Nifty Short, Medium and Long term,Stocks to watch-2nd to 16Aug26Nifty 24548 ( 24309 in Ist week Jul)
After 5 months of Middle East War ,ceasefire, inbetween strikes and negotiations , market hovering around nifty 23000 to 24500. Signing of deal(MOU) completed. Crude oil price ireduced to 83$ after touching 102 $ in end of jul 2026, however as expected hormuz is still an issue, iran blockage continues and added to that partial red sea blockage by yemen houthis is a concern. Tension still previals. Crude oil export from middle east countries have not even touched 30-50% of the pre February condition. These already created economic paralysis for many countries including middle east countries. Q1 results awaited starting from next week.
Hence to be cautious, Selling of stocks recommended for the last 2 months. which would have created profits and flexibility of cash in hand. Time to value pick the stocks.
Short Term:
Nifty crossed crucial a Ist resistance at 24500 today on 3-Aug-26 .
Short Term Resistance Ist Resistnace at 24800 ( Trend Line & Fib support) should cross decisively this level. ,IInd Resistance at 25000 IIIrd Resistance at 25500).
Nifty Short Term Supports : 23800- ( trend line support & Fib Support )
Stocks to Watch as on 3-Aug-26 :
Hindustan zinc, Dixon , Nalco, Garden reach, Zydus Life sciene, Paradeep phosphate , Bajaj Auto, Aptus value housing, Cholamandalam Inv Finance, Mah Finance ( on dip) Waarree Energies ( US Litigiation but still to watchout) , Refex industries, ICICI Bank, Karnataka Bank & AU Small Fin Bank, APL apollo tubes,CPCL, Bank of Maharashtra , lUPIN, Navin Flourine , Apar ,NMDC
New Stocks recommenced on 28-Jun-26 continues ( Bajaj Auto , Fujiyama power, DCB bank on dip, suryodyay small fin, somany ceramics, kalpataru projects, GNFC, premier energies )
Nifty bank is at 57761 ( 58753 Ist week Jul)
Nifty IT reduced to 30982 ( Ist week Jul 27660 ). Increased by 15%
Nifty Pharma inceased to 26449 ( ist week of Jul 25654)
Nifty Midcap 150, midcap select also increased Slightly and & nifty small cap 250 is flat. Nifty Mid cap is below 3 years historical PE and Nifty Small cap is well ahead of historical PE.
Medium Term:
The support and Resistances posted on 15-Mar-26 is still intact. It was a buying opportunity at 22200 for Long Term as mentioned in the report. Also buy on dip strategy betweem 22000-23000.
Nifty Supported effective at 22340/22000 Mid Term Support Currently near at 23925 (short term resistance 24000) above 24000 decisively, the Mid term resistance at 24750-25800/ 25000-25500 ( having Multiple Resistance).
MACD - MACD signal crossed the MACD, RSI at 65 and stochastic above 90 is a good sign.
gold is flat at 4070 Usd / Ounce ( from 5100 usd /ounce 2 month before) and almost flat for last 1 month.
Bitcoin dropped steeply from 75000 to below 59000 in last 2 month. currently at 62000 level.
US index and stocks have fallen due to profit booking.
US inr eased to 95 Rs / usd from 96.5 Rs / usd end of Jul 2026.
15-Mar-2026 Report buy on dips and it still continues, partial profit booking and value picking:
Assuming all time high of 26380 is target from current 23151 (11-12%) If it drops to 22500, from there it will be (17% up) which can be achieved in 12-15 months, once war issue is resolved. Hence accumulate slowly whenever dips as per support level.
Med Term support 22340 ( Fib Support) 22000
Med Term Resistance (Trend Line as shown) 25500 initially. then to 26000 26372 All time High)
Long Term Resistance shall cross all time high 26372 decisively. next target are 27000 28000
Long Term Support 21750 (Fib Support) 21450 21000 Worst Case 20000/19900. Further worst case 18300/18000
Niftybank
KFINTECH: The Toll-Booth Primed for a Multi-Leg Run to ATHThe Macro Thesis: Backing Financial Infrastructure
While many financial entities are exposed to lending risks and interest rate fluctuations, KFin Technologies (NSE:KFINTECH) serves as the scalable transaction backbone of the Indian financial ecosystem.
Operating as a dominant Registrar and Transfer Agent (RTA), the company retains a high-margin, duopoly position that directly prints revenue off persistent mutual fund inflows, corporate IPO processing, and alternative investment scaling.
Looking at the daily timeframe, the extended structural correction phase is transitioning cleanly into a high-velocity accumulation breakout.
🗺️ The Price Action Roadmap
The chart prints a highly defined step-ladder trajectory out of the baseline accumulation zone:
The Launchpad (Immediate Accumulation Zone): Price is working to cleanly clear structural overhead resistance between ₹887.90 and ₹915.50. Establishing structural support above this zone shifts the momentum from an accumulation drift to an aggressive expansion phase.
The Ladder Targets (T1 to T4):
T1: ₹992.50 — Immediate structural liquidity pocket.
T2: ₹1,082.40 — Re-testing the prior prominent swing high.
T3: ₹1,165.80 — High-volume institutional supply block cluster.
T4: ₹1,287.65 — The final key gatekeeper guarding major macro expansion.
The Volatility Squeeze Cluster (₹1,340 – ₹1,500): Expect a multi-week consolidation block inside this zone as late buyers exchange hands before the final push.
The Ultimate Target (All-Time High): ₹1,608.65. Clearing this ceiling leaves the chart in blue-sky territory.
⚡ Core Fundamental Pillars
Unrivalled Market Moat: KFin commands a ~33% domestic market share in mutual funds and administers share registries for roughly 50% of the NSE 500. RTA switching costs are incredibly high, securing highly defensive, recurring cash flows.
Exceptional Scalability: Operates with software-like efficiency, maintaining robust leverage that routinely keeps EBITDA margins well north of 40%.
Systemic Tailwinds: The underlying strategy acts as a direct proxy play on the long-term shift of Indian household savings into formal equity markets and systematic investment plans (SIPs).
⚠️ Risk Management Parameters
Invalidation Zone: A decisive structural breakdown below the swing floor of ₹768.55 invalidates the current expansion scenario.
Manage risk appropriately and scale out dynamically into major targets.
