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Weekly Market Outlook | Nifty, BankNifty & S&P 500 AnalysisNifty closed the week at 25,795, up 86 points from last week’s close — marking another week of resilience within my projected range of 26,200–25,250. This week’s candle looks weak and indecisive, forming near the all-time high zone — a potential signal of short-term fatigue. A break below 25,718 could trigger selling pressure toward support zones at 25,450 / 25,350 / 25,300. However, as long as 25,300 holds, the broader structure remains healthy. On the flip side, if Nifty sustains above 25,900, bulls may once again attempt to test the all-time high resistance at 26,277. 👉 Expected range for next week: 26,250 – 25,350. BankNifty Update: BankNifty delivered a record-breaking all-time high close at 57,699! If it slips below 57,482, it could correct toward 57,000 / 56,750, which may also drag Nifty slightly lower. But a sustained move above 57,900 could fuel another rally toward 58,577 (ATH), providing crucial support for Nifty’s next breakout attempt. S&P 500 (US Markets): The S&P 500 once again posted a new all-time high weekly close at 6,791, perfectly following last week’s outlook where it cleared 6,715 and achieved both upside targets 6,760 / 6,780. Next key levels to watch: Above 6,780 → potential move to 6,930 / 6,959 (important Fibonacci zone) Below 6,750 → watch for pullback toward 6,689 / 6,666 / 6,650 Investors in US equities can now trail their stop-loss near 6,580 and keep adjusting to protect profits as the trend extends. 🎯 Summary: Nifty range: 26,250–25,350 BankNifty: All-time high close, watch 57,900 breakout S&P 500: Bullish momentum intact, eyes on 6,930–6,959 Markets are at crucial inflection levels — next week could decide whether we see fresh breakouts or short-term consolidation.
NSE:NIFTY
by ssudhirsharma11
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!
NSE:NIFTY
by ssudhirsharma11
Weekly Market Outlook | Nifty · BankNifty · S&P 500Nifty closed 25,285 (+390 pts) after making 25,330 / 24,881 — once again perfectly respecting my range of 25,300–24,500! 💪 As expected, BankNifty confirmed its W-pattern breakout, jumping 2% — strength clearly visible in the PSU bank pack. Next week focus • Above 25,450 → breakout toward 25,700+ • Below 25,130 → selling pressure till 25,000 / 24,850 Range for the week: 25,700–24,850 Shorters, stay patient — only if BankNifty cracks 55,700 does weakness confirm. Till then, it’s buy-on-dips for me. Global cue: Trump’s proposed 100% China tariff shook US & crypto markets — watch its spillover effect on sentiment. S&P 500 closed 6,552 (-160 pts). Holding above 6,360 = buy-on-dips; Above 6,625 → uptrend resumes. Below 6,360 → correction toward 6,225 / 6,142 / 6,100. Exciting week ahead for both momentum traders & option sellers!
