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CENTRAL DEPOSITORY SERVICES LIMITEDAs of the close on Monday, May 19, 2025, Central Depository Services (India) Ltd (NSE: CDSL) was trading at ₹1,450.80, marking a 2.98% increase from the previous session. 📊 30-Minute Timeframe Technical Overview Price Action: Day's Range: ₹1,408.00 – ₹1,468.00 52-Week Range: ₹1,047.45 – ₹2,989.00 Volume: Approximately 9.5 million shares traded, indicating heightened market activity. Technical Indicators: Relative Strength Index (RSI): 69.89 – approaching overbought territory, suggesting caution. Moving Average Convergence Divergence (MACD): 36.23 – indicating bullish momentum. Average Directional Index (ADX): 16.44 – suggesting a weak trend strength. Stochastic Oscillator: 80.92 – in the overbought zone, which may precede a price correction. Indicator: ₹1,280.03 – acting as a support level. Parabolic SAR (PSAR): ₹1,209.57 – indicating an upward trend. 🔍 Support and Resistance Levels Immediate Support: ₹1,408.00 – a level where buyers have previously shown interest. Immediate Resistance: ₹1,468.00 – a recent high that may act as a barrier to upward movement. 🔭 Outlook The technical indicators suggest that CDSL is experiencing a strong bullish trend. However, the RSI and Stochastic Oscillator indicate that the stock is nearing overbought conditions, which could lead to a short-term consolidation or minor correction. Investors should monitor the support and resistance levels closely and consider the heightened trading volume, which may affect the strength of the current trend.
NSE:CDSL
by TechnicalExpress
RELIANCE INDUSTRIES LTDAs of the close on Monday, May 19, 2025, Reliance Industries Ltd (NSE: RELIANCE) traded at ₹1,440.80, reflecting a 1.07% decrease from the previous session. 📊 Daily Technical Overview Price Action: Opening Price: ₹1,452.10 Day's Range: ₹1,438.20 – ₹1,454.60 52-Week Range: ₹1,114.85 – ₹1,608.80 Volume: Approximately 6.2 million shares traded, below the 50-day average of 8.4 million, indicating reduced market activity. Technical Indicators: Relative Strength Index (RSI): 69.84 – approaching overbought territory, suggesting caution. Moving Average Convergence Divergence (MACD): Bullish crossover, indicating potential upward momentum. Stochastic Oscillator: 76.17 – in the overbought zone, which may precede a price correction. Average Directional Index (ADX): Indicates a strong trend, supporting the current price movement. 🔍 Support and Resistance Levels Immediate Support: ₹1,425.00 – a level where buyers have previously shown interest. Immediate Resistance: ₹1,455.00 – a recent high that may act as a barrier to upward movement. 🔭 Outlook The technical indicators suggest that Reliance Industries Ltd is experiencing a strong bullish trend. However, the RSI and Stochastic Oscillator indicate that the stock is nearing overbought conditions, which could lead to a short-term consolidation or minor correction. Investors should monitor the support and resistance levels closely and consider the reduced trading volume, which may affect the strength of the current trend.
