NIFTY Here are the four possible scenarios I’m tracking:
1. Pullback from 25,900–26,000 zone → Immediate resistance area where sellers may step in. → Possible short-term dip toward 25,500–25,300.
2. Extension to 26,200 before correction → Nifty may stay overbought for 1–2 sessions. → Could trap late buyers before a sharp retracement.
3. Pullback & bounce from 25,500 → Healthy mid-range correction; structure remains bullish. → Watch for volume support or reversal candles around this zone.
4. Deeper correction to 25,300 (BB median) → Stronger profit booking; RSI likely cools off. → Could offer a good re-entry point if market sentiment stabilizes.
Till now NIFTY has respected our levels, it has given 1291p upside move since 29sept. Chart looks bullish, if it sustains above 25650 then there is probability of another upside move. See the markings on this daily chart carefully before entering. It is moving above 9ema at 1hr and daily, but looks bit stretched at DTF.
NIFTY looking t the Nifty 50 outllook. It looks stable and breakout is on the charts. Longter trend is going to shift on the upside with the Max target of 28225 by June 2026 but before that breaking an all time high of 26277 would be a challenging hurdle for NIFTY and we may see sideways or rangebound market near ATH. Short term Target would be ATH of 26277 and breaking further would lead Nifty to 27572 on swing rise.
NIFTY GOOD afternoon all and wishing you all a happy and prosperous happy diwali.. nifty if manage to give candle close above 25915 in atleast 15 mins time frame then ce would be advisible to buy.. As per volume momentum and oi data market should be range bound below 24900 to 24825 , short term trade setup short on rise buy on dips use proper strict sl Or wait for confirmation candle either side for breakout or breakdown up side target seems to be 26075 downside expected target 25725-745
NIFTY kal muhurat trading you can place buying..but for today premium will shrink so stay away from option buying ..don't lose ur capital in this Diwali ..
NIFTY Here are the four possible scenarios I’m tracking:
