Nifty50 analysis(19/5/2026)Expiry day.NIFTY50 INTRADAY ANALYSIS:
----------------------------------------------------------------------------------------------------------------------
CPR: Wide + desscending cpr : consolidation
FII: 2,813.69 bought.
DII: 2,682.12 bought.
Highest OI:
CALL OI: 23800
PUT OI: 23500
Resistance: 23800
Support : 23500
conclusion:
My pov:
1.market flat opening , with wide cpr and expiry also in a range market which high volatile consolidation can happen, or no moment at all
2.50ma(red one) not sloping upwards so this means not bullish , if trend above 50ma it will reject the price
3. also there is high oi support at 23500, and 23800 acts resistance so this shows that range between 23300 to 23800
4.comment your opinion , where do you expect market will close today.
psychology fact:
Life depends on soul, but both depends on our physical body, and hence make it as your permanent home. :- vallalar
Notes:
8moving average ling is blue colour.
20moving average line is green colour
50moving average line is red colour.
200moving average line is black colour.
cpr is for trend analysis.
MA line is for support and resistance.
**********************************************************************************************************************
Disclaimer:
I'm not Sebi registered so i started this as a hobby, please do your own analysis, any profit/loss you gained is not my concern. I can be wrong please do not take it seriously thank you.
**********************************************************************************************************************
Nifty50analysis
Nifty50 analysis(20/5/2026).NIFTY50 INTRADAY ANALYSIS:
----------------------------------------------------------------------------------------------------------------------
CPR: narrow + ascending cpr : trending.
FII: -2,457.49 sold
DII: 3,801.68 bought.
Highest OI: too soon to tell
CALL OI: nil
PUT OI: nil
Resistance: 23800
Support : 23300
conclusion:
My pov:
1.market opens with gap down of 150-170 points , the range clearly works , today a trending day .
2.50ma(red one) clearly rejects the price , you can see its not sloping up, that is good reason not to expect bullish .
3. we can continue the bearish point of view till 8ma(blue line) being closed and cross.because the fall is big so it can trend and break 23300 in the future days
4.comment your opinion , where do you expect market for the next expiry.
psychology fact:
"If you don't like something, change it. If you can't change it, change the way you think about it." — Mary Engelbach
Notes:
8moving average ling is blue colour.
20moving average line is green colour
50moving average line is red colour.
200moving average line is black colour.
cpr is for trend analysis.
MA line is for support and resistance.
**********************************************************************************************************************
Disclaimer:
I'm not Sebi registered so i started this as a hobby, please do your own analysis, any profit/loss you gained is not my concern. I can be wrong please do not take it seriously thank you.
**********************************************************************************************************************
NIFTY 50 Complex Correction Analysis [19/05/2026: Tuesday]Technically, the markets are broken as trends are not sustainable. Both bulls and bears are confused. The report presents a probable scenario analysis of NIFTY 50 for the 19th of May 2026. The day is Tuesday.
(1) Bullish Scenario:
The first criterion for the price to fall under confident bullish sentiment is to form a higher-highs and lower-lows structure above the level 23750 and decisively break out above the level 23875. The zone (23875 - 23750) is a strong supply zone (or resistance area). If price decisively starts to trade above this supply zone, then the probable bullish targets would be - 24000, 24125, and 24250.
(2) Bearish Scenario:
The first criterion for the price to fall under confident bearish sentiment is to form a lower-lows and lower-highs structure below the level 23500 and decisively break down below the level 23375. The zone (23500 - 23375) is a strong demand zone (or support area). If the price decisively starts to trade below this demand zone, then the probable bearish targets would be - 23250, 23125, and 23000.
(3) No Trading Zone (NTZ): (23750 - 23500).
(4) Range of Consolidation (ROC): (23875 - 23375).
Price stuck in the ROC will make the market more choppy and indecisive. The market needs to break the ROC to establish a new trend (either bullish or bearish). To be precise, the market will be bullish if the price starts to trade above the supply zone (23875 - 23750) . On the contrary, the market will be bearish if the price starts to trade below the demand zone (23500 - 23375).
(5) Establish intraday bias with respect to the opening price.
(6) Event: NIFTY 50 weekly expiry. The day after (20/05/2026) is the FOMC meeting. Expect a price anomaly or range-bound market due to uncertainty and an upcoming high-impact event. Lastly, geopolitical issues are omnipresent.
(7) All the analyses would fail in the case of a major gap up, gap down, and price structure anomaly. Thus, practice PRAGMATISM in the live session.
Top-Down Analysis for Better Insight:
(1) Monthly TF:
This month's candle is a red spinning top inside the green spinning top of the previous month. It looks like a 'harami' pattern (but we don't know if it is bullish harami or bearish harami). The view is indecision.
(2) Weekly TF:
This week's candle looks like a green hammer inside the red hammer of the previous month. The lower-lows and lower-highs structure is still intact. Level 23250 seems to be a strong support level. Level 24000 seems to be a strong resistance level. The view is indecision to bearish.
