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Nifty50technicalanalysis

Nifty Eyes Upside as Bulls Take Charge Ahead of Expiry WeekThe Nifty closed around 25,112 on Friday, marking a 1.29% gain for the week and signalling strong bullish momentum. The rally was driven by broad-based buying, particularly in financial heavyweights like HDFC Bank, ICICI Bank, and Reliance Industries. Despite lingering global uncertainties, market sentiment remained stable, with the India VIX closing at 13.67—reflecting subdued volatility and cautious optimism among participants. In the derivatives space, the highest concentration of put writing at the 25,000 strike highlights strong immediate support, while the 25,500 level is emerging as a key resistance zone due to significant call writing activity. Heading into the upcoming expiry week, the bullish trend is likely to continue, provided no major geopolitical shocks disrupt market sentiment.
NSE:NIFTYLong
by GoodluckCapital
Nifty Weekly Outlook: Volatility Ahead Amid Global Tensions● Despite briefly breaking above the 25,100 resistance last week, Nifty failed to sustain the momentum and witnessed a corrective pullback towards the 24,500 level. ● Market volatility ticked up, with India VIX rising by 3.08% to 15.08 on a weekly basis, reflecting growing investor nervousness. ● Geopolitical tensions—particularly the escalating conflict between Israel and Iran—are weighing on global sentiment, and Indian equities are not immune to this uncertainty. However, relative strength in the Indian markets suggests that they may continue to outperform global peers in the near term. ● For the upcoming week, Nifty is expected to remain highly volatile, with wide-range oscillations likely. A directional trend may only emerge if Nifty decisively breaches 25,100 on the upside or breaks below the key support at 24,500. ● Options data indicates that the 25,000 level will act as a strong resistance, while 24,500 remains a crucial support zone. ● Importantly, if the index opens below 24,400 at the start of the week, it could invite further selling pressure, tipping the balance in favor of the bears. ● Given the global headwinds and sensitive technical setup, traders are advised to stay cautious as heightened volatility could dominate the week ahead.
NSE:NIFTY
by GoodluckCapital
1
Nifty Breaks Past 25,000: Is a New High on the Horizon?Last week, Nifty broke above the psychological milestone of 25,000, shaking off market doubts and sparking fresh bullish momentum. ◉ Key levels to watch: The zone between 24,750–24,850 now acts as immediate support, while 23,750–23,850 remains a major support. This rally wasn't just a technical bounce — it was fuelled by meaningful tailwinds: ● India-Pakistan Ceasefire helped ease geopolitical concerns, calming the nerves of investors. ● Cooling inflation in both India and the U.S. sparked hopes of rate cuts, improving market liquidity. ● Strong corporate earnings from majors like Hero MotoCorp , HCL Tech , and Tata Motors lifted sentiment. With continued FII inflows , the bullish momentum is expected to persist — potentially pushing Nifty toward its all-time high in the near term.
NSE:NIFTYLong
by GoodluckCapital
Nifty 50 Index spot 24039.35 by Daily Chart view - Weekly UpdateNifty 50 Index spot 24039.35 by the Daily Chart view - Weekly Update - Resistance Zone 24675 to 24780 Nifty 50 Index Band - Volumes are in good sync with the average traded quantity - Both the Falling Resistance Trendlines have been decently maintained todate - Earlier Resistance Zone now a Support Zone at 23875 to 23975 Nifty 50 Index Band - Bullish Double Bottom formed at the Support Zone neckline has yet sustained by Nifty Index
NSE:NIFTY
by PIYUSHCHAVDA
Nifty 50 Index spot 22904.45 by Daily Chart viewNifty 50 Index spot 22904.45 by Daily Chart view - Resistance Zone at 23875 to 23975 for Nifty 50 Index Band - Can we expect the Right Shoulder depth act as a Support base alike of the Left Shoulder depth near 22700 to 22800 ??? - If the Right Shoulder gets sustained, a Support base in sync with the Left Shoulder of the Bullish Head & Shoulder pattern may get activated - Let us hope for the best to happen expecting some fresh breather over the next week basis the fact that, the Markets are always Supreme to look up to ......
NSE:NIFTY
by PIYUSHCHAVDA
Nifty 50 Index spot 23519.35 by Daily Chart view - Weekly updateNifty 50 Index spot 23519.35 by Daily Chart view - Weekly update - Support Zone at 21800 to 21950 Nifty 50 Index Band - Resistance Zone at 23875 to 23975 Nifty 50 Index Band - Falling Resistance Trendline Breakout seems to have been sustained and also Support Zone still kept respected - A Bullish Head and Shoulders pattern formation in process, just by taking a hypothetical thought process viewing - An out of the box and entirely different point of view and perspective one may anticipate about Nifty 50 Index outlook - Going by this Hypothetical H&S probability for the Nifty 50 Index Chart, we may anticipate good fire crackers to observe - As such this is just a high level technical chart pattern formation and the Market are always Supreme to work in their own ways
NSE:NIFTY
by PIYUSHCHAVDA
2
Nifty 50 Index 22124.70 by Daily Chart view: Different ViewpointNifty 50 Index 22124.70 by the Daily Chart view - Different Viewpoint A different point of view for the Nifty 50 Index Technical Chart Setup Analysis. This is solely and purely my personal perspective for the Bearish Head & Shoulders pattern's. I will be happy to welcome and get your fine line pointers for the improvement on the Technical Analysis for this Chart Setup. Thank you in advance to One and All. The 1st H&S Bottom is broken down and now need to look forward, if ..... Nifty 50 Index touches the 2nd H&S Bottom or takes an early reversal ..... Hope for the best to happen and keeping fingers crossed. God Bless All.
NSE:NIFTY
by PIYUSHCHAVDA
Nifty 50 spot 22795.90 by the Daily Chart viewNifty 50 spot 22795.90 by the Daily Chart view - Nifty 50 Index 22775 to 22950 Support Band is yet sustained - Long shot deep Support Zone seen at 22125 to 22350 which for now seems bit (un)likely by current technical chart status setup - Just a flag to highlight : Nifty Index had dipped up to 22720 in recent past few days and similar levels was Resistance Level in April 2024 for 23K Index target - Few of the Gap Ups and Gap Down openings, yet are remaining to get closed and filled in below the Old Long Shot Support Zone at 22125 to 22350 for Nifty Index levels
NSE:NIFTY
by PIYUSHCHAVDA