Nifty 50 spot 25285.35 by the Daily Chart view - Weekly updateNifty 50 spot 25285.35 by the Daily Chart view - Weekly update
- Support Zone 24875 to 25135 for Nifty Index earlier Resistance Zone
- Rising Support Channel stayed grounded by continued supportive role
- Strong rejection observed at 25430 to 25670 Resistance Zone for Nifty Index
- Falling Resistance Trendline stands ground and Resistance Channel Breakout seems sustained
- Bullish Technical patterns of "W" Double Bottom followed by Rounding Bottom formed around Support Zone
Technicalchartanalysis
Punjab National Bank cmp 117.24 by Weekly Chart viewPunjab National Bank cmp 117.24 by Weekly Chart view
- Weekly basis Support levels seen at 107 > 98 > 87
- Weekly basis Resistance levels at 124 > 133 > ATH 142.90
- Bullish Head & Shoulders followed by Rounding Bottoms formed
- Volumes seen getting in close sync with the average traded quantity
Bank Nifty spot 56609.75 by the Daily Chart view - Weekly updateBank Nifty spot 56609.75 by the Daily Chart view - Weekly update
- Support Zone 55125 to 55775 for Bank Nifty decently active
- Resistance Zone 56950 to 57350 then ATH 57628.40 for Bank Nifty
- Falling Resistance Trendline Breakout seems in the making for uptrend
- Rising Support Channel stood ground and provided steady positive support
- Bullish Rising W pattern done and well sustained by current trending momentum
- Support Zone tested and tested over the past full week, indicating probable positive trend
Vikran Engineering cmp 105.91 by Hourly Chart view since listedVikran Engineering cmp 105.91 by Hourly Chart view since listed
- Support Zone 99 to 103 Price Band
- Resistance Zone 106.75 to 111.50 Price Band
- Volumes are spiking well above avg traded quantity over past few days
- Subject to closure above Resistance Zone for few days, New ATH maybe anticipated
- Stock has formed bullish technical chart setup with Rounding Bottom and W Double Bottom
JK Paper cmp 426.25 by Weekly Chart viewJK Paper cmp 426.25 by Weekly Chart view
- Weekly basis Support Zone 345 to 380 Price Band
- Weekly basis Resistance Zone 445 to 480 Price Band
- Bullish Cup & Handle pattern made surrounding Support Zone
- Volumes spiked heavily last week by close sync with avg traded qty
- Majority of the Technical Indicators BB, EMA, MACD, RSI, SAR on positive trend
- Falling Resistance Trendline Breakout well sustained by price and volumes momentum
Bank Nifty spot 55589.25 by Daily Chart view - Weekly updateBank Nifty spot 55589.25 by Daily Chart view - Weekly update
- Minor Gap Down of Friday has not got closed
- Support Zone 53775 to 54450 sustained for Bank Nifty
- Resistance Zone 55125 to 55775 for Bank Nifty yet active
- Rising Support Channel stood ground providing continued positive support
- Resistance Zone still holding ground and the Bank Nifty needs fresh strength for a breakout
Nifty 50 spot 24894.25 by Daily Chart view - Weekly updateNifty 50 spot 24894.25 by Daily Chart view - Weekly update
- Support Zone 24325 to 24500 for Nifty Index remains active
- Rising Support Channel playing hide and seek for continued supportive role
- Strong rejection observed at 25430 to 25670 Resistance Zone for Nifty Index
- Current Resistance Zone 24875 to 25135 of Nifty Index remains an active hurdle
- Falling Resistance Trendline and Resistance Channel are still playing out pretty strongly
- Bearish Rounding Top scenario effect seems been negated by upswing over the past 2 days
Power Finance Corp cmp 411.15 by the Weekly Chart viewPower Finance Corp cmp 411.15 by the Weekly Chart view
- Support Zone 380 to 400 Price Band
- Resistance Zone 440 to 460 Price Band
- Price traversing within Descending Triangle pattern after ATH
- Rising Support Trendline well respected by touch points since close to 2 years
- Price seen majorly trending inside Darvas Box since Mar 2025 in a range of 380 to 440
- Volumes in close sync with avg traded qty on Daily Chart and in steady stream by Weekly Chart
Dam Capital Advisors cmp 243.50 by Daily Chart view since listedDam Capital Advisors cmp 243.50 by Daily Chart view since listed
- Support Zone 222 to 234 Price Band
- Resistance Zone 264 to 275 Price Band
- Volumes are flattish below avg traded quantity, need to improve
- Support Zone test retest should be expected before fresh upside
- 1st Falling Resistance Trendline Breakout seems well sustained for now
- 2nd Falling Resistance Trendline Breakout might be seen happening in short term
- Rising Support Trendline well respected, gradually trending upwards since ATL 195.55 price level
Bank Nifty spot 54389.35 by Daily Chart view - Weekly updateBank Nifty spot 54389.35 by Daily Chart view - Weekly update
- Minor Gap Down of Friday would need closure
- Resistance Zone 55125 to 55775 for Bank Nifty
- Bearish Rounding Top has made again at Support Zone neckline
- Rising Support Channel thou standing positive may break by weakness
- Support Zone 53775 to 54450 may get tested for Bank Nifty by ongoing weakness
- Resistance Zone seems holding ground and the Bank Nifty will need time to make a breakout
Nifty 50 spot 24654.70 by Daily Chart view - Weekly updateNifty 50 spot 24654.70 by Daily Chart view - Weekly update
- Support Zone 24325 to 24500 for Nifty Index
- Rising Support Channel broken down from its supportive role
- Earlier Support Zone now acting Resistance Zone 24875 to 25135
- Falling Resistance Trendline and Resistance Channel are strongly active
