Technical Analysis: NIFTY50 (Closing: ₹24,968.40 on 18-Jul-2025)*Analysis as of 21-Jul-2025 (Monday)*
1. Candlestick Patterns
Daily: A bearish engulfing pattern formed on 18-Jul-2025, closing below the prior candle’s low. Signals short-term reversal risk.
Weekly: Doji formation (indecision) near all-time highs. Weekly close below ₹25,000 warns of exhaustion.
Intraday (4H): Bearish pin bars at ₹25,100 resistance. Watch for follow-through selling below ₹24,900.
2. Harmonic Patterns
Daily: Potential Bearish Bat pattern in development:
XA: ₹23,200 → ₹25,200 (100%)
B: 61.8% retracement at ₹24,400 (pending)
Confirmation below ₹24,400 targets ₹23,800 (0.886XA).
3. Elliott Wave Theory
Weekly: Final waves of Wave 5 (impulse) likely complete at ₹25,200.
Daily: Starting ABC corrective wave:
Wave A: ₹25,200 → ₹24,800 (if breaks ₹24,900)
Wave B: Rally to ₹25,000–25,100 (short opportunity)
Wave C: Target ₹24,300 (1.618xA).
Intraday (1H): Minute wave iii down in progress below ₹24,950.
4. Wyckoff Theory
Phase: Potential distribution near highs:
Upthrust (18-Jul high ₹25,120) failed to hold.
Spring Level: ₹24,900. Break confirms downtrend (test supply).
Downside target: ₹24,500 (fall after distribution).
5. W.D. Gann Analysis
Square of 9:
Key support: √24,968 ≈ 158.0 → 158² = 24,964 (critical pivot).
Close below 24,964 opens ₹24,650 (next square).
Time Cycles:
21-Jul is 180° from 21-Jan 2025 high. Watch for trend change.
Gann Angle: 1x1 angle from Jul-2025 high at ₹25,200 → breaks below imply ₹400/day decline.
6. Ichimoku Kinko Hyo (Daily)
Tenkan: ₹24,950 (resistance)
Kijun: ₹24,800 (support)
Cloud: Lagging span below price; cloud thinning (bearish momentum).
Signal: Price below Kijun → trend weakness.
7. Key Indicators
RSI (Daily): 62 → declining from overbought (70). Bearish divergence.
Bollinger Bands (4H): Price testing lower band (₹24,900). Break targets ₹24,600 (2σ lower).
VWAP (1H): ₹25,050 → intraday resistance.
Moving Averages:
Death Cross (50-DMA/200-DMA): Not triggered, but 5-DMA (₹25,020) crossed below 20-DMA (₹25,050).
Timeframe Summary
Timeframe Key Levels Bias Pattern/Thesis
5M/15M Res: ₹24,990 Bearish Scalp shorts below VWAP (₹25,050)
30M/1H Res: ₹25,050 Sup: ₹24,900 Bearish Bearish EW wave iii; RSI < 50
4H Res: ₹25,100 Sup: ₹24,800 Neutral Break below ₹24,800 confirms Wyckoff distribution
Daily Res: ₹25,200 Sup: ₹24,400 Bearish Bearish Bat + ABC correction
Weekly Res: ₹25,500 Sup: ₹24,000 Neutral Doji warns of reversal; hold ₹24,400 key
Actionable Outlook
Intraday (21-Jul):
Short below ₹24,900 (SL: ₹25,050) → Target ₹24,800.
Break below ₹24,800 extends to ₹24,650.
Swing (1–2 Weeks):
Sell rallies near ₹25,100 (SL: ₹25,250) → Target ₹24,400.
Weekly close > ₹25,200 invalidates bearish view.
Critical Supports: ₹24,800 (Wyckoff spring) → ₹24,400 (Harmonic/EW target) → ₹24,000 (psychological).
Key Resistances: ₹25,050 (VWAP) → ₹25,200 (ATH) → ₹25,500 (Gann square).
Nifty50
Nifty Closes Below 25,000 — What Lies Ahead?The Indian market's recent uptrend appears to be losing momentum, as the benchmark Nifty index extended its decline for the third consecutive week, ending just below the important 25,000 mark.
This pullback has been largely driven by weakness in the Financial and IT sectors, with major players like NSE:TCS , NSE:HCLTECH , and NSE:AXISBANK posting disappointing earnings.
From a technical perspective, the index is now approaching a key support zone near 24,900. A decisive break below this level could open the door for a further slide towards 24,500.
Open Interest (OI) data reinforces this view, with the 25,000–24,900 zone seeing the highest put writing, marking it as an immediate support area. On the upside, strong call writing at 25,100 and 25,200 on Friday suggests these levels will act as immediate resistance.
Given the current structure, the outlook for the coming week remains neutral to bearish.
Traders are advised to stay cautious, manage risk effectively, and keep a close watch on these crucial levels.
Can Reliance and Banks turn Nifty around? do or die Monday. Nifty as of now has taken support at Mother line in daily chart. As expected in my Yesterday's message. So Hopefully if Big Banks Results are in line tomorrow we might see Nifty going upwards from Monday.
Mota Bhai just announced the results. EBITDA is slightly less than expected but Net Profit and Revenue is much better than Market expectation. In my view market should react positively to this result.
Supports For Nifty remain at 24932 (Mother line), 24759, 24503. As indicated earlier if we get a closing below 24503 we may see a Fall towards 24106 or 23929 (In unlikely circumstances).
Nifty Resistances remain at: 25035, 25248, 25400 and 25613 (Channel top Resistance).
