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Support and Resistance

BTCUSD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD BTCUSD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
INDEX:BTCUSDLong
by tradergyan01
3M technical analysisStock Overview 3M India Ltd. (NSE: 3MINDIA) is currently priced at INR 30,110.00. The company operates in the industrial sector, providing diversified technology and science solutions across various industries, including healthcare, consumer goods, and safety products. Key Levels Support: 26,281.90, 22,319.85 Upside Swing Zone: 31,501.00, 29,290.80 Possible Upside Levels: 40,292.75, 44,254.80, 49,301.65 Technical Indicators RSI: The Relative Strength Index (RSI) is currently at 49.75, indicating a neutral position. RSI is a momentum oscillator that measures the speed and change of price movements, typically used to identify overbought or oversold conditions. Volume: The volume is 83.04K, which shows the number of shares traded. Volume is a critical indicator of market activity and liquidity, helping to confirm price movements and trends. Sector and Market Context 3M India Ltd. operates within the industrial sector, which has shown resilience and growth potential in recent years. The overall market trends indicate a mixed performance, with some sectors experiencing growth while others face challenges due to economic conditions. The industrial sector, in particular, has benefited from increased demand for technology and science-based solutions, positioning 3M India Ltd. favorably within its market. Risk Considerations Market Conditions: Economic downturns or unfavorable market conditions could negatively impact the stock's performance. Sector-Specific Risks: Changes in regulations, technological advancements, or shifts in consumer demand within the industrial sector could influence the stock's movement. Company-Specific Risks: Operational challenges, supply chain disruptions, or financial performance issues could pose risks to the stock's future performance. Analysis Summary 3M India Ltd. shows a balanced technical outlook with key support and upside levels identified. The RSI indicates a neutral position, suggesting neither overbought nor oversold conditions. The volume reflects healthy market activity. While the industrial sector presents growth opportunities, potential risks from market conditions and sector-specific factors should be considered. Investors should monitor these key levels and indicators to make informed decisions, keeping in mind the broader market and sector context. This analysis provides a comprehensive view of the stock's technical position without making direct buy or sell recommendations.
NSE:3MINDIALong
by TechnicalAnalystSucrit
4
Nifty Intraday Analysis for 30th April 2025NSE:NIFTY Index closed near 24335 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 25500 Strike – 165.15 Lakh 24400 Strike – 155.19 Lakh 25000 Strike – 121.52 Lakh Put Writing 24300 Strike – 122.54 Lakh 24000 Strike – 112.38 Lakh 24200 Strike – 93.15 Lakh Index has resistance near 24500 – 24550 range and if index crosses and sustains above this level then may reach near 24700 – 24750 range. Index has immediate support near 24150 – 24100 range and if this support is broken then index may tank near 23900 – 23850 range.
NSE:NIFTY
by RKMAURYA
Banknifty Intraday Analysis for 30th April 2025NSE:BANKNIFTY Index closed near 55390 level and Maximum Call and Put Writing near CMP as below in April Month contract: Call Writing 55500 Strike – 10.89 Lakh 56000 Strike – 8.37 Lakh 57000 Strike – 8.26 Lakh Put Writing 54000 Strike – 11.95 Lakh 55000 Strike – 9.11 Lakh 55500 Strike – 8.59 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 54900 - 54800 range and if this support is broken then index may tank near 54400 - 54300 range.
NSE:BANKNIFTY
by RKMAURYA
Finnifty Intraday Analysis for 30th April 2025NSE:CNXFINANCE Index closed near 26195 level and Maximum Call and Put Writing near CMP as below in April Month contract: Call Writing 26000 Strike – 0.57 Lakh 26500 Strike – 0.46 Lakh 26400 Strike – 0.35 Lakh Put Writing 26000 Strike – 1.07 Lakh 25500 Strike – 0.50 Lakh 26300 Strike – 0.32 Lakh Index has resistance near 26375 - 26425 range and if index crosses and sustains above this level then may reach near 26600 - 26650 range. Index has immediate support near 26000 – 25950 range and if this support is broken then index may tank near 25825 – 25775 range.
NSE:CNXFINANCE
by RKMAURYA
Midnifty Intraday Analysis for 30th April 2025NSE:NIFTY_MID_SELECT Index closed near 12195 level and Maximum Call and Put Writing near CMP as below in April Month contract: Call Writing 12300 Strike – 2.04 Lakh 12500 Strike – 2.00 Lakh 12200 Strike – 1.85 Lakh Put Writing 12000 Strike – 2.94 Lakh 12200 Strike – 1.63 Lakh 12300 Strike – 1.35 Lakh Index has immediate resistance near 12350 – 12400 range and if index crosses and sustains above this level then may reach 12625 – 12675 range. Index has immediate support near 12050 – 12000 range and if this support is broken then index may tank near 11850 – 11800 range.
