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Support and Resistance

SREE RAYALSEEMA technical analysisSree Rayalaseema Hi-Strength Hypo Ltd. (NSE: SRHHYPOLTD) is currently trading at INR 635.55, reflecting a 9.75% increase. The company is a leading manufacturer of inorganic chemicals, serving industries such as water treatment, pharmaceuticals, and agriculture. This company is part of TGV SRAAC Group. Key Levels Support Levels: INR 414.80, INR 522.95 Swing Level: INR 635.55 Possible Upside Levels: INR 922.75, INR 1,071.65, INR 1,261.30 Technical Indicators RSI: The Relative Strength Index (RSI) is at 53.41, indicating neutral to bullish momentum, suggesting potential price strength with further upside possibilities. Volume: Trading volume is 993.96K, reflecting active investor participation, which may validate movements toward higher price levels if sustained. Sector and Market Context Sree Rayalaseema Hi-Strength Hypo Ltd. operates within the chemical manufacturing sector, which has seen consistent demand growth driven by industrial expansion, water purification needs, and increasing pharmaceutical applications. The industry benefits from government regulations favoring environmental sustainability and chemical safety standards. However, global raw material cost fluctuations, export restrictions, and regulatory shifts could impact profitability. Investors continue to monitor commodity price trends and policy changes influencing chemical manufacturers. Latest News and Developments Market Trends: Growing demand for water treatment chemicals and pharmaceutical-grade hypo solutions, strengthening industry prospects. Analyst Ratings: Some analysts maintain a positive outlook, citing steady revenue generation and operational efficiency. Quarterly Results: The company posted stable earnings, supported by higher industrial orders and improved export margins. Dividend Update: Sree Rayalaseema Hi-Strength Hypo Ltd. has declared a dividend payout of ₹7 per share, reinforcing investor confidence in its financial stability. Analysis Summary Sree Rayalaseema Hi-Strength Hypo Ltd. presents a strong technical structure, with RSI and volume trends confirming positive investor sentiment. The stock benefits from sector tailwinds, driven by rising industrial demand and regulatory support, though macro risks such as raw material costs and trade policies should be monitored. Investors should track price action near resistance levels, broader chemical industry trends, and company-specific financial updates before making strategic decisions.
NSE:SRHHYPOLTDLong
by TechnicalAnalystSucrit
NiftY Weekly: From Primary Downtrend to BreakoutHi Traders, Sharing a clean structural setup spotted on the Nifty weekly chart. Hope this helps you in your planning. Feedback and thoughts are always welcome! Nifty Weekly Trade Setup — Targeting 26,300--:: Following a significant correction from the all-time high near the 26000 zone Nifty formed a well defined primary downtrend leg bottoming around 22000. What’s developed since is a classic structural shift from distribution → accumulation → potential markup let's discuss. After the downtrend price attempted a retracement rally, but it was rejected at the prior breakdown zone and creating a clear horizontal resistance. This rejection led to a base formation supported by a series of higher lows, indicating reduced selling pressure and early signs of buyer strength. Eventually, Nifty broke above the resistance zone and more importantly held its retest, turning resistance into support. This clean breakout + retest structure is often a precursor to trend continuation. Technical Highlights-: Primary Downtrend: 26000 To 23000. Failed Retracement Resistance: 24800. Breakout Confirmation: Price moved above and retested 24800. Structure: Series of higher lows. Support Zone: 24800 To 24500. Momentum: Bullish price action with controlled pullbacks. Trade Setup-: Bias: Long Entry: Current levels or dips toward 24900 Stop-Loss: Below 24500 Target:26000, 26300 (previous all-time high zone) Rationale-: This trade aligns with classic price action principles: Breakdown zone turned into support. Structure of higher lows holding firm. Valid breakout-retest confirmation. Risk clearly defined with natural invalidation. With Nifty respecting structure and momentum building gradually, a revisit to the 26300 zone looks increasingly probable in the coming weeks. Hope you will like the idea, Best regards- Amit.
NSE:NIFTYLong
by AMIT-RAJAN
1
BTC Breaks Downtrend – Eyes on 105911📊 Cycle Status: 🔼 HWC: Bullish 🔽 MWC: Bearish 🔼 LWC: Bullish Because of this cycle configuration, I’m not looking for short positions. The larger structure still favors bullish momentum. 📈 Structure & Channel Breakout: BTC broke out from a descending channel with 6 confirmed touches. On the 7th touch, we saw a breakout. You might ask: "Parsa, what’s the use of a broken channel now?" Well, here’s why it still matters: The channel hasn't had a proper pullback yet. Price might reject from the 10,5911 resistance, which is a strong level. If rejected, price could revisit the channel’s upper boundary as a retest. That retest could create a strong R setup on the 15m chart — if we get a clear structure and confirmation. 🧠 Important Notes: If BTC breaks and holds above 10,5911, this could flip our MWC to bullish, which would be a strong continuation signal. Until then, I’m waiting and watching for either: Retest of the broken channel Clean break and hold above 10,5911 🎯 Targets: If price holds above current levels, next resistances are: ✅ 108890 ✅ 110490 As long as BTC stays above 103880, I won’t be talking about short setups. 📌 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.
Long
by parsa_xa
Gold Uptrend Continues June 6, 2025As yesterday Gold made high of 3403, I was expecting to cross upto 3430 but it dropped sharply. News was strong and as it made cautious to investors and safe heaven asset declines moved back to riskers market to 3340. Now today you can check a pattern and gold is moving in that support and resistance, expecting it to move upward. Currently the situation is unexpected as gold may come down to 3340 and then move upward or directly upward from 3358. Our target is 3375-3389-3400. Key point. Resistance - 3360, 3375, 3389, 3400 Support - 3340, 3354 Any Query Reach Us or comment down Rudra Vasaikar Wishes You A Great And Very Amazing Trading Life. Trade Safe, Trade Right. RISK WARNING 🔴 🔴 🔴 There is high risk of loss in Trading Forex, Crypto, Indices, CFDs, Features and Stocks. Choose your trade wisely and confidently, please see if such trading is appropriate for you or not. Past performance is not indicative of future results. Highly recommended - Information provided by Pro Trading Point are for Educational purpose only. Do your investment according to your own risk. Any type of loss is not our responsibility. HAPPY TRADING. #gold #xauusd #xauusdtrading #goldtrading #goldanalysis #forextrading #forex #trendline #goldsignals #goldnews goldlatestanalysis #xauusdtradesetup #forextradingguide #fxgold
TVC:GOLDLong
by rudravasaikarrr
1