Nifty 50 Index 24579.60 by Daily Chart viewNifty 50 Index 24579.60 by Daily Chart view
- Nifty Gap Up Opening of 18-August-2025 has got filled in
- Bearish Double Top instigated Nifty Index for the downfall trend
- Resistance Zone 25050 to 25350 for Nifty 50 Index levels acting firmly, for well over a year
- Support Zone at 24350 to 24600 for Nifty 50 Index levels has stood the ground strongly, well over a year
- Bullish "W" pattern observed in the making process with a repeat Bullish Double Bottom hence can we hope to foresee a Resistance Zone Breakout ???
NIFTY
Long Term View on Bank NiftyRising Wedge Pattern (Bearish Setup)
The red trendlines form a rising wedge, which is typically a bearish pattern.
After years of an uptrend, the index has near its support from the wedge.
Current Position (53,655)
Bank Nifty has corrected sharply in the last few days/weeks and is now trading around 53,600 levels.
The immediate support marked on the chart is around 53000. If this breaks, further downside could open.
Key Support Levels
50,600 – first crucial support.
48,000–47,500 zone – next major support if selling extends.
32,448 – long-term support marked, aligns with pre-COVID breakout levels.
Possible Scenarios (Green & Red Arrows on Chart)
Bullish case (green path): If Bank Nifty stabilizes near 53,000-52,500 and reclaims 55,000+, it can attempt a bounce.
Bearish case (red path): Sustained breakdown below 53,000-52,500 could accelerate fall towards 48,000 -47,500, and in extreme bearishness, even 32,500 over the medium term.
⚖️ Interpretation
The structure suggests weakness after a long rally; if the wedge breakdown happens, then a trend reversal could happen.
The next 1–2 weeks will be crucial: holding 53,000-52,500 may trigger a bounce, but a breakdown could confirm a deeper correction.
Crucial Week Ahead: Bounce or Breakdown for Nifty?The Nifty ended Friday’s session at a very crucial technical level, which makes the coming week particularly important for market direction. The index has been showing signs of weakness after a sharp rally, and the 24350 level has now emerged as a key support zone. If Nifty fails to sustain below this level, it could open the doors for further downside. The next major support is placed around 24000–23800, which also coincides with previous demand zones and moving average clusters.
Traders should note that the market sentiment next week will be critical. A sustainable bounce from the current level could re-establish bullish momentum and keep the uptrend intact. However, a decisive breakdown below 24350 may trigger profit booking and a short-term trend reversal toward lower levels.
Overall, next week could act as a make-or-break zone for the Indian market, as price action around these levels will decide whether we continue higher or witness a deeper correction.
Nifty Analysis - Monthly - Sep 2025Nifty formed a Bearish red candle in monthly timeframe. Nifty is below short term EMA in daily timeframe (20,50,100). Bearish sentiment is setting in strong.
On Daily time frame its about to form a head and shoulder pattern.
If Right shoulder length is considered as target, it comes to 23,550.
If Head length is considered as target, it comes to 23,300.
24,500 (psychological), 24,850 (61.8% of swing from July high to Aug Low), 25,000 (psychological), 25150 (38.2% of swing from July high to Aug Low) may be key resistances.
Nifty is nearing a GapUp region (12th May) and 200 day EMA which is around 24,250 and it may act as Support.
Next support is around 24,000 to 23,800. 24,000 is psychological level. 23,800 is High of Feb & Mar, which was the Feb & Mar resistance and it may now act as support.
Nifty Key Levels -
25,150
25,000
24,850
24,500
24,250
24,000
23,800
23,550
23,300
Nifty 50 spot 24426.85 by the Daily Chart view - Weekly updateNifty 50 spot 24426.85 by the Daily Chart view - Weekly update
- Support Zone 23975 to 24225 of Nifty Index
- Gap Up Opening of 18-Aug-2025 has now closed
- Resistance Zone earlier Support Zone at 24450 to 24700 for Nifty Index
- Rising Support Channel Breakdown may act as Resistance for upside move
- Breakdown from Falling Resistance Trendline and Channel has strongly sustained
- Nifty Index made a repeat Bearish Rounding Top or Bearish Inverted Cup & Handle pattern by now Resistance Zone neckline with a closure below it
Nifty AnalysisThis is Nifty Analysis for Thursday 28th Aug 2025.
