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NIFTY 50 PREDICTION OF 16-09-2020T ODAY GREEN CANDLE FORM AFTER PREVIOUS RED CANDLES, IT SHOWS BULLISH STRENGTH OF THE MARKET. AT 14-09-2020 PROFIT BOOKING WAS THERE, SO ONLY BUYING WOULD FORM IN THE MARKET. MARKET SENTIMENT DATA: Moving Averages - - 100% Strong Buy Momentum Oscillators - 83% Strong Buy Trend Oscillators - 67% Buy Volatility - - 100% Strong Buy ALL INDICATOR DATA: Name Value Action RSI(14) 55.287 Buy STOCH(9,6) 63.209 Buy STOCHRSI(14) 70.377 Buy Williams %R -18.270 CCI(14) 38.9796 Neutral ROC 3.721 Buy Ultimate Oscillator 58.761 Buy KEY POINTS FOR TOMORROW 1. MARKET SHOULD OPEN ABOVE 11565. 2. STRONG RESISTANCE IS 11550. 3. AFTER GAP UP SHORT SELLING WILL FORM NEAR 11585. 4. AVOID TRADE ABOVE 11600 AS BUY CALL. 5. ABOVE 11585 CHANCE OF SHORT SELLING, BUT IN LIMITED ZONE. (11525-11565) IF MARKET OPEN IN GAP DOWN (BELOW 11500), THEN BUY IMMEDIATELY. BUT OPEN BELOW 11460, THEN SHORT SELL. ALSO AWARE INTERNATIONA AND NATIONAL NEWS SENTIMENTS.
NSE:NIFTYShort
by MaheshRaj1995
AUBANK 1 Day View📊 Intraday Technical Levels (1-Day Time Frame) Based on pivot point analysis and Fibonacci retracements, here are the key support and resistance levels for today: 🔹 Standard Pivot Points Support Levels: S1: ₹709.93, S2: ₹693.88, S3: ₹683.92 Resistance Levels: R1: ₹725.98, R2: ₹732.07 🔹 Camarilla Pivot Points Support Levels: S3: ₹701.64, S2: ₹703.11, S1: ₹704.58 Resistance Levels: R1: ₹707.52, R2: ₹708.99, R3: ₹710.46 🔹 Fibonacci Retracement Levels Support Levels: S1: ₹700.01, S2: ₹693.06 Resistance Levels: R1: ₹719.85, R2: ₹725.72 🔹 Woodie's Pivot Points Support Levels: S1: ₹698.02, S2: ₹692.91 Resistance Levels: R1: ₹708.96, R2: ₹714.08 🔹 Demark Pivot Points Support Levels: S1: ₹696.92 Resistance Levels: R1: ₹712.98 📈 Technical Indicators Relative Strength Index (RSI): Currently at 60, indicating a bullish trend with room for further upside. Moving Average Convergence Divergence (MACD): The MACD line is above the signal line, suggesting upward momentum. Stochastic Oscillator: Reading between 55 and 80, indicating a bullish condition. 🔍 Summary AU Small Finance Bank Ltd is exhibiting a bullish trend in the 1-day time frame, trading above key pivot levels. The RSI and MACD indicators support this positive outlook. Traders may consider monitoring the stock for potential breakout opportunities above resistance levels.
NSE:AUBANKLong
by TechnicalExpress
12
TCS 1D Time frame🔍 Current Price & Context Trading around ₹3,089 Day’s range: ₹3,065 – ₹3,107 Previous close: ₹3,171 Market sentiment: Bearish, influenced by external factors affecting IT stocks. 📊 Technical Indicators Moving Averages: Short-term averages are slightly above current price, acting as resistance. RSI (14): ~30, indicating oversold conditions. MACD: Negative, showing bearish momentum. Stochastic Oscillator: Oversold, may suggest a short-term reversal. CCI (20): Below zero, confirming bearish trend. ROC (20): Negative, indicating declining momentum. 🧮 Strategy / Trade Ideas Long Setup: Entry near support (~3,050) if bullish reversal appears Stop Loss: Below 3,000 Targets: 3,100 first, then 3,150 Short / Pullback Setup: Entry if price fails near resistance (~3,100) Stop Loss: Above 3,150 Targets: 3,050 first, then 3,000 ✅ Summary TCS on daily chart is bearish but oversold. Watch immediate support (~3,050) for potential reversal, and resistance (~3,100 – 3,120) for pullback risk. A breakout above resistance could target 3,150+, while failure of support may lead toward 3,000.
