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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
APL (APOLLO TUBES LTD)As of May 6, 2025, here are the key intraday support and resistance levels for APL Apollo Tubes Ltd (NSE: APLAPOLLO): 📊 Intraday Support & Resistance Levels Standard Pivot Points: Support Levels: S1: ₹1614.17 S2: ₹1599.23 S3: ₹1580.17 Resistance Levels: R1: ₹1648.17 R2: ₹1667.23 R3: ₹1682.17 Fibonacci Pivot Points: Support Levels: S1: ₹1614.17 S2: ₹1601.18 S3: ₹1593.15 Resistance Levels: R1: ₹1635.18 R2: ₹1648.17 R3: ₹1656.20 Camarilla Pivot Points: Support Levels: S1: ₹1615.18 S2: ₹1612.07 S3: ₹1608.95 Resistance Levels: R1: ₹1621.42 R2: ₹1624.53 R3: ₹1627.65 The current price of APL Apollo Tubes Ltd is trading above the Camarilla R3 and Fibonacci R1 levels, indicating strong bullish momentum. Traders may consider these levels for potential entry or exit points, keeping in mind that surpassing the R3 levels could suggest overbought conditions, while approaching S1 or S2 levels might indicate potential support zones.
NSE:APLAPOLLOLong
by TechnicalExpress
BHEL (Bharat Heavy Electricals Ltd)STOCK BREAKOUT STOCK: Bharat Heavy Electricals Ltd (BHEL) CMP: 225 KEEP SUPPORT : 220 TARGET: 235. In the latest short-term technical analysis, Bhel has shown a strong and consistent bullish trend, indicating the potential for an extended upward move. The stock is currently trading at *225 and holding above a key support level at *220. This support zone serves as a critical point for risk management. → Given the bullish momentum, traders are advised to consider a buying opportunity with a stop-loss placed strategically at *220 to manage downside risk. The target for this trade is set at *235, suggesting a favorable risk-to-reward ratio and a continuation of the prevailing upward trend.
BSE:BHELLong
by TechnicalExpress
Nifty Bank Index As of May 8, 2025, here are the key intraday support and resistance levels for the Nifty Bank Index (BANKNIFTY), based on various pivot point calculations: 📊 Intraday Support & Resistance Levels Pivot Type Support Levels Resistance Levels Classic S1: 54,125.76S2: 53,640.63S3: 53,361.36 R1: 54,890.16R2: 55,169.43R3: 55,654.56 Fibonacci S1: 54,113.03S2: 53,932.63S3: 53,640.63 R1: 54,697.03R2: 54,877.43R3: 55,169.43 Camarilla S1: 54,540.83S2: 54,470.76S3: 54,400.69 R1: 54,680.97R2: 54,751.04R3: 54,821.11 Woodie S1: 54,228.70S2: 53,692.10 R1: 54,993.10R2: 55,220.90 Demark S1: 54,265.40 R1: 55,029.80 Note: The central pivot point (PP) across these methods is approximately 54,405.03.h 🔍 Observations Immediate Support: The 54,000–54,200 range is a crucial support zone. A breach below this could indicate a bearish trend. Immediate Resistance: The 54,800–55,200 range serves as a significant resistance area. Sustained trading above this may suggest bullish momentum. Technical Indicators: The Relative Strength Index (RSI) for Nifty Bank is currently in the neutral zone (45–55), indicating a balanced market without a clear bullish or bearish bias. 📈 Trading Strategy Tips Bullish Scenario: If the index maintains levels above 54,800, it may target the 55,200–55,650 range. Bearish Scenario: A drop below 54,000 could lead to further declines toward 53,600 or lower. Neutral/Bounce Zone: The area between 54,400 and 54,700 is pivotal. Monitoring price action here can provide insights into potential breakouts or reversals
NSE:BANKNIFTY
by TechnicalExpress
NIFTY 50 INDEXNifty Expiry Day Game Plan (15-Min Chart) Key Level: 24,300 - Strong Support Bullish Scenario (High Probability) ✦ If market holds above 24,300: Look for bullish candles or retest bounce. Target 1: 24,500 Target 2: 24,800 (in upcoming sessions) X Bearish Scenario (Only if Breakdown) ✰ If price breaks & closes below 24,300 with volume:With followed Candle Need to Sustain Target: 24,110 Why this Zone -Prior selling seen below this zone us Federal Reserve leaves interest rates unchanged, remains at 4.25% - 4.50%. But warns of potential slowdown in achieving Federal Reserve's objectives.
