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DABUR INDIA LTDAs of May 22, 2025, Dabur India Ltd (NSE: DABUR) closed at ₹477.05, reflecting a 0.98% decline from the previous session. 📊 Daily Support and Resistance Levels Based on technical analysis, the following support and resistance levels have been identified for Dabur India Ltd: Classic Pivot Points: Pivot Point: ₹476.48 Support Levels: S1: ₹474.61 S2: ₹473.23 S3: ₹471.36 Resistance Levels: R1: ₹477.86 R2: ₹479.73 R3: ₹481.11 Additional Support and Resistance Levels: Support: ₹470.28, ₹473.67, ₹478.38 Resistance: ₹481.77, ₹486.48, ₹489.87 📈 Technical Indicators Overview The current technical indicators suggest a bearish outlook for Dabur India Ltd: Relative Strength Index (RSI): 43.56 (indicates a bearish trend) Stochastic RSI: 11.05 (oversold condition) MACD: 0.47 (bullish crossover) Average Directional Index (ADX): 31.01 (indicates a strong trend) Commodity Channel Index (CCI): -165.91 (suggests the stock is oversold) 📌 Summary Current Price: ₹477.05 Immediate Support Levels: ₹474.61, ₹473.23, ₹471.36 Immediate Resistance Levels: ₹477.86, ₹479.73, ₹481.11 Given the current technical indicators and support/resistance levels, traders should exercise caution. Monitoring the stock's movement around these key levels can provide insights into potential trading opportunities. It's advisable to consider these technical factors in conjunction with broader market trends and fundamental analysis before making investment decisions.
NSE:DABURLong
by TechnicalExpress
DIXCON TECHNO (INDIA) LTDAs of May 22, 2025, Dixon Technologies (India) Ltd (NSE: DIXON) closed at ₹15,170.00, reflecting a 2.84% decline from the previous close of ₹15,612.00. 30-Minute Support and Resistance Levels Based on the 30-minute technical analysis, the following pivot points have been identified: Classic Pivot Points: Resistance Levels: R1: ₹15,184.66 R2: ₹15,305.33 R3: ₹15,383.66 Support Levels: S1: ₹14,985.66 S2: ₹14,907.33 S3: ₹14,786.66 Pivot Point: ₹15,106.33 Fibonacci Pivot Points: Resistance Levels: R1: ₹15,182.35 R2: ₹15,229.31 R3: ₹15,305.33 Support Levels: S1: ₹15,030.31 S2: ₹14,983.35 S3: ₹14,907.33 Pivot Point: ₹15,106.33 Camarilla Pivot Points: Resistance Levels: R1: ₹15,082.24 R2: ₹15,100.48 R3: ₹15,118.73 Support Levels: S1: ₹15,045.76 S2: ₹15,027.52 S3: ₹15,009.27 Pivot Point: ₹15,106.33 These levels can serve as reference points for intraday trading strategies. Technical Indicators Overview The current technical indicators suggest a bearish outlook: Relative Strength Index (RSI): 30.31, indicating the stock is approaching oversold territory. Moving Average Convergence Divergence (MACD): -311.32, signaling downward momentum. Average Directional Index (ADX): 53.38, suggesting a strong trend. Commodity Channel Index (CCI): -112.93, indicating a potential oversold condition. Rate of Change (ROC): -8.43, reflecting negative momentum. Bull/Bear Power: -681.10, emphasizing bearish dominance. Overall, the technical analysis points to a strong sell signal. Analyst Ratings Analyst consensus on Dixon Technologies is mixed: Strong Buy: 8 analysts Buy: 8 analysts Hold: 3 analysts Sell: 6 analysts Strong Sell: 1 analyst This distribution indicates a cautious stance among analysts, with a notable number recommending buying the stock, while others advise selling.
