Nifty 50 : Trendline Support Holding, 50 EMA Still the Big TestOverview
Quick weekend look at the bigger picture on Nifty. On the weekly chart, two things stand out right now: a rising trendline support that's been holding nicely, and a resistance zone around the Weekly 50 EMA that price keeps trying (and failing) to clear.
What's Happening
Since the March low, Nifty has been climbing steadily along a rising trendline, currently sitting under the price. That trendline has done its job well so far — every dip toward it has found buyers.
At the same time, p
Rangebound
NSE:NUVOCO | Multi-Year Accumulation Base: VolatilityContraction### 📊 Executive Summary & Market Structure
An analysis of Nuvoco Vistas Corporation Limited (NSE: NUVOCO) on the weekly (1W) timeframe reveals a structural transition phase. The stock has been locked in a well-defined horizontal regime/sideways consolidation box since 2022. According to classical technical principles outlined by Wyckoff and Edwards & Magee, extended consolidation phases serve as strong areas of capital accumulation. The structural premise here is clear: the duration of a lateral
Nifty 50 Building a Fragile Base [Market is Silent for A Reason]Probable Price Structure and Scenario Analysis for the Nifty 50 NSE:NIFTY Index.
The market has been non-trending for a long time. Thus, non-directional trading has been the new normal. Technically, the market is in a bearish to indecision zone. However, bears are failing to bring momentum. Too much silence often brings uncertain movements. Presently, Nifty 50 is probably building a base, which is fragile. It means that though there is no bearish setup, price is receiving good support in t
Doji Formation (Indecision Candles) is the New TrendFor the past four weeks (3rd week of June to 2nd week of July), Nifty 50 NSE:NIFTY has shown extreme range-bound volatility. The volatility imprinted each week has built a culture of forming "Doji (s)" or indecision candles. In one instance, there is also evidence of a green spinning top. Even the green spinning top is considered an indecision candle. Thus, for the past four weeks, traders have been through a roller-coaster ride.
The article aims to understand the present culture of how th
The Elliptical Consolidation [Weekly Analysis: 13 - 17 July, 26]The Nifty 50 Index NSE:NIFTY has been in a range-bound consolidation since the 12th of June, 2026. To extend the range of analysis, it can be observed that the market is in the same range since the 08th of April, 2026. Thus, for the past four months, the Nifty 50 index has been in a sideways consolidation. It has been a painful journey for both the investors as well as the traders.
Contracting the range of price action, if we observe the range-bound consolidation since the 12th of June till
HOW-TO: Identify Reversals, Breakouts & Sideways in Nifty Index This tutorial explains a practical approach to identifying three key market conditions — reversals, breakouts, and sideways/range-bound markets — using auto-generated support/resistance levels. Based on a real Nifty 15-minute chart.
Markets: Nifty 50
Timeframe: 15-minute intraday
Part 1: Current Market Setup
From the chart:
Resistance Zone: ~24,200 (marked as "Reversal" on chart)
Middle/Range Zone: 24,000-24,100 (marked as "Sideways/Range" on chart)
Support Zone: ~23,800 (marked as "Reversal
Range Bound Market Structure Overview
This chart highlights a well-defined range-bound market structure where price continues to trade between a key support zone and a major resistance zone. Multiple reactions from both levels indicate that buyers and sellers remain in equilibrium, with neither side gaining a decisive advantage.
------------------------------------------------------------
Key Price Action
• Resistance continues to reject upward price movement.
• Support remains a key demand zone where buyers step in.
PERSISTENT - STWP Equity SnapshotSTWP Equity Snapshot – PERSISTENT (Educational | Chart-Based Interpretation)
📌 Intraday Reference Levels (Structure-based)
Reference Price Zone: 6,542.5
Risk Reference (Structure Invalidation): 5,991.2
Observed Upside Zones: 7,204.06 → 7,645.09
📌 Swing Reference Levels (Hybrid Model | 2–5 days | Observational)
Reference Price Zone: 6,542.5
Risk Reference (Structural Breakdown): 5,715.56
Higher Range Projection (If structure resolves upward): 8,196.39 → 9,436.8
Key Levels – Daily TF
Support: 6,2
Northern Arc Capital | Daily Chart | Consolidation Price is consolidating between ₹250–270 after a strong recovery, indicating absorption near resistance rather than weakness.
🔹 Resistance: ₹270–275
🔹 Support: ₹250–255
🔹 Structure: Falling channel / flag after upmove
🔹 EMA Zone: Price holding near EMAs → volatility compression
👉 Sustained breakout above ₹275 with volume can trigger the next leg towards ₹300+.
👉 Breakdown below ₹245 will weaken the bullish structure.
Range Bound Intraday (Nifty)Nifty seems to be rangebound for the intraday with range of 25200 and 25000.