(3) Daily TF:
The market has been range-bound for the past 5 days. Thus, there is no trend. Strong resistance zone is (23875 - 23750). Strong support zone is (23500 - 23375). Price is also trapped in a diamond. Only a breakout or breakdown would decide a trend. The view is indecision.
(4) 30-minute TF:
Strong resistance zone is (23875 - 23750). Strong support zone is (23500 - 23375). Price is also trapped in a diamond. Only a breakout or breakdown would decide a trend. The view is indecision.
NOTE:
(i) Trade only if there is a setup. Remember, not trading is an extension of the trading activity. Always PROTECT your CAPITAL . Always PRACTICE RISK MANAGEMENT. Be RESPONSIBLE.
(ii) Mark your points. Trade your points. Price is GOD. Plan your trade, trade your plan. Anything can happen in the markets. Thus, trade what you see, not what you believe.
(iii) Be Strategic. Be Courageous. Be Patient. Be Wise.
(iv) Every day is a new day. Thus, do not carry the baggage of past successes or failures. Always think from a new perspective. Believe is Possibilities.
Happy Trading!
Nifty50 analysis(18/5/2026).NIFTY50 INTRADAY ANALYSIS:
----------------------------------------------------------------------------------------------------------------------
CPR: Wide + ascending cpr : consolidation
FII: 1,329.17 bought
DII: -1,958.82 sold
Highest OI:
CALL OI: 23800
PUT OI: 23500
Resistance: 23800
Support : 23500
conclusion:
My pov:
1.market gap down 130 points, expected to be a trending, but wide cpr it can consolidate also . cant sure about it.
2. price can drift towards cpr even thou gap down
3. also there is high oi support at 23500, and 23800 acts resistance so this shows that range between 23300 to 23800
4.lets wait and watch if bullish continues or not ...
psychology fact:
“The road you can talk about is not the road you can walk on”
― Lao-Tse
Notes:
8moving average ling is blue colour.
20moving average line is green colour
50moving average line is red colour.
200moving average line is black colour.
cpr is for trend analysis.
MA line is for support and resistance.
**********************************************************************************************************************
Disclaimer:
I'm not Sebi registered so i started this as a hobby, please do your own analysis, any profit/loss you gained is not my concern. I can be wrong please do not take it seriously thank you.
**********************************************************************************************************************
Nifty Slips Again as Fear Returns to the Market: What's Ahead?The Indian market had a difficult week.
After briefly attempting a recovery, the Nifty 50 once again came under pressure and ended the week down 2.2%, closing at 23,643.
At the same time, volatility is rising again.
The India VIX, jumped nearly 12% during the week. That tells us one thing clearly:
Investors are becoming cautious again.
What is the chart indicating right now?
From the weekly chart, Nifty continues to show weakness after facing rejection near a short-term trendline resistance.
In simple words:
The market attempted to move higher…
but failed to sustain momentum near resistance.
That rejection has kept the broader sentiment cautious for now.
Key Levels to Watch This Week
Upside Levels
🔹 23,800 – 24,000 remains the first hurdle for bulls
🔹 24,400 – 24,500 is the major resistance zone
Downside Levels
🔹 23,500 – 23,400 acts as immediate support
🔹 23,000 – 22,900 remains the stronger support zone
What Could Move the Market This Week?
1. US-Iran Conflict
Global uncertainty remains elevated as tensions between the US and Iran continue without a clear resolution.
2. Crude Oil Prices
Brent crude remains highly sensitive to every headline coming from the Middle East.
3. Q4 Results Season
Earnings season is entering a crucial phase.
More than 500 companies are set to announce results in the coming days, making this one of the busiest weeks of the season.
Market Outlook
For now, the broader setup remains sideways to slightly negative.
A sustained move above 24,700 is needed to shift momentum back strongly in favor of the bulls.
Until then, volatility is likely to dominate short-term price action.
Strategy for Traders
This is not a market to become aggressive.
With volatility rising again, fresh buy positions should be approached carefully.
Instead of chasing rallies:
• stay selective
• reduce unnecessary risk
• focus on protecting capital
Because in uncertain markets, survival comes before opportunity.
NIFTY 50 Price Structure Analysis [18.05.2026: Monday]Probable Scenario Analysis for 18th of May 2026. The day is Monday.
(1) Bullish Scenario:
There is no observable bullish set-up yet. Price needs to first form a higher-highs and lower-lows structure above the level 23750. Then a weak bullish target would be 23875. Next, if the price decisively sustains above the level 23875, then a mild bullish target would be 24000. Level 24000 will be a very strong resistance. Lastly, if the price breaks out above the level 24000, then strong bullish moves would be expected. Strong bullish targets above the level 24000 would be - 24125 and 24250.
(2) Bearish Scenario:
If the price starts to trade below the level 23625, then a weak bearish target would be 23500. Level 23500 would act as a strong support. Next, if price decisively breaks down level 23500, then the probable bearish targets would be - 23375 and 23250.
(3) No Trading Zone (NTZ): (23750 - 23625).
(4) Range of Consolidation (ROC): (24000 - 23500).