NSE:DIXONShort
by TechnicalExpress
Breakout Building Up from Falling Wedge PatternIndex: Nifty 50 Timeframe: 15-minute Date: 21st May 2025 Price Action Insight After a strong sell-off, NIFTY 50 formed a solid V-shaped recovery, followed by a series of higher lows, indicating a shift in momentum from sellers to buyers. Price is now consolidating near a key resistance level at 24,839.35, suggesting a potential breakout or rejection setup. Chart Patterns in Focus Falling Wedge (Bullish Reversal) Breakout occurred after price compressed into the wedge. A textbook reversal pattern signaling buying interest returning. Bullish Flag / Pennant Formation Post-wedge breakout, price is consolidating in a narrow range (flag). Typically seen as a continuation pattern before another bullish leg. Trendline Support Price is holding above an ascending trendline, forming higher lows, reinforcing bullish bias. Volume Analysis Volume spiked during the wedge breakout – confirming buyer participation. Current consolidation shows declining volume, indicating a possible volume expansion ahead. Watch for a volume surge during breakout or breakdown for trade confirmation. Educational Insight: How to Read This Setup Why this matters for traders: A falling wedge + bullish flag is a high-conviction combo. Volume contraction during consolidation is healthy and often precedes explosive moves. Price rejecting or sustaining above resistance gives traders directional edge. Always wait for confirmation with price action + volume to avoid fakeouts. Trade Scenarios ✅ Bullish Scenario (Long Trade) Entry: Above 24,839.35 Target Zones: 24,900 / 24,950 Stop-Loss: Below 24,740.80 (below consolidation and trendline support) Confirmation: Breakout candle with above-average volume ❌ Bearish Scenario (Short Trade) Entry: Below 24,740.80 Target Zones: 24,650 / 24,580 Stop-Loss: Above 24,839.35 Confirmation: Breakdown from trendline support + rise in selling volume
NSE:NIFTY
by simpletradewithpatience
4
3MINDIA at Breakout Crossroads📅 Chart Type: Daily 📉 Structure Observed: Downtrend Channel → Breakout Attempt → Symmetrical Triangle 📌 Current Price: ₹29,620 🔍 Chart Analysis Summary: 3M India has been under a prolonged downtrend since mid-2023, clearly respecting the falling channel (highlighted in blue). However, since March 2025, a base seems to be forming, and price action has converged into a symmetrical triangle pattern (yellow lines), signaling a potential breakout. 💥 Trade Ideas ✅ Long Trade (High Risk, High Reward): If price decisively breaks out above the triangle resistance (~₹30,000+), it could be the first real sign of trend reversal after months of weakness. Potential targets could be: ₹31,200 (resistance zone) ₹33,500+ (previous swing highs) Stop-loss: Below ₹28,800 (lower triangle boundary) Risk: Moderate-High (False breakout possibility due to low volume) ⚠️ Risky Trade: Given the triangle formation at the end of a downtrend, this could also be a bearish continuation pattern. A fake breakout followed by rejection could trap bulls. 💡 Avoid trading until confirmation (volume spike + close above resistance or breakdown) 📉 Short Trade: If price breaks below ₹28,800 with volume, the stock could revisit: ₹27,000 (March support) ₹25,000 (channel support retest) Stop-loss: ₹30,100 (triangle resistance) Risk: Medium Reward: High if channel resumes downward 🔁 Swing Trade Perspective: This setup is ideal for swing traders who thrive on breakouts or breakdowns from tight consolidations. 📈 Breakout Swing: Enter above ₹30,000 with target ₹33,500 📉 Breakdown Swing: Enter below ₹28,800 with target ₹25,000 🧠 Wait for confirmation candle (daily close + volume) before entry. 📌 Key Zones to Watch: Resistance: ₹30,000 – ₹31,200 Support: ₹28,800, ₹27,000 Volume Spike: Needed to confirm move direction 🧠 Final Thoughts: This is a make-or-break level for 3M India. Traders should be cautious but alert. Whether you're bullish or bearish, this consolidation is unlikely to last much longer — and a sharp move is imminent. "In the market, the biggest profits often come from waiting for the right setup. This might be one." 📉💰 Trade responsibly. Always manage your risk.