One can use option selling strategy to earn by selling the CE of the range high and PE of range low and earn with premium decay.
Untill, the range is broken and sustained the option decay must be the best strategy.
Note: This analysis is for Educational Purpose Only. Please invest or trade after consulting a professional financial advisor.
Nifty June Iron Condor Strategy–Range is Back Premiums are JuicyHello Traders!
Here’s a plan for calm minds who want to generate passive monthly income by leveraging the power of non-directional option selling. Based on the current Nifty structure and OI data, I’ve spotted a new range-bound opportunity — perfect for executing a safe, hedged Iron Condor setup.
Why This Strategy Now? (Based on Chart Analysis)
Resistance Zone: 25400-25500 (Heavy supply, multiple rejection visible)
Support Zone: 23400-23500 (Major bounce levels, strong OI support)
Ni
Range bound breakout in Bharti HexaNSE:BHARTIHEXA
A range-bound ATH breakout is about to happen in the daily time frame. There can be 2 possibilities for the breakout:-
It will straightway go for the breakout with some retracement
It can touch its previous support of 1300 & then bounce back to try for the next time.
Buy only after a strong confirmation with a strong bullish candle with a smaller wick between the range 1560-1580
Tgt for at least 200 points within 3-5 months.
Put a stop loss of recent swing or calculate the bas
Nifty on Radar - 27 MayNifty is likely to remain sideways or rangebound in the near-term with heavy call and put writing around the 23,000 mark
CMP - 22,957.10
Key Support : 22,750 - 22560
Resistance : 23,050 - 23,150
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
NIFTY DAILY - 19/3/2024Another choppy day, Nifty open lower and traded range bound thought the session.
Nifty has formed green body small candle with upper and lower shadow.
Nifty took support near 21900 for the fourth consecutive time.
Further levels for nifty will be 22115 will work as resistance level and 22831 will work as support level.
Today’s Advance Decline ratio of NIFTY50
Advance - 21
Decline - 29
FII Sell – 2051.09 crore
DII Buy + 2260.88 crore.
⚠️ Important: Always maintain your Risk & Reward Ratio.
MOL - 2 Years Downtrend / 1 year consolidation BreakoutMeghmani Organics Ltd
1) Time Frame - Weekly.
2) The Stock has been in a Downtrend since (May, 2022) & In a Consolidation since (January, 2023) . Now It has given a consolidation / downtrend breakout & Closed with good bullish momentum in Weekly Time Frame.
3) The stock will find it's next resistance around the price 112.75 (13.75%) from the price 99.15.
4) Recommendation - Strong Buy
FCL Fineotex - 1.5 years consolidation Breakout / All Time HighFineotex Chemical Ltd
1) Time Frame - Weekly.
2) The Stock has been in a consolidation since (September, 2022). Now It has given a breakout & Closed at it's All Time High with strong bullish momentum in weekly time frame.
3) The primary trendline will act as a resistance around the price 577 in the short term.
4) Recommendation - Strong Buy
Bank Nifty Analysis 17th Jan'24As mentioned previously avoid and beware of false break outs and traps same happend today in morning unable to break 48280 to 42300 false breakout and then back to days low at 48000
Stills looks buyer have controlled from falling below 48000. looks tomorrow may have gap opening in Bank nifty.
See Bank nifty also making range between support & resistance keep eye on opening for tomorrow also expiry may turned out to be trend day.
Support 48000
Resistance 48200 to 42300
Bank Nifty Simple Analysis- Bank nifty took support today tried going up side making range bound in second half. and trapped many with volatile moves.
- May take dip before going up till 42100 to 42200 or stay range bound
- bullish move can be expected if cross 42350 and sustain. Bounce is expected till 42600 in coming days
Nifty: Chart set up and important levels for 12 Oct 2012Since Oct 5, it was suggested a short covering rally can be expected above 19482. Even after Israel-Palestine situation, I had suggested that if Brent crude is below $90, then we would bounce back after an initial knee jerk reaction.
That is what we have seen. After a reaction on Monday, Nifty has rallied roughly 345 points in the last 2 days.
Open Interest has come down by 8.18% (4.24% on Wednesday and 3.94% on Tuesday) suggesting that the current rally is a Short covering rally.
However C
Tata Chemicals rangebound Tata chemicals has formed a beautiful symmetrical triangle pattern and requires traders to trade the range, buying at the lower trend line and selling at the higher. It has also formed a golden cross- When 50EMA passes 200EMA from below showing bullish nature.
A break of the lower trend line will see an end to the trade, making it a risky one.. Hence we should position size in a smart way.
What is position sizing?
It is when you first add half your position to check If the market is saying























