Mother line provides support to falling Nifty. Mother line or 50 EMA has provided today incredible support to Nifty which rose 111 points from low of the day to close at 25839. Still the Nifty closed 120 points below previous close. Now of the Mother line support is held we can see comeback of Nifty and rally can restart from there on. For the rally to restart we need a closing above 25930. The next resistance if we get a closing above 25930 will be 26062. Further resistance can be at 26194, 26352 and finally the channel top is near 26596. Supports for Nifty will be at 25728 (Mother Line support), Mid-Channel support is near 25608, 25338 is the final support. If this support is broken the father line support is at 24917.
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.
Niftyanalysis
Nifty near father line support on hourly chart.After the drubbing today at browsers where Nifty ended 225.9 points below previous close has closed at 25960. Below the comfort level of 26K. The sell of was global today due to US FED meet later tonight.
Supports for Nifty are at 25915 (Major Father line support). If this support is broken Nifty will become weak and can further plummet towards 25854, 25775 or even 25712. The channel bottom support for Nifty will be near 25538.
Resistances for Nifty are at 25984, 26066 (Mother line resistance), 26203, 26263, 26318 and finally channel top resistance is near 26416.
Shadow of the candle is looking neutral despite the fall today. If the father line support at 25915 is not broken we can see a swift recovery in Nifty.
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 Short & Medium Term Support&Resistance_08-Dec to 12-Dec-25Nifty Short & Medium Term Support&Resistance_08-Dec to 12-Dec-25
Nifty 26186 (26202 Last week)
Long call ( Buy) was given on 12-Oct-25 at 24896, Nifty have crossed near to 1300 points.
Quarterly results of companies are released and so far it have mixed to Postive results.
Margins and revenue growth are major concern, Net profit being achieved by savings on employee cost and other savings. To be more cautious on picking the right stock and rebalance the portfolio. The stocks posted Moderate to Good Results have increased and taken the Nifty near to all time high.
Last week, 9.2% GDP growth of Q2 was released and may created a positive sign in the market depsite trade deals issues. Putin's Visit to India, gave a hope for export and import deals other than petroleum imports.
However overall, Tariffs deal will decide the future path till Dec - Jan for the Nifty. Since it is a Volatile situation SIP route or buy in multiple parcel route ( On Dips) with a goal of 3-5 years will workout. US Trade deal, 1st Feb budget and reforms if any will decide Nifty's path. US trade deal not being signed may create a worry for the market.
Some of the stocks to watchout given last week are HDFC AMC, NMDC, Apar, Sharda Crop, VRL Logistics, krishna Phos chem, Cipla, Dr Reddy, Natco ( Buy on Dip as still there is negative trend), Apl Apollo Tubes, Muthoot Finance ( On Dips) , tata Steel ( Contra Stock due to Business Cycle), Bank of Mah, BPCL, CG Power, hero motor, shriram finance and NRB bearings. Shared for Analysis purpose only. Dr Reddy, shriram fin, natco pharma, Hero moto corp,Muthoot Finance have already given more than 10% return in this 1 month. Waaree Energies had an IT raid in its premises in Mid of Nov 2025. Outcome will take the stock forward.
The strategy continued to be long and use the opportunity to buy on dips similar to SIP.
Current Short Term Resistance 26321 ( all time high). It need to break the resistance 26321 decisively to move up to 27000 target in med-long term. As RSI is at 60%, room to go higher will be less in short term.
Nifty Short Term Supports ( Multiple Supports are there between 25000-25500):
26000
25670 (Jun 2025 High)
25360-25420 ( Sep high and trendline support as shown in chart)
25300-25350 (Two Fibonacci resistance shown ) - Major Support
Hence 25300- 25420 acts as major short term support.
25500 ( 25441 Sep 18th 2025 High )
25450 ( 25442 is the Aug 2025 high)
25200 ( 25154 Aug 2025 high)
25000 ( Milestone)
Short Term Resistance
1.26321 ( All time High)
2. 26500
Medium Term Support:
1.24700 (Trend Line as shown)
2. 24000-24170 (Fibonacci Retracements Supports- Two Supports in this zone 24116 & 24171 as shown)
3. 23500-23700 (Fibonacci Retracements Supports- Two Supports in this zone 23608 & 23707 as shown)
2. 23000
Medium Term Resistance:
1.27000 ( Need to decisively break 26269 all time high) This resistance is based on Fibonacci resistance at 27034
Long term resistance:
1.28000 ( Need to decisively break and move up 27000)This resistance is based on Fibonacci resistance at 28106
Long Term Support
1.22700-23000 ( Trend line and Mar 2024 High)
2.Big support at 20000 (Sep 2023 high)
Nifty Analysis EOD – December 5, 2025 – Friday🟢 Nifty Analysis EOD – December 5, 2025 – Friday 🔴
Monetary Policy Boost: Bulls Secure Strong Close Above 26100 Targeted…!
