Bullion Under Pressure Amid Hawkish Fed Stance, WTI crude is holding above $95/bbl but is on track for its first weekly decline in five weeks, even as geopolitical tensions in West Asia remain elevated.
Nifty is currently in a strong short-term bearish trend, trading well below key moving averages with sustained selling pressure. Technical indicators like RSI near 31, negative MACD, and strong ADX confirm that downside momentum remains intact.
Bank Nifty is currently in a strong short-term bearish trend, trading well below key moving averages with heavy selling pressure visible across the chart structure. Technical indicators like RSI at 28.71, negative MACD, and strong ADX
Reliance Industries is currently showing a short-term bearish bias within a broader bullish trend, trading around key moving averages with mixed momentum signals.
SBI is currently witnessing short-term weakness within a broader bullish structure, but is trading below key short-term moving averages with negative momentum indicators like MACD and RSI near oversold zone. Option chain data clearly indicates heavy call writing at higher strikes and weak put base,
Adani Enterprises is currently in a strong bearish trend across all timeframes, trading below key moving averages with sustained selling pressure. Technical indicators like RSI (34), MACD (negative), and ADX (trend strength) confirm downside momentum.
ACME Solar intraday breakout analysis is bullish for the next trading session. The stock closed at Rs. 262.03, Buy on dips near Rs. 255–258 or buy on breakout above Rs. 270 with a strict stop loss at Rs. 244.
Nifty index witnessed a follow-through buying session and closed at 23,581.15, up 172.35 points (+0.74%), signaling early stabilization after the recent decline, Momentum is improving as RSI rebounds from oversold levels
USD/INR is currently trading near 92.85–92.90 zone, marking a fresh swing high and continuation of the uptrend. Short term view Range with bullish bias
Likely range: 92.30 – 93.20
In the last week, the benchmark indices experienced volatile activity. After a roller coaster momentum, the Nifty ended at 0.16 percent lower while the Sensex closed 30 points lower. Among sectors, Auto and Digital indices gained 2 percent, whereas Defence and Oil & Gas indices lost the most, shedding nearly 2 percent.
