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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
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
RR KABEL LTDAs of May 5, 2025, here are the key support and resistance levels for R R Kabel Ltd. (NSE: RRKABEL) based on recent technical analyses: 📊 Classic Pivot Points (1-Day View) Support Levels: S3: ₹880.40 S2: ₹901.70 S1: ₹924.85 Resistance Levels: R1: ₹969.30 R2: ₹990.60 R3: ₹1,013.75 Pivot Point: ₹946.15 These levels are derived from the price range of the previous trading day and are commonly used to identify potential reversal points in the market. 📈 Moving Averages & Indicators Simple Moving Averages (SMA): 5-Day: ₹915.44 (Buy) 10-Day: ₹911.38 (Buy) 20-Day: ₹907.79 (Buy) 50-Day: ₹891.27 (Buy) 100-Day: ₹896.50 (Buy) 200-Day: ₹1,012.39 (Sell) Exponential Moving Averages (EMA): 5-Day: ₹918.88 (Buy) 10-Day: ₹913.53 (Buy) 20-Day: ₹906.36 (Buy) 50-Day: ₹898.08 (Buy) 100-Day: ₹928.24 (Sell) 200-Day: ₹1,003.36 (Sell) The alignment of these averages suggests a bullish short-term to medium-term outlook, with some indicators signaling bearish trends in the long term. 📉 RSI & Momentum Indicators Relative Strength Index (RSI): 65.27 (Buy) Stochastic RSI: 68.79 (Buy) MACD: 7.38 (Buy) Average Directional Index (ADX): 35.19 (Buy) These indicators suggest a strong bullish momentum, indicating potential upward movement if buying interest continues. 📌 Summary Immediate Support: ₹880.40 Immediate Resistance: ₹969.30 Medium-Term Outlook: Bullish, with strong momentum indicators and positive moving averages.
NSE:RRKABELLong
by Ashwani123
KPR MILL LTDAs of May 5, 2025, here are the key support and resistance levels for KPR Mill Ltd. (NSE: KPRMILL) based on recent technical analyses: 📊 Classic Pivot Points (1-Month View) Support Levels: ₹882.10 (S3), ₹901.50 (S2), ₹921.95 (S1) Resistance Levels: ₹961.80 (R1), ₹981.20 (R2), ₹1,001.65 (R3) Pivot Point: ₹941.35 These levels are derived from the previous month's price range and are commonly used to identify potential reversal points in the market. 📈 Moving Averages & Indicators Simple Moving Averages (SMA): 5-Day: ₹971.43 10-Day: ₹963.19 20-Day: ₹985.48 50-Day: ₹993.04 100-Day: ₹952.26 200-Day: ₹901.74 Exponential Moving Averages (EMA): 5-Day: ₹925.25 (Buy) 10-Day: ₹933.29 (Buy) 20-Day: ₹952.39 (Sell) 50-Day: ₹968.62 (Sell) 100-Day: ₹951.72 (Sell) 200-Day: ₹904.76 (Buy) The alignment of these averages suggests a mixed short-term to medium-term outlook, with some indicators signaling bullish trends and others indicating bearish tendencies. 📉 RSI & Momentum Indicators Relative Strength Index (RSI): 42.56 (Neutral) Stochastic RSI: 59.15 (Buy) MACD: 8.04 (Buy) Average Directional Index (ADX): 32.45 (Buy These indicators suggest a neutral to slightly bullish momentum, indicating potential upward movement if buying interest increases. 📌 Summary Immediate Support: ₹882.10 Immediate Resistance: ₹961.80 Medium-Term Outlook: Neutral to slightly bullish, with mixed signals from moving averages and momentum indicators.
NSE:KPRMILLLong
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:TMPVLong
by Ashwani123