NSE:TCSLong
by Knowledgehub
2
BANKNIFTY 1D Time frame🔍 Current Market Snapshot Current Level: ₹55,541.30 Day’s Range: ₹55,315.55 – ₹55,666.35 52-Week Range: ₹47,702.90 – ₹57,628.40 Previous Close: ₹55,458.85 Market Sentiment: Neutral to mildly bearish 📊 Technical Indicators Moving Averages: The BANKNIFTY index is trading slightly below its short-term moving averages, indicating potential resistance. RSI (14): Approximately 50, suggesting a neutral stance with no clear overbought or oversold conditions. MACD: Neutral, with the MACD line and signal line close together, indicating indecision in market momentum. Stochastic Oscillator: Neutral, fluctuating around the midline, reflecting a lack of strong directional movement. 🧮 Strategy / Trade Ideas Long Setup: Entry: Consider entering near support levels (~₹55,300) if bullish reversal signals appear. Stop Loss: Place below ₹54,800 to manage risk. Target: First resistance around ₹55,800, then ₹56,200. Short Setup: Entry: If price fails to break above resistance (~₹55,800) and shows signs of reversal. Stop Loss: Above ₹56,300. Target: Downside toward ₹55,300, then ₹54,800.
NSE:BANKNIFTYLong
by Knowledgehub
NIFTY 1D Time frame🔍 Current Market Snapshot Current Level: ₹25,292.45 Day’s Range: ₹25,211.60 – ₹25,331.70 Previous Close: ₹25,327.05 Market Sentiment: Neutral to mildly bearish 📊 Technical Indicators Moving Averages: The Nifty 50 index is trading slightly below its short-term moving averages, indicating potential resistance. RSI (14): Approximately 50, suggesting a neutral stance with no clear overbought or oversold conditions. MACD: Neutral, with the MACD line and signal line close together, indicating indecision in market momentum. Stochastic Oscillator: Neutral, fluctuating around the midline, reflecting a lack of strong directional movement. 🧮 Strategy / Trade Ideas Long Setup: Entry: Consider entering near support levels (~₹25,200) if bullish reversal signals appear. Stop Loss: Place below ₹24,800 to manage risk. Target: First resistance around ₹25,400, then ₹25,700. Short Setup: Entry: If price fails to break above resistance (~₹25,400) and shows signs of reversal. Stop Loss: Above ₹25,800. Target: Downside toward ₹25,200, then ₹24,900.
NSE:NIFTYLong
by Knowledgehub
1
INFY 1D Time frame📍 Current Price Action Current Price: ~₹1,509 Day Change: about –1.5% Daily Range: ₹1,500 – ₹1,515 ⚙ Technical Indicators RSI (14): ~57–60 → neutral to mildly bullish momentum MACD: Positive → signals upward bias Stochastic Oscillator: Near oversold zone → indicates possible bounce ADX (14): ~26 → moderate trend strength Money Flow Index (MFI): Mid-range → no extreme buying/selling pressure 📊 Moving Averages Short-term (5, 10-day): Price trading slightly below → short-term weakness Medium to Long-term (50, 100, 200-day): Price still above → long-term structure supportive 📉 Support & Resistance Immediate Support: ~₹1,500 Next Support: ~₹1,480 – ₹1,470 Immediate Resistance: ~₹1,512 – ₹1,515 Breakout Target (if above resistance): ~₹1,530 – ₹1,540 🧠 Summary INFY is neutral to mildly bullish on the daily chart. Support at ₹1,500 is crucial — holding above it keeps momentum intact. If the stock breaks above ₹1,515, it can push toward ₹1,530–1,540. On the downside, breaking below ₹1,500 may invite weakness toward ₹1,480–1,470.
NSE:INFYLong
by skyoceantrade
SENSEX 1D Time frame📍 Current Price Action Current Level: 81,548 Day’s Range: ~80,320 – 81,550 52-Week Range: 71,425 – 85,978 ⚙ Technical Indicators RSI (14): Around 43 → neutral to slightly bearish zone MACD: Negative → mild downward pressure still visible ADX (14): ~35-40 → moderate trend strength Stochastic Oscillator: Near overbought zone → possible short-term pullback Moving Averages: Short-term (5, 10, 20-day): Mixed Medium & long-term (50, 100, 200-day): Acting as resistance near highs 📊 Key Levels Immediate Support: 80,800 – 81,000 zone Immediate Resistance: 81,600 – 81,800 zone Breakout Levels: Above 81,800 → upside momentum could target 82,200+ Below 80,800 → downside may test 80,300 – 80,000 🧠 Summary Sensex is currently at 81,548, near its resistance zone. Trend is neutral to mildly bullish in the short-term. Sustaining above 81,600–81,800 will confirm strength for further rally. A failure to hold could trigger a pullback toward 80,800–80,300.