Nifty formed a red green candle previous session and almost filled the Monday Gap up. Though sentiment is bearish, a contra view trade may be attempted with tight stoploss today.
Trade Strategy 1:
Enter Long position (Call Option) after retracement confirmation around swing low 24,610.
Stoploss just below 24,541.
Target 1 just below previous day close 24,696. This gives 1 is to 1.5 risk reward ratio.
Target 2 around high 25,816. This gives 1 is to 3.3 risk reward ratio.
Safe traders may consider Trailing Stoploss after 1 is to 1 risk reward ratio is achieved. Note - This is for educational purposes only and not a trade recommendation. I am not SEBI registered. Kindly do your own research before doing any financial transaction.
Fibonacci Retracement Trailing : Lock Profits & Ride Trends🔹 Intro / Overview
Managing trades after entry is just as critical as spotting the entry itself.
In this idea, we apply Fibonacci retracements with a trailing stop system to capture profits while staying disciplined.
A well-structured trailing plan helps traders:
✅ Lock in gains early
🛡️ Protect capital against reversals
📊 Stay rule-based instead of emotional
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📖 Concept
- A swing High (A) to Low (B) defines our Fibonacci retracement zones.
- Retracements (C, E) test Fibonacci levels but don’t confirm entry until structure is validated.
- Entry (F) occurs only after a successive close confirms the short trade.
- Stop Loss (SL) is placed at the 61.8% retracement (closer and more protective than the far swing).
- Trailing: SL trails forward only , two Fib levels behind price. It manages the remaining position after booking partial profits.
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📊 Chart Explanation (Step-by-Step)
1️⃣ Swing Definition
📍 A = Swing High
📍 B = Swing Low
2️⃣ Retracement Testing
- C → first retracement (no confirmation)
- D → invalid as no proper close
- E → deeper retracement, still no entry
3️⃣ Entry Point
✅ At F, successive closes confirm → short entry taken
4️⃣ Stop Loss (SL)
📉 Set at 61.8% retracement for tighter risk management
5️⃣ Targets & Trailing
🎯 Target 1 hit → exit one lot, secure partial profits
🔄 Remaining lots managed with trailing system:
• SL adjusted only forward , never backward
• SL trails as price moves down:
• 150% → SL to 100%
• 178.6% → SL to 123.6%
• 200% → SL to 150%, etc.
6️⃣ Projected Path
🔍 Blue/red paths illustrate how price could move while trailing locks in gains
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🔍 Observations
📌 Entry validated on structure → reduces false signals
🎯 Booking partial profits builds confidence and ensures realized gains
🔄 Trailing maximizes potential while staying safe
📊 Fib-based progression keeps decisions mechanical, not emotional
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✨ Why It Matters
✔ Turns static Fibonacci into a dynamic strategy
✔ Prevents giving back profits when trends reverse
✔ Adds confidence and discipline in trade management
✔ Teaches how to scale out smartly
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✅ Conclusion
Fibonacci retracement alone gives levels — but combining it with a trailing stop system transforms it into a complete trade plan.
By booking partial profits and trailing the rest:
🛡️ You protect capital
🚀 You ride trends longer
🤝 You trade with discipline instead of emotion
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⚠️ Disclaimer
For educational purposes only · Not SEBI registered · Not a buy/sell recommendation · No investment advice — purely a learning resource
Bearish Engulfing Pattern: Spotting Reversals with Discipline🔎 Intro / Overview
Managing a trade after entry is just as important as finding the right setup. The Bearish Engulfing is one of the most reliable candlestick patterns to spot potential reversals. When traded with discipline, it helps you recognize momentum shifts early and manage risk objectively.
📔 Concept
A Bearish Engulfing occurs when:
The first candle is a small green candle that continues the uptrend.
The next candle is a large red candle whose body completely engulfs the green candle’s body .
👉 This shows a clear psychological shift — buyers push higher (green candle), but sellers step in aggressively (red candle) and erase those gains.
📌 How to Use
✅ Validation → The candle must close below the open of the red candle.
❌ Invalidation → If price closes above the close of the red candle before confirmation.
Trading Plan:
Entry → After confirmation of the red candle’s close.
