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NIFTY

The Chart Talk - Nifty Rejection & Trendline Breakdown Welcome to The Chart Talk – What Market Told Us Today! by M Dhanushkumar As we discussed in yesterday’s Chart Talk, Nifty faced resistance at the same zone once again today and got clearly rejected from that level. After the rejection, the market moved sideways for a while, showing a lack of fresh buying interest. Later, we saw a trendline breakdown, giving a clear short trade setup, and Nifty slid nearly 114 points from the breakdown level — confirming the selling pressure. This session highlights how respecting key resistance zones and simple price action can give clean intraday opportunities. If you found this useful, hit the like, follow for daily Chart Talks, and share your views in the comments! 📈 Disclaimer: This analysis is for educational purposes only, not investment advice.
NSE:NIFTYShort
by MDSMARTTrader2022
Nifty Short & Medium Term Support&Resistance_22-Oct to 23-Oct-25Nifty Short & Medium Term Support&Resistance_22-Oct to 23-Oct-25 Nifty 25868 Long call was given two weeks before, Nifty very decisively crossed the 25000 resitance and moved up 1000 Points in the last week. Current Short Term Resistance are 26000 and 26269 ( all time high). It need to break the resistance 26269 decisively to move up to 28000 target in med-long term. Quarterly result started coming out slowly, HDFC Bank posted 10% profit, ICICI Bank posted 5% profit, Reliance posted 10% profit. HDFC AMC, Persistent Systems,Dixon, Waree Energies and Renewables, KEI, Polycab, ICICI Lombard and ICICI Pru posted good results. All these stocks are already gone up and PE is high. Hence the market also moved up last week. Forthcoming results will take the Index further up or down. Hence the strategy can be shifted to neutral from long. Overall, the Qtrly Results and Tariffs deal will decide the future path of the Nifty. Since it is a Volatile situation SIP route or buy in multiple parcel route with a goal of 3-5 years will workout. Recent 100% additional tariff on China got severe effect on US market on Friday, it will affect global other trade markets too on Monday. Mainly due to the uncertainty prevailing over. However, for India though initial drop market tend to move up to 25670 ( Jun 2025 all time high). Repo and FD rate reduction by RBI, people mandatorily have to choose Debt/Commodity/Equity as alternate in order to beat the inflation. Apart from that Low Cost ULIPs (2.5 L Limit per person) as one of the option to save the tax- ICICI & HDFC ULIPs are doing well, ULIPs are simplified and charges are lesser compared to MFs in terms of long term, Various fund option including passive funds are introduced. GST 2.0 is a reform which can aid in Auto/ FMCG / Home Appliances sales will get a boost due to the festival season. Since market is volatile, use the dips (Opportunity) and buy through SIP or through multiple parcel in these uncertain times with a goal of 3-5 years. Nifty Short Term Supports: 1.25200 ( 25154 Aug 2025 high) 2.25350 ( Fibonacci resistance shown ) 3.25450 ( 25442 is the Aug 2025 high) 4. 25500 ( 25441 Sep 18th 2025 High ) 5. 24700 (Trend Line as shown) 6. 24000-24170 (Fibonacci Retracements Supports- Two Supports in this zone 24116 & 24171 as shown) Medium Term Support: 1. 23500-23700 (Fibonacci Retracements Supports- Two Supports in this zone 23608 & 23707 as shown) 2. 23000 Resistance ( Multiple Resistances are there between 25000-25650): 1. 25000 2. Medium Term: 1.25670 ( Jun 2025 High) Should cross this resistance in short term decisively inorder to move up. 2.26269 ( Sep 2024 High)
NSE:NIFTY
by karthikss
Trendline Breakout and 1year high for NiftyNifty is at 1 year high at 25709 after making an yearly high of 25781.50. The trendline breakout has been achieved. All that we need for Nifty to grow from here is that the breakout should sustain. Also no negative news on Tariff front or any Geopolitical issue will be required for Nifty to forge its way ahead. Supports For Nifty: Supports for Nifty are at 25378 (Important Fibonacci support), 24865 and 24333 (Strong Mother line support of 52 weeks.) Resistances for Nifty are at: 25843, 26044 (Important Fibonacci resistance), 26277 (Previous All time high), 26529 (Fibonacci Golden ratio strong resistance) and finally 27470. After closing above 27470 doors for 28K will open directly. To know more about Fibonacci retracement, Mother Father lines and my Mother, Father small Child theory, Fundamental analysis and how to draw charts or use Techno-Funda analysis do read my book the Happy Candles Way To Wealth Creation rated 4.8/5 on Amazon. Things are looking good after a long time. Shadow of weekly candle is positive (Green). Hope some Geopolitical event or Tariff related news or weak earnings season does not spoil the chart again. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:NIFTYLong
