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KPR MILL LTDAs of May 5, 2025, here are the key support and resistance levels for KPR Mill Ltd. (NSE: KPRMILL) based on recent technical analyses: 📊 Classic Pivot Points (1-Month View) Support Levels: ₹882.10 (S3), ₹901.50 (S2), ₹921.95 (S1) Resistance Levels: ₹961.80 (R1), ₹981.20 (R2), ₹1,001.65 (R3) Pivot Point: ₹941.35 These levels are derived from the previous month's price range and are commonly used to identify potential reversal points in the market. 📈 Moving Averages & Indicators Simple Moving Averages (SMA): 5-Day: ₹971.43 10-Day: ₹963.19 20-Day: ₹985.48 50-Day: ₹993.04 100-Day: ₹952.26 200-Day: ₹901.74 Exponential Moving Averages (EMA): 5-Day: ₹925.25 (Buy) 10-Day: ₹933.29 (Buy) 20-Day: ₹952.39 (Sell) 50-Day: ₹968.62 (Sell) 100-Day: ₹951.72 (Sell) 200-Day: ₹904.76 (Buy) The alignment of these averages suggests a mixed short-term to medium-term outlook, with some indicators signaling bullish trends and others indicating bearish tendencies. 📉 RSI & Momentum Indicators Relative Strength Index (RSI): 42.56 (Neutral) Stochastic RSI: 59.15 (Buy) MACD: 8.04 (Buy) Average Directional Index (ADX): 32.45 (Buy These indicators suggest a neutral to slightly bullish momentum, indicating potential upward movement if buying interest increases. 📌 Summary Immediate Support: ₹882.10 Immediate Resistance: ₹961.80 Medium-Term Outlook: Neutral to slightly bullish, with mixed signals from moving averages and momentum indicators.
NSE:KPRMILLLong
by Ashwani123
PLAN BUY ETH NEW WEEK✅ Scenario 1 – Buy at 1830 (Current Price): Reason to Buy: Price is close to the EMA 20 and EMA 33 levels – acting as dynamic support. The 1830–1845 area has been tested multiple times without a clear breakdown. The upward trendline from the 1720 low is still being respected. The market may be forming a tight consolidation, preparing for a breakout. Trading Plan: Buy Entry: 1,830 USDT Stop Loss (SL): below 1,800 (around 1,790–1,795) Take Profit (TP): 1,980 – 2,150 (previous highs and major resistance zone) Risk/Reward Ratio: Approximately 1:2.5 to 1:4 (excellent if breakout confirms) ⚠️ Scenario 2 – Buy at 1,740 (If Current Trendline Fails): Reason to Buy: The 1,740–1,760 zone is a strong support from the longer-term ascending trendline (black line). Coincides with the EMA 200 on the 4H timeframe – a typical retracement zone during pullbacks. Potential for a double-bottom pattern if price reacts positively here → forming a higher low. Trading Plan: Buy Entry: 1,740 USDT Stop Loss (SL): below 1,700 (around 1,695) Take Profit (TP): 1,920 – 2,000 – 2,150 Risk/Reward Ratio: Greater than 1:3 if ETH maintains its higher-low structure 🧠 Strategy Notes: In both scenarios, ETH must break through the psychological resistance of 1,850–1,880 to confirm bullish momentum. Volume during the current accumulation phase is relatively low, signaling a potential breakout waiting to happen – watch for large-volume candles on H4/H1. The long red candle near 1,800 might have been a “bear trap” if the price doesn’t break below recent lows.
COINBASE:ETHUSDLong
by HungDaoGlobalTrading
Learn Intestinal Level TradingIf you're looking for a simple options trading definition, it goes something like this: Options trading gives you the right or obligation to buy or sell a specific security on or by a specific date at a specific price. An option is a contract that's linked to an underlying asset, such as a stock or another security. Several factors contribute to this high failure rate: Lack of Knowledge and Education: Many traders enter the options market without a thorough understanding of how options work. Options can be complex financial instruments, and trading them without proper education can lead to significant losses Option trading is largely a skill requiring knowledge of market trends, strategies, and risk management techniques. While there is an element of uncertainty in the markets, successful traders rely on analysis, planning, and discipline rather than luck.
