Market indices
#Nifty Weekly 29-12-25 to 02-01-26#Nifty Weekly 29-12-25 to 02-01-26
25920-25980 is the Support and 26280-26320 is the Resistance for next week.
Option Sellers can consider the range 25920-26320 for next week.
Ideal trade would be, check for any sign of reversal from support in lower timeframe and long with confirmation.
If Nifty reverses from support, Targets on upside are 26150/26300.
Short level is only below 25880 for the targets of 25780/25580.
View: Sideways to upside.
NIFTY : Trading levels and Plan for 29-Dec-2025📘 NIFTY Trading Plan for 29-Dec-2025
(Chart reference: 15-min | Gap criteria considered: 100+ points)
Key Levels to Track (from chart)
Major Upside Resistance: 26,265.35
Last Intraday Resistance: 26,186.00
Opening Resistance: 26,099.00
Opening Support Zone: 25,979 – 26,040
Last Intraday Support: 25,920.00
Lower Support (Extreme): 25,834.00
🟢 1. GAP-UP OPENING (100+ Points)
If NIFTY opens above 26,099, price will start the session close to a short-term supply area.
🎓 Educational Explanation:
Gap-up openings reflect overnight bullish sentiment, but early profit booking near resistance is common. Strong continuation usually requires acceptance above resistance or a pullback-and-hold. Chasing the opening candle often results in poor risk-reward.
Plan of Action:
Wait for 10–15 minutes to check acceptance above 26,099.
If price sustains above 26,099, look for pullback-based long entries.
Upside targets remain 26,186, followed by 26,265.35 on strong acceptance.
Rejection near 26,186–26,265 may trigger a pullback toward 26,099.
Option buyers should prefer ATM / ITM Calls only after confirmation; avoid chasing far OTM CE.
🟡 2. FLAT OPENING
A flat open near 26,020–26,060 places NIFTY inside the Opening Support Zone (25,979–26,040).
🎓 Educational Explanation:
Flat openings indicate balance between buyers and sellers. Direction usually emerges only after a clear break of the opening range. Trading inside this zone without confirmation often leads to whipsaws and option premium decay.
Plan of Action:
Sustaining above 26,099 shifts bias bullish toward 26,186.
Failure to cross 26,099 keeps the market range-bound or weak.
Breakdown below 25,979 signals weakness toward 25,920.
Watch for bullish rejection candles near 25,979–26,040 for bounce trades.
🔴 3. GAP-DOWN OPENING (100+ Points)
If NIFTY opens below 25,979, early sentiment turns cautious to bearish.
🎓 Educational Explanation:
Gap-down openings are often emotion-driven. However, strong demand zones attract short-covering and value buying. Selling blindly into support increases the probability of getting trapped.
Plan of Action:
First support to watch is 25,920 — observe price behaviour and candle structure.
Breakdown and acceptance below 25,920 opens the downside toward 25,834.
Strong bullish reversal signals near 25,834 may lead to a sharp intraday bounce.
Any pullback toward 25,979 after breakdown can be used as a selling-on-rise opportunity.
⚙️ Risk Management Tips for Options Trading 🛡️
Avoid trading the first 5–10 minutes during gap openings.
Do not buy options at resistance or sell at support without confirmation.
Use a time-based stop-loss (15–20 minutes) if premium doesn’t move.
Risk only 1–2% of total capital per trade.
Prefer ATM options or defined-risk spreads to manage theta decay.
Book partial profits near marked resistance/support zones.
🧾 Summary & Conclusion
Above 26,099: Bulls stay active; targets 26,186 → 26,265.
Between 25,979–26,099: Market remains balanced; patience required.
Below 25,979: Sellers gain control unless buyers defend 25,920 / 25,834.
Focus on price behaviour at predefined levels, not predictions.
Consistency comes from discipline, confirmation, and risk control.
⚠️ Disclaimer
I am not a SEBI-registered analyst. This trading plan is for educational purposes only and should not be considered financial or investment advice. Please consult your financial advisor before taking any trades.
