Banknifty Intraday Analysis for 06th June 2025NSE:BANKNIFTY
Volatility expected on RBI June’25 MPC Meeting outcome.
Index has resistance near 56300 – 56400 range and if index crosses and sustains above this level then may reach near 56800 – 56900 range.
Banknifty has immediate support near 55200 - 55100 range and if this support is broken then index may tank near 54600 - 54500 range.
Trend Lines
Finnifty Intraday Analysis for 06th June 2025NSE:CNXFINANCE
Volatility expected on RBI June’25 MPC Meeting outcome.
Index has resistance near 26550 - 26600 range and if index crosses and sustains above this level then may reach near 26750 - 26800 range.
Finnifty has immediate support near 26250 – 26200 range and if this support is broken then index may tank near 26050 – 26000 range.
Midnifty Intraday Analysis for 06th June 2025NSE:NIFTY_MID_SELECT
Volatility expected on RBI June’25 MPC Meeting outcome.
Index has immediate resistance near 13025 – 13050 range and if index crosses and sustains above this level then may reach 13250 – 13275 range.
Midnifty has immediate support near 12775 – 12750 range and if this support is broken then index may tank near 12650 – 12625 range.
ROUTEROUTE is giving hint of reversal with unusual volume. And in mu opinion reversal will be confirmed only if it closes above 1030. If it confirmed then 15-17% from here may be possible. And if it closes below 930 may change my view. Today it is attempting to close above short term key moving averages. Keep a closer watch
HERCULES HOISTS technical analysisHercules Hoisting Ltd. (NSE: HERCULES HOI. LTD.) is currently trading at INR 309.20. The company operates in the material handling and industrial equipment sector, providing hoisting solutions for infrastructure, manufacturing, and logistics industries. This company is part of Bajaj Group.
Key Levels
Support Levels: INR 77.36, INR 127.30, INR 169.29, INR 196.37
Swing Level: INR 309.20
Possible Upside Levels: INR 359.15, INR 422.75, INR 487.60
Technical Indicators
RSI: The Relative Strength Index (RSI) is currently at 59.97, indicating strong momentum but remaining below the overbought threshold, suggesting further upside potential if buying interest persists.
Volume: Trading volume has been consistent, reflecting steady investor participation. A spike in volume near resistance levels could confirm bullish movements.
Sector and Market Context
Hercules Hoisting Ltd. operates within the industrial equipment and logistics automation sector, which has seen rising demand due to increased manufacturing activity, automation in warehousing, and infrastructure growth. The industry benefits from government-led industrial expansion and private sector investments, though it faces challenges such as raw material price fluctuations, regulatory compliance, and competitive pressures from global players. Broader market conditions suggest positive sentiment in capital goods stocks, making industrial and equipment-related companies appealing to long-term investors.
Latest News and Developments
Market Trends: Increased adoption of automated material handling solutions, boosting prospects for hoisting and lifting equipment manufacturers.
Analyst Ratings: Analysts have projected stable revenue growth, citing expansions in industrial automation demand.
Quarterly Results: The company reported moderate earnings growth, supported by steady infrastructure investment inflows.
Dividend Update: Hercules Hoisting Ltd. has declared a dividend payout of ₹3 per share, reflecting stable cash flow management and shareholder commitment.
Analysis Summary
Hercules Hoisting Ltd. presents a bullish technical setup, with RSI and volume trends indicating strong investor engagement. Sector fundamentals remain positive, supported by automation-driven industrial growth and infrastructure expansion. Investors should monitor price movements near key resistance levels, macroeconomic indicators, and industrial investment trends before making strategic decisions. A balanced approach is advised, factoring in market cyclicality and sector-specific risks.
Premier Explosives Limited is ready to explodeI'm seeing some interesting price action. The stock seems to have made a strong move and then come back to retest what appears to be a key level around ₹608.
From my perspective, if PREMEXPLN can hold above this ₹608 mark, I'm anticipating a potential move higher. My current target for this setup is around the ₹900 level, which aligns with a significant point on the chart.
This is simply my interpretation of the technicals, and I'll be watching how price develops from here. As with any trading idea, proper risk management is essential.
Just sharing my chart observation – not financial advice.
HINDZINC - NSE | Daily Chart Analysis📊 HINDUSTAN ZINC LTD (HINDZINC) – NSE | Daily Chart Analysis
📅 Date: May 30, 2025
📈 CMP: ₹464.75 (+2.68%)
📌 Ticker: NSE:HINDZINC
🧠 Technical Breakdown
🟢 Descending Trendline Breakout 🟢
The stock is showing early signs of strength as it approaches the apex of a long-term descending trendline. Price action is attempting a trendline breakout from a nearly year-long downtrend, suggesting the possibility of a bullish reversal.
🔍 Volume Confirmation
Steady volume buildup over the past few sessions, potentially indicating accumulation ahead of a confirmed breakout.