- Strong rejection observed at 25430 to 25670 Resistance Zone for Nifty Index
- Bearish Rounding Top is seen in the making process with Support Zone neckline
IDBI Bank cmp 92.50 by Monthly Chart view since it got listedIDBI Bank cmp 92.50 by Monthly Chart view since it got listed
- Support Zone 66 to 82 Price Band
- Resistance Zone 105 to 120 Price Band
- Bullish Cup and Handle done indicative of good upside probability
- Resistance Zone acting strongly hence Price move getting rejected since October 2011
- Breakout above Resistance Zone needs heavy traded Volumes increase and needs to sustain above it for few days to foresee and anticipate fresh upside 🤞🏽🤞🏽🤞🏽🤞🏽
Shakti Pumps cmp 856.65 by Daily Chart viewShakti Pumps cmp 856.65 by Daily Chart view
- Support Zone 775 to 805 Price Band
- Resistance Zone 885 to 920 Price Band
- Symmetrical Triangle Breakout attempted
- Intermittent Heavy Volumes surge seen by demand based buying
- Rising Price Trendline and Channel indicating slow and steady upside momentum
- Fresh upside may be foreseen, post Resistance Zone Breakout and sustained closure above it for few days
Nifty 50 spot 25114 by Daily Chart view - Weekly UpdateNifty 50 spot 25114 by Daily Chart view - Weekly Update
- Rising Support Channel seems back in positive action mode
- Resistance Zone 24900 to 25150 of Nifty Index Breakout attempted
- Falling Resistance Trendline in place but Resistance Channel Breakout attempted
- Bearish Rounding Top pattern by the Resistance zone neckline to see breakout over the next week
- Bullish "W" with Double Bottom formed below Support Zone, seems instrumental for uptrend momentum
- Support Zone seen at 24450 to 24700 of Nifty Index gained strength by the weekly closure above the 25000 index level
Bank Nifty spot 54809.30 by Daily Chart view - Weekly UpdateBank Nifty spot 54809.30 by Daily Chart view - Weekly Update
- Support Zone 53575 to 54175 for Bank Nifty Index
- Rising Support Channel seems back in positive action mode
- Resistance Zone 54975 to 55575 of Bank Nifty Index may act as a strong barrier to cross
- Minor Gap Down Opening of Tuesday would get closure soon, probably over the next week
- Earlier Resistance Zone now seems like getting in the Support Zone role by this weeks closure
Bikaji Foods cmp 800.05 by Daily Chart viewBikaji Foods cmp 800.05 by Daily Chart view
- Support Zone 774 to 788 Price Band
- Resistance Zone 825 to 840 Price Band
- Pretty closely considerate Bullish Double Bottom formed
- Support Zone seems like going thru testing retesting mode
- Falling Resistance Trendline Breakout seems been attempted
- Price momentum seem respecting the Rising Support Trendlines
- Bullish Rounding Bottoms with Head & Shoulders below Support Zone
- Price Breakout will sustain after closure above Resistance Zone for few days
Bank Nifty spot 55004.90 by Daily Chart view - Weekly updateBank Nifty spot 55004.90 by Daily Chart view - Weekly update
- Fairly decent Support Zone 54160 to 54660 for Bank Nifty Index
- Current Resistance Zone 55050 to 55450 for Bank Nifty Index, earlier Support Zone
- Bearish Rounding Top pattern has sustained for Bank Nifty Index ATH to current Resistance Zone earlier a Support Zone
- Bearish Rounding Top from ATH 57628.40 ending 55149.30 by 2479 points of Bank Nifty index in active downplay mode
- *Will the Bank Nifty Index continue this breakdown journey from the active Resistance Zone and dive down further on too*
- *Stock Markets Domestically and Globally, are bearing the brunt of adversely affecting and negatively playing Tariff Tantrum Trumpet*
Rosstech Techsys cmp 585 by Daily Chart view since listedRosstech Techsys cmp 585 by Daily Chart view since listed
- Support Zone 545 to 565 Price Band
- Resistance Zone 600 to ATH 613.90 Price Band
- Price Range Trading Breakout seems likely in making process
- Multiple Technical patterns formed Rounding Bottom, Cup & Handle, Head & Shoulders
- Volumes are seen trending well above the average traded quantity over the past few days
Vijaya Diagnostic cmp 1083.30 by the Daily Chart viewVijaya Diagnostic cmp 1083.30 by the Daily Chart view
- Support Zone 1005 to 1045 Price Band
- Resistance Zone 1125 to 1165 Price Band
- Symmetrical Triangle Breakout done
- Price seems testing retesting the Support Zone for upside momentum
- Bullish Head & Shoulders made within the Symmetrical Triangle pattern
- Bullish Rounding Bottom done over Head & Shoulders and again within Symmetrical Triangle pattern
Gokul Agro Resources cmp 304.45 by Daily Chart viewGokul Agro Resources cmp 304.45 by Daily Chart view
- Support Zone 280 to 300 Price Band
- Resistance Zone 315 to 335 Price Band
- Falling Resistance Trendline hurdle need be crossed for breakout
- Rising Support Trendline seems well respected by current momentum
- Price traversing inside the Rising Support Channel is indicating bullishness
- Chart has formed Bullish Cup & Handle pattern by the Resistance Zone neckline
Godfrey Philips cmp 8942.50 by Daily Chart viewGodfrey Philips cmp 8942.50 by Daily Chart view
- Support Zone 8450 to 8650 Price Band
- Resistance Zone 9150 to 9400 Price Band
- Rising Support Trendline has been well sustained
- Price reversing basis Support Zone test retest over past 3 days
- Volumes attempting sync with avg traded qty thou the profit booking
- Technical Indicators BB, EMA, SAR, MACD, RSI, SuperTrend turning positive