NSE:RELIANCELong
by TechnicalExpress
HINDUSTAN ZINC LTDAs of the close on Monday, May 19, 2025, Hindustan Zinc Ltd (NSE: HINDZINC) was trading at ₹448.20, reflecting a 1.33% increase from the previous session. 📊 15-Minute Timeframe Technical Overview Analyzing the 15-minute chart, the stock exhibits a mild bullish trend: Price Action: The current price is ₹428.25. Moving Averages: The 5-period Exponential Moving Average (EMA) is at ₹440.66. The 15-period EMA stands at ₹435.01. The 50-period EMA is at ₹435.91. The 100-period EMA is at ₹446.19. The 15-period EMA trending above the 50-period EMA indicates a bullish crossover. Trend Analysis: The 5 and 15 EMAs are on an upward trajectory, suggesting a mild bullish sentiment in the short term. 🔍 Technical Indicators Relative Strength Index (RSI): The RSI is approximately 56.70, indicating a neutral momentum without being overbought or oversold. Moving Average Convergence Divergence (MACD): The MACD is at 0.811, suggesting a bullish crossover. Average Directional Index (ADX): The ADX is at 13.22, indicating a weak trend strength. Stochastic Oscillator: The Stochastic Oscillator is at 63.96, pointing to neutral momentum. Indicator: The supertrend is at ₹406.99, acting as a support level. Parabolic SAR (PSAR): The PSAR is at ₹400.77, indicating an upward trend. 📈 Support and Resistance Levels Immediate Support: ₹442.00 – a level where buyers have previously shown interest. Immediate Resistance: ₹455.90 – a recent high that may act as a barrier to upward movement. 🔭 Outlook The current indicators suggest a cautious approach: If the price sustains above ₹442.00, there may be potential for a rebound towards ₹455.90. Conversely, a drop below ₹442.00 could lead to further declines, possibly testing lower support levels.
NSE:HINDZINCShort
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
NIFTY BANK INDEX #NIFTYBANK Technical Analysis (15min chart) Resistance Levels: 55,700 / 55,900 / 56,200 Support Levels: 55,250 / 55,000/54,600 Pattern: Rising wedge breakdown - bearish signal Trendline: Broken upward trendline shows weakening bullish momentum ▲ Caution: Price failing to hold above key resistance at 55,700 indicates potential short-term reversal. Fundamental Outlook: Awaiting RBI commentary, PSU banks strong but profit booking visible. Volatility likely near monthly expiry.
NSE:BANKNIFTYShort
by TechnicalExpress
KRISHNA INST OF MED SCI LAs of the close on Monday, May 19, 2025, Krishna Institute of Medical Sciences Ltd (NSE: KIMS) traded at ₹645.10, marking a 0.75% increase from the previous session. 📊 15-Minute Timeframe Technical Overview Analyzing the 15-minute chart, the stock exhibits a mild bearish trend: Price Action: The current price is ₹535.65. Moving Averages: The 5-period Weighted Moving Average (WMA) is at ₹535.65. The 15-period WMA stands at ₹536.93. The 100-period WMA is at ₹542.10. The 15-period WMA trending below the 100-period WMA indicates a bearish crossover. Trend Analysis: Both the 5 and 15 WMAs are on a downward trajectory, suggesting a mild bearish sentiment in the short term. 🔍 Technical Indicators Relative Strength Index (RSI): The 14-day RSI is approximately 54.7, indicating a neutral momentum without being overbought or oversold. Volume: The trading volume is around 507,339 shares, significantly higher than the 20-day average of 91,758 shares, pointing to increased market activity. 📈 Support and Resistance Levels Support: ₹640.00 – a level where buyers have previously shown interest. Resistance: ₹650.00 – a recent high that may act as a barrier to upward movement. 🔭 Outlook The current indicators suggest a cautious approach: If the price sustains above ₹640.00, there may be potential for a rebound towards ₹650.00. Conversely, a drop below ₹640.00 could lead to further declines, possibly testing lower support levels.
NSE:KIMSShort
by TechnicalExpress
INFOSYS LTDAs of the close on Monday, May 19, 2025, Infosys Ltd (NSE: INFY) traded at ₹1,559.80, reflecting a decrease of ₹30.10 or 1.89% from the previous session. In the 15-minute timeframe, the stock exhibited a downward trend throughout the day, with prices ranging between ₹1,555.70 and ₹1,585.00. Technical Indicators (15-Minute Timeframe): Moving Averages: The 20-period Exponential Moving Average (EMA) is trending downward, indicating short-term bearish momentum. Relative Strength Index (RSI): The RSI is hovering around 45, suggesting that the stock is approaching oversold territory but hasn't reached it yet. Support Levels: Immediate support is observed around ₹1,550, with a stronger support level near ₹1,540. Resistance Levels: The stock faces resistance at ₹1,570, followed by a more significant resistance near ₹1,585. Outlook: If Infosys maintains its position above the ₹1,550 support level, a short-term rebound towards ₹1,570 is possible. However, a break below ₹1,550 could lead to further declines, potentially testing the ₹1,540 support.