by Happy_Candles_Investment
Strong Breakout for Nifty as it becomes a runaway train.After crossing the mid-channel resistance. Nifty has become a runaway train which has entered and overbought zone on hourly chart as it closed at 25585 with few critical resistances coming to fore. Channel top seems to be just near 26K at 25956. Other critical resistances are at 25586, 25698 and 25786 before it reaches 25956 or 26K. Support for Nifty at this juncture are at 25442, 25323, 25252 (Mother line support and the mid-channel support). Father line support is at 25064. Much required closing above 25500 has lifted the spirits of investors. With key resistances ahead and Nifty being overbought little correction or consolidation would be ideal before it can scale further heights. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:NIFTY
by Happy_Candles_Investment
Nifty Short & Medium Term Support&Resistance_13-Oct to 17-Oct-25Nifty Short & Medium Term Support&Resistance_13-Oct to 17-Oct-25 Nifty 24894 As predicted last week, Nifty very well hold the 24500 Support and currently moved near to the first resistance 25000. One more positive decisive break above Ist Short Term Resistance as given below in order market to move up. Quarterly result started coming out slowly, TCS posted average result, Warree Renewables posted vgood results (PE is very high) . Qtrly Results and Tariffs deal will decide the future path of the Nifty. Since it is a Volatile situation SIP route or buy in multiple parcel route with a goal of 3-5 years will workout. Recent 100% additional tariff on China got severe effect on US market on Friday, it will affect global other trade markets too on Monday. Mainly due to the uncertainty prevailing over. However, for India though initial drop market tend to move up to 25670 ( Jun 2025 all time high). Repo and FD rate reduction by RBI, people may have to choose Debt/Commodity/Equity as alternate in order to beat the inflation. Apart from that Low Cost ULIPs (2.5 L Limit per person) as one of the option to save the tax- ICICI & HDFC ULIPs are doing well, ULIPs are simplified and charges are lesser compared to MFs in terms of long term, Various fund option including passive funds are introduced. Market was on decline/ Consolidation mode recently because of new Tariff's imposed by Trump mainly on Pharma and IT - H1 B Visa and Tax for Outsourcing IT and the recent pharma tarrifs imposition. GST 2.0 is a reform which can aid in Auto/ FMCG / Home Appliances sales will get a boost due to the festival season. Since market is volatile, use the dips (Opportunity) and buy through SIP or through multiple parcel in these uncertain times with a goal of 3-5 years. Nifty Short Term Supports: 1. 24500 (Trend Line as shown) 2. 24000-24170 (Fibonacci Retracements Supports- Two Supports in this zone 24116 & 24171 as shown) Medium Term Support: 3. 23500-23700 (Fibonacci Retracements Supports- Two Supports in this zone 23608 & 23707 as shown) 4. 23000 Resistance ( Multiple Resistances are there between 25000-25650): 1. 25000 2. 25200 ( 25154 Aug 2025 high) 3.25350 ( Fibonacci resistance shown ) 4.25450 ( 25442 is the Aug 2025 high) 3. 25500 ( 25441 Sep 18th 2025 High ) Medium Term: 1.25670 ( Jun 2025 High) Should cross this resistance in short term decisively inorder to move up. 2.26269 ( Sep 2024 High)
NSE:NIFTYLong
by karthikss
Weekly Market Outlook | Nifty · BankNifty · S&P 500Nifty closed 25,285 (+390 pts) after making 25,330 / 24,881 — once again perfectly respecting my range of 25,300–24,500! 💪 As expected, BankNifty confirmed its W-pattern breakout, jumping 2% — strength clearly visible in the PSU bank pack. Next week focus • Above 25,450 → breakout toward 25,700+ • Below 25,130 → selling pressure till 25,000 / 24,850 Range for the week: 25,700–24,850 Shorters, stay patient — only if BankNifty cracks 55,700 does weakness confirm. Till then, it’s buy-on-dips for me. Global cue: Trump’s proposed 100% China tariff shook US & crypto markets — watch its spillover effect on sentiment. S&P 500 closed 6,552 (-160 pts). Holding above 6,360 = buy-on-dips; Above 6,625 → uptrend resumes. Below 6,360 → correction toward 6,225 / 6,142 / 6,100. Exciting week ahead for both momentum traders & option sellers!
