


House-of-Technicals
PremiumMonthly Closing is good. Weekly closing above 29.50 would be very positive sign. 32 is the Immediate Resistance & if 36.10 is Crossed & Sustained with Good Volumes, we may witness 40 - 45.
BBFL Closed at 53.24 (25-04-2025) Currently in consolidation box. Crossing 55 - 56 may lead it towards 63 - 65 initially
Important to take Support from this Level ( 21.30 - 22.50). Otherwise more selling pressure will be observed.
Important Support @ Channel Bottom One should wait for a proper support level to take entry.
Important to Close above 40.84 on Monthly Basis for further Upside. Channel top is around 44 - 45
Immediate Resistance is around 360 - 361 Weekly Closing above this level would be a +ve sign & may move the price towards 385 - 387
Strong Bullish Divergence has appeared. If today's low is not broken,we may witness 173 - 175 initially & then around 180 - 185.
Closed just above Weekly Trendline Support (i.e. above 115000) as mentioned during last week. However, the Daily Candle Closed below the Trendline Support; that means 116000 is the Immediate Resistance that needs to Cross & Sustain. In case of Selling, we may witness 112800 - 112900 as Important Support.
Bearish Divergence has appeared. Immediate Support lies around 203 - 208 Next Support lies around 178 - 188 Bullish Momentum will resume once it will cross 222.
Bearish Divergence is there on Daily Tf. But Strong Support lies around 3229 - 3265 Otherwise, let it cross 3322 for the target around 3350 - 3370
Formed Strong Double bottom around 40. Immediate Resistance is around 46 - 47 Crossing this level & sustaining with good volumes may witness 48.50 - 49. On the flip side, 44 - 44.50 seems to be a Good Support.
H&S pattern Breakout. 67 - 68 can be an important Support. 71.50 - 72 is the initial Monthly Resistance. Crossing & Sustaining this level may take the price towards 82 - 85. However, breaking 61 may result in further selling pressure.
Breakout re-tested. Morning Star formation. The only concerning thing is Bearish Divergence appearing on Weekly TF. Crossing & Sustaining 140 may lead it towards 160. However, breaking 120 may bring further selling pressure.
Crossing & Sustaining 70 - 72 would be a Very Healthy Sign for further Upside towards 78 - 80.
Monthly closing above 91-92 would be OK. Otherwise as mentioned earlier, next support would be around 81 - 83 but then 88 - 90 would become the Resistance.
Important Support levels are 77 , 69 & 63 in extreme selling. a good retracement towards these levels would open a way to new highs.
Bullish Divergence has appeared. Plus a Very Important Support level around 165-167 a bounce is expected from this level. However, unless 193-196 is Crossed & Sustained ,we may not see the trend reversal.
Crossing & Sustaining 1405 will lead it towards new high 1500+ Good support levels are 1300 - 1310 and then around 1250