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BEL // 2hr Support and Resistance​As of April 29, 2025, here are the key 2-hour support and resistance levels for Bharat Electronics Ltd (NSE: BEL) based on recent technical analyses:​ 📈 2-Hour Support and Resistance Levels Type Level (₹) Resistance 1 (R1) ₹292.55 Resistance 2 (R2) ₹294.85 Resistance 3 (R3) ₹296.35 Support 1 (S1) ₹286.35 Support 2 (S2) ₹284.05 Support 3 (S3) ₹282.10 These levels are derived from recent intraday price action and can serve as potential reversal or breakout zones for the stock. ​ 📊 Additional Technical Indicators Relative Strength Index (RSI): Approximately 55.26, indicating a neutral to slightly bullish momentum.​ Money Flow Index (MFI): Approximately 50.44, suggesting balanced buying and selling pressure.​ Moving Average Convergence Divergence (MACD): Approximately -0.92, indicating a bearish trend.​ Average True Range (ATR): Approximately 8.7, indicating moderate volatility.​ 📌 Key Observations Resistance Levels: If BEL breaks above ₹292.55, it may face resistance at ₹294.85 and ₹296.35.​ Support Levels: A decline below ₹286.35 could lead to further support at ₹284.05 and ₹282.10.​ Trend Analysis: The stock is currently trading within a range, with key levels at ₹292.55 on the upside and ₹286.35 on the downside. A breakout above or below these levels could indicate the next directional move.​ Please note that these levels and indicators are based on historical data and technical analysis, and actual market conditions may vary. It's advisable to conduct further research or consult with a financial advisor before making investment decisions.
NSE:BELLong
by Ashwani123
1
Canara Bank​As of April 29, 2025, here are the key 1-hour support and resistance levels for Canara Bank (NSE: CANBK) based on recent technical analyses:​ 📈 1-Hour Support and Resistance Levels Type Level (₹) Resistance 1 (R1) ₹108.05 Resistance 2 (R2) ₹109.51 Support 1 (S1) ₹104.56 Support 2 (S2) ₹102.53 These levels are derived from recent intraday price action and can serve as potential reversal or breakout zones for the stock. ​ 📊 Additional Technical Indicators Relative Strength Index (RSI): Approximately 60, indicating a neutral to slightly bullish momentum.​ Moving Average Convergence Divergence (MACD): Currently in a bearish crossover, suggesting potential downward pressure.​ Bollinger Bands: The stock is trading near the upper band, indicating high volatility and potential overbought conditions.​ 📌 Key Observations Resistance Levels: If Canara Bank breaks above ₹108.05, it may face resistance at ₹109.51.​ Support Levels: A decline below ₹104.56 could lead to further support at ₹102.53.​ Trend Analysis: The stock is currently testing the upper resistance zone. A breakout above ₹108.05 could signal a continuation of the upward trend. Conversely, a drop below ₹104.56 may indicate a bearish reversal.​ Please note that these levels and indicators are based on historical data and technical analysis, and actual market conditions may vary. It's advisable to conduct further research or consult with a financial advisor before making investment decisions.
NSE:CANBK
by Ashwani123
Reliance Industries //1 day Support and Resistance​As of April 29, 2025, here are the key daily support and resistance levels for Reliance Industries Ltd (NSE: RELIANCE) based on recent technical analyses:​ 📈 Daily Support and Resistance Levels Level Type Value (₹) Support 1 (S1) ₹1,191.37 Support 2 (S2) ₹1,177.43 Support 3 (S3) ₹1,153.37 Resistance 1 (R1) ₹1,229.37 Resistance 2 (R2) ₹1,253.43 Resistance 3 (R3) ₹1,267.37 These levels are derived from recent technical analyses and can serve as potential reversal or breakout zones for the stock. ​ 📊 Additional Technical Indicators Relative Strength Index (RSI): Approximately 48.94, indicating a neutral to slightly bearish momentum. ​ Moving Averages: 5-Day Simple Moving Average (SMA): ₹1,210.41 50-Day Simple Moving Average (SMA): ₹1,213.72 200-Day Simple Moving Average (SMA): ₹1,216.23​ The stock is trading near its short-term moving averages, suggesting a consolidation phase. ​ 📌 Key Observations Resistance Levels: If Reliance Industries breaks above ₹1,229.37, it may face resistance at ₹1,253.43 and ₹1,267.37.​ Support Levels: A decline below ₹1,191.37 could lead to further support at ₹1,177.43 and ₹1,153.37.​ Trend Analysis: The stock is currently trading within a range, with key levels at ₹1,229.37 on the upside and ₹1,191.37 on the downside. A breakout above or below these levels could indicate the next directional move.​ Please note that these levels and indicators are based on historical data and technical analysis, and actual market conditions may vary. It's advisable to conduct further research or consult with a financial advisor before making investment decisions.