NSE:NIFTY_MID_SELECT
by RKMAURYA
PERSISTENT SYSTEMS technical analysisStock Overview: Persistent Systems Ltd. (NSE: PERSISTENT) is currently trading at INR 5,404.00. The company specializes in software product development and technology services, offering solutions in areas such as cloud computing, data analytics, and enterprise software. Key Levels: Support Level: INR 3,993.20 Upside Swing Zone: INR 5,157.40 Possible Upside Levels: INR 6,347.10 INR 6,944.65 INR 7,705.80 Technical Indicators: RSI (Relative Strength Index): The RSI is currently at 50.38, indicating neutral momentum. RSI measures the speed and change of price movements, with values above 70 typically indicating overbought conditions and values below 30 indicating oversold conditions. Volume: The trading volume is 1.34M, providing insight into the strength of price movements. Higher volume often indicates stronger conviction behind price trends, while lower volume may suggest weaker momentum. Sector and Market Context: Persistent Systems Ltd. operates in the technology sector, which has shown resilience and growth potential in recent years. The overall market trends for the technology sector have been positive, driven by increasing demand for digital transformation and technological advancements. However, the sector is also subject to volatility due to rapid changes in technology and market dynamics. Risk Considerations: Market Conditions: The stock's movement may be influenced by broader market conditions, including economic indicators, interest rates, and geopolitical events. Sector-Specific Risks: The technology sector is highly competitive and subject to rapid technological changes, which could impact the company's performance. Company-Specific Risks: Persistent Systems Ltd. may face risks related to its business operations, such as project execution, client concentration, and regulatory changes. Analysis Summary: Persistent Systems Ltd. has maintained stability in its technical indicators, with the RSI reflecting neutral momentum and trading volume suggesting moderate participation. The stock is positioned within a favorable zone that could lead to further movement based on market conditions and sector performance. The broader technology sector remains robust but susceptible to shifts in demand and innovation cycles. Investors should remain mindful of external market influences, sector-specific risks, and company fundamentals when assessing potential opportunities.
NSE:PERSISTENTLong
by TechnicalAnalystSucrit
Nifty Intraday Analysis for 29th April 2025NSE:NIFTY Index closed near 24330 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 25000 Strike – 125.43 Lakh 24500 Strike – 105.99 Lakh 24300 Strike – 64.88 Lakh Put Writing 24000 Strike – 123.69 Lakh 24200 Strike – 80.19 Lakh 24300 Strike – 69.77 Lakh Index has resistance near 24500 – 24550 range and if index crosses and sustains above this level then may reach near 24700 – 24750 range. Index has immediate support near 24150 – 24100 range and if this support is broken then index may tank near 23900 – 23850 range.
NSE:NIFTY
by RKMAURYA
Banknifty Intraday Analysis for 29th April 2025NSE:BANKNIFTY Index closed near 55435 level and Maximum Call and Put Writing near CMP as below in April Month contract: Call Writing 55500 Strike – 10.80 Lakh 55000 Strike – 7.93 Lakh 56000 Strike – 6.75 Lakh Put Writing 54000 Strike – 10.95 Lakh 55000 Strike – 9.60 Lakh 55500 Strike – 9.41 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:BANKNIFTY
by RKMAURYA
Finnifty Intraday Analysis for 29th April 2025NSE:CNXFINANCE Index closed near 26290 level and Maximum Call and Put Writing near CMP as below in April Month contract: Call Writing 26000 Strike – 0.56 Lakh 26500 Strike – 0.48 Lakh 26400 Strike – 0.27 Lakh Put Writing 26000 Strike – 1.05 Lakh 26500 Strike – 0.36 Lakh 26300 Strike – 0.32 Lakh Index has resistance near 26500 - 26550 range and if index crosses and sustains above this level then may reach near 26700 - 26750 range. Index has immediate support near 26050 – 26000 range and if this support is broken then index may tank near 25850 – 25800 range.
NSE:CNXFINANCE
by RKMAURYA
Midnifty Intraday Analysis for 29th April 2025NSE:NIFTY_MID_SELECT Index closed near 12200 level and Maximum Call and Put Writing near CMP as below in April Month contract: Call Writing 12500 Strike – 1.93 Lakh 12200 Strike – 1.87 Lakh 12000 Strike – 1.79 Lakh Put Writing 12000 Strike – 2.84 Lakh 12200 Strike – 1.22 Lakh 12100 Strike – 1.04 Lakh Index has immediate resistance near 12350 – 12400 range and if index crosses and sustains above this level then may reach 12625 – 12675 range. Index has immediate support near 12050 – 12000 range and if this support is broken then index may tank near 11850 – 11800 range.
NSE:NIFTY_MID_SELECT
by RKMAURYA
Textbook Price Action - Nifty iT Hey fellow traders and chart enthusiasts, Here’s a fresh breakdown of the Nifty IT Index, which is currently at a make or break zone after a significant correction of almost 30%. So we can see the index recently broke a strong demand zone 33400 to 32400 which I marked now as a resistance and this breakdown came with strong bearish momentum which shouldn't be ignored and after we are seeing a classic example where price is testing a resistance zone which earlier was a support zone. Let's zoom what daily chart say ? So please check the inserted snapshot in inset where we are seeing a tight consolidation just below the resistance zone where price is hesitating and a small bullish bounce is underway but there is no follow through so far. Levels to watch-: Resistance zone- 32400 To 33400. Support zone- 27500 to 26500. Invalidation for Bears- Weekly and daily close above 33400. So basically i prepare two trading scenes sharing below. Bearish Continuation-: Failure to reclaim resistance after this or next rejection will likely lead to another leg down, possibly testing the next support area near 27500 to 26500. Bullish reclaim-: If buyers push the price back above 33400 with bullish strength and conviction, we may see a relief rally toward 36000 and beyond and that would invalidate the current bearish structure for some time. This Publication is meant for only learning purpose. Hope you like the idea, thanks in advance for your coming support.