BSE:SENSEXLong
by skyoceantrade
BANKNIFTY 1D Time frame📍 Current Price Action Level: ~54,670 Day’s Range: 54,402 – 54,757 52-Week Range: 47,703 – 57,628 ⚙ Technical Indicators RSI (14): ~60 → bullish momentum, not overbought yet MACD: Positive → supports uptrend Moving Averages: Short-term (5, 10, 20-day): Bullish signals Medium-term (50, 100-day): Supportive of trend Long-term (200-day): Slight resistance near current level Stochastic Oscillator: In overbought zone → strong momentum but risk of pullback 📊 Support & Resistance Immediate Support: ~54,400 Immediate Resistance: ~54,750 – 55,000 Pivot Point: ~54,550 🧠 Summary Bank Nifty is in a bullish short-term trend. Holding above 54,400 keeps momentum positive, while a breakout above 55,000 could open room for more upside. If resistance holds, the index may consolidate or retest lower supports.
NSE:BANKNIFTYLong
by skyoceantrade
NIFTY 1D Time frame📍 Current Price Action Trading around 25,005 – 25,010 Day change: about +0.4% ⚙ Technical Indicators Moving Averages (5, 10, 20, 50, 100, 200 day): All showing buy signals → bullish structure RSI (14): In bullish territory, not overbought → healthy momentum Stochastic Oscillator: Near overbought zone → indicates strength, but chance of a short pullback MACD: Positive crossover → supports upward momentum 📊 Support & Resistance Immediate Resistance: 25,000 – 25,100 zone Immediate Support: 24,800 – 24,900 zone If price sustains above 25,100 → next upside levels can open higher (towards 25,200+) If it breaks below 24,900 → downside could test 24,700 levels 🧠 Summary Nifty 50 is in a bullish daily trend, currently consolidating near psychological resistance at 25,000. As long as it holds above 24,900, the bullish momentum is intact. A breakout above 25,100 could extend the rally further. Do you also want me to give the weekly time frame (1W) view for a bigger picture trend?
NSE:NIFTYLong
by skyoceantrade
KOTAKBANK 1D Time frame📊 Price Action Previous Close: ₹1,973.30 Day’s Range: ₹1,963.30 – ₹1,985.00 Volume: 1,694,935 shares VWAP: ₹1,975.06 52-Week Range: ₹1,679.05 – ₹2,301.90 🔧 Technical Indicators RSI (14): 55.59 — Indicates neutral to bullish momentum. MACD: 5.67 — Suggests a positive trend. ADX (14): 37.42 — Confirms a strong trend. Stochastic RSI: 18.53 — Indicates oversold conditions. CCI (14): 50.23 — Neutral, with potential for upward movement. Ultimate Oscillator: 58.25 — Signals bullish momentum. Rate of Change (ROC): 0.72 — Positive, indicating upward price movement. Williams %R: -54.58 — Neutral, neither overbought nor oversold. Bull/Bear Power (13): 13.35 — Indicates buying pressure. 📈 Moving Averages MA5: ₹1,976.44 — Sell signal. MA10: ₹1,973.57 — Buy signal. MA20: ₹1,968.21 — Buy signal. MA50: ₹1,956.95 — Buy signal. MA100: ₹1,964.72 — Buy signal. MA200: ₹1,979.20 — Sell signal. Summary: Out of 12 moving averages, 8 indicate a buy signal, and 4 indicate a sell signal, suggesting a generally bullish trend. 📌 Support & Resistance Levels Immediate Support: ₹1,963 Immediate Resistance: ₹1,985 🧠 Trend Analysis Trend: Bullish Momentum: Positive Volatility: Moderate Conclusion: Kotak Mahindra Bank's stock is exhibiting a bullish trend with positive momentum and moderate volatility. The technical indicators suggest potential for upward movement, with key support at ₹1,963 and resistance at ₹1,985. Traders may consider these levels for potential entry or exit points.