🗞 Nifty Summary
The session began flat to positive, marking the day’s low early at 25,985. In anticipation of news, Nifty stayed range-bound within a tight 40-point range for the first hour. The announcement of the monetary policy rate cut acted as a strong catalyst, immediately triggering high volatility.
The index sharply broke the IBH and PDH, but the next candle was met with a 100-point rejection, trapping early breakout traders. After taking temporary support at the CPR Zone, Nifty resumed its upward conviction, systematically breaching 26132 and testing the Gap Zone.
Following a small consolidation near the Gap Zone (25-30 points), the final surge broke resistance again, taking Nifty to the 26200 level. The day closed at 26,186.45, adding +152.70 points (+0.59%).
This closing is significantly above the 26100 target expected yesterday, confirming powerful bullish control heading into the weekend.
🛡 5 Min Intraday Chart with Levels
🛡 Intraday Walk
The initial fakeout after the news announcement was crucial, shaking out weak hands before the real directional move began.
Once the market absorbed the volatility, the moves were aggressive and targeted. Nifty utilized CPR and 26132 as springboards, confirming that buyers viewed every dip as a buying opportunity in the post-policy environment.
The final close near the day’s high is a definitive technical signal that the strength has returned, and the index is ready to challenge higher structural levels next week.
📉 Daily Time Frame Chart with Intraday Levels
🕯 Daily Candle Breakdown
Open: 25,999.80
High: 26,202.60
Low: 25,985.35
Close: 26,186.45
Change: +152.70 (+0.59%)
🏗️ Structure Breakdown
Type: Strong Bullish candle (Near Marubozu)
Range (High–Low): ≈ 217 points — high volatility and wide trading range.
Body: ≈ 187 points — reflecting dominant upside momentum.
Upper Wick: ≈ 16 points — very limited rejection near highs.
Lower Wick: ≈ 14 points — buyers strongly defended the early weakness.
📚 Interpretation
This candle is a powerful confirmation of bullish conviction, showing decisive absorption of the early selling and continuous buying pressure throughout the session. The wide body and the close near the high signal that buyers are firmly in control. This structure strongly supports trend continuation and suggests that the recent indecision has been resolved in favor of the bulls.
🕯 Candle Type
Strong Bullish Marubozu-Style Candle — Represents decisive buying control and potential momentum continuation.
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update
ATR: 192.7
IB Range: 76.75 → Medium
Market Structure: Balanced
Trade Highlights:
10:16 Long Trade - SL Hit (IBH + PDH Breakout)
10:49 Long Trade - Target Hit (R:R 1:3.34) (IBH + PDH Breakout)
Trade Summary: The volatile, news-driven session initially led to a Stop Loss on the first breakout attempt. However, the strategy quickly adapted, capturing a high R:R profitable long trade on the confirmed directional breakout, successfully aligning with the strong bullish momentum post-monetary policy announcement.
🧱 Support & Resistance Levels
Resistance Zones:
26202 (PDH)
26220 ~ 26235
26277 (ATH)
Support Zones:
26155
26104 (Must Hold)
26070 ~ 26030
🧠 Final Thoughts
“The monetary policy provided the spark needed to re-engage the bull run.”
The successful close above 26132 is a game-changer. The immediate bias for Monday is strongly bullish. We must now watch the critical overhead resistance at 26220 ~ 26235.
A decisive breach here will immediately target the All-Time High at 26277. The 26104 level is the new line in the sand; as long as Nifty holds this support, the bullish momentum remains intact.
✏️ Disclaimer
This is just my personal viewpoint. Always consult your financial advisor before taking any action.
Nifty Breaks Record High: Will the Rally Continue Next Week? Nifty closed at 26202 marking a fresh all-time high. The index made a high of 26310 and a low of 25842. On the monthly timeframe, Nifty has formed a strong bullish candle and delivered a bullish close, indicating sustained strength on the higher timeframe. As mentioned last week, Nifty once again moved precisely within my projected range of 26600–25600. For the upcoming week, I expect Nifty to trade within 26700–25700 unless a breakout triggers new momentum.
