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NIFTY : Trading Levels and Plan for 09-may-2025📊 Nifty Trading Plan for 09-May-2025 Timeframe: 15-Min | Previous Close (Approx.): 24,153.20 🔎 Key Technical Levels to Watch: 🔴 Opening Resistance: 24,290 🟧 Opening Support / Pivot Zone: 24,115 – 24,147 🟩 Immediate Support Zone: 24,000 – 24,032 🟦 Last Intraday Support Zone: 23,679 – 23,769 🟢 Major Support Level (Further Down): 23,191 📌 Sideways Resistance Zone (Higher Resistance): 24,434 – 24,480 🟢 1. Gap-Up Opening (📈 Opening above 24,253 — Gap of 100+ Points) If Nifty opens significantly above 24,253, it will likely be challenging the Opening Resistance level of 24,290 from the start. A gap of this nature indicates strong initial buying interest.   ✅ Plan of Action:   - If Nifty opens and sustains above 24,290, the initial move might extend towards the Sideways Resistance Zone (Higher Resistance) of 24,434 – 24,480.   - Educational Insight: When a gap up occurs directly into a resistance level (like 24,290), it's crucial to observe the first 15-30 minutes. Look for either:    - Continuation: Strong bullish candles breaking above 24,290 with good volume, confirming buyer strength. In this case, longs can be considered with a stop-loss below the opening range low, targeting 24,434.    - Rejection: If Nifty struggles at 24,290 or shows signs of weakness (e.g., long upper wicks, bearish engulfing patterns on the 15-min chart), it could be a sign of profit-booking or sellers stepping in. Shorts could be initiated below 24,250 (confirming the gap fill has started) for targets of 24,147 and then the Immediate Support Zone of 24,000 – 24,032.   - Avoid chasing the gap immediately. Wait for price to settle and provide a clear signal. A retest of the breakout level (24,290 if breached) from above would offer a better risk-reward entry for longs. 🟡 2. Flat Opening (🔄 Between 24,053 – 24,253) A flat opening, likely within the range of the Opening Support / Pivot Zone (24,115 – 24,147) and the Opening Resistance (24,290), suggests initial indecision. The previous close of ~24,153 falls into this scenario.   ✅ Plan of Action:   - The zone of 24,115 – 24,147 will be key.    - Bullish View: If Nifty holds above 24,147 and shows strength, longs can be initiated for a target of the Opening Resistance at 24,290. A convincing break above 24,290 could then target the Sideways Resistance Zone of 24,434 – 24,480.    - Bearish View: If Nifty breaks below 24,115 and sustains, it would indicate weakness. Shorts can be considered with targets at the Immediate Support Zone of 24,000 – 24,032.   - Educational Insight: Flat openings often lead to range-bound behavior initially. It's wise to wait for a breakout from the first 30-60 minutes range. Trading within the range can be risky unless clear support/resistance flips are observed on smaller timeframes. The direction of the break from this initial balance will likely set the tone for a significant portion of the session. 🔴 3. Gap-Down Opening (📉 Opening below 24,053 — Gap of 100+ Points) A gap-down opening below 24,053 would mean Nifty is opening near or below the Immediate Support Zone of 24,000 – 24,032. This indicates significant selling pressure from the outset.   ✅ Plan of Action:   - If Nifty opens below 24,032, watch how it reacts to this level.    - Potential Reversal: If the market finds support around 24,000 – 24,032 (e.g., forms a hammer, bullish engulfing, or double bottom on the 15-min chart), a bounce-back towards the gap-fill (towards 24,115 – 24,147) can be anticipated. Longs can be taken with strict stop-loss below the day's low.    - Continuation of Selling: If Nifty decisively breaks below 24,000 and sustains, further selling pressure can drag it towards the Last Intraday Support Zone of 23,679 – 23,769. In this case, short positions can be considered on a pullback to the breakdown level (around 24,000) or on continuation patterns.   - Educational Insight: Large gap downs can sometimes lead to sharp, short-covering rallies if they land in a strong support area. However, it's crucial not to try and "catch a falling knife." Wait for the price to stabilize and show signs of reversal (like a clear basing pattern or bullish candle formations) before considering long trades. If selling momentum is strong, attempting to go long too early can lead to quick losses. 