd. is exhibiting bearish signals across multiple technical indicators. The stock's position below key moving averages and a declining RSI suggest continued downward pressure. Traders should monitor the support levels closely; a breach below S1 (₹2,275.43) could indicate further downside, while a move above R1 (₹2,331.73) might suggest a potential reversal.
NSE:ASIANPAINTLong
by TechnicalExpress
TAMILNAD MERICA BANK LTDAs of May 21, 2025, Tamilnad Mercantile Bank Ltd. (NSE: TMB) is trading at ₹451.80, reflecting a 0.97% increase over the previous day. 📊 1-Day Support & Resistance Levels (Classic Pivot Method) Based on the previous trading day's price range, the following support and resistance levels have been identified: Support Levels: S1: ₹449.03 S2: ₹446.27 S3: ₹443.43 Resistance Levels: R1: ₹454.63 R2: ₹457.47 R3: ₹460.23 Pivot Point: ₹451.87 📈 Technical Indicators Moving Averages: 20-day EMA: ₹444.47 50-day EMA: ₹437.38 100-day EMA: ₹438.24 200-day EMA: ₹446.85 Oscillators: Relative Strength Index (RSI 14): 58.01 (indicates uptrend) Commodity Channel Index (CCI 14): 62.68 (indicates uptrend) Money Flow Index (MFI): 74.25 (indicates strong uptrend) 🔍 Trading Insights The current price is slightly below the pivot point, suggesting a neutral to slightly bullish stance. If the price moves above the pivot point, it may test the resistance levels. Conversely, a drop below the pivot could lead to testing the support levels.
NSE:TMBLong
by TechnicalExpress
Gold breaks out of triangle patternThe world gold price has increased to 3,222 USD/ounce, continuing the strong recovery thanks to supportive factors from safe-haven sentiment. Moody's downgrade of the US long-term credit rating has fueled concerns about financial risks, while trade tensions due to the US Treasury Secretary's statement have further strengthened gold's position as a safe haven. On the 1H chart, the price has just broken out of the ascending symmetrical triangle pattern - a technical structure that often signals the continuation of an uptrend. The breakout zone around 3,235 is currently acting as support. As long as the price holds above this zone, the possibility of gold continuing to move towards the target of 3,270–3,280 is quite high. In particular, the EMA34 and EMA89 lines are converging and preparing to create a short-term bullish crossover. However, investors should note that if the price reverses and breaks through the bottom of the triangle (below 3,220), the bullish pattern will be negated, and the possibility of a bearish reversal will return. With the geopolitical and economic context still having many uncertainties, gold is holding the upper hand but still needs solid confirmation from price action after the breakout.
OANDA:XAUUSD
by norbanpar
GOLD MARKET UPDATE - BE READY FOR BIG MOVES!🔥 GOLD MARKET UPDATE – FED'S HAWKISH STANCE SHAKES INVESTORS | BE READY FOR BIG MOVES! Gold experienced a sharp drop following the latest hawkish comments from the Federal Reserve, as they reaffirmed that current monetary conditions remain stable and tight. This has caused confusion and panic among many investors, leading to a wave of sell-offs during the U.S. and early Asia sessions. 📉 On the higher timeframes, Gold appears to be forming a bearish flag pattern – a classic consolidation structure before a potential continuation move. Despite the strong bullish momentum seen during the Asian and European sessions yesterday, the key resistance near 325x held firm, preventing any major breakout. For now, Gold seems to be trapped in a new sideways range, and unless price decisively breaks above 325x, we may continue to see choppy price action within this zone. ⚠️ However, if the current selling momentum persists and the price breaks down below the lower trendline support, the bearish flag setup could play out, with up to 80% probability, signaling a potential strong continuation of the downtrend. Traders should stay extremely alert – a major price movement could happen at any moment! 🔑 Key Support Levels: 3205 3294 3280 3262 🔑 Key Resistance Levels: 3244 3262 3278 3286 💹 Scalping Setup – BUY: Entry: 3294–3292 Stop Loss: 3288 Take Profit Targets: 3298 – 3302 – 3306 – 3310 – 3315 – 3320 – 3330 🟢 BUY ZONE: Entry: 3272–3270 Stop Loss: 3266 Take Profit Targets: 3276 – 3280 – 3284 – 3288 – 3292 – 3296 – 3330 🔻 Scalping Setup – SELL: Entry: 3242–3244 Stop Loss: 3248 Take Profit Targets: 3238 – 3234 – 3230 – 3226 – 3220 – 3210 🔻 SELL Zone: Entry: 3276–3278 Stop Loss: 3282 Take Profit Targets: 3272 – 3268 – 3264 – 3260 – 3250 – 3240 📌 Remember to always follow your TP/SL strategy to protect your capital!