Key levels for Nifty:
Resistance: 26492 is a strong Fibonacci level. Sustaining above this level can push Nifty towards 26700.
Support: 26117 is the first line of defence. Below this, 25700 remains a strong support zone.
Bank Nifty continues to lead the market’s upside. The index posted an all-time high weekly close at 59752, with a high of 59897 and a low of 58649. Bank Nifty has now reached a major psychological and Fibonacci level at 60087. Sustaining above this zone can open the path towards 60300 and 60900.
Midcap vs Smallcap:
A common query is when Midcap and Smallcap will start moving along with Nifty. Currently, the Midcap index is better positioned on the monthly timeframe compared to the Smallcap index. Smallcap investors may need to wait longer or shift focus to stronger opportunities within the Midcap space.
S&P 500 outlook:
As discussed last week near the 6840 region, S&P 500 has formed a bullish marubozu candle. The upcoming week will be crucial.
Above 6885: The index can extend its move towards 6930, 7000, and 7026 (important Fibonacci level).
Below 6726: The rally may weaken and pull the index towards 6568 (key Fibonacci support) and 6454.
Bonus level for Nifty traders:
Monday’s upper range limit is around 26350.
“Tomorrow, 03-12-2025 Nifty prediction. “Tomorrow, 03-12-2025 Nifty is likely to trade approximately 40 points in positive territory, indicating a mildly bullish sentiment in the early session.”
Explanation for Traders:
Market may show slight upward momentum
Buyers might attempt to take control early
A strong bullish move will need follow-through with volume
BANKNIFTY 500 down sentiment in the early session.”
Nifty makes ATH, Profit Booking strikes thereafter. What next?Nifty made a new ATH today exactly after 14 Months although it is a point to rejoice. On the hindsight there is no growth for last 14 months. Such phases do come even in a Bull market but a closing above Today's ATH that is 26310 will be the real turnaround. Sometimes the indices will not reward you for months years and on some other occasions they will cover it up in few weeks or month. Afterall it is law of averages that catches up.
Nifty has been growing from last 20 years approximately around 15% per year. Last 14 months have been lackluster so if things go well Bulls can have a field day or weeks or months in the coming times. What we need is a weekly or monthly closing above 26310. As you can see in the chart the next resistance after 26310 will be around 26433. Major major Breakout above this zone.
Supports for Nifty are near 26141, 26015, 25834 and finally Mother line support is near 25608 on the daily chart.
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.
Relentless Profit Booking brings Nifty Further down. What next?The fall in Nifty continued today as again there was again profit booking. However the candles formed in hourly chart indicate that may be a temporary bottom is nearby. The supports nearby are at 25830, 25751 (Father line support, Major Support), 25707, 25613 and finally 25456. The resistance on the upper side for Nifty are at 25913, 25026, 25151 and finally 25288 which can be a new ATH and channel top resistance. (This will be tough to cross.)
The candle still is little bit negative to neutral and MACD is also yet to take a proper turn towards Bullish reversal so little bit of pain still might be there but you never know today's low of 25857 might also work as reversal point.
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 Short & Medium Term Support&Resistance_24-Nov to 28-Nov-25Nifty Short & Medium Term Support&Resistance_24-Nov-25 to 25-Nov-25
Nifty 26068
Long call ( Buy) was given five weeks before at 24896, Nifty crossed near to 1000 points.
Long buy Call was reiterated two weeks before after a dip, with buy on dip for medium to long term perspective.
Quarterly results of companies are being released and so far it have mixed - Postive results.
Margins and revenue growth are major concern, Net profit being achieved by savings on employee cost and other savings. To be more cautious on picking the right stock and rebalance the portfolio.
Overall, Tariffs deal will decide the future path till Dec - Jan for the Nifty. Since it is a Volatile situation SIP route or buy in multiple parcel route with a goal of 3-5 years will workout. US Trade deal, 1st Feb budget and reforms if any will decide Nifty's path.
Some of the stocks to watchout given last week are Warree Energies, HDFC AMC, NMDC, Apar, Sharda Crop, VRL Logistics, krishna Phos chem, Cipla, Dr Reddy, Natco ( Buy on Dip as still there is negative trend), Apl Apollo Tubes, Muthoot Finance ( On Dips) , tata Steel ( Contra Stock due to Business Cycle), Bank of Mah, BPCL, CG Power, hero motor, shriram finance. Shared for Analysis purpose only. Dr Reddy, shriram fin, natco pharma, Hero moto corp,Muthoot Finance have already given more than 10% return in this 1 month.