💡 Risk Management Tips for Options Trading: 📏 Position Sizing is Key: Never allocate more than a small percentage of your trading capital (e.g., 1-2%) to a single trade. This helps in surviving drawdowns. 🎯 Define Stop-Loss Before Entry: For option buyers, this could be a percentage of premium (e.g., 20-30%) or based on the underlying spot Nifty level. For sellers, define the maximum acceptable loss or the spot level at which you'll exit. ⏳ Be Mindful of Time Decay (Theta): Especially when buying options, time decay accelerates as expiry approaches. Avoid holding onto losing OTM (Out-of-the-Money) options for too long, hoping for a turnaround. 🛡️ Consider Hedging for Volatility: If volatility is expected to be high or if you are unsure of the direction, consider strategies like spreads (bull call spread, bear put spread) or iron condors to limit risk. 💨 Don't Fight Strong Momentum: If the market is trending strongly, trading against the trend (e.g., buying puts in a strong uptrend) is generally a lower probability trade for option buyers unless a clear reversal is confirmed. 📖 Understand Option Greeks: A basic understanding of Delta, Gamma, Theta, and Vega can significantly improve your decision-making in options trading. 📌 Summary & Conclusion: Nifty stands at a point where the immediate direction will be heavily influenced by the opening. The pivot zone around 24,115 – 24,147 is crucial for flat openings. For Gap-Up openings , the ability to conquer and hold above 24,290 will be tested, with 24,434 – 24,480 as the next target. Failure could lead to a gap fill. For Flat opens , range-bound action between 24,032 and 24,290 is possible initially. A breakout from this range will offer clearer directional cues. For Gap-Downs , the 24,000 – 24,032 support zone is critical. A hold could offer a bounce, while a break could accelerate selling towards 23,679 – 23,769. Always prioritize setups that offer good risk-reward ratios, wait for confirmation, and manage your risk diligently. 📢 Disclaimer: I am not a SEBI-registered analyst. The above trading plan is intended purely for educational and informational purposes. It is based on technical analysis of the provided chart and should not be construed as financial advice. Trading in the stock market involves significant risk, and you may lose money. Please consult with your financial advisor before making any trading or investment decisions.
NSE:NIFTYShort
by LiveTradingBox
BANKNIFTY : Trading levels and Plan for 09-May-2025📅 Bank Nifty Trading Plan for 09-May-2025 🕘 Timeframe: 15-minute chart 📊 Structure Analysis: Bearish price action observed with a sharp sell-off post resistance test. Price is currently below both the 9-EMA and major resistance levels. Opening Scenarios: 📈📉 🔺 Gap-Up Opening (200+ points above previous close): Potential open above 54,350     If Bank Nifty opens with a gap-up above the Opening Resistance (54,358) , the index may test the next resistance at 54,635 (Last Intraday Resistance) . However, since the broader structure is weak, aggressive longs should only be considered if the price sustains above 54,635 with strong volume confirmation. ✅ Action Plan: Wait for 15–30 minutes for price stabilization. If price sustains above 54,635, consider CE options with a tight SL below 54,500. If the gap-up gets sold off and the index trades below 54,358 again, look for PE opportunities targeting 54,100–54,000 levels. 📌 Avoid chasing the open blindly. Wait for a clear breakout-retest pattern for confirmation.     ➖ Flat Opening (within ±200 points): Near 54,100     A flat opening near the CMP of 54,141 places the index right between major resistance and a key support zone. It could be a volatile zone with whipsaws on both sides. ✅ Action Plan: Observe price behavior near 54,358 . A rejection at this level can lead to selling pressure toward the Green Support Zone (53,685–53,845) . A breakout and hold above 54,358 could lead to a rally toward 54,635. Ideal play here is range-based trading : Buy near support (if price confirms reversal), Sell near resistance. 