Nifty Short Medium Long 29-Jun-26 to 12-Jul-26Nifty 24056
After near to 3 months of Middle East War and followed by ceasefire, negotiations and inbetween strikes, market hovering around nifty 23000 to 24400. Signing of deal(MOU) completed. Crude oil price ireduced to 72$, however as expected hormuz is still an issue iran blockage continues due to strikes in lebanon and US striked iran followed by Iran strikes in Kuwait and Bahrain US air bases. Tension still previals. Crude oil export from middle east countries have not even touched 50% of the pre February condition. These already created economic paralysis for many countries. Q1 results awaited starting from next week.
Hence to be cautious , Selling of stocks recommended for the last 2 months. which would have created profits and flexibility of cash in hand. This cash used and can be used when market dipped to 22991 last week. keep 10-30% cash in case of fresh investment / already invested more consider few partial profit booking.
Nifty bank is at 58753 (15 days before 56822 ) - Increased compared to other index.
Nifty IT reduced to 27330 (15 days before 27795 ). As of now 27000 level is good support level. next support at 26000
Nifty Pharma inceased to 24969 ( 15 dyas before 24380 ) -
Nifty Midcap 150, midcap select & nifty small cap 250 also increased in 15 days.
The support and Resistances posted on 15-Mar-26 is still intact. It was a buying opportunity at 22200 for Long Term as mentioned in the report. Also buy on dip strategy betweem 22000-23000.
Nifty Supported effective at 22340/22000 Mid Term Support Currently near at 23925 (short term resistance 24000) Above 24000 decisively, the Med term resistance at 24750-25800/ 25000-25500 ( having Multiple Resistance).
MACD - MACD signal crossed the MACD, RSI and stochastic too improved.
gold is flat at 4088 Usd / Ounce ( from 5100 usd /ounce 1 month before)
Gold support is at 3896/3786/ 3445 ( good support)
Bitcoin dropped steeply from 75000 to 59000 in last 1 month.
US index and stocks have fallen due to profit booking.
US inr eased to 94.38 Rs / usd from 97 Rs / usd a month back.
15-Mar-2026 Report buy on dips and it still continues:
Assuming all time high of 26380 is target from current 23151 (11-12%) If it drops to 22500, from there it will be (17% up) which can be achieved in 12-15 months, once war issue is resolved. Hence accumulate slowly whenever dips as per support level.
Nifty Short Term Supports : 23000 -22840- ( Fib support)-22500
Short Term Resistance Ist Resistnace at 24900 , IInd Resistance at 25500) , should cross decisively 24350-24400
Med Term support 22340 ( Fib Support) 22000
Med Term Resistance (Trend Line as shown) 25500 initially. then to 26000 26372 All time High)
Long Term Resistance shall cross all time high 26372 decisively. next target are 27000 28000
Long Term Support 21750 (Fib Support) 21450 21000 Worst Case 20000/19900. Further worst case 18300/18000
Some stocks to watchout for given on 8-mar-26 still continues and many stocks have raised so far. Sharda Cropchem, Garden Reach, APL apollo tubes, AU small finance bank on dip, Muthoot finance ,CPCL, waaree energies, Bank of Maharashtra , lUPIN, CIE automative, Navin Flourine , Apar,(caution already increased) ,NMDC
OTHER stocks for to maintain balance in portfolio for large cap and stability for large cap and stability- HDFC Bank icici bank sbi, coforge, persistent system, TCS( IT stocks strictly on dips) Infosys,tata steel ,Bajaj fin. Watchout to buy only if nifty dips below 23000 and to 22000/20000.
New Stocks as on 28-Jun-26 ( Bajaj Auto , Fujiyama power, DCB bank on dip, suryodyay small fin, somany ceramics, kalpataru projects, GNFC, Glenmark, premier energies
Nifty Short, Medium Long term support & resstance-15-Jun-26Nifty 23622
After near to 3 months of Middle East War and followed by ceasefire, negotiations and inbetween strikes, market hovering around nifty 23000 to 24400. Signing of deal ( End of tunnel) is finally visible. Crude oil price is hovering above 85-95$. Crude oil export from middle east countries have not even touched 50% of the pre February condition. These already created economic paralysis for many countries. Q1 results expected to be poor.
If the deal is signed in 7-10 days, crude price may reduce, market might move up little, predominantly within 26400 region. but if the deal is not signed, further escalation of war happens, market may touch down to 22000 and further upto 20000/19900, depends on the situation.
Hence be cautious , Selling of stocks recommended for the last 1 month. which would have created good profits. This cash used and can be used when market dipped to 22991 last week. keep 10-30% cash in case of fresh investment / already invested more consider few partial profit booking.
Q4 results are out and the performance is only average. IT stocks posted muted results and IT index have fallen. Nifty 50 was at 20 PE and incresed to 20.5 PE, though less than 3 year average Nifty PE, sustaining of profit margin and growth is under question.
Nifty bank is at 56822 (15 days before 54055 ) - Increased compared to other index.
Nifty IT from 27795 (15 days before 28912 ). As of now 28000 level is good support level. next support at 26000
Nifty Pharma from 24380 ( 15 days before 24574) - Flat
Nifty Midcap 150, midcap select also provided decent results from the dip to till date can be added as 20% of the portfolio considering longterm. Howver, indec is flat for last 15 days
The support and Resistances posted on 15-Mar-26 is still intact. It was a buying opportunity at 22200 for Long Term as mentioned in the report. Also buy on dip strategy betweem 22000-23000.
Nifty Supported effective at 22340/22000 Mid Term Support Currently near at 23925 (short term resistance 24000) Above 24000 decisively, the Mid resistance at 25000-25500 ( Multiple Resistance).
MACD - Still MACD signal didnt cross the MACD.
Crude price (brent) skyrocketed from 70 usd & touched 120 usd and reduced to 87 usd. gold reduced to 4072 Usd / Ounce ( from 5100 usd /ounce two weeks before) and slightly up to 4218 usd / ounce currently
Bitcoin dropped steeply from 75000 to 59000 and increased slightly to 63000 level in last fortnight.
15-Mar-2026 Report buy on dips and it still continues:
Assuming all time high of 26380 is target from current 23151 (11-12%) If it drops to 22500, from there it will be (17% up) which can be achieved in 12-15 months, once war issue is resolved. Hence accumulate whenever dips as per support level.