A breakout above level 24000 would confirm a strong bullish trend, while a breakdown below level 23500 would confirm a strong bearish trend. Price remaining within the ROC would make directional trading very difficult. Presently, price is trading in the lower zone of the ROC (i.e., below level 23750). If the price sustains above the level 23750 (the median of ROC), then we can expect bullishness. On the other hand, if the price remains below the level 23750 (the median of ROC), then we can expect bearishness. The present price structure shows indecision to bearish sentiment.
(5) Event:
No high-impact event. No expiry on Monday. However, geopolitical issues and Trump's tantrums are always there. So, be cautious.
(6) The " probable scenario analysis " would fail in the case of a major gap up, gap down, or price structure anomaly. Thus, practice PRAGMATISM in the live session.
Top-Down Analysis for a Better Insight:
(1) Monthly TF:
The monthly candle is a red spinning top along with an inside candle. Both bulls and bears are confused. Trend trading is super difficult. Doubt every up move unless price gives a breakout above level 24000. Level 23500 is the last support. If the price breaks down below 23500, then there will be a strong bearish trend. The view is indecision to bearish.
(2) Weekly TF:
The weekly candle is a red hammer. Very confusing. Strong resistance is at level 24000. Strong support is at 23500. Price is trading below 9, 20, and 50 EMAs. Weakness in the market is evident. The view is indecision to bearish.
(3) Daily TF:
The neckline of the head and shoulder (H&S) pattern is formed in the zone (23875 - 23750) . The zone is marked in red in the chart. This zone would act as a strong resistance. For bullish sentiment to activate, the price must sustain a daily close above this neckline. Level 23500 is a major support. A breakdown below level 23500 would activate bears to build confident bearish positions. Lastly, price is trading below downward-sloping 9, 20, 50, and 200 EMAs. The view is indecision to bearish.
(4) 30-minute TF:
The neckline of the head and shoulder (H&S) pattern is formed in the zone (23875 - 23750) . The zone is marked in red in the chart. This zone would act as a strong resistance. For bullish sentiment to activate, the price must sustain a daily close above this neckline. Level 23500 is a major support. A breakdown below level 23500 would activate bears to build confident bearish positions. There is an unfilled gap till level 23125. Lastly, price is trading below downward-sloping 9, 20, 50, and 200 EMAs. The view is indecision to bearish.
NOTE:
(i) Trade only if there is a setup. Remember, not trading is an extension of the trading activity. Always PRACTICE RISK MANAGEMENT. Always PROTECT your CAPITAL . BE RESPONSIBLE.
(ii) Mark your points. Trade your points. Price is GOD . Plan your trade, trade your plan. Anything can happen in the markets. Therefore, trade what you see, not what you believe.
(iii) Be Strategic. Be Courageous. Be Patient. Be Wise.
(iv) Every day is a new day. Therefore, do not carry the burden of past successes or failures. Always trade from a new perspective. Believe in Possibilities.
Happy Trading!
Nifty50 analysis(15/5/2026).NIFTY50 INTRADAY ANALYSIS:
----------------------------------------------------------------------------------------------------------------------
CPR: Wide + ascending cpr : consolidation
FII: 187.46 bought
DII: 684.33 bought
Highest OI:
CALL OI: 23800
PUT OI: 23500
Resistance: 23800 and 24000
Support : 23500 and 23300
conclusion:
My pov:
1.market gap down 60-100 points, expected to be a trending, because when a bullish trend even thou wide cpr can make trend the market.
2. if yesterday R1(23573) broke so price will take support at today cpr(23630) in one hour candle then go long.
3. also there is high oi support at 23500, so considering all this i define this bullish.
4.what if 23500 closed and cross below in one hour candle , i will not enter any trade, that's it
psychology fact:
“If you are depressed you are living in the past.
If you are anxious you are living in the future.
If you are at peace you are living in the present.”
― Lao Tzu
Notes:
8moving average ling is blue colour.
20moving average line is green colour
50moving average line is red colour.
200moving average line is black colour.
cpr is for trend analysis.
MA line is for support and resistance.
**********************************************************************************************************************
Disclaimer:
I'm not Sebi registered so i started this as a hobby, please do your own analysis, any profit/loss you gained is not my concern. I can be wrong please do not take it seriously thank you.
**********************************************************************************************************************
Nifty50 analysis(14/5/2026)NIFTY50 INTRADAY ANALYSIS:
----------------------------------------------------------------------------------------------------------------------
CPR: Narrow + descending cpr: trending
FII: -4,703.15 SOLD
DII: 5,869.05 bought
Highest OI:
CALL OI: 23500
PUT OI: 23400 to 23200
Resistance: 23800
Support : 23300
conclusion:
My pov:
1.market gap up 100 points, expected to be a trending.
2. if 23600 is broken in one hour candle we 23800 as resistance.
3. if 23600 is rejected we anticipate 23300 on the down side.
psychology fact:
“If you want to shine like a sun, first burn like a sun”
― Apj Abdul Kalam
Notes:
8moving average ling is blue colour.
20moving average line is green colour
50moving average line is red colour.
200moving average line is black colour.
cpr is for trend analysis.
MA line is for support and resistance.
**********************************************************************************************************************
Disclaimer:
I'm not Sebi registered so i started this as a hobby, please do your own analysis, any profit/loss you gained is not my concern. I can be wrong please do not take it seriously thank you.