The strategy continued to be long and use the opportunity to buy on dips similar to SIP.
Current Short Term Resistance 26270 ( all time high). It need to break the resistance 26270 decisively to move up to 27000 target in med-long term. As RSI is up more than 80% for more than two weeks, room to go higher will be less in short term.
Nifty Short Term Supports ( Multiple Supports are there between 25000-25500):
26000
25670 (Jun 2025 High)
25360-25420 ( Sep high and trendline support as shown in chart)
25300-25350 (Two Fibonacci resistance shown ) - Major Support
Hence 25300- 25420 acts as major short term support.
25500 ( 25441 Sep 18th 2025 High )
25450 ( 25442 is the Aug 2025 high)
25200 ( 25154 Aug 2025 high)
25000 ( Milestone)
Short Term Resistance
1.26098 ( Recent two week high)
2.26269 ( All time High)
Medium Term Support:
1.24700 (Trend Line as shown)
2. 24000-24170 (Fibonacci Retracements Supports- Two Supports in this zone 24116 & 24171 as shown)
3. 23500-23700 (Fibonacci Retracements Supports- Two Supports in this zone 23608 & 23707 as shown)
2. 23000
Medium Term Resistance:
1.27000 ( Need to decisively break 26269 all time high) This resistance is based on Fibonacci resistance at 27034
Long term resistance:
1.28000 ( Need to decisively break and move up 27000)This resistance is based on Fibonacci resistance at 28106
Long Term Support
1.22700-23000 ( Trend line and Mar 2024 High)
2.Big support at 20000 (Sep 2023 high)
Good for a long haul but can important resistances be crossed? Nifty is good for Long haul and going towards new highs but there are few important resistances to be crossed before that can be achieved. The important resistances up and ahead are at 26010, 26110, 26277 and finally trend top above the previous ATH at 26347. The support for Nifty are at 25752, 25611, 25412 (Mother line support) and finally 25333. 25333 is an important turnaround point a closing below this will bring Nifty into bear grip. Things look ominous for an upsurge but as mentioned and seen in the chart there are few important resistances to be crossed.
To know more about Mother and Father line supports, Mother, Father and Small child theory, Trend lines, supports and resistances you can read my book THE HAPPY CANDLES WAY TO WEALTH CREATION. The book is currently rated 4.8/5 on Amazon. It is reasonably priced and it can work as a handbook to wealth creation through equity. It is a value for money book, do read it.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
Volatile day where Nifty Bulls beat the Bears. Today we saw a volatile session in Nifty where Nifty initially collapsed to 25449 but then again rose to regain level above 25650 closing at 25694. The candle we saw today confirms a bullish trend.
Exit Poll indicative of the Government that Market likes will retain Bihar. Trump is signalling reduction of Tariff. So overall it can trigger a further up trend but you never say never in the market. Market can always surprise you but Shadow of the candles currently is positive.
The resistances for Nifty now remain at 25708, 25819, 26004, 26115, 26277, 26306 and finally the channel top remains at 26498. Supports for Nifty now remain at 25440, 25352, 25239, 24892, 24670 and 24292.
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.
Good follow up candle but Nifty. Nifty today gave a good follow-up candle after Friday's green candle where it confirmed Mother line support. Nifty today closed at 25574. Nifty made a high of 25653 but could not hold 25650 level which was very important for further progress. Once Nifty gives a closing above 25653 now we can see further positivity in the market. The resistances for Nifty remain at 25653, 25819, 25951 and 26155. The channel top for Nifty is in the zone of 26306 to 26498 if we and when we get a closing above previous all time high of 26277. Supports for Nifty now remain at 25440, 25338 (Mother line support) and 25239. A closing below 25239 can bring further weakness which can drag Nifty towards 24892, Father line support of 24660 or even 24292 which is currently the mid channel support. As of now shadow of the candle looks positive and RSI is also turning bullish.
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.
Weekly Market Outlook: Nifty, BankNifty & S&P 500Nifty (25492) closed ~230 points lower this week, trading between 25803–25318 and once again respecting the broad 26150–25250 range.
Price formed a hammer candle near key support at 25300, signaling potential seller exhaustion — however, confirmation is required before expecting a trend reversal.