NSE:RELIANCELong
by Ashwani123
Bank Nifty IndexAs of April 29, 2025, here are the key support and resistance levels for the Bank Nifty Index based on recent technical analyses: 📈 Bank Nifty Support and Resistance Levels: Type Level (₹) Resistance 1 (R1) 46,000 Resistance 2 (R2) 46,375 Resistance 3 (R3) 47,200 Support 1 (S1) 45,236 Support 2 (S2) 44,936 Support 3 (S3) 44,100 These levels are derived from recent technical analyses and can serve as potential reversal or breakout zones for the index. ​ 📊 Additional Technical Indicators Relative Strength Index (RSI): Approximately 52, indicating a neutral to slightly bullish momentum. ​ Moving Averages: 5-Day Average: ₹53,435.41 50-Day Average: ₹51,815.64 200-Day Average: ₹50,455.01​ The stock is trading above its 5-day and 50-day simple moving averages (SMAs), suggesting a short-term bullish trend. ​ 📌 Key Observations Resistance Levels: If Bank Nifty breaks above ₹46,000, it may face resistance at ₹46,375 and ₹47,200.​ Support Levels: A decline below ₹45,236 could lead to further support at ₹44,936 and ₹44,100.​ Trend Analysis: The index is currently testing the upper resistance zone. A breakout above ₹46,000 could signal a continuation of the upward trend. Conversely, a drop below ₹45,236 may indicate a bearish reversal.​ Please note that these levels and indicators are based on historical data and technical analysis, and actual market conditions may vary. It's advisable to conduct further research or consult with a financial advisor before making investment decisions.
NSE:BANKNIFTY
by Ashwani123
WIPRO LTD 4hour // Support and Resistance​As of April 29, 2025, here are the key 4-hour support and resistance levels for Wipro Ltd (NSE: WIPRO) based on recent technical analyses:​ 📈 4-Hour Support and Resistance Levels Type Level Value (₹) Resistance 1 (R1) 444.50 - 454.50 ₹444.50–₹454.50 Resistance 2 (R2) 458.00 - 468.00 ₹458.00–₹468.00 Resistance 3 (R3) 472.50 - 482.50 ₹472.50–₹482.50 Support 1 (S1) 430.50 - 440.50 ₹430.50–₹440.50 Support 2 (S2) 422.00 - 432.00 ₹422.00–₹432.00 Support 3 (S3) 410.00 - 420.00 ₹410.00–₹420.00 These levels are derived from recent technical analyses and can serve as potential reversal or breakout zones for the stock. ​ 📊 Additional Technical Indicators Relative Strength Index (RSI): Approximately 60, indicating a neutral to slightly bullish momentum. ​ Moving Average Convergence Divergence (MACD): Currently in a bearish crossover, suggesting potential downward pressure. ​ Bollinger Bands: The stock is trading above the upper band, indicating high volatility and potential overbought conditions. ​ 📌 Key Observations Resistance Levels: If Wipro breaks above ₹444.50, it may face resistance at ₹458.00 and ₹472.50.​ Support Levels: A decline below ₹430.50 could lead to further support at ₹422.00 and ₹410.00.​ Trend Analysis: The stock is currently testing the upper resistance zone. A breakout above ₹444.50 could signal a continuation of the upward trend. Conversely, a drop below ₹430.50 may indicate a bearish reversal.​ Please note that these levels are based on historical data and technical analysis, and actual market conditions may vary. It's advisable to conduct further research or consult with a financial advisor before making investment decisions.