Nifty Short Term Supports : 23000 -22840- ( Fib support)-22500
Short Term Resistance Ist Resistnace at 24900 , IInd Resistance at 25500) , should cross decisively 24350-24400
Med Term support 22340 ( Fib Support) 22000
Med Term Resistance (Trend Line as shown) 26000 26372 All time High)
Long Term Resistance shall cross all time high 26372 decisively. next target are 27000 28000
Long Term Support 21750 (Fib Support) 21450 21000 Worst Case 20000/19900. Further worst case 18300/18000
Some stocks to watchout for given on 8-mar-26 still continues and many stocks have raised so far. Sharda Cropchem, Garden Reach, APL apollo tubes, AU small finance bank on dip, Muthoot finance ,CPCL, waaree energies, Bank of Maharashtra , lUPIN, CIE automative, Navin Flourine , Apar,(caution already increased) ,NMDC ( caution- Result awaited),
OTHER stocks for to maintain balance in portfolio for large cap and stability for large cap and stability- HDFC Bank icici bank sbi, coforge, persistent system, TCS( IT stocks strictly on dips) Infosys,tata steel ,Bajaj fin. Watchout to buy only if nifty dips below 23000 and to 22000/20000.
KOTAKBANK: Reversing the Bear Trend🏦 🏦 🏦
The Thesis: Shaking Off the SlumpThe banking sector is finally pivoting from "restructuring anxiety" to "growth delivery."
While IT is currently suffering from "OpenAI disruption" fatigue, private banks like Kotak are finding a base.
Kotak’s Q4 results beat estimates by 10% with a profit of ₹4,027 crore, and its asset quality is remarkably clean with a Net NPA of just 0.25%.
Technical Analysis: The Rounding Bottom / Cup & Handle is forming a classic, a structural reversal.
The Launchpad: Support successfully held in the ₹343–₹348 zone.The Resistance: We are currently hammering against the ₹386.85 breakout level.
A daily close above this confirms the trend reversal.
The Gap Fill: The immediate high-velocity target is the orange line at ₹399.00. This is where May/Jun 400 CE position enters the "Gamma" zone.
The Trade Plan"Mahesh" Logic: We aren't just looking for a bounce; we are looking for the destruction of the 2-month downtrend.
LevelPrice PointActionEntry₹383.25 – ₹387.00Accumulate on the breakout of the purple resistance.
Stop Loss₹368.00Protect against a "fake-out" back into the rounding base.Linear Target₹428.00The structural recovery objective.
Log Target₹433.05
Short-Term Catalysts
RBI Resolution: The market is pricing in a resolution to the RBI's digital onboarding restrictions by June 2026, which would allow Kotak to restart its aggressive credit card growth.
Margin Stabilization: Net Interest Margins (NIM) showed a sequential recovery to 4.67% in Q4, proving the bank can defend its spreads even in a "persistent inflation" environment.
#KOTAKBANK #BankNifty #TradingView #Breakout #OptionsTrading #Finance2026
Nifty short Med Long term stocks 25-May-26 to 5-Jun-26After near to 2.5 months of Middle East War and followed by ceasefire, market hovering around nifty 23000 to 24400. Signing of deal is dragging. Crude oil price is hovering above 90-110$. Crude oil export from middle east countries have not even touched 50% of the pre February condition. This may lead to an economic paralysis for many countries.
If the deal is signed in 10-15 days, crude price may reduce, market might move up little, predominantly within 26400 region. but if the deal is not signed, further escalation of war happens, market may touch down to 22000 and further upto 20000/19900, depends on the situation.
Hence be cautious , Sell if stocks already in good profits. and buy on dip below 22000-20000 level and other support levels shown below. keep 30-50% cash in case of fresh investment / already invested more consider few partial profit booking.
Q4 results are out and the performance is only average. IT stocks posted muted results and IT index have fallen. Nifty 50 is at 20.5 PE, though less thn 3 year average PE, sustaining of profit margin and growth under question.
Nifty bank is at 54055 (15 days before 55311), currently 50000-52000 level support can be seen and can be bought if falls again.
Nifty IT from 28912 ( 15 days before 29394 ). As of now 28000 level is good support level.
Nifty Pharma from 24574 ( 15 days before 24110) increased 13% when compared to other index
Nifty Midcap select 150 also provided decent results from the dip to till date can be added as 20% of the portfolio considering longterm.
The support and Resistances posted on 15-Mar-26 is still intact. It was a buying opportunity at 22200 for Long Term as mentioned in the report. Nifty Supported effective at 22340/22000 Mid Term Support Currently near at 23925 (short term resistance 24000) Above 24000 decisively, the Mid resistance at 25000-25500 ( Multiple Resistance)
Crude price (brent) skyrocketed from 70 usd & touched 120 usd and reduced to 84 usd. gold reduced to 4100 Usd / Ounce ( from 5100 usd /ounce two weeks before) and reversed to 4837 usd / ounce currently
Bitcoin is increased to 75000 level from Mar 1st - 65700 level .
15-Mar-2026 Report buy on dips and it still continues:
Assuming all time high of 26380 is target from current 23151 (11-12%) If it drops to 22500, from there it will be (17% up) which can be achieved in 12-15 months, once war issue is resolved. Hence accumulate whenever dips as per support level.
Nifty Short Term Supports : 23000 -22840- ( Fib support)-22500
Short Term Resistance Ist Resistnace at 24900 , IInd Resistance at 25500) , should cross decisively 24350-24400
Med Term support 22340 ( Fib Support) 22000
Med Term Resistance (Trend Line as shown) 26000 26372 All time High)
Long Term Resistance shall cross all time high 26372 decisively. next target are 27000 28000
Long Term Support 21750 (Fib Support) 21450 21000 Worst Case 20000/19900. Further worst case 18300/18000
Some stocks to watchout for given on 8-mar-26 still continues and many stocks have raised so far. Sharda Cropchem, Garden Reach, APL apollo tubes, AU small finance bank on dip, Muthoot finance ,CPCL, waaree energies, Bank of Maharashtra , lUPIN, CIE automative, Navin Flourine , Apar,(caution already increased) ,NMDC ( caution- Result awaited),
OTHER stocks for to maintain balance in portfolio for large cap and stability for large cap and stability- HDFC Bank icici bank sbi, coforge, persistent system, TCS( IT stocks strictly on dips) Infosys,tata steel ,Bajaj fin. Watchout to buy only if nifty dips to 22000/20000.
SBIN: Demand Zone Divergence – Potential Long from Channel SuppoTechnical Overview:
State Bank of India (SBIN) is currently testing a major multi-month demand zone identified on the Daily chart. We are observing a confluence of support at the lower trendline of a descending channel.
Key Observations:
Timeframe Confluence: The daily chart shows the price hitting a historical support level.
Volume Analysis: On the 30-minute chart, there is a clear exhaustion in selling pressure. While price is forming lower lows, volume is declining—a classic sign of seller exhaustion.
Risk/Reward: The setup offers a very tight risk profile against a potential return to the upper channel boundary.
Expectation:
A relief rally is expected as the oversold conditions on the lower timeframe meet major daily support.
Nifty short Medium & Long Term supports resistance 11to 25May-26After 2 months of Middle East War and followed by ceasefire, market recovered and maintaining between 23900 t0 nifty 24400. Situation is not fully restored as deal is not finalized and Hormuz is in closed condition. Crude oil price is hovering above 90$. This may lead to an economic paralysis for many countries.
Hence be cautious and buy on dip below 23000 if it falls and near to three week low 22200 and other support levels shown below), Sell if stocks already in good profits.
Q4 results are out and the performance is only average. IT stocks posted muted results and IT index have fallen.
Nifty bank is at 55311 , currently 50000-52000 level support can be seen and can be bought if falls again.
Nifty IT from 29394 . As of now 28000 level is good support level.
Nifty Pharma from 24110 increased 10% when compared to other index
Nifty Midcap select and nifty small cap 250 also provided decent results from the dip to till date.
The support and Resistances posted on 15-Mar-26 is still intact. It was a buying opportunity at 22200 for Long Term as mentioned in the report. Nifty Supported effective at 22340/22000 Mid Term Support Currently near at 23925 (short term resistance 24000) Above 24000 decisively, the Mid resistance at 25000-25500 ( Multiple Resistance)
Crude price (brent) skyrocketed from 70 usd & touched 120 usd and reduced to 84 usd. gold reduced to 4100 Usd / Ounce ( from 5100 usd /ounce two weeks before) and reversed to 4837 usd / ounce currently
Bitcoin is increased to 75000 level from Mar 1st - 65700 level .
15-Mar-2026 Report buy on dips and it still continues:
Assuming all time high of 26380 is target from current 23151 (14%) If it drops to 22500, from there it will be (17% up) which can be achieved in 12-15 months, once war issue is resolved. Hence accumulate slowly on dips.
Nifty Short Term Supports : 23000 -22840- ( Fib support)-22500
Short Term Resistance Ist Resistnace at 24900 , IInd Resistance at 25500) , should cross decisively 24350-24400
Med Term support 22340 ( Fib Support) 22000
Med Term Resistance (Trend Line as shown) 26000 26372 All time High)
Long Term Resistance shall cross all time high 26372 decisively. next target are 27000 28000
Long Term Support 21750 (Fib Support) 21450 21000 Worst Case 20000
Some stocks to watchout for given on 8-mar-26 still continues and many stocks have raised so far. HDFC Bank icici bank TCS( IT stocks strictly on dips) Infosys tata steel Bajaj fin(for large cap and stability) Muthoot finance south Indian bank union bank coforge Persistent system, Waaree Energies ( gave good q4 result), CPCL , BPCL, (strictly on dips as crude is high and govt subsidy increased) NMDC ( already price increased), Apar,(already increased) Sharda Crop, apl apollo tubes,bank of mah( already price increased) & lupin. Watchout to buy only if nifty dips to 23000
Nifty short med long term support resistances 20-Apr to 1-May-26After 40 days of Middle East War and followed by ceasefire, market is up at nifty 24353. Still Situation is not fully restored.deal is not finalised. still question on Who will pay the compensation for damage and control of Hormuz are still a question and Hpormuz is in closed condition.
Hence be cautious and buy on dip below 23000 if it falls and near to three week low 22200 and other support levels shown below), Sell if stocks already in good profits.
Q4 results are coming out slowly, IT stocks posted muted results and IT index have fallen.
HDFC bank and ICICI bank posted avg results. other results are awaited.
Nifty bank is the biggest profitable in index as highlighted in my previous reports. Nifty Bank dropped from 53752 (15-Mar-2026) to 50000 and rebounded to 55500 (08-Apr-26) and 56565 currently. A Clear 13% profit . Hence 50000-52000 level support can be seen and can be bought if falls again.
Nifty IT from 29000 fell down to 28280 touched the bottom and bounced back sharply to 31809 (Clear near to 12.4% up from bottom mainly from 5th to 7th Apr 2026). As of now this 28000 level is good support level.
Nifty Pharma from 22839 fell down 21200 and currently index is near to 22500 ( flat)
Nifty Midcap select and nifty small cap 250 also provided decent results from the dip to till date.
The support and Resistances posted on 15-Mar-26 is still intact. It was a buying opportunity at 22200 for Long Term as mentioned in the report. Nifty Supported effective at 22340/22000 Mid Term Support Currently near at 23925 (short term resistance 24000) Above 24000 decisively, the Mid resistance at 25000-25500 ( Multiple Resistance)
Crude price (brent) skyrocketed from 70 usd & touched 120 usd and reduced to 84 usd. gold reduced to 4100 Usd / Ounce ( from 5100 usd /ounce two weeks before) and reversed to 4837 usd / ounce currently
Bitcoin is increased to 75000 level from Mar 1st - 65700 level .
15-Mar-2026 Report buy on dips and it still continues:
Assuming all time high of 26380 is target from current 23151 (14%) If it drops to 22500, from there it will be (17% up) which can be achieved in 12-15 months, once war issue is resolved. Hence accumulate slowly on dips.
Nifty Short Term Supports : 23000 -22840- ( Fib support)-22500
Short Term Resistance Ist Resistnace at 24900 , IInd Resistance at 25500) , should cross decisively 24350-24400
Med Term support 22340 ( Fib Support) 22000
Med Term Resistance (Trend Line as shown) 26000 26372 All time High)
Long Term Resistance shall cross all time high 26372 decisively. next target are 27000 28000
Long Term Support 21750 (Fib Support) 21450 21000 Worst Case 20000
Some stocks to watchout for given on 8-mar-26 still continues and many stocks have raised so far.
sbi HDFC Bank icici bank TCS( IT stocks strictly on dips) Infosys tata steel Bajaj fin(for large cap and stability) Muthoot finance south Indian bank Karnataka bank union bank coforge Persistent system, Waaree Energies ( gave good q4 result), CPCL , BPCL, NMDC, Apar, Sharda Crop, apl apollo tubes,bank of mah & lupin. Watchout to buy only if nifty dips to 23000
NIFTY 2H ANALYSISNIFTY is currently trading near 24,245–24,320 zone, and the chart structure continues to show a bullish Wave 5 setup after the recent Wave 4 correction.