NSE:BANKNIFTYEducation
by SkyTradingZone
3
GOLD - Will FOMC and Tariff Talks Decide the Next Big Move?💥 GOLD WEEKLY OUTLOOK – Will FOMC and Tariff Talks Decide the Next Big Move? As we head into a critical trading week, gold is at a crossroads, navigating through conflicting macro signals and important structural levels. Last week’s developments — ranging from strong US NFP data to China’s unexpected SGX:40B tariff waiver — have significantly reshaped sentiment in the precious metals market. 🌐 Macro Backdrop – Shift in Global Risk Tone 🔹 China’s Tariff Waiver on selected US goods hints at improving trade ties. This eases geopolitical risks and reduces the urgency for safe-haven assets like gold. 🔹 Stronger-than-expected NFP (Nonfarm Payrolls) further solidifies a hawkish bias for the Fed. A robust labor market may push the Fed to maintain higher rates for longer. 🔹 DXY & Bond Yields are holding firm. A stronger USD and rising yields typically weigh on gold — unless major risks re-emerge. 📌 FOMC Meeting This Week – Traders are now watching the Fed’s next move closely. Any dovish tone could fuel gold’s rebound. A surprise hawkish tone? Expect further selloffs. 🔍 Technical Landscape (H4 + Daily Focus) Gold is currently forming a descending wedge pattern, with lower highs and solid support holding around the 3,224 – 3,204 zone. Last week’s rejection at the 3,277 resistance aligns with macro-driven selling pressure. However, price continues to respect key Fibonacci levels and internal trendline dynamics, suggesting a potential for large breakout movement after FOMC. 🔺 Key Resistance Levels: 3,240 3,250 3,264 3,277 3,311 🔻 Key Support Levels: 3,224 3,210 3,204 🎯 Trade Plan – Week of May 6th, 2025 🔵 BUY ZONE A: 3,204 – 3,202 SL: 3,198 TP: 3,208 → 3,212 → 3,216 → 3,220 → 3,225 → 3,230 🔴 SELL ZONE: 3,276 – 3,278 SL: 3,282 TP: 3,272 → 3,268 → 3,264 → 3,260 → 3,250 → 3,240 ⚠️ Key Risks to Monitor This Week: 🏛 FOMC Statement & Powell’s Press Conference → Any hint of rate cuts = Gold bullish → Any reaffirmation of higher for longer = More downside 💼 Trade Developments (US–China) → Further easing of tariffs = Negative for gold → Any new friction = Potential rebound 📉 DXY & Bond Yields → Keep an eye on Dollar strength. If DXY breaks above 106.5, gold may face deeper pressure. 🧠 Final Thoughts: The gold market is no longer driven by one-sided risk-off flows. As macro tensions ease, gold is transitioning into a more range-bound, news-driven phase. This week is all about reaction, not prediction. Let the market come to your zone. Wait for confirmation before executing. The best trades come from discipline — not prediction. 📌 Follow this account for real-time updates during FOMC and Friday’s CPI preview.
OANDA:XAUUSD
by MMFlowTrading
Bharti Airtel Ltd // 2hour Support and ResistanceAs of May 3, 2025, here are the key 2-hour support and resistance levels for Bharti Airtel Ltd (NSE: BHARTIARTL): 📊 2-Hour Support and Resistance Levels Level Price (₹) Type Support 1 1,590.27 Support 2 1,561.57 Support 3 1,549.38 Resistance 1 1,618.97 Resistance 2 1,606.78 Resistance 3 1,635.48 These levels are derived from the classic pivot point method and are crucial for traders to monitor, as movements beyond these points may indicate potential changes in the stock's trend. 🔍 Technical Indicators As of the latest available data: Relative Strength Index (RSI): 39.84, indicating neutral momentum. Stochastic RSI: 11.36, suggesting potential for upward movement. Commodity Channel Index (CCI): -155.75, reflecting bearish momentum. Money Flow Index (MFI): 62.2, indicating an uptrend. These indicators suggest a neutral to slightly bullish outlook for the stock. 📈 Strategy Considerations Bullish Scenario: If the stock price maintains above the support levels, particularly Support 1 at ₹1,590.27, it may continue its upward movement towards Resistance 1 at ₹1,618.97. Bearish Scenario: A drop below Support 1 could signal a potential reversal or consolidation phase. Please note that these levels are based on historical data and should be used in conjunction with other technical analysis tools and market conditions.
