Trend Lines

Finnifty Intraday Analysis for 08th May 2026 NSE:CNXFINANCE Index has resistance near 26750 - 26800 range and if index crosses and sustains above this level then may reach near 27100 - 27150 range. Support is expected near 26150 – 26100 range and if this support is broken then index may tank near 25800 – 25750 range. The market is awaiting firm announcements from both sides of the West Asia conflict. Until a concrete signal is received, the market will remain rangebound.

Midnifty Intraday Analysis for 08th May 2026 NSE:NIFTY_MID_SELECT Index is overbought and expected to retract to support near 14375 – 14350 range and if this support is broken then index may tank near 14175 – 14150 range. On the upper side, Index has immediate resistance near 14725 – 14750 range and if index crosses and sustains above this level then may reach 14925 – 14950 range. The market is awaiting firm announcements from both sides of the West Asia conflict. Until a concrete signal is received, the market will remain rangeboun

Ascending channel - 24700 or 23500 ?Hope you are all doing well. Nifty has closed around 24,176 and is currently sitting right at the channel support area. As long as this zone holds, I am looking for a move along the upper side of the channel towards 24,485 and then 24,716. On the downside, a clear break below the channel could extend the fall towards 23,840 and 23,569. This view is shared purely for educational purposes only. Please consult your financial advisor before taking any trading decisions.

Exact rejection from our given supply zone! Trapped!?As we can see NIFTY got rejected exactly from our supply zone which has been pre determined. Now as long as NIFTY manages to stay below our supply zone, every rise can be shorted, unless it manages to close itself above the supply zone, giving confirmation which can then show strong uptrend followed by W pattern. So, plan your trades accordingly and keep watching everyone.

BTC bullish above 75k (trend line Breakout)BTC looking extremely bullish. It should sustain above 75k mark. I can see the target of 133k. One can go long with SL below 75k mark. Targets will be 85k 90k 100k 120k 130k 133k. It will take bit of time but eventually it will hit the mark. If SL hit below 75k mark. Try again above 75k again. Keep it simple. You will be able to capture the full rally.

Nifty Intraday Analysis for 07th May 2026 NSE:NIFTY Index has resistance near 24575 – 24625 range and if index crosses and sustains above this level then may reach near 24875 – 24925 range. Support is expected near 24075 – 24025 range and if this support is broken then index may tank near 23775 – 23725 range. The market is expected to open higher on reports that the US and Iran have reached a consensus to resolve the West Asia conflict. However, markets may retract if either party backs out of the resolution.

Banknifty Intraday Analysis for 07th May 2026 NSE:BANKNIFTY Index has resistance near 56900 – 57000 range and if index crosses and sustains above this level then may reach near 57900 – 58000 range. Support is expected near 55100 – 55000 range and if this support is broken then index may tank near 54100 – 54000 range. The market is expected to open higher on reports that the US and Iran have reached a consensus to resolve the West Asia conflict. However, markets may retract if either party backs out of the resolution.

Finnifty Intraday Analysis for 07th May 2026 NSE:CNXFINANCE Index has resistance near 26700 - 26750 range and if index crosses and sustains above this level then may reach near 27050 - 27100 range. Support is expected near 26100 – 26050 range and if this support is broken then index may tank near 25750 – 25700 range. The market is expected to open higher on reports that the US and Iran have reached a consensus to resolve the West Asia conflict. However, markets may retract if either party backs out of the resolution.

Midnifty Intraday Analysis for 07th May 2026 NSE:NIFTY_MID_SELECT Index has immediate resistance near 14500 – 14525 range and if index crosses and sustains above this level then may reach 14700 – 14725 range. Support is expected near 14125 – 14100 range and if this support is broken then index may tank near 13925 – 13900 range. The market is expected to open higher on reports that the US and Iran have reached a consensus to resolve the West Asia conflict. However, markets may retract if either party backs out of the resolution.

POLYCAB BREAKOUT TRADING AT ATH Polycab breaking trendline weekly trading at ATH, RSI above 60 macd crossover done,good volume this week strong Q4 earnigs target after breajing 9000 may reach10000 sl 7900 NO BUY/SELL RECOMENDATION

Eclrex Bulllish pattern ( W in making) swing+positional hello, Eclerx looks good on chart W patttern in making with RSI Positive divegence it bounce nicely now the hurdle near 100EMA and the neckline of W pattern if we consider 1600-1610 crossing aboe this we can see strong upside momentum

Strong upmove coming up in NIFTY As we can see NIFTY has been forming W pattern in bigger time frame, which is a strong BULLISH reversal structure. The neckline for the structure can be seen around 25360-400 levels, on break of which could show 25500, 25700 unidirectionally. So, plan your trades accordingly and keep watching everyone.