Bullish Confirmation Setup
Sustaining above 25600 → opens move toward 26000
Break above hammer high with volume = stronger confirmation
Downside / Risk Scenario
Structure remains constructive above 25000
Failure below 25000 could extend correction toward 24650–24580 zone
As highlighted earlier, November tends to be a corrective month, and a retest of 25150–25200 would be healthy.
If Nifty tests and holds this zone, I plan to gradually deploy capital into NiftyBees, MidcapBees & Smallcap ETFs, preparing for the next leg toward new ATHs.
BankNifty
BankNifty closed at 57876, holding firm above the crucial 57600 support.
Bullish Above 57900:
Targets → 58249 / 58469 / 58577 / 58900
Risk Below 57450 (2-day close):
Possible decline toward 56800
BankNifty continues to act as a trend anchor for Nifty, so levels here remain important.
S&P 500
S&P500 ended at 6728, down ~110 points but still forming a potential bullish W-pattern on the weekly chart.
Bullish Continuation:
> 6780 daily close or
> 6920 breakout
→ Targets: 6959 (Fib) / 7122
Risk Trigger:
Monthly low 6550 is key structural support
Break below could lead to 6225 / 6013
(Watch Fed tone, yields & VIX alongside price action)
🎯 Key Takeaways
Hammer at support — wait for confirmation above 25600
Buy-on-dip zone: 25150–25200 (gradual allocation, not aggressive)
BankNifty strength above 57900 crucial for momentum
S&P500 near breakout zone — global cues still supportive
Next week may define whether bulls defend key supports or we get a deeper correction before the next leg up.
Nifty delicately taken the Mother line support what next?Nifty took Mother line support on Friday closed in the negative 17 points at 25492. However it closed 174 above day's low that was 25318. This means 25318 become a major support now going forward. Mother line currently is at 25328. So this 10 point zone is a banger support for Nifty. If we get a closing below 25318 there will be further weakness which can take Nifty towards 24892, Father line 24651 another major support or even mid channel support near 24318. In case 25328 is held the resistances for Nifty going upwards will be high of Friday that is 25551, 25693, 25949, 26155 and finally channel top near 26494. If we reach the channel top it will be a new All Time high.
To know how a Parallel Channel or Mother Father lines and my Mother, Father small Child theory functions or how Fundamental analysis works and how to draw charts or use Techno-Funda analysis do read my book the Happy Candles Way To Wealth Creation rated 4.8/5 on Amazon.
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 delicately placed near Father line. Nifty is delicately placed near the father line now. Starting to look a little oversold. There are chances that we can see a bounce from here tomorrow or next week. Bihar election results will also be looked at many as a barometer to see how the current Government is being seen by larger parts of India. Bihar is usually seen as a litmus test. A result that market would like can certainly drive the next leg of rally. If the result is against market expectation certainly we will see more downside or consolidation.
Supports for Nifty remain at: 25490 (Father line support today low was 25491), 25431 (Mid channel support is around this zone), 25314, 25151, 25024, 24886, 24674 is the channel bottom.
Resistance for Nifty on the upper side are: 25598, 25719 (Mother line resistance), 25904, 26089, 26179 currently is the channel top.
To know more about Mother Father lines and my Mother, Father small Child theory, Fundamental analysis and how to draw charts or use Techno-Funda analysis do read my book the Happy Candles Way To Wealth Creation rated 4.8/5 on Amazon.
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 trying to find a bottom from where it can bounce back.Nifty is trying to search bottom from where it can relaunch. The slide of Nifty continued today where it lost 165 points to close the day at 25597. The next substantial support is near 25527, 25452 and 25314. 25314 is the 50 days EMA or Mother line support. If this support is not held, it can slide further towards 25159, 24872 or even 24634 in unlikely circumstances. Resistance for Nifty remains at 25639, 25791, 25910 and 26072. Once Nifty is able to establish a bottom for relaunch the march upwards can start again. 25314 remains a very clear major level to watch for below it Nifty will become weak.
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 Short term resistances and Supports. Nifty came crumbling down on Profit booking and US trade deal issue not settling down even as another month goes by.
The support currently for Nifty remain near the trend line which is at 25708. If this support is broken Nifty may fall further and the next supports in line are at 25629, 25585, 25512 and a strong Father line support of 200 Hours EMA at 25455.
Resistances on the other hand for Nifty in case of any of the mentioned support is taken remain at 25841 Strong Mother line resistance of 50 Hours EMA and 25880. If these 2 resistances are crossed and we get a closing above them the next resistances in line are at 25956, 26039 and 26108.