Results for tomorrow
HDFC BANK
ICICIBANK
AUSMALL BANK
RBL BANK
UNION BANK
YES BANK
CENTR BANK
PUNJA BANK
CENTR BANK
So it seems like a Do or Die Monday on cards. Shadow of the candle looks neutral 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.
Nifty Analysis EOD – July 18, 2025 – Friday🟢 Nifty Analysis EOD – July 18, 2025 – Friday 🔴
“Deep Dive Below 25K – Bounce or Breakdown Ahead?”
As we discussed yesterday, a big move was on the cards — and Nifty delivered.
The index started flat to negative, and from the opening tick, sellers took firm control. It sharply broke through multiple key supports: PDC, PDL, S1, the important 25,080–25,060 support zone, swing low, 25,000–24,980, and even 24,965.
Buyers finally showed up near 24,920, a crucial level, and pulled off a modest 86-point recovery. The session ended at 24,968.40, still below the psychological 25,000 mark and the fractal swing low of July 14.
🕯 5 Min Time Frame Chart with Intraday Levels
🔍 Mixed Signals:
✅ Positive: Today’s low aligns with the 0.618 Fib retracement from the June 13 low to June 30 high — potential support zone.
✅ Positive: RSI(3 of 3) shows bullish divergence — early reversal sign?
❌ Negative: Closed below July 14 swing low — weak structural signal.
❌ Negative: Below 25,000 — psychological breakdown.
❓Now the big question: Will this bearish move continue, or is it a fakeout before reversal?
You're still bullish on the overall daily trend, but tactically bearish for intraday until a close above 25,125 confirms strength.
🕯 Daily Time Frame Chart For Additional View
🕯 Daily Time Frame Chart with Intraday Levels
🕯 Daily Candle Breakdown
Open: 25,108.55
High: 25,144.60
Low: 24,918.65
Close: 24,968.40
Change: −143.05 (−0.57%)
📊 Candle Structure Breakdown
Real Body: 140.15 pts → Large red bearish body
Upper Wick: 36.05 pts → rejection near early highs
Lower Wick: 49.75 pts → dip buying near 24,920
🔍 Interpretation
Mildly negative open with early strength attempt near 25,140
Sharp decline through major support zones
Buyers stepped in at 24,920, but recovery lacked follow-through
Close below 25K and key swing low confirms steady intraday selling pressure
🕯 Candle Type
Strong Bearish Candle with both wicks — sellers dominated, but not without some resistance from buyers at the lows.
📌 Key Insight
Short-term bearish momentum confirmed
24,920–24,890 is next critical support; breakdown may extend to 24,882–24,825
Bulls need to close above 25,125+ to reclaim control
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 181.56
IB Range: 126.45 → Medium IB
Market Structure: 🔴 Imbalanced
🟢 Trades Triggered:
09:42 AM – Short Trade → ✅ Trailed SL Hit Profit (R:R = 1 : 3.87)
📌 Support & Resistance Levels
Resistance Levels:
24,980 ~ 25,000
25,080 ~ 25,060
25,125
25,168
25,180 ~ 25,212
Support Levels:
24,965
24,894 ~ 24,882
24,825
24,800 ~ 24,768
💭 Final Thoughts
“Sometimes markets fall not to reverse, but to recharge.”
Today’s drop pierced major support zones, but the bounce from 0.618 Fib hints at possible resilience.
Structure needs clarity — Monday’s session will reveal whether this was a trap or fuel for bears.
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
Nifty Analysis EOD – July 17, 2025 – Thursday🟢 Nifty Analysis EOD – July 17, 2025 – Thursday 🔴
📉 Sellers Grip Expiry Day — Big Move Loading?
Nifty started again with an OH (Open = High) formation and slipped down 94 points before 10:30 AM, marking the day’s low at 25,144. During this fall, it broke the support zone of 25,212 ~ 25,180. Although a retracement followed, it couldn’t sustain above the mean and eventually broke below the previous day’s low (PDL), closing at 25,111.45.
The weekly expiry was wild and volatile — especially from 12:30 to 2:30 PM. Interestingly, if we consider the total range of the last three sessions, it is just 166 points — well below average. This suggests a phase of consolidation. A significant move may emerge once Nifty decisively breaks the broader zone of 25,000 to 25,255.
🕯 5 Min Time Frame Chart with Intraday Levels
🕯 Daily Time Frame Chart with Intraday Levels
📊 Daily Candle Breakdown
Open: 25,230.75
High: 25,238.35
Low: 25,101.00
Close: 25,111.45
Change: −100.60 (−0.40%)
Candle structure breakdown:
Real body:
Red candle (Close < Open): 25,230.75 − 25,111.45 = 119.30 points → Decent-sized bearish body
Upper wick:
25,238.35 − 25,230.75 = 7.60 points → Very small
Lower wick:
25,111.45 − 25,101.00 = 10.45 points → Small
Interpretation:
Nifty opened slightly lower, made a weak attempt upward, then saw consistent selling throughout the day, closing near the session’s low. The negligible wicks indicate that sellers were in full control, and buyers had little room to fight back.
Candle Type:
A strong bearish candle (almost Marubozu) with very small wicks → Clear dominance by sellers.
Key Insight:
The test of the 25,100 zone again shows weakening bullish strength.
If the next session breaks below 25,100, the fall may extend toward 25,000–25,050.
For bulls to regain short-term momentum, a close above 25,200–25,220 is necessary.
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 176.62
IB Range: 60.85 → Medium IB
Market Structure: Balanced
Trades Triggered:
🕒 10:53 AM – Long Trade → Trailed SL Hit Profit (R:R = 1:0.42)
🧭 What’s Next? / Bias Direction
The market is coiling within a narrow range across multiple sessions, hinting at a potential breakout move.
