Get started

Topdownanaylisis

NIFTY 50 – Top-Down Analysis Amidst Tariff TurbulenceWith global markets shaken by Trump’s recent tariff rhetoric, it's time we zoom out and analyze what Nifty 50 is actually saying — from a multi-timeframe lens. Price tells a story, and here's how it's unfolding across the Monthly, Weekly, and Daily charts: 🟩 Monthly Chart (1M) – The Bigger Picture The macro trend is nearing a critical MTF decision point. 🔁 This is the make-or-break zone for the larger structure. 🟥 Weekly Chart (1W) – Bearish Momentum Still in Play Structure is currently bearish, with lower highs and lower lows. 🧠 Key Thought: Don’t assume trend change without structure breaking clearly. 🟧 Daily Chart (1D) – Battle Zone Price action is noisy but insightful. We have a potential bullish scenario unfolding — but it’s fragile Only bullish structure is if price defends recent lows and breaks above resistance in a clean impulse-retrace-impulse fashion. Despite external triggers like Trump’s tariff announcements, the technical structure across timeframes is telling us one thing: ⚠️ “No bias until structure confirms.”
NSE:NIFTY
by Averoy_Apoorv_Analysis
5
#NIFTY50 - Analysis for 16th August, 2023 ©Hello Pivster's ★ •As we saw Nifty50's initiative sellers applying an emergency brakes as soon as the Adani-SEBI verdict got postpone. •But, do you see a beautiful ' double bottom ' (M-pattern) been formed and completed it's target in confluence to a major support 19300. ⇲ My Pivot Auction Chart is posted below for reference: Now that we have a general overview in place let's see what is the anticipation for tomorrow's market movement ↓ ⌖ In case of a GAP-UP: ␥ CASE -1: IF we see a gap-up opening above or near PDH then a reversal for the Bullish GPZ magnet can come and then-on the situation is to be monitor'ed. ␥ CASE -2: IF we see a gap-up opening in between PDH and PDC then the movement can be slow towards the DH3 cam level which also has WH3 responsive sellers waiting there for a quick down push towards PDC and if it is protected then it can shoot-up to trap the weekly sellers. ⌖ In case of a GAP-DOWN: ␥ CASE -1: IF we open gap-down near to the bottom of the GPZ or below the GPZ then the broader sellers in the ongoing trend might trap the buyers near a bounce to Daily Pivot and aggressive selling can be seen once the previous session buyers are trapped and a cartel of different TF sellers would be active and bash the index like Newton's Apple towards the major support level 19300. ␥ CASE -2: IF we see a gap-down opening near or below the Daily Pivot or L3 cam level then we can see a bounce from yesterday's weekly responsive buyers protecting the GPZ and once the GPZ is taken out we would see further momentum by these participants getting joined in by daily responsive buyers too So, I wish you are equipped with all the needed information for the coming trading session and i wish a bucket full of profits for everyone 🥂 Lastly, if you liked it and found useful share it everywhere with your fellow-traders/friends/family etc... 🫶 Regards, Mukkull
NSE:NIFTY
by PivotMinati
3
M&M's 'wicky' price actionPrice action on the Mahindra & Mahindra (M&M) chart has been similar for the last three days. High volume in the first hour of the day followed by cooling off for the rest of day as can be seen on the 15m chart attached. This price action has led to a top wick on the daily candle with higher volume on each day. This is also supported by Bearish Divergence on the daily RSI. It is highly possible that the bulls have been trapped and that stock may see a correction in the coming days. Watch out for a bear push downward. It looks like a good candidate to sell if the price action indicates bearish momentum.
NSE:M&MShort
by vipulmehta817