**********************************************************************************************************************
Nifty50 analysis(13/5/2026)NIFTY50 INTRADAY ANALYSIS:
----------------------------------------------------------------------------------------------------------------------
CPR: Wide + descending cpr :consolidation.
FII: -1,959.39 SOLD
DII: 7,990.32 bought
Highest OI: too soon to tell
CALL OI:
PUT OI:
Resistance: 23800
Support : 23300 and 23000
conclusion:
My pov:
1.today a flat opening market, we can expect market to consolidate
2.market can break 23300 and fall to 23000.
3. even if bullish price can be stopped at 23500 and 23800
4.lets wait for break either 23500 or 23300.
psychology fact:
“Only men with mature thoughts are capable of ruling themselves and not the hasty-tempered.”
― Mahatma Gandhi
Notes:
8moving average ling is blue colour.
20moving average line is green colour
50moving average line is red colour.
200moving average line is black colour.
cpr is for trend analysis.
MA line is for support and resistance.
**********************************************************************************************************************
Disclaimer:
I'm not Sebi registered so i started this as a hobby, please do your own analysis, any profit/loss you gained is not my concern. I can be wrong please do not take it seriously thank you.
**********************************************************************************************************************
Nifty50 analysis(12/5/2026)Expiry day.NIFTY50 INTRADAY ANALYSIS:
----------------------------------------------------------------------------------------------------------------------
CPR: Wide + descending cpr :consolidation.
FII: -8,437.56 SOLD
DII: 5,939.65 bought
Highest OI:
CALL OI:24000,23900
PUT OI:23800,23600
Resistance: 24000
Support : 23300
conclusion:
My pov:
1.market gap down almost 150 points, today expiry so market can be volatile, it can consolidate too, be aware of it.
2.if the break of 23800 will sustain or not can be seen in first one hour of the opening.
3. if 23800 sustains then can see some reversal candles with huge volume .
4.if not a giant red candle can be seen at 23800.
psychology fact:
“Your tomorrow depends entirely on what you do today.”
― Mahatma Gandhi
Notes:
8moving average ling is blue colour.
20moving average line is green colour
50moving average line is red colour.
200moving average line is black colour.
cpr is for trend analysis.
MA line is for support and resistance.
**********************************************************************************************************************
Disclaimer:
I'm not Sebi registered so i started this as a hobby, please do your own analysis, any profit/loss you gained is not my concern. I can be wrong please do not take it seriously thank you.
**********************************************************************************************************************
Nifty50 analysis(11/5/2026).NIFTY50 INTRADAY ANALYSIS:
----------------------------------------------------------------------------------------------------------------------
CPR: narrow + descending cpr :Trending.
FII: -4,110.60 SOLD
DII: 6,748.13 bought
Highest OI:
CALL OI:24400
PUT OI:24200
Resistance: 24200
Support : 24000
conclusion:
My pov:
1.market gap down almost 15 0 points, this shows clearly 24500 acts as range market .
2.we can expect 23800 in this weak and below 24300 (sbi crash).
3. market open below 24000 and can fall because of long unwinding ,only after first one we can decide or understand market , if it is taking support or resistance at 24000.
4.wait for clear idea and then trade.
psychology fact:
“Earth provides enough to satisfy every man's needs, but not every man's greed.”
― Mahatma Gandhi
Notes:
8moving average ling is blue colour.
20moving average line is green colour
50moving average line is red colour.
200moving average line is black colour.
cpr is for trend analysis.
MA line is for support and resistance.
**********************************************************************************************************************
Disclaimer:
I'm not Sebi registered so i started this as a hobby, please do your own analysis, any profit/loss you gained is not my concern. I can be wrong please do not take it seriously thank you.
**********************************************************************************************************************
Nifty50 analysis(8/5/2026).NIFTY50 INTRADAY ANALYSIS:
----------------------------------------------------------------------------------------------------------------------
CPR: narrow + ascending cpr :Trending.
FII: -340.89 SOLD
DII: 441.07 bought
Highest OI:
CALL OI:24400
PUT OI:24200
Resistance: 24400
Support : 24000
conclusion:
My pov:
1.market gap down almost 100 points, this shows clearly a range market or a small retest for the big trend.
2. market breaks the 50% bear trend but that doesn't meant bullishness , i thought 24300 can be the deciding factor.
3.but the fall at 24500 shows different pov, so we have to wait for the clear bullish trend.
4.retest price should not fall more the 24100, if broken then 23800 will be the support .
psychology fact:
“A man is but the product of his thoughts. What he thinks, he becomes.”
― Mahatma Gandhi
Notes:
8moving average ling is blue colour.
20moving average line is green colour
50moving average line is red colour.
200moving average line is black colour.
cpr is for trend analysis.
MA line is for support and resistance.
**********************************************************************************************************************
Disclaimer:
I'm not Sebi registered so i started this as a hobby, please do your own analysis, any profit/loss you gained is not my concern. I can be wrong please do not take it seriously thank you.