NSE:NIFTY
by ssudhirsharma11
Uncertainty can prevail with latest Trump Tariff Tantrum.The chart indicates a Trend line resistance near 25323 which Nifty was set to overhaul but latest Trump Tariff Tantrum has potential to derail the progress again. This time the announcement is 100% tariff on China. Global markets, Crypto and Gift Nifty is showing weakness due to the announcement which will be effective from 1st November. Resistance for Nifty are at 25323 (Trend line resistance), 25438, 25565 and finally channel top at 25702. Supports for Nifty are at 25215, 25087 (Mother line support), 24987 (Father line support), 24922 and 24750 is the channel bottom support. Shadow of the candle was positive to neutral but this tariff announcement has turned it negative as of now. Let us see how the cookie crumbles next week. To know mover about Mother line, Father line, Mid channel support / resistance, Chanel top resistnace and channle bottom support, trend line support and resistance (To understand the role of Mother line and Father line) or to be able to draw resistances and supports based on historic peaks and valleys you can read my book THE HAPPY CANDLES WAY TO WEALTH CREATION. The book is available in Amazon in paperback or Kindle version and is rated 4.8/5. This book teaches you Techno-Funda investing. (Techno Funda investing means Knowing which are Fundamentally strong companies and investing / booking profits / staying invested in them based on Technical analysis). The book has some more unique features like rating a stock with the help of Happy Candles Number wherein you can give a stock marks out of 100 based on Techincal and Fundamental analysis you have learned by reading it. Thus you can know if the stock is currently investible or not based on the marks it scores out of 100. The book also covers various aspect of behavioural finance. Lot of people who have read the book consider it as a hand book to equity investing. Buy the book you will not be dissapointed as the book is reasonably priced. Search by the key words The Happy Candles Way to wealth creation and you will get it. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:NIFTY
by Happy_Candles_Investment
Nifty on the verge of a Trendline breakout. Nifty did a great job today by closing above a very important resistance of 25128. Now the major hurdle seems to be near the trendline which is near 25228. Once this range is crossed the next hurdles will be at 25306, 25431 and channel top near 25579. The supports for Nifty are at 25128. Mother line support near 25021 which is also a mid channel support. (Making this area a very strong support). Followed by 24965 (Father line support). If by chance father line support is broken we can see Nifty falling towards 24806 or even 24601 which is the channel bottom support. As of now the shadow of the candle seems to be positive (Green). To know mover about Mother line, Father line, Mid channel support / resistance, Chanel top resistnace and channle bottom support, trend line support and resistance (To understand the role of Mother line and Father line) or to be able to draw resistances and supports based on historic peaks and valleys you can read my book THE HAPPY CANDLES WAY TO WEALTH CREATION. The book is available in Amazon in paperback or Kindle version and is rated 4.8/5. This book teaches you Techno-Funda investing. (Techno Funda investing means Knowing which are Fundamentally strong companies and investing / booking profits / staying invested in them based on Technical analysis). The book has some more unique features like rating a stock with the help of Happy Candles Number wherein you can give a stock marks out of 100 based on Techincal and Fundamental analysis you have learned by reading it. Thus you can know if the stock is currently investible or not based on the marks it scores out of 100. The book also covers various aspect of behavioural finance. Lot of people who have read the book consider it as a hand book to equity investing. Buy the book you will not be dissapointed as the book is reasonably priced. Search by the key words The Happy Candles Way to wealth creation and you will get it. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:NIFTYLong
by Happy_Candles_Investment
Nifty Analysis EOD – October 6, 2025 – Monday🟢 Nifty Analysis EOD – October 6, 2025 – Monday 🔴 Bulls charge ahead, closing near the highs with firm control 🗞 Nifty Summary Nifty opened with a 35-point gap up, starting above the Previous Day High (PDH) — a sign of early bullish momentum. The first 15 minutes saw a quick gap-fill, followed by a steady and strong rally throughout the day. The index paused briefly at the 24,990–25,000 resistance zone, consolidated, and after breaking above 25,020, continued upward to test the next resistance level at 25,085. Despite multiple breakout attempts, this level held strong and acted as the day’s ceiling. Nifty finally closed at 25,072.55, very near the high of the day, confirming bullish strength and follow-through after the previous week’s recovery. Overall, today’s session displayed controlled bullish momentum, broad participation, and rising conviction. The day’s range was 214.30 points, exceeding the Gladiator’s Average Range (183.19) — signaling expansion and trend continuation. Now, the next hurdles for bulls lie at 25,115 and 25,240, both key structural resistance zones. 🛡 5 Min Intraday Chart with Levels 🛡 Intraday Walk Opened Gap-Up by 35 pts above PDH. Early pullback filled the gap within 15 mins. From there, steady rally towards 24,990–25,000 resistance. Breakout above 25,000 led to a sharp push to 25,085. Multiple failed breakout attempts beyond 25,085. Closed strong at 25,072.55, near the day high. 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 24,858.25 High: 25,072.55 Low: 24,858.25 Close: 25,072.55 Range: 214.30 pts Change: +179.55 (+0.72%) 🏗️ Structure Breakdown Green body with minimal lower wick → strong bullish structure. Large body (~214 pts) → clear directional day. Close near high → strong buying conviction. 📚 Interpretation Market opened strong and sustained momentum throughout. Buying continued above 25,000, confirming follow-through from Oct 3 session. The close near the highs suggests a potential move toward 25,115–25,240 next. 🕯Candle Type Bullish Marubozu-type (open near low, close near high). Signals decisive buyer dominance and trend continuation. 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 183.19 IB Range: 86.2 → Medium Market Structure: Imbalanced Trade Highlights: 09:40 Long Trade – Target Achieved (R:R 1:1.92) 12:45 Long Trade – Target Achieved (R:R 1:3.52) 📌 What’s Next? / Bias Direction Bias: Bullish As long as 25,000–25,048 holds, buyers retain control. A breakout above 25,115 may accelerate momentum toward 25,240 and possibly 25,330. 📌 Support & Resistance Levels Resistance Zones: 25115 25140 ~ 25165 25240 Support Zones: 25048 25000 ~ 24990 24900 ~ 24915 💡 Final Thoughts “Momentum is built one breakout at a time — and sustained when structure supports conviction.” The market tone remains positive as bulls continue defending key levels with strong follow-through. ✏️ Disclaimer This is just my personal viewpoint. Always consult your financial advisor before taking any action.