NSE:CNXIT
by AMIT-RAJAN
5
PNB Housing: tested resistance zone & taking supportPNB Housing: tested resistance zone & taking support. Resistance zone at 1015-1040 & next at 1060/1148. Supports at 967/925. Tomorrows move will decide the direction based on todays results. 📊 PNB Housing Finance Ltd || Q4 FY25 Results ➡️ Revenue from Operations ₹2,021.85 crore (QoQ: +4.1%, YoY: +11.7%) ➡️ Profit Before Tax (PBT) ₹711.21 crore (QoQ: +15.5%, YoY: +27.1%) ➡️ Net Profit (PAT) ₹550.38 crore (QoQ: +13.9%, YoY: +25.3%) ➡️ Earnings Per Share (EPS) ₹21.18 (QoQ: +13.9%, YoY: +25.3%) 🔹 Overall Verdict: Blockbuster ➤ Strong double-digit growth across revenue, PBT, and PAT with operating leverage benefits clearly visible. 🔍 What the Numbers Say 🔹 Revenue Performance ➤ Growth was led by a steady rise in interest income (+12.6% YoY) and a healthy jump in fee & commission income (+1.3% YoY). Fair value gains were lower YoY but not materially impactful. 🔹 Profitability Insights ➤ Strong PBT expansion aided by lower impairments (recoveries and write-backs), with total impairment reversals of ₹64.83 crore this quarter (versus a provision last year). Core spreads and margins appear stable. 🔹 Cost & Efficiency ➤ Finance costs were up YoY (+10.1%) but well absorbed by revenue growth. Operating expenses (employee + others) grew moderately (+13-14% YoY), indicating decent cost control. 🔹 Strategic / Operational Highlights ➤ Final dividend of ₹5 per share announced for FY25. ➤ Significant strengthening of balance sheet (Net Worth: ₹16,863 crore; GNPA reduced to 1.08%, NNPA at 0.69%). ➤ Improved asset quality and reduced stress resolution portfolio under COVID restructuring.
NSE:PNBHOUSINGLong
by Pratik_SmartEye
DeGRAM | GOLD Held Support Level📊 Technical Analysis Gold’s slide paused at $3 315; holding here keeps $3 500 – 3 520 in play. 💡 Fundamental Analysis • PBoC has been buying for 5 months in a row. • WGC expects strong demand from central banks in 2025. • Trade wars, tensions in the Middle East and South Asia are causing risks that are increasing demand for gold. • IMF warns new tariffs could slow growth, boosting safe-haven bids. • Western ETFs had bought ≈240 t by mid-April. • DXY is at 3-year lows and yields are down. ✨ Summary Strong central-bank buying, renewed ETF inflows, softer USD yields and rising geopolitical risk align with chart support, favouring a rebound toward $3 500 – 3 520 while $3 315 holds. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
FX:XAUUSDLong
by DeGRAM
1
ATUL technical analysisStock Overview: ATUL LTD, listed on the NSE, is currently priced at INR 6,500.00. The company specializes in manufacturing chemicals across diversified industries such as agriculture, pharmaceuticals, and textiles, with a strong focus on innovative solutions. Key Levels: Support: 4,645 - 5,996 Upside swing zone: 6219 - 7126 Possible upside levels: 9724, 11076, 12979 Technical Indicators: RSI (Relative Strength Index): At 47.21, the RSI shows a neutral momentum, indicating that the stock is neither overbought nor oversold. This suggests balanced sentiment without immediate direction bias. Volume: The current trading volume stands at 3.33M, demonstrating a notable surge compared to previous levels. Sector and Market Context: ATUL LTD operates in the chemical sector, which has exhibited steady growth amid economic uncertainties, benefiting from surging demand in industries like pharmaceuticals and agriculture. The company's diversified product portfolio positions it well to tap into such growing markets. However, broader market trends are mixed, with global geopolitical tensions and supply chain challenges influencing sector stability. Despite these factors, ATUL LTD has maintained a consistent performance trajectory, leveraging strong fundamentals and market adaptability. Risk Considerations: Sector-Specific Risks: Fluctuations in raw material costs and stringent regulatory changes could impact profitability. Company-Specific Risks: Operational inefficiencies, competitive pressures, and management decisions remain key considerations affecting stock performance. Analysis Summary: ATUL LTD presents an intriguing case in the chemical sector with well-defined support and upside levels, signaling a balanced technical setup. While the broader chemical sector and market trends provide room for optimism, investors should carefully evaluate potential risks, including regulatory changes and market conditions.
NSE:ATULLong
by TechnicalAnalystSucrit