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NIFTY

Nifty showing strength but nearing key resistances now.Nifty had a good closing today up 103.7 points closing just below 25K at 24980.65. Things have taken a positive turn after the GST relief related announcement from GOI. Today Reliance did heavy lifting as it was up 2.84%. Now the Nifty is entering a zone where there are few important hurdles. Once they are crossed there is a fair Chance of proper Bull run. The resistance in front of Nifty now are at 24992, 25042, 25133 and most importantly the zone between 25245 to 25328. Above 25328 there is strong Bullish territory. The supports for Nifty remain at 24866, 24820 (Father Line support), 24742 (Mother line support). Below 24742 there can be further bearish weakness which can pull Nifty down towards 24573 or even 24341. (But that can happen only if we get a closing below 24742. Right now the Nifty seems to be in Bullish mode with few resistances approaching. 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
GST related jump; Auto, Consumption & others breaks market slumpThere was some positive game changing news required to break the market slump which was provided by honourable PM in his Independence day speech. Now exact GST slots and how the same is implemented is yet to be seen. There was some negative news as well as EU and Ukraine and US do not seem to be on the same page with respect to ceasefire between Russia and Ukraine. So still there are some Global issues which are yet to be answered. Additionally the Tariff war in general and with respect to India is not yet solved. Additionally the Trade talks between India and US have gone for a toss with next meeting which was to happen later this month has been postponed indefinitely. Thus the signal is not clear cut green. So once the GST Euphoria subsides there can be consolidation/correction again so traders have to be cautious. Long term investors can see this as an opportunity for reshuffling Portfolio in line with local consumption related stocks. Some of the Auto stocks have gone absolutely in the 5th gear. Consumption is heating up, Finance and Baking, Insurance, realty and FMCG can also join the band wagon along with Infra and capital goods in future. IT, Oil &Gas, Power can take a back seat for now but might join the band wagon if up move persists. Overall what we saw today was a good up move. If Nifty is able to clear key resistances we can see strong up move across the sectors. If not so there can be further consolidation and sectoral rotation. Things are in balance right now. Predicting next move is difficult but certainly it was a good day on browsers. Major events are unfolding but clarity will be there once the dust settles. Now the Nifty supports and resistances are as under: Nifty supports remain at: 24810 (Father line of Hourly chart), 24746, 24671 (Mother line of Hourly chart), 24534 and 24334. Nifty Resistances Remain at: 24995, 25116, 25246 (Trend Line Resistance above which Bulls will be comfortable), 25405, 25544 and finally 25639. 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 Analysis EOD – August 18, 2025 – Monday🟢 Nifty Analysis EOD – August 18, 2025 – Monday 🔴 Gap-Up Glory Meets 25K Roadblock 🗞 Nifty Summary Nifty opened with a massive 300+ point gap-up, but early profit booking dragged it down by 58 points. A sharp rebound from the day’s low in the first 5 min carried it to a new high of 25,022, just testing the psychological 25K level. However, that zone acted as a ceiling; profit booking and fresh selling kicked in, pulling Nifty not only below the high or mean but also beneath the opening print and morning day low. After a brief 100-point bounce from a fresh day low, rejection from the VWAP kept the index suppressed. By the close, Nifty settled near the day’s bottom at 24,876.95, still up +245.65 points (+1.00%) but printing a red candle due to closing below the open. 👉 A textbook gap-up exhaustion session: bullish sentiment upfront, intraday dominated by selling pressure. 📊 Intraday Walk 🚀 Gap-Up Start: Open at 24,938.20 (up >300 points). 📉 Early Booking: Dragged down ~58 points. 🔄 Quick Rebound: Buyers drove Nifty to the day high at 25,022. ⛔ 25K Blocked: Profit booking intensified, breaking below opening levels. ⚡ Second Bounce: +100 points recovery attempt from new day low. 📉 VWAP Rejection: Sellers regained control; close near the bottom at 24,876.95. 🛡 5 Min Intraday Chart with Levels 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 24,938.20 High: 25,022.00 Low: 24,852.85 Close: 24,876.95 Change: +245.65 (+1.00%) Candle Structure Type: Red candle (close < open) despite a strong % gain. Body: 61.25 pts Upper Wick: 83.80 pts Lower Wick: 24.10 pts Interpretation Market opened strong but gave back intraday gains. Candle resembles an Inverted Hammer / Shooting Star in a gap-up. Signals loss of bullish momentum, but needs next session confirmation. 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 218.49 IB Range: 137.7 → Medium Market Structure: imBalanced Trade Highlight: No trade triggered 📌 Support & Resistance Levels Resistance Zones 24,955 24,995 25,030 – 25,050 25,100 25,240 Support Zones 24,850 – 24,820 24,770 – 24,745 24,695 – 24,675 24,600 – 24,585 🎯 What’s Next? If 24820 ~ 24,850 holds, buyers may regroup and reattempt a breakout above 25,000. If broken, expect deeper profit booking toward 24,745 – 24,675. Psychological pressure at 25K remains the key battle zone. 💡 Final Thoughts Today was a classic gap-up exhaustion day — the market showed enthusiasm, but sellers ruled intraday. “Markets love to test conviction. What looks like strength at open can often be weakness by close.” ✏️ Disclaimer This is just my personal viewpoint. Always consult your financial advisor before taking any action.
NSE:NIFTY
by kzatakia
# BANK NIFTY COMPREHENSIVE TECHNICAL ANALYSIS# BANK NIFTY COMPREHENSIVE TECHNICAL ANALYSIS **Asset**: Bank Nifty Index (NSE:BANKNIFTY) **Reference Price**: 55,341.85 (August 14th, 2025, 1:55 PM UTC+4) **Analysis Date**: August 17, 2025 **Current Status**: Major Technical Confluence Zone ## EXECUTIVE SUMMARY Bank Nifty is positioned at a critical technical juncture showing multiple analytical confirmations for potential bullish continuation. The index demonstrates strong technical foundations across various methodologies, suggesting preparation for a significant upward move after completion of the current corrective phase. --- ## 1. ELLIOTT WAVE ANALYSIS ### Primary Wave Structure (Weekly/Monthly) **Super Cycle Analysis**: - **Position**: Within Primary Wave (3) of larger degree cycle - **Current Sub-wave**: Intermediate Wave (4) correction nearing completion - **Pattern Type**: Complex corrective structure (Double Three W-X-Y) - **Completion Zone**: 53,500-55,500 (current area) ### Intermediate Wave Count (Daily) **Wave (4) Correction Analysis**: - **Structure**: W-X-Y Double Three pattern - **W Wave**: Completed at 52,800 (July 2025 low) - **X Wave**: Corrective bounce to 58,200 - **Y Wave**: Currently unfolding, targeting 53,800-54,500 ### Minor Wave Structure (4H/1H) **Current Position**: - **Sub-wave Count**: Final leg of Y wave (c of Y) - **Internal Structure**: Five-wave decline from 58,200 - **Completion**: Expected in 54,200-55,200 zone - **Next Phase**: Intermediate Wave (5) impulse higher ### Elliott Wave Projections **Immediate Targets** (Wave 5 beginning): - **First Target**: 58,500-59,200 (1.0 extension) - **Second Target**: 62,000-63,500 (1.618 extension) - **Ultimate Target**: 68,000-72,000 (2.618 extension) **Time Framework**: - **Wave 5 Duration**: 8-12 weeks expected - **Sub-wave Structure**: Five internal waves higher - **Completion Timeframe**: November-December 2025 ### Invalidation Levels - **Critical Support**: 53,200 (breaks Wave (1) high) - **Alternate Count**: Below 53,200 suggests deeper correction to 50,000-48,000 --- ## 2. HARMONIC PATTERN ANALYSIS ### Active Harmonic Formations **Bullish Deep Crab Pattern (Daily)** - **X to A**: Reference leg established - **A to B**: 0.382-0.618 retracement at 58,750 - **B to C**: 0.382-0.886 retracement at 52,800 - **C to D (PRZ)**: 2.24-3.618 extension targeting 53,500-54,800 - **Current Status**: Within Potential Reversal Zone (PRZ) - **Target Projections**: - **T1**: 57,800 (38.2% CD retracement) - **T2**: 60,500 (61.8% CD retracement) - **T3**: 63,200 (78.6% CD retracement) **Bullish Bat Pattern (4-Hour)** - **Pattern Completion**: 88.6% XA retracement at 54,200 - **B Point Confirmation**: 0.382 retracement verified - **C Point Validation**: 0.886 retracement confirmed - **D Point Target**: 54,200-54,800 (current zone) - **Upside Targets**: 57,500 (38.2%), 59,800 (61.8%) **ABCD Harmonic Structure (1-Hour)** - **AB = CD Pattern**: Classic equal-leg structure - **A to B**: Decline from 58,200 to 56,500 - **B to C**: Corrective bounce to 57,400 - **C to D**: Extension targeting 54,800-55,200 - **Completion Status**: Near D point fulfillment - **Measured Move**: 58,500-59,500 upside projection ### Gartley Pattern (Weekly) - **Development Stage**: B to C leg completion phase - **Critical Ratios**: 0.786 XA retracement at 53,000 - **Pattern Type**: Deep Gartley formation - **Long-term Projection**: 62,000-66,000 targets ### M & W Harmonic Patterns **M-Top Formation (Daily)**: - **Left Shoulder**: 58,200 (previous high) - **Head Formation**: Potential at 60,000+ (future projection) - **Right Shoulder**: Current development phase - **Neckline**: 54,000-54,500 support area **W-Bottom Pattern (4-Hour)**: - **First Low**: 53,800 (established) - **Second Low**: 54,200-54,500 (current formation) - **Neckline Resistance**: 57,000-57,500 - **Breakout Target**: 60,500-61,500 --- ## 3. WYCKOFF METHOD ANALYSIS ### Current Market Phase **Accumulation Schematic** - Phase C (Spring/Last Point of Support) - **Composite Operator Activity**: Professional accumulation in progress - **Volume Characteristics**: Declining volume on selloffs (bullish) - **Price Action**: Testing resolve of weak holders - **Smart Money Position**: Building significant long positions ### Wyckoff Price Structure **Trading Range Analysis**: - **Supply Line**: 58,000-58,500 (distribution area) - **Demand Line**: 53,500-54,000 (accumulation zone) - **Point of Control**: 55,800 (high volume node) - **Automatic Rally (AR)**: From 53,800 to 57,400 - **Secondary Test (ST)**: Current price action around 55,300 ### Accumulation Evidence **Phase A Characteristics**: - **Selling Climax (SC)**: Occurred at 52,800 (July 2025) - **Automatic Rally (AR)**: Strong bounce to 58,200 - **Secondary Test (ST)**: Current retest of support **Phase B Development**: - **Cause Building**: Range between 53,500-58,500 - **Shake-out Attempts**: Multiple tests of 54,000 support - **Volume Analysis**: Absorption on weakness, expansion on strength **Phase C Indication**: - **Spring Pattern**: Testing below 54,500 with quick recovery - **Last Point of Support (LPS)**: Current 55,000-55,500 area - **Sign of Strength (SOS)**: Expected above 56,800 ### Wyckoff Projections **Cause Measurement**: - **Trading Range**: 5,000 points (53,500 to 58,500) - **Effect Projection**: 62,500-65,000 (equal measure up) - **Extended Target**: 68,000-70,000 (1.5x range projection) ### Volume Analysis (Wyckoff Context) - **Accumulation Volume**: Higher volume on advances, lower on declines - **Professional Participation**: Large block transactions increasing - **Retail Sentiment**: Bearish (contrarian bullish indicator) --- ## 4. W.D. GANN THEORY ANALYSIS ### Square of 9 Analysis **Current Position**: 55,341 (Square root = 235.17) **Natural Resistance Levels**: - **236°**: 55,696 (immediate resistance) - **238°**: 56,644 (minor resistance) - **240°**: 57,600 (significant resistance) - **243°**: 59,049 (major resistance) - **245°**: 60,025 (strong resistance) **Natural Support Levels**: - **234°**: 54,756 (immediate support) - **232°**: 53,824 (significant support) - **230°**: 52,900 (major support) - **228°**: 51,984 (critical support) ### Gann Angles Analysis **Primary Angle Lines** (from major low 52,800): - **1x1 Angle** (45°): Rising support at 54,800 - **2x1 Angle** (63.75°): Steep support at 56,200 - **1x2 Angle** (26.25°): Resistance line at 57,800 - **1x4 Angle** (14.04°): Major resistance at 61,500 **Secondary Angle Lines** (from recent high 58,200): - **1x1 Declining**: Resistance line at 56,500 - **2x1 Declining**: Strong resistance at 55,200 - **1x2 Declining**: Support line at 54,000 ### Gann Time Theory **Active Time Cycles** (August-October 2025): - **30-Day Cycle**: Peak expected August 25-30, 2025 - **60-Day Cycle**: Major turn September 20-25, 2025 - **90-Day Cycle**: Significant reversal October 15-20, 2025 - **360-Day Cycle**: Annual high expected December 2025 **Historical Cycle Confluence**: - **Previous 30-day low**: July 18, 2025 (52,800) - **Next projected high**: August 28-30, 2025 - **Intermediate cycle**: 45-day rhythm suggesting September 15 turn ### Squaring of Price and Time **Price-Time Equality Analysis**: - **From 52,800 low** (45 days ago): 45 × 100 = 4,500 points up = 57,300 - **Next square**: 60 days = 60 × 100 = 6,000 points = 58,800 - **Major square**: 90 days = 90 × 100 = 9,000 points = 61,800 ### Ranges in Harmony **Harmonic Price Levels**: - **1/8th of range**: 53,500 + 625 = 54,125 (current area) - **2/8th of range**: 54,750 (minor resistance) - **3/8th of range**: 55,375 (current price vicinity) - **4/8th of range**: 56,000 (midpoint resistance) - **5/8th of range**: 56,625 (significant resistance) ### Gann Forecasting **Price Forecasting** (next 30-60 days): - **Conservative Target**: 57,600 (240° Square of 9) - **Moderate Target**: 59,049 (243° Square of 9) - **Aggressive Target**: 61,200 (1x4 angle resistance) **Time Forecasting**: - **Immediate Turn**: August 25-28 (30-day cycle) - **Intermediate Peak**: September 20-25 (60-day cycle) - **Major Reversal**: October 15-20 (90-day cycle) --- ## 5. ICHIMOKU KINKO HYO ANALYSIS ### Ichimoku Components (Daily Chart) **Tenkan-sen** (9-period): 55,250 - **Current Relation**: Price slightly above Tenkan - **Trend Indication**: Flattening (consolidation phase) - **Support/Resistance**: Dynamic support on pullbacks **Kijun-sen** (26-period): 54,900 - **Current Relation**: Price above Kijun (bullish bias) - **Trend Strength**: Slowly rising (weak bullish) - **Key Level**: Critical support for trend continuation **Senkou Span A** (Leading Span A): 55,800 **Senkou Span B** (Leading Span B): 56,400 - **Cloud Status**: Bearish cloud (Span B > Span A) - **Cloud Thickness**: Moderate resistance (600 points) - **Price vs Cloud**: Below cloud (bearish short-term) **Chikou Span** (Lagging Span): 55,341 - **Historical Comparison**: 26 periods ago price was 54,200 - **Momentum**: Positive (current price > historical price) - **Confirmation**: Supports bullish bias ### Ichimoku Signals Analysis **TK Cross** (Tenkan-Kijun Cross): - **Current Status**: Tenkan slightly above Kijun - **Signal Strength**: Weak bullish (narrow gap) - **Confirmation Needed**: Widening gap for strong signal **Kumo Breakout** (Cloud Breakout): - **Breakout Level**: Above 56,400 (Senkou Span B) - **Resistance Zone**: 56,400-57,200 (cloud area) - **Target Post-Breakout**: 58,500-59,500 **Chikou Span Clear Space**: - **Current Status**: Clear space ahead (bullish) - **Resistance**: None in immediate future - **Implication**: Path clear for upward movement ### Multi-Timeframe Ichimoku **4-Hour Ichimoku**: - **Tenkan-sen**: 55,450 (immediate resistance) - **Kijun-sen**: 55,000 (support) - **Cloud**: Bullish (green cloud above) - **Price Position**: Below cloud but approaching **1-Hour Ichimoku**: - **Trend**: Bullish (price above all components) - **Cloud**: Thin bullish cloud - **Momentum**: Strong (Chikou above price) ### Ichimoku Trading Strategy **Entry Signals**: - **Primary**: Break above 56,400 (cloud top) - **Secondary**: TK cross with expanding gap - **Confirmation**: Chikou span above price 26 periods ago **Targets**: - **T1**: 57,800 (cloud projection) - **T2**: 59,200 (extended target) - **T3**: 61,000 (major resistance) **Stop Loss**: Below 54,500 (below Kijun-sen) --- ## 6. JAPANESE CANDLESTICK ANALYSIS ### Recent Candlestick Patterns (Daily Chart) **Doji Formation** (August 13-14, 2025): - **Pattern Type**: Long-legged Doji near support - **Location**: 55,300-55,400 (indecision zone) - **Implication**: Market indecision, potential reversal - **Volume**: Below average (lack of conviction) - **Confirmation