💡 Use options with delta closer to 0.5 for better reward if price remains rangebound.     🔻 Gap-Down Opening (200+ points below previous close): Below 53,900     A gap-down near or below the Opening Support Zone (53,685–53,845) suggests bearish continuation. If this zone fails to hold, the index could slide toward the next support at 53,127 . ✅ Action Plan: Watch for reversal patterns in the support zone (e.g., hammer candle, bullish engulfing). If reversal is confirmed, consider aggressive CE trades with a SL just below 53,685. If 53,685 breaks decisively, ride the trend using PE options, targeting 53,127. Do not attempt to catch the falling knife unless clear bullish patterns form. 📛 Protect capital by avoiding counter-trend trades in panic selling. 🛡️ Risk Management Tips for Options Traders 💡 Always use defined stop-loss , especially when trading naked options. 💰 Do not risk more than 2% of your capital per trade . 📅 Avoid holding weekly options till expiry if VIX is rising – time decay and volatility swings can hurt. 📉 Avoid averaging losers – better to re-enter on confirmation. 🔎 Use OI data and volume breakouts to time entries on options. 📌 Summary & Key Levels to Watch: 🔺 Major Resistance Zones: 54,358 → 54,635 🟩 Support Zone: 53,685–53,845 🔻 Breakdown Level: Below 53,685 may trigger a fall toward 53,127 📍 CMP: 54,141.75 – stuck in a volatile zone, so direction will likely emerge after 15–30 min of opening. 📢 Disclaimer: I am not a SEBI-registered analyst . This analysis is shared for educational purposes only. Please do your own research or consult a financial advisor before making any trading decisions
NSE:BANKNIFTYShort
by LiveTradingBox
HDFC Bank Ltd // 4hour Support and ResistanceAs of May 8, 2025, here are the key 4-hour support and resistance levels for HDFC Bank Ltd (NSE: HDFCBANK), based on recent technical analyses and pivot point calculations: 📊 Key Support & Resistance Levels Immediate Support: ₹1,891.80 Immediate Resistance: ₹1,933.00 Current Market Price (CMP): ₹1,917.70 A sustained move above ₹1,933 may open room for further upside, potentially towards the ₹1,960–₹1,980 range, as per chart projections. 🔁 Pivot Point Levels (Daily) Pivot Type Support Levels Resistance Levels Classic S1: ₹1,938.90S2: ₹1,929.10S3: ₹1,912.60 R1: ₹1,965.20R2: ₹1,981.70R3: ₹1,991.50 Fibonacci S1: ₹1,938.90S2: ₹1,928.85S3: ₹1,912.60 R1: ₹1,955.15R2: ₹1,965.20R3: ₹1,981.70 Camarilla S1: ₹1,943.19S2: ₹1,940.78S3: ₹1,938.37 R1: ₹1,948.01R2: ₹1,950.42R3: ₹1,952.83 Woodie S1: ₹1,940.57S2: ₹1,932.45 R1: ₹1,958.75R2: ₹1,966.87 Demark S1: ₹1,934.00 R1: ₹1,960.30 📈 Technical Indicators Relative Strength Index (RSI): 72.46 (Strong Uptrend) Stochastic RSI: 0.92 (Strong Uptrend) Commodity Channel Index (CCI): 130.18 (Strong Uptrend) Money Flow Index (MFI): 86.61 (Strong Uptrend) These indicators suggest a strong bullish momentum, indicating potential upward movement if buying interest continues. 📌 Trading Insights Bullish Scenario: A decisive breakout above ₹1,933 could lead to a rally towards ₹1,960–₹1,980. Bearish Scenario: If the price falls below ₹1,891.80, it may test lower support levels around ₹1,870.69. Neutral Zone: The area between ₹1,891.80 and ₹1,933 is critical; price action within this range may indicate consolidation before the next significant move.
NSE:HDFCBANK
by TechnicalExpress
APL (APOLLO TUBES LTD)As of May 6, 2025, here are the key intraday support and resistance levels for APL Apollo Tubes Ltd (NSE: APLAPOLLO): 📊 Intraday Support & Resistance Levels Standard Pivot Points: Support Levels: S1: ₹1614.17 S2: ₹1599.23 S3: ₹1580.17 Resistance Levels: R1: ₹1648.17 R2: ₹1667.23 R3: ₹1682.17 Fibonacci Pivot Points: Support Levels: S1: ₹1614.17 S2: ₹1601.18 S3: ₹1593.15 Resistance Levels: R1: ₹1635.18 R2: ₹1648.17 R3: ₹1656.20 Camarilla Pivot Points: Support Levels: S1: ₹1615.18 S2: ₹1612.07 S3: ₹1608.95 Resistance Levels: R1: ₹1621.42 R2: ₹1624.53 R3: ₹1627.65 The current price of APL Apollo Tubes Ltd is trading above the Camarilla R3 and Fibonacci R1 levels, indicating strong bullish momentum. Traders may consider these levels for potential entry or exit points, keeping in mind that surpassing the R3 levels could suggest overbought conditions, while approaching S1 or S2 levels might indicate potential support zones.