**********************************************************************************************************************
Nifty50 analysis(7/5/2026).NIFTY50 INTRADAY ANALYSIS:
----------------------------------------------------------------------------------------------------------------------
CPR: wide + ascending cpr :consolidation.
FII: -5,834.90 SOLD
DII: 6,836.87 bought
Highest OI:
CALL OI:24500
PUT OI:24200
Resistance: 24500
Support : 24000
conclusion:
My pov:
1.so market breaks the 24300 (50% of bearish trend) with huge volume, this shows today we can see momentum.
2. so id gap sustains and trend continues or takes it can take support at cpr and trend continues.
3.possibily market can consolidate
psychology fact:
“Freedom is not worth having if it does not include the freedom to make mistakes.”
― Mahatma Gandhi
Notes:
8moving average ling is blue colour.
20moving average line is green colour
50moving average line is red colour.
200moving average line is black colour.
cpr is for trend analysis.
MA line is for support and resistance.
**********************************************************************************************************************
Disclaimer:
I'm not Sebi registered so i started this as a hobby, please do your own analysis, any profit/loss you gained is not my concern. I can be wrong please do not take it seriously thank you.
**********************************************************************************************************************
Nifty50 analysis(6/5/2026).Nifty50 analysis(6/5/2026).
NIFTY50 INTRADAY ANALYSIS:
----------------------------------------------------------------------------------------------------------------------
CPR: NARROW+descending CPR: TRENDING DAY.
FII: -3,621.58 SOLD
DII: 2,602.62 bought
Highest OI:
CALL OI:24300
PUT OI:24000
Resistance: 24200
Support : 23800
conclusion:
My pov:
1.gap up opening can be sold off if 24300 didn't support the market and target price is 24000.
2 . price is clearly have no direction so , either side 23800 or 24300 must be broken , so that trend can resume.
3.let wait and watch.
psychology fact:
“Comfort is the silent killer of ambition. Get uncomfortable if you want to get rich.”
― Joseph C
Notes:
8moving average ling is blue colour.
20moving average line is green colour
50moving average line is red colour.
200moving average line is black colour.
cpr is for trend analysis.
MA line is for support and resistance.
**********************************************************************************************************************
Disclaimer:
I'm not Sebi registered so i started this as a hobby, please do your own analysis, any profit/loss you gained is not my concern. I can be wrong please do not take it seriously thank you.
**********************************************************************************************************************
Nifty50 analysis(5/5/2026)expiry.Nifty50 analysis(5/5/2026)expiry.
NIFTY50 INTRADAY ANALYSIS:
----------------------------------------------------------------------------------------------------------------------
CPR: NARROW+ASCENDING CPR: BULLISH TREND.
FII: 2,835.62 bought
DII: 4,764.16 bought
Highest OI:
CALL OI:24300
PUT OI:24000
Resistance: 24200
Support : 23800
conclusion:
My pov:
1.today expiry so volatile is present , a gap down is expected.
2 . price have to sustain 24000 , if it breaks then 23800 becomes weak support .
3.the first one hour candle is important , also we are in range market , that why MA line dont works
4.24300 crossed is good sign of buliishness.
psychology fact:
“Most people do not really want freedom, because freedom involves responsibility, and most people are frightened of responsibility.”
― Sigmund Freud.
Notes:
8moving average ling is blue colour.
20moving average line is green colour
50moving average line is red colour.
200moving average line is black colour.
cpr is for trend analysis.
MA line is for support and resistance.
**********************************************************************************************************************
Disclaimer:
I'm not Sebi registered so i started this as a hobby, please do your own analysis, any profit/loss you gained is not my concern. I can be wrong please do not take it seriously thank you.
**********************************************************************************************************************
NIFTY 50 Price Structure Analysis [05/05/2026: Tuesday]Probable Scenario Analysis:
(1) BULLISH SCENARIO:
For a bullish set-up to emerge, the price must form a higher-highs and lower-lows structure above the level of 24250. After that, if the price gives a breakout above level 24375 and sustains, then the probable bullish targets would be - 24500 and 24625.
(2) BEARISH SCENARIO:
For a bearish set-up to emerge, the price must form a lower-lows and lower highs structure below the level of 23875. After that, if the price gives a breakdown below the level 23750 and sustains, then the probable bearish targets would be - 23625 and 23500. If the price further breaks down below the level 23500, then there might be a freefall till the level 23125.
(3) Establish intraday bias with respect to the opening price.
(4) No Trading Zone (NTZ): (24250 - 23875).
(5) Range of Consolidation (ROC): (24375 - 23750).
Trading in this zone would be very difficult. We have to wait for either a breakout or a breakdown from this zone. Trading within this range should be swift and scalping-type.
(6) Event: No high-impact event. However, there is a NIFTY 50 weekly expiry (Tuesday). Thus, expect a price anomaly. Lastly, geopolitical issues and Trump Tantrums are always there. Anything can happen.
(7) All the analyses would fail in the case of a major gap up, gap down, and price structure anomaly. Thus, practice PRAGMATISM in the live session.
Top-Down Analysis:
(1) Monthly TF:
This is the first day of the month. A green doji is formed above the green spinning top of the previous month. Very strong resistance 24375. Strong support 23750. The view is indecision.
