Downloading...
Download

Niftycrash

Nifty recovers from lows of the day. But not out of danger yet.Nifty as expected suffered heavy losses due to Trump Tariff Tornado which has engulfed the global markets. The good thing which is the silver lining in the cloud was that it recovered from the lows of the day by a lot. The lowest point of today or perhaps the year 2025 so far was 21743 and we closed the day at 22161. Which is about 418 points. However we are not out of the woods yet. We will hopefully see bottom formation later during this week or the next if this lowest point is already not the bottom. The support levels for Nifty remain at 21743, 21289, 20790 and 20320. Resistance for Nifty will be at 22266, 22711, 23083 and 23384. Above 23384 closing Nifty will be back to the bulls territory and we can hope for a recovery towards 24K first and then 25K. As of now the ball is still in Trump's court as the world sizzles with his Whims and fancies. China is planning a stimulus package for its industry and High level cabinet meeting is going on in India as I write this to counter the effects of Trump Tariff and swift recovery of our economy in addition to minimising the effect of damage. The best strategy is to wait out the Trump Storm reassess the situation once bottom is formed. Those who have liquidity this is a good oppertunity to go long after bottom fishing. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NSE:NIFTY
by Happy_Candles_Investment
NIFTY : Analysis, levels, Prediction and next aheadThis chart provides an analysis based on Elliott Wave theory (Modified with psychological behavior), showing how the NIFTY 50 index has moved through different phases and highlighting important levels where price actions suggest significant market behavior. Initially, prices consolidated around 21174-22469, forming the base of a larger upward move referred to as Wave C which was started from 15290 on weekly chart. This phase is significant because it shows the market finding strong support, where buyers stepped in to absorb selling pressure. This type of consolidation often indicates the foundation of a bullish rally. From here, the index began its upward journey, reaching an extended Wave C completion zone between 25,096 and 26,641 which was predicted on 30-Aug-2024 when prices were trading at 25151 . from this range, prices started to lose strength, which is typical when markets approach exhaustion zones in an extended trend. The selling pressure increased, leading to a reversal. charts.fyers.in After hitting this extended resistance zone, the market entered a correction phase, forming Wave A. This phase is marked by a sharp decline, with prices finding support at 23,263, a significant 50% retracement of the previous move. Retracements like this are crucial because they represent a balance point where the market pauses to decide its next move. The 50% retracement is also a key Fibonacci level, often considered a strong resistance / support area. from retracement zone prices started decline again to complete its structure of ABC (Correction wave) Currently, the index is trading in the first corrective Wave C zone between 22,762 and 23,061. This range is critical because it represents a decision point for the market. If prices hold here, it could signal the end of the correction and the start of a new upward wave. If the market fails to sustain this level, it could move further downward toward the extended correction zone at 21,617–21,893. This area is identified as a potential bottoming-out zone where strong support is expected. Historically, such zones offer good buying opportunities for traders looking for a trend reversal. However, if prices fail to hold even this extended correction zone and break below 21,174, it would confirm a decisive bearish trend on both weekly and monthly charts. A breakdown like this would suggest a prolonged sideways or negative trend, meaning the market could struggle to recover for some time. In summary, the chart highlights key areas to watch for potential market reversals. If prices hold above 22,762, there’s a good chance of a bullish recovery, and this could be a buying opportunity. On the other hand, if prices break below this level, the next significant support lies around 21,617–21,893. A failure to hold even that zone would shift the outlook to bearish, signaling the end of the bullish trend and a move toward a deeper correction. Understanding these levels and their significance helps traders and investors make informed decisions about when to enter or exit the market.
NSE:NIFTY
by LiveTradingBox
2
Nifty spirals down yet again in full flow. Where is the bottom?As Nifty Spirals down in a full flow investors have following questions in mind: Q1 Where is the bottom? Q2 How much more pain left in the system? Q3 When will the recovery start? Answer to all the questions is interlinked. Answer 1) Predicting exact top and exact bottom is very difficult but with MMI at 23.71 it is clear that extreme fear has gripped investors. Those who invest during extreme fear zone make profit in a long run that is very clear cut long term scenario. FII have withdrawn enmasse in search of greener pastures. HNI investors and retail investors are worried that FII is going away. Also they feel the fear of increased taxation while budget 2025 is about to arrive supports for Nifty which can act as bottom are at 22740 (near lower bandwidth of bollinger band), 22465, 22175 and 21886 (Channel bottom support). Any of these levels as of now can act as support for Nifty. Answer 2) As the levels suggest short covering can happen anytime alter this week as market looks oversold. Current RSI 28.66 is and RSI support is at 22. So we can expect a technical bounce upto 23K or 23.2K any time soon. Only if the Nifty closes 23550 we can see a momentum build up which can take Nifty further up towards 24K or 24.2K as of now. Answer 3) Short term recovery can start very soon probably later this week. Long term recovery and march towards 25K or 25K+ will take some time and might start in end of Q1 or mid Q2 2025. As per the charts.