NSE:NIFTY
by ssudhirsharma11
Weekly Market Wrap: Nifty, BankNifty & S&P 500 OutlookNifty closed the week at 24894, gaining 240 points from the previous week. The index made a high of 24904 and a low of 24587, once again respecting the range I mentioned last week — 25050–24250. From the week’s low of 24587, we’ve seen a sharp bounce back toward 24900, exactly as projected. Nifty Outlook for Next Week For the coming week, I expect Nifty to trade between 25300–24500. A breakout or breakdown beyond this range could bring some real fireworks Bullish Scenario: If Nifty sustains above 24900/24950 on Monday, we could see a rally toward 25300, supported by strength in Banking, Financials, and Metal sectors. Bearish Scenario: Below 24750, bears might get an opening to drag Nifty toward 24500 — though, as of now, that looks less likely unless global sentiment weakens. ⚠️ Caution: While short-term momentum looks positive, the monthly and weekly charts of Nifty still lack strong bullish confirmation. Those waiting to capture a big 800–1000-point breakout move should be patient until we see a clear bullish crossover on higher timeframes. Sector Spotlight: Metals As mentioned last week, Metals continued to shine, with the Metal Index up 4% this week! It also gave an all-time high weekly close above 10220, a key breakout level. If it sustains above 10220 next week, the index can rally another 4% toward the next major resistance at 10709. 👉 Keep your eyes on metal stocks hitting new all-time highs (ATHs) — momentum could stay strong here. BankNifty Update BankNifty is forming a W pattern on the weekly timeframe — a strong bullish reversal formation. Stay alert for potential breakouts in leading banking stocks, as they might fuel the next leg of the rally. Global Cues – S&P 500 The S&P 500 gave an all-time high close at 6715, up 72 points from last week. If it sustains above 6700, expect a move toward 6780. For investors already long — move your trailing SL to 6560 to protect profits. For those waiting to enter — 6568/6570 offers a better risk–reward entry zone. Key Takeaways ✅ Nifty range for next week: 25300–24500 ✅ Bulls need 24950+ for continuation; bears only active below 24750 ✅ Metals remain the sector leader ✅ BankNifty W pattern could fuel the next upmove ✅ S&P 500 remains in a strong uptrend — global sentiment supportive
NSE:NIFTY
by ssudhirsharma11
Market Weekly Wrap – Nifty & S&P 500 AnalysisNifty had a tough week, closing at 24654, down 673 points (-2.7%) from last week’s close. This was exactly in line with the downtrend warning I’ve been sharing over the past 3-4 weeks. Key Highlights: Weekly Range: High 25331 – Low 24629 Two-Week Correction: Down 3.15% from the recent high of 25448 Key Support Levels: 24474 / 24500 – watch closely! If Nifty holds 24474/24500, we could see a short-term bounce of 1–2% toward 24950/25000. But below 24300, brace for a deeper correction — Nifty could retest 23185 support levels. Investor Tip: The old saying still applies: "Be greedy when others are fearful." This is a great time to start deploying capital — either by picking fundamentally strong stocks or through SIP/MF/ETF routes. If the market dips further, you’ll get opportunities to average your positions at better prices. Sector to Watch Next Week: METALS — this sector looks strong and can outperform if market sentiment turns positive. My Nifty Range for Next Week: 25050 – 24250 A breakout or breakdown beyond this range could trigger fast, directional moves. US Markets – S&P 500 Update: S&P 500 closed at 6643, down just 20 points, holding strong near its key Fibonacci support at 6568. Upside Levels: Needs to sustain above 6689 for targets at 6780 / 6930 / 6959 Downside Risk: Below 6568, watch for 6502 / 6454 / 6376 Pro Tip: Keep a trailing stop-loss (SL) at 6524 to lock in profits 📌 Key Takeaways: ✅ Market correction was expected – use this opportunity wisely ✅ Watch 24474 support for potential bounce ✅ Metal sector could lead gains next week ✅ S&P 500 holding key support, but keep SLs in place
NSE:NIFTY
by ssudhirsharma11
Weekly Market Outlook – Nifty, BankNifty & S&P 500Nifty ended the week on a positive note, closing at 25,327 – up 213 points from last week’s close. This week’s price action was once again perfectly aligned with my projected range of 25,500 – 24,700, making a high of 25,448 and a low of 25,048. Nifty Outlook for Next Week: I expect Nifty to trade within 25,700 – 24,900. A break below 24,900 could open the doors towards 24,600 / 24,400. Sector Strength Check: Looking at the monthly time frame, none of the major indices look particularly strong right now. On the weekly chart, strength is visible only in selective sectors like Consumption, FMCG, Metals, and a few Auto stocks. ⚠️ Caution: Until we see strength coming back in at least 3–4 major indices, it’s better to stay selective and avoid aggressive long positions. BankNifty Analysis: BankNifty has staged a sharp V-shaped recovery, but I am not fully convinced with this move. Support to watch: 55,000 – a break below this can take it down to 54,700 / 54,600. Resistance to watch: Above this week’s high of 55,835, it can test 56,000 / 56,400. Expected Range: 56,400 – 54,550 India VIX Alert: India VIX is currently near its support zone, which signals possible volatility ahead – so stay cautious. Global Markets – S&P 500: S&P 500 once again gave an all-time high close at 6,671 (+80 points WoW). Breakout Levels: Above 6,671, we could see 6,689 / 6,780 / 6,930 / 6,959 (key level). Investors holding long positions should keep a trailing SL at 6,450 to protect profits.
