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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
REC LTDAs of May 16, 2025, REC Ltd. (NSE: RECLTD) demonstrated a positive movement on the daily chart, with the stock closing at ₹406.45, marking a 3.07% increase from the previous close of ₹394.35. The day's trading range spanned from a low of ₹395.10 to a high of ₹409.65, with a substantial trading volume of approximately 14.4 million shares, indicating heightened investor interest. 📈 Technical Indicators (Daily Timeframe) Relative Strength Index (RSI): 53.25 – Positioned in the neutral zone, suggesting neither overbought nor oversold conditions. Moving Average Convergence Divergence (MACD): 0.37 – A positive value indicating bullish momentum, albeit modest. Money Flow Index (MFI): 58.15 – Reflects moderate buying pressure, aligning with the day's positive price movement. Average Directional Index (ADX): 31.99 – Suggests a developing trend strength, which traders should monitor for potential continuation or reversal. Stochastic Oscillator (20,3): Approximately 55–80 – Indicates a bullish condition, but approaching overbought territory, warranting caution. Commodity Channel Index (CCI): Positive territory – Signifies that the stock is trading above its average price, supporting the bullish outlook. 📊 Pivot Points (Classic Method) Support Levels: S1: ₹380.68 S2: ₹371.87 S3: ₹358.68 Resistance Levels: R1: ₹402.68 R2: ₹415.87 R3: ₹424.68 The stock's closing price is above the first resistance level (R1), suggesting potential to test higher resistance levels if bullish momentum continues. 🔍 Trend Analysis Recent technical assessments indicate that REC Ltd. may be entering a critical phase. A head and shoulders pattern was identified on the daily chart, with a breakout observed on March 19, 2024. This pattern typically signals a potential reversal, and the breakout was accompanied by increased trading volume and a bearish signal on the MACD indicator. Currently, the RSI is at a low level, and sustained momentum from the breakout may lead to further downward movement. ⚠️ Investor Considerations Volatility: The stock has a beta of approximately 2.01, indicating higher volatility compared to the broader market. Valuation Metrics: P/E Ratio: 6.74 – Suggests the stock is trading at a relatively low multiple compared to the industry average. P/B Ratio: 1.35 – Indicates a reasonable valuation in terms of book value. Dividend Yield: 4.43% – Reflects a strong return to shareholders. 52-Week Range: ₹127.40 – ₹654.00 – The current price is significantly below the 52-week high, offering potential upside if the stock rebounds. 📌 Summary REC Ltd.'s recent price action and technical indicators suggest a cautiously optimistic outlook. While the stock has shown a positive movement, the presence of a head and shoulders pattern and other technical signals warrant careful monitoring. Investors should watch for confirmation of trend continuation or reversal, particularly around the identified support and resistance levels.
NSE:RECLTDLong
by TechnicalExpress
ADANI PORT & SEZ LTDAs of May 16, 2025, Adani Ports and Special Economic Zone Ltd. (NSE: ADANIPORTS) continues to exhibit a bullish trend on the monthly timeframe, supported by key technical indicators and significant price movements. 📊 Monthly Technical Overview Current Price: ₹1,407.40 1-Month Gain: +16.31% 52-Week Range: ₹703.00 – ₹1,621.40 All-Time High: ₹1,621.40 (June 3, 2024) 📈 Key Technical Indicators Relative Strength Index (RSI): 68.19 – Approaching overbought territory, indicating strong buying momentum. MACD: +6.97 – Positive value suggests bullish momentum. Stochastic Oscillator: 88.40 – In overbought zone, which may signal a potential pullback. Commodity Channel Index (CCI): 252.86 – Indicates the stock is overbought. Williams %R: -19.29 – Also suggests overbought conditions. Average Directional Index (ADX): 16.45 – Points to a weak trend strength, implying that while the trend is upward, it may not be strongly established. 🧮 Moving Averages 10-Day EMA: ₹235.52 20-Day EMA: ₹229.64 50-Day EMA: ₹220.86 100-Day EMA: ₹222.11 200-Day EMA: ₹244.28 The current price is trading well above all key EMAs, reinforcing the bullish outlook. 📌 Pivot Points (Classic Method) Support Levels: S1: ₹239.67 S2: ₹233.63 S3: ₹229.72 Resistance Levels: R1: ₹249.62 R2: ₹253.53 R3: ₹259.57 The stock is nearing R1, and a breakout above this could lead to testing R2 and R3. 💡 Summary Adani Ports & SEZ Ltd. demonstrates strong bullish momentum on the monthly timeframe, trading above key moving averages and supported by high trading volumes. However, several indicators suggest overbought conditions, which may lead to short-term consolidation or a minor pullback. Investors should monitor the stock's movement around the ₹1,407–₹1,621 range for potential resistance and watch for confirmation before making new entries.
