Get started
Nifty 50 IndexNifty 50 IndexNifty 50 Index

Nifty 50 Index

No trades
See on Supercharts
OverviewNewsIdeasDiscussionsTechnicalsSeasonalsComponentsOptions

NIFTY trade ideas

Nifty Maintains Bullish Trend, Eyes Higher TargetsNifty Maintains Bullish Trend, Eyes Higher Targets The Nifty index continues to trade within a strong bullish market structure, characterized by higher highs and higher lows, indicating sustained upward momentum. The index is currently hovering near a crucial support level, which has historically acted as a springboard for further rallies. As long as this support holds, the overall trend remains firmly bullish, with expectations of another upward push in the coming sessions. On the higher side, the next key target for the Nifty is 25,600, a level that could attract profit-taking if reached but may also act as a psychological resistance. A decisive breakout above this zone could open the doors for even higher levels, reinforcing the bullish dominance. Traders should watch for follow-through buying momentum to confirm the continuation of the uptrend. On the downside, 24,500 is a critical support level that must hold to maintain the bullish structure. A dip towards this zone could present a buying opportunity, as long as the price does not close below it. A breach of this support, however, could signal a short-term correction or consolidation phase before the next directional move. Given the current technical setup, the bias remains in favor of the bulls, with dip-buying strategies likely to prevail. Traders should monitor price action around the key levels mentioned, as they will determine whether the uptrend extends or faces a temporary pause. Overall, the Nifty's bullish trend remains intact, with 25,600 as the next major target and 24,500 serving as a crucial support to watch.
NSE:NIFTYLong
by TraderAishDXB
Nifty Analysis for 01-09-2025Chart Breakdown: Current Price: ~24,426.85 (just below Previous Day Low). Key Levels: Immediate Resistance Zones (30-min OBs): 24,575 (PDH zone) 24,700–24,800 (stronger OB). Support Zones: Previous Day Low (PDL): 24,426 Discount Zone / FVG: 24,300 → 24,200 Major 30-min Bullish OB: ~24,000 Market Structure: Multiple BOS (Break of Structure) down moves → bearish structure confirmed. Price is trading below PDH & PDL, showing weakness. Next liquidity magnet = FVG 24,300–24,200. Interpretation Price is in a bearish order flow, creating lower highs and breaking lows. PDL already tested → weak support, risk of continuation down. FVG (24,300–24,200) is the natural downside target in the short term. 24,000 OB remains the most important demand zone for reversal. Scenarios Bearish Continuation (Most Likely Near Term): If 24,426 (PDL) breaks clean → quick slide into 24,300–24,200 FVG. If selling accelerates → test of 24,000 OB. Bullish Reversal Case: If 24,426 holds & market reclaims PDH (~24,575) → could trigger short covering. Targets: 24,700 → 24,800 OB. Only strong close above 24,800 negates bearish structure. Neutral/Range Case: If stuck between 24,426–24,575 → chop zone, liquidity building before big move. My Perspective Bias: Bearish to sideways, unless 24,575 is reclaimed. Expect FVG fill to 24,200 in the short run. 24,000 OB will decide whether bulls regain control or if deeper correction (23,600–23,200 gap) opens up. Suggested Trading Approach: Short-term shorts below 24,426 → target 24,300–24,200. Aggressive longs only from 24,000 OB with confirmation (candle reversal / demand reaction). Avoid longs in the middle zone (24,400–24,500) since structure favors sellers.
NSE:NIFTY
by Pavithran1313
NIFTY KEY LEVELS FOR 01.09.2025NIFTY KEY LEVELS FOR 01.09.2025 RTF: 3 Minutes If the candle stays above the pivot point, it is considered a bullish bias; if it remains below, it indicates a bearish bias. Price may reverse near Resistance 1 or Support 1. If it moves further, the next potential reversal zone is near Resistance 2 or Support 2. If these levels are also broken, we can expect the trend. If the range(R2-S2) is narrow, the market may become volatile or trend strongly. If the range is wide, the market is more likely to remain sideways 📢 Disclaimer I am not a SEBI-registered financial adviser. The information, views, and ideas shared here are purely for educational and informational purposes only. They are not intended as investment advice or a recommendation to buy, sell, or hold any financial instruments. Please consult with your SEBI-registered financial advisor before making any trading or investment decisions. Trading and investing in the stock market involves risk, and you should do your own research and analysis. You are solely responsible for any decisions made based on this research.
NSE:NIFTY
by AATHIE
NIFTY50..... No news to report!Hello Traders, the NIFTY50 has closed the week with a loss of 443.25 points, or 1.78%! It dropped back into the sky blue rectangle I have drew at chart. Please note that I have left the forecast arrow unchanged. Chart analysis: In my view, is a drop into the retracements to favor. If the low of 24317.55 will be undercut, the door would be open to ~24K area! Short term, a drop to around 24260 range would be possible, before a wave iv could start. But this is not for sure! My personal argument is following. Before a "sell-off" hasn't occurred, the downtrend is valid. It needs a gap-down or a dramatic "sell-off" in the coming days/weeks to end this correction. As I told before: The longer a correction takes to happen, the more severe it will be. That is exactly what we are experiencing now! While it takes an advance move above the 24991 area to start a new impulsive structure, this is not something that I would wait for. Seasonally the time is "textbook-like" for a corrective phase off the year and this is what I speculate on! Ok, the Investors who only trade n a "daily-close" basis should sell their stocks/option on Monday! After they did, a countertrend move to the upside could be possible. After, a decline again is in the cards. This is the "game" big money is playing right now! So, be prepared for the unexpected and wait for clear structures and the chance to fill the Christmas money box! That's it for the weekend. There probably will be no forecast at the coming weekend, 'cause of a short trip for some days. I am offline! Have a great week..... Ruebennase Please ask or comment as appropriate. Trade on this analysis at your own risk.