NSE:NIFTY
by kzatakia
Great Closing above Motherline of Daily Chart. Nifty has given a brilliant closing above Mother line of daily chart and key psychological level of 25K at 25077. Supports for Nifty are at Mother line 24899, Trend line support at 24598 and finally Father line support at 24417. Resistances are at 25161, 25316 and 25450 and finally 25640. Above 25640 there will be a major Bullish breakout which can take us to 26K or even previous All time high or even beyond it. It will be very important for Nifty to hold the levels now and again not go below the Mother or Father line otherwise again all the momentum that has built in favour of the rally will vanish as quickly. Having said that RSI, MACD and shadow of the candle suggest are oozing with confidence this time let us see what this week and month holds for us, things look good as of now. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:NIFTYLong
by Happy_Candles_Investment
Nifty Short & Medium Term Support&Resistance_5-Oct to 10-Oct-25Nifty Short & Medium Term Support&Resistance_5-Oct to 10-Oct-25 Nifty very well hold the 24500 Support and currently near to the trend line support (as drawn) as mentioned last week. Repo rate reduction by RBI boosted the market as there will be more liquidity in the market and it will aid more loan disbursal. But there is a small concern is FD rate reduction and inflation may go little higher. Last two days trade reflected it and market moved up, one more positive decisive break can take to short term resistance. Quarterly result and Tariffs deal will decide the future path of the Nifty. Since it is a Volatile situation SIP route or buy in multiple parcel route with a goal of 3-5 years will workout. Since FD rate reduction, people may have to choose Debt/Commodity/Equity as alternate in order to beat the inflation. Apart from that Low Cost ULIPs (2.5 L Limit per person) as one of the option to save the tax- ICICI & HDFC ULIPs are doing well, ULIPs are simplified and charges are lesser compared to MFs in terms of long term, Various fund option including passive funds are introduced. Market was on decline/ Consolidation mode recently because of new Tariff's imposed by Trump mainly on Pharma and IT - H1 B Visa and Tax for Outsourcing IT and the recent pharma tarrifs imposition. GST 2.0 is a reform which can aid in Auto/ FMCG / Home Appliances sales will get a boost due to the festival season. Since market is volatile, use the dips (Opportunity) and buy through SIP or through multiple parcel in these uncertain times with a goal of 3-5 years. Nifty Short Term Supports: 1. 24500 (Trend Line as shown) 2. 24000-24170 (Fibonacci Retracements Supports- Two Supports in this zone 24116 & 24171 as shown) Medium Term Support: 3. 23500-23700 (Fibonacci Retracements Supports- Two Supports in this zone 23608 & 23707 as shown) 4. 23000 Resistance ( Multiple Resistances are there between 25000-25650): 1. 25000 2. 25200 ( 25154 Aug 2025 high) 3.25350 ( Fibonacci resistance shown ) 3. 25500 ( 25441 Sep 18th 2025 High ) Medium Term: 1.25670 ( Jun 2025 High) Should cross this resistance in short term decisively inorder to move up. 2.26269 ( Sep 2024 High)
NSE:NIFTYLong
by karthikss
Nifty Analysis EOD – October 3, 2025 – Thursday🟢 Nifty Analysis EOD – October 3, 2025 – Thursday 🔴 Bulls stamp authority with a strong close near the highs 🗞 Nifty Summary Nifty opened with a 67-point gap down at 24,785.70, and the first 5-min candle was wild, spanning 97 points. The initial upmove managed to fill the gap but couldn’t sustain above, slipping back quickly. The IB Range (24,747.55 – 24,855.70) set the tone, and for most of the session (until 2:40 PM), the index swung wildly inside this wide band, offering multiple trade opportunities on both sides. Around 2:10 PM, a trendline false breakdown (liquidity trap) shook out bears. Soon after, bulls reclaimed control, breaking the trendline, PDC, and PDH, and pushed the index to a new day high of 24,904.80. Nifty closed strong at 24,895, almost at the high, firmly above the previous day’s high. The session was energetic for traders, packed with volatility and clean structure, and the close reinforced bullish continuation. 