NSE:KOTAKBANKLong
by PlatinumSignalss
NIFTY_MID_SELECT 1D Time frameCurrent Level: 13,022.90 Daily Range: 12,967.10 – 13,087.35 52-Week Range: 10,382.55 – 13,537.80 Technical Indicators: RSI (14): 56.75 – positive momentum MACD: 9.37 – upward trend Stochastic Oscillator: 75.03 – strong bullish momentum Rate of Change (ROC): 2.59 – confirming positive movement Trend & Levels: Trading above Supertrend: 13,065.50 – bullish trend Support: ~13,000 (next support ~12,900) Resistance: ~13,100 (next target 13,200–13,300) Summary: The Nifty Midcap Select Index is showing a bullish trend with strong momentum and potential for further gains if current momentum continues.
NSE:NIFTY_MID_SELECTLong
by PlatinumSignalss
Bank Nifty Price Action# BANKNIFTY Hourly Chart Price Analysis ## Overview On the hourly chart, BANKNIFTY is exhibiting a cautious and volatile structure, with technical indicators suggesting a mix of short-term weakness and potential for intraday momentum. The index is trading near key support and resistance levels, and traders are closely watching for breakouts or breakdowns to determine the next directional move. - **Above 57,070:** Intraday bullish momentum is likely. - **Below 56,900:** Weakness and potential downside may emerge. - **Holding above 55,750:** Maintains a positive undertone for the broader trend. ## Technical Indicators - **Moving Averages:** Most short-term and medium-term moving averages are signaling a bearish bias, with prices trading below the 5, 10, 20, and 50-period averages. - **RSI (Relative Strength Index):** Hovering in the neutral to slightly bearish zone, indicating lack of strong momentum but not yet oversold. - **MACD:** Shows bearish crossover, supporting the short-term negative bias. - **Stochastic Oscillator:** Indicates overbought conditions on some timeframes, cautioning against aggressive long positions. - **ATR (Average True Range):** High, reflecting elevated volatility and potential for sharp intraday swings. ## Price Action Insights - The index recently broke below a short-term ascending pattern, increasing the risk of further declines if support levels are breached. - Intraday trading is expected to remain volatile, with sharp moves likely around key pivot levels. - Sentiment is cautious due to global factors and domestic flows, but the downside is cushioned by institutional buying on dips. ## Trading Outlook - **Bullish Scenario:** Sustained move above 57,070 with strong volume could open up targets towards 57,300 and 57,500. - **Bearish Scenario:** Failure to hold above 56,900 may see the index test 56,500 and lower supports. - **Neutral/Bounce Play:** Sideways consolidation is possible if the index holds between 56,900 and 57,070, with traders advised to wait for a clear breakout. **Note:** High volatility and mixed signals call for disciplined risk management and quick decision-making on intraday trades.
NSE:BANKNIFTYLong
by KamalKJoshi
GILLETTE INDIA LTDAs of June 6, 2025, Gillette India Ltd. (NSE: GILLETTE) is trading at approximately ₹10,232.00, marking a 27.45% increase over the past month. 📊 Monthly Pivot Points (Classic Method) Calculated based on the previous month's high, low, and close prices: Pivot Point: ₹10,306.67 Support Levels: S1: ₹8,993.33 S2: ₹8,109.67 S3: ₹6,796.33 Resistance Levels: R1: ₹11,190.33 R2: ₹12,503.67 🔍 Fibonacci Pivot Points Based on Fibonacci calculations: Pivot Point: ₹10,306.67 Support Levels: S1: ₹9,832.59 S2: ₹8,154.08 S3: ₹6,796.33 Resistance Levels: R1: ₹10,351.08 R2: ₹11,190.33 📈 Technical Indicators Summary Moving Averages: All major moving averages (MA5, MA10, MA20, MA50, MA100, MA200) are indicating a Strong Buy signal. Relative Strength Index (RSI): 81.19 – Overbought MACD: 194.05 – Buy ADX: 96.24 – Overbought Stochastic Oscillator: 82.92 – Overbought 📌 Trading Insights Immediate Resistance: ₹11,190.33 (Classic R1) Immediate Support: ₹8,993.33 (Classic S1) Given the current price of ₹10,232.00, the stock is trading near its pivot point, suggesting potential for upward movement if it breaks above the immediate resistance. However, the overbought RSI and ADX indicators suggest caution, as the stock may be due for a short-term correction.
