NIFTY ON VERGE OF BIG BREAKDOWNNIFTY INDEX (SPOT) is on the verge of big breakdown. Since March 2020 Nifty is trading in a Rising Wedge pattern. Currently Trading at 23000 Levels (near rising wedge pattern support)
If Nifty on the Spot market breaks 22700 and Closes below 22700, Huge correction will be seen, which can be very worse and new comers who joined the market after 2020 (Covid) had never seen. Till your positions with stop loss maintained at 22700 on closing basis.
If market breaks 22700 we expect levels up to 21300 in the next 3-6 months, looking at Marco economic and uncertainty in Global markets, USDINR fall and Gold Massive Run, US Feb Rates Cut Down & FII Selling all indicating some big changes will happen the Indian Equity Market also.
We are very cautioned right now, and expecting bear market for the Year 2025, so keep figures crossed and churn your long term portfolio to Nifty stocks from MID Cap Stocks.
Niftyoutlook
Nifty Market UpdateNifty is testing a key support level, the same zone from which it bounced back on January 27. While a short-term upward movement is possible, this should not be mistaken for a bullish reversal.
🔹 The overall structure remains weak as Nifty has been forming lower lows since September 2024. Given this uncertainty, fresh long positions should be avoided until a clear trend emerges.
🔹 Patience is key—it's better to wait a few weeks or months rather than enter trades in an unpredictable market.
🔹 Last week, many traders speculated that Nifty had broken out of a falling wedge, anticipating a strong uptrend. However, my primary concern is that it has broken below the green trendline, which may now act as strong resistance in the near term.
📌 Trading Advice: Wait for a decisive breakout or confirmation before taking new positions. Let the market provide clarity before making moves.
Key Levels: Nifty at a Crucial Turning Point! What's Next? Nifty's price structure is showing a clear pattern of lower highs and lower lows, indicating a prevailing downtrend. However, the market is now at an interesting Demand Zone that could determine its next big move.
📊 Key Observations
On January 27, Nifty took support from an old demand zone, and formed new lower high.
This minor reversal also led to the creation of a new demand zone.
Currently, Nifty is approaching this fresh Demand zone & old Demand Zone, making it a highly significant area to watch.
🔍 Possible Scenarios Ahead
Reversal from the Demand Zone : If Nifty respects this demand zones and reverses, we may see a potential bottom forming.
Sideways Consolidation : Nifty may move sideways, indicating indecision before a breakout.
Breakdown Below Demand Zone : If the demand zone is breached, Nifty could make a new lower low, continuing its downward trend.
🔄 What’s Next?
The next few sessions will be crucial in determining whether Nifty finds strength or continues its downward trajectory. Traders should closely monitor price action and key levels to gauge market sentiment.
Lastly, thank you for your support, your likes & comments. Feel free to ask if you have questions.
🌟 “Patience and discipline separate the successful trader from the rest.”
This analysis is for educational purposes only and is not a trading or investment recommendation. I am not a SEBI-registered analyst.
NIFTY50 - WHAT IS NEXT?Symbol - NIFTY50
CMP - 23700
The Nifty50 is still trading within a falling channel pattern, which continues to highlight a bearish technical structure. Currently, the index is facing resistance at the upper end of this channel, between 23700 - 23820. Given the ongoing downtrend and resistance levels, there is a strong possibility that Nifty may experience a pullback from these levels.
Nifty is likely to continue trading within this channel, and in the short term, we could see a correction back towards the 23000 - 22800 region. These levels would act as near-term support, as they align with previous lows and key technical levels.
However, if the Nifty breaks above the upper boundary of this channel and manages to sustain above it, the short-term trend could shift from bearish to a more sideways. Such a breakout would indicate a possible consolidation phase, though a shift in trend would require sustained strength above the channel's resistance.
In the event that Nifty undergoes further correction and moves towards the 22500 - 22300 range, this would present an excellent opportunity to buy the dips. At these levels, valuations are expected to become attractive, and investing in strong stocks for the medium to long term could provide solid growth potential as prices at this range could offer significant upside potential.