NSE:ADANIPORTSLong
by TechnicalExpress
Bharat Heavy Electricals LtdAs of May 16, 2025, Bharat Heavy Electricals Ltd. (BHEL) exhibited a strong bullish trend on the daily chart, supported by various technical indicators. 📊 Daily Technical Overview Closing Price: ₹250.35 Day’s Range: ₹244.16 – ₹259.99 Volume: ~50.24 million shares, significantly higher than the 20-day average of ~12.66 million shares, indicating strong trading activity. 📈 Key Technical Indicators Relative Strength Index (RSI): 68.19 – Approaching overbought territory, suggesting strong buying momentum. MACD: 6.97 – Indicates bullish momentum. Stochastic Oscillator: 88.40 – In overbought zone, which may signal a potential pullback. Commodity Channel Index (CCI): 252.86 – Suggests the stock is overbought. Williams %R: -19.29 – Also indicates overbought conditions. Average Directional Index (ADX): 16.45 – Points to a weak trend strength, implying that while the trend is upward, it may not be strongly established. 🧭 Moving Averages Short-Term: 10-Day EMA: ₹235.52 20-Day EMA: ₹229.64 Medium-Term: 50-Day EMA: ₹220.86 100-Day EMA: ₹222.11 Long-Term: 200-Day EMA: ₹244.28 The current price is above all these moving averages, reinforcing the bullish outlook. TipRanks 🔍 Pivot Points (Classic Method) Support Levels: S1: ₹239.67 S2: ₹233.63 S3: ₹229.72 Resistance Levels: R1: ₹249.62 R2: ₹253.53 R3: ₹259.57 The stock is nearing R1, and a breakout above this could lead to testing R2 and R3. 📌 Summary BHEL's stock demonstrates strong bullish momentum, trading above key moving averages and supported by high trading volumes. However, several indicators suggest overbought conditions, which may lead to short-term consolidation or a minor pullback. Investors should monitor the stock's movement around the ₹250–₹260 range for potential resistance and watch for confirmation before making new entries.
NSE:BHELLong
by TechnicalExpress
SKM EGG PRODUCTS technical analysisSKM Egg Products Export (India) Ltd. (NSE: SKMEGGPROD) is currently trading at INR 199.71. The company specializes in the production and export of processed egg products, catering to both domestic and international markets. Key Levels Support Level: INR 135.65 Swing Level: INR 226.43 Possible Upside Levels: INR 487.95, INR 578.75, INR 694.40 Technical Indicators RSI: The Relative Strength Index (RSI) is currently at 46.54, suggesting neutral momentum. RSI indicates whether a stock is overbought or oversold, with values above 70 signaling overbought conditions and below 30 indicating oversold levels. Volume: The trading volume is moderate, showing stable investor participation. Increased volume near key levels may confirm potential price action in either direction. Sector and Market Context SKM Egg Products operates within the food processing and export sector, which benefits from rising global demand for protein-based nutrition and processed food products. The industry is influenced by exchange rate fluctuations, commodity pricing, and regulatory changes in export policies. Additionally, increased consumer awareness of health-focused diets has contributed to sector growth, benefiting companies offering specialized products like SKM Egg. However, broader market trends, including inflation, global trade agreements, and supply chain efficiency, may affect stock performance. Latest News and Development Recent reports indicate SKM Egg has maintained steady export volumes, with increasing demand from European and Asian markets. Analysts highlight potential expansion into newer geographic regions, which could drive revenue growth in the upcoming quarters. The latest quarterly results show stable margins, though raw material costs have increased slightly, impacting operational efficiency. SKM Egg Products has not declared a dividend in the recent quarter, reflecting a reinvestment strategy for expansion and production capacity enhancement. Analysis Summary SKM Egg Products exhibits balanced technical momentum, with key levels identified to gauge future price movements. While RSI suggests neutral sentiment, sector dynamics and export trends remain favorable for long-term growth. The company’s strategic expansion and steady demand support its outlook, though macroeconomic factors and industry-specific risks should be monitored.