NSE:3MINDIA
by ayusharya_001
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
EDELWEISS FIN SERV LTDAs of May 21, 2025, Edelweiss Financial Services Ltd. (NSE: EDELWEISS) is trading at ₹93.89, marking a 2.84% increase over the previous day. TradingView 📊 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: ₹90.68 S2: ₹87.07 S3: ₹85.09 Resistance Levels: R1: ₹96.27 R2: ₹98.25 R3: ₹101.86 Pivot Point: ₹92.66 🔍 Technical Indicators Relative Strength Index (RSI): 58.01 (indicates uptrend) Commodity Channel Index (CCI): 62.68 (indicates uptrend) Money Flow Index (MFI): 74.25 (indicates strong uptrend) 📈 Moving Averages 20-day EMA: ₹90.32 50-day EMA: ₹88.93 100-day EMA: ₹86.66 200-day EMA: ₹84.35 📝 Trading Insights The current price is above the pivot point, suggesting a bullish stance. If the price continues to rise, it may test the resistance levels. Conversely, a drop below the pivot could lead to testing the support levels.
NSE:EDELWEISSLong
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
TATA COMMUNICATIONS LTDTata Communications Limited is a leading Indian multinational telecommunications company and a key player in the global digital infrastructure landscape. Headquartered in Mumbai, it operates as a subsidiary of the Tata Group and is publicly traded on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under the ticker symbol TATACOMM. 🏢 Company Overview Founded: 1986 as Videsh Sanchar Nigam Limited (VSNL); rebranded to Tata Communications in 2008. Ownership: Majority-owned by Tata Group (58.87%), with the remaining shares held by public investors. Global Reach: Operates in over 190 countries and territories, carrying approximately 30% of the world's internet routes. Leadership: MD & CEO: Amur Lakshminarayanan Chairperson: Renuka Ramnath 🌐 Services & Solutions Tata Communications positions itself as a digital ecosystem enabler, offering a comprehensive suite of services: Network & Connectivity: Global IP networks, Ethernet, MPLS, and SD-WAN solutions. Cloud & Edge Computing: Multi-cloud connectivity, edge computing platforms, and managed cloud services. Cybersecurity: Advanced threat detection, cloud security, and managed security services. Unified Communications: Solutions like GlobalRapide and JAMVEE for seamless collaboration. IoT & Mobility: IoT connectivity solutions, including LoRaWAN and private networks. Content Delivery: Robust CDN services for optimized content delivery. These offerings cater to diverse industries, including automotive, manufacturing, logistics, aviation, and retail. 📈 Financial Highlights In the first quarter of fiscal year 2024, Tata Communications reported: Revenue: ₹56.33 billion (approx. $673.4 million), marking an 18% year-over-year increase. Data Services Growth: 20% rise, contributing over 80% to total revenue. Digital Portfolio Expansion: 52% growth, driven by increased demand for digital services. Net Profit: ₹3.33 billion, a 13% decline due to a 20% rise in expenses. EBITDA Margin: Contracted to 20% from 21.5% the previous year. The company aims to achieve data business revenue of ₹280 billion by FY27, up from ₹178.98 billion in FY24. 🔄 Strategic Initiatives Acquisition of Kaleyra: In October 2023, Tata Communications acquired Kaleyra, a Communications Platform as a Service (CPaaS) company, enhancing its capabilities in cloud communications and customer engagement. Infrastructure Expansion: Continues to invest in subsea cable systems, including the Tata Global Network, to strengthen global connectivity. Digital Transformation Focus: Emphasizes enabling digital transformation for enterprises, supporting borderless growth and innovation.
