Support and Resistance

Finnifty Intraday Analysis for 07th August 2026 NSE:CNXFINANCE Uptend is expected to continue as long as the Index is above 26700. The upward movement may lead the Index to 27100 - 27150 resistance range and if the index crosses and sustains above this level then may reach near 27400 - 27450 range. On the contrary, The downward moment may drag the to 26600 – 26550 support range and if this support too is broken then index may tank near 26300 – 26250 range.

Midnifty Intraday Analysis for 07th August 2026 NSE:NIFTY_MID_SELECT The Index has support near 14775 - 14750 range and it is broken then downward moment expected in the short term. The upward movement may lead the Index near 14975 – 15000 resistance range and if the index crosses and sustains above this level then may reach 15150 – 15175 range. On the contrary, The downward moment may drag the index to 14650 – 14625 support range and if this support is broken then index may tank near 14475 – 14450 range.

Nifty is likely to approach 26000 I hope considering the structure of the nifty for last few months... it is likely to to hit 26000 thousand again

by AMGO_Markets

XAUUSD — 4,253 Holds or 4,182 Retest?Gold is still moving inside a strong bullish structure, but the short-term momentum is starting to cool down after testing the 4,305 resistance area. The rally was very strong. But after a vertical move, I do not want to chase the top. I want to see where buyers defend the trend. The simple read Gold is now trading around 4,250 - 4,260. The first important support is 4,253. This is the React Zone / Buy Scalping area on the chart. If buyers can defend 4,253, gold may try to recover again

by Tiara_PrimeGold

Bull Run Pause or Trend Reversal? Nifty Near Key Moving Averages What I'm Seeing Imagine a person who has been running fast for a long distance. After some time, they need to slow down, catch their breath, and regain energy before deciding whether to continue running. I think Nifty is doing something similar right now. After a strong rally of around 5%, Nifty has started slowing down. Instead of moving higher quickly, the market seems to be taking a small break before its next big move. Why It Matters I am watching two popular moving averages: 200

BEL Bearish bias Looking forward on a bearish outlook on Bharat Electronics Stock. Technically the stock is at a key resistance area and the company ‘s stock is trading at approximately 12.2 times its book value. Adding to this, the company has high debtors of 170 days. Personally not taking this setup but if a key area is to be looked out for, it would be this one.

by bluestarktrading

XAUUSD GOLD ANALYSIS ON (06 AUG 2026)#XAUUSD UPDATEDE SELL LIMITED - 4300-4318 If price stay below 4355, then next target 4260,4200 and 4150,4100 and above that 4400 Plan;If price break 4300-4318 area,and stay below 4310,we will place sell order in gold with target of 4260,4200 and 4150,4100 & stop loss should be placed at 4355

Nifty Intraday Analysis for 06th August 2026 NSE:NIFTY 24600 is becoming immediate resistance and uptrend only possible if the index decisively sustains above 26600 level. The upward movement may lead to 24850 – 24900 resistance range and if the index crosses and sustains above this level then may reach near 25100 – 25150 range. On the contrary, The downward moment may drag the Index to 24350 – 24300 support range in downward momentum and if this support is broken then index may tank near 24100 – 24050 range.

Banknifty Intraday Analysis for 06th August 2026 NSE:BANKNIFTY 58000 is becoming immediate resistance and uptrend only possible if index breaks and sustains above 58000 level. The upward moment may lead the Index to 58500 – 58600 resistance range in upward momentum and if the index crosses and sustains above this level then may reach near 59200 – 59300 range. On the contrary, The downward moment may drag the Index to 57200 – 56900 support range in downward momentum and if this support is broken then the index may tank near the 56300 – 56

Finnifty Intraday Analysis for 06th August 2026 NSE:CNXFINANCE 27000 is becoming immediate resistance and uptrend only possible if index breaks and sustains above 27000 level. The upward movement may lead the Index to 27100 - 27150 resistance range and if the index crosses and sustains above this level then may reach near 27400 - 27450 range. On the contrary, The downward moment may drag the to 26600 – 26550 support range and if this support too is broken then index may tank near 26300 – 26250 range.

Midnifty Intraday Analysis for 06th August 2026 NSE:NIFTY_MID_SELECT The immediate support is shifted upward to 14800 level and uptrend is expected to continue as long as the Index is above 14800. The upward movement may lead the Index near 15025 – 15050 resistance range and if the index crosses and sustains above this level then may reach 15200 – 15225 range. On the contrary, The downward moment may drag the index to 14725 – 14700 support range and if this support is broken then index may tank near 14550 – 14525 range.