NSE:SKMEGGPRODLong
by TechnicalAnalystSucrit
Share Ind Securities Ltd Share India Securities Ltd. is a prominent technology-driven financial services company in India, established in 1994. The company offers a wide range of services, including equity and derivatives broking, commodity and currency trading, portfolio management, mutual fund distribution, and investment advisory services. With a strong emphasis on algorithmic trading and fintech solutions, Share India aims to provide advanced trading platforms to its clients. **Company Overview:** * **Founded:** 1994 * **Headquarters:** Noida, Uttar Pradesh, India * **Chairman & Managing Director:** Parveen Gupta * **CEO & Whole-Time Director:** Sachin Gupta * **Managing Director:** Kamlesh Vadilal Shah * **Employee Strength:** Over 3,700 employees * **Branch Network:** Presence in 16 states with a network of 729 branches **Key Services:** * **Trading Services:** Equity, derivatives (F\&O), commodities, and currencies * **Investment Services:** Portfolio management, mutual fund advisory, and investment research * **Technology Solutions:** Algorithmic trading platforms with AI and machine learning capabilities * **Online Platforms:** Web-based trading terminal and mobile application for seamless trading experiences **Financial Highlights (Fiscal Year Ending March 2024):** * **Revenue:** ₹16.57 billion * **Gross Profit:** ₹8.81 billion * **Operating Income:** ₹6.58 billion * **Income Before Tax:** ₹6.58 billion  **Stock Information:** * **Ticker Symbol:** SHAREINDIA * **Listed On:** National Stock Exchange (NSE) and Bombay Stock Exchange (BSE)
BSE:SHAREINDIALong
by TheGoldenFarmsofEquity
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:TATAMOTORS
by TechnicalExpress
NIFTY FINANCIAL SERVICES INDEXAs of May 13, 2025, the Nifty Financial Services Index (NIFTYFIN) closed at 26,206.00, reflecting a decline of 1.10% for the day. 📊 30-Minute Timeframe Technical Overview Key Support and Resistance Levels: Support: Approximately 25,245.07 Resistance: Approximately 26,562.40 These levels are derived from recent price actions and are crucial for traders monitoring short-term movements. Technical Indicators Summary: Relative Strength Index (RSI 14): 52.33 – Neutral Stochastic Oscillator (9,6): 98.35 – Overbought Stochastic RSI (14): 2.60 – Oversold MACD (12,26): 54.67 – Buy Average Directional Index (ADX 14): 15.72 – Neutral Williams %R: -1.94 – Overbought Commodity Channel Index (CCI 14): -48.30 – Neutral Average True Range (ATR 14): 166.29 – Indicates lower volatility Rate of Change (ROC): 2.80 – Buy Bull/Bear Power (13): -19.22 – Sell Interpretation: The technical indicators present a mixed outlook. While the MACD and ROC suggest bullish momentum, the overbought readings from the Stochastic Oscillator and Williams %R indicate potential for a short-term pullback. The neutral RSI and ADX values suggest a lack of strong directional momentum. 📈 Accessing 30-Minute Charts For real-time 30-minute interval charts and advanced technical analysis tools, consider the following platforms: TradingView – Nifty Financial Services Index Investing.com – Nifty Financial Services Chart Groww Terminal – Nifty Financial Services These platforms offer customizable charts with various indicators to assist in your analysis.