The market has successfully respected the 23,777 breakout support, which remains the key level for bullish continuation.
🎯 Bullish Scenario
If price sustains above 24,200–24,250, the next leg of the move can extend toward:
24,768 – 24,786 🎯
This zone is the major resistance / Wave 5 completion area marked on the chart.
The projected move suggests a gradual push higher with minor pullbacks before reaching the target.
⚠️ Pullback / Trap Zone
A healthy correction remains possible before the final upside expansion.
Key retracement levels:
23,777 → immediate support
23,450 → strong demand zone
23,221 → 50% retracement level
If the market loses momentum near highs, a deeper retracement into 23,200 zone can happen before the next rally.
This makes the red path on your chart a possible liquidity sweep scenario before continuation.
🔥 Market View
Overall bias remains bullish unless 23,200 breaks decisively.
The structure still favors:
higher highs
higher lows
strong bullish continuation
Wave 5 target remains active.
Nifty Short Medium Long Term 8-Apr-26 to 16-Apr-26After 2 Weeks of Middle East War and followed by ceasefire, market is up with record 850 Points(nifty 23950) and 2850 points in sensex ( > 3.7 % up) as on mid of the trade of 08-Apr-26.
Still Situation is not fully restored. Iran and Israel continue their war. It is only US Iran ceasefire of 2 weeks. But there is a hope for normalcy as diplomatic negotiation can happen in this ceasefire period.
Who will pay the compensation for damage and control of Hormuz are still a question.
Hence be cautious and buy on dip below 23000 if it falls and near to last week low 22200 and other support levels shown below), Sell if stocks already in good profits.
Nifty bank is the biggest profitable in index as the valuation is strong as highlighted in my previous reports. Nifty Bank dropped from 53752 (15-Mar-2026) to 50000 and rebounded to 55500 (08-Apr-26). A Clear 10% profit. Hence 50000-52000 level support can be seen and can be bought if falls again.
Nifty IT from 29000 fell down to 28280 touched the bottom and bounced back sharply to 31501 (Clear near to 12% up from bottom mainly from 5th to 7th Apr 2026). on 8-Mar-26 it is up only by 0.24%. As of now this 28000 level is good support level.
Nifty Pharma from 22839 fell down 21200 and currently index is near to 22000 ( only 0.6% up on 08-Mar-26, though nifty is up by 3.7%)
The support and Resistances posted on 15-Mar-26 is still intact.
It was a buying opportunity at 22200 for Long Term as mentioned in the report.
Nifty Supported effective at 22340/22000 Mid Term Support
Currently near at 23925 (short term resistance 24000)
Above 24000 decisively, the Mid resistance at 25000-25500 ( Multiple Resistance)
Crude price (brent) skyrocketed from 70 usd & touched 120 usd and reduced to 97 usd.
gold reduced to 4100 Usd / Ounce ( from 5100 usd /ounce two weeks before) and reversed to 4800 usd / ounce currently as on 08-Apr-26
Bitcoin is muted to 68000 level from Feb First Week.
15-Mar-2026 Report:
Assuming all time high of 26380 is target from current 23151 (14%)
If it drops to 22500, from there it will be (17% up)
which can be achieved in 12-15 months, once war issue is resolved.
Hence accumulate slowly on dips. Once market formed a reversal watchout for crossing 24000 level decisively.
Nifty Short Term Supports :
23000 -22840- ( Fib support)-22500
Short Term Resistance (multiple resistance from 24900 to 25600)
24000
Med Term support
22340 ( Fib Support)
22000
Med Term Resistance
(Trend Line as shown)
25000
25200 ( 25154 Aug 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.
25450 ( 25442 is the Aug 2025 high)
25500 ( 25441 Sep 18th 2025 High )
26000
26372 All time High)
Long Term Resistance( Many from 25000-26320)
27000
28000
Long Term Support
21750 (Fib Support)
21450
21000
Worst Case 20000
Nifty Short Medium Long Support Resistance 16th-20th Mar-26Nifty 23151 ( Prev Week 24450 )
Nifty dipped by 1300 points last week ( 5.3%)
Market Clearly broke the 24000 and 23500 support after resisting for a short period.
The nifty dropped due to the war in middle east between israel and iran with closing of gulf of homurz affecting middle east countries and other countries.
Especially India due to the LPG, Fertilizer and likely trigger for Fuel Shortage.
Apart from oil tanker movement in gulf of homurz, essential goods movement also affected, Entire flight operation stopped, except emergency flight to UAE, Saudi & Oman.
As still global tension prevails (war in middleast), high volatility is expected, use this opportunity to buy slowly.
Assuming all time high of 26380 is target from current 23151 (14%)
If it drops to 22500, from there it will be (17% up)
which can be achieved in 12-15 months, once war issue is resolved.
Hence accumulate slowly on dips. Once market formed a reversal watchout for crossing 24000 level decisively.
crude price (brent) skyrocketed from 70 usd & crossed 100 usd.
gold reduced slightly and currently near to 5000 ( last week 5171 usd / Ounce)
Nifty Bank dropped from 53752 (Last week 57780 & two weeks before it was 61172 ) 12% drop in three weeks.
Nifty Pharma didnt dropped much . All time high 23844 to currently 22832
Nifty IT dropped 1000 points and settled at 29071 (All time high 40286)
Please watch my induvial analysis report for support for these three index.
RSI 24%, MACD in negative for 3 weeks, Stochastic is at 1.2%, all three are in oversold situation for last three weeks.
Some stocks to watchout for given on 8-mar-26
sbi HDFC Bank icici bank TCS Infosys tata steel Bajaj fin(for large cap and stability) Muthoot finance south Indian bank Karnataka bank union bank coforge Persistent system, Waaree Energies , CPCL , BPCL, NMDC, Apar, Sharda Crop, apl apollo tubes, nalco, bank of mah & lupin
As i am emphasizing for more than 4 months now, that the situation is highly Volatile, SIP route or buy in multiple parcel route (On Dips) with a goal of 3-5 years ( Medium to Long term) will workout.
