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Banknifty Intraday Analysis for 30th May 2025NSE:BANKNIFTY Index closed near 55445 level and Maximum Call and Put Writing near CMP as below in current monthly contract: Call Writing 56000 Strike – 17.81 Lakh 55000 Strike – 6.42 Lakh 57000 Strike – 5.74 Lakh Put Writing 56000 Strike – 13.25 Lakh 55000 Strike – 8.51 Lakh 55500 Strike – 4.11 Lakh Index has resistance near 56000 – 56100 range and if index crosses and sustains above this level then may reach near 56600 – 56700 range. Index has immediate support near 55200 - 55100 range and if this support is broken then index may tank near 54600 - 54500 range.
NSE:BANKNIFTYLong
by RKMAURYA
Finnifty Intraday Analysis for 30th May 2025NSE:CNXFINANCE Index closed near 26450 level and Maximum Call and Put Writing near CMP as below in current monthly contract: Call Writing 26000 Strike – 0.07 Lakh 26400 Strike – 0.07 Lakh 26500 Strike – 0.05 Lakh Put Writing 26000 Strike – 0.13 Lakh 26500 Strike – 0.07 Lakh 26400 Strike – 0.05 Lakh Index has resistance near 26775 - 26825 range and if index crosses and sustains above this level then may reach near 27000 - 27050 range. Index has immediate support near 26350 – 26300 range and if this support is broken then index may tank near 26075 – 260125 range.
NSE:CNXFINANCELong
by RKMAURYA
Midnifty Intraday Analysis for 30th May 2025NSE:NIFTY_MID_SELECT Index closed near 12705 level and Maximum Call and Put Writing near CMP as below in current monthly contract: Call Writing 13000 Strike – 1.31 Lakh 12700 Strike – 1.20 Lakh 12600 Strike – 0.52 Lakh Put Writing 12700 Strike – 1.09 Lakh 12500 Strike – 0.89 Lakh 12600 Strike – 0.65 Lakh Index has immediate resistance near 12825 – 12875 range and if index crosses and sustains above this level then may reach 13000 – 13050 range. Index has immediate support near 12625 – 12575 range and if this support is broken then index may tank near 12475 – 12425 range.
NSE:NIFTY_MID_SELECTLong
by RKMAURYA
ABB India Ltd (NSE: ABB) LONG**ABB India Ltd (NSE: ABB)**: **Chart Analysis** * **Trendline Support:** The stock has been respecting a long-term rising trendline since mid-2020. * **Recent Reversal:** A bullish engulfing candle has formed near this trendline support in the latest month (May 2025), closing at ₹5,960 with a **+7.92% gain**. * **Correction Phase:** The stock has corrected significantly from the all-time high around ₹9,179 (marked with a dashed blue line). * **Support Held:** The recent low aligns well with the trendline, suggesting the correction might be ending.
NSE:ABBLong
by Trade_With_Harpreet
Anant Raj: Triple Bottom Reversal Pattern, Trendline BO.NSE:ANANTRAJ Made a Beautiful Chart Structure of a Triple Bottom reversal pattern, Sort of Inverse H&S confirmation and Trendline BO. Post Excellent Q4 Results, with Good Price and Volume action. Price Action: - It experienced a sharp decline in January 2025, falling from ₹950 to the ₹550 level. - Further correction took it to lows near ₹420 in March-May 2025 - Currently showing signs of recovery at ₹514.10, up ₹40.50 (+8.55%) in today's session. - Breaking above the descending trendline (white diagonal). - Multiple tests of the ₹420-430 support zone created a solid base Volume Analysis: - Today's volume at 7.79M shares vs. average of 2.93M (over 2.5x normal volume) - Previous support bounces (green arrows) also saw increased volume - Strong volume accompanying the breakout indicates conviction behind the move - Volume expansion during upward movements signals the accumulation phase Key Support and Resistance: - Strong support established at ₹420-430 zone (green horizontal line) - Intermediate resistance at ₹550 level (lower red horizontal line) - Major resistance at ₹630-640 zone (upper red horizontal line) - Multiple rejection points at these resistance levels (red arrows) - Historical resistance at ₹935-950 from December-January (top red line) Technical Patterns: 1. Triple Bottom- Formed at ₹420-430 level (March, April, May - green arrows) 2. Descending Trendline Breakout- Price breaking above the multi-month downtrend line 3. Somewhat Inverse Head & Shoulders- Potentially forming with: - Left shoulder (February-March) - Head (April) - Right shoulder (May) - Neckline around ₹520-530 4. Sort of Range Breakout- Escaping from the ₹420-500 trading range Trade Setup: - Pattern: Trendline breakout + potential inverse H&S completion - Confirmation: Strong price action above ₹500 with volume expansion - Context: Reversal setup after extended downtrend and base formation Entry Points: 1. Aggressive Entry: Current price (₹514.10) with partial position 2. Pullback Entry: On retest of breakout level ₹490-500 3. Confirmation Entry: On close above ₹550 (previous resistance level) Exit Strategy - Target 1: ₹550 (immediate resistance) - Target 2: ₹630-640 (major resistance zone) - Target 3: ₹750 (intermediate target based on pattern projection) - Ultimate Target: ₹935-950 (previous ATH high) - Trailing Stop: Implement a 5% trailing stop after Target 1 is achieved Stop Loss Placement: - Aggressive Stop: ₹480 (below recent swing low) - Conservative Stop: ₹450 (midpoint of recent range) - Pattern-Based Stop: ₹420 (below the triple bottom support) Risk Management: - Position sizing: Limit risk to 1-2% of trading capital - Risk-reward ratio: Minimum 1:1.5 (with aggressive stop) - Consider the pyramiding approach: add to the position as each resistance level is cleared - Scale out: 30% at Target 1, 30% at Target 2, hold remainder with trailing stop The stock shows a compelling technical setup with its triple bottom pattern, trendline breakout, and high-volume surge. The inverse head and shoulders pattern, if completed with a move above ₹550, would further confirm the reversal thesis. Multiple tests of support with increasing volume on the recovery suggest institutional interest is building in the stock. Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:ANANTRAJLong
by Karanshah137
21
BALRAMPUR CHINI MILLS technical analysisBalrampur Chini Mills Ltd. (NSE: BALRAMCHIN) is currently trading at INR 585.15. The company is one of India's leading integrated sugar manufacturers, engaged in sugar production, ethanol manufacturing, and cogeneration of power from sugarcane byproducts. Key Levels Support Level: INR 391.30, INR 455.55, INR 483.40, INR 523.25 Swing Level: INR 585.15 Possible Upside Levels: INR 656.65, INR 721.25, INR 803.55 Technical Indicators RSI: The Relative Strength Index (RSI) is currently at 60.36, suggesting strong momentum as the stock approaches the overbought zone. This indicates bullish sentiment with potential for further price gains. Volume: Trading volume is 9.07M, reflecting high investor participation. Increased volume around key price levels may confirm breakouts or trend reversals. Sector and Market Context Balrampur Chini Mills Ltd. operates in the sugar industry, which remains highly cyclical and dependent on government policies, weather conditions, and global sugar prices. The ethanol blending initiative in India has boosted industry-wide demand, with sugar mills increasingly focusing on ethanol production to diversify revenue streams. Additionally, government-imposed minimum support prices for sugarcane and export restrictions continue to shape pricing dynamics. The broader market outlook suggests positive momentum for sugar stocks, driven by higher ethanol demand, stable domestic sugar consumption, and global supply constraints. Latest News and Developments Market Trends: Institutional investors remain bullish on sugar stocks due to strong ethanol demand and favorable regulatory policies. Analyst Ratings: Some analysts forecast steady revenue growth, highlighting ethanol's increasing contribution to earnings. Quarterly Results: The company reported improved earnings, supported by higher sugar prices and stable ethanol production margins. Dividend Update: The firm has maintained a consistent dividend payout, reinforcing confidence in long-term profitability. Analysis Summary Balrampur Chini Mills Ltd. exhibits strong technical momentum, with RSI and volume indicating continued investor interest. Sector dynamics remain favorable, driven by government support for ethanol and steady sugar consumption. Investors should monitor commodity price trends, policy developments, and macroeconomic indicators before making strategic decisions. A balanced approach is advisable, considering cyclical industry risks alongside growth opportunities.
