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POST-FOMC MARKET OUTLOOK | Is Gold Poised for More Gains?🟡 GOLD 08/05 – POST-FOMC MARKET OUTLOOK | Is Gold Poised for More Gains? After last night’s FOMC meeting, the outcome came in line with expectations — the Fed held rates steady at 4.25%–4.50% and maintained a hawkish tone. Powell reinforced that there is no urgency to cut rates and that future policy will depend on incoming economic data. Despite some dovish hopes from the market, the Fed remained cautious — no pivot, no surprises. 🔥 Geopolitical Tensions: Meanwhile, geopolitical stress between India and Pakistan is escalating again around the Jammu-Kashmir region. This could continue to act as a bullish driver for gold, especially in Asia where safe-haven demand is more sensitive to border conflicts. 🧠 Market View: BUY Setup Still Dominates Over the past few sessions, gold has shown strong accumulation followed by solid bullish momentum. As long as candle structure remains healthy, buying dips near 338x–336x remains the preferred strategy. However, if an unexpected catalyst drives a breakdown below 336x with confirmation from candle close, this could invalidate the short-term bullish bias and open the door for a sell setup, targeting the large liquidity gap between 3354 to 3340. Until then, trade the range — respect top and bottom of key intraday zones. 📉 TECHNICAL ZONES TO WATCH: 🔺 Resistance Levels: 3396 3408 3430 3455 🔻 Support Levels: 3384 3366 3354 3334 🎯 Trade Plan: 🔵 BUY ZONE: 3336 – 3334 SL: 3330 TP: 3340 → 3344 → 3348 → 3352 → 3356 → 3360 🔴 SELL ZONE: 3430 – 3432 SL: 3436 TP: 3426 → 3422 → 3418 → 3414 → 3410 → 3400 ⚠️ Key Event Ahead: Today’s US session brings the Unemployment Claims report — known to trigger high volatility in precious metals. Stay alert, and always wait for confirmation candles before executing trades near critical zones. ✅ Follow for real-time updates and mid-session trade setups. 💬 Drop your view in the comments below – are we going to break higher or revisit liquidity zones?
OANDA:XAUUSD
by MMFlowTrading
HDFC Bank Ltd // 4hour Support and ResistanceAs of May 8, 2025, here are the key 4-hour support and resistance levels for HDFC Bank Ltd (NSE: HDFCBANK), based on recent technical analyses and pivot point calculations: 📊 Key Support & Resistance Levels Immediate Support: ₹1,891.80 Immediate Resistance: ₹1,933.00 Current Market Price (CMP): ₹1,917.70 A sustained move above ₹1,933 may open room for further upside, potentially towards the ₹1,960–₹1,980 range, as per chart projections. 🔁 Pivot Point Levels (Daily) Pivot Type Support Levels Resistance Levels Classic S1: ₹1,938.90S2: ₹1,929.10S3: ₹1,912.60 R1: ₹1,965.20R2: ₹1,981.70R3: ₹1,991.50 Fibonacci S1: ₹1,938.90S2: ₹1,928.85S3: ₹1,912.60 R1: ₹1,955.15R2: ₹1,965.20R3: ₹1,981.70 Camarilla S1: ₹1,943.19S2: ₹1,940.78S3: ₹1,938.37 R1: ₹1,948.01R2: ₹1,950.42R3: ₹1,952.83 Woodie S1: ₹1,940.57S2: ₹1,932.45 R1: ₹1,958.75R2: ₹1,966.87 Demark S1: ₹1,934.00 R1: ₹1,960.30 📈 Technical Indicators Relative Strength Index (RSI): 72.46 (Strong Uptrend) Stochastic RSI: 0.92 (Strong Uptrend) Commodity Channel Index (CCI): 130.18 (Strong Uptrend) Money Flow Index (MFI): 86.61 (Strong Uptrend) These indicators suggest a strong bullish momentum, indicating potential upward movement if buying interest continues. 📌 Trading Insights Bullish Scenario: A decisive breakout above ₹1,933 could lead to a rally towards ₹1,960–₹1,980. Bearish Scenario: If the price falls below ₹1,891.80, it may test lower support levels around ₹1,870.69. Neutral Zone: The area between ₹1,891.80 and ₹1,933 is critical; price action within this range may indicate consolidation before the next significant move.