📉 Well-Defined Support
₹374.65 has acted as a strong demand zone on multiple occasions, offering a solid base for the current move.
📍 Key Price Levels
🔺 Resistance (Trendline Breakout Zone): ₹465
🔻 Major Support: ₹374.65
🎯 Upside Targets (on breakout):
₹500
₹535
₹575+
🛡️ Stop Loss: Below ₹440 (on breakout failure)
📌 Trading Strategy
Aggressive Entry: On breakout + closing above ₹465 with volume surge
Conservative Entry: Retest of trendline post-breakout
SL: ₹440
Target Zone: ₹500–₹575
⚠️ Disclaimer
This post is for educational purposes only and does not constitute financial advice. Always conduct your own analysis or consult a financial advisor before investing.
Well anticipated move!As we can see despite the bearishness, NIFTY showed immense strength as expected and analysed in our previous posts. We had been adamant to our levels and hence every dip was our buying opportunity and also told u guys to make fresh entries for better risk to reward. Now we will stick to our analysis and will keep on buying the dip unless 24400 is broken and sustained below for ATH target.
KAVA Ready for Breakout? Watch 0.45 Key Level
📊 Cycle Analysis
🔁 HWC: Ranging
🔁 MWC: Ranging
🔁 LWC: Ranging
The price is currently moving inside a 4H range box. Personally, I avoid trading inside ranges like this due to the high probability of fakeouts and choppy movement.
🧭 My Strategy:
✅ A break above 0.45 (range resistance) could be a solid long trigger, signaling a potential breakout from this consolidation zone.
📈 After entering, I’ll let the price move toward the upper descending trendline, which has seen multiple touches. This increases the odds of a breakout, or at least a strong reaction.
⚠️ If the reaction to the trendline is weak (e.g., no strong rejection candle, low volume), I’ll keep my position open, as the market may break out and offer better R multiples.
🚫 About Short Positions:
Technically, you could short a breakdown from the range, but I won’t be taking any short setups here. I’m focused purely on the long side for now.
📝 Summary:
❌ No trades inside the range box
✅ Long entry on 0.45 resistance break
🎯 Targeting the upper trendline
🧠 If the trendline gives a weak rejection → keep the trade open
🚫 Ignoring short opportunities
📌 Got a coin in mind? Drop it in the comments and I’ll analyze it for you.
⚠️ Without proper risk management, you're just a ticking time bomb.
Nifty Intraday Analysis for 05th June 2025NSE:NIFTY
Index has resistance near 24800 - 24850 range and if index crosses and sustains above this level then may reach near 25000 – 25050 range.
Nifty has immediate support near 24500 – 24450 range and if this support is broken then index may tank near 24300 – 24250 range.
Banknifty Intraday Analysis for 05th June 2025NSE:BANKNIFTY
Index has resistance near 56300 – 56400 range and if index crosses and sustains above this level then may reach near 56800 – 56900 range.
Banknifty has immediate support near 55200 - 55100 range and if this support is broken then index may tank near 54500 - 54400 range.
Finnifty Intraday Analysis for 05th June 2025NSE:CNXFINANCE
Index has resistance near 26500 - 26550 range and if index crosses and sustains above this level then may reach near 26750 - 26800 range.
Finnifty has immediate support near 26050 – 26000 range and if this support is broken then index may tank near 25750 – 25700 range.
Midnifty Intraday Analysis for 05th June 2025NSE:NIFTY_MID_SELECT
Index has immediate resistance near 13000 – 13025 range and if index crosses and sustains above this level then may reach 13200 – 13225 range.
Midnifty has immediate support near 12675 – 12650 range and if this support is broken then index may tank near 12525 – 12500 range.
QUICK HEAL technical analysisQuick Heal Technologies Ltd. (NSE: QUICKHEAL) is currently trading at INR 351.75, reflecting a 23.14% increase. The company specializes in cybersecurity solutions, endpoint protection, and threat intelligence, catering to both enterprise and individual users.
Key Levels
Support Levels: INR 201.40, INR 276.85, INR 326.55
Swing Level: INR 351.75
Possible Upside Levels: INR 677.60, INR 795.20, INR 945.00
Technical Indicators
RSI: The Relative Strength Index (RSI) is at 46.94, indicating neutral momentum. The stock is neither overbought nor oversold, suggesting a consolidation phase.
Volume: Trading volume is 7.65M, reflecting strong investor interest. High volume near critical price levels could confirm breakout potential.
Sector and Market Context
Quick Heal Technologies operates in the cybersecurity and software sector, benefiting from the increasing global demand for digital security solutions due to rising cyber threats and regulatory compliance requirements. The cybersecurity industry remains resilient, with organizations prioritizing investment in advanced security frameworks. However, factors such as competition from global cybersecurity firms, pricing pressures, and evolving technology trends could impact the company’s growth trajectory.
Latest News and Developments
Market Trends: Increased cybersecurity spending in enterprise and government sectors, supporting growth prospects.