Nifty 50 PredictionKey Levels to Watch (Critical)
🔴 Resistance Zone
26,100 – 26,300
Multiple rejections
Upper wedge line + horizontal resistance
🟢 Support Zones
25,600 – 25,500 → first breakdown support
25,000 – 24,800 → strong demand zone
24,300 – 24,000 → major structure support (worst case)
🚀 Possible Scenarios (Next Move)
✅ Scenario 1: Bullish Breakout (Less probability but strong if happens)
Daily close above 26,300
Volume expansion required
🎯 Targets:
26,700
27,200
27,800 (extended)
📌 Strategy:
Buy only after confirmation, not inside wedge
❌ Scenario 2: Bearish Breakdown (Higher probability ⚠️)
Breakdown below wedge support (~25,600)
Daily close below support
🎯 Targets:
25,000
24,800
24,300
📌 This will be a healthy correction, not trend reversal
Nifty Hero Zero Option TradeHERO or ZERO
Nifty
Dec 2025
26ooo CE
CMP 45
add 1 lot at cmp
1 lot near 39
2 lots near 35
+/-3
SL
Risky Traders 0
Safe Traders 18
Expected Target
Between 60 & 115 >> Probably more
Strictly Maintain SL & TSL
if you're iN the trade or Just keep a watch >>> Don't miss to BOOST 🚀 this idea
Sensex - Weekly review Dec 29 to Jan 2The price has filled the gap in the 85000 zone. If it sustains 85k, then it can move up towards 85600. Nearby support is at 84700.
If the price opens around 84700 and shows a bullish sign, then it will move towards 85000.
If the price opens flat, buy above 85060 with the stop loss of 84900 for the targets 85180, 85300, 85440, 85600, 85760, 85900, 86040 and 86200.
Sell below 84700 with the stop loss of 84860 for the targets 84560, 84400, 84260, 84120, 83980, 83840 and 83680.
Always do your analysis before you take any trade.
Nifty Intraday Analysis for 29th December 2025NSE:NIFTY
Index has resistance near 26175 – 26225 range and if index crosses and sustains above this level then may reach near 26400 – 26450 range.
Nifty has immediate support near 25875 – 25825 range and if this support is broken then index may tank near 25650 – 25600 range.
F&O Expiry for the month of December 2025 is on Tuesday, and the unwinding of contracts may lift the index into positive territory with volatility.
#NIFTY Intraday Support and Resistance Levels - 29/12/2025A flat opening is expected in Nifty 50, with the index trading around the 26,050 zone, which is acting as a short-term equilibrium and consolidation area. After the recent corrective move from higher levels, price has stabilized and is now moving sideways, indicating a pause in momentum where both buyers and sellers are evenly matched. This confirms that the market is in a consolidation phase and is waiting for a clear directional trigger.
On the upside, the 26,050–26,100 zone remains the immediate resistance and a crucial breakout level. If Nifty manages to sustain above this zone, long positions can be considered with upside targets placed at 26,150, 26,200, and 26,250+. A decisive breakout above this resistance may attract fresh buying and short covering, leading to a continuation toward higher levels.
On the downside, the 25,950 level is the key support to watch. A breakdown below this level may increase selling pressure, opening the path for short trades with downside targets at 25,850, 25,800, and 25,750-. Until a confirmed breakout or breakdown occurs, traders should continue to focus on range-bound strategies, trade near support and resistance, and maintain strict risk management in this consolidation-driven setup.
Saturn Retrograde Effect in The Metal SectorFriends, Metals are the hidden framework beneath India's buildings, bridges, railways, and factories. Whenever you see steel girders in a city skyline, aluminum window frames in a modern apartment, or copper wiring in a house, you are seeing metal at work.
This industry is broadly divided into ferrous (steel) and non-ferrous (aluminum, copper, zinc, lead) metals. Steel supplies long products and flat products for construction and infrastructure. Aluminum and copper are used in transportation, renewable energy, and electrical equipment. In addition, there are several specialty metals: stainless steel, zinc, and specialty alloys. Each segment has its own unique demand characteristics.
India's "Build India, Make in India" campaign is emphasizing large housing programs and infrastructure spending, while global shifts in supply chains are boosting the metals sector. Globally, reduced supply from China, export bans, scrap shortages, and the EV transition are major demand drivers.
Why Metal Stocks?
The Backbone of Infrastructure and Manufacturing Growth
Both infrastructure and manufacturing depend heavily on metals. As India builds more roads, industrial parks, and factories, the demand for metals increases.
Growing Export Opportunities
Domestic demand is one side of the story; the other is export potential. When global metal prices rise, or supply is constrained elsewhere, Indian producers often benefit. This export support gives metal stocks even more momentum.