NSE:CNXFINANCE
by TechnicalExpress
Patanjali for 2000Patanjali Foods: A Bullish Outlook Patanjali Foods has undergone a significant transformation since its acquisition by the Patanjali Group, evolving from primarily an edible oil company (Ruchi Soya) into a diversified FMCG and food powerhouse. Your bullish stance appears well-supported by several factors: **1. Strong Fundamentals & Business Model * **Diversified Product Portfolio:** * **Edible Oils:** Still a core business with strong brands like Nutrela, Mahakosh, Sunrich, Ruchi Gold, and now Patanjali oils. This segment benefits from consistent household demand. * **FMCG Expansion:** Leveraging the Patanjali brand, they've aggressively expanded into biscuits (Patanjali Biscuits), noodles, breakfast cereals, atta (flour), juices, and other food products. This is a high-growth area. * **Food & Nutraceuticals:** Products like Nutrela Soya Chunks, other Nutrela high-protein items, and Patanjali's health-focused food items tap into the growing health and wellness trend. * **Palm Oil Plantations:** One of India's largest palm oil plantation companies, aligning with the government's push for self-sufficiency in edible oils. This provides backward integration and control over raw material to some extent. * **Brand Strength & Distribution:** * **Patanjali Brand Equity:** The Patanjali name carries immense trust, particularly in Tier-2, Tier-3 cities, and rural India, associated with "swadeshi" (indigenous) and natural products. * **Ruchi Soya's Legacy:** Established distribution network and brand recognition from Ruchi Soya, especially in the edible oil segment. * **Synergistic Network:** The combined entity benefits from Patanjali's vast network of stores (Patanjali Chikitsalayas, Arogya Kendras, Swadeshi Kendras) alongside traditional retail channels. * **Management & Vision:** Driven by Baba Ramdev and Acharya Balkrishna, the company has an aggressive growth vision, focusing on capturing a larger share of the Indian FMCG market. * **Debt Reduction:** Post-acquisition, a key focus has been on deleveraging the balance sheet, which improves financial health and profitability. **2. "Good Results" - Financial Performance:** Your observation of "good results" likely points to: * **Revenue Growth:** Driven by volume growth in existing categories and expansion into new FMCG segments. * **Improved Profitability:** Synergies from the acquisition (cost optimization, better procurement), focus on higher-margin FMCG products, and potentially better operational efficiencies contributing to improved EBITDA and Net Profit margins. * **Healthy Cash Flows:** Stronger operational performance leading to better cash generation. * **Return Ratios:** Improving Return on Equity (ROE) and Return on Capital Employed (ROCE) as profitability and asset utilization get better. **3. "Strong Chart" & "Uptrend" with "Good Volumes": Technical Perspective** From a technical standpoint, your observations are key bullish indicators: * **Uptrend:** The stock is likely exhibiting a pattern of higher highs and higher lows on various timeframes (daily, weekly). This indicates sustained buying interest. * **Good Volumes:** Price increases accompanied by rising volumes suggest strong participation and conviction behind the move. It validates the uptrend, indicating that institutional and retail interest is robust. Low volume rallies are often less reliable. * **Breakouts:** The "strong chart" might show breakouts from key resistance levels, consolidation patterns (like flags, pennants, or triangles), or moving average crossovers (e.g., 50-day MA crossing above 200-day MA – a "golden cross"). * **Support Levels:** During pullbacks, the stock likely finds support at previous resistance levels (now acting as support) or key moving averages, which is characteristic of a strong uptrend. * **Relative Strength:** The stock might be outperforming the broader market indices or its peers in the FMCG sector, indicating superior strength. **Investment Strategy: "Take SL and Ride the Trend"** This is a classic trend-following approach, well-suited for stocks exhibiting the characteristics you've described: * **Entry:** You've likely already entered or are looking for entry points on minor dips within the larger uptrend. * **Stop-Loss (SL):** * **Crucial for Risk Management:** This is your safety net. If the trend unexpectedly reverses, the SL will limit your potential losses. * **Placement:** A logical SL could be placed below a recent significant swing low, a key support level, or a certain percentage below your entry based on your risk tolerance and the stock's volatility (e.g., using Average True Range - ATR). * **Trailing Stop-Loss:** As the stock moves in your favor, you can trail your stop-loss