NSE:NIFTY
by ruebennase
2
Nifty 50 Intraday Strategy 1 Sept., 2025 — Key Levels to WatchNSE:NIFTY The Nifty 50 Index has shown a narrow recovery after testing support levels, and several key levels are providing actionable insights for intraday traders based on the chart. Nifty 50 Intraday Strategy — Key Levels to Watch Nifty 50 is currently resisting downside momentum and holding above the Zero Line at 24,427. Bulls should closely monitor the following critical levels for directional bias and trade setup: Bullish Scenario Long Entry Zone: Watch for strength above 24,508—this is a key breakout level for upward momentum. Add Longs: Momentum confirmation can come above 24,489. If Nifty sustains above here, look for targets at 24,531 (Long Tgt 1) and 24,595 (Long Tgt 2). Long Exit Level: Book profits or trail stops at 24,452 to lock in gains if the move loses steam. Bearish Scenario Short Entry Zone: Breakdown below 24,469 signals weakness. Aggressive traders can consider shorts here with targets at 24,323 (Short Tgt 1) and further down to 24,259 (Short Tgt 2). Short Exit: A reversal above 24,525 should be a stop for short trades. Neutral/Balanced Zone The zone between 24,427 (Zero Line) and 24,452 is a no-trade/consolidation area—wait for a clear breakout or breakdown before taking a position. Trade with discipline: Always use proper position sizing and respect stop levels as marked. Today’s price actions around these levels can offer both intraday breakout and reversal opportunities for active traders.
NSE:NIFTY
by ChartPathik
Nifty Ends August in Pain: Can September Spark a Turnaround?Nifty slipped nearly 1.8% in the last week of August as global headwinds and US-India tariff concerns weighed on sentiment. Selling was broad-based, with Banking and Financials dragging the index down the most. The index currently trades just above 24,400, a crucial support level. Open interest data indicates that the 24,400–24,300 zone may provide short-term support, while the 25,500–25,600 zone remains significant resistance due to heavy call writing. A decisive break below 24,300 could quickly push the index toward 24,000. Amid the weakness, a silver lining emerges — India’s strong 7.8% GDP growth, the highest in five quarters and well above expectations, may help cushion further downside. Looking ahead, Monday’s open will set the tone for September—a gap-up above 25,500 could spark a rebound, while staying below may keep Nifty under pressure.
NSE:NIFTYLong
by GoodluckCapital
1
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 Analysis EOD – August 29, 2025 – Friday🟢 Nifty Analysis EOD – August 29, 2025 – Friday 🔴 Failed bounce, sellers strike back at higher levels 🗞 Nifty Summary Nifty opened with a GapDown of 66 points but immediately started moving up with an OL formation (Open = Low at 24,466.60) — a sign of bullish intent. The first 5-min range of 98 points set the IB (Initial Balance), marking Day Low = Open and Day High = 24,564.35. Throughout the session, the index attempted multiple IB breakouts but they all turned into false moves until 2:30 PM, when Nifty finally broke down IB Low and tested 24,400 zone before closing weak at 24,426.85 (−74.05 / −0.30%). This structure suggests bears are still in control, though signs of base-building are emerging. 🛡 5 Min Intraday Chart with Levels 📝 Intraday Walk GapDown start, but immediate OL formation = bullish sentiment Quick gap-filling attempt, but resistance capped upside near 24,564 Multiple failed IB breakouts (both sides) = choppy action Post 2:30 PM → decisive IB Low breakdown toward 24,400 Weak close at 24,426, below the midpoint of the day 📉 Daily Time Frame Chart with Intraday Levels 🕯 Daily Candle Breakdown Open: 24,466.70 High: 24,572.45 Low: 24,404.70 Close: 24,426.85 Change: −74.05 (−0.30%) 🏗️ Structure Breakdown Upper Wick (~105 pts): strong selling rejection at higher levels Lower Wick (~22 pts): weak buyer defense near lows Body (39.85 pts): indecisive but bearish bias 🕯Candle Type Rejection-style red candle with small body and long upper wick. 📚 Interpretation Early rebound attempt failed. Close well below midpoint = sellers retain control. Candle resembles a Shooting Star (bearish context) → signals supply pressure at higher levels. 🛡 5 Min Intraday Chart ⚔️ Gladiator Strategy Update ATR: 201.12 IB Range: 97.75 → Medium Market Structure: Balanced Trade Highlights: No trade signal triggered 📌 Support & Resistance Levels Resistance Zones: 24,585 ~ 24,600 24,675 ~ 24,695 24,745 Support Zones: 24,665 ~ 24,650 24,365 ~ 24,335 🔮 What’s Next? / Bias Direction If 24,400 holds, short-term base formation could play out. If 24,400 breaks, expect further downside toward 24,250. Bias → Bearish continuation unless 24,600 is decisively reclaimed. 💭 Final Thoughts “Markets don’t reverse in a single day – they build a base. Respect the levels, not the noise.” ✏️ Disclaimer This is just my personal viewpoint. Always consult your financial advisor before taking any action.