🛡 5 Min Intraday Chart with Levels 🛡 Intraday Walk Gap down open at 24,785.70. First 5-min candle = 97 points → extreme volatility. IB Range set between 24,747 – 24,856, market chopped inside until 2:40 PM. 2:10 PM: False breakdown trap → liquidity grab. Bulls took charge → breakout above IB, PDC, and PDH. Day high: 24,904.80 → close: 24,895 (near highs). 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 24,759.55 High: 24,904.80 Low: 24,747.55 Close: 24,894.25 Change: +57.95 (+0.23%) 🏗️ Structure Breakdown Solid green body: ~134.7 pts. Range: ~157.25 pts (moderate). Very tiny upper/lower wicks. 📚 Interpretation Flat-to-weak open, dip to 24,747, then steady climb. Closing almost at the high = strong conviction. Minimal rejection → clean bullish candle. 🕯Candle Type Bullish Marubozu (near-perfect) → Buyers in full control. Confirms continuation of bullish reversal from Oct 1st. 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 179.73 IB Range: 108.15 → Wide Market Structure: Balanced Trade Highlights 11:10 Long Trade – Target Achieved (R:R 1:2.08) 14:10 Short Trade – SL Hit 14:35 Long Trade – Target Achieved (R:R 1:3.96) 📌 What’s Next? / Bias Direction Bias: Bullish continuation. If bulls clear 25,000 with momentum, the next leg may unfold toward 25,115–25,250. Supports at 24,785–24,830 need to hold for trend continuity. 📌 Support & Resistance Levels Resistance Zones: 24890 ~ 24915 24990 ~ 25000 25048 25085 25115 Support Zones: 24830 24785 24745 💡 Final Thoughts “Markets often test patience with traps before rewarding conviction with momentum. Today’s close above PDH is a classic sign of strength.” ✏️ Disclaimer This is just my personal viewpoint. Always consult your financial advisor before taking any action.
NSE:NIFTY
by kzatakia
V-Shape recovery in progress for Nifty. Today we will try to study Nifty chart on an hourly scale. Hourly scale means the candles that we see in the chart represent nifty movement for 1 hour each. Each candle represents 1 hour movement of Nifty. Now let us watch closely what happened here. 1) We can see that after reaching a high of 25448 on September 25th. Nifty declined sharply. Then it consolidate in the range of 24587 and 24748. After this it moved upwards and hit the mother line at 24867. 2) As we know when the stock or index is below the Mother line the line acts as a resistance. Next 7 candles could not give closing above this line as it was a strong resistnace. 3) During the last two hours of trade we got a closing above the mother line thus it has now become a support. right now the Mother line is at 24846. So this level will be our immediate support. Below this level other supports will be at 24748 and 24587. 4) The Father line resistnace is at 24922 this level will be our immediate resistance. If we get a closing above this level the next resistances will be at 25032, 25139, 25255, 25358 and 25451. If and when we get a closing above 25451 it will be a strong Bullish breakout. Supports and resistances other than Mother and Father line are derived by historical peaks and valleys. Mother and Father line/Support and resistance are nothing but exponential Moving averages. Mother line is 50 EMA and Father line 200 EMA. As this is an hourly chart, Mother line is 50 Hours exponential moving average and Father line is 200 hours exponential moving average. In case of daily, weekly or monthly charts. The EMA will be 50 days, weeks or Months respectively. To know mover about patterns such as V pattern seen here or Mother Father and Small Child theory (To understand the role of Mother line and Father line) or to be able to draw resistances and supports based on historic peaks and valleys you can read my book THE HAPPY CANDLES WAY TO WEALTH CREATION. The book is available in Amazon in paperback or Kindle version and is rated 4.8/5. This book teaches you Techno-Funda investing. (Techno Funda investing means Knowing which are Fundamentally strong companies and investing / booking profits / staying invested in them based on Technical analysis). The book has some more unique features like rating a stock with the help of Happy Candles Number wherein you can give a stock marks out of 100 based on Techincal and Fundamental analysis you have learned by reading it. Thus you can know if the stock is currently investible or not based on the marks it scores out of 100. The book also covers various aspect of behavioural finance. Lot of people who have read the book consider it as a hand book to equity investing. Buy the book you will not be dissapointed as the book is reasonably priced. Search by the key words The Happy Candles Way to wealth creation and you will get it. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:NIFTYLong