NSE:NIFTYShort
by TechnicalExpress
ADITYA BIRLA CAPITAL LTD Company Name: Aditya Birla Capital Ltd (NSE: ABCAPITAL) Sector: Financial Services Market Cap: Large Cap | ~₹53,000 Cr Headquarters: Mumbai, India Parent Group: Aditya Birla Group 🧾 Business Overview: Aditya Birla Capital is a diversified financial services player offering a wide range of solutions across: Lending: Personal, SME, and housing loans through Aditya Birla Finance Asset Management: One of India's top AMC players via joint venture with Sun Life Insurance: Life and health insurance products Wealth & Broking: Wealth management, equity broking, and portfolio management services 💼 Key Strengths: Strong backing of Aditya Birla Group Wide distribution network across India Growing AUM and diversified revenue streams Focus on digital and retail loan expansion 📊 Stock Insight: NSE Symbol: ABCAPITAL 52-Week Range: ₹153 – ₹225 Trend: Medium-term bullish with support near ₹209 Support and Resistance Levels (Intraday – 15M): Immediate Resistance: ₹215.50 (Price tested this level twice, indicating strong short-term selling pressure.) Next Resistance: ₹218.20 (Gap-fill zone; breakout above this may trigger momentum buying.) Immediate Support: ₹211.70 (Recent bounce zone and short-term base.) Strong Support: ₹209.50 (Multiple rejections below this level; buyers likely to defend.) Trend Insight: Price is consolidating in a narrow range between ₹211.70 and ₹215.50. A breakout above or below this band may set the next directional move.
NSE:ABCAPITALShort
by TechnicalExpress
Reliance Industries Ltd //15min Support and ResistanceRELIANCE INDUSTRIES LTD – 15-Minute Chart Support & Resistance Support and Resistance Levels (Intraday – 15M): Immediate Resistance: ₹2,870 (Recent high and intraday rejection zone) Major Resistance: ₹2,895 (Near day's high; breakout can lead to strong momentum) Immediate Support: ₹2,840 (Short-term base and minor bounce level) Strong Support: ₹2,815 (Previous breakout zone; defended multiple times intraday) Trend Insight: RELIANCE is trading in a rising channel, with buyers stepping in around ₹2,840. Sustained move above ₹2,870 may trigger an upside breakout.
NSE:RELIANCEShort
by TechnicalExpress
KPR MILL LTD KPR MILL LTD – 1-Day Chart Support & Resistance Support and Resistance Levels (Daily Timeframe): Immediate Resistance: ₹810 (Recent swing high; needs breakout for bullish continuation) Major Resistance: ₹835 (Multi-month resistance zone; breakout can lead to a strong rally) Immediate Support: ₹770 (Recent consolidation base; key for trend sustainability) Strong Support: ₹745 (Previous breakout level and demand zone) Trend Insight: KPR Mill is in a medium-term uptrend, but facing consolidation near ₹810. A sustained close above ₹810 may trigger momentum, while ₹770 acts as a crucial support zone.
