Search in ideas for "SUPPORTANDRESISTANCE"
Sensex - Weekly review Sep 15 to Sep 19Price is consolidating near the 82000 zone. Sustaining above this can make the price to give a strong bullish movement.
Buy above 82040 with the stop loss of 81920 for the targets 82120, 82240, 82360, 82440, 82580, 82700, 82840, and 82960.
Sell below 81700 with the stop loss of 81820 for the targets 81600, 81520, 81400, 81260, 81120, 81020, 81900, and 81740.
Always do your analysis before taking any trade.
Adobe's support and resistance.Support
330 is coming out to be a strong support... Bounceback multiple times, back in May'23, Apr'25, Aug'25, Sep'25 (in progress). Be very cautious if the stock goes below 330 and stays there. It is an exit point.
Resistance
365 is a short-term resistance level from the last 45 days, followed by 385, 400, and 440. These are good points to sell if the stock price struggles at these levels
Good news
The bounce back is forming a double bottom, so above 386, the stock can reach 440 very rapidly.
Not-so-good news
Even with revised guidance in the earnings report, the stock was unable to surpass 365. This shows a lack of confidence and downward pressure.
Sensex - Sep 4 Expiry Day AnalysisDo you remember that the Sensex weekly expiry is on Thursdays? Today, the price took support from 80000, and gave 500 points move. Nearby resistance is at the 80750 - 80800 zone.
Buy above 80520 with the stop loss of 80420 for the targets 80600, 80720, 80800, 80920, 81040, and 81200.
Sell below 80280 with the stop loss of 80400 for the targets 80200, 80080, 80000, 79880, 79800, and 79680.
Expected expiry day range is 80100 to 81200.
Always do your analysis before taking any trade.
HUL - Support & Resistance AnalysisHUL - Daily Chart Analysis (Support & Resistance)
Key Factors to Reach 2810 & 3000 level
=> Support Level (Double Bottom) created on 04.03.25 & 07.04.25
=> Broken the Strong Resistance Level (Between 2458.20 & 2529.85)
=> Uptrend in intact
=> Next, the price will move to the next Resistance levels of 2810 & 3025 (Targets)
=> Last traded Price - 2629.90
=> Stop Loss - 2395 on closing Basis
In Addition,
=> US Tariff will have minimal impact
=> Expect that the coming GST revision will have benefit
Reliance - A ReviewPrice opened with a gap up and moved up slowly. It crossed an important zone at 1400 and sustained above it. Price is bullish as long as it is sustaining above 1400.
The buying range is above 1415 - 1420. Observe how the price is reacting at this level.
Buy above 1415 with the stop loss of 1402 for the targets 1426, 1438, 1450, and 1466.
The daily chart shows price is breaking out of the consolidation zone.
Always do your analysis before taking any trade.