NSE:WIPRO
by Ashwani123
Adani Green Energy Ltd As of April 29, 2025, here are the key weekly support and resistance levels for **Adani Green Energy Ltd based on recent technical analyses: 📈 Weekly Support and Resistance Levels | Type | Level | Value (₹) | |------------|--------|-----------| | Resistance 1 (R1) | 991.77 | ₹991.77 | | Resistance 2 (R2)| 1,040.48 | ₹1,040.48 | | Resistance 3 (R3) | 1,066.17 | ₹1,066.17 | | Support 1 (S1) | 917.37 | ₹917.37 | | Support 2 (S2) | 891.68 | ₹891.68 | | Support 3 (S3) | 842.97 | ₹842.97 | These levels are derived from recent technical analyses and can serve as potential reversal or breakout zones for the stock. 📊 Additional Technical Indicators Relative Strength Index (RSI): The RSI is 42.48, indicating that the stock is in the neutral territory, suggesting neither overbought nor oversold conditions. - Moving Averages: - 5-Day EMA: ₹825.40 - 50-Day EMA: ₹973.00 - 200-Day EMA: ₹1,335.50 - Current Price: ₹919.15 The stock is trading below its 50-day and 200-day exponential moving averages (EMAs), suggesting a short-term bearish trend. ⚠️ Important Notes - Market Conditions: The stock has experienced significant volatility, with a 52-week high of ₹1,753.17 and a low of ₹455.37. The recent price decline of 19.92% over the past month indicates increased market uncertainty. ) - **Trading Restrictions**: Please be aware of any trading restrictions or circuit limits that may apply to the stock. Please note that these levels and indicators are based on historical data and technical analysis, and actual market conditions may vary. It's advisable to conduct further research or consult with a financial advisor before making investment decisions.
NSE:ADANIGREENLong
by Ashwani123
TOURISM FINANCE CORPORATION OF INDIA​As of April 29, 2025, here are the key support and resistance levels for Tourism Finance Corporation of India Ltd. (TFCILTD) based on recent technical analyses:​ 📊 Monthly Support and Resistance Levels Level Type Value (₹) R3 Resistance 223.88 R2 Resistance 209.94 R1 Resistance 194.33 PP Pivot Point 180.39 S1 Support 164.78 S2 Support 150.84 S3 Support 135.23 These levels are derived from pivot point calculations and can serve as potential reversal or breakout zones for the stock. ​ 📈 Additional Technical Indicators Relative Strength Index (RSI): 56.41, indicating a neutral to slightly bullish momentum. ​ Moving Averages: 20-Day SMA: ₹137.90 50-Day SMA: ₹152.87
NSE:TFCILTDLong
by Ashwani123
XAU/USD Elliott Wave Count: Preparing for Final ImpulseXAU/USD appears to be in a textbook 5-wave impulsive structure on the 4H chart, with the market now completing Wave 4 as a classic ABC corrective flat/pennant. The impulsive move from the Wave 2 low has formed clear internal substructures, with Wave 3 exhibiting extended price action, consistent with Elliott Wave guidelines. Currently, price is consolidating in a contracting pattern labeled Wave 4 (A-B-C), which looks to be near completion. Based on wave symmetry and Fibonacci projections, a strong upside move is anticipated once Wave 4 concludes, leading into the final Wave 5 rally. Entry Zone: 3286.875 Target: 3367.440– 3410.210 Stop Loss: Below 3260.190. 
OANDA:XAUUSD
by Money_Dictators
1
Gold falls below $3,300International gold prices are currently trading around $3,290/ounce, down $40 from last week and far from the record high of $3,500. The bearish structure still prevails as gold is below the EMA34 and EMA89, while failing many times to regain the $3,300 mark. Strong profit-taking pressure, a recovering USD and rising bond yields are dragging gold prices down, despite the previous optimistic expectations from the Kitco survey. If gold continues to weaken below $3,300, it could head towards $3,250, deeper into the $3,200–$3,220 range. Conversely, only when it surpasses $3,320 will the downtrend be challenged. Short-term strategy: Prioritize selling when gold recovers weakly.