Required**: Strong bullish candle needed **Hammer Pattern** (August 12, 2025): - **Formation**: Classic hammer at 54,200 - **Lower Shadow**: Long tail (2.5x body length) - **Body**: Small, near top of range - **Volume**: Above average (buying interest) - **Bullish Implication**: Strong if followed by bullish confirmation ### Multi-Timeframe Candlestick Analysis **Weekly Chart Patterns**: - **Current Week**: Inside bar formation (consolidation) - **Previous Week**: Hammer-like formation with long lower shadow - **Pattern Implication**: Base building for potential breakout - **Volume**: Decreasing (healthy consolidation) **4-Hour Chart Patterns**: - **Recent Formation**: Three white soldiers pattern developing - **Each Candle**: Closing higher than previous - **Volume Trend**: Increasing on each advance - **Target**: 57,000-57,500 (pattern completion) **1-Hour Chart Patterns**: - **Morning Star Pattern**: Completed at 54,800 low - **Three-Candle Formation**: Bearish → Doji → Bullish - **Confirmation**: Required above 55,800 - **Target**: 56,800-57,200 ### Advanced Candlestick Combinations **Bullish Harami Cross**: - **Mother Candle**: Large red candle August 9 - **Baby Candle**: Small Doji August 12-13 - **Reversal Signal**: Potential bullish reversal - **Confirmation**: Break above mother candle high (56,200) **Tweezer Bottom**: - **Formation**: Similar lows at 54,200 (August 8 & 12) - **Pattern Strength**: Strong (tested twice) - **Volume**: Higher on second test (bullish) - **Target**: 57,500-58,000 ### Candlestick Projections **Pattern-Based Targets**: - **Hammer Target**: 56,800-57,200 - **Morning Star Target**: 56,500-57,000 - **Three White Soldiers**: 57,500-58,200 - **Harami Cross Target**: 58,000-58,800 --- ## 7. RSI ANALYSIS (Multi-Timeframe) ### Daily RSI Analysis **Current Reading**: 44.2 - **Condition**: Approaching oversold (below 50) - **Trend**: Bottoming formation in progress - **Divergence**: Bullish divergence forming (lower price, higher RSI lows) - **Support**: 40 level providing bounce support - **Resistance**: 50 level key for bullish confirmation **RSI Pattern Analysis**: - **Double Bottom**: RSI showing potential double bottom at 42 - **Momentum**: Building positive momentum from oversold - **Target**: RSI 60-65 zone (bullish momentum confirmation) ### 4-Hour RSI Analysis **Current Reading**: 39.8 - **Condition**: Oversold (below 40) - **Signal**: Bullish reversal setup - **Trend**: Rising from oversold levels - **Pattern**: Falling wedge in RSI (bullish) ### 1-Hour RSI Analysis **Current Reading**: 52.3 - **Condition**: Neutral to bullish - **Trend**: Above 50 (short-term bullish) - **Momentum**: Building upward momentum - **Resistance**: 60 level next target ### Weekly RSI Analysis **Current Reading**: 47.5 - **Condition**: Neutral (healthy for continuation) - **Trend**: Sideways consolidation - **Support**: 45 level holding (bullish) - **Long-term**: Room for significant upside (RSI can reach 70+) ### RSI Trading Signals **Buy Signals**: - **Oversold Bounce**: 4H RSI below 40 bouncing - **Divergence**: Bullish divergence on daily timeframe - **Breakout**: Daily RSI above 50 confirms bullish momentum **Targets Based on RSI**: - **RSI 50 Break**: 56,500-57,000 price target - **RSI 60 Level**: 58,000-58,500 price target - **RSI 70 Level**: 60,000-61,000 price target --- ## 8. BOLLINGER BANDS ANALYSIS ### Daily Bollinger Bands **Current Configuration**: - **Upper Band**: 58,200 (2 std dev above) - **Middle Band**: 56,000 (20-period SMA) - **Lower Band**: 53,800 (2 std dev below) - **Band Width**: Expanding (increasing volatility) **Price Position**: Near lower band (oversold condition) **Squeeze Status**: Bands expanding after recent squeeze **Volatility**: Increasing (setup for large move) ### Bollinger Band Signals **Lower Band Bounce**: - **Current Status**: Price touching/near lower band - **Historical Pattern**: Strong bounces from lower band - **Target**: Middle band (56,000) then upper band (58,200) - **Stop Loss**: Sustained break below lower band (53,800) **Band Walk Potential**: - **Setup**: After oversold bounce, potential upper band walk - **Indication**: Strong trending move when price walks upper band - **Target**: Extended moves to 60,000+ levels ### 4-Hour Bollinger Bands **Configuration**: - **Upper Band**: 57,500 - **Middle Band**: 55,500 (current resistance) - **Lower Band**: 53,500 - **Band Position**: Price in lower half (bearish short-term) **Signal**: Approaching squeeze formation (low volatility before breakout) ### 1-Hour Bollinger Bands **Configuration**: - **Upper Band**: 56,200 - **Middle Band**: 55,400 - **Lower Band**: 54,600 - **Current**: Price at middle band (neutral) ### Bollinger Band Strategy **Entry Strategy**: - **Long Setup**: Bounce from lower band with RSI oversold - **Entry**: 54,800-55,200 (near lower band) - **Target**: Upper band (58,200) and beyond - **Stop**: Below lower band (53,500) --- ## 9. VWAP ANALYSIS (Volume Weighted Average Price) ### Daily VWAP **Current VWAP**: 55,850 - **Price vs VWAP**: Below VWAP (bearish short-term) - **Distance**: 510 points below (significant) - **Trend**: VWAP declining (distribution phase) - **Key Level**: Reclaim above 55,850 bullish ### VWAP Deviation Bands **Standard Deviations**: - **+2σ**: 58,500 (strong resistance) - **+1σ**: 57,200 (moderate resistance) - **VWAP**: 55,850 (pivot level) - **-1σ**: 54,500 (moderate support) - **-2σ**: 53,200 (strong support) **Current Position**: Between VWAP and -1σ (slight bearish bias) ### Weekly VWAP **Current Level**: 54,400 - **Price vs VWAP**: Above weekly VWAP (bullish longer-term) - **Trend**: Weekly VWAP rising (accumulation) - **Support**: 54,400 major support level ### VWAP Trading Strategy **Mean Reversion Setup**: - **Current**: Price below daily VWAP (oversold condition) - **Entry**: 54,800-55,200 (near -1σ) - **Target**: Return to VWAP (55,850) then +1σ (57,200) - **Extended**: +2σ (58,500) for momentum trades **Breakout Strategy**: - **Trigger**: Sustained move above VWAP (55,850) - **Confirmation**: Volume increase on VWAP reclaim - **Target**: Upper deviation bands --- ## 10. MOVING AVERAGES ANALYSIS ### Simple Moving Averages (Daily) **Current Alignment**: - **20 SMA**: 56,100 (declining, immediate resistance) - **50 SMA**: 55,800 (flattening, key resistance) - **100 SMA**: 54,600 (rising, support) - **200 SMA**: 53,000 (rising, major support) **Market Structure**: - **Short-term**: Bearish (20 & 50 SMA declining) - **Medium-term**: Neutral (100 SMA flattening) - **Long-term**: Bullish (200 SMA rising) ### Exponential Moving Averages (Daily) **EMA Configuration**: - **12 EMA**: 56,200 (immediate resistance) - **26 EMA**: 55,600 (key pivot) - **50 EMA**: 55,000 (support) - **100 EMA**: 53,800 (major support) **MACD Implication**: 12 EMA below 26 EMA (bearish short-term) ### Weighted Moving Average **21 WMA**: 56,050 **55 WMA**: 55,200 ### MA Confluence Zones **Resistance Cluster**: 55,800-56,200 - **Components**: 50 SMA, 12 EMA, 21 WMA, VWAP - **Significance**: Major resistance zone - **Break Above**: Confirms bullish momentum **Support Cluster**: 54,600-55,000 - **Components**: 100 SMA, 50 EMA - **Significance**: Key support for uptrend - **Break Below**: Suggests deeper correction ### MA Cross Signals **Golden Cross Potential**: - **Setup**: 50 SMA approaching 100 SMA from below - **Timeline**: 2-3 weeks for potential cross - **Implication**: Major bullish signal if confirmed **Death Cross Status**: - **Current**: 20 SMA below 50 SMA (bearish short-term) - **Recovery**: Need 20 SMA reclaim above 50 SMA --- ## 11. MULTI-TIMEFRAME TECHNICAL ANALYSIS ### 5-Minute Chart Analysis **Trend**: Sideways consolidation with slight upward bias **Pattern**: Symmetrical triangle formation **Support**: 55,200 (short-term) **Resistance**: 55,600 (immediate) **Volume**: Decreasing (consolidation) **Breakout Direction**: Neutral (awaiting catalyst) **Target**: 56,000-56,200 (triangle height projection) **Stop Loss**: 55,000 (triangle breakdown) ### 15-Minute Chart Analysis **Trend**: Corrective pullback in larger uptrend **Pattern**: Falling wedge (bullish reversal pattern) **Support**: 55,000-55,100 (wedge support) **Resistance**: 55,700-55,800 (wedge resistance) **Volume**: Declining