OANDA:XAUUSDShort
by MMFlowTrading
1
CENTRAL DEPOSITORY SERVICES LIMITEDAs of the close on Monday, May 19, 2025, Central Depository Services (India) Ltd (NSE: CDSL) was trading at ₹1,450.80, marking a 2.98% increase from the previous session. 📊 30-Minute Timeframe Technical Overview Price Action: Day's Range: ₹1,408.00 – ₹1,468.00 52-Week Range: ₹1,047.45 – ₹2,989.00 Volume: Approximately 9.5 million shares traded, indicating heightened market activity. Technical Indicators: Relative Strength Index (RSI): 69.89 – approaching overbought territory, suggesting caution. Moving Average Convergence Divergence (MACD): 36.23 – indicating bullish momentum. Average Directional Index (ADX): 16.44 – suggesting a weak trend strength. Stochastic Oscillator: 80.92 – in the overbought zone, which may precede a price correction. Indicator: ₹1,280.03 – acting as a support level. Parabolic SAR (PSAR): ₹1,209.57 – indicating an upward trend. 🔍 Support and Resistance Levels Immediate Support: ₹1,408.00 – a level where buyers have previously shown interest. Immediate Resistance: ₹1,468.00 – a recent high that may act as a barrier to upward movement. 🔭 Outlook The technical indicators suggest that CDSL is experiencing a strong bullish trend. However, the RSI and Stochastic Oscillator indicate that the stock is nearing overbought conditions, which could lead to a short-term consolidation or minor correction. Investors should monitor the support and resistance levels closely and consider the heightened trading volume, which may affect the strength of the current trend.
NSE:CDSL
by TechnicalExpress
RELIANCE INDUSTRIES LTDAs of the close on Monday, May 19, 2025, Reliance Industries Ltd (NSE: RELIANCE) traded at ₹1,440.80, reflecting a 1.07% decrease from the previous session. 📊 Daily Technical Overview Price Action: Opening Price: ₹1,452.10 Day's Range: ₹1,438.20 – ₹1,454.60 52-Week Range: ₹1,114.85 – ₹1,608.80 Volume: Approximately 6.2 million shares traded, below the 50-day average of 8.4 million, indicating reduced market activity. Technical Indicators: Relative Strength Index (RSI): 69.84 – approaching overbought territory, suggesting caution. Moving Average Convergence Divergence (MACD): Bullish crossover, indicating potential upward momentum. Stochastic Oscillator: 76.17 – in the overbought zone, which may precede a price correction. Average Directional Index (ADX): Indicates a strong trend, supporting the current price movement. 🔍 Support and Resistance Levels Immediate Support: ₹1,425.00 – a level where buyers have previously shown interest. Immediate Resistance: ₹1,455.00 – a recent high that may act as a barrier to upward movement. 🔭 Outlook The technical indicators suggest that Reliance Industries Ltd is experiencing a strong bullish trend. However, the RSI and Stochastic Oscillator indicate that the stock is nearing overbought conditions, which could lead to a short-term consolidation or minor correction. Investors should monitor the support and resistance levels closely and consider the reduced trading volume, which may affect the strength of the current trend.
NSE:RELIANCELong
by TechnicalExpress
HINDUSTAN ZINC LTDAs of the close on Monday, May 19, 2025, Hindustan Zinc Ltd (NSE: HINDZINC) was trading at ₹448.20, reflecting a 1.33% increase from the previous session. 📊 15-Minute Timeframe Technical Overview Analyzing the 15-minute chart, the stock exhibits a mild bullish trend: Price Action: The current price is ₹428.25. Moving Averages: The 5-period Exponential Moving Average (EMA) is at ₹440.66. The 15-period EMA stands at ₹435.01. The 50-period EMA is at ₹435.91. The 100-period EMA is at ₹446.19. The 15-period EMA trending above the 50-period EMA indicates a bullish crossover. Trend Analysis: The 5 and 15 EMAs are on an upward trajectory, suggesting a mild bullish sentiment in the short term. 🔍 Technical Indicators Relative Strength Index (RSI): The RSI is approximately 56.70, indicating a neutral momentum without being overbought or oversold. Moving Average Convergence Divergence (MACD): The MACD is at 0.811, suggesting a bullish crossover. Average Directional Index (ADX): The ADX is at 13.22, indicating a weak trend strength. Stochastic Oscillator: The Stochastic Oscillator is at 63.96, pointing to neutral momentum. Indicator: The supertrend is at ₹406.99, acting as a support level. Parabolic SAR (PSAR): The PSAR is at ₹400.77, indicating an upward trend. 📈 Support and Resistance Levels Immediate Support: ₹442.00 – a level where buyers have previously shown interest. Immediate Resistance: ₹455.90 – a recent high that may act as a barrier to upward movement. 🔭 Outlook The current indicators suggest a cautious approach: If the price sustains above ₹442.00, there may be potential for a rebound towards ₹455.90. Conversely, a drop below ₹442.00 could lead to further declines, possibly testing lower support levels.