NSE:APLAPOLLOLong
by TechnicalExpress
BHEL (Bharat Heavy Electricals Ltd)STOCK BREAKOUT STOCK: Bharat Heavy Electricals Ltd (BHEL) CMP: 225 KEEP SUPPORT : 220 TARGET: 235. In the latest short-term technical analysis, Bhel has shown a strong and consistent bullish trend, indicating the potential for an extended upward move. The stock is currently trading at *225 and holding above a key support level at *220. This support zone serves as a critical point for risk management. → Given the bullish momentum, traders are advised to consider a buying opportunity with a stop-loss placed strategically at *220 to manage downside risk. The target for this trade is set at *235, suggesting a favorable risk-to-reward ratio and a continuation of the prevailing upward trend.
BSE:BHELLong
by TechnicalExpress
Nifty Bank Index As of May 8, 2025, here are the key intraday support and resistance levels for the Nifty Bank Index (BANKNIFTY), based on various pivot point calculations: 📊 Intraday Support & Resistance Levels Pivot Type Support Levels Resistance Levels Classic S1: 54,125.76S2: 53,640.63S3: 53,361.36 R1: 54,890.16R2: 55,169.43R3: 55,654.56 Fibonacci S1: 54,113.03S2: 53,932.63S3: 53,640.63 R1: 54,697.03R2: 54,877.43R3: 55,169.43 Camarilla S1: 54,540.83S2: 54,470.76S3: 54,400.69 R1: 54,680.97R2: 54,751.04R3: 54,821.11 Woodie S1: 54,228.70S2: 53,692.10 R1: 54,993.10R2: 55,220.90 Demark S1: 54,265.40 R1: 55,029.80 Note: The central pivot point (PP) across these methods is approximately 54,405.03.h 🔍 Observations Immediate Support: The 54,000–54,200 range is a crucial support zone. A breach below this could indicate a bearish trend. Immediate Resistance: The 54,800–55,200 range serves as a significant resistance area. Sustained trading above this may suggest bullish momentum. Technical Indicators: The Relative Strength Index (RSI) for Nifty Bank is currently in the neutral zone (45–55), indicating a balanced market without a clear bullish or bearish bias. 📈 Trading Strategy Tips Bullish Scenario: If the index maintains levels above 54,800, it may target the 55,200–55,650 range. Bearish Scenario: A drop below 54,000 could lead to further declines toward 53,600 or lower. Neutral/Bounce Zone: The area between 54,400 and 54,700 is pivotal. Monitoring price action here can provide insights into potential breakouts or reversals
NSE:BANKNIFTY
by TechnicalExpress
NIFTY : Trading Levels and Plan for 08-May-2025📊 Nifty 50 Trading Plan for 8-May-2025 Timeframe: 15-Min | Previous Close: 24,409.30 🔎 Key Technical Levels to Watch: 🔴 Opening Resistance: 24,511 🟧 Opening Resistance / Support: 24,409 🟩 Support Zone: 24,320 – 24,280 🟦 Last Intraday Support: 24,179 🟢 Major Support Level: 24,073 📌 Sideways Resistance Zone: 24,586 – 24,634 🟢 1. Gap-Up Opening (📈 Opening above 24,509 — Gap of 100+ Points) If Nifty opens above 24,509, it is entering the Opening Resistance Zone . A strong open near or within 24,586 – 24,634 (marked as Sideways Resistance) needs cautious handling.   ✅ Plan of Action:   - Avoid chasing longs immediately into this resistance zone.   - Wait for the first 15–30 minutes to observe whether buyers sustain above 24,586.   - If price consolidates above 24,586 and gives a breakout with volume, it may test higher levels intraday.   - However, if price faces rejection (like long upper wicks or bearish engulfing candles), initiate shorts below 24,511 for targets of 24,409 and possibly 24,320 – 24,280.   📝 Educational Insight: Gap-up openings into resistance zones often trap late buyers. Wait for confirmation in the form of retests or strong follow-through candles before taking trades. 🟡 2. Flat Opening (🔄 Between 24,309 – 24,509) If Nifty opens flat near 24,409 (previous close), the market will likely consolidate in the initial minutes.   ✅ Plan of Action:   - Observe the price action within the first 15-minute candle.   - If price sustains above 24,409, look for a move toward 24,511. A breakout above that may attempt to test the 24,586 – 24,634 resistance zone.   - On the downside, if price breaks and sustains below 24,320, expect selling pressure towards 24,179.   - Be flexible and neutral at open. Let the initial 30-minute range define the trend.   