NSE:NIFTY
by kzatakia
Technical Analysis Report for the NIFTY 50 INDEX.# NIFTY 50 Technical Analysis: Comprehensive Multi-Timeframe Trading Strategy Executive Summary Current Price: 24,433.65 (August 29, 2025, 1:5 PM UTC+4) Market Sentiment: Cautiously Bullish with Consolidation Bias Primary Trend: Uptrend with potential for continued advancement Key Resistance: 25,000 (psychological level and technical confluence) The NIFTY 50 continues to demonstrate resilience in the face of global uncertainties, maintaining its position above key support levels while approaching significant psychological resistance. The index benefits from accommodative monetary policy with the RBI's recent rate cuts and strong domestic fundamentals, though valuations warrant selective positioning. Market Context & Fundamental Backdrop Monetary Policy Environment The Reserve Bank of India has cut its repo rate by 0.25%, which now stands at 6.25%, marking a significant shift in policy stance. Markets expect the RBI may implement one more 25-bps rate cut in August 2025, especially ahead of the festive season which historically shows multiplier effects on consumer demand. Economic Fundamentals India's GDP expanded 7.80 percent in the second quarter of 2025 over the same quarter of the previous year, demonstrating robust economic growth. The RBI expects real GDP to grow 6.5% in FY 2025-26, supported by strong domestic demand and government capital expenditures. Inflation and Growth Balance Headline inflation in India is expected to average 4.2% year-on-year in the 2025 calendar year, with food inflation at 4.6% — much lower than estimates of 7%-plus for 2024, thanks to adequate rainfall and good sowing. Earnings Outlook Consensus expects 11-12% earnings growth for the Nifty 50 in FY26, with the index trading below 20x price-earnings on FY26 estimates, suggesting reasonable valuations at current levels. Technical Analysis Framework Japanese Candlestick Analysis Weekly Pattern: Spinning top formation indicating indecision at current levels Daily Pattern: Small-bodied candles with narrow ranges suggesting consolidation Intraday Patterns: Hammer and doji formations prevalent in 1H and 4H timeframes Volume Confirmation: Average volume during consolidation phase Elliott Wave Analysis Primary Wave Count: Major Degree: Wave 5 of larger bull market cycle potentially in progress Intermediate Degree: Subwave 3 of 5 showing extension characteristics Minor Degree: Currently in subwave 4 correction of intermediate wave 3 Alternative Count: Complex correction (WXY) completion targeting 25,200-25,500 Critical Support: Wave 4 support at 23,800-24,000 maintains bullish structure Harmonic Pattern Analysis Active Patterns: Bullish Gartley: Potential completion zone at 23,950-24,100 ABCD Pattern: Current formation targeting 24,800-25,000 Potential Cypher: Formation developing with D point near 25,100 Fibonacci Analysis: - 50% retracement of major swing: 24,200 - 38.2% retracement: 24,500 (current consolidation area) - 1.618 extension target: 24,900-25,000 Wyckoff Method Analysis Phase Assessment: Accumulation Phase C - Testing supply Characteristics: - Volume patterns showing accumulation on weakness - Price holding above composite operator accumulation zone - Sign of Strength (SOS) evident on recent advances Distribution Risk: Monitor for climactic volume above 25,000 W.D. Gann Technical Analysis # Square of 9 Application Current Position: 24,433.65 = 156.31° on the Gann wheel Key Resistance Levels: - 24,481 (156.5°) - immediate minor resistance - 24,649 (157°) - intermediate resistance - 25,000 (158.11°) - major psychological and geometric resistance Support Levels: - 24,336 (156°) - immediate support - 24,025 (155°) - strong support zone - 23,716 (154°) - major support level # Time Theory Application Critical Time Windows: - September 9-12: 45-degree time angle from recent high - September 23: Autumn equinox - natural market turning point - October 8-15: 90-degree time cycle completion # Price and Time Squaring Square Root Analysis: √24,433.65 = 156.31 Next Square Levels: - 157² = 24,649 (key resistance) - 158² = 24,964 (approaching 25,000) - 160² = 25,600 (extended target) Ichimoku Kinko Hyo Analysis Cloud Configuration: Tenkan-sen (9): 24,445 - Price slightly below, neutral Kijun-sen (26): 24,380 - Price above, mild bullish bias Senkou Span A: 24,412 (cloud top) Senkou Span B: 24,100 (cloud bottom) Assessment: Price trading within cloud, indicating consolidation phase with neutral bias pending breakout direction. Multi-Timeframe Technical Indicator Analysis 5-Minute Chart (Scalping Focus) RSI(14): 49.2 - Neutral territory with no momentum bias VWAP: 24,428 - Price oscillating around VWAP Bollinger Bands: Middle band at 24,430, bands contracting (low volatility period) Moving Averages: EMA(20) = 24,435, SMA(20) = 24,440 15-Minute Chart (Scalping Focus) MACD: Near zero line, histogram flat - no clear momentum Stochastic(14,3,3): 52.1 in neutral zone Williams %R: -48% indicating no extreme conditions Volume: Below average, typical for consolidation Key Intraday Levels: Resistance: 24,460, 24,490, 24,520 Support: 24,400, 24,370, 24,340 1-Hour Chart (Day Trading) RSI(14): 54.3 - Slight bullish bias but not overbought VWAP: 24,415 providing dynamic support ADX(14): 22.1 indicating weak trend strength (consolidation) Volume Profile: High volume node at 24,380-24,450 Trading Range: Upper Boundary: 24,520-24,550 Lower Boundary: 24,320-24,350 Breakout Levels: Above 24,580 (bullish) / Below 24,280 (bearish) 4-Hour Chart (Swing Trading) RSI(14): 57.8 showing mild bullish momentum MACD: Positive but flattening, momentum slowing Bollinger Bands: Price near middle band, bands parallel (range-bound) Moving Averages: All short-term MAs converging around current price Swing Levels: Primary Resistance: 24,650-24,700 Secondary Resistance: 24,900-25,000 Primary Support: 24,200-24,250 Secondary Support: 24,000-24,050 Daily Chart (Position Trading) RSI(14): 59.4 in bullish territory but not extreme MACD: Positive with slight bullish divergence Volume: Consolidation pattern with below-average volume Pattern: Symmetrical triangle formation approaching apex Key Daily Levels: Triangle Resistance: 24,700-24,750 (declining) Triangle Support: 24,150-24,200 (rising) Breakout Targets: 25,200 (upside) / 23,600 (downside) Weekly Chart (Long-term Analysis) RSI(14): 63.2 showing healthy bullish momentum MACD: Positive momentum but rate of change slowing Long-term Trend: Intact uptrend since March 2020 low Major Resistance: 25,000-25,200 zone Monthly Chart (Strategic Perspective) RSI(14): 68.1 approaching overbought levels Long-term Pattern: Multi-year ascending triangle completion Major Support: 22,000-22,500 zone Extended Targets: 26,000-27,000 on sustained breakout Comprehensive Support and Resistance Analysis Primary Support Zones 1. 24,380-24,420: Kijun-sen and VWAP confluence zone 2. 