If NIFTY sustain above 24757/78 then 24811/13/18/32 above this bullish then 24993/07 above this more bullish 24972/98 to 25008 then wait
If NIFTY sustain below 24718 to 24692 below this bearish then 24622 to 24594 below this bearish then 24552 to 24548 support then 24482/46 again a support then 24432 to 24378 very good support then 24216 to 24189 very very strong support and last hope below this more bearish then wait
My view :-
My analysis is for your study and analysis only, also consider my analysis could be wrong and to safeguard the trade risk management is must,
The market appears poised for a notable pullback, which I believe will ultimately establish a "buy-on-dip" scenario. My view is that Foreign Institutional Investors (FIIs) need to make one more round of purchases at lower levels before they begin their final profit booking for the financial year. This selling pressure could intensify from mid-September, potentially following the weekly expiry around the 16th, as they look to close out their books by September 30th.
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
If NIFTY sustain below 24718 to 24692 below this bearish then 24622 to 24594 below this bearish then 24552 to 24548 support then 24482/46 again a support then 24432 to 24378 very good support then 24216 to 24189 very very strong support and last hope below this more bearish then wait
My view :-
My analysis is for your study and analysis only, also consider my analysis could be wrong and to safeguard the trade risk management is must,
The market appears poised for a notable pullback, which I believe will ultimately establish a "buy-on-dip" scenario. My view is that Foreign Institutional Investors (FIIs) need to make one more round of purchases at lower levels before they begin their final profit booking for the financial year. This selling pressure could intensify from mid-September, potentially following the weekly expiry around the 16th, as they look to close out their books by September 30th.
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.