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RAIL VIKAS NIGAM LTDAs of May 16, 2025, Rail Vikas Nigam Ltd. (NSE: RVNL) exhibits a bullish trend on the 30-minute timeframe, supported by several technical indicators: 📈 30-Minute Technical Analysis Summary Current Price: ₹412.45 Relative Strength Index (RSI): 70.92 Indicates overbought conditions, suggesting strong upward momentum. Moving Average Convergence Divergence (MACD): 2.89 Positive value supports the bullish trend. Average Directional Index (ADX): 62.56 Reflects a strong trend strength. Stochastic Oscillator: 78.09 Near overbought territory, indicating strong buying pressure. Rate of Change (ROC): 0.972 Positive value aligns with upward price movement. Supertrend: ₹372.14 Below current price, reinforcing the bullish outlook. Parabolic SAR (PSAR): ₹371.61 Below current price, indicating an uptrend. Chaikin Money Flow (CMF): 0.216 Positive value suggests buying pressure. 📊 TradingView Technical Summary (30-Minute Timeframe) On TradingView, the 30-minute technical indicators for RVNL present a Neutral outlook, suggesting a balance between bullish and bearish signals. ⚠️ Trading Considerations Overbought Indicators: RSI and Stochastic values suggest the stock is in overbought territory; traders should watch for potential pullbacks. Support Levels: Supertrend and PSAR levels around ₹372 may act as support in case of a price correction. Volume Analysis: Monitoring volume trends alongside price movements can provide additional insights into the strength of the current trend.
NSE:RVNL
by TechnicalExpress
DATA PATTERNS INDIA LTDAs of May 16, 2025, Data Patterns (India) Ltd. (NSE: DATAPATTNS) exhibits a mildly bullish trend on the 45-minute timeframe, based on key technical indicators. 📊 45-Minute Technical Snapshot Current Price: ₹2,821.20 20 SMA: ₹1,569.44 50 SMA: ₹1,546.58 Signal: Mild Bullish Latest Price / MA Crossover: 7 ticks back Crossover Type: Bullish Analysis: Mild 20MA up, Mild 50 MA Uptrend, Mild Buy 📈 Additional Technical Indicators Relative Strength Index (RSI): 72.31 Rate of Change (ROC): 56.07 Average Directional Index (ADX): 25.6 📉 Candlestick Patterns Bullish Marubozu: Indicates strong buying pressure. Long White Candle: Suggests bullish momentum. 📌 Summary The 45-minute technical analysis of Data Patterns (India) Ltd. indicates a mildly bullish trend, supported by moving average crossovers and positive momentum indicators. However, the RSI suggests the stock is approaching overbought territory, warranting cautious optimism.
NSE:DATAPATTNS
by TechnicalExpress
NIFTY BANK INDEXBANK NIFTY INTRADAY LEVELS FOR 16/05/2025 BUY ABOVE-55430 SL-55130 TARGETS - 55620,55800,55960 SELL BELOW - 55130 SL-55430 TARGETS-54920,54600,54400 NO TRADE ZONE - 55130 to 55430 Previous Day High - 55430 Previous Day Low - 54400 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING
NSE:BANKNIFTYShort
by TechnicalExpress
TATA MOTORS LTD // 4hour Support and Resistance As of May 16, 2025, Tata Motors Ltd. (NSE: TATAMOTORS) is trading at approximately ₹735.00. Here's a detailed analysis of its support and resistance levels on the 4-hour timeframe, along with insights from technical indicators and chart patterns. 📊 4-Hour Support & Resistance Levels Support Levels: S1: ₹725.02 S2: ₹721.93 S3: ₹718.85 S4: ₹709.59 Resistance Levels: R1: ₹731.18 R2: ₹734.27 R3: ₹737.35 R4: ₹746.61 These levels are derived from Camarilla pivot calculations and provide key price points where the stock may experience buying or selling pressure. 📈 Technical Indicators Overview Relative Strength Index (RSI): 68.4 — approaching overbought territory, suggesting potential for a short-term pullback. MACD (12,26): 8.69 — indicates bullish momentum. Average Directional Index (ADX): 42.07 — reflects a strong trend strength. Stochastic Oscillator: 76.29 — nearing overbought levels, which may signal a potential reversal. Commodity Channel Index (CCI): 103.31 — suggests the stock is in a strong uptrend. These indicators collectively point towards a bullish trend, but caution is advised due to overbought signals. 