Thus, while the immediate outlook remains bearish with resistance holding firm, the deeper correction could offer great entry points for investors looking to capitalize on potential market growth over time.
Key resistance levels remain around 23750 - 23900, and support is expected at 22850 - 23000. The 22500 - 22300 region is a crucial area for potential buyers. Traders should stay alert to a possible shift in trend if the upper boundary of the falling channel is broken.
NIfty 23200 important Support swing tradeHello,
Nifty Retrace more than 50% of previous swing high and now at trendline support RSI oversold with slow selling volume is not active on sellers side also hidden divergence and oscilators are bullish bullish reversal possibilities with stop loss of 23180
The Nifty 50 Dilemma: Which Way Will the Index Swing?◉ Technical Analysis
● Nifty has formed a Falling Wedge pattern on the daily chart, typically considered a bullish signal.
● Simultaneously, a Three Black Crows candlestick pattern has emerged over the last three sessions, indicating bearish sentiment.
● The bearish pattern is significant as it has formed near the trendline resistance, suggesting a potential pullback toward the 23,000 level.
◉ OI Data Analysis
● The 23,600 level has the highest call writer concentration, acting as immediate resistance.
● The 23,200 level shows the highest put writer accumulation, serving as strong support.
◉ Possible Next Move
● If the index opens with a slight gap-up below 23,600, selling pressure is likely to continue in the coming week.
● Even with a significant gap-up above 23,600, a bearish scenario may persist.
● For a confirmed trend reversal, the index must decisively break and hold above the 23,800 level.
Nifty 50 -Feb 2025 ViewI had posted my last analysis of Nifty at end of Dec 2024 and here we are in Feb 2025 with Nifty being almost at the same price.
So, basically everyone should be happy, right? :P
Why are most of our portfolios in deep red? Let;'s understand the scenario.
Nifty has been highly volatile since the past few months with FII selling continuously and DIIs buying it.
It has been a tug of war between bulls & bears near 23000 which was broken few days back but 22800 managed to act as a support. Level to watch remain same as last idea
View is bearish to sideways with sell on rise.
Expecting a highly volatile 2025 with stock specific movements especially in large cap sector.
Overvalued mid & Smallcap stocks might continue to see correction in upcoming months.
I feel a bullish view can be made only when Nifty sustains above 24800. An accumulation in this zone between 23000 and 24800 will be good for Nifty in upcoming years.
The recent budget will be very beneficial for consumption & hospitality sector. Keep this sector in watchlist.
NIfty at Channel & 200Ema support in 15 minsHello,
Nifty spot made high around 23800 after the 2025 budget now delhi elections exit polls and some selling there nifty in 15 mins trading at near channel support and there is Ema 200 line along with slow selling volume is not seen as needed for short opportunity RSI adjusting and oversold in 15 mins overall bullish set up forming.
NIFTY Intraday Trade Setup For 6 Feb 2025NIFTY Intraday Trade Setup For 6 Feb 2025
Bullish-Above 23810
Invalid-Below 23760
T- 24050
Bearish-Below 23600
Invalid-Above 23650
T- 23355
NIFTY has closed on a slight bearish note with 0.18% cut today. Yesterday we discussed that index closed above 50 EMA but we will consider a bullish reversal only after a pullback. Looks it tuned and gave a small decline. However it may decline further below today's low. As of now 23800 looks a turning point for a bullish trigger. 23600 will be a confluence zone.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 23810 then we will long for the target of 24050.
For selling we need a 15 Min candle close below 23600. T- 23555.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
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I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Nifty key levels for 03.02.2025Nifty key levels for 03.02.2025
If Nifty breaks the upper or lower range, we can expect momentum. The consolidation zone will be favorable for option sellers, while a breakout on either side will benefit option buyers.
Disclaimer:I'm not a SEBI Registered financial advisor. These views are purely educational in nature. You are solely responsible for any decisions made based on this research.