NSE:GILLETTELong
by TechnicalExpress
HINDUSTAN ZINC LTDAs of June 4, 2025, Hindustan Zinc Ltd (NSE: HINDZINC) is trading at ₹468.75, reflecting a 3.44% increase for the day. 📊 Daily Support and Resistance Levels Based on pivot point analysis: Central Pivot Point (P): ₹466.93 Support Levels: S1: ₹459.46 S2: ₹450.18 S3: ₹442.71 Resistance Levels: R1: ₹476.21 R2: ₹483.68 R3: ₹492.96 These levels are derived from standard pivot point calculations and are commonly used by traders to identify potential support and resistance zones. 📈 Technical Overview Trend: The stock has demonstrated strong upward momentum, with a 3.44% increase on the day. Technical Indicators: RSI (14-day): 62.24, indicating bullish momentum. MACD: 7.03, suggesting a positive trend. ADX: 18.90, indicating a developing trend. Stochastic Oscillator: 78.66, nearing overbought territory. Supertrend: 426.69, supporting bullish sentiment. Parabolic SAR (PSAR): 436.97, indicating an upward trend. Volatility: The stock exhibits moderate volatility, with a beta coefficient of 1.10. 🔍 Additional Insights Hindustan Zinc Ltd has shown a strong bullish trend in recent sessions. The RSI and MACD indicators suggest continued upward momentum, while the proximity to resistance levels warrants cautious optimism. Traders should monitor these levels closely for potential breakout or reversal signals. Please note that stock prices are subject to market risks and can change rapidly. It's advisable to consult with a financial advisor before making investment decisions.
NSE:HINDZINCLong
by TechnicalExpress
2
TATA INVESTMENT CORP LTDAs of May 26, 2025, Tata Investment Corporation Ltd. (NSE: TATAINVEST) closed at ₹6,269.00. Here's an overview of its 15-minute intraday support and resistance levels based on technical analysis: 📊 15-Minute Intraday Support & Resistance Levels While specific 15-minute pivot points are not readily available, we can refer to the daily pivot levels as a proxy for intraday analysis: Classic Pivot Points: Pivot Point (P): ₹6,257.33 Resistance Levels: R1: ₹6,374.66 R2: ₹6,480.33 R3: ₹6,597.66 Support Levels: S1: ₹6,151.66 S2: ₹6,034.33 S3: ₹5,928.66 These levels can serve as reference points for intraday trading decisions. 🔍 Technical Indicators Overview RSI (14-day): 57.56 — indicating neutral momentum. MACD: 27.09 — suggesting bullish momentum. Stochastic Oscillator: 72.08 — approaching overbought territory. Supertrend Support: ₹5,861.93 — acting as a dynamic support level. Parabolic SAR: ₹5,842.13 — indicating an upward trend. These indicators suggest a cautiously bullish outlook for the short term. 📈 Trading Strategy Insights Bullish Scenario: A breakout above ₹6,374.66 (R1) with strong volume could signal further upward momentum. Bearish Scenario: A drop below ₹6,151.66 (S1) may indicate potential downside risk. Traders should monitor these levels closely and consider additional technical indicators for confirmation.
NSE:TATAINVESTShort
by TechnicalExpress
GLOBUSSPR DAY CHARTAs of the close on Monday, May 19, 2025, Globus Spirits Ltd (NSE: GLOBUSSPR) traded at ₹1,104.40, reflecting a 1.62% increase from the previous session. 📊 Daily Technical Overview Price Action: Day's Range: ₹1,065.50 – ₹1,114.80 52-Week Range: ₹670.00 – ₹1,369.75 Volume: 161,165 shares traded Technical Indicators: Relative Strength Index (RSI): 61.68 – indicating neutral to slightly bullish momentum. Moving Average Convergence Divergence (MACD): 6.03 – suggesting a bullish crossover. Average Directional Index (ADX): 15.29 – indicating a weak trend strength. Stochastic Oscillator: 62.44 – pointing to neutral momentum. Indicator: ₹957.02 – acting as a support level. Parabolic SAR (PSAR): ₹927.02 – indicating an upward trend. 🔍 Key Support and Resistance Levels Immediate Support: ₹1,065.50 Immediate Resistance: ₹1,114.80 Next Resistance Level: ₹1,125.00 📈 Outlook The technical indicators suggest that Globus Spirits Ltd is experiencing a mild bullish trend. The RSI and MACD indicate positive momentum, while the ADX suggests that the trend strength is currently weak. If the stock maintains its position above the immediate support level of ₹1,065.50, it may attempt to break through the resistance at ₹1,114.80. A successful breakout could lead to testing the next resistance level at ₹1,125.00.