NSE:HDFCBANK
by TechnicalExpress
APL (APOLLO TUBES LTD)As of May 6, 2025, here are the key intraday support and resistance levels for APL Apollo Tubes Ltd (NSE: APLAPOLLO): 📊 Intraday Support & Resistance Levels Standard Pivot Points: Support Levels: S1: ₹1614.17 S2: ₹1599.23 S3: ₹1580.17 Resistance Levels: R1: ₹1648.17 R2: ₹1667.23 R3: ₹1682.17 Fibonacci Pivot Points: Support Levels: S1: ₹1614.17 S2: ₹1601.18 S3: ₹1593.15 Resistance Levels: R1: ₹1635.18 R2: ₹1648.17 R3: ₹1656.20 Camarilla Pivot Points: Support Levels: S1: ₹1615.18 S2: ₹1612.07 S3: ₹1608.95 Resistance Levels: R1: ₹1621.42 R2: ₹1624.53 R3: ₹1627.65 The current price of APL Apollo Tubes Ltd is trading above the Camarilla R3 and Fibonacci R1 levels, indicating strong bullish momentum. Traders may consider these levels for potential entry or exit points, keeping in mind that surpassing the R3 levels could suggest overbought conditions, while approaching S1 or S2 levels might indicate potential support zones.
NSE:APLAPOLLOLong
by TechnicalExpress
BHEL (Bharat Heavy Electricals Ltd)STOCK BREAKOUT STOCK: Bharat Heavy Electricals Ltd (BHEL) CMP: 225 KEEP SUPPORT : 220 TARGET: 235. In the latest short-term technical analysis, Bhel has shown a strong and consistent bullish trend, indicating the potential for an extended upward move. The stock is currently trading at *225 and holding above a key support level at *220. This support zone serves as a critical point for risk management. → Given the bullish momentum, traders are advised to consider a buying opportunity with a stop-loss placed strategically at *220 to manage downside risk. The target for this trade is set at *235, suggesting a favorable risk-to-reward ratio and a continuation of the prevailing upward trend.
BSE:BHELLong
by TechnicalExpress
Nifty Bank Index As of May 8, 2025, here are the key intraday support and resistance levels for the Nifty Bank Index (BANKNIFTY), based on various pivot point calculations: 📊 Intraday Support & Resistance Levels Pivot Type Support Levels Resistance Levels Classic S1: 54,125.76S2: 53,640.63S3: 53,361.36 R1: 54,890.16R2: 55,169.43R3: 55,654.56 Fibonacci S1: 54,113.03S2: 53,932.63S3: 53,640.63 R1: 54,697.03R2: 54,877.43R3: 55,169.43 Camarilla S1: 54,540.83S2: 54,470.76S3: 54,400.69 R1: 54,680.97R2: 54,751.04R3: 54,821.11 Woodie S1: 54,228.70S2: 53,692.10 R1: 54,993.10R2: 55,220.90 Demark S1: 54,265.40 R1: 55,029.80 Note: The central pivot point (PP) across these methods is approximately 54,405.03.h 🔍 Observations Immediate Support: The 54,000–54,200 range is a crucial support zone. A breach below this could indicate a bearish trend. Immediate Resistance: The 54,800–55,200 range serves as a significant resistance area. Sustained trading above this may suggest bullish momentum. Technical Indicators: The Relative Strength Index (RSI) for Nifty Bank is currently in the neutral zone (45–55), indicating a balanced market without a clear bullish or bearish bias. 📈 Trading Strategy Tips Bullish Scenario: If the index maintains levels above 54,800, it may target the 55,200–55,650 range. Bearish Scenario: A drop below 54,000 could lead to further declines toward 53,600 or lower. Neutral/Bounce Zone: The area between 54,400 and 54,700 is pivotal. Monitoring price action here can provide insights into potential breakouts or reversals
NSE:BANKNIFTY
by TechnicalExpress
NIFTY 50 INDEXNifty Expiry Day Game Plan (15-Min Chart) Key Level: 24,300 - Strong Support Bullish Scenario (High Probability) ✦ If market holds above 24,300: Look for bullish candles or retest bounce. Target 1: 24,500 Target 2: 24,800 (in upcoming sessions) X Bearish Scenario (Only if Breakdown) ✰ If price breaks & closes below 24,300 with volume:With followed Candle Need to Sustain Target: 24,110 Why this Zone -Prior selling seen below this zone us Federal Reserve leaves interest rates unchanged, remains at 4.25% - 4.50%. But warns of potential slowdown in achieving Federal Reserve's objectives.