After we get a closing above 26108 we can think of Nifty regaining the previous all-time high or even crossing it.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
Negative closing today but it was a good monthly closing candle.Despite negative closing for last 2 days of the month it was an overall good monthly candle for Nifty. Previous highest Monthly closing for Nifty was 25810 in September 2024. This month we got a closing slightly below the same at 25722 in October 2025. Once we get a closing above previous all time high in the next month or 2 on in few months time the doors for Next Fibonacci level opens. The next Fibonacci resistance level after we get a closing above previous ATH of 26277 will be at 27666. Golden Fibonacci ratio target in few years time will be 29540.
Very strong Fibonacci support now remains at 23902. Next Fibonacci level support in case of a catastrophic event will be at 21743. Mother line of 50 Months EMA remains at 20853 which is very close to mid-channel support in case there are multiple global or regional situations creating instability.
As of now the shadow of the candle seems positive however there is a chance of little bottom testing for Nifty before we get a new all time high. Sectoral rotations and reshuffling of portfolios of HNIs, MFs and FIIs might also be on card depending on the trade deals and newly emerging tariff scenarios.
Selective stocks which have been giving good results year on year and Quarter on Quarter from Consumption, Defense, Auto, Infrastructure, Banking and Capital Goods sectors including the PSUs themes look good for long term investment currently. While previous superstars of IT, Pharma, Services and other few sectors which lead the previous rally can tend to remain laggard and sideways, specially if the trade deal agreement remain unresolved. If the trade deals with EU and US, specially US goes through even these sectors will fight back and tend to perform.
Overall it was a good month of recovery where Nifty made a comeback from the lows of 24605 to reach 26104 gaining almost 1499 points at one point. Yet it was little disappointing to close below 26K at 25722. Still the positive is that we gained 1117 points this month which is not a bad show at all. Hoping that we get a monthly closing above 26K or previous ATH soon so that doors for next phase of Bull rally can commence swiftly.
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 Short & Medium Term Support&Resistance_30-Oct to 7-Nov-25Nifty Short & Medium Term Support&Resistance_30-Oct to 7-Nov-25
Nifty 25909
Long call ( Buy) was given three weeks before at 24896, Nifty crossed 26000 last week and this week.
Recently china was announced 100% additional tarrif for rare earth restriction by china, but after meeting XI, trump reduced current tarrif from 57% to 47%
Quarterly results of company released so far are average expecting GST 2.0 and festive sale to boost in Q3, HDFC Bank posted 10% profit, ICICI Bank posted 5% profit, Reliance posted 10% profit.
HDFC AMC, Persistent Systems,Dixon, Waaree Energies, Waaree Renewables, KEI, Polycab, Havells, Indian Renewable, NMDC, Bank of Mah, ICICI Lombard and ICICI Pru posted good results. Few stocks are already gone up and PE is high.
Overall, the Qtrly Results and Tariffs deal will decide the future path of the Nifty. Since it is a Volatile situation SIP route or buy in multiple parcel route with a goal of 3-5 years will workout.
Pending Qtrly results and Tarriff Deal ill take the Index Further.
Hence the strategy can be shifted to long considering medium to long and use the opportunity to buy on dips similar to SIP.
Current Short Term Resistance are 26000 and 26269 ( all time high). It need to break the resistance 26269 decisively to move up to 27000 target in med-long term.
Nifty Short Term Supports ( Multiple Supports are there between 25000-25670):
1.25900 ( Trend line support)
2. 25670 ( Jun 2025 High) Should cross this resistance in short term decisively inorder to move up.
3. 25500 ( 25441 Sep 18th 2025 High )
4.25450 ( 25442 is the Aug 2025 high)
5.25350 ( Fibonacci resistance shown )
6.25200 ( 25154 Aug 2025 high)
7.25000 ( Milestone)
Short Term Resistance
1.26098 ( Recent last week high)
2.26269 ( All time High)
Medium Term Support:
1.24700 (Trend Line as shown)
2. 24000-24170 (Fibonacci Retracements Supports- Two Supports in this zone 24116 & 24171 as shown)
3. 23500-23700 (Fibonacci Retracements Supports- Two Supports in this zone 23608 & 23707 as shown)
2. 23000
Medium Term Resistance:
1.27000 ( Need to decisively break 26269 all time high) This resistance is based on Fibonacci resistance at 27034
Long term resistance:
1.28000 ( Need to decisively break and move up 27000)This resistance is based on Fibonacci resistance at 28106
Long Term Support
1.22700-23000 ( Trend line and Mar 2024 High)
2.Big support at 20000 (Sep 2023 high)
Nifty Hits the 26K Wall—Market Awaits the Spark for a Big LeapAfter six consecutive gains, the Indian benchmark Nifty paused on Friday and slipped slightly from its recent highs, mainly due to profit booking.
