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Nifty50analysis

Nifty Down 16% from Highs: Eyes on Next Support at 21,800● Nifty 50 has declined by approximately 16% from its all-time high, signalling a significant correction in the market. ● The next crucial support level is anticipated around the 21,800 mark, a level where the index has historically found support on five previous occasions. ◉ OI Data Analysis ● The 22,500 strike price has the highest concentration of call writers, establishing it as a strong immediate resistance level. ● Conversely, the 22,000 strike price shows the highest accumulation of put writers, indicating robust support at this level. ◉ Valuation Analysis ● From a valuation standpoint, the Nifty appears attractive, currently trading at a Price-to-Earnings (PE) ratio of 19.7. ● This is notably below its 5-year average PE of 24.8, suggesting the index may be undervalued relative to its historical standards.
NSE:NIFTY
by GoodluckCapital
NIFTY fall & probability observation1) On Aug 5th, 2024 - Nifty's low (23,893.70). 2) On Nov 12th, 2024 - Nifty broke Aug 5th low and fell (-2.64%). 3) On Nov 21st, 2024 - Nifty's low (23,263.15). 4) On Jan 13th, 2025 - Nifty broke Nov 21st low and fell (-2.10%). 5) On Jan 27th, 2025 - Nifty's low (23,786.90). As per the above observations of NIFTY chart data, Every time when nifty broke the previous low It fell an average of (-2%). > The fall % difference between the (Aug 5th, 2024 to Nov 12th, 2024) is (-2.64%) - (-2.10) = 0.54%. > Observing, Assuming and Applying this % difference data with the Jan 27th, 2025 low (23,786.90), That is, (2.10% - 0.54%) = 1.56% 23,786.90 - 1.56% = 22,431. -> FIB Retracement - Marking the Nifty's election day's (Jun 4th, 2024) low of 21,281.45 and Nifty's All Time High (Sep 27th, 2024) 26,277.35, The next level (0.786) of fib retracement comes around 22,350. -> The above observation data collides with Fib Retracement. Final Comment: If nifty breaks the level of (22,786.90), The next support would be 22,400 to 22,350. If it breaks further, Nifty may test the most major support of 21,800.
NSE:NIFTY
by SHRIHARII
1
"Analyzing Nifty 50: Support, Resistance, and Trade Insights"Let's take a look at the Nifty 50 chart to analyze current support and resistance levels, and whether it's a good time to consider a bullish trade or if the market might drop further. Currently, the Nifty 50 is showing a downtrend, forming lower highs and lower lows. This suggests that the market is struggling. However, there is a bottom trend line that supports the index quite well. Despite this, recent heavy selling by Foreign Institutional Investors (FIIs) means we haven’t seen a clear reversal pattern yet. Right now, the market is consolidating near this trend line. For the Nifty to turn bullish, we would need to see a strong buying moment . We hope the index doesn’t fall below this trend line, but if it does, we could see a drop of several hundred points. At this point, it might be wise to hold off on making any trades until we have clearer confirmation of market direction. For those considering a bullish position, a sensible stop-loss would be below 22,700 . Please remember, this is for educational purposes only. Make sure to do your own analysis before making any trades and don't just follow someone else's advice blindly.
NSE:NIFTY
by ard-komercisto
1
NIFTY analysis based on Elliott Wave theoryNIFTY is looking like in wave (Z). Now, wave (Z) is always in 3 moves (ABC). If we take a look in 75 min chart of NIFTY, we may see wave (a) of wave (Z) finished on 12 Feb. The price is in wave B of wave (b) now. It looks like Zig-zag pattern is forming and it is observed most of the times that, Wave B of Zig-zag takes at least equal time of wave A. So we may assume that, wave (b) of Zig-zag will finish at least by 19 Feb near 50% to 61.8% And then we may expect a fall to form wave (c) of Zig-zag. This analysis is based on Elliott Wave theory and Fibonacci. This analysis is for educational purpose only.
NSE:NIFTY
by theprofityogi
20
Nifty 50 | Head &Shoulders Pattern – A Breakdown Ahead?Hello everyone! I hope you all are doing great in life and in your trading . Today, I have brought an in-depth analysis of Nifty 50, focusing on a powerful Head & Shoulders pattern that is currently forming on the charts. This pattern is known for signaling a bearish reversal, which increases Supply in the market pushing prices downside. If this pattern plays out as expected, we could witness a strong Downside move in the coming sessions. Currently nifty is trading at 23,340 levels Where previously buyers had shown interest pushing the market gap up following this pattern is selling pressure these buyers could Exit their position Pushing prices to 23,232 (Target 2) and 23,134 (Target 3). Disclaimer:-This analysis is for educational purposes only. Please trade responsibly and consult a financial advisor before making any decisions. If you found this analysis helpful, don’t forget to like, follow, and share your thoughts in the comments below! Your support keeps me motivated to share more insights. Let’s grow and learn together—happy trading!