NSE:HINDZINCShort
by TechnicalExpress
GLOBUSSPR DAY CHARTAs of the close on Monday, May 19, 2025, Globus Spirits Ltd (NSE: GLOBUSSPR) traded at ₹1,104.40, reflecting a 1.62% increase from the previous session. 📊 Daily Technical Overview Price Action: Day's Range: ₹1,065.50 – ₹1,114.80 52-Week Range: ₹670.00 – ₹1,369.75 Volume: 161,165 shares traded Technical Indicators: Relative Strength Index (RSI): 61.68 – indicating neutral to slightly bullish momentum. Moving Average Convergence Divergence (MACD): 6.03 – suggesting a bullish crossover. Average Directional Index (ADX): 15.29 – indicating a weak trend strength. Stochastic Oscillator: 62.44 – pointing to neutral momentum. Indicator: ₹957.02 – acting as a support level. Parabolic SAR (PSAR): ₹927.02 – indicating an upward trend. 🔍 Key Support and Resistance Levels Immediate Support: ₹1,065.50 Immediate Resistance: ₹1,114.80 Next Resistance Level: ₹1,125.00 📈 Outlook The technical indicators suggest that Globus Spirits Ltd is experiencing a mild bullish trend. The RSI and MACD indicate positive momentum, while the ADX suggests that the trend strength is currently weak. If the stock maintains its position above the immediate support level of ₹1,065.50, it may attempt to break through the resistance at ₹1,114.80. A successful breakout could lead to testing the next resistance level at ₹1,125.00.
NSE:GLOBUSSPRLong
by TechnicalExpress
NIFTY BANK INDEX #NIFTYBANK Technical Analysis (15min chart) Resistance Levels: 55,700 / 55,900 / 56,200 Support Levels: 55,250 / 55,000/54,600 Pattern: Rising wedge breakdown - bearish signal Trendline: Broken upward trendline shows weakening bullish momentum ▲ Caution: Price failing to hold above key resistance at 55,700 indicates potential short-term reversal. Fundamental Outlook: Awaiting RBI commentary, PSU banks strong but profit booking visible. Volatility likely near monthly expiry.
NSE:BANKNIFTYShort
by TechnicalExpress
KRISHNA INST OF MED SCI LAs of the close on Monday, May 19, 2025, Krishna Institute of Medical Sciences Ltd (NSE: KIMS) traded at ₹645.10, marking a 0.75% increase from the previous session. 📊 15-Minute Timeframe Technical Overview Analyzing the 15-minute chart, the stock exhibits a mild bearish trend: Price Action: The current price is ₹535.65. Moving Averages: The 5-period Weighted Moving Average (WMA) is at ₹535.65. The 15-period WMA stands at ₹536.93. The 100-period WMA is at ₹542.10. The 15-period WMA trending below the 100-period WMA indicates a bearish crossover. Trend Analysis: Both the 5 and 15 WMAs are on a downward trajectory, suggesting a mild bearish sentiment in the short term. 🔍 Technical Indicators Relative Strength Index (RSI): The 14-day RSI is approximately 54.7, indicating a neutral momentum without being overbought or oversold. Volume: The trading volume is around 507,339 shares, significantly higher than the 20-day average of 91,758 shares, pointing to increased market activity. 📈 Support and Resistance Levels Support: ₹640.00 – a level where buyers have previously shown interest. Resistance: ₹650.00 – a recent high that may act as a barrier to upward movement. 🔭 Outlook The current indicators suggest a cautious approach: If the price sustains above ₹640.00, there may be potential for a rebound towards ₹650.00. Conversely, a drop below ₹640.00 could lead to further declines, possibly testing lower support levels.
NSE:KIMSShort
by TechnicalExpress
INFOSYS LTDAs of the close on Monday, May 19, 2025, Infosys Ltd (NSE: INFY) traded at ₹1,559.80, reflecting a decrease of ₹30.10 or 1.89% from the previous session. In the 15-minute timeframe, the stock exhibited a downward trend throughout the day, with prices ranging between ₹1,555.70 and ₹1,585.00. Technical Indicators (15-Minute Timeframe): Moving Averages: The 20-period Exponential Moving Average (EMA) is trending downward, indicating short-term bearish momentum. Relative Strength Index (RSI): The RSI is hovering around 45, suggesting that the stock is approaching oversold territory but hasn't reached it yet. Support Levels: Immediate support is observed around ₹1,550, with a stronger support level near ₹1,540. Resistance Levels: The stock faces resistance at ₹1,570, followed by a more significant resistance near ₹1,585. Outlook: If Infosys maintains its position above the ₹1,550 support level, a short-term rebound towards ₹1,570 is possible. However, a break below ₹1,550 could lead to further declines, potentially testing the ₹1,540 support.
NSE:INFYShort
by TechnicalExpress
Beware of short-term bull trapsOn the H4 chart, gold is testing an important resistance zone around EMA89 (purple) after a rebound from the bottom of 3,120. However, both EMA34 and EMA89 are sloping down, indicating that the short-term trend is still bearish. The current rebound is not strong enough to confirm a reversal. The most recent candle also has a long upper shadow, indicating that selling pressure is waiting above. If the price is rejected at the 3,250–3,260 zone and turns around to break down to 3,220, there is a high possibility that gold will retest the old bottom around 3,120. The strategy at this time is to stay out or wait to sell lightly if a clear reversal signal appears near the resistance zone. Avoid FOMO because the rebound has not been confirmed by volume or trend structure.
OANDA:XAUUSD
by norbanpar