NSE:KPRMILLLong
by TechnicalExpress
NIFTY // 4hour Support and Resistance Index Name: NIFTY 50 Exchange: NSE | Benchmark index of the Indian equity market Constituents: 50 large-cap companies across 13 sectors 🧾 Overview: The NIFTY 50 represents India’s top-performing blue-chip companies and acts as a barometer of the overall market health. It covers sectors like financials, IT, FMCG, energy, and auto. 💼 Key Sector Weights: Financial Services – ~35% IT – ~13% Oil & Gas – ~12% Consumer Goods – ~9% Auto – ~6% 📊 Current Trend Insight (as of 4H chart): Index near resistance at 22,620 Holding support at 22,350 indicates buying strength Sustained breakout above 22,620 could lead to a move toward 22,800+ NIFTY 50 Index – 4-Hour Chart Support & Resistance Support and Resistance Levels (4H Timeframe): c Trend Insight: NIFTY is forming higher lows, indicating bullish strength. Consolidation above 22,350 strengthens the case for a breakout. Watch 22,620 for momentum entry confirmation.
NSE:NIFTY
by TechnicalExpress
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MACD (Moving Average Convergence/Divergence )The Moving Average Convergence/Divergence (MACD) is a technical analysis indicator used to analyze price trends and momentum. It's calculated by subtracting a longer-term exponential moving average (EMA) from a shorter-term EMA. The resulting MACD line, along with a signal line (an EMA of the MACD line) and a histogram (the difference between the MACD and signal lines), helps traders identify potential buy and sell signals, as well as changes in the strength and direction of a trend.
BSE:SENSEXEducation
by SkyTradingZone
Gold Surges Amid War Tensions Is This the Start of a New Bull 🟡 Gold Surges Amid War Tensions – Is This the Start of a New Bull Run? 📈 XAU/USD Weekly Outlook – May 6, 2025 Gold made a strong comeback this morning, jumping over 600 PIPS as investor demand surged in response to escalating geopolitical risks and massive physical demand in Asia — particularly from China and Japan. The current breakout momentum suggests a high probability of new ATHs if macro and political tensions continue. 🔥 Why is Gold Rising Again? 1️⃣ Geopolitical Flashpoint: 19+ Ukrainian UAVs struck Moscow overnight. The attack came just ahead of Russia's Victory Day (May 9) — a symbolic blow that rattled global markets. 2️⃣ China Ramping Up Gold Imports: Reports show China has been quietly stockpiling gold at aggressive levels. Institutional and retail demand has returned strongly to the Asian bullion market. 3️⃣ Fear and FOMO in the Market: Asian investors are driving early-session buying frenzies. Technical retracements are being ignored as price accelerates without respecting classic resistance zones. 📊 Technical Outlook – H4 + D1 Focus Gold has successfully defended the 3312 zone and surged past resistance zones with ease. Current MA13/MA34/MA89 crossovers on higher timeframes confirm a trend reversal and sustained bullish momentum. 🔑 Key Technical Zones to Watch: 🔻 Support Levels: 3355 3335 3313 🔺 Resistance Levels: 3380 3405 3443 3470 🎯 Trade Plan for May 6 – BUY Bias Dominant 🚫 Avoid SELL positions unless confirmed exhaustion appears — momentum is extremely bullish and politically driven. 🔵 BUY ZONE #1: Entry: 3314 – 3312 SL: 3308 TP: 3318 → 3322 → 3326 → 3330 → 3340 → 3350 → ??? 🔵 BUY ZONE #2: Entry: 3335 – 3332 SL: 3329 TP: 3340 → 3344 → 3348 → 3352 → 3356 → 3360 🔴 SELL ZONE (High Risk): Entry: 3343 – 3345 SL: 3359 TP: 3339 → 3335 → 3330 → 3326 → 3320 🧭 Final Thoughts Gold is currently in hyper bullish mode. Key level 3313 is now confirmed as a volume-based support (VPOC + FIBO 0.5) and will likely be the base for the next wave. As global headlines point to uncertainty, investors are shifting capital back into gold, supported by physical buying from China. 💬 Patience and proper entry are key. Avoid early sell traps. Focus on the Asia-led FOMO rallies and align your strategy with safe-haven flows.
OANDA:XAUUSDLong
by MMFlowTrading