WTI crude relief rally can go more down if pullback is falied Hello, WTI crude crash 12% 101$ to 89$ and again bounce back to 96.50$ peace talk news drive the price t lower levels as there again US threghten about war if deal is not closed so its news driven market but now its taken resistance of EMA20 and there is bearish candle below 94.50$ we can see again sell off till 90, 85.50,80$ if curcumtances worse again then above 98$ we can see 104,107,112$ AS PER TEHCNICALS ITS LOOK WEAK/BEARISH NOW

Nifty Intraday Analysis for 06th May 2026 NSE:NIFTY Index has resistance near 24300 – 24350 range and if index crosses and sustains above this level then may reach near 24600 – 24650 range. Support is expected near 23800 – 23750 range and if this support is broken then index may tank near 23500 – 23450 range. The market is waiting for a definitive resolution to the West Asia conflict. Any upward movement is expected to face profit-booking until there is greater clarity.

Banknifty Intraday Analysis for 06th May 2026 NSE:BANKNIFTY Index has resistance near 55300 – 55400 range and if index crosses and sustains above this level then may reach near 56100 – 56200 range. Support is expected near 53900 – 53800 range and if this support is broken then index may tank near 53100 – 53000 range. The market is waiting for a definitive resolution to the West Asia conflict. Any upward movement is expected to face profit-booking until there is greater clarity.

Finnifty Intraday Analysis for 06th May 2026 NSE:CNXFINANCE Index has resistance near 26000 - 26050 range and if index crosses and sustains above this level then may reach near 26350 - 26400 range. Support is expected near 25400 – 25350 range and if this support is broken then index may tank near 25050 – 25000 range. The market is waiting for a definitive resolution to the West Asia conflict. Any upward movement is expected to face profit-booking until there is greater clarity.

Midnifty Intraday Analysis for 06th May 2026 NSE:NIFTY_MID_SELECT Index has immediate resistance near 14100 – 14125 range and if index crosses and sustains above this level then may reach 14300 – 14325 range. Support is expected near 13750 – 13725 range and if this support is broken then index may tank near 13550 – 13525 range. The market is waiting for a definitive resolution to the West Asia conflict. Any upward movement is expected to face profit-booking until there is greater clarity.

BHARTI AIRTEL 1:2 RR SWING TRADE Bharti airtel is looking bullish right now because of breakout of its trend line in 15 min and 1 hour timeframe at the support zone. Can give a target of the nearby swing high and stop loss of previous support zone. Follow for more trade

USDCAD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD USDCAD 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 it

by tradergyan01

COLPAL - Broken out Down Channel NSE:COLPAL Price was falling down in a channel until reach to Yearly Demand Area. As it reacted from Yearly demand zone, price catch a strength which help to closed out of falling channel. On weekly EMA/s still showing hurdles but Daily chart more clear as price hold at last EMA Resistance. Price was sustained outside the channel, showing signs of further up move. If it stand out of channel, yes, it could be a good investment idea. ==========================================================

by KingDoxa_trades

NIFTY's last moment recovery, could be a gamechanger As we can see, NIFTY had been bearish in the first half, exactly as analysed in our previous post. But, it showed a strong recovery in closing hours, which shows that bulls have overpowered the bears and taken control as they also managed to close NIFTY above 25000 levels which is both a psychological level and important supply zone. Hence, we can expect NIFTY to show some strength from here in the form of short covering. So, plan your trades accordingly and keep watching everyone.

RITES has all the rights to break out now. There is an ascending triangle formation that is actually cutting the diagonal line. The volumes have been really low. Any volume spike, noticeably in the section that has been marked, can lead to a breakout and can potentially give a 40% return at a 5% stop loss. Please wait for a re-test because this is not alone a confirmation for a bullish trade yet.

Nifty Intraday Analysis for 05th May 2026 NSE:NIFTY Index has resistance near 24350 – 24400 range and if index crosses and sustains above this level then may reach near 24650 – 24700 range. Support is expected near 23850 – 23800 range and if this support is broken then index may tank near 23550 – 23500 range. The market continues to wait for a definitive resolution to the West Asia conflict. Any upward movement is expected to face profit-booking until there is greater clarity. Conversely, any downward slide is likely to be met by a

Banknifty Intraday Analysis for 05th May 2026 NSE:BANKNIFTY Index has resistance near 55600 – 55700 range and if index crosses and sustains above this level then may reach near 56400 – 56500 range. Support is expected near 54200 – 54100 range and if this support is broken then index may tank near 53400 – 53300 range. The market continues to wait for a definitive resolution to the West Asia conflict. Any upward movement is expected to face profit-booking until there is greater clarity. Conversely, any downward slide is likely to be met