Stop-Loss (SL) → Above the high of the red candle which is also a swing high.
Take-Profit (TP) :
Conservative → 1R (Entry → SL distance)
Moderate → 2R
Aggressive → Book partial at 1R and trail the rest using tools like ATR, Fibonacci levels, or structure-based stops to ride any extended downside move.
📊 Chart Explanation
On the chart, the first small green candle represents buyers continuing the uptrend. The next large red candle completely engulfs the green candle’s body and closes lower, signaling that sellers have taken control.
The pattern was validated at the close of the red candle , where the short entry was taken. The high of the red candle is used as the stop-loss level, while the targets are mirrored in reverse using the same distance.
In this example, Target 1 was quickly achieved . From there, traders can apply trailing stop methods to lock in profits and manage further downside targets.
👀 Observation
Works best when the pattern forms at major resistance levels or after a sustained uptrend .
A high-volume red candle strengthens the reliability of the signal.
In sideways or choppy conditions , false signals are common — always confirm with structure and indicators before acting.
❗ Why It Matters?
The green candle shows buyer optimism .
The red candle shows seller dominance .
This clear flip in control creates a rule-based setup with defined entry, SL, and TP.
🎯 Conclusion
The Bearish Engulfing is a strong sign of reversal — but it’s powerful only when combined with structure, confirmation, and disciplined risk management.
🔥 Patterns don’t predict. Rules protect.
⚠️ Disclaimer
For educational purposes only · Not SEBI registered · Not a buy/sell recommendation · No investment advice — purely a learning resource
NIFTY BUY Market Context & Structure
Primary trend: Up since the April swing low, traveling inside a rising channel. The channel top projects near 28,800–29,300 later; the lower rail rises toward 23,200–23,700 in the near term.
Current phase: An 8–10 week sideways box (roughly 24,600–25,600) after a strong advance—classic digestion at highs.
Key diagonal levels:
The post-April base trendline now runs just under price; losing it invites a shakeout.
A deeper, slower primary trendline sits lower, clustering with prior structure around 23,200–23,700.
Horizontal landmarks on your chart: 25,600/25,400 (supply cap), 25,000 (pivot), 24,400–24,700 (nearby demand/breaker), 23,200–23,700 (rising demand), 21,415 (major higher-timeframe shelf), and 19,600 (last resort structural floor).
Volume: Contracting through the range—typical for consolidation. Look for a volume expansion to validate the next leg.
Core Thesis
The market is in a bullish primary trend but short-term range-bound. The most probable path is either a base-and-break above the range or a stop-run dip into rising demand (23.2–23.7k) before resuming higher. A decisive, high-energy rejection of that demand would be the first meaningful threat to the uptrend.
Scenarios & What Confirms Them
1) Base → Breakout → Trend Continuation (bullish)
Evidence to watch:
Daily closes back above 25,400, then a weekly close above 25,600 with expanding range/volume.
Pullbacks that hold 25,000–25,200 (prior ceiling acting as floor).
Upside roadmap: 26,000–26,300 (mid-channel pause) → 27,300–27,800 → 28,800–29,300 (channel top).
Invalidation for this scenario: A sustained move back inside the box that closes below 24,700.
2) Shakeout → Tag Rising Demand → Relaunch (bullish after dip)
Trigger: Loss of 24,700/24,400 that accelerates into 23,700–23,200 (confluence of rising rails and old structure).
What to see at the lows: Long-lower-wick candles, momentum divergence, or a V-reversal with strong follow-through.
Upside roadmap after reclaim: Reclaim 24,700–25,000, then the same path as Scenario 1.
3) Range Failure → Trend Damage (bear-risk)
Trigger: Strong daily + weekly closes below ~23,200 (and especially if follow-through pushes under 22,800).
Targets if broken: 21,415 major shelf first; if that fails on a weekly basis, the structure opens toward ~19,600.
What would confirm a regime change: Lower highs beneath broken support, rising volume on down legs, failed retests from below.
Practical Playbook (system-agnostic)
Inside the box: Fade edges with tight risk—buy dips near 24,700–24,900, sell bounces near 25,400–25,600—only while the box holds and ranges stay compressed.