🔍 Chart Patterns & Price Action Recent analyses indicate that Tata Motors has formed a Shark pattern, with potential resistance in the ₹850 to ₹900 range. Short-term targets include ₹700, ₹750, ₹780, ₹820, ₹860, and ₹900. A weekly candle close above ₹900 could signal further upside potential. Additionally, Elliott Wave analysis suggests that the stock may have completed a Wave (5) near ₹1180, with a potential decline towards the ₹850 level as part of a corrective phase. 🧭 Trading Strategy Insights Bullish Scenario: If the stock sustains above ₹737.35 (R3), it may target higher resistance levels, with ₹746.61 (R4) being a key level to watch. Bearish Scenario: A break below ₹725.02 (S1) could lead to further downside, with support at ₹709.59 (S4) potentially being tested.
NSE:TMPV
by TechnicalExpress
A Seasoned Eye on the Indian Market: Intraday Analysis of May 15A Seasoned Eye on the Indian Market: Intraday Analysis for May 15th Fellow Traders, Greetings from the trading desk where I've had the privilege of observing these captivating market rhythms for over nine decades. Today, May 15th, as the morning session unfolds, we're presented with an intriguing, albeit mixed, canvas across our key Indian indices. The 15-minute charts in front of us offer a granular view, essential for us day traders who thrive on the market's intraday pulse. Let's dissect what these charts are whispering – and occasionally shouting – to us. The Overall Market Tapestry: A Picture of Divergence As of roughly 10:08 AM, the Indian market is not singing in perfect harmony. We see the Nifty 50 slightly in the red at 24,517.05 (-0.18%), while its elder statesman, the S&P BSE Sensex, is exhibiting a touch more resilience, up 0.11% at 81,009.21. This minor divergence between the two giants is noteworthy. Further down the line, the Nifty MidCap Select is holding relatively steady at 12,647.95 (-0.03%), suggesting that the broader market breadth isn't entirely pessimistic at this juncture. However, the elephant in the room, or rather, the bear in the banking hall, is the Nifty Bank. It's showing the most pronounced weakness among the four, trading at 54,474.45, down 0.14%, and its chart warrants our closest attention. The "12 indicators in 1" panel, a consolidated sentiment gauge, is predominantly green across all four indices. This is a crucial piece of information, suggesting underlying buying interest or accumulation, even in the face of some price weakness. This creates a fascinating tension, especially in Nifty Bank, which we will delve into. Nifty 50: Teetering on the Edge The Nifty 50, on its 15-minute chart, has seen a pullback from its intraday highs. It's currently hovering just above the dynamic line of the "Adaptive Trend Finder" indicator. Interestingly, this indicator has flashed a "SELL" signal. However, the price is still trading above the indicator line itself, which is currently at 24,515.35. This is a classic scenario that can cause confusion. Is the "SELL" signal premature, a whipsaw, or is the indicator line acting as immediate support? The "Trend Strength" is noted as "Normal." My experience tells me that when price flirts with an indicator line like this after a signal, a decisive break is needed for confirmation. A sustained move below 24,515 could validate the sell signal, potentially opening up lower levels. Conversely, if this line holds and Nifty bounces, the sell signal would be negated, and it might indicate a failed breakdown attempt. The green bars on the "12 indicators in 1" suggest that buyers are still present. For now, Nifty is in a watchful waiting mode. A break above the recent micro-swing high (around 24,560-ish, looking at the candles) would be a sign of renewed bullish intent for the short term. S&P BSE Sensex: A Beacon of Relative Strength? The Sensex chart paints a slightly more optimistic picture. It’s also seen a minor dip but is holding its ground better than the Nifty 50. Critically, the "Adaptive Trend Finder" on the Sensex is displaying a "BUY" signal, with the price (81,009.21) comfortably above the indicator line (81,010.68 – note the slight discrepancy, price is just below but visually appears above, let's consider