NSE:BALRAMCHINLong
by TechnicalAnalystSucrit
Nifty Intraday Analysis for 29th May 2025NSE:NIFTY Index closed near 24750 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 25000 Strike – 131.43 Lakh 25500 Strike – 128.89 Lakh 24800 Strike – 102.38 Lakh Put Writing 24500 Strike – 80.64 Lakh 24800 Strike – 79.77 Lakh 25000 Strike – 65.52 Lakh Index has resistance near 24950 – 25000 range and if index crosses and sustains above this level then may reach near 25200 – 25250 range. Index has immediate support near 24650 – 24600 range and if this support is broken then index may tank near 24450 – 24400 range.
NSE:NIFTYLong
by RKMAURYA
Banknifty Intraday Analysis for 29th May 2025NSE:BANKNIFTY Index closed near 55415 level and Maximum Call and Put Writing near CMP as below in current monthly contract: Call Writing 57000 Strike – 17.55 Lakh 56000 Strike – 17.36 Lakh 55500 Strike – 15.41 Lakh Put Writing 55000 Strike – 14.97 Lakh 54000 Strike – 13.72 Lakh 55500 Strike – 12.84 Lakh Index has resistance near 55800 – 55900 range and if index crosses and sustains above this level then may reach near 56400 – 56500 range. Index has immediate support near 54800 - 54700 range and if this support is broken then index may tank near 54300 - 54200 range.
NSE:BANKNIFTYLong
by RKMAURYA
2
Finnifty Intraday Analysis for 29th May 2025NSE:CNXFINANCE Index closed near 26450 level and Maximum Call and Put Writing near CMP as below in current monthly contract: Call Writing 27000 Strike – 1.77 Lakh 26500 Strike – 1.58 Lakh 26400 Strike – 1.35 Lakh Put Writing 26000 Strike – 1.77 Lakh 26400 Strike – 1.49 Lakh 25800 Strike – 1.28 Lakh Index has resistance near 26625 - 26675 range and if index crosses and sustains above this level then may reach near 26850 - 26900 range. Index has immediate support near 26250 – 26200 range and if this support is broken then index may tank near 26050 – 26000 range.
NSE:CNXFINANCELong
by RKMAURYA
Midnifty Intraday Analysis for 29th May 2025NSE:NIFTY_MID_SELECT Index closed near 12595 level and Maximum Call and Put Writing near CMP as below in current monthly contract: Call Writing 13000 Strike – 14.58 Lakh 12800 Strike – 8.97 Lakh 12600 Strike – 8.64 Lakh Put Writing 12600 Strike – 7.93 Lakh 12500 Strike – 5.94 Lakh 12700 Strike – 4.64 Lakh Index has immediate resistance near 12750 – 12800 range and if index crosses and sustains above this level then may reach 12950 – 13000 range. Index has immediate support near 12450 – 12400 range and if this support is broken then index may tank near 12275 – 12225 range.
NSE:NIFTY_MID_SELECTLong
by RKMAURYA
1
KIRLOSKAR INDUSTRIES technical analysisKirloskar Industries Ltd. (NSE: KIRLOSIND) is currently trading at INR 3,742.10, reflecting a 24.25% increase. The company operates in the industrial and engineering sector, specializing in infrastructure, manufacturing, and capital goods, with a strong footprint in real estate and investments. Key Levels Support Level: INR 2,377.60, INR 3,301.25, INR 3,728.40 Swing Level: INR 4,296.05 Possible Upside Levels: INR 6,208.45, INR 7,132.10, INR 8,308.65 Technical Indicators RSI: The Relative Strength Index (RSI) is at 49.25, indicating neutral momentum. The stock is hovering in a balanced state, neither overbought nor oversold, signaling potential stability. Volume: Trading volume has increased, suggesting heightened investor interest and potential price momentum confirmation toward resistance levels. Sector and Market Context Kirloskar Industries Ltd. operates in the capital goods and diversified engineering sector, which benefits from government-backed infrastructure development, industrial modernization, and investment-led growth strategies. The industry has witnessed steady expansion, bolstered by manufacturing incentives, technological upgrades, and increasing demand for engineering solutions. However, raw material cost fluctuations, supply chain efficiency, and cyclical economic impacts could influence long-term trends. Latest News and Developments Market Trends: Strong institutional inflows into industrial stocks amid optimism surrounding India’s manufacturing growth. Analyst Ratings: Recent outlooks suggest potential scalability, driven by diversified business verticals and positive earnings revisions. Quarterly Results: The company posted robust revenue growth, supported by improved operational efficiencies and higher real estate holdings. Dividend Update: No recent dividend announcements, signaling a reinvestment strategy for capacity expansion. Analysis Summary Kirloskar Industries Ltd. exhibits stable technical momentum, with RSI suggesting neutral positioning. Volume trends reinforce continued investor participation, while sector tailwinds align with long-term growth potential. Investors should monitor price action near key levels, macroeconomic indicators, and sector-wide performance before making investment decisions. A balanced approach is recommended, considering market trends and operational execution.