Long-Term Demand from Renewable and EV Sectors
The gradual shift towards renewable energy and electric vehicles highlights metals like aluminum (for lightweight bodies) and copper (for wiring and motors). Therefore, metal stocks aren't just about commodity cycles—they're also about the technologies of the future.
These are all somewhat fundamental and technical points. Let's understand how Saturn affects the metals sector, which is today's topic and issue.
In Vedic astrology, Saturn (Shani) rules heavy metals like iron, steel, and lead, so its retrograde (Rx) periods often bring delays, corrections, or volatility to the metal sector
The relationship between astrology and the stock market is a controversial yet popular topic, known as Financial Astrology. Many believe that the movements, transits, retrogrades, and aspects of planets influence market fluctuations, while from a scientific perspective, it is considered a pseudoscience.
Planetary influence: According to astrologers, the market is driven by human emotions (greed, fear, hope), and the planets influence these emotions.
Mercury: The planet of trade, communication, and decision-making – Mercury retrograde can lead to market volatility or decline.
Jupiter: The planet of expansion and wealth – a favorable position can indicate a bull market.
Saturn: The planet of structure and long-term investments – Saturn transits can bring about structural changes.
Rahu and Ketu: Associated with sudden fluctuations and speculation.
Lunar phases: Buying on the new moon, selling on the full moon – some studies have found a correlation between lunar cycles and returns.
In Vedic astrology, Saturn (Shani) rules heavy metals like iron, steel, and lead, Mining, Oil/Petroleum, Leather, Coal, Infrastructure, Cement.
Normally retrograde (Rx) periods often bring delays, corrections, or volatility to the sector. But Especially Retrograde Saturn continues to maintain its strong presence in the metal sector.
Saturn, the planet associated with discipline, karma, structure, and long-term lessons in astrology, appears to move retrograde (backward) from Earth's perspective once a year for about 4.5 months.
{In 2025, Saturn's retrograde period is:
Stations retrograde: July 13, 2025 (at approximately 1° Aries)
Stations direct: November 27–28, 2025 (at approximately 25° Pisces)}
You can see that every year when Saturn goes retrograde, a bull run begins in the metal sector. This positive trend only encounters problems when Mars is in conjunction with Saturn or in a 6/8 aspect with it; otherwise, you can see the beginning of a rally in the metal sector during every retrograde period, as shown in the chart.
The main point is that due to retrograde Saturn, the metal sector experiences significant growth, whether it's gold/silver/ aluminum or iron. And if you pay a little attention, these 140 days can be very beneficial for you.
Nifty 50 Price Structure Analysis [29/12/2025: Monday]Top-Down Nifty 50 Price Structure Analysis for 29th of December 2025. The day is Monday.
(1) Monthly Time Frame:
The candle is a red paper umbrella or a hanging man. Also, the candle is inside the previous month's candle. The long-term trend is bullish, but the short-term trend is indecisive. Major resistance is 26200. Minor support is 26000. Major support is 25800. The view is indecision.
(2) Weekly Time Frame:
Nifty has successfully wasted 10 weeks in the same range (25700 - 26300). A 600-point range-bound consolidation is painful for directional traders. It is a good market for non-directional traders. Presently, the candle is a red gravestone doji. There is huge selling pressure in the zone of 26200. Major resistance is 26150. Take no bullish trades until price forms a higher highs and higher lows structure above the level 26150. Every up move should be doubted. Level 26000 is a weak support. Price sustaining below the level 26000 can pull the price down to the level 25900. The view is indecision to bearish.
(3) Daily Time Frame:
Structurally, the bulls are tired. In the daily time frame, the price is forming a complex triple top or head and shoulder (H&S) pattern. The price got multiple rejections from the levels - 26200, 26150, and 26100. Every up move should be doubted. Do not think of taking bullish trades unless the price forms a higher highs and higher lows structure above the level 26150. Weak support is 26000. If level 26000 is decisively broken, then there is a higher chance of the price reaching down to level 25900. Additionally, if level 25900 is decisively broken, then level 25800 would be a high probability target. The view is bearish.
(4) 30-Minute Time Frame:
There is a clear sign of weakness. The major resistance zone is (26150 - 26100). Weak support is 26000. Major support is at level 25900. There are multiple unfilled gaps below the level 26000. Take no bullish trades unless the price decisively starts to trade above level 26150. Initiate bearish trade the moment level 26000 is broken. The view is bearish.
Bullish Scenario Set-Up:
(i) Price sustains above the opening price.