on weakness (bullish sign) **RSI**: Oversold bounce setup **Target**: 56,500-57,000 (wedge breakout) **Timeline**: 1-2 days for pattern completion ### 30-Minute Chart Analysis **Trend**: Sideways to slightly bearish **Pattern**: Double bottom formation potential **First Bottom**: 54,800 (established) **Second Bottom**: 55,000-55,200 (current test) **Neckline**: 56,200-56,500 **Volume**: Higher on second test (bullish) **Confirmation**: Break above neckline needed **Target**: 57,500-58,000 (measured move) ### 1-Hour Chart Analysis **Trend**: Corrective phase within larger uptrend **Elliott Wave**: Wave 4 correction near completion **Support**: 54,500-55,000 (major) **Resistance**: 56,500-57,000 (key breakout level) **Ichimoku**: Price below cloud but approaching **MACD**: Bullish divergence forming **Target**: 57,500-58,500 (Wave 5 projection) **Risk**: 54,200 stop loss level ### 4-Hour Chart Analysis **Primary Trend**: Bullish correction within uptrend **Pattern**: Complex corrective structure (WXY) **Wave Count**: Final Y wave completion zone **Support Zone**: 54,200-55,200 (critical) **Resistance Zone**: 56,800-57,500 (breakout area) **Volume Profile**: Accumulation at current levels **Harmonic**: Multiple patterns converging **Target**: 58,500-60,000 (next impulse leg) ### Intraday Summary (5M-1H) **Overall Bias**: Cautiously bullish **Entry Strategy**: Buy dips to support zones **Risk Management**: Tight stops below pattern lows **Profit Targets**: Resistance clusters and pattern projections **Timeline**: 1-3 days for initial moves --- ## 12. SWING TRADING ANALYSIS (4H-Monthly) ### 4-Hour Swing Analysis **Trend Direction**: Corrective pullback (bullish context) **Swing Structure**: Higher lows pattern intact **Key Support**: 54,500 (swing low protection) **Key Resistance**: 57,000 (swing high breakout) **Pattern**: Bull flag consolidation **Volume**: Healthy consolidation pattern **Target**: 59,000-60,500 (measured move) **Timeline**: 2-4 weeks for completion ### Daily Swing Analysis **Major Trend**: Bullish (higher highs, higher lows) **Current Phase**: Healthy correction in uptrend **Support Confluence**: 54,000-55,000 (multiple factors) **Resistance Confluence**: 57,500-58,500 (key breakout zone) **Pattern**: Large bull flag or pennant **Fundamentals**: Banking sector showing strength **Target Range**: 62,000-65,000 (major cycle targets) **Risk Level**: 53,200 (trend invalidation) ### Weekly Swing Analysis **Super Trend**: Secular bull market continuation **Current Wave**: Intermediate correction within larger rise **Major Support**: 52,000-54,000 (weekly demand zone) **Major Resistance**: 58,000-60,000 (weekly supply zone) **Pattern**: Large consolidation before next leg **Seasonal Factors**: Positive for Q4 2025 **Long-term Target**: 68,000-72,000 (2026 targets) ### Monthly Swing Analysis **Decade Trend**: Structural bull market **Current Cycle**: Mid-cycle expansion phase **Monthly Support**: 48,000-50,000 (major crash protection) **Monthly Resistance**: 65,000-70,000 (major cycle tops) **Economic Cycle**: Favorable for banking sector **Demographic Trends**: Supportive of financial sector growth **Ultimate Targets**: 80,000-100,000 (2027-2030) ### Swing Trading Strategy **Entry Approach**: Scale into weakness near support **Position Sizing**: Pyramid on confirmation **Risk Management**: Trail stops below swing lows **Profit Taking**: Scale out at resistance levels **Portfolio Allocation**: Banking sector overweight recommended --- ## 13. KEY LEVELS & PRICE TARGETS ### Critical Support Levels (Hierarchical) 1. **55,000-55,200** - Immediate support (current consolidation low) 2. **54,500-54,800** - Minor support (100 SMA, previous resistance) 3. **54,000-54,200** - Moderate support (harmonic, candlestick patterns) 4. **53,500-53,800** - Major support (Bollinger lower band, weekly demand) 5. **53,000-53,200** - Critical support (200 SMA, Elliott invalidation) 6. **52,500-52,800** - Ultimate support (major low, trend change level) ### Critical Resistance Levels (Hierarchical) 1. **55,800-56,200** - Immediate resistance (MA cluster, VWAP area) 2. **56,500-57,000** - Minor resistance (pattern necklines, previous support) 3. **57,500-58,000** - Moderate resistance (harmonic targets, trend lines) 4. **58,200-58,500** - Major resistance (Bollinger upper, Elliott targets) 5. **59,000-60,000** - Strong resistance (psychological, measured moves) 6. **61,500-63,000** - Critical resistance (major cycle tops, Gann levels) ### Short-term Price Targets (1-4 weeks) - **Conservative**: 57,200-57,800 - **Moderate**: 58,500-59,200 - **Aggressive**: 60,000-61,000 ### Medium-term Price Targets (1-3 months) - **Conservative**: 59,500-61,000 - **Moderate**: 62,000-64,000 - **Aggressive**: 65,000-68,000 ### Long-term Price Targets (6-18 months) - **Conservative**: 65,000-68,000 - **Moderate**: 70,000-75,000 - **Aggressive**: 80,000-85,000 --- ## 14. VOLUME ANALYSIS & MARKET STRUCTURE ### Volume Profile Analysis **High Volume Nodes (Value Areas)**: - **Primary Node**: 54,800-55,400 (32% of total volume) - **Secondary Node**: 56,200-56,800 (23% of total volume) - **Tertiary Node**: 52,500-53,200 (18% of total volume) **Point of Control (POC)**: 55,100 (highest single volume bar) **Value Area High (VAH)**: 57,200 **Value Area Low (VAL)**: 53,800 ### Volume Trend Analysis **Recent Volume Characteristics**: - **Distribution Days**: Lower volume on up days (concerning) - **Accumulation Days**: Higher volume on down days (bullish) - **Climactic Volume**: Spike at 52,800 low (selling exhaustion) - **Current Trend**: Declining volume (consolidation pattern) ### On-Balance Volume (OBV) **Current Trend**: Bullish divergence forming - **Price Action**: Making lower lows - **OBV Action**: Making higher lows (accumulation) - **Confirmation**: OBV breakout above recent highs needed - **Target**: New OBV highs suggest 58,000+ price targets ### Volume Oscillators **Chaikin Money Flow (CMF)**: - **Current Reading**: +0.15 (mild accumulation) - **Trend**: Improving from negative territory - **Signal**: Above 0.20 confirms strong accumulation **Volume Rate of Change (VROC)**: - **Current**: -15% (below average volume) - **Pattern**: Typical consolidation behavior - **Breakout Signal**: +50% VROC increase needed --- ## 15. MARKET SENTIMENT & INTERMARKET ANALYSIS ### Banking Sector Sentiment **Sector Rotation Analysis**: - **Relative Strength**: Banks outperforming broader market - **FII Flow**: Foreign institutional buying in banking stocks - **DII Flow**: Domestic institutional accumulation - **Retail Sentiment**: Cautiously optimistic ### Correlation Analysis **Nifty 50 Correlation**: 0.87 (strong positive) **Nifty Financial Services**: 0.94 (very strong) **USD/INR Impact**: -0.65 (inverse correlation) **India VIX**: -0.58 (inverse volatility relationship) ### Global Banking Sector **US Banking Index (KBE)**: Leading indicator showing strength **European Banks (SX7P)**: Moderate performance **Emerging Market Banks**: Outperforming developed markets ### Macroeconomic Factors **Interest Rate Environment**: - **Current Policy**: Accommodative stance - **Forward Guidance**: Stable rates expected - **Impact**: Positive for banking margins **Credit Growth**: - **Current Rate**: 14.5% YoY (healthy) - **Sectoral Distribution**: Broad-based growth - **Asset Quality**: Improving NPA ratios --- ## 16. RISK ASSESSMENT & SCENARIO ANALYSIS ### Primary Scenario (Probability: 65%) **Bullish Continuation** - **Catalyst**: Technical breakout above 56,800 - **Process**: Gradual accumulation followed by markup - **Timeline**: 2-4 weeks for initial targets - **Targets**: 58,500 → 61,000 → 65,000 - **Risk Factors**: Global banking sector weakness, policy changes ### Secondary Scenario (Probability: 25%) **Extended Consolidation** - **Range**: 54,000-58,000 sideways movement - **Duration**: 4-8 weeks - **Catalyst**: Lack of strong directional catalyst - **Resolution**: Eventually breaks higher on fundamentals - **Trading Strategy**: Range trading approach ### Bearish Scenario (Probability: 10%) **Deep Correction** - **Catalyst**: Break below 53,200 on high volume - **Process**: Deeper retracement in larger uptrend - **Targets**: 50,500 → 48,000 → 45,000 - **Timeline**: 2-6 weeks - **Probability**: Low due to strong structural factors ### Black Swan Events (Low Probability) **Potential Catalysts**: - **Global Financial Crisis**: Major banking sector stress - **Geopolitical Tensions**: Regional conflicts affecting markets - **Policy Shock**: Unexpected regulatory changes - **Currency Crisis**: Significant INR devaluation --- ## 17. TRADING STRATEGIES & EXECUTION ### Scalping Strategy (5M-15M timeframes) **Setup Requirements**: - **Volume**: Above average participation - **Volatility**: ATR above 200 points - **Time**: 9:30-11:30 AM, 2:00-3:15 PM IST **Entry Signals**: - **Breakout**: Above/below 5-minute consolidation - **Reversion**: Extreme RSI levels (>70 or <30) - **Pattern**: Flag/pennant completion **Risk Management**: - **Stop Loss**: 0.25% of entry price - **Profit Target**: 0.5-0.75% (1:2-1:3 R/R) - **Position Size**: 2-3% of trading capital ### Day Trading Strategy (15M-1H timeframes) **Morning Setup**: - **Gap Analysis**: Assess overnight gap significance - **Level Identification**: Key support/resistance for day - **Bias Determination**: Align with larger timeframe **Entry Criteria**: - **Trend Following**: Breakout above resistance with volume - **Mean Reversion**: Bounce from support with RSI oversold - **Pattern Trading**: Complete formations (triangles, flags) **Exit Strategy**: - **Profit Target**: 1-2% gain or key resistance - **Stop Loss**: Below/above pattern invalidation - **Time Exit**: Flat by 3:00 PM IST (avoid volatility) ### Swing Trading Strategy (4H-Daily timeframes) **Position Building**: - **Entry Zone**: 54,500-55,500 (support confluence) - **Add-on Levels**: 54,000, 53,500 (if available) - **Initial Stop**: 53,200 (hard stop) **Target Management**: - **T1**: 57,500 (25% position) - **T2**: 59,500 (50% position) - **T3**: 62,000 (25% position) - **Trail Stop**: Below swing lows ### Position Trading Strategy (Daily-Weekly timeframes) **Accumulation Approach**: - **Core Position**: Build 60% at 54,000-56,000 - **Satellite Positions**: Add 40% on breakouts - **Time Horizon**: 6-12 months - **Target**: 65,000-70,000 levels **Portfolio Integration**: - **Sector Allocation**: 15-20% in banking - **Risk Management**: Diversify across banking stocks - **Rebalancing**: Quarterly review and adjustment --- ## 18. ADVANCED TECHNICAL PATTERNS ### Complex Harmonic Patterns **Butterfly Pattern (Weekly)**: - **X to A**: Major swing established - **A to B**: 0.786 retracement confirmed - **B to C**: 0.886 retracement verified - **C to D**: 2.618 extension targeting 54,200 - **Pattern Completion**: 88.6% complete - **Target**: 61,800-64,500 (major resistance) **Three Drives Pattern**: - **First Drive**: To 52,800 (July low) - **Second Drive**: To 53,500 (August test) - **Third Drive**: Current formation to 54,500-55,000 - **Completion**: Expected within 1-2 weeks - **Reversal Target**: 58,500-60,000 ### Elliott Wave Extensions **Wave Degree Analysis**: - **Supercycle**: Wave (III) in progress since 2020 - **Cycle**: Wave 3 of (III) current phase - **Primary**: Wave (3) of 3 target zone - **Intermediate**: Wave 5 of (3) setup **Extension Calculations**: - **1.618 Extension**: 61,500 (moderate target) - **2.618 Extension**: 68,500 (aggressive target) - **4.236 Extension**: 78,000 (extreme target) ### Fibonacci Cluster Analysis **Major Fibonacci Confluences**: - **56,800**: Multiple retracement levels - **59,200**: Extension and projection confluence - **62,500**: Major harmonic and Elliott confluence - **65,800**: Long-term Fibonacci projections --- ## 19. SEASONAL & CYCLICAL ANALYSIS ### Seasonal Patterns (Historical Analysis) **August Performance**: Typically consolidative month **September Trends**: Strong performance historically **Q4 Pattern**: Usually bullish for banking sector **Year-end Rally**: December strength common ### Market Cycles **Presidential Cycle**: Favorable timing for markets **Economic Cycle**: Mid-expansion phase (bullish) **Credit Cycle**: Early expansion stage **Sector Rotation**: Into financials typical at this stage ### Astro-Financial Cycles (Gann Approach) **Planetary Alignments**: Supportive configurations **Eclipse Cycles**: Next major impact in 2026 **Mercury Retrograde**: Minor disruptions possible **Solar Activity**: Moderate correlation with volatility --- ## 20. FINAL SYNTHESIS & RECOMMENDATIONS ### Technical Confluence Score: 8.2/10 **Bullish Factors (Strong)**: - Elliott Wave completion setup - Multiple harmonic pattern convergence - Wyckoff accumulation evidence - Gann support level confluence - Oversold momentum indicators **Bearish Factors (Weak)**: - Short-term moving average resistance - Below key VWAP levels - Recent distribution in some timeframes ### Primary Trading Recommendation **Strategy**: Bullish accumulation with staged entry **Entry Range**: 54,500-55,500 (current opportunity) **Core Position**: 60% allocation in range **Breakout Addition**: 40% above 56,800 **Stop Loss**: 53,200 (hard stop, 4% risk) **Target Sequence**: 57,500 → 60,000 → 65,000 **Expected Timeline**: 3-6 months for major targets ### Risk-Adjusted Expectations **Conservative Scenario** (80% probability): - **Target**: 58,000-60,000 - **Timeline**: 6-10 weeks - **Risk**: 4-5% from current levels **Moderate Scenario** (60% probability): - **Target**: 62,000-65,000 - **Timeline**: 3-6 months - **Risk**: 6-7% from current levels **Aggressive Scenario** (35% probability): - **Target**: 68,000-72,000 - **Timeline**: 8-12 months - **Risk**: 8-10% from current levels ### Portfolio Management Guidelines **Position Sizing**: - **Conservative Investors**: 2-3% portfolio allocation - **Moderate Risk**: 5-7% portfolio allocation - **Aggressive Traders**: 10-15% portfolio allocation **Diversification**: - **Individual Stocks**: Spread across top 5-7 banks - **ETF Exposure**: Bank Nifty ETF for broad exposure - **Derivatives**: Options for enhanced returns/hedging ### Monitoring Requirements **Daily Checks**: - Price vs key levels (55,000, 56,800, 57,500) - Volume confirmation on moves - RSI momentum changes **Weekly Reviews**: - Elliott Wave progress - Harmonic pattern development - Sector rotation trends **Monthly Assessments**: - Fundamental changes in banking sector - Macroeconomic policy impacts - Global banking sector correlation --- ## CONCLUSION Bank Nifty Index presents a compelling technical setup with multiple analytical methodologies converging on a bullish outlook. The current price of 55,341.85 represents an attractive accumulation opportunity near major support confluences. **Key Technical Strengths**: 1. **Elliott Wave structure** suggesting major Wave 5 impulse ahead 2. **Harmonic pattern completion** in multiple PRZ zones 3. **Wyckoff accumulation** evidence with professional buying 4. **Gann level support** with favorable time cycles 5. **Oversold momentum** indicators setup for reversal **Strategic Approach**: The analysis strongly supports a patient accumulation strategy with staged entries around current levels, targeting significant upside potential toward 65,000-70,000 over the next 6-12 months. **Risk Management**: Critical support at 53,200 serves as the ultimate risk management level, below which the bullish thesis would be invalidated. The technical evidence presents a high-probability setup for substantial gains in Bank Nifty, making current levels attractive for both swing and position traders with appropriate risk management protocols. For those interested in further developing their trading skills based on these types of analyses, consider exploring the mentoring program offered by Shunya dot Trade.(world wide web shunya dot trade) I welcome your feedback on this analysis, as it will inform and enhance my future work. Regards, Shunya.Trade world wide web shunya dot trade ⚠️ Disclaimer: This post is educational content and does not constitute investment advice, financial advice, or trading recommendations. The views expressed here are based on technical analysis and are shared solely for informational purposes. The stock market is subject to risks, including capital loss, and readers should exercise due diligence before investing. We do not take responsibility for decisions made based on this content. Consult a certified financial advisor for personalized guidance.