📌 Watch Zone: 25,000 to 25,255
🔻 A break below 25,000 may open 24,950–24,900
🔺 A close above 25,260 could drive price toward 25,350+
Bias remains neutral-to-bearish unless bulls reclaim 25,220 decisively.
🧱 Support & Resistance Levels
Resistance Levels
25,168
25,180 ~ 25,212
25,260
25,295 ~ 25,315
Support Levels
25,125
25,080 ~ 25,060
25,000 ~ 24,980
24,965
🧠 Final Thoughts
"Structure is key. When levels work, respect them. When they break, adapt."
Three sessions of compression hint at expansion soon — stay alert and trade level-to-level with discipline.
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
If Mother Line Support will hold, we might see a C&H formation. Although we saw a negative closing today, the chart suggests that if Mother line support will hold we might see a reversal and a Cup and Handle Formation in the near future. Cup and Handle formation is a great pattern which can help us reach the previous high and surpass it. If it happens or not only time can tell.
Supports For Nifty right now remain at: 25035, 24930 (Important Mother Line Support of Daily chart), 24759 and 24503. If 24503 is broken then there will be overall weakness in the market and we can see Nifty plummeting to 24097 (Father Line Support of Daily chart). Just below 24907 there will also be the mid channel support of 23929. (Just in case we reach there).
Resistances For Nifty Remain at: 25248, 25400, 25613 and 25915 seems to be the channel top as of now.
Nifty is delicately placed and the support of 24930 and Resistance of 25248 are the key levels to be watched. Above 25248 Bulls become strong. Below 24930 Bears become strong. Right now we are in no man's land with shadow of the candle slightly negative. If we see a bounce tomorrow or from the Mother line the shadow will has potential to turn positive later in the day tomorrow or next week.
Short term Outlook: Neutral to negative.
Medium Term Outlook: Neutral to Positive.
Long Term Outlook: Positive.
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.
Nifty Analysis EOD – July 16, 2025 – Wednesday🟢 Nifty Analysis EOD – July 16, 2025 – Wednesday 🔴
"Bounce Back with Caution: Bulls Show Up, But Still Not in Full Control"
Nifty started the day on a flat note, but the opening candle turned out to be the day’s high, and from there, it quickly lost 91 points, marking the day’s low at 25,121 within the first hour. The early pressure gave a bearish opening tone, but bulls gradually stepped in.
Around 11:45 AM, Nifty broke above the VWAP–Day Low range, crossed the CPR zone, and then pushed toward PDH. It did make one attempt to break PDH, but failed, resulting in a slow drift downward toward VWAP and CPR into the close. The day ended at 25,212.05, nearly at CPR — a zone of indecision.
📉 The structure shows sharp reversal from the lows, but also clear hesitation near resistance zones. The session was volatile, forming a typical pre-expiry pattern with mixed sentiment. Bulls must take charge tomorrow by crossing the 25,250–25,260 zone to regain strength.
🕯 5 Min Time Frame Chart with Intraday Levels
🕯 Daily Time Frame Chart with Intraday Levels
🕯 Daily Candle Breakdown
Open: 25,196.60
High: 25,255.30
Low: 25,121.05
Close: 25,212.05
Change: +16.25 (+0.06%)
📊 Candle Structure Breakdown
Real Body: 15.45 points → small green body
Upper Wick: 43.25 points
Lower Wick: 75.55 points → significant downside recovery
🔍 Interpretation
Market opened flat, dropped quickly to test 25,120 zone
Strong buying emerged after initial fall
Buyers lifted the index above CPR, but failed to hold breakout above PDH
Candle closes with long lower wick → buyers defended dip, but lacked closing dominance
🕯 Candle TypeSpinning Top with Long Lower Wick — often a neutral to mildly bullish candle, suggesting buying interest at lower levels, but with uncertain momentum.
📌 Key Insight
Bulls clearly defended the 25,120–25,125 support zone
Momentum will only resume above 25,250–25,260, leading to targets around 25,300–25,315
Failure to hold 25,120 could reopen downside toward 25,000–25,050
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 180.99
IB Range: 91.20 → Medium IB
Market Structure: 🟡 Balanced
Trades Triggered
11:34 AM – Long Trade → ✅ Target Achieved, Trailed SL Hit (R:R 1:2.42)
📌 Support & Resistance Zones
Resistance Levels
25,168
25,180 ~ 25,212
25,260
25,295 ~ 25,315
Support Levels
25,125
25,080 ~ 25,060
25,000 ~ 24,980
24,965
💭 Final Thoughts
“Structure is forming — but conviction is lacking. Let expiry day bring clarity. Above 25,260 we fly, below 25,120 we fall.”
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
Nifty Analysis EOD – July 15, 2025 – Tuesday🟢 Nifty Analysis EOD – July 15, 2025 – Tuesday 🔴
"Buyers Step Back with Conviction, Reclaim Lost Ground"
Nifty began the session with a flat-to-positive tone, and the first 5-minute candle confidently added 60 points, pushing the index toward 25,150 – aligning with the Previous Day High (PDH). However, the level couldn't hold on the first attempt and Nifty slipped back to the day's open. After a brief consolidation, bulls made a strong comeback.
The second push broke through the PDH, Day High, and the resistance zone of 25,180–25,212, and extended the move up to mark the day’s high at 25,245.20. Post that, the index hovered above the breakout zone and closed solidly at 25,195.80, showing strength and follow-through.