(ii) Price starts to decisively sustain above the level 26150.
Bearish Scenario Set-Up:
(i) Price sustains below the opening price.
(ii) Price starts to decisively sustain below the level 26000.
(iii) If level 26000 is broken, then level 25900 will be a high probability target.
(iv) If level 25900 is also broken, then level 25800 will be a high probability target.
No Trading Zone (NTZ): (26150 - 26000)
Event: No expiry. But the day after is the Nifty 50 monthly expiry.
Summary of the Trading Plan (Hypothesis and Insights):
(i) Monthly TF bias is indecision.
(ii) Weekly TF bias is indecision to bearish.
(iii) Daily TF bias is bearish.
(iv) 30-Minute TF bias is bearish.
(v) Establish intraday bias with respect to the opening price.
(vi) The market is in a complex range-bound consolidation for 10 weeks. Thus, market structure is cracked, non-directional, and indecisive.
(vii) Bulls are tired while bears are slowly gaining strength. Technical patterns like complex triple top and head and shoulder (H&S) are visible.
(viii) Every up move should be doubted. Presently, a bearish bias is the path of least resistance for the market.
(ix) Think of bullish trades only when the price sustains above level 26150.
(x) Initiate bearish trades when level 26000 is decisively broken. Level 25900 is a high probability target.
(xi) If level 25900 is also broken, then level 25800 is a high probability target.
(xii) Major resistance (supply) zone: (26150 - 26100).
(xiii) Major support (demand) zone: (25850 - 25800).
(xiv) No Trading Zone (NTZ): (26150 - 26000).
(xv) Monthly expiry is near. Also, the quarter (the 3rd quarter of the financial year) is ending. Thus, we can expect major price anomalies and chaos.
(xvi) Trade only when bullish/ bearish conditions are fulfilled. Remember, not trading is an extension of the trading activity.
NOTE:
"Mark your points. Trade your points. Price is God. Anything can happen in the markets. Therefore, trade what you see, not what you believe."
Happy Trading!
NIFTY KEY LEVELS FOR 29.12.2025NIFTY KEY LEVELS FOR 29.12.2025
Timeframe: 3 Minutes
If the candle stays above the pivot point, it is considered a bullish bias; if it remains below, it indicates a bearish bias. Price may reverse near Resistance 1 or Support 1. If it moves further, the next potential reversal zone is near Resistance 2 or Support 2. If these levels are also broken, we can expect the trend.
When a support or resistance level is broken, it often reverses its role; a broken resistance becomes the new support, and a broken support becomes the new resistance.
If the range(R2-S2) is narrow, the market may become volatile or trend strongly. If the range is wide, the market is more likely to remain sideways
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📢 Disclaimer
I am not a SEBI-registered financial adviser.
The information, views, and ideas shared here are purely for educational and informational purposes only. They are not intended as investment advice or a recommendation to buy, sell, or hold any financial instruments.
Please consult with your SEBI-registered financial advisor before making any trading or investment decisions.
Trading and investing in the stock market involves risk, and you should do your own research and analysis. You are solely responsible for any decisions made based on this research
Nifty - Monthly expiry analysis Dec 30Last Nifty expiry day analysis for this year. The price has broken the psychological support zone at 26000 today. Nearby support is seen at 25900, and the pattern rounding the top will be complete at 25700.
Buy above 26060 with the stop loss of 26000 for the targets 26100, 26140, 26200 and 26240.
Sell below 25880 with the stop loss of 25940 for the targets 25840, 25800, 25760 and 25720.
Expected expiry day range is 25800 to 26100.
Always do your analysis before taking any trade.
NIFTY Levels for TodayHere are the NIFTY's Levels for intraday (in the image below) today. Based on market movement, these levels can act as support, resistance or both.
Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop loss) for each SELL trade should be the previous GREEN candle above the given level.
Note: This idea and these levels are only for learning and educational purpose.
Your likes and boosts gives us motivation for continued learning and support.
NIFTY Set to Sign Off 2025 Quietly—Could 2026 Bring a Rally?As we enter the last week of 2025 and approach the first week of 2026, Nifty is doing something familiar—consolidating in a tight range.
Everything looks calm at first glance: volatility is very low (India VIX at 9.15), trading volumes are light, and price changes are small. But history shows that such calm often comes before a big move.
◉ What it means actually?