📝 Educational Insight: Flat opens offer great opportunity to play breakout/breakdown setups. Wait for a strong directional move from the initial balance zone before entering trades. 🔴 3. Gap-Down Opening (📉 Opening below 24,309 — Gap of 100+ Points) A gap-down open below 24,309, especially near or under the support zone of 24,320 – 24,280, demands caution and strategic planning.   ✅ Plan of Action:   - If the price opens around 24,280 – 24,179 zone, check for immediate bounce or sideways consolidation.   - A bullish reversal candle (hammer, bullish engulfing) around this zone can lead to a bounce back towards 24,409.   - However, if price breaks 24,179 decisively, and a 15-min candle closes below it, a quick slide towards 24,073 is likely.   - Do not catch falling knives—wait for a retest or formation of a base.   📝 Educational Insight: Gap-downs often create panic, but they also offer the best risk-reward trades if reversal patterns form near strong support zones. Let the market show you the strength. 💡 Risk Management Tips for Options Trading: 📏 Size your positions properly: Never risk more than 1–2% of your capital in one trade. 🕒 Time your trades: Avoid aggressive buying post 11:30 AM unless clear direction emerges. 📉 Avoid averaging losing positions in options; take the SL and re-enter with structure confirmation. 🛠️ Prefer hedged strategies like spreads or iron condors if volatility is high. 🔁 Use time-based exits (e.g., square off by 3:00 PM if momentum stalls). 📌 Summary & Conclusion: Nifty is at a critical juncture with clear supply at 24,511 – 24,634 and support at 24,320 – 24,073. For Gap-Up openings , caution near resistance is key—wait for breakout confirmation. For Flat opens , let the range develop before breakout trades. For Gap-Downs , avoid emotional trades—wait for proper reversal signals near 24,179 or 24,073. Focus on quality setups, defined risk, and disciplined exits. 📢 Disclaimer: I am not a SEBI-registered analyst. The above trading plan is intended purely for educational purposes. Please consult with your financial advisor before taking any trading or investment decisions.
NSE:NIFTY
by LiveTradingBox
BANKNIFTY : Trading Levels and Plan for 08-May-2025📊 Bank Nifty Trading Plan for 8-May-2025 Timeframe: 15-Min | Previous Close: 54,628.30 📍 Key Technical Levels to Monitor: 🔴 Last Intraday Resistance: 55,316 🟥 Opening Resistance Zone: 54,915 – 55,017 🟧 Opening Support/Resistance Level: 54,605 🟦 Minor Support: 54,444 🟩 Last Intraday Support: 54,094 🟢 Major Support Zone: 53,685 🟢 1. Gap-Up Opening (📈 200+ Points Up, i.e., Opening above 54,800) If Bank Nifty opens above 54,800, ideally near or within the Opening Resistance Zone (54,915–55,017):   ✅ Plan of Action:   - Wait for the first 15–30 mins to let market structure evolve; avoid impulsive trades.   - If price sustains above 55,017 with a strong 15-min bullish candle, potential upside towards 55,316 may open up.   - A pullback entry near 55,000 can be attempted if bullish structure is maintained, with SL below 54,915.   - However, if price shows strong rejection (long wicks, bearish engulfing) in this zone, short trades can be taken for a retest of 54,605 and possibly 54,444.   📝 Educational Insight: Opening into resistance zones often creates traps—watch for confirmation before jumping in. Always trade post-retest or breakout.             🟡 2. Flat Opening (📉📈 Between 54,428 – 54,828) If Bank Nifty opens around the previous close (±200 points), i.e., between 54,428 – 54,828:   ✅ Plan of Action:   - First 30-minute range will be crucial. Mark its high and low to define breakout zones.   - Sustained price above 54,605 opens the path towards 54,915. Breakout above that leads to 55,316.   - On the downside, if price slips below 54,444, look for short entries with SL above 54,605 and targets around 54,094 or even 53,685 on momentum.   - False breakouts are common during flat opens—validate breakout with volume and follow-up candles.   📝 Educational Insight: Flat opens are best traded using "break of initial balance" logic. Avoid bias—let the price give the clue.             