NSE:GLOBUSSPRLong
by TechnicalExpress
ITC LTD As of May 16, 2025, ITC Ltd. (NSE: ITC) is trading around ₹435.70. Analyzing the 4-hour timeframe, the following support and resistance levels have been identified based on various technical indicators: 📊 4-Hour Support & Resistance Levels Support Levels: S1: ₹433.28 S2: ₹430.67 S3: ₹429.18 Resistance Levels: R1: ₹437.38 R2: ₹438.87 R3: ₹441.48 These levels are derived from pivot point calculations and can serve as potential areas where the price might experience support or resistance. 🔍 Technical Indicators Overview Relative Strength Index (RSI): 58.98 – Indicates neutral momentum. Moving Average Convergence Divergence (MACD): 3.86 – Suggests mild bullish momentum. Average Directional Index (ADX): 17.89 – Points to a weak trend strength. Stochastic Oscillator: 51.37 – Reflects neutral conditions. Supertrend Indicator: ₹413.32 – Below current price, indicating a bullish signal. Parabolic SAR: ₹437.35 – Slightly above current price, suggesting potential resistance. 📈 Fibonacci Retracement Levels Considering the downtrend from ₹491.00 (Jan 3, 2025) to ₹390.15 (Apr 7, 2025), the key Fibonacci retracement levels are: 23.6%: ₹413.95 38.2%: ₹428.67 50%: ₹440.57 61.8%: ₹452.48 76.4%: ₹467.20 These levels can act as potential support or resistance zones as the price retraces its previous move. 🧠 Trading Insights The current price is approaching the R1 resistance level at ₹437.38. If the price breaks above this level with strong volume, it may test higher resistance levels. Conversely, if it fails to break through, it might retrace to the support levels mentioned above. Traders should monitor these levels closely and consider using stop-loss orders to manage risk.
NSE:ITC
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
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
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 Midcap Select IndexAs of May 9, 2025, the Nifty Midcap Select Index is exhibiting a mildly bullish trend on the 4-hour timeframe, supported by various technical indicators and pivot point analyses. 📊 4-Hour Support & Resistance Levels Based on recent technical data, the following are the key support and resistance levels for the Nifty Midcap Select Index: Support Levels: S1: 11,871.57 S2: 11,766.13 S3: 11,591.42 Resistance Levels: R1: 12,151.72 R2: 12,326.43 R3: 12,431.87 🔍 Technical Indicators (4-Hour Timeframe) Relative Strength Index (RSI): 74.96 – approaching overbought territory, suggesting potential for a short-term pullback. Moving Average Convergence Divergence (MACD): 250.27 – indicates bullish momentum. Average Directional Index (ADX): 25.11 – signifies a strengthening trend. Stochastic Oscillator: 96.87 – overbought condition, caution advised. Supertrend Indicator: Positioned at 11,824.56 – currently acting as a support level. Parabolic SAR: 11,733.42 – below the current price, reinforcing the bullish stance. 📈 Trend Analysis The index is trading above its 5-period and 15-period simple moving averages on the 4-hour chart, indicating a mild bullish crossover. This suggests continued upward momentum in the near term. ⚠️ Trading Insights Bullish Scenario: A sustained move above 12,151.72 could open the path toward 12,326.43 and potentially 12,431.87. Bearish Scenario: Failure to hold above 11,871.57 may lead to a retest of 11,766.13 or even 11,591.42.
NSE:NIFTY_MID_SELECT
by TechnicalExpress
"Bank Nifty Faces Resistance as Sellers Dominate"The Bank Nifty index closed at 54,239.05, down 1.74% today. Here's a detailed technical analysis based on daily and weekly charts: Daily Chart Analysis: Moving Averages: The 20-day EMA is at 52,732.58, indicating a bearish trend as the index is trading below this level. Volume: The trading volume was 109.62M, showing moderate activity. Stochastic Oscillator: The current value is 73.21, suggesting the index is nearing overbought territory. Support and Resistance: Immediate support is at 54,176.45, while resistance is at 55,350.55. Weekly Chart Analysis: Trend: The weekly chart shows a descending channel breakout, targeting 57,450+. Indicators: The RSI (Relative Strength Index) is neutral, while MACD (Moving Average Convergence Divergence) signals a potential bullish crossover. Pivot Points: Key levels include: Support: 53,447.67 (S2), 52,605.13 (S3). Resistance: 55,249.73 (R2), 56,092.27 (R3).
NSE:BANKNIFTYShort
by sameerdhuri2889