📈 The day’s structure was clean and directional — a healthy bounce and hold above critical levels, reinforcing the idea that buyers are regaining control after last week’s consolidation and weakness.
🕯 5 Min Time Frame Chart with Intraday Levels
🕯 Daily Time Frame Chart with Intraday Levels
🕯 Daily Candle Breakdown
Open: 25,089.50
High: 25,245.20
Low: 25,088.45
Close: 25,195.80
Change: +113.50 (+0.45%)
📊 Candle Structure Breakdown
Real Body: 106.30 points – strong green bullish body
Upper Wick: 49.40 points – profit-taking or resistance at highs
Lower Wick: 1.05 points – negligible dip from open
🔍 Interpretation
Opened flat and quickly built momentum.
Temporary pullback in first 15 minutes was bought into strongly.
Closed with a clean green body, showing clear intraday bullish intent.
Holding above the 25,180–25,212 zone is a big win for bulls.
🕯 Candle Type
Bullish Marubozu-like (strong green body with minimal lower wick) — shows conviction and potential start of a new upswing post recent chop.
📌 Key Insight
25,080–25,100 is now a key base and must be protected.
If Nifty can break and hold above 25,240–25,250, a move toward 25,295–25,315 looks likely.
Failure to hold above 25,180 would be first sign of hesitation.
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 186.18
IB Range: 67.35 → Medium IB
Market Structure: 🟢 Balanced
Trades Triggered
10:30 AM – Long Trade → ✅ Target Achieved, Trailed SL (R:R 1:2.48)
📌 Support & Resistance Zones
Resistance Levels
25,168
25,180 ~ 25,212
25,260
25,295 ~ 25,315
Support Levels
25,125
25,080 ~ 25,060
25,000 ~ 24,980
24,965
💭 Final Thoughts
"Trend is nothing without follow-through — today buyers showed up, but tomorrow they must push past 25,250 to prove it wasn't just a bounce."
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
Nifty Analysis EOD – July 14, 2025 – Monday🟢 Nifty Analysis EOD – July 14, 2025 – Monday 🔴
"Broken Support, Fought Resistance – Tug of War in Play"
Nifty began the day with a classic Open = High (OH) setup, instantly rejecting any bullish intent. The crucial support zone of 25,080–25,060 was taken out early, and the market went on to mark the day's low at 25,001.95, a level that quickly turned into a decisive battleground.
After a bounce from the low, 25,125 emerged as a stiff resistance that pushed the index back below the broken support zone. For most of the session, the same support zone turned into resistance — a textbook polarity flip. However, in the final hour, Nifty showed resilience and finally closed back above 25,080, ending the session at 25,082.30.
🔄 The structure was full of failed intraday breakouts, signaling confusion and conflict — likely fueled by a wider CPR, imbalanced market structure, and medium IB of 109 pts. It was a low-volatility session, but packed with psychological tests.
🕯 5 Min Time Frame Chart with Intraday Levels
🕯 Daily Time Frame Chart with Intraday Levels
🕯 Daily Candle Breakdown
Open: 25,149.50
High: 25,151.10
Low: 25,001.95
Close: 25,082.30
Change: −67.55 (−0.27%)
📊 Candle Structure Breakdown
Real Body: 67.20 points – small to moderate bearish body
Upper Wick: 1.60 points – negligible upside attempt
Lower Wick: 80.35 points – strong defense from day’s low
🔍 Interpretation
Opened higher but got instantly rejected (OH formation).
Sellers took charge early but failed to hold momentum all the way.
The long lower wick reflects buyer presence at key 25,000 zone.
The close below open but above reclaimed support suggests tug of war — with bulls slightly redeeming themselves by EOD.
🕯 Candle Type
Hammer-like red candle — while bearish on close, the long lower shadow indicates potential exhaustion of selling and hints at reversal if follow-through buying emerges next session.
📌 Key Insight
25,000–25,020 has emerged as crucial near-term support.
A strong open or close above 25,150–25,180 may confirm a bullish reversal setup.
Breakdown below 25,000 opens the door for a fall toward 24,950 or lower.
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 188.77
IB Range: 109.20 → Medium IB
Market Structure: 🔴 Imbalanced
Trades Triggered
09:50 AM – Long Trade → ❌ SL Hit
01:05 PM – Short Trade → ❌ SL Hit
📉 Tough day for directional trades — false breakouts dominated.
📌 Support & Resistance Zones
Resistance Levels
25,125
25,168
25,180 ~ 25,212
25,260
25,295 ~ 25,315
Support Levels
25,080 ~ 25,060
25,000 ~ 24,980
24,965
💭 Final Thoughts
“Reclaimed ground doesn’t mean victory – yet. Watch the next move. Rejection below 25,000 ends the bulls' narrative; a strong move above 25,180 rewrites it.”
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
Nifty50's Key Level !! Keep an eye on these levels.Here are two Nifty charts, both on the daily timeframe.
Current Correction:
Nifty has naturally corrected by 2.7%, currently trading in the 24,900-25,000 range.
Weekly Pivot:
The weekly pivot support is positioned at 25,000, providing immediate support.
Support Levels:
First Support: 24,900-25,000 zone.
Second Support: If this level breaks, Nifty may see a 5% correction, with the next support around 24,400-24,500.
If this level sustain we may see higher prices in Nifty 50.
Thank You !!
Nifty has taken support at 25K but can the support hold?Nifty today took a meaningful support at 25001 and bounced close to 25082. However ending the was in the negative by 67.55 points. RSI today went as low as 13.52 indication of oversold market. IT was a major drag after result that market did not like.
Now the resistances in front of Nifty are at 25106, Father Line Resistance at 25106, 25234, Mother Line Resistance at 25297, 25403 and finally 25543. Supports for Nifty remain at 25K, 24866 Chanel Bottom support and finally 24752. Below 24752 Bears can totally take control of the market if we reach there.
Things are in balance right now with Mid-cap, Small-cap starting to see some buying. If IT can hold the levels we will see growth from here. If IT index further caves in and other indices do not support we can see a down side. Shadow of the candle right now is neutral to negative.
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.
Learning#02 : Fractals⛰️ Learning#02 : Fractals
The Cleanest Clue on a Cluttered Chart
If you like clean charts and smart price behaviour, Fractals are one of those tools that give subtle but powerful signals. They’re not magic. They simply reflect what price is telling you—if you’re willing to listen.
Let’s unpack the concept and learn how to use Fractals like a pro.
🔍 What Is a Fractal in Trading?
In technical analysis, a Fractal is a five-candle pattern that marks a local top or bottom in price. It’s a pure price-action signal that doesn’t rely on lagging indicators.
There are two types of Fractals:
Bearish Fractal (Top): The 3rd candle has the highest high, surrounded by two lower highs on each side.
Bullish Fractal (Bottom): The 3rd candle has the lowest low, flanked by two higher lows on each side.
These formations are Price's way of saying: *"I tried to go further, but couldn't."
📊 What Do Fractals Indicate?
A shift in short-term control (bulls vs. bears)
Minor support or resistance zones
Useful markers for entries, exits, or trailing stop levels
They don't guarantee reversals but are excellent at highlighting where price momentum may pause, reverse, or build structure.
📈 How to Use Fractals – A Practical Guide
Let’s be clear: Fractals are not trade signals by themselves.
Instead, they work best when used in confluence with your strategy. Think of them as tools that:
Help confirm breakout levels
Refine pullback entries
Guide you in drawing cleaner trendlines, fib zones, and support/resistance levels
Assist in identifying swing highs and lows for Dow Theory-style trend analysis
🔗 Fractals + Strategy = Smart Trading
Whether you trade breakouts or mean reversion, Fractals help clarify:
Which highs or lows matter
Where to place stop losses with structure-based logic
How to trail SL as the trade progresses
They quietly organize your chart into readable, tradeable levels.
🚀 Practical Uses of Fractals
Fractals are the first tool I add to any chart—they instantly reveal structure and guide every step of my analysis.
1. Breakout Confirmation
Wait for a candle to close above a bullish fractal high or below a bearish fractal low.
Useful when the market is trending or forming structures like double bottoms/tops.
2. Pullback with Confirmation
Use the fractal zone as a short-term S/R level. If price returns and shows signs of rejection (like an inside bar, wick rejections, or low volume), consider entries based on confirmation.
Great in sideways or swing environments.
3. Trend Structure Validation
Fractals reveal clear pivot highs/lows, helping:
Confirm higher highs/higher lows
Mark structure for trendline drawing
Validate Fib levels or S/R zones
4. Trailing Stop Loss
Update your SL to trail behind the most recent opposite-side fractals.
In longs: SL below new bullish fractals
In shorts: SL above new bearish fractals
This lets you stay in the move while managing risk like a pro.
How it’s Look Like on Chart
snapshot
⚠️ Common Mistakes to Avoid
Trading every fractal blindly
Ignoring price context or trend
Relying on fractals in low-volume, choppy markets
📝 Final Thoughts
Fractals are like breadcrumbs left by price action. They quietly point to areas where the market faced resistance or found support. Alone, they’re not enough. But in the hands of a price-action trader, they’re incredibly useful.
Used alongside market structure, confirmation signals, and clean charting habits, Fractals become:
Trend identifiers
Entry enhancers
Stop loss trail markers
⭐ Bonus Tip
Next time you mark a level, Fibonacci or draw a trendline, check if a Fractal confirms it. You’ll be surprised how often it does.
Trade simple. Trade clean.
— Kiran Zatakia
Nifty Analysis EOD – July 11, 2025 – Friday🟢 Nifty Analysis EOD – July 11, 2025 – Friday 🔴
"Smooth Slide, Silent Pressure – Bulls on the Edge"
Nifty opened with a 60-point gap-down, and despite an initial attempt to fill the gap with a 40-point bounce, the index couldn’t sustain. What followed was classic, smooth selling pressure — a slow bleed marked by 16 consecutive 5-minute candles that never broke the previous candle’s high.
There was no panic, just a persistent drift downward. The day’s structure was a silent yet firm rejection from higher levels, with 25,150 acting as an anchor for most of the session, eventually closing near 25,140.
📉 This session marks a revisit to the breakout zone of June 26–27.
Is this a false breakout or a healthy retest?
Only time — and a bounce or breakdown from 25,080–25,060 — will tell.
⚠️ If we close below 25,000, the entire bullish move from late June might be invalidated.
But a sharp bounce from the 25080–25060 zone could spark a hopeful reversal setup.
🕯 5 Min Time Frame Chart with Intraday Levels
🕯 Daily Time Frame Chart with Intraday Levels
🕯 Daily Candle Breakdown
Open: 25,255.50
High: 25,322.45
Low: 25,129.00
Close: 25,149.85
Change: −205.40 (−0.81%)
📊 Candle Structure Breakdown
Real Body: 105.65 points – clean bearish body
Upper Wick: 66.95 points – buyers rejected
Lower Wick: 20.85 points – weak defense at bottom
🔍 Interpretation
Price opened weak and stayed weak.
An intraday push to 25,320 was sharply sold into.
Closing near the day’s low shows full bear control.
Minimal bounce from day low indicates lack of bullish confidence.
🕯 Candle Type
A Bearish Rejection Candle – resembles an inverted hammer in a downtrend; suggests sellers still strong and bulls hesitant
📌 Key Insight
The zone of 25,320–25,350 has turned into firm intraday resistance.
25,100–25,130 is the immediate make-or-break support — below that lies 25,000–25,050.
For bulls to breathe again, we need a bounce and hold above 25,250–25,300.
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 193.17
IB Range: 78.45 → Medium IB
Market Structure: 🔴 Imbalanced
Trades Triggered
10:21 AM – Short Trade → 🎯 Trailing SL Hit (R:R 1:2.41)
📌 Support & Resistance Zones
Resistance Levels
25,168
25,180 ~ 25,212
25,260
25,295 ~ 25,315
Support Levels
25,125
25,080 ~ 25,060
25,000 ~ 24,980
24,965
💭 Final Thoughts
"It wasn’t a crash, it was a quiet rejection — and that makes it more dangerous. If bulls don’t show up now, bears might get bolder from here."
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
Nifty Dips, Suggests Range-Bound Movement AheadIndian markets ended the week with a decline of nearly one percent, driven by lingering concerns over global tariffs and a weak start to the earnings season.
The 25,500 level has now turned into a strong resistance zone, marked by heavy call writing, while 25,000 continues to act as a solid support level backed by significant put writing.
Given these dynamics, the index is likely to enter a consolidation phase, with upcoming earnings announcements expected to keep sectoral volatility elevated.
Nifty at Make-or-Break Zone: What to Expect Next Week Markets eMarkets ended the week under pressure, with the Nifty 50 closing at 25,149, down 312 points from the previous week. The index traded within a tight band, hitting a high of 25,548 and a low of 25,129 — perfectly respecting the 25,900–25,000 range mentioned in last week’s analysis.
Now, Nifty finds itself at a crucial support level near 25,000. A rebound from this zone could trigger a short-term rally towards 25,500–25,600, which will act as immediate resistance. However, traders should proceed with caution, as the monthly chart remains neutral to bearish, indicating that this could just be a temporary bounce rather than a sustained uptrend.
Looking ahead, expect Nifty to trade within a range of 24,700 to 25,600. A breakdown below 24,700 could open the gates for deeper cuts, while a breakout above 25,600 needs to be backed by strong volume and participation to confirm a trend reversal.
Sector Watch: Reliance Shines Amidst Caution
Among the large caps, Reliance Industries stands out as the only stock showing strength on the monthly chart, while other heavyweights and key sectors continue to lack momentum. This narrow leadership is a red flag for broader market sustainability.
Global Markets: S&P 500 at a Crossroads
Globally, the S&P 500 closed at 6,259, down slightly from last week. What’s more important is the formation of a Doji candle — a classic sign of indecision. A move above 6,300 could lead to upside targets of 6,376 / 6,454 / 6,500, which would likely boost sentiment in global and Indian equities.
However, if the index slips below 6,150, it would mark a failed breakout, potentially triggering a global correction — a risk that Indian markets can't ignore.
Final Word
We’re at a critical juncture. While technicals suggest a potential bounce in Nifty from 25,000, the lack of confirmation on higher timeframes and uncertain global cues call for prudence over aggression.
👉 I’ll be staying out of the market this week. The setup doesn’t offer a favorable risk-reward, and in trading, patience is often the best position.
Let the charts speak. We’ll act accordingly.
Nifty approaching Mid-channel support zone now. Nifty after a 120 point negative closing is entering an important support zone. This support zone has 3 layers. The First of the support lies at 25322 which is just above the mid-channel. The second for Nifty is near 25222 which is just below the mid channel support.
There is a possibility of bounce either from the current level or either of these 2 levels. If we get a closing below 25322 then there is a possibility that bears might try to pull Nifty down towards 25167 which is the Father line or 200 Hours EMA.
The resistances for Nifty remain at 25404, 25437 which is the Mother line or 50 hours EMA. Post that there are resistances at 25477, 25551 and 25641. Closing above 25641 is required for Nifty to fly towards 26K levels.
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.
Nifty Analysis EOD – July 10, 2025 – Thursday🟢 Nifty Analysis EOD – July 10, 2025 – Thursday 🔴
"False Hopes, True Drop – Bears Tighten Their Grip"
Nifty opened with a mild 50-point gap-up, but within the very first minute, that optimism was crushed. It dropped nearly 100 points, breaching the previous day’s low, and entered the key support zone of 25405–25418, which held briefly for about half an hour.
But this wasn’t a day for bulls.
After a weak attempt to recover from the 25360 support (which held twice intraday), sellers regained momentum, dragged the index further down, and finally closed at the lowest point of the day – 25348.
🔸 Expiry volatility played its part — trapping option buyers and luring them into false reversals.
🔸 However, quick scalpers and intraday short-sellers likely capitalized well.
🔸 The structure was decisively bearish, with no meaningful intraday bounce.
Tomorrow becomes crucial.
Bulls have one last stronghold at the 25300 level.
Bears, already in charge, may extend the damage further if this breaks.