NSE:TATACOMMLong
by TechnicalExpress
USHA MARTIN LTD.USHA MARTIN LTD. USHA MARTIN BREAKS OUT! 7.5% SURGE SIGNALS MASSIVE RALLY AHEAD USHAMART Made Beautiful Chart Structure of Kinda Triple Bottom Reversal Pattern today after Q4 Results with Good Price and Volume action and Breaking the Trendline. Price Action: -The stock has been in a downtrend since November 2024, forming a clear descending resistance line (white diagonal Trendline) -Currently showing strong breakout momentum at ₹334.85, up *23.75 (+7.46%) in today's session -Successfully broken above both the downtrend line and horizontal resistance at *320-325 -Multiple tests of support at the *290 level have created a solid base for the current rally -Higher lows forming since March indicate increasing buying pressure Volume Analysis: - Today's volume at 4.98M shares vs. average of 688.65K (over 7x normal volume) -Previous support bounces (green arrows) also occurred with increased volume - Extremely high volume on today's breakout confirms strong institutional interest - Volume profile shows healthy accumulation during support tests Key Support and Resistance Levels: - Strong support established at *290 level (green horizontal line) - Intermediate resistance/support at *320-325 (lower red horizontal line) -Major resistance at *350 level (upper red horizontal line) - The previous rejection point at ₹350 (red arrow) now becomes the next target - Long-term resistance from October to December 2024 around *420 Technical Patterns: 1. Downtrend Line Breakout*- Price has decisively broken above the multi-month downtrend line 2. Kinda Triple Bottom- Formed at ₹290 level (February-May), creating a solid foundation 3. Ascending Triangle- Recent price action shows higher lows against horizontal resistance 4. Volume Confirmation- Massive volume spike validates the technical breakout 5. Bullish Engulfing Candle-Today's price action engulfs previous bearish candles Trade Setup: - Pattern: Downtrend line breakout + horizontal resistance break - Confirmation: Strong price action with 7x normal volume - Context: Potential trend reversal after extended downtrend and base formation Entry Points: 1. Aggressive Entry: Current price (*334.85) with partial position 2. Pullback Entry: On retest of breakout level *320-325 3. Confirmation Entry: Add positions on close above ₹350 (previous resistance) Exit Strategy: - Target 1: *350 (immediate resistance) - Target 2: *380 (intermediate resistance based on prior support level) - Target 3: *420 (major resistance from December 2024) - Trailing Stop: Implement a 5% trailing stop after Target 1 is achieved Stop Loss Placement: - Aggressive Stop: 315 (below breakout level) - Conservative Stop: 305 (midpoint between support and breakout) - Pattern-Based Stop: 290 (below the triple bottom support) Risk Management: - Position sizing: Limit risk to 1-2% of trading capital -Risk-reward ratio: Maintain at least 1:1.5 (with aggressive stop) - Consider scaling in: 50% at current level, 25% on pullback, 25% on further confirmation - Scale out: 30% at Target 1, 40% at Target 2, hold remainder with trailing stop Today's powerful breakout on record volume after forming a kinda triple bottom pattern suggests a potential trend reversal. The breakout above both the descending trendline and horizontal resistance provides a compelling technical case for upside continuation. If the stock can maintain momentum above the *325 level, it could target the next resistance at ₹350 quickly, with potential for a move toward *380-420 in the coming weeks. Keep in the Watchlist. NO RECO. For Buy/Sell. Thank you for exploring my idea! I hope you found it valuable. FLLOW for more BOOST if useful COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:USHAMARTLong
by TechnicalExpress
DIVI S LABORATORIES LTDDIVI S LABORATORIES LTD DIVISLAB: Rounding Bottom Consolidation Breakout..!! DIVISLAB is showing good consolidation Breakout above the Rounding Bottom structure breakout.. target and sl are on the chart.... there is lot of scope in large cap stocks as the data shows.. All data is available in public domain.. CMP: 6580 TG: 7800 SL: 5840 Stock's selection based on 5 Point Analysis: 1: Idea : Breakout. 2: Support: Volume, Delivery. 3: Technical: 21/55/200-EMA, Super trend up, RS>0 RSI. 4: Fundamental: PE, PAT, Industry & peer PE and sector performance. 5: Timing: Entry Timing on Daily chart. Disclaimer: It is my personal view as a trader and for educational purpose only. Equity market involves risk. Please consult your financial adviser before taking any decision. Disclosure: might be Hold
NSE:DIVISLABLong
by TechnicalExpress