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Technical Analysis of Pennar Industries LtdAfter a prolonged period of two months characterized by a downward trend, Pennar Industries has recently exhibited bullish momentum with notable breakouts. An analysis of the daily chart reveals a significant trendline breakout, accompanied by increased trading volume, which has facilitated a close above the 50-day EMA. This development is a positive indicator for potential upward movement. Additionally, the RSI has also shown a breakout, moving above the pivotal 50 level, which traditionally signals a shift towards bullish territory. The MACD has provided further confirmation of this bullish sentiment, with a crossover being observed, and the MACD histogram now reflecting positive values. In terms of potential price levels, it is important to note that the stock may encounter resistance around the ₹183 mark, followed by another resistance level at ₹204 . Conversely, strong support is identified at the ₹152 level, which could serve as a safety net for investors in case of price retracement. Disclaimer: The insights provided in this analysis are for informational and educational purposes only and should not be interpreted as financial advice. It is recommended that individuals consult with a qualified financial advisor or conduct their own comprehensive research before making any investment decisions.
NSE:PENINDLong
by NiftyNotion
2
Nifty Intraday Analysis for 27th May 2025NSE:NIFTY Index closed near 25000 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 25000 Strike – 110.46 Lakh 25500 Strike – 66.27 Lakh 25400 Strike – 50.88 Lakh Put Writing 24500 Strike – 104.50 Lakh 25000 Strike – 92.47 Lakh 24800 Strike – 59.56 Lakh Index has resistance near 25200 – 25250 range and if index crosses and sustains above this level then may reach near 25400 – 25450 range. Index has immediate support near 24850 – 24800 range and if this support is broken then index may tank near 24700 – 24650 range.
NSE:NIFTYLong
by RKMAURYA
Banknifty Intraday Analysis for 27th May 2025NSE:BANKNIFTY Index closed near 55570 level and Maximum Call and Put Writing near CMP as below in current monthly contract: Call Writing 56000 Strike – 16.07 Lakh 55500 Strike – 13.52 Lakh 57000 Strike – 13.01 Lakh Put Writing 55000 Strike – 16.65 Lakh 54000 Strike – 14.37 Lakh 55500 Strike – 14.17 Lakh Index has resistance near 56000 – 56100 range and if index crosses and sustains above this level then may reach near 56500 – 56600 range. Index has immediate support near 55000 - 54900 range and if this support is broken then index may tank near 54500 - 54400 range.
NSE:BANKNIFTYLong
by RKMAURYA
Finnifty Intraday Analysis for 27th May 2025NSE:CNXFINANCE Index closed near 26590 level and Maximum Call and Put Writing near CMP as below in current monthly contract: Call Writing 27000 Strike – 1.63 Lakh 26500 Strike – 1.28 Lakh 26700 Strike – 0.86 Lakh Put Writing 26000 Strike – 1.32 Lakh 26300 Strike – 1.02 Lakh 26500 Strike – 0.98 Lakh Index has resistance near 26775 - 26825 range and if index crosses and sustains above this level then may reach near 26975 - 27025 range. Index has immediate support near 26375 – 26325 range and if this support is broken then index may tank near 26125 – 26075 range.
NSE:CNXFINANCELong
by RKMAURYA
Midnifty Intraday Analysis for 27th May 2025NSE:NIFTY_MID_SELECT Index closed near 12655 level and Maximum Call and Put Writing near CMP as below in current monthly contract: Call Writing 13000 Strike – 8.48 Lakh 12800 Strike – 5.19 Lakh 12700 Strike – 4.83 Lakh Put Writing 12500 Strike – 5.19 Lakh 12600 Strike – 4.53 Lakh 12400 Strike – 3.79 Lakh Index has immediate resistance near 12775 – 12825 range and if index crosses and sustains above this level then may reach 12975 – 13025 range. Index has immediate support near 12475 – 12425 range and if this support is broken then index may tank near 12300 – 12250 range.
NSE:NIFTY_MID_SELECTLong
by RKMAURYA
EUR/CHF Technical Outlook – Potential Bullish Reversal Setup📈 Pair: EUR/CHF 📆 Date: May 27, 2025 📊 Timeframe: Daily (D1) 📌 Technical Highlights: 🔹 Current Price: 0.93456 🔹 Key Indicators: 50 EMA (Red): 0.93824 200 EMA (Blue): 0.94342 🧠 Chart Analysis: 🔻 Downtrend Resistance Line: A clear descending trendline is pressing price lower, reinforcing a bearish structure since March. 🟣 Reversal Zone (Support Area): Price is currently hovering just above the marked Reversal Point, a demand zone between 0.93000–0.93400. Historically, this zone has acted as a launch pad for upward momentum. 🟪 Resistance Level: Located around 0.94300–0.94600, this zone is reinforced by the 200 EMA, making it a critical breakout area. A strong bullish close above this region could invalidate the downtrend. 🔄 Two Scenarios to Watch: ✅ Bullish Breakout Scenario: Price may bounce from the reversal zone. A break and retest above the resistance level could lead to bullish continuation toward 0.9500–0.9550. Confirmation above the 200 EMA will add confidence to the breakout. 📈 Potential Buy Entry: On breakout and retest of 0.9450 🎯 Target: 0.9550 🛡️ Stop Loss: Below 0.9320 ❌ Bearish Continuation Scenario: If price fails to hold above the reversal point, sellers may regain control. A breakdown below 0.9300 could trigger further downside toward 0.9200 or lower. 📉 Sell Setup Invalid Until: Price closes below 0.9300 on strong volume. 🧭 Conclusion: This chart suggests a critical decision point for EUR/CHF. A bounce from the reversal zone followed by a confirmed break above resistance could signal the start of a medium-term uptrend. Traders should monitor price action closely for confirmation signals near the trendline and EMA zones. 🚦 Bias: Neutral to Bullish, awaiting confirmation 🧠 Tip: Watch for candlestick patterns (like bullish engulfing or pin bars) near the support zone for early entries.