Despite the mild correction, the index still ended the week in green, registering modest gains — a sign that the broader market sentiment remains upbeat.
Meanwhile, The India VIX declined 0.30% to 11.59, pointing to subdued market volatility.
Technical View:
On the charts, Nifty attempted a breakout above the 26,000 mark but couldn’t sustain above it.
According to Open Interest (OI) data:
● Resistance: 26,000 remains the strong resistance zone, with heavy call writing indicating a supply wall.
● Support: The 25,500–25,400 zone holds firm as crucial support, backed by significant put writing activity.
Key Triggers for the Week Ahead:
1. US Fed Meeting (Oct 28–29)
Markets will watch closely as the Federal Reserve meets this week. Experts widely expect a rate cut to support growth and ease borrowing costs.
2. Q2 FY26 Earnings Season
The ongoing earnings season will continue to drive stock-specific moves as major Indian corporates announce their quarterly results.
3. US–China Presidential Meeting
Investors will keep an eye on global cues from the upcoming U.S.–China talks, which could influence global sentiment and trade outlook.
4. India–US Trade Deal Progress
Reports suggest India is close to finalising a trade pact with the U.S. — a move that could further boost investor confidence if concluded smoothly.
Looking Ahead
Nifty seems to be catching its breath within a tight range of 25,400–26,000. The bias remains positive, but a decisive breakout above 26,000 is needed to confirm fresh upside momentum.
Until then, traders should focus on stock-specific opportunities, manage risk tightly and stay agile — the next breakout could set the tone for November’s trend.
Nifty Short & Medium Term Support&Resistance_22-Oct to 23-Oct-25Nifty Short & Medium Term Support&Resistance_22-Oct to 23-Oct-25
Nifty 25868
Long call was given two weeks before, Nifty very decisively crossed the 25000 resitance and moved up 1000 Points in the last week.
Current Short Term Resistance are 26000 and 26269 ( all time high). It need to break the resistance 26269 decisively to move up to 28000 target in med-long term.
Quarterly result started coming out slowly, HDFC Bank posted 10% profit, ICICI Bank posted 5% profit, Reliance posted 10% profit. HDFC AMC, Persistent Systems,Dixon, Waree Energies and Renewables, KEI, Polycab, ICICI Lombard and ICICI Pru posted good results. All these stocks are already gone up and PE is high. Hence the market also moved up last week. Forthcoming results will take the Index further up or down.
Hence the strategy can be shifted to neutral from long.
Overall, the Qtrly Results and Tariffs deal will decide the future path of the Nifty. Since it is a Volatile situation SIP route or buy in multiple parcel route with a goal of 3-5 years will workout.
Recent 100% additional tariff on China got severe effect on US market on Friday, it will affect global other trade markets too on Monday. Mainly due to the uncertainty prevailing over.
However, for India though initial drop market tend to move up to 25670 ( Jun 2025 all time high).
Repo and FD rate reduction by RBI, people mandatorily have to choose Debt/Commodity/Equity as alternate in order to beat the inflation.
Apart from that Low Cost ULIPs (2.5 L Limit per person) as one of the option to save the tax- ICICI & HDFC ULIPs are doing well, ULIPs are simplified and charges are lesser compared to MFs in terms of long term, Various fund option including passive funds are introduced.
GST 2.0 is a reform which can aid in Auto/ FMCG / Home Appliances sales will get a boost due to the festival season.
Since market is volatile, use the dips (Opportunity) and buy through SIP or through multiple parcel in these uncertain times with a goal of 3-5 years.
Nifty Short Term Supports:
1.25200 ( 25154 Aug 2025 high)
2.25350 ( Fibonacci resistance shown )
3.25450 ( 25442 is the Aug 2025 high)
4. 25500 ( 25441 Sep 18th 2025 High )
5. 24700 (Trend Line as shown)
6. 24000-24170 (Fibonacci Retracements Supports- Two Supports in this zone 24116 & 24171 as shown)
Medium Term Support:
1. 23500-23700 (Fibonacci Retracements Supports- Two Supports in this zone 23608 & 23707 as shown)
2. 23000
Resistance ( Multiple Resistances are there between 25000-25650):
1. 25000
2.