NSE:NIFTY
by REUBEN_EUSTACE
Title: Nifty 50: Downtrend Persists, But a Reversal PossibleNifty 50 has dropped 12% from its all-time high, causing fear in the market. However, a Wolfe Wave pattern suggests a possible bounce. After peaking at 22,277 on September 27, 2024, Nifty has been falling, with a brief rise on November 21, 2024, before hitting a new low of 22,786 on January 27, 2025. The short-term correction seems over, and an upside move toward 24,900–25,000 is likely, though risks remain—stop-loss is essential. Disclaimer: This is for information only, not financial advice. Do your research before investing.
NSE:NIFTYLong
by karuneshBajpai
Nifty Key Breakout Levels to Watch for Bullish or Bearish MoveHello guy's i hope you all will be doing good in your trading and your life as well today i have brought again Technical Analysis of Nifty 50:- Critical Levels to Watch. The Nifty 50 index is currently consolidating in a well-defined pattern, with clear support and resistance levels in play. Here's the detailed analysis: The price action is forming a descending channel, with a falling resistance line acting as the key barrier for upward movement. A breakout above this resistance can trigger bullish momentum, with targets at 23,966 (1st target) and 24,140 (2nd target). On the downside, the support zone holds significant importance. A breach below this zone could open doors for further selling, with the next target at 23,464. Key levels to monitor: Stop Loss for Buying: 23,575 Stop Loss for Selling: 23,782 Here’s what happens: Bullish Scenario: A breakout above the resistance will likely lead to a test of the mentioned targets, signaling a potential trend reversal. Bearish Scenario: A breakdown below the support zone could signal bearish continuation, targeting the lower levels. Outcome: Watch for volume spikes during the breakout/breakdown to confirm the move. Adhere to the stop-loss levels to manage risk effectively. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. If you found this analysis insightful, don’t forget to hit like and follow for more such content! For related trading ideas and educational posts, check out our profile TraderRahulPal Let’s learn and grow together!
NSE:NIFTYLong
by TraderRahulPal
Nifty 50: Tomorrow's Key Levels & Bullish Opportunities to Watch📈 Nifty 50 Analysis – Bulls Are Gaining Control! The Nifty has made a strong comeback from a crucial support zone, and the signs are clear: the bulls are gearing up for action. With key levels now in place, there’s a great opportunity for traders to take advantage of the market’s potential momentum. 🔑 Key Levels to Focus On: Support Zone: 23,370 – 23,460 This zone acted as a solid foundation for Nifty’s reversal. As long as it holds, buyers will likely maintain control. A breakdown here could trigger a bearish wave. Resistance Zone: 23,850 – 23,860 A critical barrier for Nifty to clear before it can continue its upward journey. Buy Above: 23,716 If Nifty crosses and sustains this level, it signals a bullish breakout. Targets: 🎯 1st Target: 23,860 🎯 2nd Target: 23,937 🎯 3rd Target: 24,064 Short Below: 23,545 If Nifty falls below this level, a bearish move could unfold. Targets: 📉 1st Target: 23,460 📉 2nd Target: 23,285 📊 Market Indicators: RSI (Relative Strength Index): The RSI is rising steadily, reflecting growing bullish momentum. Volume Surge: The rebound from the support zone came with higher volumes, signaling confidence among buyers. 💡 Scenarios to Plan For: 🚀 Bullish Move: If Nifty breaks 23,716, expect it to move toward 23,860 first. Once it clears this, the next logical steps are 23,937 and 24,064. 📉 Bearish Turn: If Nifty drops below 23,545, a fall toward 23,460 is likely, and if selling pressure increases, it could extend to 23,285. Pro Trader Tips: Stick to the Plan: Always trade based on the levels and targets mentioned. Set Stop-Loss: Manage your risk by placing stop-loss orders just below or above key levels. Watch Volume: Ensure any breakout or breakdown is supported by strong volume to confirm the move. 🔔 Final Takeaway: The current market setup is exciting, with a clear bullish potential. Keep an eye on 23,716 for confirmation of the upward move. At the same time, stay cautious around 23,545, as a break below this level could flip the sentiment. With three clear targets on the upside, this is your chance to trade with confidence and make the most of the market. 📜 Disclaimer: This analysis is for educational purposes only and not financial advice. Please trade responsibly and manage risks effectively. 💬 Let’s Connect! 👍 Like this post if it helped you. 💬 Comment your thoughts or questions—I’d love to hear from you. 🔔 Follow for daily updates and insights. 📢 Check my profile for more educational content and trading ideas. @TraderRahulPal 🚀
NSE:NIFTY
by TraderRahulPal
3
Nifty to Kick-Start the Year with a Pause!● A detailed examination of the daily chart reveals the emergence of an Inverted Cup and Handle pattern, suggesting a bearish outlook. ● However, the index is currently hovering above the critical support level of 23,500, while attempting to establish a foothold above the 200-period EMA, a key dynamic support. ● Furthermore, options data indicates a significant concentration of put writers at the 23,500 strike price, lending additional credence to the support zone. ● Given these technical and sentimental factors, we expect the index to remain in a consolidative phase over the next month, as market participants await a clear catalyst for direction.