NSE:NIFTY
by ssudhirsharma11
Nifty Weekly Market Outlook – Bulls on the ChargeNifty closed the week at 25,114 (+373 points 📈), with a high of 25,139 and low of 24,751. As I mentioned last week, Nifty once again played perfectly within my range of 25,100 – 24,300. Now, we are standing at a critical resistance zone of 25,200 – 25,300 – exactly where the market started its downward journey after 21st Aug 2025. 🔑 Key Levels to Watch for Next Week ✅ Bullish Scenario: If Nifty sustains above 25,250, we may see a strong move towards 25,500 / 25,600. ❌ Bearish Scenario: A break below Friday’s low of 25,038 could invite bears back and take Nifty down to 24,700 or even lower. 💡 Pro Tip for Investors Those waiting for a dip to invest might get a chance around 18th / 19th September. But remember – waiting too long often means missing the rally! ✅ Action Plan: 📋 Keep a list of fundamentally strong stocks ready. 📉 If Nifty corrects towards 24,200 / 24,000, start buying in SIP mode – don’t wait for the “perfect bottom.” 🌎 S&P 500 Update S&P 500 closed at 6,584 (+100 points), finally touching the crucial Fib level of 6,568. 📈 Above 6,568: Rally towards 6,959 could start. 🔒 Trailing SL: Move your stop-loss to 6,430 to lock profits and protect gains.
NSE:NIFTY
by ssudhirsharma11
ACN Accenture plc Options Ahead of EarningsIf you haven`t bought ACN before the previous earnings: Now analyzing the options chain and the chart patterns of ACN Accenture plc prior to the earnings report this week, I would consider purchasing the 240usd strike price Puts with an expiration date of 2025-10-17, for a premium of approximately $10.55. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATION:ACNShort
by TopgOptions
Nifty at a Crossroads – Will W Pattern Hold or Breakdown Ahead?Nifty closed the week at 24,741, up 315 points from the previous close. It touched a high of 24,980 and a low of 24,432, once again moving exactly within my projected range of 24,900 – 23,900. This week, both Nifty and Bank Nifty formed an Inside Candle pattern, making this week’s low of 24,432 a crucial level to watch. A breakdown below it could drag Nifty toward 24,000/23,900. Bullish Possibility – W Pattern on Weekly Chart There’s an interesting W pattern developing on the weekly timeframe. If it plays out, we could see an early-week upside (Mon/Tue) toward 25,100/25,200. However, for a sustained rally, Nifty needs to hold above 25,200 – only then can it test 25,700, which for now looks challenging. ⚠️ My View I’ve been warning about an impending downmove for 2 weeks, and I continue to prepare by hedging my portfolio and making a watchlist of strong stocks to accumulate when the correction comes. The question is – are you ready? US Market Update – S&P500 The S&P500 closed at 6,481, up 21 points from last week, with a high of 6,532 and a low of 6,360. This index is approaching the key Fibonacci level of 6,568. 👉 For US investors: Move your trailing SL to 6,376 to lock in profits. 👉 Consecutive closes above 6,568 could open the doors to the next major level of 6,579 (around 7% higher from current levels). 👉 Until then, keep trailing positions as long as cracks aren’t visible. For Indian investors – brace yourselves, because the road ahead could be volatile and bumpy. Want me to review any index or cryptocurrency for you? Drop it in the comments, and I’ll cover it in my next update!