(2) Weekly TF:
Back-2-back 2 weeks are doji (indecision) candles. For five weeks, the Nifty 50 has been struggling in the same range. There is no trend. Very strong resistance 24375. Strong support 23750. The view is indecision.
(3) Daily TF:
The market is in a non-trending range-bound market. For a bullish trend, the price needs to break out above the level 24375. For a bearish trend, the price needs to break down below the level 23750. The view is indecision.
(4) 30-minute TF:
The market is in a non-trending range-bound market. For a bullish trend, the price needs to break out above the level 24375. For a bearish trend, the price needs to break down below the level 23750. The view is indecision.
NOTE:
(i) Trade only if there is a set-up. Remember, not trading is an extension of the trading activity. Always PRACTICE RISK MANAGEMENT . Always PROTECT your CAPITAL . BE RESPONSIBLE.
(ii) Mark your points. Trade your points. Price is GOD . Plan your trade. Trade your plan. Anything can happen in the markets. Therefore, trade what you see, not what you believe.
(iii) Be Strategic. Be Courageous. Be Patient. Be Wise.
(iv) Every day is a new day. Thus, do not carry the baggage of the past successes or failures. Always trade from a new perspective. Believe in Possibilities.
Happy Trading!
Nifty50 analysis(4/5/2026). CPR: narrow + descending cpr: trending.
FII: -8,047.86 sold
DII: 3,487.10 bought
Highest OI:
CALL OI: 24500
PUT OI: 23800
Resistance: - 24500
Support : - 24000
conclusion:.
My pov
1.market clearly in bullish, we can expect a trend day today.
2. Price clearly takes support at 23800 this shows strong support .
3. Now as in range the price takes support and 24500 at the first resistance .
4. Let watch what happens . Mind that anything can happen .
Psycology:
The biggest wall you have to climb is the one you build in your mind
note:
8moving average ling is blue colour.
20moving average line is green colour
50moving average line is red colour.
200moving average line is black colour.
cpr is for trend analysis.
MA line is for support and resistance.
Disclaimer:
Iam not Sebi registered so i started this as a hobby, please do your own analysis, any profit/loss you gained is not my concern. I can be wrong please do not take it seriously thank you
Nifty Stuck in Range: Momentum Fading Before the Next Big Move?On paper, it was a steady week.
The Nifty 50 moved within a 588-point range and closed with a modest 0.42% gain.
But if you look a little deeper, the momentum is not as strong as it seems.
April gave confidence. May brings the test
April surprised everyone with an ~8% rally, making it one of the strongest months since Dec’23.
Historically, May also leans positive.
But markets do not move on history alone.
They move on current positioning and fresh triggers.
And right now, the market feels undecided.
What the market is telling us
The index is currently stuck in a broad range.
It is not breaking down.
It is also not breaking out.
That usually means one thing:
👉 Momentum is fading and the market is waiting for direction
Even the India VIX at 18.5 remains elevated, despite cooling slightly. This signals underlying nervousness.
Key levels to watch this week
On the upside:
• 24,200 to 24,300 as the first hurdle
• 24,500 to 24,600 as strong resistance
On the downside:
• 23,800 to 23,700 as immediate support
• 23,500 to 23,400 as a strong base
Right now, the index is sitting in the middle.
This is usually the least rewarding place to trade.
What could move the market next?
This week brings multiple triggers:
• Over 250 Q4 results, including L&T, M&M, Titan, Bajaj Auto
• Any update around Iran tensions, which can impact crude and sentiment
• FII flows, still the biggest swing factor
What should you do now?
This is not a market to go aggressive.
It is a market to stay selective and patient.
• Focus on strong sectors
• Avoid chasing weak setups
• Reduce exposure if supports break
• Add only if Nifty sustains above 24,350
• Keep position sizes small
Because in markets like this,
👉 Big bets often get punished, while patience gets rewarded
NIFTY 50 Price Structure Analysis [04/05/2026: Monday]Probable Scenario Analysis:
(1) BULLISH SCENARIO:
There is no bullish scenario observable in the existing price action. Price needs first to form a higher highs and lower lows structure above the level 24250. After that, the price must break out above the level 24375 and sustain. If the price starts to trade above the level 24375, then the probable bullish targets would be - 24500, 24625, and 24750.
(2) BEARISH SCENARIO:
There is no bearish scenario observable in the existing price action. Price needs to first give a breakdown below level 23750. If the price starts to trade below level 23750, then the probable bearish targets would be 23625 and 23500. In the worst-case scenario, if the price again breaks down below the level 23500, then the probable final bearish target might be - 23125 to 23000.
(3) No Trading Zone (NTZ): (24250 - 23750).
Presently, the price is trapped in a ' diamond contraction .' It is a classical price contraction (complex correction pattern). We have to wait for a breakout or breakdown.
(4) Range of Consolidation (ROC): (24500 - 23500).
For the past 1 month, the price has been contracting and moving range-bound in the present ROC. Trading will be very difficult in this range. Trend clarity will only be achieved after a strong breakout or breakdown.