NSE:KIRLOSINDLong
by TechnicalAnalystSucrit
NIFTY forming Head and Shoulders pattern..?As we can see NIFTY remained sideways throughout the day but our demand zone is still protected hence as long as we are above 24400, every dip can be bought. on the other hand, it can be seen forming head and shoulders patttern in bigger time frame which is a reversal structure but its neckline can be assumed around our given demand zone hence we should stay by our analysis until and unless 24400 is broken below and sustained so plan your trades accordingly and keep watching.
NSE:NIFTY
by Wealthcam
Sobha Ltd's Price AnalysisSobha Ltd's share price as of late May 2025 is trading in the range of ₹1,349.60 to ₹1,386.10, with recent sessions showing minor fluctuations and a slight upward move from the previous close. Over the past year, the stock has declined by nearly 29%, though its longer-term performance remains strong, with a five-year return exceeding 600% . From a valuation perspective, Sobha is trading at a high price-to-earnings (P/E) ratio of about 225–241, which is significantly above the industry average and suggests the stock is priced for substantial future growth or that current earnings are relatively low. Its price-to-book (P/B) ratio is also elevated, at around 4.25–5.85 times, indicating a premium to its book value. The intrinsic value estimate is much lower than the current market price, at approximately ₹538.36, suggesting the stock is overvalued by fundamental metrics . Analyst sentiment remains largely positive, with about 76% of analysts recommending a buy and an average target price of ₹1,580.88, indicating a potential upside of around 15% from current levels. The highest analyst target is ₹2,459, while the lowest is ₹1,150, reflecting a wide range of expectations . Recent financial trends show revenue growth over the last three quarters, with net profit margins improving but still modest. Mutual fund holdings have slightly increased, and promoter holdings remain stable, both of which are generally positive indicators. However, the company has a low interest coverage ratio and has delivered poor sales growth over the past five years, signaling some underlying financial risks . Technically, the stock has shown short-term bearish signals, with a recent moving average crossover historically leading to declines in the following week. Despite this, the long-term outlook from analysts remains constructive, and historical data shows that Sobha has often delivered positive returns in May, with an average change of 6.85% for the month over 17 years . In summary, Sobha Ltd's stock is currently trading at a premium, with high valuations and mixed short-term signals, but it remains favored by analysts for its long-term growth potential. Investors should weigh the optimistic forecasts against the elevated risk implied by current valuations and recent negative momentum.