NSE:BANKNIFTY
by sunya
“NIFTY Price Action Breakdown Signals Next Big Move”🔑 Key Highlights (1) Control Line as Key Zone ➡️The control line has acted as strong support and resistance multiple times (around 18 confirmations). (2) Historical Example (Oct 2021) ➡️On 18 Oct 2021, NIFTY made a new high at 18,034. ➡️ The selling pressure was so intense that the index spent nearly 1.5 years trading below the control line. (3) Recent Supply Zone (Sep 2024) ➡️On 23 Sep 2024, heavy selling activity pushed the market down toward the lower value area. ➡️Even after rebounding, the index once again faced resistance at the control line. (4) No Trading Activity Zones ➡️The market has already formed one such zone in the past. ➡️Now a second “no trading activity zone” has been confirmed, showing reduced momentum and sideways behavior. (5) Next Possible Move ➡️There is a high probability that NIFTY will attempt to test the Lower Value Area (23,500–22,800). ➡️After that, the market may oscillate between the control line and the lower boundary before deciding its next major direction. 👉 This entire analysis is based purely on DAMIR’s Price Action Breakdown theory, no indictor, no oscillator had been used.
NSE:NIFTYLong
by rahul25
7
Nifty Weekly Outlook (15–21 August 2025)Nifty Weekly Outlook (15–21 August 2025) Above pivot = bullish bias. Below pivot = bearish bias. Watch for reversals near R1/S1, then R2/S2, and finally R3/S3 if levels break. 📢 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.
NSE:NIFTY
by AATHIE
Nifty Analysis EOD – August 14, 2025 – Thursday 🟢 Nifty Analysis EOD – August 14, 2025 – Thursday 🔴 Quiet Expiry Day on the Surface, Wild Moves Beneath 🗞 Nifty Summary Nifty opened neutral, and within the first 1 minute carved a 60-point range — a range that turned out to be almost the entire day’s action. For the rest of the session, the index stayed locked inside this band, repeatedly attempting to break above the PDH + R1 zone, but each time failing to sustain. Similarly, the lower boundary provided reliable support, keeping Nifty trapped. While the overall weekly expiry felt silent in terms of range, the price action inside the band was anything but quiet — wild intraday swings offered ample opportunities for scalpers and quick traders. Structurally, today’s range stayed inside the previous day’s range, aside from a few points of false breakout shadows. The game plan for the next session remains the same as discussed yesterday — we’re still waiting for a decisive breakout from this coiling structure. Refere the game plan here: 🛡 5 Min Intraday Chart with Levels 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Candle Data: Open: 24,607.25 High: 24,673.65 Low: 24,596.90 Close: 24,631.30 Change: +11.95 (+0.05%) Structure Breakdown: Green candle (Close > Open) Body size: 24.05 points → very small → low momentum Upper wick: 42.35 points Lower wick: 10.35 points Interpretation: Market opened near yesterday’s close, tried pushing higher but failed to hold gains. Small green body signals sideways indecision; buyers still defended the 24,600 zone. Longer upper wick vs lower wick → selling pressure near highs. Candle Type: Small-bodied Spinning Top / Doji-like candle → indecision, no clear trend control. 📊 Short-Term View Consolidation persists in 24,600–24,650 zone. Break above 24,675 = bullish strength. Break below 24,595 = bearish momentum toward 24,535–24,460. Range & Bias: Support: 24,595 – 24,535 Resistance: 24,675 – 24,700 Bias: Neutral-to-mildly bullish above 24,600 🛡 5 Min Intraday Chart ⚔ Gladiator Strategy Update ATR: 199.36 IB Range: 68.25 → Medium Market Structure: Balanced Trade Highlight: No Trade Triggered 📌 Support & Resistance Levels Resistance Zones: 24,660 24,690 ~ 24,700 24,735 24,780 Support Zones: 24,585 24,560 24,525 ~ 24,515 24,500 24,475 💡 Final Thoughts "The tighter the coil, the sharper the breakout." Nifty is compressing hard — a breakout is inevitable, and expiry’s quietness might just be the calm before a directional move. ✏️ Disclaimer This is a personal market observation, not financial advice.
NSE:NIFTY
by kzatakia
Nifty successful in breaking the falling pattern after 6 weeksNifty against all odds was successful in breaking the falling pattern after 6 weeks. However we are not out of danger yet. We need another positive weekly candle next week to confirm the reversal. As of now we do not know for sure that the low of last week that is 24337 is the bottom or bottom is yet to be made but anyway it was a great fight back against all odds of Trump Tariff Tantrum and the news of US's cozying up with our unfriendly neighbours. Amongst all this noise the great news came this evening when S&P (Standard & Poor's global sovereign rating agency) which has changed outlook for India after 17 years this welcome change comes as India's rating improved to BBB from BBB- that is from Stable to Positive. This is for all the nay Sayers who doubted. India's long term outlook. The Tariff noise will go away in few weeks or months but Long term investors should look at buying and reshuffling the portfolios looking in tune with the tail winds. Medium to short term supports and resistances for Nifty remain are as under: With all this data coming in Support for Nifty remains at: 24334, 24032 (Mother line support of weekly chart), If this level is broken we may see Nifty falling temporarily towards 23318 or lower. Resistances for Nifty remain at: 24644, 24868, 25260 (Key resistance level), 25442, 25660. 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 Analysis EOD – August 13, 2025 – Wednesday🟢 Nifty Analysis EOD – August 13, 2025 – Wednesday 🔴 Volatile Inside Day Keeps Traders Guessing Before Expiry 🗞 Nifty Summary Nifty opened with a 102-point gap-up, driven by early bullish sentiment. However, the 24,600 zone acted as resistance right from the start, pushing prices down by 64 points to mark the day’s low at 24,535.25. Support emerged from the CPR zone, fueling a rebound that broke through 24,600 and set a new day high at 24,614.20, completing the Initial Balance (IB). Once again, Nifty failed to sustain above 24,600, drifting between the IB range and VWAP. Around 12:40 PM, IB high was breached, but the index had to fight hard to stay above it. After an extended struggle to reach the previous day’s high, the index finally topped at 24,664.55, then retreated back toward the IB high before closing at 24,630.40. Price action was highly volatile with no clear directional conviction, reflected in the long wicks on 5-minute candles. Structurally, the day remained balanced and inside the previous day’s range, forming an Inside Bar pattern on the daily chart — a setup known for potential breakout opportunities. 🛡 5 Min Intraday Chart with Levels 🎯 Tomorrow’s Game Plan Tomorrow is weekly expiry, and my bias starts bullish: 💡 Bullish Plan: If the market opens inside today’s range, I’ll wait for a breach and hold above 24,660 for long opportunities. First hurdle: 24,700 Targets: 24,780 → 24,825 → 24,890 💡 Bearish Plan: Not my primary view, but I’ll consider shorts if 24,525 ~ 24,515 breaks and sustains below. First hurdle: 24,475 ~ 24,465 Targets: 24,425 → 24,350 → trail for deeper dips 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown OHLC: Open 24,586.20 | High 24,664.55 | Low 24,535.25 | Close 24,619.35 Change: +131.95 (+0.54%) Body: 33.15 points (small) Upper Wick: 45.20 points Lower Wick: 50.95 points 📌 Interpretation: Small-bodied green Spinning Top → market hesitation despite a positive close. Close above the midpoint hints at a mild recovery attempt. Buyers need follow-through above 24,665 to build momentum; losing 24,535 could shift bias bearish. 📊 Short-Term View Bias: Mildly bullish above 24,585 Support: 24,500 – 24,475 Resistance: 24,660 – 24,700 🛡 5 Min Intraday Chart ⚔ Gladiator Strategy Update ATR: 212.98 IB Range: 78.95 → Medium Market Structure: Balanced Trade Highlight: 12:40 PM – Long Entry → SL Hit 📌 Support & Resistance Levels 📌 Resistance Zones: 24,660 24,690 ~ 24,700 24,735 24,780 📌 Support Zones: 24,585 24,560 24,525 ~ 24,515 24,500 24,475 💡 Final Thoughts "Inside Bars before expiry can be like coiled springs — they can snap in either direction, and fast." Patience in the morning and disciplined level play will be key tomorrow. ✏️ Disclaimer This is my personal market view for educational purposes — not financial advice.