NSE:NIFTY
by ssudhirsharma11
Nifty at Make-or-Break Zone – Big Move Loading?Nifty ended the week at 24,426, down 444 points from last week’s close. It touched a high of 25,021 and a low of 24,404, once again respecting my projected range of 25,350 – 24,400. Last week, I highlighted the Shooting Star formation and warned about increasing bearish pressure – this week we saw exactly that play out. Now, Nifty is hovering dangerously close to the strong support of 24,400. A daily close below 24,400 could open the gates for a slide towards 24,000 – 23,900. Next Week’s Range Expectation: ➡️ Likely range → 24,900 – 23,900 ➡️ Below 24,400 = 24,000/23,900 possible ➡️ Sideways consolidation for 1–2 weeks also on the table before momentum resumes My View: From the 2nd week of September, I still expect more selling pressure. But before that, big players may try to take markets higher to trap unsuspecting retailers. After all, they need someone to offload their stakes – and who better than us poor retailers 😅. ✅ What Traders & Investors Should Do: Traders: Stay flexible. Be ready for both sideways action and a breakdown. Investors: Use upcoming corrections to load quality stocks at attractive prices. Do your research, keep a watchlist ready, and pounce when the opportunity comes. US Market Update – S&P500 The S&P500 closed at 6,460, almost flat compared to last week. It formed a weak, indecisive candle, signaling hesitation. For bulls to regain control, we need a close above 6,500, which could take the index toward the 6,568 Fibonacci level. On the downside, a break below 6,429 can trigger profit booking, pushing the index toward 6,400/6,373. At 6,373, fresh buyers may step in to drive the next upward leg. Want me to review any index or cryptocurrency for you? Drop it in the comments and I’ll include it in my next update!
NSE:NIFTY
by ssudhirsharma11
Nifty Forms Shooting Star – Is Septmber Correction on the Cards?Nifty closed this week at 24,870, up 240 points from the previous week’s close. It made a high of 25,153 and a low of 24,852, once again respecting my projected range of 25,100 – 24,300. But here’s the key: this week, Nifty formed a Shooting Star candle, which is a bearish reversal pattern. As long as Nifty stays above 24,852, bulls are safe. But a break below this level could trigger downward pressure toward 24,400. 📊 Next Week’s Range: ➡️ Likely range → 25,350 – 24,400 ➡️ Break below 24,852 = bearish pressure ➡️ If 24,400 breaks, 23,900 could come into play Historical September Pattern: From the 2nd week of September, markets have historically shown 6–11% corrections from their highs. If history repeats, within the next 10 days we could see another push toward 25,600/25,700, followed by heavy selling pressure. ✅ My Plan: If markets rise in the coming days, I’ll be looking to cash out from existing positions and prepare to re-enter at better levels if a correction begins in the 2nd or 3rd week of September. US Market Update – S&P500 The S&P500 bounced from 6,343 support and managed to close just 10 points higher than last week. Above its previous week’s high of 6,481, it has the potential to test the 6,568 Fibonacci level. Investors in US markets should trail their stop-loss to 6,330 to safeguard profits. Want me to review any index or cryptocurrency for you? Drop it in the comments and I’ll cover it in my next update!
NSE:NIFTY
by ssudhirsharma11
Wkly Market Wrap – Nifty Breaks Losing Streak, Bulls Eye 25,100Nifty closed the week at 24,631, up 270 points from last week’s close, after hitting a high of 24,702 and a low of 24,347. As I highlighted in last week’s outlook, Nifty once again respected my range of 24,800–23,900 to the dot. After five straight weeks of red, we finally saw a green weekly close—a much-needed breather for the bulls. But remember, this is the first pullback after a prolonged downtrend, so sellers are likely to make another attempt to drag the markets lower. 📌 Key levels for next week: Support: 24,300 – If bulls defend this level, we could see a rally toward 25,000–25,100. Resistance: 25,100 – Strong selling pressure likely here. Even if 24,300 breaks, I don’t expect Nifty to slip below 24,200–24,150 this week. 💡 Opportunity Alert: For those who’ve been patiently waiting for a dip to enter, this week could present a good buying window—possibly followed by another opportunity by the second week of September. Have your list of fundamentally strong stocks ready to pounce. Global Cue – S&P 500 on Fire The S&P 500 once again closed at a new all-time high of 6,468, and the momentum suggests it’s on track to test the key Fibonacci level of 6,568. If you’re invested in the US markets, trail your stop-loss to 6,200 to safeguard profits. Bulls are back in the game, but sellers haven’t left the field—next week will be all about who controls the pitch!
