The demand zone stays protected! As we can see despite the try NIFTY managed to recover from the demand zone and closed above! Now that we are still above the demand zone, we can expect NIFTY to remain bullish till NIFTY breached 24400 levels which could lead to good fall. So plan your trades accordingly and keep watching these important levels.
Trend Lines
Asian Paints: Breakout or Rejection ?Asian Paints is India's largest paint manufacturer and one of the country's most respected consumer businesses. With a dominant market position, strong brand recognition, an extensive dealer network, and expansion into home décor through its Beautiful Homes business, the company has consistently demonstrated the characteristics of a long-term compounder.
After spending nearly two years in a corrective phase, the stock is once again approaching a major technical resistance. The key question now
Nifty Intraday Analysis for 05th August 2026NSE: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 2026NSE: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 2026NSE: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
SYNGENE"S ENGINE is ready for reveral and run a long way to top syngene is ready for reversal
technical points NSE:SYNGENE
1. previous hold 3 flag brekdown
2. discount from top
3. create a double channel breakout
4. any time cross channel start fly to top side
5.whenevery identify double channel with base information
with storng suppot that perform well in previous history
6.currently base ON 375 ( supply and demand zone )
7.breakout point above 400 and resitance point
8. other pharma stock perform well expecting the same
9. mulsitple r
Banknifty Intraday Analysis for 05th August 2026NSE: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 2026NSE: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 2026NSE: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 2026NSE: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 2026NSE: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 weaknessNSE: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
XAUUSD — The Compression Before 4,100Gold is moving inside a tight decision structure.
Price is now trading around 4,050 - 4,060, sitting between the short-term downtrend pressure and the OB Buy Zone around 4,045.
This is not the best place to chase.
It is the place to wait.
The simple read
Gold is compressing near support.
The 4,045 area is the key OB Buy Zone on the chart.
If buyers defend this zone, price may try to break the short-term downtrend line and continue toward 4,080 first.
Above 4,080, the next major target be
Nifty Intraday Analysis for 03rd August 2026NSE:NIFTY
Index has support near 24300 and resistance near 24400 level and if the Index break and sustain above 24450 then -
The upward movement may lead to 24600 – 24650 resistance range and if the index crosses and sustains above this level then may reach near 24850 – 24900 range.
On the contrary, The downward moment may drag the Index to 24175 – 24125 support range in downward momentum and if this support is broken then index may tank near 23900 – 23850 range.
Banknifty Intraday Analysis for 03rd August 2026NSE:BANKNIFTY
Index is near 57300 - 57400 resistance zone and if the Index breaks and sustains above this zone.
The upward moment may lead the Index to 58000 – 58100 resistance range in upward momentum and if the index crosses and sustains above this level then may reach near 58700 – 58800 range.
On the contrary, The downward moment may drag the Index to 56500 – 56400 support range in downward momentum and if this support is broken then the index may tank near the 55800 – 55700 range.
Finnifty Intraday Analysis for 03rd August 2026NSE:CNXFINANCE
Uptrend is expected to continue as long as the Index is above 26500.
The upward movement may lead the Index to 26850 - 26900 resistance range and if the index crosses and sustains above this level then may reach near 27150 - 27200 range.
On the contrary, The downward moment may drag the to 26350 – 26300 support range and if this support too is broken then index may tank near 26050 – 26000 range.
Midnifty Intraday Analysis for 03rd August 2026NSE:NIFTY_MID_SELECT
Uptrend is expected to continue as long as the Index is above 14700.
The upward movement may lead the Index near 14925 – 14950 resistance range and if the index crosses and sustains above this level then may reach 15100 – 15125 range.
On the contrary, The downward moment may drag the index to 14625 – 14600 support range and if this support is broken then index may tank near 14450 – 14425 range.
CROMPTON Trendline Breakout Confirmed | Breakout Retest SuccessfCROMPTON has confirmed a strong bullish reversal after breaking out of a long-term descending trendline on the 4H timeframe. The breakout was backed by a powerful bullish candle, followed by a successful retest of the breakout zone, where previous resistance acted as new support. Price has now moved above the previous swing high, confirming a bullish market structure with higher highs.
This Breakout → Retest → Higher High sequence is one of the strongest momentum continuation patterns in technic
BAJAJ FINANCE: Fresh All-Time High BreakoutOverview
Bajaj Finance has broken out to a fresh all-time high today, closing at 1,141.2, up 8.32% in a single session on strong volume. This is a big breakout candle after weeks of steady grinding higher, and the stock is now trading in uncharted territory with no historical resistance above.
Pattern Explanation
If we look at the chart, the stock spent March to June building a base, then started a clean uptrend from June onwards, staying above both the 50 EMA and 200 EMA the whole way up. To
USOIL Analysis on (02 AUG 2026)#USOIL UPDATEDE
CURRENT PRICE - 84.589
If price stay above 80.000, then next target 86.000,90.000 and 93.500 and below that 77.800
Plan;If price break 83.500-83.000 area,and stay above 83.500,we will place sell order in USOIL with target of 86.000,90.000 and 93.500 & stop loss should be placed at 80.000
NIFTY –Holding Above Trendline,Eyes on the Descending ResistanceOverview
Nifty closed the week at 24,383.60, up 616 points or 2.59%. The index made a strong move this week, closing well above last week's high and staying above the weekly 50 EMA at 24,354.78. Price is now sitting right at the descending resistance line that has been capping every rally since February.
Pattern Explanation
If we look at the chart, Nifty has been respecting a rising trendline since late March, with each dip getting bought around that line. A couple of weeks back, we saw a cle
Nifty Intraday Analysis for 31st July 2026NSE:NIFTY
Range bound moment is expected between 24200 - 24525 range.
The upward movement may lead to 24525 – 24575 resistance range and if the index crosses and sustains above this level then may reach near 24800 – 24850 range.
On the contrary, The downward moment may drag the Index to 24100 – 24050 support range in downward momentum and if this support is broken then index may tank near 23850 – 23800 range.