● Nifty near lifetime highs, but breadth remains weak
● Low volatility → calm market, but risk of sudden moves
● Traders aren’t chasing the market, they’re waiting for a trigger rather than pushing prices higher.
◉ Technical View
● From a technical standpoint, Nifty continues to trade within a rising wedge pattern, which carries bearish implications in the short term.
● Looking at the broader structure, a cup-and-handle pattern is forming, typically pointing to a potential upside move once the neckline is decisively breached.
◉ Important Levels to Watch
● Immediate Resistance: 26,100 - 26,200
● Immediate Support: 25,900 - 26,000
Strong breakout or breakdown from here will decide the next big leg.
◉ Looking Ahead
As 2026 begins, markets will closely track:
● FOMC minutes, which could influence global rate expectations.
● Rupee movement and FII flows, key drivers of short-term sentiment.
◉ Strategy Insight
Until fresh catalysts emerge, markets may stay range-bound as they digest year-end positioning. With volatility compressed, stock-specific strategies and relative-strength setups may offer better opportunities than broad index trades.
NIFTY Ready to Fly - Double Bottom BreakoutNIFTY Trade View (Technical):
Pattern : Double Bottom
Status : Breakout confirmed
Target : 26,310
Stop Loss : 25,900
Quick technical context:
A double bottom breakout generally signals trend reversal / continuation strength, especially if it’s supported by:
Strong closing above the neckline
With SL at 25,900 , the setup offers a defined risk, which is good discipline.
Risk note (important):
Markets can be volatile, and false breakouts do happen—especially near all-time highs. Trailing the stop loss if price moves in your favor can help protect gains.
More weakness coming in!?As we can see NIFTY had been falling unidirectionally from our supply zone as analysed. now we can expect NIFTY to fall even more covering the gaps and testing the trendline and act as a retest to trendline before finally taking support at the trendline and continuing its upmove so plan your trades accordingly and keep watching everyone.
Jupiter retrograde effect in the stock market (NIFTY-50)In financial astrology (also called astro-trading or mundane astrology applied to markets), Jupiter symbolizes expansion, optimism, growth, abundance, and bullish sentiment. When Jupiter is direct, it often correlates with outward momentum, confidence, and upward trends in indices like the Nifty 50.
Jupiter retrograde flips this energy inward: it's a period of review, reassessment, delays in expansion, reduced optimism, or a slowdown in growth. Astrologers commonly associate it with:
Contraction or caution in markets
Choppy, range-bound, or corrective phases
Reevaluation of over-optimistic positions (e.g., profit booking, reduced risk appetite)
Potential for lower highs or failure to sustain upward momentum rather than explosive new highs
This doesn't always mean sharp crashes (Jupiter is still a benefic planet), but it often tempers bullish euphoria and can lead to stagnation, pullbacks, or lower lows in sentiment-driven moves.
The latest annotations extend into 2025–2026, with the current price action near the upper range but showing recent downside pressure (-0.38% daily change).
In these highlighted retrograde zones, the Nifty tends to form:
Lower highs (failure to break and sustain prior peaks during the period)
Lower lows in some cases (deeper corrections or retests)
Overall, more defensive or corrective behavior rather than strong bullish continuation with fresh higher highs.
This aligns with common financial astrology views: Jupiter retrograde often correlates with higher highs being harder to achieve (expansion energy turns inward), leading to lower high formations or outright lower lows during reassessment phases.
Broader Observations from Financial Astrology Sources
Jupiter retrograde is linked to slowdowns in growth/expansion, reevaluation of investments, and sometimes declining sentiment (e.g., coinciding with corrections or bearish periods in historical examples like 2008).
Some traders note retrograde Jupiter can bring sudden jumps or reversals at onset, but the bulk of the period leans toward chop/consolidation rather than new all-time highs.
Direct motion (post-retrograde) often reignites optimism and rallies.
Summary Table of Typical Formation During Jupiter Retrograde (Based on Astro-Financial Interpretations & Your Chart Patterns)
Period (Approx from Chart) Dominant Price Action Observed Formation Type
2022 Retrograde Downtrend, sharp drops Lower highs + lower lows & again New High
2023 Retrograde Pullback after rally Lower highs, potential lower low & again New High
2024 Retrograde Range-bound, minor dips Lower highs (failure to sustain breakout), consolidation
Current/2025+ Recent downside pressure Likely lower high formation if momentum fades
Conclusion: In the context of your chart and financial astrology principles, Jupiter retrograde periods in the Nifty 50 more commonly lead to lower high formations (capped upside, reevaluation tops) or choppy action that sets up lower lows, rather than strong higher highs. Expansion slows, optimism retracts, and markets often consolidate or correct. It has generally been observed that an upward trend begins after 45 to 60 days, so we can expect the market situation to improve after January 15th 2026.