🔴 3. Gap-Down Opening (📉 200+ Points Down, i.e., Opening below 54,400) If Bank Nifty opens below 54,400, especially near or below the Last Intraday Support (54,094):   ✅ Plan of Action:   - Watch for reaction at 54,094. If the index holds and forms a base, intraday reversal trades toward 54,444 can be considered.   - If support fails and a 15-min candle closes below 54,094, initiate short positions targeting 53,685 (major support zone).   - Avoid long trades unless a bullish reversal pattern (like double bottom or hammer) is confirmed with volume.   📝 Educational Insight: Gap-downs below structure support often induce panic selling. But remember—sharp gaps can also reverse sharply, so let price action confirm before acting.             🛡️ Options Trading Risk Management Tips: 📏 Position sizing is key: Risk only 1–2% of capital on a single trade. 🔒 Avoid naked option buying post 11:00 AM unless clear trend develops. 🛠️ Use hedged strategies like Bull Call Spreads or Bear Put Spreads to manage theta decay. ⏳ Always set a time-based stop-loss (e.g., exit by 2:30 PM if target isn’t hit). 📉 Don’t average losers. Accept SL and re-enter only when structure rebuilds. 📌 Summary & Conclusion: Bank Nifty is positioned at a critical juncture, with 54,915–55,017 acting as immediate resistance and 54,094–53,685 as layered support. For Gap-Up openings , focus on resistance reaction near 55,000+. For Flat opens , the first 30-minute range will act as the trade zone. For Gap-Down scenarios , respect the support zone near 54,094 and look for confirmation before catching falling knives. Stick to risk-defined strategies in options to protect capital and stay in the game longer. 📢 Disclaimer: I am not a SEBI-registered analyst. The above analysis is shared purely for educational purposes. Please consult your financial advisor before making any trading or investment decisions.
NSE:BANKNIFTYShort
by LiveTradingBox
AUDNZD 2H Chart Analysis – Trendline Break + Supply Zone Rejecti🧾 Market Context: Pair: AUDNZD Timeframe: 2H (2-Hour) Overall Bias: Bearish Setup Type: Trendline Break → Lower High Formation → Supply Zone Retest → Bearish Continuation 📊 Technical Breakdown: 🔸 1. Trendline Break: A steep ascending trendline has been broken decisively, marking a clear end of bullish structure. This shift indicates that buyers have lost control and bears are stepping in. 🔸 2. Retest of Supply Zone (Breaker Block): After breaking the trendline, price retraced into a supply zone (highlighted in grey). This zone also acts as a breaker block – price broke support, and now it’s acting as resistance. Rejection from this area confirms institutional selling pressure. 🔸 3. Lower High Formation: The price failed to break back above the supply zone, forming a lower high, which is a classic bearish market structure signal. Trendline retest + supply zone rejection together give confluence. 🔸 4. Bearish Projection Path: Your chart outlines a clear path of expected price movement: Minor bounce from intermediate demand (1.0780–1.0790) Continuation downward toward final target zone at 1.0650–1.0660 🔽 Entry & Trade Plan: Parameter Details Entry Area 1.0820 – 1.0840 (confirmed rejection) Stop Loss Above 1.0855 (above the supply zone high) Target 1 1.0770 – 1.0780 (intermediate demand zone) Target 2 1.0650 – 1.0660 (major demand zone) RR Ratio Around 1:3 to 1:4 depending on entry ✅ Bearish Confluences: ✅ Trendline break + retest ✅ Supply zone rejection ✅ Lower high formation ✅ Bearish engulfing candle post-retest ✅ Clear break of structure (BOS) ✅ Liquidity sweep above previous high before dumping ⚠️ Invalidation Criteria: If price closes above 1.0855 on a 2H/4H candle, it invalidates the bearish setup. In that case, reanalyze for potential continuation or false breakout. 📈 Visualization Path: 🔹 Current price is consolidating slightly below the retest zone. 🔹 You anticipate a drop to intermediate support, possible small bounce, then continuation to major target. 🧠 Professional Summary: This is a textbook bearish trend reversal setup: Break of bullish trendline Supply zone retest and rejection Structure shift to lower lows/lower highs Bearish order flow developing If momentum follows through, your TP at 1.0650 is very realistic.
