📈 Nifty Technical & Fundamental Outlook
With just one more candle, Nifty looks set to cross above the key EMA levels. This shift is crucial as it signals potential strength building up in the market. Once that confirmation comes through, we can start actively looking for swing entries. The next few sessions will be important to track, so it’s time to stay prepared and alert for possible opportunities.
From a broader perspective, the market seems to be aligning with the best-case scenario I was expecting. The sentiment is turning bullish, and unless we witness sharp bouts of selling pressure in the coming days, the probability of a sustained recovery appears strong.
On the fundamental side, a couple of factors are supportive:
✅ All these tailwinds together create a strong case for a bullish bias in the near term.
As traders, the plan now is simple: track the EMA breakout, monitor earnings triggers, and stay ready for high-probability swing setups.
📢📢📢
Disclaimer : The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It’s essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It’s important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.
With just one more candle, Nifty looks set to cross above the key EMA levels. This shift is crucial as it signals potential strength building up in the market. Once that confirmation comes through, we can start actively looking for swing entries. The next few sessions will be important to track, so it’s time to stay prepared and alert for possible opportunities.
From a broader perspective, the market seems to be aligning with the best-case scenario I was expecting. The sentiment is turning bullish, and unless we witness sharp bouts of selling pressure in the coming days, the probability of a sustained recovery appears strong.
On the fundamental side, a couple of factors are supportive:
- The GST cut is expected to boost consumption and corporate earnings.
- With upcoming quarterly results, the overall market P/E ratio could find stronger justification if earnings come in robust.
- Institutional delivery data is not reflecting any aggressive selling interest, which adds confidence to the current setup.
✅ All these tailwinds together create a strong case for a bullish bias in the near term.
As traders, the plan now is simple: track the EMA breakout, monitor earnings triggers, and stay ready for high-probability swing setups.
📢📢📢
If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly.
Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments.
Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too.
Disclaimer : The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It’s essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It’s important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.