it testing the line from above). The upward arrow confirms this bullish stance from the indicator. The "Trend Strength" is "Normal." The "12 indicators in 1" panel is also firmly green. This alignment – a buy signal, price above the line (or testing it), and positive underlying indicators – gives a slightly more confident bullish bias to the Sensex for the immediate short term compared to the Nifty 50. If the Sensex can maintain this posture and break its own intraday highs, it could lead the way for the Nifty. Nifty MidCap Select: The Quiet Consolidator The MidCap Select index is currently a picture of relative calm amidst the minor stirs in the frontline indices. It's trading flat, and the chart shows a period of consolidation. The "Adaptive Trend Finder" here is also on a "BUY" signal, with the price (12,647.95) above the indicator line (12,647.65). The "Trend Strength" is "Moderate," which aligns with the observed sideways price action. The green "12 indicators in 1" here is consistent with the buy signal. Midcaps often have their own stories, but their stability at this point is a small positive. It suggests that risk appetite hasn't evaporated entirely from the broader market. Traders in this segment should watch for a breakout from the current consolidation range to dictate the next short-term move. Nifty Bank: The Crucial Pivot and Potential Troublemaker Now, let's turn to the Nifty Bank, which, in my decades of experience, often holds the key to the market's broader directional bias, especially intraday. Here, the picture is more concerning. The index has clearly been underperforming in the recent candles, making lower highs and lower lows on this 15-minute timeframe. The "Adaptive Trend Finder" has issued a clear "SELL" signal, and the price (54,474.45) is trading below the indicator line (54,472.40 – again, price is actually above this specific print, but visually appears to be struggling with the line as resistance). The downward arrow reinforces this bearish signal from the indicator. The "Trend Strength" is "Normal." This is where things get particularly interesting and require a seasoned interpretation. Despite this clear sell signal on the Adaptive Trend Finder and the immediate bearish price action, the "12 indicators in 1" panel for Nifty Bank is staunchly GREEN. This is a significant divergence. What does it mean? Several possibilities arise: Lagging Composite Indicator: The "12 indicators in 1" might be lagging, and the price action combined with the Adaptive Trend Finder's signal is the true leading indication of developing weakness. Accumulation by Strong Hands: The green panel could suggest that despite the surface-level selling, stronger players are absorbing the supply at these levels, anticipating a bounce. Non-Confirmation & Impending Volatility: Such divergences often precede a sharp move. The market is essentially coiled. If the selling pressure in Bank Nifty intensifies and it decisively breaks below the current lows (around 54,400, eyeballing the chart), the green on the 12-in-1 might quickly flip, and we could see a cascade. Conversely, if buyers step in, vindicating the 12-in-1 indicator, and Nifty Bank reclaims levels above, say, 54,550-54,600, the sell signal from the Adaptive Trend Finder could prove to be a bear trap. Given Nifty Bank's weight, its direction will likely influence the Nifty 50 significantly. The current setup in Bank Nifty demands extreme vigilance. Inter-Market Dynamics & Trading Considerations The key takeaway from this snapshot is the divergence between Nifty Bank and the other indices, particularly the Sensex. While Sensex and MidCaps are showing buy signals on the Adaptive Trend Finder, Nifty Bank is on a sell. Nifty 50 is caught in the middle, with a sell signal but price attempting to hold above the indicator line. As day traders, such mixed signals call for caution, not aggressive conviction. For Longs: The Sensex, if it continues to hold above its Adaptive Trend line (approx. 