Considering the global situation, diversify the portfolio with Debt and liquid fund ( approx 10-15% portfolio) and 10% in Gold for Year 2026, 10% in US Nasdaq stocks/ MF, especially liquid funds will create funds availability for further buying opportunity incase of market dips like a Systematic transfer plan.
Nifty Short Term Supports :
23000 -22840- ( Fib support)-22500
Short Term Resistance ( multiple resistance from 24900 to 25600)
24000
Med Term support
22340 ( Fib Support)
22000
Med Term Resistance
(Trend Line as shown)
25000
25200 ( 25154 Aug 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.
25450 ( 25442 is the Aug 2025 high)
25500 ( 25441 Sep 18th 2025 High )
26000
26372 All time High)
Long Term Resistance( Many from 25000-26320)
1.27000
2.28000
Long Term Support
21750 (Fib Support)
21450
21000
Worst Case 20000
Nifty short medium long term support resistance 9th-13th-Mar-26Nifty 24450 (27-Feb-2026 25571 )
Nifty dipped to 24311 last week touched 24982 high last week and closed at 24450.
The nifty dropped due to the war in middle east between israel and iran with closing of gulf of homurz affecting middle east countries.
apart from oil tanker movement in gulf of homurz, essential goods movement also affected, Entire flight operation stopped.
crude price ( brent) skyrocketed from 70 usd to 93 usd.
gold reduced slightly and currently in 5171 usd / Ounce
Nifty Bank fropped from 61172 to 57780 in two weeks
RSI 33%, MACD in negative, Stochastic is at 9%, all three are in oversold situation.
As still global tension prevails (war in middleast), high volatility is expected, use this opportunity to buy slowly.
As far as India is concerned, economy is moderate.
The Nifty 500 stocks have shown a mix of performance in Q3 FY25-26. Many stocks have performed well, while others have lagged.
Some stocks to watchout for 8-mar-26
sbi HDFC Bank icici bank TCS Infosys tata steel Bajaj fin(for large cap and stability) Muthoot finance south Indian bank Karnataka bank union bank coforge Persistent system, Waaree Energies , CPCL , BPCL, NMDC, Apar, Sharda Crop, apl apollo tubes, nalco, bank of mah & lupin
As i am emphasizing for more than 3 months now, that the situation is highly Volatile, SIP route or buy in multiple parcel route (On Dips) with a goal of 3-5 years ( Medium to Long term) will workout.
All the above stocks can be considered slowly ( as multiple parcels) in case of stock price has fallen.
Considering the global situation, diversify the portfolio with Debt and liquid fund ( approx 10-15% portfolio) and 10-20% in Gold for Year 2026, this funds ( especially liquid funds will create funds availability for further buying opportunity incase of market dips like a Systematic transfer plan.
Nifty Short Term Supports :
24000 -24200-24340
Short Term Resistance ( multiple resistance from 24900 to 25600)
24900 (Trend Line as shown)
25000
25200 ( 25154 Aug 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.
25450 ( 25442 is the Aug 2025 high)
25500 ( 25441 Sep 18th 2025 High )
Med Term Resistance ( Many from 25000-26320)
1.26329 ( All time High)
2.26000
3. 25670 (Jun 2025 High)
Medium Term Support:
1. 24000-24170 (Fibonacci Retracements Supports- Two Supports in this zone 24116 & 24171 as shown)
2. 23500-23800 (Fibonacci Retracements Supports- Two Supports in this zone 23608 & 23707 as shown)
long Term Resistance:
26500
26700 ( Finonacci 1.618 as shown in graph)
27000 ( Need to decisively break 26269 all time high) This resistance is based on Fibonacci resistance at 27034
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 todaynifty opened today with gap-up above yesterdays resistance at 25500, indicating a bullish bias technically. yesterday the index swept liquidity below the 25350support level. strong bullish momentum is expected only above 25600. otherwise, price may consolidate within the 25520-25600 range
Nifty Short Medium Long Term Support Resistance_23rd to 27 Feb26Nifty 25571 (Last week 25471)
Nifty dipped to 25380 last week and touched high of 25881 and closed at 25571.
US Court cancelled the trade deal, followed by increase in global tariff to 10% and then further to 15% by Trump is creating uncertainity. Though short term increase is expected, still 26000 / 26400 ( 26372 Previous high) will be major resistance. Temporary advantage for India as the 15% is common tariff across all countries. Hence, India, China will be in better position as there is no differential tariffs among countries.
The nifty dropped last two weeks mainly due to IT sector stocks. IT index is at 2021 levels. IT Stocks can be accumulated slowly in mulitple parcels as further drop is expected.
On the other side Nifty Bank (61172) is near to all time high (61772), due to the better performance in Q3.
RSI 48%, MACD just crossed the signal , but Stochastic is at 20%, well below the signal.
Nifty Broader range bound movement expected upto 26372 (all time high)/26400 to bottom 24200. Decisive break above 26372/26400 will pave way for nifty to 27000.
As still global tension prevails ( US possible strike in Iran), high volatility is expected, use this opportunity to buy slowly.
As far as India is concerned, economy is moderate.
The Nifty 500 stocks have shown a mix of performance in Q3 FY25-26. Many stocks have performed well, while others have lagged.
Q3 results are moderate as public sector banks like union bank, punjab sind, Federal & IOB posted good results. Reliance with moderate 1% up, hdfc bank posted 12% up, ICICI bank -3%, IDBI Bank is flat, Yes Bank is up but sales and EBIT are negative, South indian bank 9%, Infosys 11%, wipro -7% and Tech Mah 33%, Polycab 36%, HDB Fin Services 36% , HDFC Life -1% and ICICI Pru Life 12% and ICICI AMC 45% up and budget for 2026-27 to be proposed on Ist Feb 2026. Persistent system, Waaree Energies , CPCL , BPCL, SBFC Fin, Ultratech Cem, mcx, laurus lab, KVB gave very good results this week. SBI posted 24% growth.
Gold have dropped more than 15 % in last two trading session but recovered maintaining above 5000$ / Ounce, silver fell near to 50%. Gold recovery is due to current US possible strike in Iran and AI impact in tech stocks.