Breakout method: Wait for a weekly close above 25,600 or a clean break → retest → go on the daily; avoid chasing without confirmation or expansion in volume/ATR.
Shakeout method: Prepare for a flush into 23.7–23.2k—that’s where risk/reward improves. Let price prove demand (reclaim prior breakdown level; strong reversal candle) before committing.
Invalidation discipline: For any long-bias plan, a weekly close below ~23,200 is a big warning; below 21,415 the bull map is postponed and exposure should be re-evaluated.
Evidence That Would Strengthen the Bull View
Sectoral rotation with banks/industrials carrying pullbacks.
Breadth improvement on up days (advancers outpacing decliners).
Breakouts in heavyweights coinciding with NIFTY clearing 25,600.
Rising 20/50-day ranges after contraction (volatility expansion in the direction of the break).
Risks to Monitor
Global risk-off (USD/UST yields spiking, crude shocks).
Domestic event risk around policy or earnings clusters.
A series of lower highs under 25,400–25,600 coupled with heavier down-volume—often a precursor to Scenario 2 or 3.
Bottom line: The bigger map stays bullish while above 23.2k. Near term, it’s a range at highs with two healthy paths for continuation: (i) clear 25.6k and trend, or (ii) shake out into 23.7–23.2k and relaunch. Only persistent trade below 23.2k starts to bend the primary uptrend toward 21.4k risk.
This is market analysis, not investment advice. Size positions prudently and let the levels, not opinions, do the decision-making.
Nifty AnalysisThis is Nifty Analysis for Thursday 26th Aug 2025.
Nifty formed a small green candle previous day and is up by 0.39%. Still it may attempt to fill the Monday Gap up before moving upwards.
Trade Strategy 1: Enter Short position (Put Option) after retracement confirmation around 61.8% around 24,945. Stoploss just below 25,980. Target 1 just below previous day close 24,880. This gives 1 is to 2 risk reward ratio. Target 2 around high 25,816. This gives 1 is to 3.7 risk reward ratio.
Safe traders may consider Trailing Stoploss after 1 is to 1 risk reward ratio is achieved. Note - This is for educational purposes only and not a trade recommendation. I am not SEBI registered. Kindly do your own research before doing any financial transaction.
BIG GAP needs to be filled!! MORE downside??As we can see NIFTY showed unidirectional downfall exactly from our trendline RESISTANCE exactly as analysed and we analysed it through the previous day closing of the candle. Now we can see a big gap that needs to be filled below 24860, hence we might see a trap before finally filling in the GAP below which is almost 200 point. SO, one can plan their trades if following criteria is met
Nifty 50 spot 24,870.10 by the Daily Chart view - Weekly updateNifty 50 spot 24,870.10 by the Daily Chart view - Weekly update
- Support Zone 24450 to 24700 for Nifty Index
- Rising Support Channel sustaining in the supportive role
- Resistance Zone seen at 24900 to 25100 for Nifty Index Level
- Next Resistance Zone seen at 25375 to 25600 for Nifty Index Level
- Nifty Index formed Bearish Rounding Top, dose pretty much seems rejected by Resistance Zone with closure below it
- Basis Gap Up Opening done on 18th August, 2025, Nifty Index might just test Support Zone for closing Gap Up vacuum area
- Rest, let us HOPE FOR THE BEST TO HAPPEN, for the known fact that MARKETS ACT SUPREME ALL THE TIME, no matter what we propagate
Nifty AnalysisThis is Nifty Analysis for Thursday 22nd Aug 2025.
Nifty formed a red candle but formed higher high and higher low formation on Weekly Expiry on Thursday. Nifty is up by 0.13%.
Trade Strategy 1:
Enter Long position (Call Option) after retracement confirmation around 61.8% and Wednesday close - around 25,050. Stoploss just below 25,000.
Target 1 just below previous day high 25,150. This gives 1 is to 1.7 risk reward ratio.
Target 2 around 25,200. This gives 1 is to 2.7 risk reward ratio.
Safe traders may consider Trailing Stoploss after 1 is to 1 risk reward ratio is achieved.
Note - This is for educational purposes only and not a trade recommendation. I am not SEBI registered. Kindly do your own research before doing any financial transaction.