NSE:SOBHALong
by KamalKJoshi
USHA MARTIN BREAKS OUT! 7.5% SURGE SIGNALS MASSIVE RALLY AHEADNSE:USHAMART Made Beautiful Chart Structure of Kinda Triple Bottom Reversal Pattern today after Q4 Results with Good Price and Volume action and Breaking the Trendline. Price Action: - The stock has been in a downtrend since November 2024, forming a clear descending resistance line (white diagonal Trendline) - Currently showing strong breakout momentum at ₹334.85, up ₹23.75 (+7.46%) in today's session - Successfully broken above both the downtrend line and horizontal resistance at ₹320-325 - Multiple tests of support at the ₹290 level have created a solid base for the current rally - Higher lows forming since March indicate increasing buying pressure Volume Analysis: - Today's volume at 4.98M shares vs. average of 688.65K (over 7x normal volume) - Previous support bounces (green arrows) also occurred with increased volume - Extremely high volume on today's breakout confirms strong institutional interest - Volume profile shows healthy accumulation during support tests Key Support and Resistance Levels: - Strong support established at ₹290 level (green horizontal line) - Intermediate resistance/support at ₹320-325 (lower red horizontal line) - Major resistance at ₹350 level (upper red horizontal line) - The previous rejection point at ₹350 (red arrow) now becomes the next target - Long-term resistance from October to December 2024 around ₹420 Technical Patterns: 1. Downtrend Line Breakout*- Price has decisively broken above the multi-month downtrend line 2. Kinda Triple Bottom- Formed at ₹290 level (February-May), creating a solid foundation 3. Ascending Triangle- Recent price action shows higher lows against horizontal resistance 4. Volume Confirmation- Massive volume spike validates the technical breakout 5. Bullish Engulfing Candle- Today's price action engulfs previous bearish candles Trade Setup: - Pattern: Downtrend line breakout + horizontal resistance break - Confirmation: Strong price action with 7x normal volume - Context: Potential trend reversal after extended downtrend and base formation Entry Points: 1. Aggressive Entry: Current price (₹334.85) with partial position 2. Pullback Entry: On retest of breakout level ₹320-325 3. Confirmation Entry: Add positions on close above ₹350 (previous resistance) Exit Strategy: - Target 1: ₹350 (immediate resistance) - Target 2: ₹380 (intermediate resistance based on prior support level) - Target 3: ₹420 (major resistance from December 2024) - Trailing Stop: Implement a 5% trailing stop after Target 1 is achieved Stop Loss Placement: - Aggressive Stop: ₹315 (below breakout level) - Conservative Stop: ₹305 (midpoint between support and breakout) - Pattern-Based Stop: ₹290 (below the triple bottom support) Risk Management: - Position sizing: Limit risk to 1-2% of trading capital - Risk-reward ratio: Maintain at least 1:1.5 (with aggressive stop) - Consider scaling in: 50% at current level, 25% on pullback, 25% on further confirmation - Scale out: 30% at Target 1, 40% at Target 2, hold remainder with trailing stop Today's powerful breakout on record volume after forming a kinda triple bottom pattern suggests a potential trend reversal. The breakout above both the descending trendline and horizontal resistance provides a compelling technical case for upside continuation. If the stock can maintain momentum above the ₹325 level, it could target the next resistance at ₹350 quickly, with potential for a move toward ₹380-420 in the coming weeks. Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:USHAMARTLong
by Karanshah137
6
Nifty Intraday Analysis for 28th May 2025NSE:NIFTY Index closed near 24825 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 25000 Strike – 129.93 Lakh 25500 Strike – 98.82 Lakh 24800 Strike – 75.42 Lakh Put Writing 24500 Strike – 88.84 Lakh 25000 Strike – 80.78 Lakh 24800 Strike –70.75 Lakh Index has resistance near 24975 – 25025 range and if index crosses and sustains above this level then may reach near 25200 – 25250 range. Index has immediate support near 24650 – 24600 range and if this support is broken then index may tank near 24450 – 24400 range.
NSE:NIFTYLong
by RKMAURYA
Banknifty Intraday Analysis for 28th May 2025NSE:BANKNIFTY Index closed near 55355 level and Maximum Call and Put Writing near CMP as below in current monthly contract: Call Writing 56000 Strike – 17.43 Lakh 55500 Strike – 15.93 Lakh 57000 Strike – 15.06 Lakh Put Writing 55000 Strike – 17.60 Lakh 55500 Strike – 14.44 Lakh 54000 Strike – 13.52 Lakh Index has resistance near 55800 – 55900 range and if index crosses and sustains above this level then may reach near 56400 – 56500 range. Index has immediate support near 54800 - 54700 range and if this support is broken then index may tank near 54300 - 54200 range.
NSE:BANKNIFTYLong
by RKMAURYA
Finnifty Intraday Analysis for 28th May 2025NSE:CNXFINANCE Index closed near 26420 level and Maximum Call and Put Writing near CMP as below in current monthly contract: Call Writing 27000 Strike – 1.50 Lakh 26500 Strike – 1.20 Lakh 26400 Strike – 1.12 Lakh Put Writing 26000 Strike – 1.22 Lakh 26400 Strike – 0.96 Lakh 26350 Strike – 0.86 Lakh Index has resistance near 26600 - 26650 range and if index crosses and sustains above this level then may reach near 26825 - 26875 range. Index has immediate support near 26225 – 26175 range and if this support is broken then index may tank near 26025 – 25975 range.
NSE:CNXFINANCELong
by RKMAURYA