⚠️ Bias Levels:
🟢 Bullish above: 25420
🔴 Bearish below: 25290
⚪ Between = Neutral / Watch Mode
🕯 5 Min Time Frame Chart with Intraday Levels
🕯 Daily Time Frame Chart with Intraday Levels
🕯 Daily Candle Breakdown
Open: 25,511.65
High: 25,524.05
Low: 25,340.45
Close: 25,355.25
Change: −120.85 (−0.47%)
📊 Candle Structure Breakdown
Real Body: 156.40 points – large red candle
Upper Wick: 12.40 points – minimal bullish push
Lower Wick: 14.80 points – bears kept pressure till close
🔍 Interpretation
Bears took over early and never let go
The close at day low shows strong conviction from sellers
Lack of significant wicks → no real fight from bulls
🕯 Candle Type
Bearish Marubozu-style candle – clear sign of dominance by sellers, and potential for continuation if no quick reversal
📌 Key Insight
Market is in a critical zone — hovering above the edge of deeper correction
25300–25290 is the line in the sand
A breakdown below can target 25,200–25,250
Bulls can only regain momentum above 25,420
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 189.49
IB Range: 113.75 → Medium IB
Market Structure: 🟡 Balanced
Trades Triggered
10:52 AM – Short Trade → 🎯 Trail SL Hit (R:R 1:0.38)
📌 Support & Resistance Zones
Resistance Levels
25,380
25,405 ~ 25,418
25,470 ~ 25,480
25,530
25,545 ~ 25,550
Support Levels
25,315 ~ 25,295
25,260
25,212 ~ 25,180
25,125
💭 Final Thoughts
"Expiry days often blur the picture, but today’s price action was sharp. Unless bulls step up quickly, the breakdown may just be getting started."
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
Range Bound consolidation going on in the market. Range bound consolidation is going on in the market. As you can see in the chart there is consolidation going on before a substantial up or down move happens. Mostly it looks like Tariff negation deadline will be extended or India might end up getting the tariff deal sealed. all eyes on Trump and TCS results tomorrow. TCS has been reeling close to an year now after making a high of 4592 everything depends on the result tomorrow. The result can give direction to the market as TCS has good weightage (Around 6.09% in Nifty and 7.43% in BSE Sensex). TCS has 21.93% Weightage in Nifty IT index so the result tomorrow is a must watch. It can give direction to the It index as well.
Supports for Nifty remain at 25413 and 25243. If by chance this level is broken Nifty can fall further towards Mother line which is at 24862 or in worst case scenario towards Father line of daily chart at 24030.
Resistances for Nifty remain at: 25531 and 25710 Closing above which Nifty becomes very strong. After we get a closing above 25710 Nifty can swiftly move towards 25888 or even 26K+ levels.
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.
Closing above 25544 should be first step for Nifty to break freeNifty today closed in positive but still it might not be free enough to crate further bull run. the first step that Nifty needs to take to get out of this range bound trade zone or consolidation is to get a closing above 25544.
Further to this step it my find resistances at 25597, 25672. Once we close above 25672 the possibility that Bulls can regaining 26K levels and go even higher becomes stronger.
The Supports for Nifty currently remain at 25471, 25437 which is Mother line or 50 Hours EMA, 25344, 25219 and finally 25125. 25125 is the Father line support or 200 hours EMA. Closing below 25215 will empower Bears to drag Nifty further down wards.
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.
Nifty Wkly Update: Market Cools Off,But Bulls May Regain ControlNifty closed the week at 25,461, down 176 points from last week's close. It touched a high of 25,669 and a low of 25,331—a clear sign of consolidation and short-term correction.
As I highlighted last week, it was a smart move to book partial profits or trail your stops, especially after the strong upmove. And here we are—a healthy pullback, exactly what we anticipated.
But things are about to get interesting...
Reliance, the heavyweight of Nifty, is turning bullish on the monthly chart—a strong signal for potential upside. As long as Reliance remains bullish, it's wise to focus on bullish opportunities only.
Nifty Outlook for Next Week:
Expected Range: 25,000 – 25,900
Strategy: Buy on dips while Reliance stays strong.
Sentiment: Cautiously bullish
Global Cue: S&P 500 Hits All-Time High!
The S&P 500 closed at a record 6,279, up nearly 100 points from last week. If it breaks above 6,284, we could see a rally toward:
6,376
6,454
6,500
6,568 (key level to watch)
However, a break below 6,177 could pull it back to 6,050/6,040.
My take: S&P 500 is in beast mode, and as it climbs, it’s likely to drag Nifty higher too. The broader market is turning bullish—momentum is shifting in favor of the bulls.
Final Thought:
Bulls are loading their guns, and bears might want to take a nap for the next 10–15 days. The trend is your friend—for now, let the bulls enjoy the ride!
$NSE:NIFTY is Going to Burst Up Side ! SkyRocketing TIme is NearNSE:NIFTY is Going to Burst Up Side ! SkyRocketing TIme is Near
NIFTY 50 BULLISH REVIEW (My View) 💥
📈 Current Bias: BULLISH
✅ Nifty 50 showing strong resilience above key support levels.
✅ The index is holding well above recent consolidation zones and looks ready for further upside.
✅ Momentum indicators (like RSI) are staying in positive territory, showing sustained strength.
✅ Higher highs & higher lows structure intact on daily chart — bulls in control!
🔑 Key Levels:
👉 Immediate support: 23,333 - (watch for buying interest here)
👉 Resistance ahead: 23,850 - 23,900 (break above = fresh rally potential)
🌟 What I’m Watching:
🚀 Breakout above 23,900 could open doors towards 24,200+ levels in the coming sessions.
🚀 Strong sector participation from banks, IT, and autos — a broad-based rally is a positive sign.
🚀 Keep an eye on global cues + FII activity — may add fuel to the trend.