NSE:BHARTIARTL
by Ashwani123
Tata Power Corporation Ltd // 3hour Support and ResistanceAs of May 3, 2025, here are the key 3-hour support and resistance levels for Tata Power Company Ltd (NSE: TATAPOWER): 📊 3-Hour Support and Resistance Levels Level Price (₹) Type Support 1 349.81 Support 2 348.43 Support 3 346.76 Resistance 1 352.86 Resistance 2 354.53 Resistance 3 355.91 These levels are derived from the classic pivot point method and are crucial for traders to monitor, as movements beyond these points may indicate potential changes in the stock's trend. 🔍 Technical Indicators As of the latest available data: Relative Strength Index (RSI): 44.03, indicating neutral momentum. Stochastic RSI: 0, suggesting oversold conditions. Commodity Channel Index (CCI): -133.29, reflecting bearish momentum. Money Flow Index (MFI): 56.07, indicating neutral buying and selling pressure. These indicators suggest a neutral to slightly bearish outlook for the stock. 📈 Strategy Considerations Bullish Scenario: If the stock price maintains above the support levels, particularly Support 1 at ₹349.81, it may continue its upward movement towards Resistance 1 at ₹352.86. Bearish Scenario: A drop below Support 1 could signal a potential reversal or consolidation phase. Please note that these levels are based on historical data and should be used in conjunction with other technical analysis tools and market conditions.
NSE:TATAPOWER
by Ashwani123
Tata Motors Ltd //1day Supoort and ResistanceAs of May 3, 2025, here are the key 1-day support and resistance levels for Tata Motors Ltd (NSE: TATAMOTORS): 📊 1-Day Support and Resistance Levels Level Price (₹) Type Support 1 703 Support 2 690 Support 3 683 Resistance 1 724 Resistance 2 731 Resistance 3 744 These levels are derived from the classic pivot point method and are crucial for traders to monitor, as movements beyond these points may indicate potential changes in the stock's trend. 🔍 Technical Indicators As of the latest available data: Relative Strength Index (RSI): 47.9, indicating neutral momentum. Stochastic RSI: 0.33, suggesting a downtrend. Commodity Channel Index (CCI): 32.01, reflecting neutral momentum. Money Flow Index (MFI): 65.42, indicating an uptrend. These indicators suggest a neutral to slightly bullish outlook for the stock. 📈 Strategy Considerations Bullish Scenario: If the stock price maintains above the support levels, particularly Support 1 at ₹703, it may continue its upward movement towards Resistance 1 at ₹724. Bearish Scenario: A drop below Support 1 could signal a potential reversal or consolidation phase. Please note that these levels are based on historical data and should be used in conjunction with other technical analysis tools and market conditions.
NSE:TATAMOTORSLong
by Ashwani123
Manorama Industries LtdAs of May 3, 2025, here are the key intraday support and resistance levels for Manorama Industries Ltd (NSE: MANORAMA): 📊 1-Day Support and Resistance Levels Level Price (₹) Type Support 1 1,026.73 Support 2 1,015.37 Support 3 995.73 Resistance 1 1,057.73 Resistance 2 1,077.37 Resistance 3 1,088.73 These levels are derived from the classic pivot point method and are crucial for traders to monitor, as movements beyond these points may indicate potential changes in the stock's trend. 🔍 Technical Indicators As of the latest available data: Relative Strength Index (RSI): 47.18, indicating neutral momentum. Money Flow Index (MFI): 32.60, suggesting selling pressure. MACD: -5.85, indicating a bearish trend. These indicators suggest a neutral to bearish outlook for the stock. 📈 Strategy Considerations Bullish Scenario: If the stock price maintains above the support levels, particularly Support 1 at ₹1,026.73, it may continue its upward movement towards Resistance 1 at ₹1,057.73. Bearish Scenario: A drop below Support 1 could signal a potential reversal or consolidation phase. Please note that these levels are based on historical data and should be used in conjunction with other technical analysis tools and market conditions.