As i am emphasizing for more than 3 months now, that the situation is highly Volatile, SIP route or buy in multiple parcel route (On Dips) with a goal of 3-5 years ( Medium to Long term) will workout.
Considering the global situation, diversify the portfolio with Debt and liquid fund ( approx 20-30% portfolio) and 10-20% in Gold & Silver for Year 2026, this funds ( especially liquid funds will create funds availability for further buying opportunity incase of market dips like a Systematic transfer plan.
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 pharma, 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,HPCL, BPCL, IOCL, Carysil, MAS Financial Services and BSE . Waaree Energies had an IT raid in its premises in Mid of Nov 2025. Outcome will take the stock forward.
New stocks proposed for watchout for 29-Dec-25 to 02-Jan-26 is Indian Bank and NBCC, buy on dip as market in volatile situation. Both stocks reduced further and in buyable range.
New Stocks ( to watchout For Jan Ist Week 2026) are ITC & Lupin.
For 18-Jan-26, after Q3 Results HDFC AMC ( already provided in the call above), Poly cab, union bank, Tech Mah, Infosys are some of the picks for Watchlist.
New Stocks to watchout for 01-Feb-26 are Capri Global, persistent systems, narayana hrudayala, nalco, Dixon & CG Power ( Semiconductor Push).
IT stocks can be accumulated in multiple parcels.
All the above stocks can be considered slowly ( as multiple parcels) in case of stock price has fallen.
Nifty Short Term Supports :
24819 (Trend Line as shown)
25000
25200 ( 25154 Aug 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.
25450 ( 25442 is the Aug 2025 high)
25500 ( 25441 Sep 18th 2025 High )
Short Term Resistance ( Many from 25000-26320)
1.26329 ( All time High)
2.26000
3. 25670 (Jun 2025 High)
Medium Term Support:
There are multiple supports are from 24000-25000.
1. 24000-24170 (Fibonacci Retracements Supports- Two Supports in this zone 24116 & 24171 as shown)
2. 23500-23700 (Fibonacci Retracements Supports- Two Supports in this zone 23608 & 23707 as shown)
Medium Term Resistance:
1.27000 ( Need to decisively break 26269 all time high) This resistance is based on Fibonacci resistance at 27034
2. 26500
3. 26700 ( Finonacci 1.618 as shown in graph)
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 Short, Medium, Long Term Analysis_16-Feb to 20-Feb-26Nifty 25471 (Last week 25693)
Nifty dipped to 25444 last week after touching high of 26008 and closed at 25471. Following the announcement of the trade deal with the US, the market bounced back sharply on Monday, rising to 26,337. Thereafter, it consolidated and find bottom near 25450.
This nifty drop is mainly contributed from IT sector stocks. IT index is at 2021 levels. IT Stocks can be accumulated slowly in mulitple parcels as further drop is expected.
RSI 46%, MACD crossed the signal but after that dipped but still above the signal, Stochastic 56% Indicators denote neutral movement.
Profit booking happened near to 26000 last week. Broader range bound movement expected upto 26372 (all time high)/26400 to bottom 24200.
Decisive break above 26372/26400 will pave way for nifty to 27000.
As still global tension prevails, high volatility expected, use this opportunity to buy slowly. Since the short term suppport is broken, there is no need in any urgency to buy the stocks.
As far as India is concerned, economy is moderate.
The Nifty 500 stocks have shown a mix of performance in Q3 FY25-26. Many stocks have performed well, while others have lagged.
Q3 results are moderate as public sector banks like union bank, punjab sind, Federal & IOB posted good results. Reliance with moderate 1% up, hdfc bank posted 12% up, ICICI bank -3%, IDBI Bank is flat, Yes Bank is up but sales and EBIT are negative, South indian bank 9%, Infosys 11%, wipro -7% and Tech Mah 33%, Polycab 36%, HDB Fin Services 36% , HDFC Life -1% and ICICI Pru Life 12% and ICICI AMC 45% up and budget for 2026-27 to be proposed on Ist Feb 2026. Persistent system, Waaree Energies , CPCL , BPCL, SBFC Fin, Ultratech Cem, mcx, laurus lab, KVB gave very good results this week. SBI posted 24% growth last week.
Gold have dropped more than 15 % in last two trading session but slightly recovered, silver fell near to 50%.
As i am emphasizing for more than 3 months now, that the situation is highly Volatile, SIP route or buy in multiple parcel route (On Dips) with a goal of 3-5 years ( Medium to Long term) will workout.
Considering the global situation, diversify the portfolio with Debt and liquid fund ( approx 20-30% portfolio) and 10-20% in Gold & Silver for Year 2026, this funds ( especially liquid funds will create funds availability for further buying opportunity incase of market dips like a Systematic transfer plan.
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 pharma, 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,HPCL, BPCL, IOCL, Carysil, MAS Financial Services and BSE . Waaree Energies had an IT raid in its premises in Mid of Nov 2025. Outcome will take the stock forward.
New stocks proposed for watchout for 29-Dec-25 to 02-Jan-26 is Indian Bank and NBCC, buy on dip as market in volatile situation. Both stocks reduced further and in buyable range.
New Stocks ( to watchout For Jan Ist Week 2026) are ITC & Lupin.
For 18-Jan-26, after Q3 Results HDFC AMC ( already provided in the call above), Poly cab, union bank, Tech Mah, Infosys are some of the picks for Watchlist.
New Stocks to watchout for 01-Feb-26 are Capri Global, persistent systems, narayana hrudayala, nalco, Dixon & CG Power ( Semiconductor Push).
All the above stocks can be considered slowly ( as multiple parcels) in case of stock price has fallen.
Nifty Short Term Supports :
24819 (Trend Line as shown)
25000
25200 ( 25154 Aug 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.
25450 ( 25442 is the Aug 2025 high)
25500 ( 25441 Sep 18th 2025 High )
Short Term Resistance ( Many from 25000-26320)
1.26329 ( All time High)
25670 (Jun 2025 High)
Medium Term Support:
There are multiple supports are from 24000-25000.
1. 24000-24170 (Fibonacci Retracements Supports- Two Supports in this zone 24116 & 24171 as shown)
2. 23500-23700 (Fibonacci Retracements Supports- Two Supports in this zone 23608 & 23707 as shown)
Medium Term Resistance:
1.27000 ( Need to decisively break 26269 all time high) This resistance is based on Fibonacci resistance at 27034
2. 26500
3. 26700 ( Finonacci 1.618 as shown in graph)
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 Short medium Long term 9-Feb to 13-Feb-26Nifty 25693 (last week 24820 )
Nifty dipped to 24,691 on the first day of the week. Following the announcement of the trade deal with the US, the market bounced back sharply on Monday, rising to 26,337. Thereafter, it consolidated and eventually settled at 25,693.
