NIFTY Triangle Consolidation I Is Nifty Going to burn?
Pro Tip
A decent red candle close below the current 15m chart consolidation
Stoploss at Entry Candle high
Wait For close Below the Entry Line (22,511.80)
Use Swing High or 10-EMA to trail Profits
Use the Entry Line to navigate Entry
Pro Tip - Option Traders
Use At the money Option strike price
Can use Straddle Strategy where we can use ATM Strike price of
22,500 or 22,600 CE & PE BUY
Target 1 - 22,436 Target 2 - 22,450
Technical View
A textbook breakdown of a head and shoulder And a retest pattern.
A Triangle Breakdown
An Inverted Penant on 1H Chart
Fundamental View
Market outlook
The U.S. stock market experienced a significant downturn on Friday, February 21, 2025, primarily due to several economic and policy-related concerns:
Economic Growth Worries: New data indicated slowing business activity and weakening consumer sentiment in the U.S., raising concerns about economic growth
Inflation Concerns: Persistent inflation and a high five-year inflation forecast contributed to investor anxiety.
Trump's Policies: Worries about President Donald Trump's policies, including potential tariffs, further unsettled investors.
Disappointing Earnings: Walmart's weaker-than-expected earnings guidance added to fears of slowing consumer demand.
On Friday, the S&P 500 fell by 1.7%, the Dow Jones Industrial Average dropped by 1.7%, and the Nasdaq Composite declined by 2.2%
Impact on Indian Markets
The U.S. stock market crash can affect Indian markets in several ways:
Global Economic Sentiment: A downturn in U.S. markets can lead to a decrease in global investor confidence, potentially impacting Indian equities.
Foreign Institutional Investor (FII) Selling: Persistent FII selling in Indian markets, partly due to global economic uncertainties, has already been a significant factor in recent declines.
Trade War Fears: Trump's tariff policies could exacerbate trade tensions, affecting Indian companies with exposure to global trade, particularly in sectors like pharmaceuticals and automobiles.
Inflation and Economic Growth: Rising crude oil prices and concerns over U.S. economic growth can also impact India's inflation and trade deficit, affecting market sentiment.
Not an Investment Advise