upwards. This locks in profits while still giving the stock room to fluctuate within its uptrend. For example, if the stock makes a new swing high and then pulls back to form a new swing low (which is higher than the previous one), you could move your SL below this new swing low. * **Riding the Trend:** * **Patience:** The goal is to stay with the trend as long as it remains intact, capturing a significant portion of the upward move. Avoid getting shaken out by minor corrections. * **Monitoring:** Keep an eye on the price action, volumes, and key support levels. Weakness (e.g., breaking below a key moving average on high volume, or forming lower highs and lower lows) would be a signal to reconsider your position or tighten your SL. * **Profit Taking:** While riding the trend, you might consider partial profit booking at predefined targets or if the stock becomes extremely overbought, but the core idea is to let winners run. Potential Catalysts for Continued Upside: * Further successful launches in new FMCG categories. * Continued improvement in margins and debt reduction. * Positive developments in the palm oil business, especially with government support. * Strong overall consumption trends in India. **Important Considerations (Even in a Bullish Scenario):** * **Market Volatility:** Broader market sentiment can impact even strong stocks. * **Competition:** The FMCG sector is highly competitive with established players. * **Raw Material Prices:** Volatility in agri-commodity prices (especially edible oils) can impact margins if not managed well. * **Valuation:** While fundamentals are good, always keep an eye on whether the stock price has run too far ahead of its earnings potential. **Conclusion:** Your bullish assessment of Patanjali Foods, based on strong fundamentals, positive results, a clear uptrend backed by good volumes, and a robust chart structure, seems well-founded. The strategy to "take SL and ride the trend" is a disciplined approach to capitalize on such opportunities. Remember to adjust your stop-loss as the trend progresses to protect profits and manage risk effectively.
NSE:PATANJALILong
by DrAmansingh
Nifty Index // 45minutes Support and ResistanceAs of the market close on May 9, 2025, the Nifty 50 index stood at 24,008.00, marking a decline of 265.80 points (-1.10%) for the day. 📊 Intraday Support & Resistance Levels (45-Minute Timeframe) While specific 45-minute pivot points are not directly available, we can infer key intraday support and resistance levels based on recent market data: Immediate Resistance Levels: 24,164.25: Recent day's high, acting as immediate resistance. 24,273.80: Previous closing value, serving as a resistance point. 24,500.00: A psychological resistance level observed in recent trading sessions. Immediate Support Levels: 23,935.75: Recent day's low, acting as immediate support. 23,800.00: A key support zone identified in recent analyses. 23,500.00: A psychological support level observed in recent trading sessions. 🔍 Technical Indicators Summary As per the latest technical analysis: Relative Strength Index (RSI): 30.201 – Indicates a bearish condition. Stochastic Oscillator (9,6): 97.279 – Suggests an overbought condition. MACD (12,26): -105.46 – Indicates a bearish signal. Average Directional Index (ADX): 47.759 – Suggests a strong trend. Commodity Channel Index (CCI): -86.2237 – Indicates a bearish condition. These indicators collectively suggest a bearish outlook for the Nifty 50 index in the short term. 📈 Trading Insights Resistance Zone: The index faces resistance around the 24,164.25 to 24,273.80 range. A break above this zone could signal bullish momentum. Support Zone: Support is observed around the 23,935.75 to 23,800.00 range. A breach below this zone may indicate further downside potential.
NSE:NIFTY
by TechnicalExpress
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
Gold surges thanks to China buying goods, waiting for FED waveInternational gold prices jumped to 3,332 USD/ounce, up more than 72 USD compared to the bottom of last night's session. The main driving force came from the wave of gold buying in China, when concerns about the weakening economy caused people to massively turn to gold as a safe haven. The H4 chart shows a strong increase, EMA34 has crossed EMA89, establishing a clear short-term uptrend. If gold surpasses 3,340 USD, it is likely to head towards the old peak around 3,420–3,500 USD. Crude oil prices are still fluctuating strongly around 57.2 USD/barrel, creating an unstable foundation for the commodity market. The FED will announce its policy in the early morning of May 8. Although it is expected to not change interest rates, any statement can move the market. This will be the next big catalyst for gold.