India Glycols: Alternation in Play?One of the most useful observations in Elliott Wave is the Guideline of Alternation. If one corrective wave is sharp and swift, the next correction often unfolds differently—becoming more gradual, sideways, or time-consuming. While it's a guideline rather than a rule, it helps set expectations about how trends may develop. In India Glycols, Wave (ii) was a relatively quick and deep correction. The current Wave (iv) appears to be taking a different path, retracing in a more measured manner wh

XAUUSD — The Rally Is Hot, But 4,132 Is the Key Gold has pushed strongly higher after breaking the previous resistance structure. The bullish momentum is clear. But after a fast move like this, I do not want to chase the candle at the top. I want to know one thing: Where will buyers defend the trend? The simple read Gold is now reacting near the 4,176 zone. This is the first important resistance / reaction area after the breakout. If buyers can keep control and break above 4,176 with confirmation, the next upside zone becomes 4,216.

by Tiara_PrimeGold

RITES looking for Breakout The trendline breakout is possible. Currently with bullish candle. Supporting trendline has drawn and looks self explains.

Nifty Intraday Analysis for 05th August 2026 NSE:NIFTY Index is near 24600 support and uptrend is expected to continue as long as index is above 24600. The upward movement may lead to 24850 – 24900 resistance range and if the index crosses and sustains above this level then may reach near 25100 – 25150 range. On the contrary, The downward moment may drag the Index to 24350 – 24300 support range in downward momentum and if this support is broken then index may tank near 24100 – 24050 range.

Finnifty Intraday Analysis for 05th August 2026 NSE:CNXFINANCE Index has immediate minor resistance near 27000 and if crosses and sustains above this level then uptrend may lead to 27500. The upward movement may lead the Index to 27100 - 27150 resistance range and if the index crosses and sustains above this level then may reach near 27400 - 27450 range. On the contrary, The downward moment may drag the to 26600 – 26550 support range and if this support too is broken then index may tank near 26300 – 26250 range.

Midnifty Intraday Analysis for 05th August 2026 NSE:NIFTY_MID_SELECT Uptrend is expected to continue as long as the Index is above 14700. The upward movement may lead the Index near 15025 – 15050 resistance range and if the index crosses and sustains above this level then may reach 15200 – 15225 range. On the contrary, The downward moment may drag the index to 14725 – 14700 support range and if this support is broken then index may tank near 14550 – 14525 range.

XAUUSD — 4,047 Holds, 4,104 Opens?Gold is starting to build a cleaner recovery structure. After reacting from the lower support area around 4,020, price has moved back above the previous descending pressure and is now trading inside a short-term rising channel. This is a better sign for buyers. But the market is not fully clear yet. Why? Because gold is still below the next reaction resistance around 4,085 and the stronger OB sell zone near 4,104. The simple read Gold is currently trading around 4,055 - 4,065. The key su

by Tiara_PrimeGold

Banknifty Intraday Analysis for 05th August 2026 NSE:BANKNIFTY Index is near 58000 make or break level as highest Call and Put OI is at 58000 strike. The upward moment may lead the Index to 58600 – 58700 resistance range in upward momentum and if the index crosses and sustains above this level then may reach near 59300 – 59400 range. On the contrary, The downward moment may drag the Index to 57200 – 57100 support range in downward momentum and if this support is broken then the index may tank near the 56500 – 56400 range.

Nifty Intraday Analysis for 04th August 2026 NSE:NIFTY Index is overbought and expected to cool down on week Option expiry day. The upward movement may lead to 25000 – 25050 resistance range and if the index crosses and sustains above this level then may reach near 25250 – 25300 range. On the contrary, The downward moment may drag the Index to 24550 – 24500 support range in downward momentum and if this support is broken then index may tank near 24300 – 24250 range.

Banknifty Intraday Analysis for 04th August 2026 NSE:BANKNIFTY Index is near 58500 - 58600 overbought resistance zone and uptrend will continue if it sustains above this resistance zone. The upward moment may lead the Index to 59000 – 59100 resistance range in upward momentum and if the index crosses and sustains above this level then may reach near 59700 – 59800 range. On the contrary, The downward moment may drag the Index to 57500 – 57400 support range in downward momentum and if this support is broken then the index may tank near the

Finnifty Intraday Analysis for 04th August 2026 NSE:CNXFINANCE Index is near 27050 - 27100 overbought resistance zone and uptrend will continue if it sustains above this resistance zone. The upward movement may lead the Index to 27250 - 27300 resistance range and if the index crosses and sustains above this level then may reach near 27550 - 27600 range. On the contrary, The downward moment may drag the to 26750 – 26700 support range and if this support too is broken then index may tank near 26450 – 26400 range.

Midnifty Intraday Analysis for 04th August 2026 NSE:NIFTY_MID_SELECT Uptrend is expected to continue as long as the Index is above 14700. The upward movement may lead the Index near 15050 – 15075 resistance range and if the index crosses and sustains above this level then may reach 15225 – 15250 range. On the contrary, The downward moment may drag the index to 14750 – 14725 support range and if this support is broken then index may tank near 14575 – 14550 range.

LIC Life Insurance Corporation- Showing weakness NSE:LICI Lic India Shows weakness after hitting his trendline resistance. in daytime frame price standing on support zone and also take support after gap down opening Plan: 1. daytime making spinning top with high volume, there is high chance to reversal may not be immediately, but reversal can be possible. price also stand at support zone 402-389. 2. weekly time frame shows clearly weakness, but good fundamental stock can be going sideways rather than to downside. weekly time frame major su