Analyst Ratings: Analysts project steady revenue growth, citing rising demand for endpoint security solutions.
Quarterly Results: The company has reported stable earnings, though R&D investments have slightly impacted margins.
Dividend Update: Quick Heal Technologies Ltd. has announced a dividend payout of ₹5 per share, reinforcing investor confidence in its financial position.
Analysis Summary
Quick Heal Technologies Ltd. exhibits neutral-to-bullish technical indicators, with RSI signaling steady positioning and volume trends confirming strong investor interest. Sector tailwinds—such as rising cybersecurity concerns and corporate security investments—support long-term potential, though macroeconomic factors and competitive pressures should be monitored. Investors should watch price movement near swing levels, industry trends, and earnings updates before making strategic decisions.
SWIGGY | Falling Channel Breakout | Good VolumeBased on the images you've uploaded, here's a detailed analysis and summary of the SWIGGY LTD chart:
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### **Chart Pattern and Technical Overview:**
* **Falling Channel:**
The price action was contained in a downward-sloping channel, marked by two yellow trendlines (upper and lower boundaries).
This pattern reflects a period of consolidation within a larger downtrend.
* **Breakout:**
Recently, the price has broken out of this descending channel, closing above the upper trendline around the 335.00 level.
Such a breakout is typically considered bullish, suggesting a potential trend reversal or at least a short-term move to the upside.
* **Volume Confirmation:**
A significant increase in volume accompanied the breakout, confirming the strength of this move.
High volume breakouts generally have a higher probability of sustaining.
* **Price Targets & Measurements:**
* The breakout target is projected based on the height of the channel (approx. 63.65 points).
* Measured breakout target:
$\text{Breakout level (335.00)} + \text{Channel height (63.65)} = 403.50$.
* Current price: 362.75.
* Immediate resistance zone near 403.50.
---
* **Volume:**
* Today’s volume (52.63M) is above the 50-day average (14.02M).
* This indicates strong interest and participation by traders.
---
### **Key Levels:**
✅ Support: **335.00**
✅ Resistance: **403.50**
✅ Low: **297.00**
---
### **Conclusion & Implication:**
The breakout from the falling channel with strong volume suggests a potential bullish continuation towards 403.50, as long as 335.00 holds as support. Watch for further volume spikes and price action near the target zone to determine sustainability.
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BTC Eyes 108800 After Triangle Validation📊 Cycle Structure:
HWC (Higher Wave Cycle): Bullish 🔼
MWC (Middle Wave Cycle): Ranging 🔁
LWC (Lower Wave Cycle): Weak Bearish 🔽
⛔ Note: This analysis is only for traders looking for long positions. If you're aiming for shorts, skip this one — I personally won’t short in this setup.
📐 Market Structure:
Bitcoin is currently forming an Expanding Triangle pattern on the 15-minute chart.
The third touch confirmed the validity of the triangle and triggered a strong bullish reaction, which is a good sign of structure strength.
🎯 Long Triggers & Strategy:
🔹 Trigger #1 (Riskier): Breakout above the descending trendline
⚠️ Not my favorite setup due to its shape, but it's still valid. If you use this trigger, manage your risk tightly.
🔹 Trigger #2 (Preferred): Breakout of 106467 resistance
✅ This level aligns with triangle breakout and offers a cleaner entry with better structure.
📌 Target:
In case of a successful breakout, price could push toward 108800, which is a strong resistance zone and a solid place for partial profit-taking.
📌 If there's a coin or pair you'd like me to analyze, drop it in the comments.
⚠️ Without proper risk management, you're just a ticking time bomb.
— PXA
Nifty Intraday Analysis for 04th June 2025NSE:NIFTY
Index has resistance near 24725 - 24775 range and if index crosses and sustains above this level then may reach near 24950 – 25000 range.
Nifty has immediate support near 24375 – 24325 range and if this support is broken then index may tank near 24125 – 24075 range.
Banknifty Intraday Analysis for 04th June 2025NSE:BANKNIFTY
Index has resistance near 56200 – 56300 range and if index crosses and sustains above this level then may reach near 56700 – 56800 range.
Banknifty has immediate support near 55100 - 55000 range and if this support is broken then index may tank near 54400 - 54300 range.
Finnifty Intraday Analysis for 04th June 2025NSE:CNXFINANCE
Index has resistance near 26500 - 26550 range and if index crosses and sustains above this level then may reach near 26750 - 26800 range.
Finnifty has immediate support near 26050 – 26000 range and if this support is broken then index may tank near 25750 – 25700 range.
Midnifty Intraday Analysis for 04th June 2025NSE:NIFTY_MID_SELECT
Index has immediate resistance near 12850 – 12875 range and if index crosses and sustains above this level then may reach 13075 – 13100 range.
Midnifty has immediate support near 12525 – 12500 range and if this support is broken then index may tank near 12400 – 12375 range.