OANDA:XAUUSD
by norbanpar
2
INDUSIND Bank // 1month Support and ResistanceAs of May 5, 2025, here are the key 1-Month Support and Resistance levels for IndusInd Bank Ltd. (NSE: INDUSINDBK) based on recent technical analyses: 📊 Monthly Support and Resistance Levels Level Value (₹) S3 809.77 S2 888.08 S1 941.97 Pivot 1,015.58 R1 1,074.17 R2 1,152.48 R3 1,206.37 These levels are derived from the previous month's price range and are commonly used to identify potential reversal points in the market. 📈 Technical Indicators Relative Strength Index (RSI): 44 (Neutral) Moving Average Convergence Divergence (MACD): 5.16 (Sell) Average Directional Index (ADX): 25.44 (Weak Trend) Commodity Channel Index (CCI): -61.09 (Downtrend) Money Flow Index (MFI): 26.16 (Strong Downtrend) These indicators suggest a neutral to slightly bearish momentum, indicating potential downward movement if selling pressure increases. 📌 Summary Immediate Support: ₹809.77 Immediate Resistance: ₹1,074.17 Medium-Term Outlook: Neutral to slightly bearish, with mixed signals from moving averages and momentum indicators. Please note that technical analysis is subject to change based on market conditions. It's advisable to monitor these levels regularly and consider consulting with a financial advisor for personalized investment advice.
NSE:INDUSINDBKLong
by Ashwani123
HDFC Bank ltd // 3hour Support and ResistanceAs of May 5, 2025, here are the key support and resistance levels for HDFC Bank Ltd. (NSE: HDFCBANK) based on the 3-hour chart: 📊 3-Hour Pivot Points Level Value (₹) S3 1,689.18 S2 1,701.12 S1 1,714.03 Pivot 1,725.97 R1 1,738.88 R2 1,750.82 R3 1,763.73 These levels are calculated based on the previous day's high, low, and close prices and are used to identify potential support and resistance zones. 📈 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. 📌 Summary Immediate Support: ₹1,689.18 Immediate Resistance: ₹1,738.88 Medium-Term Outlook: Bullish, with strong momentum indicators and positive moving averages. Please note that technical analysis is subject to change based on market conditions. It's advisable to monitor these levels regularly and consider consulting with a financial advisor for personalized investment advice.
NSE:HDFCBANK
by Ashwani123
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
Bajaj Finance ltd // 4hour Support and ResistanceAs of May 3, 2025, Bajaj Finance Ltd (NSE: BAJFINANCE) is exhibiting the following key support and resistance levels on a 4-hour timeframe: 📊 4-Hour Support and Resistance Levels Level Price (₹) Type Support 1 8,316.37 Support 2 8,236.03 Support 3 8,184.07 Resistance 1 8,448.67 Resistance 2 8,500.63 Resistance 3 8,580.97 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): 64.48, indicating an uptrend. Stochastic RSI: 0.6, suggesting upward momentum. Commodity Channel Index (CCI): 199.12, reflecting a strong uptrend. Money Flow Index (MFI): 75.33, indicating strong buying pressure. These indicators suggest a bullish trend, with the stock trading above its 20-day and 50-day Simple Moving Averages (SMA), and the 100-day and 200-day SMAs indicating an uptrend. 📈 Strategy Considerations Bullish Scenario: If the stock price maintains above the support levels, particularly Support 1 at ₹8,316.37, it may continue its upward movement towards Resistance 1 at ₹8,448.67. 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:BAJFINANCE
by Ashwani123
ITC LTD // 1week Support and Resistance​As of May 1, 2025, at 10:20 AM IST, ITC Ltd (NSE: ITC) is trading at ₹403.05. Based on recent technical analysis, here are the key support and resistance levels for the stock on a weekly (1W) chart:​ 📊 Weekly Support and Resistance Levels Immediate Support Levels: ₹402.50 ₹394.45 ₹388.00​ Immediate Resistance Levels: ₹409.10 ₹417.30 ₹423.75​ These levels suggest that if the stock price declines below ₹402.50, it may find support around ₹394.45 and ₹388.00. Conversely, if the price rises above ₹409.10, it could encounter resistance near ₹417.30 and ₹423.75. ​ 🔍 Technical Indicators ADX (Average Directional Index): 29.19 – indicates a trending market. RSI (Relative Strength Index): 47.4 – suggests neutral momentum. MACD (Moving Average Convergence Divergence): -4.66 – indicates a negative trend. CCI (Commodity Channel Index): 2.74 – suggests neutral momentum.​ These indicators suggest a neutral to slightly bearish outlook for ITC in the short term. ​ 📈 Summary ITC is currently trading near its immediate support levels. A break below ₹402.50 could lead to a decline towards ₹394.45 and ₹388.00. On the upside, resistance is observed at ₹409.10, ₹417.30, and ₹423.75. Traders should monitor these levels closely, as a decisive move beyond these support or resistance levels could signal the next directional move.
