Nifty Chart Says - Trust the Bulls

NIFTY Preparing for an Upswing — Buy-on-Dip Setup Active

Pivot Percentile is loose in Nifty today, which means we can expect a range-bound day.

Since the trend has turned Green, the approach now shifts to Buy on Dip and slowly accumulate for an upswing in the coming week.

Support sits at 26095 and resistance at 26200.
If Nifty manages to sustain above 26200, we can aim for 26400 on the index.

From a sectoral point of view, IT and NBFCs are leading the momentum, and Auto is preparing for a fresh upswing.

I’m currently studying MARUTI , SHRIRAMFIN , and M&M, CHOLAFIN for next week.
Setups are forming nicely, and the charts are beginning to show signs of bulls entering again.

It looks like the bottom is very close.
This is the right time to create a list of strong stocks and track them regularly.

That’s all for now.
Take care. Have a profitable tomorrow.

📊Levels at a Glance:

Pivot: 26130
Support: 26095
Resistance: 26200 (above = target 26400)
Bias: Buy on Dip
Sectors to Watch: IT, NBFC, Auto