NSE:NIFTYShort
by TechnicalExpress
ADITYA BIRLA CAPITAL LTD Company Name: Aditya Birla Capital Ltd (NSE: ABCAPITAL) Sector: Financial Services Market Cap: Large Cap | ~₹53,000 Cr Headquarters: Mumbai, India Parent Group: Aditya Birla Group 🧾 Business Overview: Aditya Birla Capital is a diversified financial services player offering a wide range of solutions across: Lending: Personal, SME, and housing loans through Aditya Birla Finance Asset Management: One of India's top AMC players via joint venture with Sun Life Insurance: Life and health insurance products Wealth & Broking: Wealth management, equity broking, and portfolio management services 💼 Key Strengths: Strong backing of Aditya Birla Group Wide distribution network across India Growing AUM and diversified revenue streams Focus on digital and retail loan expansion 📊 Stock Insight: NSE Symbol: ABCAPITAL 52-Week Range: ₹153 – ₹225 Trend: Medium-term bullish with support near ₹209 Support and Resistance Levels (Intraday – 15M): Immediate Resistance: ₹215.50 (Price tested this level twice, indicating strong short-term selling pressure.) Next Resistance: ₹218.20 (Gap-fill zone; breakout above this may trigger momentum buying.) Immediate Support: ₹211.70 (Recent bounce zone and short-term base.) Strong Support: ₹209.50 (Multiple rejections below this level; buyers likely to defend.) Trend Insight: Price is consolidating in a narrow range between ₹211.70 and ₹215.50. A breakout above or below this band may set the next directional move.
NSE:ABCAPITALShort
by TechnicalExpress
Reliance Industries Ltd //15min Support and ResistanceRELIANCE INDUSTRIES LTD – 15-Minute Chart Support & Resistance Support and Resistance Levels (Intraday – 15M): Immediate Resistance: ₹2,870 (Recent high and intraday rejection zone) Major Resistance: ₹2,895 (Near day's high; breakout can lead to strong momentum) Immediate Support: ₹2,840 (Short-term base and minor bounce level) Strong Support: ₹2,815 (Previous breakout zone; defended multiple times intraday) Trend Insight: RELIANCE is trading in a rising channel, with buyers stepping in around ₹2,840. Sustained move above ₹2,870 may trigger an upside breakout.
NSE:RELIANCEShort
by TechnicalExpress
KPR MILL LTD KPR MILL LTD – 1-Day Chart Support & Resistance Support and Resistance Levels (Daily Timeframe): Immediate Resistance: ₹810 (Recent swing high; needs breakout for bullish continuation) Major Resistance: ₹835 (Multi-month resistance zone; breakout can lead to a strong rally) Immediate Support: ₹770 (Recent consolidation base; key for trend sustainability) Strong Support: ₹745 (Previous breakout level and demand zone) Trend Insight: KPR Mill is in a medium-term uptrend, but facing consolidation near ₹810. A sustained close above ₹810 may trigger momentum, while ₹770 acts as a crucial support zone.
NSE:KPRMILLLong
by TechnicalExpress
NIFTY // 4hour Support and Resistance Index Name: NIFTY 50 Exchange: NSE | Benchmark index of the Indian equity market Constituents: 50 large-cap companies across 13 sectors 🧾 Overview: The NIFTY 50 represents India’s top-performing blue-chip companies and acts as a barometer of the overall market health. It covers sectors like financials, IT, FMCG, energy, and auto. 💼 Key Sector Weights: Financial Services – ~35% IT – ~13% Oil & Gas – ~12% Consumer Goods – ~9% Auto – ~6% 📊 Current Trend Insight (as of 4H chart): Index near resistance at 22,620 Holding support at 22,350 indicates buying strength Sustained breakout above 22,620 could lead to a move toward 22,800+ NIFTY 50 Index – 4-Hour Chart Support & Resistance Support and Resistance Levels (4H Timeframe): c Trend Insight: NIFTY is forming higher lows, indicating bullish strength. Consolidation above 22,350 strengthens the case for a breakout. Watch 22,620 for momentum entry confirmation.
NSE:NIFTY
by TechnicalExpress
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