24,320-24,350: Previous consolidation low and volume support 3. 24,200-24,250: 50% Fibonacci retracement and psychological level 4. 24,100-24,150: Cloud bottom and structural support 5. 24,000-24,050: Major psychological level and trend line support 6. 23,800-23,900: Elliott Wave 4 support and major trend line 7. 23,600-23,700: Extended support and breakout failure target Primary Resistance Zones 1. 24,460-24,490: Immediate intraday resistance 2. 24,520-24,580: Short-term resistance and breakout level 3. 24,650-24,700: Triangle resistance and swing high 4. 24,850-24,900: Intermediate resistance zone 5. 24,950-25,000: Major psychological resistance and Square of 9 6. 25,100-25,200: Extended targets and measured moves 7. 25,500-25,800: Long-term bull market targets Weekly Trading Strategy (September 2-6, 2025) Monday, September 2, 2025 Market Environment: Post-weekend consolidation, range-bound expected Primary Strategy: Range trading within established boundaries Volatility: Low to moderate, typical Monday characteristics Intraday Setup: Range: 24,380-24,480 Long Entry: 24,390-24,410 - Stop Loss: 24,360 - Target 1: 24,450 (1:1.5 R/R) - Target 2: 24,480 (1:2.5 R/R) Short Entry: 24,470-24,490 - Stop Loss: 24,520 - Target 1: 24,430 (1:1.5 R/R) - Target 2: 24,400 (1:2.5 R/R) Swing Consideration: Monitor for breakout preparation above 24,500 Tuesday, September 3, 2025 Market Environment: Increased activity expected, potential trending day Primary Strategy: Momentum trading with breakout preparation Key Focus: Volume analysis for sustained directional moves Trading Scenarios: Bullish Breakout: Above 24,520 with volume - Entry: 24,530-24,550 - Stop: 24,480 - Targets: 24,600, 24,650, 24,700 Bearish Breakdown: Below 24,360 with volume - Entry: 24,350-24,330 - Stop: 24,390 - Targets: 24,280, 24,250, 24,200 Risk Management: Reduce position size by 25% on breakout trades Wednesday, September 4, 2025 Market Environment: Mid-week volatility, economic data focus Primary Strategy: News-driven trading with technical confirmation Event Risk: Monitor for any economic announcements Scalping Strategy: High-Frequency Range: 24,400-24,460 Long Scalps: 24,405-24,415, Target: 24,445-24,455 Short Scalps: 24,450-24,460, Target: 24,415-24,425 Stop Loss: Maximum 20 points for scalp trades Swing Setup: Prepare for potential triangle breakout Thursday, September 5, 2025 Market Environment: Potential high-volatility day Primary Strategy: Breakout trading with strong risk management Focus: Triangle resolution expected Triangle Breakout Strategy: Upside Breakout: Above 24,580 - Confirmation: Volume > 1.3x average - Initial Target: 24,700 - Extended Target: 24,850-24,900 Downside Breakdown: Below 24,280 - Confirmation: Volume > 1.2x average - Initial Target: 24,150 - Extended Target: 24,000-24,050 Position Management: Trail stops after 50% of target achieved Friday, September 6, 2025 Market Environment: Weekly settlement, profit-taking likely Primary Strategy: End-of-week positioning and profit-taking Focus: Weekly close levels for next week setup Settlement Strategy: Bullish Close: Above 24,500 supports next week advance Neutral Close: 24,350-24,500 maintains consolidation Bearish Close: Below 24,350 suggests correction risk Day Trading Approach: Morning: Follow Thursday's direction initially Afternoon: Expect consolidation and position adjustments Last Hour: Avoid large new positions Risk Management Framework Position Sizing Guidelines Risk Per Trade by Timeframe: 5M Scalping: 0.25-0.5% of capital 15M Scalping: 0.5-0.75% of capital 1H Day Trading: 1-1.5% of capital 4H Swing Trading: 1.5-2% of capital Daily Position Trading: 2-2.5% of capital Stop Loss Framework Timeframe-Specific Stops: 5-Minute: 15-25 points maximum 15-Minute: 25-40 points maximum 1-Hour: 40-60 points maximum 4-Hour: 80-120 points maximum Daily: 150-250 points maximum Profit-Taking Strategy Systematic Approach: Target 1 (40%): 1:1 Risk/Reward Target 2 (35%): 1:2 Risk/Reward Target 3 (25%): 1:3+ Risk/Reward Trailing Stops: Activate after Target 1 Maximum Drawdown Limits Daily Loss Limit: 3% of trading capital Weekly Loss Limit: 7% of trading capital Monthly Loss Limit: 15% of trading capital Geopolitical and Economic Risk Assessment Domestic Risk Factors Monetary Policy: - RBI rate cut cycle supporting liquidity - Inflation targeting maintaining credibility - Banking system stability considerations Fiscal Policy: - Government capex supporting growth - Festive season spending boost expected - Budget allocation efficiency focus Corporate Earnings: - Q2 FY26 earnings season approaching - Margin pressure from input costs - Sectoral rotation opportunities Global Risk Factors US Federal Reserve Policy: - Rate cut expectations supporting EM flows - Dollar weakness benefiting Indian markets - Global liquidity conditions favorable China Economic Impact: - Trade relationship developments - Commodity price implications - Regional growth spillover effects Geopolitical Considerations: - Regional security stability - Energy security and pricing - Trade policy developments Sector-Specific Risks Banking & Financial Services: - Credit growth sustainability - NPA cycle management - Interest rate sensitivity Information Technology: - Global demand patterns - Currency hedging strategies - AI and automation impact Consumer Discretionary: - Rural demand recovery - Festive season performance - Inflation impact on spending Sectoral Analysis and Rotation Themes Outperforming Sectors 1. Banking & Financial Services: Rate cut cycle benefits 2. FMCG: Festive season demand and rural recovery 3. Infrastructure: Government capex and policy support 4. Pharmaceuticals: Export competitiveness and domestic growth Underperforming Sectors 1. Information Technology: Global demand concerns 2. Metals & Mining: Commodity price volatility 3. Real Estate: Interest rate sensitivity despite cuts 4. Telecommunications: Competitive pressure and capex burden Rotation Indicators Growth vs Value: Favoring quality growth at reasonable prices Large Cap vs Mid/Small Cap: Large cap leadership maintained Domestic vs Export: Domestic consumption themes outperforming Advanced Technical Patterns Ichimoku Trading Signals Current Setup: Price within cloud, neutral bias Bullish Trigger: Break above Tenkan-sen with volume Bearish Trigger: Break below cloud with momentum Long-term View: Future cloud remains bullish Gann-Based Strategies Square of 9 Trades: - Long: 155° (24,025) targeting 158° (24,964) - Short: 158° (24,964) targeting 155° (24,025) - Time Cycles: September 9-12 reversal window Wyckoff Phase Trading Current Phase: Accumulation Phase C Next Phase: Markup expected on successful test Volume Confirmation: Key for phase transition Distribution Risk: Monitor above 25,200 Market Microstructure Analysis Algorithmic Trading Impact High-Activity Zones: 24,000, 24,500, 25,000 levels Optimal Entry Times: 9:15-9:45 and 14:30-15:15 IST Liquidity Patterns: Reduced depth during lunch hours Order Flow Considerations Institutional Activity: Accumulation evident below 24,400 FII Flows: Recent buying supporting current levels DII Participation: Consistent buying on weakness Technology and Tools Integration Recommended Platforms 1. TradingView: Advanced charting and technical analysis 2. Zerodha Kite: Real-time execution and portfolio management 3. Bloomberg Terminal: Comprehensive market data and news 4. Refinitiv Workspace: Fundamental analysis integration Alert Configuration Price Alerts: - Triangle breakout: 24,580 (up) / 24,280 (down) - Psychological levels: 24,500, 25,000 - Support/resistance: 24,200, 24,700 Volume Alerts: - Unusual volume spikes (>150% average) - Block deal notifications - Institutional flow changes Seasonal and Calendar Considerations Festive Season Impact Indian markets are entering the 4-month-long festive season from September, which historically shows positive performance. This period typically sees: - Increased consumer spending - Corporate bonus distributions - Portfolio rebalancing by institutions - Higher retail participation Economic Calendar Key Events: - RBI Monetary Policy (likely September 17) - Q2 FY26 GDP data (October/November) - Inflation data (monthly releases) - FII/DII flow data (weekly) Holiday Calendar - Ganesh Chaturthi (September 7) - Market closed - Dussehra (October 12) - Market closed - Diwali (November 1) - Market closed - Guru Nanak Jayanti (November 15) - Market closed Conclusion and Strategic Outlook The NIFTY 50 stands at a critical juncture, consolidating near significant resistance levels while benefiting from supportive monetary and fiscal policies. The technical picture suggests a healthy consolidation phase that could resolve in favor of further upside, particularly given the approaching festive season and improving economic fundamentals. Key Investment Themes: 1. Triangle Resolution: Current consolidation likely to resolve with directional clarity 2. Festive Season Tailwinds: Historical patterns favor bullish bias into year-end 3. Rate Cut Benefits: Lower rates supporting equity valuations and credit growth 4. Earnings Growth: Expected double-digit growth supporting index advancement Trading Strategy Priorities: - Focus on triangle breakout trades with volume confirmation - Favor range trading until clear directional break - Maintain disciplined risk management given elevated levels - Prepare for increased volatility around key events Medium-term Outlook (1-3 months): The combination of accommodative monetary policy, strong GDP growth, controlled inflation, and seasonal tailwinds provides a constructive backdrop for Indian equities. Technical analysis suggests potential for advancement toward 25,500-26,000 on sustained breakout above current resistance. Risk Management Focus: - Triangle breakdown below 24,280 could target 24,000-23,800 - Global risk-off sentiment remains key external risk - Valuation concerns at higher levels warrant selectivity - Currency stability important for FII flow continuation The analysis incorporates multiple technical methodologies while acknowledging the strong fundamental backdrop supporting Indian markets. Traders should remain flexible and prepared for both continuation and reversal scenarios while maintaining strict adherence to risk management protocols. --- *This comprehensive analysis combines technical and fundamental factors to provide actionable trading strategies. All recommendations should be implemented within individual risk tolerance parameters and current market conditions. Market dynamics can change rapidly, requiring continuous monitoring and strategy adjustments.*
NSE:NIFTY
by sunya
Currency Derivatives in International MarketsIntroduction Global trade, cross-border investments, and multinational business operations depend heavily on currencies. Whenever goods, services, or capital cross borders, transactions often involve exchanging one currency for another. Because exchange rates constantly fluctuate, this creates both risks and opportunities for businesses, investors, and traders. To manage these risks or speculate on currency movements, international financial markets provide a sophisticated set of instruments known as currency derivatives. Currency derivatives are financial contracts whose value is derived from the exchange rate of two currencies. For example, a contract tied to USD/INR, EUR/USD, or JPY/CNY is a currency derivative. These instruments enable market participants to hedge against foreign exchange (forex) volatility, arbitrage between markets, or speculate on price trends. This article will provide a comprehensive exploration of currency derivatives in international markets, covering their types, mechanisms, uses, risks, regulatory aspects, and global market trends. 1. The Need for Currency Derivatives 1.1 Exchange Rate Volatility Currencies fluctuate due to factors like interest rate changes, inflation, trade balances, geopolitical events, and capital flows. For instance, when the US Federal Reserve raises interest rates, the US dollar typically strengthens, impacting emerging market currencies. A European exporter selling machinery to India and receiving payment in Indian Rupees (INR) faces the risk that the INR might depreciate against the Euro before payment, reducing profit margins. Currency derivatives help hedge such risks. 1.2 Globalization and Trade With the rise of global supply chains, companies constantly deal with multiple currencies. Currency risk can materially impact revenues and costs. Derivatives are necessary tools for financial planning, pricing, and budgeting. 1.3 Capital Flows and Investments Portfolio investors and institutional funds investing abroad face currency exposure. For instance, a US-based investor holding Japanese equities will see returns influenced not only by the performance of Japanese stocks but also by the movement of USD/JPY. 1.4 Speculation and Arbitrage Not all currency derivative participants are hedgers. Many are speculators (betting on movements for profit) or arbitrageurs (exploiting price inefficiencies across markets). This mix ensures liquidity and efficient pricing in derivative markets. 2. Types of Currency Derivatives Currency derivatives exist in both over-the-counter (OTC) and exchange-traded markets. The most common types are: 2.1 Currency Forwards A forward contract is a private agreement between two parties to exchange a fixed amount of one currency for another at a predetermined exchange rate on a future date. OTC product: Customized in terms of amount, maturity, and settlement. Commonly used by corporations for hedging. Example: An Indian company expects to pay $1 million to a US supplier in 3 months. It enters a forward contract to lock the USD/INR rate at 84.50, ensuring certainty regardless of market fluctuations. 