Nifty AnalysisThis is Nifty Analysis for Thursday 21st Aug 2025. Its Weekly Expiry day and may be volatile. Option buyers need to be cautious and safe traders may avoid this day.
Nifty formed a bullish candle and moved up by 0.28% on Wednesday. Nifty is above short term EMAs in Daily timeframe, but is around resistance and psychological level 25,000. This strategy is a risky one.
Trade Strategy 1: Enter Long position (Call Option) after retracement confirmation around previous day low - around 24,930. Stoploss just below 24,850. Target 1 just below previous day close 25,038. This gives 1 is to 1.5 risk reward ratio. Target 2 around previous day high 25,088. This gives 1 is to 2 risk reward ratio.
Safe traders may consider Trailing Stoploss after 1 is to 1 risk reward ratio is achieved.
Note - This is for educational purposes only and not a trade recommendation. I am not SEBI registered. Kindly do your own research before doing any financial transaction.
Chart Analysis - TCS1) Weekly support (context)
Price is sitting near a multi-week demand zone (prior swing lows / consolidation base). Weekly supports matter because bigger timeframes filter noise and attract institutional flows.
When price returns to a weekly support and stabilizes, it often transitions from distribution to accumulation.
2) Daily double bottom (pattern)
A double bottom forms when price tests a low, bounces, then retests roughly the same low and rejects it again. That shows buyers defending the level twice.
The neckline is drawn across the swing high between the two lows. A daily close above the neckline confirms the pattern.
3) Volume confirmation
Healthy: rising volume on up-days, especially on the rally from the second bottom and on the neckline breakout. That says demand is active, not just a technical bounce.
4) Risk line (“invalidates below today’s low”)
Your statement “bullish till it holds today’s low” defines a clear invalidity level. If price closes below today’s low, it suggests the second bottom failed—cut risk there.
5) Trade planning (illustrative, not advice)
Entry ideas:
(a) Aggressive: near current price with stop just below today’s low.
(b) Conservative: on a confirmed close above the neckline, or on a pullback/retest to the neckline that holds.
Stops: A few ticks below today’s low (aggressive) or below retest low (conservative).
Management: Scale partial at interim resistance; trail stop under higher lows / 20-EMA on the daily.
6) What would weaken the setup
Weak or declining volume on rallies, repeated rejections at the neckline, or a decisive daily close below today’s low/weekly support.
In short: Weekly support + daily double bottom + volume = constructive. Confirmation comes with a neckline break; invalidation is a close below today’s low.
Trailing Stops: Protect Profits & Ride the Trend with Discipline🔹 Intro / Overview
Managing a position after entry is just as important as identifying the entry itself.
Here, we are specifically discussing trailing stops using Fibonacci retracements .
A well-structured trailing stop helps traders:
✅ Lock in profits
🛡️ Reduce risk
📊 Stay objective in the face of market noise
This idea shows how trailing stops can be applied in a structured way to complement Fibonacci retracements and trend management.
📖 Concept
📍 A trailing stop is a dynamic stop-loss that adjusts as price moves in your favor.
🔄 Instead of staying fixed, it “trails” price at a chosen distance — capturing more upside while capping downside.
🧩 Traders often trail stops using swing lows/highs, moving averages, or volatility measures like ATR .
📊 Chart Explanation (Step-by-Step)
1️⃣ Entry Criteria
✅ Successive closes above 78.6% confirm the long entry.
2️⃣ Stop Loss (SL)
📉 Placed at the previous swing low for structure-based protection.
⏩ SL adjustments move forward only with trailing rules — never backward.
3️⃣ Trailing Levels
👉 SL always trails two levels below the current trail level if the candle closes above it.
📈 Trail 1: 123.60% → SL moves to 78.60%
📈 Trail 2: 150.00% → SL moves to 100.00%
📈 Trail 3: 178.60% → SL moves to 123.60%
📈 Trail 4: 200.00% → SL moves to 150.00%
📈 Trail 5: 223.60% → SL moves to 178.60%
📈 Trail 6: 250.00% → SL moves to 200.00%
📈 Trail 7: 278.60% → SL moves to 223.60%
📈 Trail 8: 300.00% → SL moves to 250.00%
4️⃣ Target Points
🎯 At Target 1 , book one lot to secure profits.