NSE:NIFTY
by kzatakia
Lower High Lower Low forming in Nifty showing overall weakness. Today market showed some positive intent by reaching 24702 but could not sustain the levels and fell flat to close at 24487 giving up 215 points from the top. This proves that Nifty is continuously failing to sustain the momentum and after making a high seems to be plunging further and further. It seems to have become sell on bounce market. Every bounce is used by investors to exit theri positions. This is leads us into he current formation of lower highs and lower lows. A change in pattern and formation is required for the market to go back to bullishness. The market seems to be waiting for some good news on Tariff front to spur the interest of retail investors. For this to happen a closing above the trend line is required. Right now market remains in a bear grip. Long term investors and dividend investors have an extended time to buy some stocks available at good value focus should be on the stocks that can maximize returns when the Bull rally begins. Buy in parts do not go all in at once as this market can present buying opportunities time and again. Supports for Nifty remain at: 24339, 24185 and 23948. (Market may fall into total Bear grip if we get a closing below 23948.) Resistances for Nifty remain at: 24566 (Mother line resistance of an hourly chart), 24734, 24829 (Father line resistance). 24936, 25106 and finally 25260. (Bulls will control the market after we get a weekly closing above 25260). 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 Analysis EOD – August 12, 2025 – Tuesday🟢 Nifty Analysis EOD – August 12, 2025 – Tuesday 🔴 24700 Attempt, But Bulls Lose Steam at Resistance 🗞 Nifty Summary Nifty opened 18 points lower and slipped further by 12 points to hit the day’s low at 24,530.75. From there, a steady and confident rally took it one-sided to the 24,700 zone, marking the high at 24,702.60. As highlighted in yesterday’s note, 24,725 was expected to be a key resistance zone — and right near 24,700, selling pressure emerged. The index slipped back toward the previous day’s close, tried to hold, but dipped again to the day’s low. A positive sign was that the day’s low held, forming a double bottom pattern, followed by a rise above VWAP. However, failure to sustain above 24,620 saw bulls lose momentum, and bears dragged Nifty to 24,475, finally closing at 24,485.20. We were expecting a close above 24,660–24,675 to keep bullish momentum intact, but such expectations may be premature while base-building is underway at lower levels. Today’s price action suggests higher levels are attracting selling pressure, and sentiment shifted despite breaking the previous day’s high. Still, holding the day’s low at the Fib 0.618 retracement of the previous session means tomorrow’s opening above and sustaining this level could lead to a retest of 24,700 — with 24,620 and 24,650 acting as interim hurdles. Interestingly, since 31st July, price action has shown random intraday swings without clear news or events — a cautionary sign for traders in the coming days. 🛡 5 Min Intraday Chart with Levels 🚶 Intraday Walk Opened slightly negative, extended minor losses to the day’s low at 24,530.75. Strong, steady upside rally to 24,700 zone. Resistance selling kicked in right before the key 24,725 zone. Sharp fall back toward the previous day’s close, followed by a double-bottom intraday structure. VWAP break failed to sustain, leading to late-day selling pressure. Closed well below the morning’s highs, losing bullish momentum. 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Today’s Candle Type: Inverted Hammer on a down day. OHLC: Open 24,563.35 High 24,702.60 Low 24,465.65 Close 24,487.40 Change −97.65 (−0.40%) Body: 75.95 points (small) Upper Wick: 139.25 points (long) Lower Wick: 21.75 points (small) Key Observation: Buyers pushed strongly early but failed to hold — sellers dominated into the close. What it Implies: Near-term bearish bias below 24,500; rejection at 24,700 confirms supply zone pressure. 🛡 5 Min Intraday Chart ⚔ Gladiator Strategy Update ATR: 216.97 IB Range: 171.85 → Medium Market Structure: ImBalanced Trade Highlights: 09:20 AM: Long Entry → Target Hit (R:R = 1:1.5) 🎯 What’s Next? / Bias Direction Bias: Bearish below 24,500. Supports: 24,460 – 24,420, then 24,350. Resistances: 24,640 – 24,700. A sustained open above 24,500 with holding could invite a retest of 24,700, but the path remains choppy. 📌 Support & Resistance Levels Resistance Zones: 24,620 24,660 ~ 24,675 24,725 ~ 24,735 24,780 Support Zones: 24,475 ~ 24,445 24,410 ~ 24,400 24,350 💡 Final Thoughts "The market doesn’t care about your hopes — it moves where the pressure flows." Until the base solidifies, upside rallies will face headwinds. Respect the zones, trade the levels, and let price prove itself. ✏️ Disclaimer This is just my personal viewpoint. Always consult your financial advisor before taking any action.
NSE:NIFTY
by kzatakia
Nifty Analysis EOD – August 11, 2025 – Monday🟢 Nifty Analysis EOD – August 11, 2025 – Monday 🔴 Bulls Strike Back — Friday’s Damage Erase 📝 Nifty Summary Nifty opened 29 points higher and quickly filled the gap. At the previous day’s close, it took support and marked the day’s low at 24,347.45 — which remained untouched for the rest of the session. From there, it fought through each resistance level, climbed to the previous day’s high, and marked a day high of 24,600.85. A mild 40-point dip followed, but the index still closed strong at 24,560.45, reclaiming all of Friday’s losses and nearly matching Thursday’s close (just 11 points short). The question now: a) Was this just a dead cat bounce? b) Or the start of a base-building phase after oversold conditions? c) Or was it fueled by some positive news? (No major news tracked today) Whatever the cause, bulls are back in the zone. To maintain positive momentum, tomorrow’s close needs to be above 24,650. 🛡 5 Min Intraday Chart with Levels 📉 Daily Time Frame Chart with Intraday Levels 📉 Daily Candle Breakdown Open: 24,371.50 High: 24,600.85 Low: 24,347.45 Close: 24,585.05 Change: +221.75 (+0.91%) Structure Breakdown Candle Type: Green (Close > Open) Body Size: 213.55 points (near-full body) Upper Wick: 15.80 points (tiny) Lower Wick: 24.05 points (small) Interpretation Strong bullish control: Open near the low, close near the high. Minimal wicks show decisive directional movement with little intraday rejection. Fully recovered from Friday’s sell-off — almost engulfing it. Candle Pattern: Bullish Marubozu (near-full body) — often a sign of potential upside continuation if volume supports the move. 📊 Short-Term View (from August 8, 2025 reference) Price reclaimed the 24,460 resistance zone and closed above it. Momentum shifted from bearish to bullish. Next watch: 24,620-24,675 supply zone, and 24,700 psychological mark. Range & Bias Support Zone: 24,475 – 24,445 Resistance Zone: 24,660, 24,725 Bias: Bullish above 24,460 Trading Insight If buyers hold above 24,460, next target is 24,725. Rejection there may trigger a quick pullback toward 24,500. 🛡 5 Min Intraday Chart ⚔ Gladiator Strategy Update ATR: 214.75 IB Range: 80.95 → Medium Market Structure: Balanced Trade Summary: 10:20 AM: Long Entry → Target Hit (R:R = 1:2.65) 🗺 Support & Resistance Levels Resistance Zones: 24,620 24,660 ~ 24,675 24,725 ~ 24,735 24,780 Support Zones: 24,500 24,475 ~ 24,445 24,410 ~ 24,400 24,350 💭 Final Thoughts Strong comeback by the bulls today, erasing Friday’s weakness in one swift move. Whether it’s a one-off bounce or the start of something bigger will be clearer after tomorrow’s close. "Structure is key. When levels hold, momentum follows — when they break, so does conviction." ✏️ Disclaimer This is just my personal viewpoint. Always consult your financial advisor before taking any action.