(5) Event: 2026 Legislative Assembly Election Result of 4 States and 1 U.T. on 04th May (Monday). It is a high-impact event. There is no expiry on Monday. It is the first day of the month and a trading session after three days long weekend holiday. EXPECT MAJOR PRICE ANOMALY . Maybe the markets will be crazy. IF POSSIBLE, AVOID TRADING ON THE HIGH IMPACT EVENT . Lastly, geopolitical volatility due to 'Trump's Tantrums' is always there. We can't help with that.
(6) Establish intraday bias with respect to the opening price.
(7) All the analyses would fail in the case of a major gap up, gap down, or price anomaly. Since 04th of May is a high-impact event, there is a high probability that the trading plan won't work . So, be judicious while trading on the high-impact event.
Top-Down Analysis:
(1) Monthly TF:
The monthly candle is a bullish spinning top. The candle is formed exactly in the middle of the previous month's abdomen. It looks like a 'bullish harami' pattern. Maybe it is a sign of trend reversal. But not sure. Major resistance is 24250. Major support is 23750. The view is indecision to bullish.
(2) Weekly TF:
This week's candle looks like a grave stone doji (or shooting star maybe). The candle is formed at the bottom of last week's red candle. It is a sign of trend exhaustion. Maybe bullishness is exhausting. There is selling pressure. Doubt every up move unless price gives a major breakout above the level 24250. Level 23750 is a major support. If level 23750 is broken, then the price would slide down to 23500. Price is below 9-20 EMA bearish crossover, as well as 20-50 EMA bearish crossover. Price is exactly trading at 100 EMA (flatish). The view is indecision.
(3) Daily TF:
Price is in a major range-bound consolidation. Major resistance is 24250. Major support is 23750. Price is trading exactly at the 20 EMA. Price is trading below all the rest of the EMAs (9, 50, 100, 150, and 200). Unless the price sustains above the 50 EMA (equivalent to level 24250) for at least 1 day, all the upmoves should be doubted. For a confident bullish trade, the price must trade above level 24250 for at least 2 days. On the other hand, if the price breaks down below the level 23750, then maybe there will be a free fall. Presently, price is trading in the - No Trading Zone (NTZ): (24250 - 23750). The view is indecision.
(4) 30-minute TF:
From a charting perspective, a head and shoulder (H&S) is formed. Presently, price is trapped in a classical 'diamond pattern.' It is a form of complex correction. There is an unfilled gap till level 23000. Presently, price is trading in the - No Trading Zone (NTZ): (24250 - 23750) . We have to wait for a breakdown or a breakout. The view is indecision.
NOTE:
(i) Trade only if there is a set-up. Remember, not trading is an extension of the trading activity. Always PRACTICE RISK MANAGEMENT . Always PROTECT your CAPITAL . BE RESPONSIBLE.
(ii) Mark your points. Trade your points. Price is GOD . Plan your trade. Trade your plan. Anything can happen in the markets. Therefore, trade what you see, not what you believe.
(iii) Be Strategic. Be Courageous. Be Patient. Be Wise.
(iv) Every day is a new day. Thus, do not carry the baggage of the past successes or failures. Always trade from a new perspective. Believe in Possibilities.
Happy Trading!
Nifty50 analysis(30/4/2026).NIFTY50 INTRADAY ANALYSIS:
----------------------------------------------------------------------------------------------------------------------
CPR: NARROW+ASCENDING CPR: BULLISH TREND.
FII: -2,468.42 sold.
DII: 2,262.17 bought
Highest OI:
CALL OI:24300
PUT OI:24000
Resistance: 24200
Support : 23800
conclusion:
My pov:
1.tomorrow is holiday plan accordingly, market is bullish but cant confirm it
2 . price clearly takes support at 28th April high , it shows small retest , if today breaks 24250 and closed above we except bullish trending moves
3.also in day candle price keep falling due to selling pressure , this shows 23800/23300 can be right place if supported for entry long.
4.to be clear, market is in range , not bullish/bearish .
psychology fact:
If a person holds no ambitions in this world, he suffers unknowingly. If a person holds ambitions, he suffers knowingly, but very slowly.”
― Alan Lightman
Notes:
8moving average ling is blue colour.
20moving average line is green colour
50moving average line is red colour.
200moving average line is black colour.
cpr is for trend analysis.
MA line is for support and resistance.
**********************************************************************************************************************
Disclaimer:
I'm not Sebi registered so i started this as a hobby, please do your own analysis, any profit/loss you gained is not my concern. I can be wrong please do not take it seriously thank you.
**********************************************************************************************************************
NIFTY 50 Price Structure Analysis [30/04/2026: Thursday]Probable Scenario Analysis:
(1) BULLISH SCENARIO:
A bullish set-up will emerge once the price sustains above the level 24375. If the price sustains at least 30 minutes above the level 24375, then the probable bullish targets would be - 24500 and 24625.
(2) BEARISH SCENARIO:
A bearish set-up will emerge only when the price decisively breaks down below the level 23875. If that happens, then the probable bearish targets would be 23750 and 23625.
(3) No Trading Zone (NTZ): (24375 - 23875).