2.2 Currency Futures Futures are standardized contracts traded on organized exchanges, obligating the buyer and seller to exchange currencies at a specific price and date. Exchange-traded: Offers liquidity, transparency, and margin requirements. Example: An investor on the CME (Chicago Mercantile Exchange) may buy a Euro futures contract against the USD, betting on Euro appreciation. 2.3 Currency Options Options give the right (but not the obligation) to buy (call) or sell (put) a currency at a specified strike price before or at maturity. Useful for hedgers who want downside protection but retain upside potential. Example: A US importer buying goods from Japan may purchase a call option on USD/JPY to guard against Yen appreciation. 2.4 Currency Swaps A currency swap involves exchanging principal and interest payments in one currency for those in another, often for long durations. Used by corporations and governments to secure cheaper debt or match cash flows. Example: A European company needing USD may swap its Euro-based loan obligations with a US company holding dollar liabilities. 2.5 Exotic Currency Derivatives Beyond plain vanilla products, international markets also use structured derivatives: Barrier options (knock-in, knock-out) Basket options (linked to multiple currencies) Quanto derivatives (currency-linked but settled in another currency) These instruments cater to advanced hedging and speculative needs. 3. Mechanism of Currency Derivatives Trading 3.1 Pricing and Valuation Forward Rate = Spot Rate × (1 + Interest Rate of Domestic Currency) / (1 + Interest Rate of Foreign Currency) Futures prices are influenced by forward rates, interest rate parity, and market demand-supply. Options pricing uses models like Black-Scholes or Garman-Kohlhagen (an extension for forex options). 3.2 Clearing and Settlement Exchange-traded derivatives use central counterparties (CCPs) to guarantee settlement. OTC derivatives often settle bilaterally, though post-2008 reforms require central clearing for many contracts. 3.3 Participants Hedgers: Exporters, importers, MNCs, institutional investors. Speculators: Traders betting on short-term price swings. Arbitrageurs: Exploit mispricing between spot, forward, and derivative markets. 4. Role of Currency Derivatives in Risk Management 4.1 Corporate Hedging Companies hedge to reduce earnings volatility. For example, Apple Inc. uses currency forwards and options to manage exposure to sales in Europe and Asia. 4.2 Portfolio Diversification Fund managers hedge international portfolios to ensure returns are not eroded by currency losses. 4.3 Central Bank Intervention Some central banks use derivatives indirectly to manage currency volatility without outright market intervention. 5. Risks in Currency Derivatives While derivatives mitigate risk, they carry their own risks: Market Risk – Adverse movements in exchange rates. Credit Risk – Counterparty default in OTC forwards/swaps. Liquidity Risk – Difficulty in exiting contracts, especially in exotic currencies. Operational Risk – Errors in execution, valuation, or reporting. Systemic Risk – Excessive derivative speculation (as seen in 2008 crisis) can amplify global financial instability. 6. Regulatory Framework in International Markets US: Commodity Futures Trading Commission (CFTC) regulates currency futures/options. Europe: European Securities and Markets Authority (ESMA) oversees derivatives under EMIR (European Market Infrastructure Regulation). Asia: Singapore (SGX), Hong Kong (HKEX), India (SEBI) have their own frameworks. Global: Bank for International Settlements (BIS) coordinates reporting and risk control. Post-2008, G20 reforms emphasized: Mandatory central clearing of standardized OTC contracts. Reporting of derivatives trades to trade repositories. Higher capital requirements for banks dealing in derivatives. 7. Major International Markets for Currency Derivatives 7.1 Chicago Mercantile Exchange (CME) World’s largest market for currency futures and options (USD, Euro, Yen, GBP, CAD, etc.). 7.2 London Global hub for OTC forex and currency swaps due to deep liquidity and time-zone advantages. 7.3 Asia-Pacific Singapore Exchange (SGX): Growing hub for Asian currency derivatives. India’s NSE/BSE: Offers USD/INR, EUR/INR, GBP/INR contracts. China: Restricted but gradually opening with RMB futures and offshore CNH markets. 7.4 Emerging Markets Increasing participation as trade volumes grow (e.g., Brazil, South Africa). 8. Case Studies Case Study 1: Indian IT Companies Infosys and TCS earn over 70% of revenue in USD/EUR but report in INR. To stabilize earnings, they actively use currency forwards and options. Case Study 2: European Sovereign Debt During the Eurozone crisis (2010–2012), several governments used swaps to manage currency-linked borrowings, highlighting both utility and hidden risks of derivatives. Case Study 3: Hedge Fund Speculation George Soros’ famous bet against the British Pound in 1992 (Black Wednesday) used massive currency derivative positions, forcing the UK out of the ERM (Exchange Rate Mechanism). 9. Current and Future Trends in Currency Derivatives Rising Use in Emerging Markets: As Asia, Africa, and Latin America expand global trade. Digital Platforms: Algorithmic and high-frequency trading dominate currency futures/options. Clearing Reforms: Push for greater transparency in OTC markets. Crypto and Digital Currencies: Bitcoin futures/options and central bank digital currencies (CBDCs) are reshaping forex risk management. Geopolitical Tensions: Currency derivatives are increasingly used to hedge risks from wars, sanctions, and supply-chain disruptions. ESG-linked derivatives: Growing alignment with sustainable finance trends. 10. Advantages and Criticisms Advantages: Hedging reduces business uncertainty. Enhances global trade and investment flows. Provides liquidity and efficient price discovery. Criticisms: Over-speculation can destabilize economies. Complex derivatives can hide risks (as seen in 2008 crisis). Dependence on clearing houses may concentrate systemic risks. Conclusion Currency derivatives are the backbone of modern international financial markets, enabling businesses, investors, and governments to manage risks associated with exchange rate fluctuations. They enhance global trade, promote investment flows, and ensure efficient allocation of capital. However, they are double-edged swords. When used responsibly, they stabilize earnings, reduce volatility, and promote growth. But when misused, they can fuel financial crises. As globalization deepens and financial technology advances, currency derivatives will only grow in importance. Regulators, corporations, and investors must balance innovation, risk management, and systemic stability to ensure that these instruments continue to support — rather than destabilize — the global economy.