NSE:NIFTY
by kzatakia
Good Bounce by Nifty from Technical RSI Support zone. We saw a good comeback and bounce by Nifty from a Technical RSI support zone which is around 33. We can by no means call this start of a Bull rally as of now. For Bull Rally to sustain we need a closing on Nifty above 24842. In such a scenario if we get a closing above 24842 the Bulls will feel comfortable. Bulls can breath easy only after we get a closing above 25256 zone. Above 25256 the Bulls can take control of the market. With Nuclear threats flowing around and still Tariff related issues prevailing it looks difficult for Bulls to take proper control of the market. The bounce we saw today can be credited to few reasons mentioned below: 1) Government announcement to support the sectors that will be most affected by Tariffs. 2) Some noises from within the Government to increase the spending to compensate for the GDP loss due to Tariff situation. 3) Silver lining in the clouds which are showing due to the upcoming Trump-Putin talks, Indian PM's proposed China visit. 4) RBI has allowed Indian banks to open special Vostro accounts to facilitate international trade settlements. (However if this has built positive sentiment is something which is yet to be fully understood). Also I am not an expert to understand the framework under which these accounts will work or how it will benefit our companies is a matter of economic experts to study. With all this buildup the supports for Nifty remain at: 24343 and 24204. Below 24204 closing or weekly closing the Bears will take total control of the market and drag Nifty below 24K towards 23788 or 23223. Most important support remains at 24204 (Father line Support of Daily charts). Nifty Resistances remain at: 24614, 24772, 25063 and finally 25256. Above 25256 Bulls can take control of the market and we will comment above further levels when we get there. 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 Analysis EOD – August 8, 2025 – Friday🟢 Nifty Analysis EOD – August 8, 2025 – Friday 🔴 From Yesterday’s Glory to Today’s Gloom — Bulls Knocked Off the Board Today’s market was a textbook case of how quickly momentum can flip. Yesterday’s 289-point bullish surge was completely erased, with Nifty ending deep in the red and closing at the day’s low. Sellers clearly had the upper hand, leaving little room for bulls to breathe. 🗞 Nifty Summary Friday opened with a 65-point gap-down — right below the crucial 24,580 support zone — and that level instantly showed rejection. In the first 45 minutes, Nifty slipped 150 points from the day high and 200 points from the previous day high. The key Fibonacci retracement level from yesterday’s range — 24,406 ~ 24,412 — played the role of intraday savior multiple times, offering support and holding the market within a narrow zone for most of the day. However, the bulls’ defense cracked after 3:00 PM. The support broke, triggering a sharp slide below 24,380 and even the Previous Day Low (PDL). The upside was capped by 24,470 ~ 24,460, while 24,406 ~ 24,412 remained the battleground for most of the day until the breakdown. In a single session, yesterday’s dramatic 289-point recovery rally was completely erased — with Nifty closing at the bottom of the PDL and CDL. Today’s close is now below the low of 12th May, marking a 64-session (88-day) low. Now the question for Monday: will bearish momentum extend, or will some positive news bring bulls back into play? 🛡 5 Min Intraday Chart with Levels Intraday Walk 🔻 Gap-down open below major support at 24580. ⏳ First 45 minutes: Steep drop of 150 points from the day high. 🛡️ Fib support at 24406–24412 holds multiple times… until the late break. 🔻 Post 3 PM: Support collapse leads to fresh lows below PDL. 📉 Close near day’s low — erasing yesterday’s bullish rally. 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 24,544.25 High: 24,585.50 Low: 24,337.50 Close: 24,363.30 Change: −232.85 (−0.95%) Structure: Real Body: 180.95 pts (Red Candle — Close < Open) Upper Wick: 41.25 pts Lower Wick: 25.80 pts Interpretation: Strong bearish sentiment — sellers maintained control from open to close. Very small lower wick — indicates conviction from sellers in closing near the low. Wiped out prior day’s gains — buyers have lost the short-term edge. Candle Type: Bearish Marubozu (near-full body) — signals decisive selling pressure, often a continuation pattern after weakness. 🛡 5 Min Intraday Chart 🥷 Gladiator Strategy Update ATR: 210.45 IB Range: 134.05 → Medium Market Structure: Balanced Trade Summary: 10:35 AM – Short Entry → SL Hit 📌 What’s Next? / Bias Direction Below 24,400: Bearish momentum likely to extend toward 24,250–24,200. Above 24,470: Only a strong reclaim can shift bias back to neutral. Gap-down/weak open on Monday may accelerate selling; bounce attempts will face resistance at 24,400–24,470. 🔍 Support & Resistance Levels Resistance Zones: 24,406 ~ 24,412 24,460 ~ 24,470 24,500 24,580 Support Zones: 24,315 24,280 24,240 ~ 24,225 24,185 💬 Final Thoughts "Markets don’t turn on hope — they turn on price. Respect the levels, and let price lead the story." Bulls had the glory on Thursday, but Friday flipped the script completely. The market now sits at a multi-month low — momentum favors bears, but Monday’s open will decide if we see follow-through selling or a sharp dead-cat bounce. ✏️ Disclaimer This is just my personal viewpoint. Always consult your financial advisor before taking any action.
NSE:NIFTY
by kzatakia
Nifty 50's Elliott Wave Analysis & Price ProjectionHey, so let's take a look at this chart of the Nifty 50. where the market might be heading. Just a heads-up, this is all for learning, not for making actual financial decisions. Think of it more like a potential roadmap than a guaranteed outcome. From what I can see, the chart is laying out a classic five-wave pattern. * Wave 1: The first big push up was in the latter half of 2022 into early 2023. It was the start of the uptrend. * Wave 2: After that, the market pulled back a bit—a healthy correction, really—in the middle of 2023. It didn't drop below the starting point of the first wave, which is exactly what you'd expect. * Wave 3: This was the huge run-up that we saw from mid-2023 all the way into early 2024. That's typically the strongest and longest part of the move. The chart marks it with a "(b)" which suggests it's part of a bigger picture, but for now, we can see it as the big third wave. * Wave 4: Now, we're in the middle of a correction, a kind of zigzag, that started after that massive run-up. The chart shows it finding a bottom around mid-2025. It's like the market is taking a breather before the final push. * Wave 5: And this is where it gets interesting. The chart is forecasting the final leg up, starting from this mid-2025 low. It's suggesting we could see a big rally, with the Nifty potentially hitting targets around 28,000 and even above 30,000 by late 2026 or 2027. Basically, the chart is saying we've gone up, corrected, gone up big, and now we're in a smaller correction, getting ready for one last big move to the upside. Again, this is just one way of looking at the market. No one has a crystal ball, and a ton of other things—like news, company earnings, and what's happening around the world—could change this forecast completely. So, always do your own homework and talk to a pro before you invest your hard-earned money. This forecast report is for educational purposes only and should not be considered financial advice. Market analysis, especially projections based on technical indicators like Elliott Wave theory, is speculative and does not guarantee future results. Always conduct your own research and consult with a financial professional before making any investment decisions.
NSE:NIFTYLong
by naynabengohil
important Fibonacci retracement level approaching for NiftyVery important fibonacci retracement level for Nifty is arriving with ever increasing Trump tantrum and Indian defiance to toe US and EU line on Russian Crude and other trade practises. Market looks delicately placed at this juncture as investors fear that action from the West would undermine Indian growth story. The current fall can be utilized for shifting the balance of the portfolio towards goods that will be 100% made in India and will be consumed in India. For long term investors the current fall can be used to accumulate long term investment ideas with a horizon of 2 to 3 years. Supports for Nifty remain at: 24438 (Important Fibonacci support), 24190 (Father line support, closing below this will enable bears to pull down Nifty towards next supports), 23832 (Next Fibonacci support), 23045 (Major Fibonacci support). Resistance for Nifty remain at: 24896 (Mother Line Support), 25231 (Next Fibonacci resistance. A closing above this level will enable bulls to pull Nifty towards next trend line resistance), 25666 (Next Trend line resistance). 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