NSE:NIFTY
by ssudhirsharma11
Weekly Market Outlook – Nifty & S&P 500 AnalysisNifty closed the week at 24,363, down 200 points from the previous week’s close, after making a high of 24,736 and a low of 24,337. As highlighted last week, Nifty traded exactly within my projected range of 25,000–24,100, but the negative takeaway is that it has now closed below the crucial support of 24,400. If Nifty sustains below 24,300 next week, there is a strong probability of it testing 24,000/23,900 support levels. My outlook for the coming week: expect movement within 24,800–23,900, with a potential bounce from 24,000/23,900. Interestingly, this marks the 6th consecutive week of Nifty closing lower — something that last happened 12 years ago in August 2013. Historically, after five straight weeks of selling, we usually see at least one green candle. If that bounce comes next week, my focus will be on whether selling resumes afterward or finally takes a breather. Remember the timeless stock market wisdom: “When everyone is fearful, be greedy. When everyone is greedy, be fearful.” For long-term investors waiting for a dip, the opportunity is here — consider accumulating fundamentally strong companies for the long haul. Traders, brace for volatility. S&P 500 Outlook: The S&P 500 closed 150 points higher than last week, validating my prediction of holding 6,200. On the weekly chart, the index is showing signs of forming an M-pattern — a bearish setup. To negate this, the S&P 500 must sustain above 6,400, which could extend its rally towards 6,454/6,500 and the key Fibonacci level of 6,568. However, if it fails to hold 6,400, we could see a retest of 6,225. Investors in U.S. markets should trail their stop-losses to protect gains. Key Levels to Watch Next Week: Nifty: Support – 24,000/23,900 | Resistance – 24,800 S&P 500: Support – 6,225 | Resistance – 6,454/6,500/6,568
NSE:NIFTY
by ssudhirsharma11
Nifty Weekly Market Update – Brace for Bearish Momentum? Nifty ended the week at 24,837, down 131 points from last week’s close. It made a high of 25,246 and a low of 24,806, staying perfectly within my projected range of 25,400–24,500. As highlighted earlier, Nifty has now formed an inverted hammer on the weekly chart — a classic bearish reversal candlestick. 🔍 📅 Flashback: On 6th July, I mentioned giving bulls 10–15 days of playtime. That phase seems to be ending. The monthly time frame remains bearish, and now the weekly chart is aligning, indicating a stronger downside risk. 🔮 What’s Next? 👉 Expect Nifty to trade between 25,300–24,400 in the coming week. 👉 A break below 24,400 could open doors to 23,900. 👉 If 24,400 holds, bulls may still have a chance to regroup. 🧠 Pro Tip: Only Nifty Pharma is showing resilience. Those looking for long trades should focus on strong pharma stocks — the rest of the sectors are showing bearish signs. Meanwhile in the US: S&P 500 hits another all-time high, closing at 6,388, up 90 points from last week. My long-standing target of 6,568 now looks well within reach. But here’s the catch — despite US strength, it’s not supporting Indian markets. If US markets correct, expect intensified selling pressure in India. 🎯 Strategy for Indian investors: Let the bears rule till 7–8 August. Stay alert, and be ready to grab high-quality stocks at bargain prices. This is not the time to panic, but to prepare smartly.