Long
by Trade_With_Niraj
STAY AWAY FROM LIC HOUSING FINANCELIC Housing Finance is in down trend since July 2024. It has form a downward sloping triangle. we are in Big Wave E of a triangle and we are going to see one more triangle within a triangle, Once the small triangle which is forming in last leg of E is completed we will see uptrend, but the confirmation will come only after we close successfully above 600. Remember Stock movement is not linear, what that means is after the cross over above 600 we will see a pullback which will be the time to go long, till then need to keep patience. Disclaimer: This Idea is for educational purpose only and its not a buy or sell recommendation. you guys do your own analysis and decide.
NSE:LICHSGFIN
by Swiftstrike
RELIANCE INDUSTRIES IN LAST LEG OF CORRECTION ??Reliance Industries has seen a lot in last few months. Its time for Reliance industries to complete its last leg of correction and then resume its upward journey. 2 possibilities in last leg of correction. 1) It can be an impulsive move which will be in 1-2-3-4-5, which will be overall Wave C 2) It could be a triangle in which case the downfall and so the correction will be limited but boring. Check out my previous chart on Reliance Industries.
NSE:RELIANCE
by Swiftstrike
ADITYA BIRLA CAPITAL LTD Company Name: Aditya Birla Capital Ltd (NSE: ABCAPITAL) Sector: Financial Services Market Cap: Large Cap | ~₹53,000 Cr Headquarters: Mumbai, India Parent Group: Aditya Birla Group 🧾 Business Overview: Aditya Birla Capital is a diversified financial services player offering a wide range of solutions across: Lending: Personal, SME, and housing loans through Aditya Birla Finance Asset Management: One of India's top AMC players via joint venture with Sun Life Insurance: Life and health insurance products Wealth & Broking: Wealth management, equity broking, and portfolio management services 💼 Key Strengths: Strong backing of Aditya Birla Group Wide distribution network across India Growing AUM and diversified revenue streams Focus on digital and retail loan expansion 📊 Stock Insight: NSE Symbol: ABCAPITAL 52-Week Range: ₹153 – ₹225 Trend: Medium-term bullish with support near ₹209 Support and Resistance Levels (Intraday – 15M): Immediate Resistance: ₹215.50 (Price tested this level twice, indicating strong short-term selling pressure.) Next Resistance: ₹218.20 (Gap-fill zone; breakout above this may trigger momentum buying.) Immediate Support: ₹211.70 (Recent bounce zone and short-term base.) Strong Support: ₹209.50 (Multiple rejections below this level; buyers likely to defend.) Trend Insight: Price is consolidating in a narrow range between ₹211.70 and ₹215.50. A breakout above or below this band may set the next directional move.
NSE:ABCAPITALShort
by TechnicalExpress
KPR MILL LTD KPR MILL LTD – 1-Day Chart Support & Resistance Support and Resistance Levels (Daily Timeframe): Immediate Resistance: ₹810 (Recent swing high; needs breakout for bullish continuation) Major Resistance: ₹835 (Multi-month resistance zone; breakout can lead to a strong rally) Immediate Support: ₹770 (Recent consolidation base; key for trend sustainability) Strong Support: ₹745 (Previous breakout level and demand zone) Trend Insight: KPR Mill is in a medium-term uptrend, but facing consolidation near ₹810. A sustained close above ₹810 may trigger momentum, while ₹770 acts as a crucial support zone.
NSE:KPRMILLLong
by TechnicalExpress