81,000-81,010), might offer opportunities, but keep a close eye on Nifty Bank. If Bank Nifty slides further, it will likely drag Sensex down too. For Shorts: Nifty Bank is the prime candidate if bearish momentum picks up. A confirmed break below its Adaptive Trend line (around 54,470) and the immediate swing lows could be a trigger. However, the green "12-in-1" is a warning sign for bears – be prepared for a potential sharp reversal if support holds. Nifty 50 is the Battlefield: It will likely resolve in the direction of the victor between Sensex's resilience and Bank Nifty's weakness. Wait for a clearer signal here – a decisive break above recent highs or below the Adaptive Trend line (24,515). The Wisdom of Experience: Patience and Risk Management Remember, these are 15-minute charts. Trends can be fleeting, and the market can turn on a dime. We are still in the first couple of hours of trading; the true directional intent for the day often solidifies later. Volume Confirmation: I don't have volume data in this view, but always seek volume confirmation for your trades. Breakouts on low volume are suspect. Stop-Losses are Non-Negotiable: In such a mixed environment, defined stop-losses are your best friend. Position Sizing: Adjust your position size according to the conviction in the trade and the market's volatility. Smaller bets are prudent when signals are muddled. The market is a dynamic entity. What we see now can change rapidly. The "12 indicators in 1" remaining green across the board is a thread of underlying optimism, but price action is king. The Nifty Bank's trajectory in the next hour or so will be pivotal. Stay nimble, stay disciplined, and may the pips be with you. We are observers and reactors, always respecting what the tape tells us. This early session is setting up an interesting day; let's watch how these patterns evolve.
NSE:BANKNIFTY
by appzandgame
RSI Divergence part 2The relative strength index (RSI) is calculated using the following formula: RSI = 100 – 100 / (1 + RS) Where RS = Average gain of up periods during the specified time frame / Average loss of down periods during the specified time frame asset price is considered overbought (due for a correction) when RSI is above 70, and oversold (due for a rebound) when it is below 30. Some traders use more extreme levels (80/20) to reduce false readings. In a strong uptrend, RSI will often reach 70 and beyond for sustained periods, and downtrends can stay at 30 or below for a long time. While general overbought and oversold levels can be accurate, they may not provide the most timely signals for trend traders.
Education
by SkyTradingZone
NIFTY BANK INDEX Banknifty will try to go near 56000 buy on dip near support How to take trades using Harmonic pattern projection Trade setup is explained below:- Entry: 1st SL point: 0% is recent top or bottom. Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 2nd D 22.5% to 24.5% range then early traders can make fresh reversals trade after breaking 1st D 15.1% safe traders can reversal trade after breaking Point D 22.5.4% to 24.5% range Targets: Target T1: 36.1% to 38.3% Target T3: 49.1% to 52.5% T3: 60.9% to 64.8% is our 3rd Target since this is reversal zone so must book profit if break then take fresh trade again Target T4: 76.4% to 79.7% Next Targets are 100%, 127.2%,141.4% and final Target 161.8%. How to take reversal trade: If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection). Trailing SL: After reach 1st Target trail SL to just above or below cost (for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Re-Entry: For Re-entry in any pull back Point D (15.1%) is used for re-entry then SL recent high or low Point SL (0%).
NSE:BANKNIFTYShort
by TechnicalExpress
INDUSIND BANK LTD Bullish on INDUSIND BANK Trade Setup: This is a positional breakout trade with a favorable risk-reward ratio. The structure indicates potential for a move toward *855 initially, with ₹900+ as a stretch target if momentum sustains. ✰ Entry Zone: On a breakout above 780-7785 Target Zone: *855 / 900+ ✰ Stop Loss: *745 (on daily close basis) Disclaimer: This is not investment advice. Please do your own research or consult with your financial advisor before making trading decisions.
NSE:INDUSINDBKLong
by TechnicalExpress