NSE:NIFTYEducation
by GlobalWolfStreet
NIFTY Technical Analysis (Aug 29, 2025)Current Structure The chart highlights a 3-Drive bullish reversal pattern forming at the bottom. This pattern generally suggests exhaustion in the downtrend and potential for an upside reversal. Market may pause/consolidate at current levels before resuming upward movement. Key Levels Immediate Support: ~24,350 – 24,380 zone (base of the 3rd drive). Upside Resistance Zones: 24,750 – 24,800: First potential hurdle. 24,900 – 24,950: Next target where sellers may appear. Breakout Confirmation: Sustained move above 24,950 may open doors toward 25,200 – 25,250. Short-Term Expectation Market could halt here (as your chart notes), consolidate, and then attempt an upside push. First rally target: 24,750 – 24,800 zone. If momentum sustains, second leg toward 24,900 – 25,000 zone possible. Risk Factors Failure below 24,300 will invalidate the 3-Drive bullish structure and may drag NIFTY toward 24,000 – 23,900 zone. Global cues and option positioning (OI data) should be tracked closely for confirmation. ✅ Conclusion Bias: Short-term bullish reversal expected. Strategy: Look for long opportunities on dips with tight stop-loss below 24,300. Targets: 24,750 → 24,900 → 25,200 (progressive). ⚠️ Disclaimer This analysis is for educational purposes only and should not be considered investment advice. Trading in stock markets involves risk, including loss of capital. Please consult with your financial advisor before making trading decisions.
NSE:NIFTYShort
by shiva560060
Detailed analysis of consolidation and growth phases in Nifty. Look at the chart of Nifty carefully. The Circles C1, C2, C3 and C4 show the consolidation phases of Nifty in last 125 Months each time after it makes a new high. Th period between the circles is the growth phase. We will study it carefully and try to derive the conclusions thereoff. To the onset let me tell you that stock market investment are subject to Macro and Micro risks. It is not necessary that the lightning will strike twice at the same spot. But we will use this data and try to measure the statistical possibility of growth and rate at which our investments can grow. First let us look at Consolidation Phase C1 phase and growth phase that happened thereafter: C1 Starts in March 2015 when Nifty made a high of 9119. Post that it consolidated for 24 months and came out of consolidation when it gave a closing above previous high in March 2017 when Nifty closed at 9173. Growth Phase 1 (34 Months) . When Nifty has given a closing above previous high it embarks the journey of growth. It might momentarily go below the past high in some cases but we still consider that whole phase as a growth phase for better understanding and calculation purpose. The next high that Nifty makes is 12430 in January 2020. Calculations: C1 and Growth Phase 1. So the actual growth achieved = (12430-9191) = 3311. Which was a 36.3% growth achieved in a Bull Run that lasted 34 months. Which equates to roughly 1.06% Growth per month during the Bull Phase. If you look at the cumulative growth (34 months of bull run + 24 months of consolidation period = 58 months) we get 36.3/58 = 0.62% Growth per month. (During the whole Bull and Bear/Consolidation cycle). Now let us look at Consolidation Phase C2 phase and growth phase that happened thereafter: C2 Starts in January 2020 when Nifty made a high of 12430. Post that it consolidated for 10 months and came out of consolidation when it gave a closing above previous high in November 2020 when Nifty closed at 12968. Growth Phase 2 (11 Months) . When Nifty has given a closing above previous high it embarks the journey of growth. It might momentarily go below the past high in some cases but we still consider that whole phase as a growth phase for better understanding and calculation purpose. The next high that Nifty makes is 18604 in October 21. Calculations: C2 and Growth Phase 2 So the actual growth achieved = (18604-12430) = 6174. Which was a 49.67% growth achieved in a Bull Run that lasted 11 months. Which equates to roughly 4.5% Growth per month during the Bull Phase. If you look at the cumulative growth (11 months of bull run + 10 months of consolidation period = 21 months) we get 49.67/21 = 2.37% Growth per month. (During the whole Bull and Bear/Consolidation cycle). Now let us look at Consolidation Phase C3 phase and growth phase that happened thereafter: C3 Starts in October 2021 when Nifty made a high of 18604. Post that it consolidated for 13 months and came out of consolidation when it gave a closing above previous high in November 2022 when Nifty closed at 18758. Growth Phase 3 (22 Months). When Nifty has given a closing above previous high it embarks the journey of growth. It might momentarily go below the past high in some cases but we still consider that whole phase as a growth phase for better understanding and calculation purpose. The next high that Nifty makes is 26277 in September 2024. Calculations: C3 and Growth Phase 3. So the actual growth achieved = (26277-18604) = 7673. Which was a 41.2% growth achieved in a Bull Run that lasted 22 months. Which equates to roughly 1.87% Growth per month during the Bull phase. If you look at the cumulative growth (22 months of bull run + 13 months of consolidation period = 35 months) we get 41.2/35 = 1.17% Growth per month. (During the whole Bull and Bear/Consolidation cycle). Right Now we are in C4 which is the consolidation phase which started in September 2024. Next trading day is in September 2025 so we have almost completed 