NSE:MANORAMALong
by Ashwani123
INDIAN RAIL TOUR CORPORATION LTDIRCTC | All Aboard the Breakout Train! IRCTC is showing massive strength on the weekly charts - we're breaking out of a long-term channel that has capped price for months! This is a high-conviction setup for long-term investors looking to ride the India growth story through the railway sector. Why IRCTC? • Strong technical breakout • Clean price structure with bullish momentum Railway reforms + rising travel demand = long-term tailwinds Investment View: Add at CMP & on dips for long-term targets: Target 1: 1080 Target 2: 1440 Time Horizon: 2+ years If you're looking for a solid compounder in the railway space, IRCTC should definitely be on your radar!
NSE:IRCTCLong
by Ashwani123
NIFTY 50 INDEX NIFTY 50 | Impulse Rally Nearing Completion - Selling Can Start Soon! ▼ NIFTY 50 appears to be nearing the final stage of Wave 5 of the larger degree Wave 1. Price has reached the crucial Fibonacci resistance zone at 24679, and the broader 24700-24800 range is shaping up as a strong shorting zone. This area is technically significant and could trigger profit booking or fresh selling pressure as we approach the upper boundary of the wave count. If the index closes near the day's high today, there's a strong possibility that Monday opens with a gap-up, but this is likely to face heavy selling within the first 1-2 hours. The momentum is stretched, and the current rally looks exhausted on the lower time frames. As we step into the next phase, a corrective Wave 2 is expected to unfold, with downside potential towards 24000 and even 23600 as part of this pullback. This leg could provide better positioning for medium-term traders. The broader structure now signals that the impulse rally is overextended, and selling can begin soon from these stretched levels.
NSE:NIFTYShort
by Ashwani123
Gold recovers after deep fallWorld gold prices recovered to 3,238 USD/ounce on the morning of May 2 after hitting a bottom of 3,205 USD/ounce last night. The reason came from the sell-off when the Chinese market was on a long holiday, causing a lack of physical buying power. However, investors quickly took advantage of this opportunity to buy, amid expectations that the FED would lower interest rates and central banks would continue to collect gold as a safe haven asset. The 4-hour chart shows that the price has bounced back from EMA89, heading towards the EMA34 resistance zone - a positive sign for a short-term recovery.
OANDA:XAUUSD
by norbanpar
GBP/USD Eyes NFP & BoE Amid Trade Tensions Relief🔔 GBP/USD Eyes NFP & BoE Amid Trade Tensions Relief Sterling (GBP) has rebounded against the US dollar (USD), riding a wave of improved market sentiment after signs of de-escalation in the US–China trade conflict. As investors reposition ahead of today’s US Nonfarm Payrolls (NFP) and next week’s Bank of England (BoE) rate decision, GBP/USD finds itself at a pivotal moment. 🌐 Macro Picture: A Tale of Two Central Banks The Fed is widely expected to hold rates steady at 4.25%–4.50% during next week’s meeting. The BoE, meanwhile, is almost certain to cut rates by 25 basis points, pricing in weak UK inflation data and global trade uncertainties. Meanwhile, sentiment got a boost after China's Ministry of Commerce signalled openness to trade talks with the US, provided “sincerity” is shown — easing fears of a prolonged trade war. This shift in tone lifted risk appetite and helped push GBP/USD back near the 1.3320 zone, recovering from earlier losses this week. 🧭 Focus Turns to Today’s NFP Markets expect: +130K jobs added in April (vs. 228K prior) Unemployment rate holding at 4.2% Wage growth YoY to increase slightly to 3.9% Any significant surprise may reshape rate expectations for the Fed, especially after recent ISM data showed rising input costs — suggesting inflation remains sticky. 📊 Technical Outlook – GBP/USD After bouncing from the 1.3245–1.3265 zone, GBP/USD is approaching a heavy resistance range around 1.3335–1.3375. A break above this could invalidate the bearish setup, while failure may trigger a strong downside rotation toward 1.3185 – 1.3145. 