by Happy_Candles_Investment
Nifty Analysis EOD – October 1, 2025 – Wednesday 🟢 Nifty Analysis EOD – October 1, 2025 – Wednesday 🔴 Bulls kick off October with a breakout surge 🗞 Nifty Summary Nifty opened flat, dipped slightly, and then rallied 85 points from the low. The index repeatedly tried to break the 24,675–24,685 resistance zone, but early attempts failed. With support holding at PDC, an ascending triangle pattern formed, and its breakout finally ignited a 130-point rally to 24,800, meeting the pattern target. After a retracement to 24,750 support, a trendline breakout around 2 PM added another 80 points, marking the day’s high at 24,867.95. Nifty closed strong at 24,853.40, near the high of the day. The first trading day of October turned out to be a sentiment shift, with bulls firmly in control. The day’s 262-point range nearly engulfed the last three sessions combined, with a close at the highest high in 3 days. 🛡 5 Min Intraday Chart with Levels 🛡 Intraday Walk Flat open → dip to 24,606. 85-pt rally attempts 24,675–24,685 resistance, multiple failures. Support at PDC → ascending triangle breakout, rally to 24,800. Pullback → support at 24,750. 2:00 PM → trendline breakout, sharp +80-pt rally. Day high: 24,867.95, close: 24,853.40 (near high). 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 24,620.55 High: 24,867.95 Low: 24,605.95 Close: 24,836.30 Change: +225.20 (+0.92%) 🏗️ Structure Breakdown Large green body (~215.75 pts). Wide range: 262 pts. Tiny wicks → minimal rejection. 📚 Interpretation Buyers stepped in strongly from 24,600 zone. Trend sustained all day, with close near high. Momentum shifted firmly to the bulls. 🕯Candle Type Bullish Marubozu-like candle → strong, decisive buyer dominance. 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 173.37 IB Range: 95.80 → Medium Market Structure: Balanced Trade Highlights 11:05 Long Trade – Target Achieved (R:R 1:3.63) 14:00 Long Trade – Trailing SL Hit (R:R 1:3.12) 📌 What’s Next? / Bias Direction Bias has turned bullish above 24,750. A close above 24,870 could open the gates toward 24,980–25,000, while 24,600 remains the key downside base. 📌 Support & Resistance Levels Resistance Zones: 24868 24890 ~ 24915 24990 ~ 25000 25048.75 Support Zones: 24775 ~ 24750 24735 24685 ~ 24675 💡 Final Thoughts “Momentum loves confirmation — when resistance breaks and holds, the market often rewards patience with decisive follow-through.” ✏️ Disclaimer This is just my personal viewpoint. Always consult your financial advisor before taking any action.
NSE:NIFTY
by kzatakia
Nifty 50: Genuine Rally or Selloff Setup?The Nifty 50 Index went up, but this upward move was likely just a temporary correction, not the start of a new, long-term rise. Bottom (Wave W): The index first hit a low around 24,377 Bounce (Wave X): It then went up to a high near 25,448. This rise was a clear, three-part corrective move (like an ABC pattern) that stayed inside a rising channel . Clue: Because the move from the bottom (W) to the peak (X) was corrective, it suggests the overall trend is still bearish (downward). Points to look at: 1. Reversal: The index is currently around 24,836 and is starting to turn down from the top of that rising channel. This suggests the temporary rise is over. 2. Projected Drop (Wave Y): The main prediction is a significant drop (Wave Y) that will likely break the previous low of 24,377 . 3. Target: This decline is expected to head toward the lower blue trendline on the chart, completing a larger WXY corrective pattern. 4. Projection: Ending point of wave (Y) can act as the ride for the new impulse cycle. 5. Bearish Stance: Traders should be cautiously bearish (expecting the price to fall). 6. Price action perspective: Previous swing is bearish, better to look at short positions for safe entry. 7. Selling Opportunities: Any small upward movements (retracements) are seen as good selling opportunities (betting on the price going down), as long as the price doesn't break above the recent highs or the channel ceiling.24,300 is indeed a strong demand zone. Stay tuned! Money Dictators :)
NSE:NIFTY
by Money_Dictators