NSE:INFYShort
by TechnicalExpress
MACD part 2Moving average convergence/divergence (MACD) is a technical indicator to help investors identify price trends, measure trend momentum, and identify entry points for buying or selling. Moving average convergence/divergence (MACD) is a trend-following momentum indicator that shows the relationship between two exponential moving averages (EMAs) of a security’s price. MACD was developed in the 1970s by Gerald Appel, and is one of the most popular technical tools, readily available on most trading platforms offered by online stock brokers.
NSE:HALEducation
by SkyTradingZone
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
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
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
#NIFTY50 #NIFTYBANK#NIFTY50 #NIFTYBANK This is not a buy or sell recommendation only for educational purposes and I am not a SEBI registered. Indian Stock Market Outlook - Monday, May 19, 2025 Market Overview The Indian equity markets are poised for a cautious start to the week, following a volatile session on Friday, May 16, where the Nifty 50 closed at 25,019.8 and the Bank Nifty at 55,354.9. The recent rally has been underpinned by easing geopolitical tensions, notably the India-Pakistan ceasefire, and renewed Foreign Institutional Investor (FII) interest. However, profit-booking at higher levels and global uncertainties may temper bullish sentiments. Global & Domestic Factors Influencing the Market India-Pakistan Ceasefire: The ceasefire agreement effective from May 10 has alleviated immediate geopolitical concerns, potentially supporting market stability. FIl Activity: Renewed FII inflows have been observed, driven by easing global tensions and attractive valuations in Indian equities. India-US Trade Relations: Ongoing negotiations between India and the US aim to resolve tariff disputes, with potential implications for sectors like pharmaceuticals and automotive. US Economic Indicators: Recent US jobless claims and PMI data will be closely watched for cues on global economic health and potential impacts on emerging markets. Q4 Earnings Season: Corporate earnings announcements will continue to influence stock-specific movements and sectoral trends. Fundamental Analysis Valuation Metrics: The Nifty 50's Price-to-Earnings (P/E) ratio remains elevated, suggesting cautious optimism among investors. Sectoral Performance: Banking and Financial Services have shown resilience, while Information Technology and Metal sectors may face headwinds due to global factors. Currency Fluctuations: The INR's performance against the USD will be critical, especially in light of recent US credit rating concerns. ✰ Stocks in Focus 1. IRFC (Indian Railway Finance Corporation): Anticipated to benefit from increased infrastructure spending and government initiatives in the railway sector. 2. SJVN (Satluj Jal Vidyut Nigam): Positive outlook due to its involvement in renewable energy projects and recent capacity expansions. 3. NBCC (India) Limited: Expected to gain from government contracts and urban development projects. 4. Yes Bank: Recent quarterly results indicate a significant improvement in profitability, suggesting a potential turnaround. 5. Tata Elxsi: Despite a dip in net profit, the company's focus on design and technology services positions it well for future growth. 6. Mastek: While facing short-term challenges, its strategic acquisitions and digital transformation services offer long-term potential. 7. State Bank of India (SBI): Continues to demonstrate strength in asset quality and credit growth, reinforcing its leadership in the banking sector. 8. LTIMindtree: Upcoming ex-dividend date and consistent performance in IT services make it a stock to watch. 9. Page Industries: Investor interest may be piqued due to its impending ex-dividend date and strong brand presence in the apparel sector. 10. Havells India: Focus on consumer electricals and expansion into new markets could drive future earnings. Strategic Considerations for Traders Risk Management: Given the current market volatility, implementing strict stop- loss orders is advisable. Sector Rotation: Monitor shifts in sectoral leadership, particularly between defensives like FMCG and cyclicals like infrastructure. Global Cues: Stay attuned to international developments, especially US economic data and geopolitical events, which could impact market sentiment. *Note: This analysis is based on information available as of May 19, 2025, and is intended for informational purposes only. Investors should conduct their own research or consult financial advisors before making investment decisions.*