Though Budget was a disappointment, there was a support in nifty near to 24740.
Since the GST was reduced in Oct 2025 and also the Income Tax slab reduction last year, there was no much changes in Direct and Indirect Taxes in the budget.
Trade deal framework was released with reduction in tax to 18% for export of apparel, leather, chemicals & marine products.
Tea, Coffee, Spices, Few auto parts & machinery, Diamonds are taxed at 0%.
Simillary US gains from industrial goods, Alchohol, Cars over 3000 Cc, Bikes above 800CC with zero tax.India managed to impose same tariff for sensistive agri products.
RSI 54%, MACD crossed the signal, Stochastic 64% all indicators denote upward rally in the coming week.
However, Broader range bound movement will be upto 26372 (all time high)/26400 to 24500.
Decisive break above 26372/26400 will pave way for nifty to 27000.
As still global tension prevails, high volatility expected, use this opportunity to buy slowly. Since the short term suppport is broken, there is no need in any urgency to buy the stocks.
As far as India is concerned, economy is moderate.
The Nifty 500 stocks have shown a mix of performance in Q3 FY25-26. Some stocks have performed well, while others have lagged.
Q3 results are moderate as public sector banks like union bank, punjab sind, Federal & IOB posted good results. Reliance with moderate 1% up, hdfc bank posted 12% up, ICICI bank -3%, IDBI Bank is flat, Yes Bank is up but sales and EBIT are negative, South indian bank 9%, Infosys 11%, wipro -7% and Tech Mah 33%, Polycab 36%, HDB Fin Services 36% , HDFC Life -1% and ICICI Pru Life 12% and ICICI AMC 45% up and budget for 2026-27 to be proposed on Ist Feb 2026. Persistent system, Waaree Energies , CPCL , BPCL, SBFC Fin, Ultratech Cem, mcx, laurus lab, KVB gave very good results this week. SBI posted 24% growth last week,
On Budget Day, Muthoot Fin, Gold related stocks like Muthoot , Thangamayil, MAnappuram, Titan have fallen, Nalco, Hindalco have fallen by 10% in last two sessions.
Also Public Sector banks are reduced,
Gold have dropped more than 15 % in last two trading session but slightly recovered, silver fell near to 50%.
As i am emphasizing for more than 3 months now, that the situation is highly Volatile, SIP route or buy in multiple parcel route (On Dips) with a goal of 3-5 years ( Medium to Long term) will workout.
Considering the global situation, diversify the portfolio with Debt and liquid fund ( approx 20-30% portfolio) and 10-20% in Gold & Silver for Year 2026, this funds ( especially liquid funds will create funds availability for further buying opportunity incase of market dips like a Systematic transfer plan.
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 pharma, 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,HPCL, BPCL, IOCL, Carysil, MAS Financial Services and BSE . Waaree Energies had an IT raid in its premises in Mid of Nov 2025. Outcome will take the stock forward.
New stocks proposed for watchout for 29-Dec-25 to 02-Jan-26 is Indian Bank and NBCC, buy on dip as market in volatile situation. Both stocks reduced further and in buyable range.
New Stocks ( to watchout For Jan Ist Week 2026) are ITC & Lupin.
For 18-Jan-26, after Q3 Results HDFC AMC ( already provided in the call above), Poly cab, union bank, Tech Mah, Infosys are some of the picks for Watchlist.
New Stocks to watchout for 01-Feb-26 are Capri Global, persistent systems, narayana hrudayala, nalco, Dixon & CG Power ( Semiconductor Push).
All the above stocks can be considered slowly ( as multiple parcels) in case of stock price has fallen.
Nifty Short Term Supports :
24819 (Trend Line as shown)
25000
25200 ( 25154 Aug 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.
25450 ( 25442 is the Aug 2025 high)
25500 ( 25441 Sep 18th 2025 High )
Short Term Resistance ( Many from 25000-26320)
1.26329 ( All time High)
25670 (Jun 2025 High)
Medium Term Support:
1. 24000-24170 (Fibonacci Retracements Supports- Two Supports in this zone 24116 & 24171 as shown)
2. 23500-23700 (Fibonacci Retracements Supports- Two Supports in this zone 23608 & 23707 as shown)
3. 23000
Medium Term Resistance:
1.27000 ( Need to decisively break 26269 all time high) This resistance is based on Fibonacci resistance at 27034
2. 26500
3. 26700 ( Finonacci 1.618 as shown in graph)
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)
#BANKNIFTY PE & CE Levels(03/02/2026)Bank Nifty is expected to witness a very strong gap-up opening, potentially in the range of 1000+ points, indicating a sharp bullish sentiment at the start of the session. This kind of opening usually reflects aggressive short covering combined with fresh long build-up, especially after the heavy selling pressure seen in the previous sessions. However, such large gap-ups are often followed by high volatility, so traders should avoid impulsive entries in the first few minutes and instead observe price behavior near key levels.
From a technical perspective, the immediate focus will be on how Bank Nifty behaves above the 59550–59600 zone. If the index sustains above this region after the opening volatility, it will confirm bullish strength. In that case, a continuation move towards 59750, 59850, and 59950+ can be expected. A clean breakout and hold above 60050 would further strengthen the bullish structure, opening the gates for higher upside targets around 60250, 60350, and even 60450+ in the coming sessions.
On the flip side, traders must remain cautious despite the positive opening. The zone around 59450–59400 will act as a crucial intraday support. If the index fails to hold above this level and starts slipping back, it may indicate profit booking after the gap-up. In such a scenario, a pullback towards 59250, 59150, and 59050 is possible. A sustained move below 59050 would weaken the bullish momentum and may shift the market back into a consolidation or corrective phase.
Overall, the broader sentiment for the day remains bullish, supported by the expected massive gap-up opening. Still, the key lies in sustainability above major resistance-turned-support zones. Traders are advised to trade with discipline, wait for confirmation near important levels, and manage risk strictly, as gap-up days often bring sharp intraday swings in both directions.






