NSE:NIFTYShort
by ssudhirsharma11
Wkly Market Wrap: Nifty Under Pressure, S&P 500 Hits Record HighThe Nifty 50 closed the week at 24,968, down 180 points from the previous week's close. It traded within a tight range, posting a high of 25,255 and a low of 24,918—perfectly aligning with the range I’ve been tracking between 25,600 and 24,700. As I’ve been highlighting over the past few weeks, the monthly chart continues to show weakness, and now even the weekly chart is starting to reflect bearish signals. This growing weakness is a notable concern. What to Watch for Next Week: If Nifty sustains above 25,100, we could see a potential rebound toward the 25,400–25,450 resistance zone. However, a breakdown below this week's low of 24,918 opens the door to a retest of key support near 24,500. What’s interesting is that, despite Nifty’s indecision, the number of bullish stocks on the monthly time frame has increased significantly. Last week, there were 18 such stocks on my radar; now that number has jumped to 26, even after excluding about 10 others that showed bullish patterns but had high volatility. This divergence—index showing weakness while quality stocks turn bullish—could indicate a possible bear trap being set by institutional players. If true, we might see a sharp short-covering rally after a final shakeout. Nifty Outlook: For the upcoming week, I expect Nifty to remain range-bound between 25,400 and 24,500. A decisive breakout or breakdown from this range could lead to sharp directional movement, so traders should stay alert. Global Markets: S&P 500 Soars to New Highs The S&P 500 closed at a record high of 6,296, with a weekly high of 6,315 and low of 6,201. The index remains in strong uptrend mode. A breakout above 6,315 could see it testing 6,376, 6,454, and potentially 6,500 in the coming sessions. My next major Fibonacci target is 6,568. As long as 6,149 holds on a weekly closing basis, I continue to view every dip as a buying opportunity. Final Thoughts: The Indian markets are sending mixed signals, with the broader index showing caution while individual stock strength is quietly building. This divergence warrants a tactical approach—stay nimble, respect levels, and be ready for sharp reversals or breakouts. Next week could be crucial. Stay focused, stay disciplined.
NSE:NIFTY
by ssudhirsharma11
Nifty at Make-or-Break Zone: What to Expect Next Week Markets eMarkets ended the week under pressure, with the Nifty 50 closing at 25,149, down 312 points from the previous week. The index traded within a tight band, hitting a high of 25,548 and a low of 25,129 — perfectly respecting the 25,900–25,000 range mentioned in last week’s analysis. Now, Nifty finds itself at a crucial support level near 25,000. A rebound from this zone could trigger a short-term rally towards 25,500–25,600, which will act as immediate resistance. However, traders should proceed with caution, as the monthly chart remains neutral to bearish, indicating that this could just be a temporary bounce rather than a sustained uptrend. Looking ahead, expect Nifty to trade within a range of 24,700 to 25,600. A breakdown below 24,700 could open the gates for deeper cuts, while a breakout above 25,600 needs to be backed by strong volume and participation to confirm a trend reversal. Sector Watch: Reliance Shines Amidst Caution Among the large caps, Reliance Industries stands out as the only stock showing strength on the monthly chart, while other heavyweights and key sectors continue to lack momentum. This narrow leadership is a red flag for broader market sustainability. Global Markets: S&P 500 at a Crossroads Globally, the S&P 500 closed at 6,259, down slightly from last week. What’s more important is the formation of a Doji candle — a classic sign of indecision. A move above 6,300 could lead to upside targets of 6,376 / 6,454 / 6,500, which would likely boost sentiment in global and Indian equities. However, if the index slips below 6,150, it would mark a failed breakout, potentially triggering a global correction — a risk that Indian markets can't ignore. Final Word We’re at a critical juncture. While technicals suggest a potential bounce in Nifty from 25,000, the lack of confirmation on higher timeframes and uncertain global cues call for prudence over aggression. 👉 I’ll be staying out of the market this week. The setup doesn’t offer a favorable risk-reward, and in trading, patience is often the best position. Let the charts speak. We’ll act accordingly.