NSE:BANKNIFTYLong
by TechnicalExpress
GO FASHION INDIA LTDGo Fashion (India) Ltd., operating under the brand name Go Colors, is a prominent Indian apparel company specializing in women's bottom-wear. Established in 2010 and headquartered in Chennai, Tamil Nadu, the company has carved a niche in the fashion industry by focusing exclusively on this segment. #GOCOLORS DAY CHART - Rocket Base Structure is Forming✔ A Big Rise after TL breakout on an amazing volume Blast ✶ The Recent consolidation breakout can trigger 2nd up leg. Holds 8% Market share in Branded Women's Bottom wear and Pilot Everyday wear in 15 stores. Above - 892 Stop - 865 Tgt 920,1000,1115 Keep learning happy trading
NSE:GOCOLORSLong
by TechnicalExpress
SUZLON ENERGY LTDSUZLON This is not a buy or sell recommendation only for educational purposes and I am not a SEBI registered. Entry: Above 61.2 on monthly breakout. Target: 61.5-65.45-70.20-72.25-82.35-86.4 If closed above 87 on monthly candle can touch 90-100 Stoploss: 58 Suzlon Energy Limited, a prominent player in India's renewable energy sector, has demonstrated significant operational progress in recent quarters. However, certain financial metrics and market dynamics warrant a cautious approach. Financial Performance Overview Revenue and Profitability: In Q3 FY25, Suzlon reported a revenue of ₹2,969 crore, marking a 91% increase year-over-year. EBITDA more than doubled to ₹500 crore, with an EBITDA margin of 16.8%. Despite this quarterly growth, the FY24 annual report indicates a 77.1% decline in net profit year-over-year, with net profit margins decreasing from 48.4% in FY23 to 10.1% in FY24. Balance Sheet and Debt Position: Suzlon has made strides in deleveraging, with total liabilities decreasing by 26.34% to ₹32.59 billion in 2024. Cash and short-term investments increased by 18.48% to 4.35 billion. The debt-to-equity ratio stands at a conservative 0.06, indicating a strong balance sheet position. Return Metrics: Return on Capital Employed (ROCE) is reported at 24%, surpassing the industry average of 18%. Return on Equity (ROE) is projected to improve to 28.6% by FY27. Operational Highlights Order Book and Capacity Expansion: As of May 2024, Suzlon's order book expanded to 3.3 GW, a significant increase from 652 MW in FY23. Notable contracts include a 402 MW project with Juniper Green Energy and a 551.25 MW project for the Aditya Birla Group. Technological Advancements: The $144 wind turbine, with a hub height of 160 meters, is India's tallest and delivers 40-43% higher generation than previous models. ▲ Risks and Considerations Valuation Concerns: The stock's P/E ratio stands at 64.94, which is higher than industry peers like Vestas (25.3) and Siemens Gamesa (18.7), suggesting potential overvaluation. Market Volatility: The stock experienced a 40% decline from its 52-week high, attributed to market- wide corrections and profit-booking after a substantial rally. Corporate Governance: The resignation of a key managerial person and warnings from NSE and BSE over regulatory non-compliance have raised concerns about corporate governance. Insider Activity and Market Sentiment There is no publicly available information confirming insider trading or undisclosed material events related to Suzlon Energy. However, the company's recent performance and strategic initiatives have garnered positive attention from investors and analysts. Conclusion Suzlon Energy exhibits strong operational momentum, a robust order book, and technological innovation in the renewable energy sector. While financial metrics show improvement, valuation concerns and corporate governance issues necessitate a cautious investment approach. Investors should monitor the company's execution of its order book, adherence to regulatory norms, and market dynamics closely.