This is not a strict rule (markets have many drivers), but a recurring theme in astro-trading analysis. Always combine with technicals, volume, and macro factors for trading decisions.
Nifty 50 Weekly Analysis ( Elliott Wave Structure )Elliott Wave Structure
Completed & Ongoing Waves
Wave (A):
A corrective decline that ended near the 21,736 swing low.
This level acts as a major structural base for the current bull cycle.
Wave (B):
The market is currently completing Wave (B).
Price has rallied strongly from the swing low and is now consolidating near 26,200 – 26,300.
This zone aligns with:
Previous supply
Prior swing highs
Psychological resistance
Wave (C) (Projected):
Two scenarios are highlighted:
Shallow Correction:
A pullback toward the Demand Zone (~23,900 – 23,400).
This would maintain the broader bullish structure.
Deeper Correction:
A decline toward the 21,736 swing low if resistance rejects strongly.
Still considered corrective unless this level breaks decisively.
# Key Price Zones
Resistance / Supply Zone
26,200 – 26,350
Marked as a major supply zone.
Multiple rejections visible.
Overlapping with Wave (B) completion area.
A weekly close above this zone would confirm bullish continuation.
~Disclaimer~
High Risk Investment
Trading or investing in assets like crypto, equity, or commodities carries high risk and may not suit all investors.
Analysis on this channel uses recent technical data and market sentiment from web sources for informational and educational purposes only, not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before investing or trading.
This channel, Render With Me, is not responsible for any financial loss arising directly or indirectly from using or relying on this information.
Nifty - Weekly Review Dec 29 to Jan 2The movement from 25700 to 26200 and the pullback towards the 26000 support zone looks like a rounding top bottom formation in process. If the price reaches 25700, then the pattern will be complete, and then it will give a pattern breakout.
Buy above 26020 with the stop loss of 25960 for the targets 26060, 26120, 26200, 26260, 26320 and 26360.
Sell below 25880 with the stop loss of 25940 for the targets 25840, 25780, 25720, 25660, 25600 and 25540.
Daily candle shows bearish strength, but the price is still sustaining above 26000. Observe how the price is behaving at this zone before taking any trade.
Daily update - Nifty Analysis and Trading Strategy
NIFTY
Trade plan on NSE:NIFTY 50 INDEX : 30th Dec 2025
Technical Analysis Report: Nifty Index
Hourly Chart Analysis
The Nifty spot index is currently finding support at the 25,920 level, which corresponds to a key Fibonacci retracement number. Following the earlier upward movement, selling pressure has resumed in today's session.
Key Observations:
Limited signs of underlying strength in the current price action
Market appears oversold on the downside, suggesting potential for a temporary relief rally
Any upward movement may serve as a retracement before the next leg of selling commences
Daily Chart Analysis
The index has demonstrated clear bearish characteristics with concerning technical developments:
Critical Technical Factors:
Closing below the previous day's low indicates continued selling momentum
Failure to hold support at the 20-day Simple Moving Average (approximately 26,000 level)
Technical setup suggests potential for an additional 200-point decline
Outlook: No reversal signals have emerged as of today's close. The next 1-2 trading sessions will be crucial for identifying any potential trend reversal patterns. Tomorrow represents a critical juncture for observing early signs of stabilization or continued weakness.
Weekly Chart Analysis
The breach below the 26,000 level marks a significant shift in market sentiment toward the bearish side. However, given that this represents only the first trading day of the week, additional confirmation is required to validate the longer-term trend direction.
Summary & Trading Implications
All three timeframes currently exhibit bearish characteristics, with key support levels under pressure. Traders should monitor the 25,920 support level closely, while remaining cautious about any counter-trend movements that may prove temporary in nature. The coming sessions will be pivotal in determining whether current weakness represents a deeper correction or a temporary consolidation phase.
Risk Management: Consider defensive positioning until clearer reversal signals emerge across multiple timeframes.
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Disclaimer: Views expressed are my own and for educational purposes only. I am not a SEBI registered advisor. I may or may not have any position in the securities/instruments discussed. Please consult with a registered professional before making investment decisions.
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