NIFTY 50 - BEARISH TREND WITH RESISTANCE ZONES AHEADSymbol - NIFTY50
CMP 23260
The Nifty50 is currently in a downtrend and is trading within a falling wedge pattern, indicating potential for a bearish move in the near future. At present, the index is trading at a resistance zone, specifically between 23260-23300, with additional resistance zones positioned further upwards. Given these technical factors, there is a strong expectation for a sell-off from the current levels. The downside targets are expected to be around the lows that were formed a few days back, which are near the 22800 level and possibly lower.
From a broader perspective, the Nifty50's technical structure suggests that further downward movement is likely as the price faces resistance and struggles to break above key levels. Therefore, traders should be cautious of any bullish reversal in the immediate term and instead focus on potential downside targets.
Key resistance levels to watch are near 23260-23300, with additional resistance higher up. Support is anticipated at the 22900-22830 level and below. Given the current pattern and resistance zone, a short-term bearish outlook seems more probable, with a potential continuation of the downtrend.
Is 21400 the bottom of #NIFTY ?
The Nifty50 is currently down over 13% from its all-time high. After studying the chart for a while, I’ve arrived at a possible scenario.
Since COVID, the index has remained within a channel, and I don’t see any major catalysts—like a recession, pandemic, war, or significant news—driving this decline. In fact, we’ve weathered much more severe global events since COVID.
Given this, I lean toward the possibility of a small bounce or consolidation rather than a crash.
But could my view be wrong? Of course—it’s always possible that the market behaves differently than I expect. Can I control that? Not at all. The best I can do is align with the market and let it take its course.
Cheers!
Nifty Trading Strategy for 28th January 2025Nifty Trading Strategy
Buy Strategy:
Buy Above: The high of the 15-minute candle that closed above 22,900
Targets: 22,950, 23,000, 23,050
Stop-Loss: Below the low of the 15-minute candle that closed above 22,900
Sell Strategy:
Sell Below: The low of the 15-minute candle that closed below 22,700
Targets: 22,660, 22,615, 22,565
Stop-Loss: Above the high of the 15-minute candle that closed below 22,700
Disclaimer:
I am not SEBI registered. This analysis is based on historical data and market trends. Past performance is not indicative of future results. Trading and investment involve risks, and you should conduct your own research or consult with a financial advisor before making any decisions.
Nifty - Possible end of bears controlFrom the ATH of 26151 Nifty is almost reaching its 10% correction value @ 22635
Area of 22650 to 750 also happens to be the last strongest support point
At this level it can be make or break situation for nifty
Will be good to take a bullish bet with 22600 as ultimate SL(Closing basis) as the PE premiums are soaring high
It may be a risky call but Risk to Reward is excellent
Will wait for the index to show some clarity in lower time frames (15 / 30/ 60 m)
Nifty outlook for the yearNifty chart analysis for coming few months :
1. Overall trend still remains bullish but deep pullback now similar to 2021 ( marked in circle ) .
2. Market might come down to next support 22,500 - 22,600 at breakout point of election result day .
3. Weekly chart shows market respecting swing lows since 2020 . Last swing low is 21,200 . As long as market doesn't break swing low , current trend is bullish .
4. Decent price for long term investment and SIPs
Cheers !
Follow for more market insights ! =)
Nifty key levels for 22.01.2025Nifty key levels for 22.01.2025
If Nifty breaks the upper or lower range, we can expect momentum. The consolidation zone will be favorable for option sellers, while a breakout on either side will benefit option buyers.
Disclaimer:
I'm not a SEBI Registered financial advisor. These views are purely educational in nature. You are solely responsible for any decisions made based on this research.
Bearish Flag Pattern Breakdown in NiftyA Bearish Flag Pattern has been observed in NSE:NIFTY , signalling a potential downward movement. If this breakdown is successful, the following targets can be expected:
First Target: 22,550
Second Target: 22,000
Disclaimer:
This analysis is for educational and informational purposes only. It does not constitute financial advice. Market movements are subject to various factors, and trading involves significant risk. Always conduct your own research or consult with a professional financial advisor before making any investment decisions. NSE:NIFTY