OANDA:XAUUSD
by norbanpar
1
Trading Plan – April 28, 2025: GOLD (XAU/USD) Strategy🌟 Daily Trading Plan – April 28, 2025: GOLD (XAU/USD) Strategy 📈 Technical Overview: After the strong sell-off last week, gold is now consolidating around the key support zone 3260–3270. Price action is tightening, forming a symmetrical triangle pattern on the M15 timeframe. The MA 13 – 34 – 200 alignment suggests a short-term bearish trend, but selling momentum is weakening. The chart indicates a potential retest towards resistance levels before deciding the next major move. 🎯 Key Price Zones to Watch: Immediate Resistance: 3299 – 3313 Major Support: 3260 – 3268 – 3239 Potential Rebound Target: A retest towards 3299 – 3313 before a possible sell-off resumes. 📌 Trading Scenarios: Primary Strategy: Look for short-term BUY setups near the 3260–3268 support zone, aiming for a corrective move towards resistance, then watch for SELL signals. 🎯 Detailed Plan: 🔵 BUY Zone: 3260 – 3258 Stop Loss: 3254 Take Profit: 3264 – 3268 – 3272 – 3276 – 3280 – 3290 🔴 SELL Zone: 3299 – 3301 Stop Loss: 3306 Take Profit: 3294 – 3290 – 3286 – 3282 – 3275 📢 Important Notes: Today's price range could move between 60–80 pips, with no major economic events scheduled. However, the market remains highly sensitive to geopolitical news, especially concerning India–Pakistan tensions and U.S.–China relations. Always stick to your TP/SL plans and avoid FOMO during rapid price movements. ✅ Summary: This is a high-sensitivity period for gold. Prioritize trading high-probability setups: BUY at support – SELL at resistance, and only scale in positions after clear confirmation!
OANDA:XAUUSDShort
by MMFlowTrading
2
Bajaj Finance LTD // 1hour Support and ResistanceAs of April 28, 2025, Bajaj Finance Ltd (NSE: BAJFINANCE) is trading at ₹8,731.60. Based on the latest technical analysis, here are the key support and resistance levels for the 1-hour timeframe: 📊 1-Hour Support and Resistance Levels Immediate Support (S1): ₹8,744.55 Immediate Resistance (R1): ₹9,002.55 These levels are derived from recent market data and technical analysis. Movements beyond these points may indicate potential changes in the stock's trend. 🔍 Technical Indicators 20 EMA (Exponential Moving Average): ₹8,393.26 50 EMA: ₹8,381.46 Signal: Strong Bearish The 1-hour chart indicates a strong bearish trend, as both the 20 EMA and 50 EMA are trending downward. This suggests potential selling pressure in the short term. ⚠️ Important Notes Breakout Above Resistance: If the stock price breaks above ₹9,002.55, it may signal a bullish trend. Breakdown Below Support: A drop below ₹8,744.55 could indicate further downside potential. Please note that technical analysis is subject to change based on market conditions. It's advisable to monitor the stock closely and consider consulting with a financial advisor before making any trading decisions.
NSE:BAJFINANCE
by Ashwani123
ACC LTDACC LTD:- ​As of April 28, 2025, ACC Ltd (NSE: ACC) is trading at ₹2,327.85. Based on recent technical analysis, here are the key intraday support and resistance levels for a 15-minute chart timeframe:​ 📉 Support Levels (15-Minute Chart) Support 1 (S1): ₹2,316.93 Support 2 (S2): ₹2,306.02 Support 3 (S3): ₹2,294.98​ These levels are derived from recent pivot point calculations and may act as potential entry points or stop-loss levels for short trades. 📈 Resistance Levels (15-Minute Chart) Resistance 1 (R1): ₹2,327.97 Resistance 2 (R2): ₹2,338.88 Resistance 3 (R3): ₹2,349.92​ These resistance levels are based on recent pivot point calculations and can serve as potential targets for long trades or areas to watch for price reversals. ​ 🔍 Technical Indicators (15-Minute Chart) EMA (5): ₹2,310.56 (Bullish) EMA (10): ₹2,309.98 (Neutral) EMA (15): ₹2,310.18 (Bullish) EMA (20): ₹2,310.68 (Mild Bullish) EMA (50): ₹2,319.19 (Mild Bearish)​ The shorter-term EMAs (5, 10, and 15) indicate a bullish trend, suggesting upward momentum. However, the 50-period EMA shows a mild bearish trend, indicating potential resistance at higher levels. ​ ⚠️ Important Notes Market Conditions: The stock market is influenced by various factors, including economic data, corporate earnings, and global events. It's essential to stay informed about these factors when making trading decisions.​ Risk Management: Always use proper risk management techniques, such as setting stop-loss orders and only risking a small percentage of your trading capital on each trade.​ Consult Professionals: Consider consulting with a financial advisor or conducting further research before making any trading decisions.​
NSE:ACCShort
by Ashwani123