(4) Range of Consolidation (ROC): (24375 - 23875).
Here, the strong resistance zone is (24375 - 24250). The strong support zone is (24000 - 23875). Trading within the ROC will be very difficult. Technically, the market is range-bound and cracked. Only a breakdown or breakout from ROC would ensure a trend (rather than market sentiment).
(5) Establish intraday bias with respect to the opening price.
(6) Event: SENSEX monthly expiry. Expect a major price anomaly and madness. Also, there is a geopolitical issue. Lastly, crude oil prices are shooting crazy. 30th April will be the last day of trading in the week as well as the month. Then there will be 3 days weekend. On Monday, there will be a high-impact event - five states election results.
(7) All the analyses would fail in the case of a major gap up, gap down, or price structure anomaly. Therefore, practice PRAGMATISM in the live session.
Top-Down Analysis:
(1) Monthly TF:
This month's candle is a green spinning top. A two-candle combination shows a bullish harami pattern. The view is indecision to bullish.
(2) Weekly TF:
The two candle combination shows a harami pattern (pregnant lady). The view is indecision to bullish.
(3) Daily TF:
There is no trend in the present price structure. Price is range-bound in the zone (24375 - 23875). Price got supported by the 20 EMA. But it is trading exactly below the 50 EMA. Major resistance is 24375. Major support is 23875. The view is indecision to bullish.
(4) 30-minute TF:
There is no trend in the present price structure. Price is range-bound in the zone (24375 - 23875). Major resistance is 24375. Major support is 23875. The view is indecision to bullish.
NOTE:
(i) Trade only if there is a set-up. Remember, not trading is an extension of the trading activity. Always PRACTICE RISK MANAGEMENT . Always PROTECT your CAPITAL . Be RESPONSIBLE.
(ii) Mark your points. Trade your points. Price is GOD. Plan your trade. Trade your plan. Anything can happen in the markets. Therefore, trade what you see, not what you believe.
(iii) Be Strategic. Be Courageous. Be Patient. Be Wise.
(iv) Every day is a new day. Therefore, do not carry the baggage of past successes or failures. Always trade from a new perspective. Believe in Possibilities.
Happy Trading!
Nifty50 analysis(29/4/2026). NIFTY50 INTRADAY ANALYSIS:
----------------------------------------------------------------------------------------------------------------------
CPR: overlapping lower value: sideways to bearish.
FII: -2,103.74 sold.
DII: 1,712.01 bought
Highest OI: too soon to tell
CALL OI:
PUT OI:
Resistance: 24200
Support : 23800
conclusion:
My pov:
1.markert clearly in range 24250 to 23800. unless we broken either side we will be in tight consolidation.
2 . strong support at 23800 and price should not break below 23400 for bullish trend to continue.
3.today can be sideways market, so plan accodingly.
psychology fact:
“Sometimes the hardest part isn't letting go but rather learning to start over.”
― Nicole Sobon,
Notes:
8moving average ling is blue colour.
20moving average line is green colour
50moving average line is red colour.
200moving average line is black colour.
cpr is for trend analysis.
MA line is for support and resistance.
**********************************************************************************************************************
Disclaimer:
I'm not Sebi registered so i started this as a hobby, please do your own analysis, any profit/loss you gained is not my concern. I can be wrong please do not take it seriously thank you.
**********************************************************************************************************************
NIFTY 50 Price Structure Analysis [29/04/2026: Wednesday]Probable Scenario Analysis:
(1) BULLISH SCENARIO:
There is no observable bullish set-up. The first criterion of bullish sentiment to activate is when the price forms a higher highs and lower lows structure above the level 24125. After that, the price must offer a sustainable breakout above the level 24250. If the price sustains above the level 24250, then the probable bullish targets would be 24375 and 24500.
(2) BEARISH SCENARIO:
There is a higher probability for the price to sustain in the bearish phase. Price must form a lower lows and lower highs structure below the level 24000. Then the price must break down below the level 23875. If the price sustains below the level 23875, then the probable bearish targets would be - 23750, 23625, and 23500.
(3) No Trading Zone (NTZ): (24250 - 23875).
(4) Range of Consolidation (ROC): (24250 - 23875).
Strong resistance zone is (24250 - 24125). Strong support zone is (24000 - 23875).
(5) Establish intraday bias with respect to the opening price.
(6) Event: No high-impact event.
(7) All the analyses would fail in the case of a major gap up, gap down, or price structure anomaly. Therefore, practice PRAGMATISM during the live session.
NOTE:
(i) Trade only if there is a set-up. Remember, not trading is an extension of the trading activity. Always PRACTICE RISK MANAGEMENT . Always PROTECT your CAPITAL . Be RESPONSIBLE.
(ii) Mark your points. Trade your points. Price is GOD . Plan your trade. Trade your plan. Anything can happen in the markets. Therefore, trade what you see, not what you believe.
(iii) Be Strategic. Be Courageous. Be Patient. Be Wise.
(iv) Every day is a new day. Therefore, do not carry the baggage of past successes or failures. Always trade from a new perspective. Believe in Possibilities.
Happy Trading!






