NSE:ITCLong
by Ashwani123
ICICI Bank // 4hour Support and ResistanceAs of May 1, 2025, at 10:08 AM IST, ICICI Bank Ltd (NSE: ICICIBANK) is trading at ₹1,266.75. Based on recent technical analysis, here are the key support and resistance levels for the stock on a 4-hour (4H) chart: 📊 4-Hour Support and Resistance Levels Immediate Support Levels: ₹1,266.75 (current price) ₹1,258.00 ₹1,248.00 Immediate Resistance Levels: ₹1,278.00 ₹1,288.00 ₹1,298.00 These levels suggest that if the stock price declines below ₹1,266.75, it may find support around ₹1,258.00 and ₹1,248.00. Conversely, if the price rises above ₹1,278.00, it could encounter resistance near ₹1,288.00 and ₹1,298.00. 🔍 Technical Indicators ADX (Average Directional Index): 17.73 – indicates a weak trend. RSI (Relative Strength Index): 55.87 – suggests neutral momentum. MACD (Moving Average Convergence Divergence): 11.45 – indicates a positive trend. CCI (Commodity Channel Index): 88.61 – suggests the stock is in an uptrend. These indicators suggest a neutral to slightly bullish outlook for ICICI Bank in the short term.
NSE:ICICIBANKLong
by Ashwani123
CASTROL technical analysisStock Overview: Castrol India Ltd, NSE, current price: INR 202.98. Castrol India Ltd is a prominent player in the manufacturing and marketing of automotive and industrial lubricants, greases, and related products, with a strong presence in the automotive sector. Key Levels: Support levels: INR 191.34, INR 169.85, INR 138.71. Upside swing zone: INR 209.13. Possible upside levels: INR 277.15, INR 308.30, INR 347.95. Technical Indicators: RSI (Relative Strength Index): The RSI is currently at 54.44, indicating a neutral stance. This suggests that the stock is neither overbought nor oversold, reflecting balanced momentum. Typically, RSI above 70 suggests overbought conditions, while below 30 indicates oversold zones. Volume: The trading volume stands at 84.45M, showcasing active investor participation. Higher peaks in trading volume highlight periods of heightened investor interest, which may signal forthcoming price volatility or pivotal movements. Sector and Market Context: Operating in the lubricants industry, Castrol India Ltd’s performance is closely tied to automotive production and industrial activity. The automotive sector, being sensitive to consumer demand, technological shifts, and regulatory influences, is currently witnessing a mix of recovery and innovation trends. The overall market reflects a cautious optimism, with moderate growth visible in some segments despite macroeconomic headwinds. Castrol's position as a lubricant leader aligns it well with the sector's evolving demands, though the sector remains subject to fluctuations tied to global oil prices and economic cycles. Risk Considerations: Market Volatility: Rapid shifts in market sentiment could lead to unpredictable price fluctuations. Economic Dependency: Any downturn in industrial or automotive production could directly impact demand for lubricants. Regulatory Policies: New environmental or industry regulations could pose challenges to operations. Commodity Price Risks: Variability in crude oil prices could influence input costs, affecting margins. Analysis Summary: Castrol India Ltd reflects a steady technical stance with firm support levels offering resilience. Its potential upside levels and a positive swing zone indicate opportunities for momentum-based movements. The RSI’s neutral position suggests balanced momentum, while trading volumes emphasize active investor engagement. Factoring in sector dynamics and broader market conditions, the stock holds a balanced outlook. However, potential investors should remain mindful of broader market trends, sector-specific developments, and potential risks before making any decisions. This analysis provides a comprehensive perspective without any direct buy or sell recommendations.