📊 Remaining positions can be trailed further with the next levels.
5️⃣ Projected Path
🔍 Dotted blue/red projections illustrate potential movement under this trailing system.
🔍 Observations
📌 Objective Entry : Requires successive closes above 78.6%, reducing false signals.
🎯 Partial Profit Booking : Taking one lot off at Target 1 ensures realized gains.
🔄 Two-Level Trailing : Locks in profits while leaving room for trend continuation.
📊 Rule-Based Framework : Clear Fibonacci-based progression keeps decisions mechanical and consistent.
✨ Why It Matters
✔ Prevents turning winning trades into losers.
✔ Builds confidence by removing emotions from exit decisions.
✔ Lets profits run while maintaining protection.
✅ Conclusion
Trailing stops are not about perfection — they’re about discipline .
By systematically adjusting stops as the market moves, traders:
🛡️ Protect capital
🚀 Let profits run
🤝 Remove emotions from decision-making
When combined with Fibonacci retracements , trailing stops provide a structured framework to manage trades effectively after entry.
⚠️ Disclaimer : For educational purposes only · Not SEBI registered · Not a buy/sell recommendation · No investment advice — purely a learning resource
Nifty AnalysisThis is Nifty Analysis for Wednesday 20th Aug 2025.
Nifty formed a bullish candle and moved up by 0.4% on Tuesday. Nifty is above short term EMAs in Daily timeframe, but is near immediate resistance and psychological level 25,000. Though short term Technicals indicate bullishness, wait for a pullback and enter trade. These 2 strategies may work best for Tuesday.
Trade Strategy 1: (Higher Probability)
Enter Long position (Call Option) after retracement confirmation around 61.8% of recent swing - around 24,860. Stoploss just below 24,800. Target 1 just below previous day high 25,000. This gives 1 is to 2 risk reward ratio. Target 2 is around 25100. This gives 1 is to 3.5 risk reward ratio.
Trade Strategy 2: (Lower Probability)
Enter Short position (Put Option) after bearish confirmation candles around 24,760 . Stoploss just above 24,810. Target 1 till Monday Gap Up filling around 24,670. This gives 1 is to 1.5 risk reward ratio.
Safe traders may consider Trailing Stoploss after 1 is to 1 risk reward ratio is achieved.
Note: This is for educational purposes only and not a trade recommendation. I am not SEBI registered. Kindly do your own research before doing any financial transaction.
Nifty AnalysisThis is Nifty Analysis for Tuesday 19th Aug 2025.
Nifty opened Gap Up and moved up by 1% on Monday due to the new events (GST, Rating Upgrade). Nifty formed a red candle but has higher high and higher Low formation. It is above short term EMAs in Daily timeframe.
These 2 strategies may work best for Tuesday.
Trade Strategy 1: (Higher Probability)
Enter Long position (Call Option) after retracement confirmation around 61.8% of recent swing - around 24,810. Stoploss just below last Tuesday Low 24,700.
Target 1 previous day high 25,020. This gives 1 is to 2 risk reward ratio. Target 2 around 25,100. This gives 1 is to 2.5 risk reward ratio.
Trade Strategy 2: (Lower Probability)
Enter Short position (Put Option) after bearish confirmation candles around 24,700 . Stoploss just above 24,750. Target 1 till Tuesday Gap Up filling around 24,500. This gives 1 is to 2.25 risk reward ratio.
Safe traders may consider Trailing Stoploss after 1 is to 1 risk reward ratio is achieved.
Note: This is for educational purposes only and not a trade recommendation. I am not SEBI registered. Kindly do your own research before doing any financial transaction.
Nifty 50 spot 24631.30 by Daily Chart view - Weekly updateNifty 50 spot 24631.30 by Daily Chart view - Weekly update
- Support Zone 23930 to 24200 for Nifty Index
- Resistance Zone 24450 to 24700 for Nifty Index
- Breakout from above one of the Tiny Falling Resistance Trendline seems well sustained
- Rising Support Channel seems back in supportive role and maintained by current status of Nifty Chart setup
- Nifty Index thou formed a Bearish Rounding Top, seems attempting to cross above Resistance Zone over past week, indicates hope for upside reversal






