CHENNAI PETROLEUM CORPORATION LTD#CHENNPETRO Weekly Time Frame Technical Analysis for Chennai Petroleum (CHENNPETRO) Potential Bullish Scenario: If the bullish engulfing candle is confirmed with subsequent positive price action, the stock could see an upward move. A break above the recent high around ₹670-1680 could signal further bullish momentum. Potential Bearish Scenario: Failure to sustain above the rising support trendline could lead to further downside. Strong resistance might be encountered at higher levels, potentially limiting the upside. Buy & Sell Setup (Weekly Time Frame): Buy Setup: Entry: Consider entering in the range of 2530 - ₹570, as suggested by some analysts, especially if there is confirmation of the bullish reversal. Alternatively, a more conservative entry could be considered on a sustained break above ₹680. Targets: Target 1: *650 - ₹670 (Short-term) Target 2: *750 - ₹780 (Medium-term) Target 3: *850+ (Medium to Long-term) Stop Loss: Place a stop loss below the recent low or around 433 to manage risk, as suggested by some analyses. A slightly tighter stop loss could be considered based on your risk tolerance, potentially below a key weekly support level. Sell Setup: Entry: Consider a short position if the price breaks down decisively below the rising support trendline, especially Increased volume. Targets: Potential targets could be previous support levels, such as ₹500, 450, and the recent low of *433. Stop Loss: Place a stop loss above the breakdown level or a recent swing high to limit potential losses. Important Considerations: Potential Buy Setup Box: Entry Zone: *580 - ₹635 This zone encompasses the current price action and the recent bullish engulfing candle. Entering within this range assumes the bullish momentum will continue. Target 1: *670 - ₹680 (Previous swing high, potential initial resistance) Target 2: *750 - ₹780 (Medium-term target based on Fibonacci levels and previous price action) Stop Loss: Below *530 This level provides a buffer below the recent low and the potential support trendline. A break below this could negate the immediate bullish scenario. Potential Sell Setup Box: Entry Zone: *670-2700 This zone represents a potential area of resistance based on the previous swing high. Shorting within this range assumes a failure to break above this level. Target 1: *635 - *610 (Initial support level) Target 2: *580 - ₹550 (Further support zone) Stop Loss: Above *720 This level provides protection against a potential breakout above the resistance zone. Visual Representation (Conceptual): Potential Buy Setup: Entry Zone: *580-2635 Target 1: 2670-680 Target 1: 670 - ₹680 Target 2: *750 - ₹780 Stop Loss: Below *530 Potential Sell Setup: Entry Zone: *670 - ₹700 Target 1: *635-610 Target 2: 580-2550 Stop Loss: Above *720 This Analysis for only education purpose & learning
NSE:CHENNPETROLong
by Ashwani123
Sensex index Sensex index :- ​As of April 28, 2025, the BSE Sensex is exhibiting a neutral to slightly bearish short-term trend. Technical indicators suggest that the index is trading within a defined range, with key support and resistance levels to watch for intraday trading.​ 📉 Support Levels Immediate Support: Approximately 75,847 Secondary Support: Around 75,555 Tertiary Support: Near 75,096​ These levels are derived from pivot point calculations based on the previous day's trading range. A breach below these supports could indicate further downside potential.​ 📈 Resistance Levels Immediate Resistance: Approximately 77,349 Secondary Resistance: Around 77,057 Tertiary Resistance: Near 76,765​ These resistance levels are also based on pivot point analysis. A breakout above these levels could signal a potential upward movement.​ 🔄 Market Sentiment The current market sentiment is influenced by a reversal formation and a shooting star candlestick pattern observed in recent trading sessions. This indicates indecision among traders, with potential for both upward and downward movements.​
BSE:SENSEXLong
by Ashwani123
Orient Electric Ltd Orient Electric Ltd :- 🔹 Support Levels S1: ₹217.36 S2: ₹214.02 S3: ₹210.11​ 🔹 Resistance Levels R1: ₹224.61 R2: ₹228.52 R3: ₹231.86​ These levels are derived from pivot point calculations and are widely used by traders to identify potential reversal points or breakout zones. ​ 📊 Technical Indicators Relative Strength Index (RSI): 57.51 (Neutral) Average True Range (ATR): 11.34 (Indicates moderate volatility) Moving Averages: The stock is trading below its 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. ​ 🔍 Analysis Summary The current price is near the support zone. A break below ₹217.36 could lead to further declines towards ₹214.02 and ₹210.11. Conversely, if the stock holds above ₹224.61, it may attempt to retest resistance levels at ₹228.52 and ₹231.86. Traders should watch for significant price action near these levels to assess potential breakout or breakdown scenarios.​
NSE:ORIENTELEC
by Ashwani123