NSE:NIFTY
by ssudhirsharma11
Nifty Wkly Update: Market Cools Off,But Bulls May Regain ControlNifty closed the week at 25,461, down 176 points from last week's close. It touched a high of 25,669 and a low of 25,331—a clear sign of consolidation and short-term correction. As I highlighted last week, it was a smart move to book partial profits or trail your stops, especially after the strong upmove. And here we are—a healthy pullback, exactly what we anticipated. But things are about to get interesting... Reliance, the heavyweight of Nifty, is turning bullish on the monthly chart—a strong signal for potential upside. As long as Reliance remains bullish, it's wise to focus on bullish opportunities only. Nifty Outlook for Next Week: Expected Range: 25,000 – 25,900 Strategy: Buy on dips while Reliance stays strong. Sentiment: Cautiously bullish Global Cue: S&P 500 Hits All-Time High! The S&P 500 closed at a record 6,279, up nearly 100 points from last week. If it breaks above 6,284, we could see a rally toward: 6,376 6,454 6,500 6,568 (key level to watch) However, a break below 6,177 could pull it back to 6,050/6,040. My take: S&P 500 is in beast mode, and as it climbs, it’s likely to drag Nifty higher too. The broader market is turning bullish—momentum is shifting in favor of the bulls. Final Thought: Bulls are loading their guns, and bears might want to take a nap for the next 10–15 days. The trend is your friend—for now, let the bulls enjoy the ride!
NSE:NIFTYLong
by ssudhirsharma11
Market Recap: Nifty Breaks Out After 5 Weeks of Consolidation!The Indian stock market saw a strong bullish move this week, with Nifty 50 closing at 25,637, marking a significant gain of 525 points from the previous week's close. The index made a high of 25,654 and a low of 24,824, finally breaking out of the key resistance zone of 25,000–25,100 after five weeks of sideways consolidation. This breakout is a critical technical development, signaling renewed strength in the broader market. However, to sustain this momentum and target the all-time high zone of 26,134–26,277, Nifty may need to either: Consolidate within the previous week's range of 25,650–24,800, or Retest the breakout level near 25,200 for confirmation. Failing to do so could make this breakout a false one. Weekly Outlook for Nifty: For the coming week, the expected trading range is between 25,200 and 26,150. Price action around these levels will be key to watch. On a broader sectoral view, out of 14 NSE indices, only Nifty Financial Services is showing relative strength on the monthly chart—a potential red flag for sustained bullish sentiment. When just one sector leads while others lag, it's often a sign to remain cautious. Strategy Suggestion: Consider booking partial profits and trailing stop losses on the remaining positions. Until the monthly time frame turns decisively bullish, it's wise to stay alert and manage risk actively. Global Markets: S&P 500 Breaks Out! In the U.S., the S&P 500 surged to close at 6,173, successfully breaking above its key resistance level at 6,013. This breakout, if sustained above 6,150 next week, opens up the path toward higher targets: 6,225 / 6,376 / 6,454 / 6,500. However, traders should remain flexible. If the breakout fails, we could see a pullback to support zones near 6,013 or even 5,899. Pro Tip: Be ready to switch trading positions quickly if the breakout doesn’t hold—volatility is still very much in play in both Indian and U.S. markets.
NSE:NIFTY
by ssudhirsharma11
Market Recap & Outlook – Nifty and S&P 500, Bulls coming?The Indian stock market witnessed a volatile week, with the Nifty 50 closing at 24,718, down nearly 300 points from the previous week's close. The index hit a high of 25,222 and a low of 24,473, moving precisely within the range of 25,500–24,500 that I highlighted last week. I hope some of you took advantage of the cautionary signal! Key Support Zone in Focus The 24,400 level continues to act as a strong support—bulls have fiercely defended this zone for the past five weeks. However, if this level cracks, we could see Nifty test deeper supports at 23,900 and 23,700. Geopolitical Overhang The ongoing Iran-Israel tensions remain a wildcard. Unless the situation escalates significantly, I expect Nifty to trade in the 24,400–25,200 range this week. Short-Term Strategy I believe the current selling pressure might persist for 2–3 more sessions before the bulls regain control. Historically, Nifty tends to stay under pressure until mid-June, followed by a bullish phase leading into mid-July. If we get more dips, I’ll be looking to accumulate quality mid-cap and small-cap stocks for potential short-term gains. S&P 500 Update The S&P 500 closed at 5,976, down just 25 points from the previous week. The index made a high of 6,059 and a low of 5,963, forming a bearish candle on the weekly chart. Watch These Levels If 5,963 breaks, expect further downside towards 5,899 and 5,875. On the flip side, a sustained move above 6,030 could ignite bullish momentum, targeting resistance zones at 6,090 and 6,142. Final Take – Bulls Gearing Up? The broader trend still favors bulls, especially if key support levels hold. Watch for a turnaround by mid-week—"Bulls may soon reclaim the throne!"