🔺 Key Resistance: 1.33350 1.33750 🔻 Key Support: 1.32650 1.32450 1.31850 1.31450 🎯 Trade Plan 🔵 SELL ZONE: 1.33350 – 1.33750 SL: 1.34000 TP: 1.33300 → 1.32850 → 1.32550 → 1.32000 🔴 BUY ZONE: 1.32650 – 1.32450 SL: 1.33250 TP: 1.32250 → 1.31850 → 1.31450 → 1.31000 ⚠️ Trading Notes: NFP volatility could create false breakouts — wait for confirmation before committing size. Post-NFP, market focus will quickly shift to the BoE decision on May 9th. Expect traders to react swiftly to wage growth and job creation figures. 🧠 Final Thoughts: GBP/USD is trading at a sensitive macro-technical intersection. While optimism on trade and NFP relief could boost the pair, BoE’s likely rate cut still clouds the medium-term path. Stay patient. Let price react to the data before jumping in. 💬 What’s your positioning into NFP? Let's discuss below 👇👇
Long
by MMFlowTrading
EUR/USD at Key Inflection Point🔥 EUR/USD at Key Inflection Point – NFP Looms, Volatility Incoming? The euro is pushing back after three days of losses, bouncing from the 1.1265 area with strength — but make no mistake, this is more than just a technical move. With Eurozone CPI holding and US Nonfarm Payrolls (NFP) right ahead, EUR/USD is poised at the edge of serious volatility. 🧭 Macro Overview – Diverging Paths? Friday’s Eurozone inflation numbers surprised slightly to the upside: Headline CPI YoY: 2.2% vs. 2.1% expected Core CPI YoY: 2.7% vs. 2.5% expected These numbers suggest ECB might not be in a rush to slash rates, despite growing dovish commentary from policymakers. Yet, the market still prices in a likely 25bps cut in July. Meanwhile in the US, expectations are building for a soft NFP print – 130K vs. 228K prior. This, along with recent weak growth data, has fueled speculation of multiple rate cuts from the Fed in 2025. The USD has paused after a 3-day rally — and that makes today’s NFP extremely sensitive. 🔍 Technical Picture (H1 Outlook) Price action shows EUR/USD reclaiming ground above 1.1300 after defending the key 1.1265–1.1279 support zone. A potential short-term reversal pattern is forming, but the move remains fragile until we see confirmation above 1.1350 and 1.1372. Bearish structure remains valid unless bulls can take out 1.1419, the high from April 30. 🔺 Key Resistance Levels: 1.13520 1.13730 1.13900 1.14190 🔻 Key Support Levels: 1.13000 1.12790 1.12650 🎯 Trade Plan – Friday 3rd May 🔵 BUY ZONE: 1.12790 SL: 1.12250 TP: 1.13450 → 1.13850 → 1.14250 🔴 SELL ZONE: 1.13750 SL: 1.14300 TP: 1.13250 → 1.12850 → 1.12450 → 1.12400 ⚠️ Strategy Notes: Euro has room to bounce, but momentum will likely depend on the US jobs report. A soft NFP could weaken the dollar further, triggering a break above 1.1372. On the flip side, strong jobs numbers + hawkish White House language could reinforce bearish continuation below 1.1300. 📣 Final Thoughts: EUR/USD is stuck in macro limbo. Both sides have valid narratives — sticky inflation in Europe, softening labour data in the US. 📊 Today’s close will likely define next week’s tone. 🧠 Be selective. Don’t chase. Let the data lead. 💬 What’s your take ahead of NFP? Breakout or fakeout? Drop your chart ideas below 👇👇👇
Long
by MMFlowTrading
Sellers Take Over as Gold Breaks ConsolidationGold is moving exactly as I mapped out in my previous updates,and Breaks Down from Consolidation following the path accurately that we discussed in last updates.... Yesterday’s monthly close gold closed below 3300 level, which gave sellers more confidence. As a result, we’ve seen a solid drop today, with the price now at 3132 on the daily chart, down 1.73% . The Price Action confirms the bearish momentum I’ve been talking about. We’re now approaching some key levels for intraday . The 3220-3225 HVN area and the 3200-3210 psychological support zone are spots where we might see a short-term bounce. However, the larger trend remains in correction mode, just as I projected earlier. For stronger support, I’m keeping an eye on the 3135-3150 zone, and if the decline continues, the 2980-3000 area could be a great spot for a potential swing buy, as marked on the chart.As of now I am still expecting the correction to play out toward 3000 in the bigger picture!
PEPPERSTONE:XAUUSDShort
by TheGoldenCircle