Long
by MrStellanSight
IRCTC , Looking good ; min 25% Roi ; swing For short term investment ; Leave a " Like If you agree ".👍 . Wait for small retracement & daily candle to close above - "785". Trade carefully untill ENTRY level. . Entry: 785 Target: 850-917-991 sl: 745 major stoploss/ support: 700. . Enter only if market Breaks "Yellow box" mentioned. . . Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency "💹 Refer our old ideas for accuracy rate🧑‍💻 Follow for daily updates👍 . Refer old posted idea attached below.
NSE:IRCTCLong
by TheNuraTrading
Nifty Intraday Analysis for 26th May 2025NSE:NIFTY Index closed near 24855 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 25000 Strike – 79.23 Lakh 25500 Strike – 72.05 Lakh 24900 Strike – 50.54 Lakh Put Writing 24500 Strike – 94.76 Lakh 24800 Strike – 59.20 Lakh 24600 Strike – 56.72 Lakh Index has resistance near 25000 – 25050 range and if index crosses and sustains above this level then may reach near 25200 – 25250 range. Index has immediate support near 24700 – 24650 range and if this support is broken then index may tank near 24500 – 24450 range.
NSE:NIFTY
by RKMAURYA
Banknifty Intraday Analysis for 26th May 2025NSE:BANKNIFTY Index closed near 55400 level and Maximum Call and Put Writing near CMP as below in current monthly contract: Call Writing 55500 Strike – 13.38 Lakh 56000 Strike – 12.94 Lakh 57000 Strike – 10.89 Lakh Put Writing 55000 Strike – 17.60 Lakh 54000 Strike – 14.33 Lakh 55500 Strike – 9.95 Lakh Index has resistance near 55900 – 56000 range and if index crosses and sustains above this level then may reach near 56500 – 56600 range. Index has immediate support near 54700 - 54600 range and if this support is broken then index may tank near 54100 - 54000 range.
NSE:BANKNIFTY
by RKMAURYA
Finnifty Intraday Analysis for 26th May 2025NSE:CNXFINANCE Index closed near 26485 level and Maximum Call and Put Writing near CMP as below in current monthly contract: Call Writing 27000 Strike – 1.96 Lakh 26500 Strike – 1.26 Lakh 26400 Strike – 0.85 Lakh Put Writing 26000 Strike – 1.54 Lakh 26300 Strike – 1.14 Lakh 26200 Strike – 1.09 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 26325 – 26275 range and if this support is broken then index may tank near 26075 – 26025 range.
NSE:CNXFINANCE
by RKMAURYA
Midnifty Intraday Analysis for 26th May 2025NSE:NIFTY_MID_SELECT Index closed near 12590 level and Maximum Call and Put Writing near CMP as below in current monthly contract: Call Writing 13000 Strike – 8.66 Lakh 12500 Strike – 4.68 Lakh 12800 Strike – 4.58 Lakh Put Writing 12500 Strike – 6.18 Lakh 12600 Strike – 4.59 Lakh 12200 Strike – 3.29 Lakh Index has immediate resistance near 12725 – 12775 range and if index crosses and sustains above this level then may reach 12850 – 12900 range. Index has immediate support near 12425 – 12375 range and if this support is broken then index may tank near 12250 – 12200 range.
NSE:NIFTY_MID_SELECT
by RKMAURYA
After the IPO of 2 subsidiaries that B/S might strengthenCanara Bank Subsidiaries Set for IPO; Strategic Moves Strengthen Position There is news that two subsidiaries of Canara Bank — one in mutual funds and the other in insurance — are preparing for Initial Public Offerings (IPOs). In both joint ventures, Canara Bank is expected to be the primary seller, and the proceeds are likely to flow directly to the bank’s balance sheet, strengthening its capital position. Following recent banking sector reforms, Canara Bank has emerged as one of the more robust players among the newly consolidated public sector banks, benefiting from an improved digital banking experience and a healthier loan book. This trend of consolidation and strategic monetisation of assets may pave the way for a select few public sector banks to evolve into financial powerhouses, with well-diversified subsidiaries across mutual funds, insurance, and other financial services. Canara Bank, in particular, appears well-positioned to replicate its quiet but consistent success in equity mutual funds, potentially carving out a niche for itself in the broader financial services landscape.
NSE:CANBKLong
by liondewarangal