NSE:NIFTY
by GoodluckCapital
NIFTY50 Head & Shoulder Pattern in Weekly Charts₹₹Nifty50 making Head & Shoulder in Weekly Charts with Price range of 3000 points(23266-26277). If Chart Pattern play-out perfectly then Target price range will be 2500-3000 points till 20288 levels. Nifty50 also have a gap on 20288 levels bcoz of Election Results of 4 States on Dec 3,2023 after that rally started. Now Nifty50 can fill this gap if Chart Pattern play-out perfectly. I will wait for Nifty50 to break down 23266-22777 levels zone & closing below 22777 levels. If Nifty50 close below 22777 levels then Short Nifty50 for Targets of 22122, 21777, 21288, 20777 & 20288 with Stop Loss of 23444. But this Pattern will fail above levels of 24555. Most Important we have to carefully watch RELIANCE bcoz it's already at 52 week lows & At Parallel Channel Support in Monthly Charts. If Reliance also give breakdown of channel then it will be easy for Nifty50 to reach all targets. Similarly HDFC BANK at upper Resistance of Parallel Channel in Monthly Charts.
NSE:NIFTYShort
by K_Dyadav
Nifty 50 spot 23532.70 by Daily Chart view Nifty 50 spot 23532.70 by Daily Chart view - 2 nos of Gap Down Openings are closed between 24350 to 25080 level range - 2 nos of Gap Down Openings will get closed in next ATH creations process near ATH 26277.35 - Most probable Support Zone likely at 23200 to 23350 to anticipate for upside reversal prospective - Next fairly strong Support Zone 22500 to 22650 for upside reversal prospective if the above Support Zone is broken - Huge Downfall of 04th June, 2024 has closed the past 2 nos Gap Up Opening and 2 nos Gap Down Openings
NSE:NIFTY
by PIYUSHCHAVDA
Nifty 50 spot 23453.80 by Daily Chart view - Update to old Chart*Nifty 50 spot 23453.80 by Daily Chart view* - Most probable Support Zone 23200 to 23350 to anticipate for upside reversal prospective - Next fairly strong Support Zone 22500 to 22650 for upside reversal prospective if the above Support Zone is broken - *Old times Gaps to be filled will be a longer shot to expect if markets take a nosedive below 21180 Nifty 50 Index trading range* - Huge Downfall of 04th June, 2024 closed many of the past Gap Up Opening and Gap Down Openings between 21181 to 23338 Nifty Index trading range - Update to old chart shared last week
NSE:NIFTY
by PIYUSHCHAVDA
2
Nifty heading towards 22kDate: 17 Nov’24 Symbol: NIFTY Timeframe: Daily Nifty 50 seems to be in final stages of Wave A of an ABC correction that began in Sept’24. Correction in A could end around 23300 and if it breaks that level, it could even head to 23050-23000. It would then witness a pull back towards 25000 levels in Wave B as seen in the chart and finally Wave C down. Please note this is a possible wave count and Nifty as an instrument always runs on multiple global event risks. Maharashtra votes on 20th Nov’24 and election results are on Saturday, 23rd so it’s unlikely that Nifty will see a pullback or Wave B this week. Investors/Traders in US see lesser chances of another interest rate cut in December meeting so it’s a wait and watch there. This is not a trade recommendation but my humble submission of possible movement in Nifty. Please do your own analysis. And I’ve the right to be wrong. HINGLISH VERSION Aisa lagta hai ki Nifty 50 Sept’24 mein shuroo hue ABC correction ke Wave A ke antim charan mein hai. Wave A mein correction 23300 ke aaspaas samaapt ho sakta hai aur yadi yah us star ko todta hai, to yah 23000-23050 tak bhee ja sakta hai. Jaisa ki chart mein dekh sakte hain, iske baad Wave B mein 25000 ke star tak vaapasee hogee aur ant mein Wave C mein giraavat aaegee. Kripya dhyaan den ki yah ek sambhaavit Wave count hai aur Nifty hamesha kai duniya bhar ki ghatanaon ke jokhimon par chalta hai. Maharashtra mein 20 Nov’24 ko voting hogi aur chunaav nateeje Saturday 23rd ko aaenge, isliye iski sambhaavana nahin hai ki is saptaah Nifty mein pull back ya Wave B dekhne ko mile. US mein niveshakon/vyaapaariyon ko December kee baithak mein ek aur interest rate cut kee sambhaavana kam dikh rahee hai, isliye vahaan wait and watch kee sthiti hai. Yah koi trade lene ki salah nahi hai balki Nifty mein sambhaavit utaar-chadhaav ke baare mein meri vinamra koshish hai. Kripya apna vishleshan khud karen. Aur mujhe galat hone ka adhikaar hai.
NSE:NIFTY
by DhandhaPaani