NSE:NIFTYLong
by ssudhirsharma11
Market Outlook – Nifty Near Critical Levels! Caution Advised Nifty Weekly Wrap-Up: The Nifty 50 index closed the week at 25,003, posting a solid gain of +250 points from last week's close. It touched a high of 25,029 and a low of 24,502 during the week. But here’s the twist—while the uptrend looks strong, we’re now at a crucial inflection point on the weekly chart. Technical Outlook – Is a Bearish “M” Pattern Forming? On the weekly timeframe, Nifty is at a level where a bearish M-pattern could potentially develop. To complete this pattern, the index could pull back towards support levels at: 24,414 24,200 24,000 If the selling deepens, the final support zone lies between 23,900–23,700, where a bounce-back is likely. Bullish Scenario – Can Nifty Break Out? If Nifty holds above 25,000 for at least 2 consecutive sessions, it could trigger a short-covering rally, paving the way for a move toward key resistance zones at: 25,400 25,565 26,100 Next Week’s Expected Range: 24,500 – 25,500 This range should see most of the action next week. If you're holding long positions, now is a great time to: ✔️ Lock in profits ✔️ Trail stop-losses ✔️ Prepare cash reserves for potential dip-buying opportunities Global Watch – S&P 500 Hits Key Resistance The S&P 500 closed near 6,000, up 100 points for the week. But heads up—it’s now testing a strong Fibonacci resistance at 6,013. A rejection here could lead to a correction toward 5,900–5,850, a dip of 1.5–2.5%. If this unfolds alongside a Nifty pullback, it would align perfectly with our support targets around 24,400–24,500. Final Takeaway: Markets are looking stretched. While momentum remains positive, profit booking at higher levels is essential. Don’t get caught unprepared in case of a reversal. Stay tactical, stay liquid. Smart money is already locking in gains. Are you?
NSE:NIFTY
by ssudhirsharma11
Weekly Market Wrap: Nifty & S&P 500 Outlook The Nifty closed the week at 24,853, down 166 points from the previous week's close. It traded within a range of 25,062 (high) and 24,462 (low) — perfectly aligning with our forecasted zone of 24,450 – 25,600. On the weekly chart, the index formed an inside candle pattern, signaling consolidation. Positives: Despite the dip, Nifty continues to hold above the critical support level of 23,800, keeping the medium-term bullish structure intact. Key Levels to Watch for Next Week: High/Low to mark: 25,116 – 24,378 Breakout above 25,116 can lead to tests of 25,329 and 25,500 (resistance zones). Breakdown below 24,378 could retest 23,800 and 23,600. A weekly close below 23,800 could spell trouble for bulls, opening doors for deeper correction towards 22,800 and 22,100. Trend Analysis: Monthly Timeframe: Bearish Daily Timeframe: Turned Bearish Weekly Timeframe: Still Bullish Conclusion: Stay cautious below 24,378 — volatility may rise if this level is breached. S&P 500 Weekly Snapshot: The S&P 500 ended the week at 5,802, down 156 points. Once again, it faced stiff resistance around the 5,980 mark — a historically significant level where the index began its downward move in March 2025. Geopolitical Impact: Markets remain jittery amid escalating global trade tensions and Trump’s tariff war, likely keeping volatility high over the next 2–3 weeks. Key Support Zones: Immediate support at 5,700 Close below 5,700 may trigger declines to 5,551, 5,458 (key Fibonacci support), and 5,392 Bullish Breakout Scenario: Sustained close above 6,000 is required to resume bullish momentum Upside targets: 6,013, 6,082, 6,147 (All-Time High), and potentially 6,225 Final Takeaway: Both Nifty and S&P 500 are at critical junctures. With technical patterns pointing to mixed signals and geopolitical events adding fuel to volatility, traders should stay alert and focus on key breakout and breakdown levels.
NSE:NIFTY
by ssudhirsharma11