NSE:CASTROLINDLong
by TechnicalAnalystSucrit
6
ITC Limited ( India’s largest diversified conglomerates )ITC Limited Overview ITC Limited is one of India’s largest diversified conglomerates, headquartered in Kolkata. Established in 1910 as the Imperial Tobacco Company, it has transformed into a multi-business enterprise with a strong focus on sustainability and innovation. Key Business Segments FMCG (Fast-Moving Consumer Goods): Branded Packaged Foods: Aashirvaad, Sunfeast, Bingo!, Yippee!, and Kitchens of India. Personal Care: Savlon, Vivel, Fiama, and Engage. Education & Stationery: Classmate and Paperkraft. Lifestyle Retail : Wills Lifestyle and ITC Fiama Di Wills. Hotels: Luxury hospitality chain ITC Hotels (e.g., ITC Maurya, ITC Grand Chola) with over 120 properties. Focus on "Responsible Luxury" with LEED-certified green buildings. Paperboards, Paper & Packaging: Leading manufacturer of sustainable packaging solutions. Brands: PAPERKRAFT, ECOLEAF. Agri Business: Agri-commodity exports (soy, coffee, spices) and farm-to-fork value chains. e-Choupal : Digital initiative empowering 4 million+ farmers with market access. Information Technology: ITC Infotech (subsidiary): Provides AI, cloud, and cybersecurity solutions globally. Sustainability & ESG Leadership Carbon Positive: 3x renewable energy use vs. consumption. Water Positive: 2x water replenished vs. used. Solid Waste Recycling Positive: 1.5 million+ metric tons recycled. Social Impact: 12 million+ livelihoods supported through CSR initiatives. Global Footprint Exports to 90+ countries (agri-products, apparel, FMCG). ITC Infotech operates in 30+ countries. Leadership Chairman: Sanjiv Puri (since 2020). Known for driving diversification into non-tobacco businesses and ESG focus.
NSE:ITC
by askbiswanath2025
Gold Trading Strategy for 21st April 2025📊 Gold Intraday Trading Strategy – April 21, 2025 🔼 Buy Setup (Bullish Scenario) Trigger: Buy only if the 15-minute candle closes above $3358. Entry: After confirmation of a breakout above $3358 on a 15-minute candle close. Targets: Target 1: $3370 Target 2: $3385 Target 3: $3400 Stop Loss: Below the low of the breakout candle, or as per your risk management plan. Tip: Avoid chasing a breakout candle if it’s unusually large. Wait for a pullback or a retest of $3358 for a safer entry. 🔽 Sell Setup (Bearish Scenario) Trigger: Sell only if the 15-minute candle closes below $3306. Entry: After confirmation of a breakdown below $3306 on a 15-minute candle close. Targets: Target 1: $3290 Target 2: $3275 Target 3: $3260 Stop Loss: Above the high of the breakdown candle, or based on your personal risk profile. Tip: Ensure there’s momentum or volume supporting the breakdown to avoid false signals. ⚠️ Disclaimer: This analysis is provided for educational purposes only and is not financial advice. Trading in gold or any commodity involves significant risk and may not be suitable for all investors. Always do your own research or consult a licensed financial advisor before making any investment decisions. Past performance is not indicative of future results. You are solely responsible for your own trades.
TVC:GOLD
by ramkkyy
5