Medium Term:
1.25670 ( Jun 2025 High) Should cross this resistance in short term decisively inorder to move up.
2.26269 ( Sep 2024 High)
Weekly Market Wrap: Nifty Eyes All-Time HighsNifty closed the week at 25,709, gaining 400 points from the previous week’s close — marking another strong performance! It made a high of 25,781 and a low of 25,060.
As I highlighted last week, Nifty was expected to trade within the 25,700–24,850 range — and while it briefly broke out by 80 points, it closed right back within the range, showing controlled optimism.
Technical Outlook:
The monthly charts of both Nifty and Bank Nifty are now showing signs of forming a bullish W-pattern, which typically indicates trend reversal and strength. If Nifty manages to sustain above 25,900, we could see it rally towards its all-time high of 26,277, followed by the important Fibonacci level of 26,492.
On the downside, a pullback towards 25,450–25,500 could offer a great buy-on-dips opportunity for fresh long positions.
Next Week’s Range Expectation:
With a holiday-shortened week ahead (holiday on Wednesday and only a 1-hour trading session on Tuesday), expect Nifty to remain range-bound between 26,200–25,250. A breakout beyond these levels could spark some serious fireworks!
Big Picture View:
I continue to remain optimistic about India’s growth story. Over the coming years, I expect:
Nifty to reach 44,000+
Sensex to touch 1,44,000+
Of course, there will be healthy pullbacks and corrections along the way — offering smart investors a chance to accumulate at better valuations.
💡 Investment Ideas:
To participate in India’s long-term growth journey, consider systematic investments in:
NiftyBees, MidcapBees, SmallCapBees & GoldBees
Also, keep an eye on the Banking, Auto, and Infrastructure sectors — all showing strong bullish setups for the next few weeks.
Global Markets – S&P 500 Update:
The S&P 500 closed at 6,664, up nearly 110 points for the week, forming an inside candle on the weekly chart.
A move above 6,715 can push it towards 6,760 / 6,780 / 6,930 / 6,959 (key resistance levels).
On the downside, 6,555 and 6,384 are crucial supports — as long as 6,384 holds, it remains a buy-on-dips market for me.
Wishing everyone a very Happy & Prosperous Diwali!
May this festival of lights bring you wealth, wisdom, and winning trades!
Pre-Diwali Cheer on Dalal Street! Nifty Hits Fresh Yearly HighIndian markets extended their rally for a third straight session on Friday, October 17, with the Nifty hitting fresh one-year highs, spreading early Diwali cheer across Dalal Street.
With this surge, the Nifty 50 is now just 2.16% away from its all-time high of 26,277, reached in September 2024. October has been particularly strong, with the index closing most sessions in the green and posting month-to-date gains of 4.46%, its best performance since March 2025.
Key Drivers of the Rally
● Consumption Stocks Lead the Charge – FMCG and other consumption-oriented stocks gained as investors anticipate improved volume growth.
● Banking Sector Strength – A strong start to the earnings season, led by Axis Bank, boosted confidence with better-than-expected margins and improving asset quality. Nifty Bank NSE:BANKNIFTY even hit a fresh all-time high in the last session.
● Foreign Investor Support – FPIs turned net buyers, helping fuel the rally.
● Positive Macroeconomic Signals – Hopes of an India-U.S. trade deal and falling crude oil prices added to market optimism.
● Geopolitical Stability – Easing tensions in the Middle East reduced risk sentiment, supporting equities.
● Earnings Recovery Expectations – Investors expect H2 FY26 to see stronger earnings, aided by GST rate cuts and the RBI’s cumulative 100-basis-point repo rate reduction, boosting domestic consumption.
Technical Observations
Nifty has broken past the trendline resistance near its previous high of 25,670, signaling continued bullish momentum.
● Immediate support: 25,400–25,500
● Strong support: 25,000
● Resistance zone: 25,850–26,000
Outlook
Next week may stay muted as market holidays on October 21 and 22 could limit major moves. Nifty is likely to remain sideways with a slight bullish bias. Muhurat trading on Tuesday, October 21 (1:45 PM–2:45 PM) will serve as an early indicator of market momentum post-Diwali.






