NSE:SUZLONLong
by TechnicalExpress
PARAS DEF AND SPCE TECH LAs of May 16, 2025, Paras Defence and Space Technologies Ltd (NSE: PARAS) experienced a significant surge in its stock price. 📈 1-Day Stock Performance (May 16, 2025) Closing Price: ₹1,799.50 Price Change: +₹285.00 (+18.82%) Day’s Range: ₹1,515.30 – ₹1,817.40 Volume: Approximately 7.7 million shares traded 📊 Recent Performance Overview 1-Week Gain: +32.39% 1-Month Gain: +73.35% Year-to-Date (YTD) Return: +63.05% 📰 Key Developments Stock Split Announcement: The company declared a 1:2 stock split, enhancing liquidity and making shares more affordable for investors. Strong Q1 Financials: Paras Defence reported a 97% year-over-year increase in net profit for Q1 FY25, indicating robust operational performance. Sectoral Momentum: The defense sector has been on an upswing, with Paras Defence among the leading gainers amid a broader rally in defense stocks.
NSE:PARASLong
by TechnicalExpress
TATA POWER CO.LTDAs of May 16, 2025, Tata Power Co. Ltd. (NSE: TATAPOWER) closed at ₹405.80, marking a 1.97% increase for the day. 📊 45-Minute Timeframe Technical Analysis Analyzing the 45-minute chart provides insights into the stock's short-term movements. 📈 Moving Averages 50 EMA: ₹350.38 200 EMA: ₹355.60 Signal: The 50 EMA is below the 200 EMA, indicating a mild bearish trend. 📈 Simple Moving Averages (SMA) 15 SMA: ₹358.10 50 SMA: ₹344.82 Signal: The 15 SMA is above the 50 SMA, suggesting a mild bullish trend. 🔍 Summary Current Price: ₹405.80 Short-Term Trend: Mixed signals with a mild bearish indication from EMA crossover and a mild bullish indication from SMA crossover.
NSE:TATAPOWERShort
by TechnicalExpress
SWAN ENERGY LTDAs of the close on May 16, 2025, Swan Energy Ltd. (NSE: SWANENERGY) ended the trading day at ₹455.00. Based on daily technical analysis and pivot point calculations, here are the key support and resistance levels to consider: 📊 Daily Support & Resistance Levels Standard Pivot Points: Support Levels: S1: ₹451.15 S2: ₹440.95 S3: ₹426.35 Resistance Levels: R1: ₹475.95 R2: ₹490.55 R3: ₹500.75 Pivot Point: ₹465.75 Fibonacci Retracement Levels (from recent downtrend): Support Levels: 23.6%: ₹391.87 38.2%: ₹410.22 50%: ₹425.05 61.8%: ₹439.88 76.4%: ₹458.23 Resistance Levels: 23.6%: ₹425.88 38.2%: ₹407.53 50%: ₹392.70 61.8%: ₹377.87 76.4%: ₹359.52 Accumulated Volume Support & Resistance: Support Levels: S1: ₹442.45 S2: ₹434.55 S3: ₹430.25 Resistance Level: R1: ₹472.85 📈 Technical Indicators Overview Relative Strength Index (RSI): 72.385 (indicates overbought conditions) MACD: 7.690 (suggests bullish momentum) 5-Day Moving Average: ₹448.94 50-Day Moving Average: ₹424.67 These indicators suggest that while the stock is currently experiencing bullish momentum, the RSI indicates it may be overbought, which could lead to a short-term pullback. 🔍 Trading Insights The immediate support level at ₹442.45 is crucial; a break below this could signal further downside. On the upside, resistance at ₹472.85 is significant; a break above this could indicate continued bullish momentum. Given the current RSI and MACD readings, traders should exercise caution and monitor for potential reversals or consolidations.
NSE:SWANCORPLong
by TechnicalExpress