NSE:NIFTY is Going to Burst Up Side ! SkyRocketing TIme is Near
RenderWithMe | Nifty 50-Forecast Upcoming Week July 7–11,2025
~~NIFTY 50 Analysis for Next Week (July 7–11, 2025)Current Market ContextRecent ~~
Performance: As of July 4, 2025, the NIFTY 50 closed at 25,461, Up 55 points from the previous session, The index has been trading within an ascending channel, with a weekly decline of -0.45% but a monthly gain of 3.67% and a yearly increase of 4.48%.
# Global Cues: Mixed signals from global markets are influencing sentiment. U.S. markets are hitting record highs, while Asian markets like Japan’s Nikkei 225 (+600 points) and Hong Kong’s Hang Seng (-0.42%) show varied trends. Rising oil prices and geopolitical concerns, along with expectations of new U.S. tariff announcements under the Trump policy roadmap, are creating caution.
# Domestic Factors: Strong institutional buying from Domestic Institutional Investors (DIIs) (net buyers of ₹3,036 crore) contrasts with Foreign Institutional Investors (FIIs) being net sellers (₹1,561 crore). This dynamic suggests domestic support but potential headwinds from foreign outflows.
~~ Technical Analysis ~~
Key Levels:Support: Immediate support lies at 25,000–25,150. A break below 25,000 could signal short-term weakness, with further support at 24,982 and 24,622.
Resistance: Resistance is seen at 25,650–25,750, with a strong barrier at 25,690–25,760. A breakout above 25,750 with volume confirmation could push the index toward 26,000 or higher (potentially 28,435).
Trend: The NIFTY is in a positive trend but showing signs of consolidation. Technical indicators like the Relative Strength Index (RSI) at 67.3 suggest upward momentum but caution as it nears overbought territory.
Chart Patterns: A "Cup and Handle" pattern is forming on the daily timeframe, indicating a bullish continuation if the index breaks above 25,655. However, a failure to sustain above 25,400 could lead to a pullback toward 25,320–25,000.
Moving Averages: The index remains above key moving averages (5 DMA: 24,908.6, 10 DMA: 24,934.2, 20 DMA: 24,862.07), reinforcing a bullish bias as long as it holds above 25,338 (daily closing stop-loss).
Sectoral OutlookPositive Sectors: Nifty Metal (+0.23%) and Nifty Pharma (+0.30%) showed gains, suggesting resilience. Banking remains strong, with Bank Nifty hitting a new high of 57,614.50 despite recent profit booking.
Weak Sectors: Nifty IT (-0.01%) and Nifty Financial Services (-0.47%) faced selling pressure, with key constituents like Kotak Bank (-1.96%) and Bajaj Finance (-1.39%) dragging performance.
Focus Areas: Watch banking and pharma for potential leadership, while IT and financials may remain subdued unless buying interest returns.
Key Factors to WatchGlobal Markets: U.S. and Asian market trends, particularly U.S. tariff policies and Federal Reserve rate cut expectations, will influence sentiment.
Macroeconomic Data: Domestic indicators like inflation, GDP revisions, or RBI policy updates could sway the market.
FII/DII Activity: Continued DII buying could offset FII selling, but a reversal in FII flows will be critical for sustained upside.
Geopolitical Risks: Rising oil prices and U.S.–India trade developments may create volatility.
Technical Breakouts: Monitor for a breakout above 25,750 or a breakdown below 25,000 to confirm the next directional move.
Trading StrategyBullish Case: If NIFTY sustains above 25,650, consider buying call options or index futures targeting 25,760–26,000. Use a stop-loss at 25,000.
Bearish Case: If NIFTY falls below 25,000, short positions or put options could target 24,982–24,622, with a stop-loss at 25,450.
Range-Bound: If the index trades between 25,450–25,750, adopt a neutral strategy like selling iron condors to capitalize on low volatility.
Risk Management: Use strict stop-losses and avoid over-leveraging, as volatility is expected due to global and domestic triggers.
Forecast for the WeekExpected Range: 25,000–25,750, with potential for a breakout toward 26,000 if resistance is cleared.
Bias: Sideways to moderately bullish, with risks of profit booking or volatility mid-week.
Probability:Bullish breakout (above 25,750): 40%
Consolidation (25,000–25,750): 50%
Bearish pullback (below 25,000): 10%
Long-Term Outlook (July 2025)Predictions suggest NIFTY could reach 26,055–26,484 by August, with a gradual climb to 28,400 by November 2025, driven by economic growth and sectoral strength. However, these are speculative and depend on sustained bullish momentum.
Disclaimer --
This analysis is based on recent technical data and market sentiment from web sources. It is for informational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.
#Boost and comment will be highly appreciated
Good Closing by Nifty: Trump Tariff decision awaits us next weekNifty closed the week at 25461 well after gaining 130 points from Friday low of 25331. Overall Nifty closed 55 point positive from Thursday closing. This was a very smart recovery of Nifty from the lows of the day but we are heading towards Trump Tariff deadline of 9th July. That has potential to shake the market and move it any direction so investors should keep an eye on the developments and keep their stop losses and trailing stop losses in place. Overall Nifty is on the path to V shaped recovery as indicated in the chart. If everything works out in favour of India in the negotiation the 816 point gap from previous all time high will be bridged sooner than later. Once we reach the Previous All-time high the recovery will be complete. But we have to be cautiously optimistic.
Nifty supports currently remain at: 25331, 25072, 24843, 24481. If 24481 is broken than Bears will try to drag Nifty towards 23840 (Which is the Mother line of Weekly Chart).
Nifty Resistances currently remain at: 25666 (Trend line Resistance), 25870, 26075, 26277 (Previous All time high).
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.






