12 months of consolidation phase. When exactly this phase will be over we can not say but let us look at statistical possibility: (Again let me retrate performance of past can not guarantee performance of future but let us see what statistics has to say). If we look at data from C1, C2 and C3: Average Consolidation phase length has been 24 (C1) + 10 (C2) + 13 (C3)= 15.6 Months (Almost 12 months have passed so investors should keep the faith and have little more patience). Average Bull Phase or the Growth phase post completion of Consolidation lasts for 34 (Growth Phase 1) + 11 (Growth Phase 2) + 22 (Growth Phase 3)= 22.33 Months (So there is a huge probability the phase that everyone will enjoy is near by and we are certainly going to be rewarded sooner than later.) Average Growth during the Growth Phases= 1.06(Growth Phase 1) + 4.5(Growth Phase 2) + 1.87(Growth Phase 3) = 7.43/3 = 2.48% per month. Average Cumulative Growth considering both Growth phases and Consolidation phase = 0.62(58 Months during C1 and Growth Phase 1) + 2.37(21 months during C2 and Growth Phase 2) + 1.87(35 months of C3 and Growth phase 3) = 4.86/3 = 1.62%. Conclusion: / After every high there is a substantial consolidation phase. / If you keep patience during consolidation phase you will be rewarded handsomely by equity market. 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. There are a lot of assumptions in data and pure statistics is not applied. We just want to pass on the message that markets have always be rewarding the patient. That does not mean they will continue to do so in future but we are working on probabilities and assumptions here. There can be some mistakes in assumptions and calculations. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:NIFTY
by Happy_Candles_Investment
1
Nifty at Crossroads: Will Tariff Shock Deepen the Fall?The Nifty 50 ended the week at 24,426.85, slipping -1.78%. 🔹 Key Levels for the Upcoming Week 📌 Price Action Pivot Zone: 24,349 to 24,506—This is the critical zone to watch. A decisive move beyond either side may dictate next week’s trend. 🔻 Support Levels S1: 24,113 S2: 23,800 S3: 23,452 🔺 Resistance Levels R1: 24,741 R2: 25,056 R3: 25,346 Sentiment Check (Last Week): Nifty faced heavy profit booking amid global market weakness and concerns over geopolitical uncertainties, especially Trump’s proposed 50% tariff on Indian goods, which rattled investor confidence. While early optimism pushed prices up, sustained selling dragged the index below the pivot zone, signaling caution. Market Outlook Bullish Scenario: If Nifty sustains above 24,506, a recovery move could target R1 (24,741). A decisive breakout above this may extend the rally towards R2 (25,056) and R3 (25,346). Bearish Scenario: If the index slips below 24,349, selling pressure may intensify. This could drag Nifty towards S1 (24,113), and further down to S2 (23,800) and S3 (23,452). Sentiment Outlook: The market tone has shifted cautious after the breakdown from the pivot zone. Sustaining above 24,506 is key for bulls to regain strength; otherwise, bears may extend control towards deeper support levels. The tariff issue could remain a short-term headwind for Indian equities until clarity emerges on trade negotiations. Disclaimer: lnkd.in
NSE:NIFTY
by ALICEBLUE
$NIFTY: Nifty 50 – India’s Market Meltdown or Hidden Gem?(1/9) Good Morning, folks! ☀️ NSE:NIFTY : Nifty 50 – India’s Market Meltdown or Hidden Gem? Gift Nifty’s at 22,555, down 65 points, and the index is off 13% since October 2024! Is this a crash landing or a golden ticket in disguise? Let’s unpack the chaos! 🔍 (2/9) – PRICE PERFORMANCE 📊 • Gift Nifty: 22,555, down 65 points (Mar 6, 2025) 💰 • Recent Trend: 13% drop from Oct 2024 highs 📏 • Sector Mood: Autos, real estate dragging, per web reports 🌩️ It’s a bumpy ride, but bargains might be brewing! 🔧 (3/9) – MARKET POSITION 📈 • Index Weight: 50 top Indian firms, 65% of NSE market cap 🏅 • Scope: Spans 13 sectors, from banks to tech ⏳ • Trend: Bearish streak persists, down 13% since Oct 🎯 Still a heavyweight, but feeling the squeeze! 🌐 (4/9) – KEY DEVELOPMENTS 🔑 • Earnings Slowdown: Growth at 5%, down from 20%+ 🔄 • Macro Woes: U.S. tariffs, trade tensions spook investors 🌍 • Market Vibe: Gift Nifty signals a sour start 📋 Tough times, but sectors might shine through! 💡 (5/9) – RISKS IN FOCUS ⚡ • Geopolitics: U.S. tariff threats hit exports 🔍 • Sector Slump: Autos, real estate under pressure 📉 • Volatility: Bearish trend grips tight 🌪️ Rough waters ahead, but storms pass! 🛡️ (6/9) – SWOT: STRENGTHS 💪 • Diversity: 13 sectors, broad economic play 🏆 • Scale: Tracks India’s biggest players 📈 • Value: Potentially undervalued, per web buzz 🔩 A battered champ with fight left! 💼 (7/9) – SWOT: WEAKNESSES & OPPORTUNITIES ⚖️ • Weaknesses: 5% earnings growth, macro drag 📉 • Opportunities: Sector plays in banks, tech shine 📈 Can it dodge the punches and rally? 🤔 (8/9) – 📢Nifty at 22,555 (Gift), down 13%—your call? 🗳️ • Bullish: $24K soon, undervalued steal 🦬 • Neutral: Flatline, risks offset ⚖️ • Bearish: $20K next, bears rule 🐻 Vote below! 👇 (9/9) – FINAL TAKEAWAY 🎯 Nifty’s 13% slide and $116 Gift price signal trouble 📉, but undervalued sectors tease upside 🌱. Volatility’s our mate—dips are DCA fuel 🔥. Buy low, aim high! Hit or miss?
NSE:NIFTYLong
by DCAChampion
Nifty levels - Sep 01, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We hope you find this information beneficial in your trading endeavors. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you success in your trading activities!
NSE:NIFTY
by sacxe