NSE:NIFTY
by Happy_Candles_Investment
Nifty 50 Index: A Dramatic Crash Ahead?Technical Analysis : Unveiling the Mystery: Understanding the Actual Value Zone in Stock Trading In simple terms, the Actual Value Zone represents the price range within which retailers trade a stock among themselves. Let's take an example to understand it better. Imagine there is a continuous supply of 10,000 kg of potatoes in the market. This keeps the potato prices stable because the demand is met by the supply. As a result, the price remains within a certain range, indicated by the blue zone on the chart, depending on the time frame we are considering. Now, let's imagine a business person or institution who wants to make money from potatoes. They disrupt the supply chain by stocking a huge amount, let's say 50% of the supply. This sudden decrease in supply causes the price of potatoes to double until the next cycle of 10,000 kg of supply from farmers. This situation often leads to a green candle, symbolizing a surge in market demand. As a result, everyone starts buying potatoes, and with the help of retailers, the price of potatoes can increase up to four times the original price. At this stage, the business person or institution has stocked 50% of the potatoes, and the retailers have also stocked 50%. The institution wants to accumulate more potatoes from those retailers who are unwilling to sell. To achieve this, the institution supplies a small number of potatoes, causing the price to drop slightly. This tempts some retailers to sell their potatoes, which the institution buys again, creating a situation known as Bearish Divergence. To summarize this story, initially, the actual price of each kg of potato was 10 rupees. It increased to 20 rupees after the institution stocked 50%, and then further rose to 40 rupees when retailers also stocked 50%. The institution makes money by selling their potatoes bought at 10 rupees for 40 rupees, which leads to more potatoes being sold at higher prices. Eventually, this increases the supply, causing the price to drop back to its original value. This story illustrates a fundamental principle underlying the stock market and other assets worldwide. Retailers, with their limited resources, have minimal influence over price fluctuations. The market is driven by various factors, including manipulation by institutions, creating a complex environment for trading. And a successful retail trader must know when the institution is going to sell or buy ! My next move : I'm patiently waiting for a significant breakthrough moment. Interestingly, it seems that institutions are deliberately keeping the market steady at a particular price level. However, this is actually a strategic move on their part. They are waiting for the market to reach another price range before starting to sell. When they do, I plan to follow their lead and sell my assets as well. We greatly value your comments and feedback, as they play a crucial role in our continuous improvement. We invite you to share your technical analysis, as it contributes to creating more opportunities for inclusive learning. By sharing your insights, we can foster a collaborative environment that benefits everyone involved. Thank you !
NSE:NIFTYShort
by UnknownUnicorn14930146
Is Nifty & Bank Nifty ready for correction?When we analyze Nifty's chart on Daily Candle, we see it is overbought since last 5 days. Historically, whenever overbought indication got active on Daily Chart of Nifty, the correction started from there on. Also, an analysis of Futures Contracts tells us that we are already at the peak. And number of contracts being sold/bought at this level are not much compared to the fulcrum. Considering this data, the probability of Nifty going higher from this level is very little while probability of a correction is gaining ground. The immediate support for Nifty is at 17124 and if it is decisively broken, the 17000 mark will not take much time to vanish. Further upside, the chances of which are very low, will come only if next psychological barrier of 17450 is overtaken. As for as Bank Nifty is concerned, it is fulcrum is located at 35915 and if the slide down starts and goes past this mark, many Buyers will be forced to liquidate their positions, which will push the price further down. If a further upwards push comes for the bank nifty, only Entry above 37400 can be considered safe from a short to medium term perspective.
NSE:NIFTY1!
by jellygill
NIFTY IMPORTANT UPDATEHi Friends, As I am warning from three weeks, that NIFTY is changing from UPTREND to DOWN TREND. now I confirm the change in trend (well still NIFTY did not made new lower lows as on 21.09.2020 time 8pm). Remember it is 11 year BULL market and longest bull run in history. If you want to know what is the second longest bull market, it is happen before great depression in 1929. So, the odds of repeating the same type of crash ( GREAT DEPRESSION ) is HIGHER now. last week update, i mentioned that " running out of the door still it is open -- will be better understood after HUGE hit ". Finally what I want to say is this Changing from option 3 to option 4 which is SELLING OPPORTUNITY Your Humble trader KIRAN --------------------------------------------------------------------------------------------------------------------------- The five conditions I watch regularly are. 1. BUYing opportunity 2. BUY hold 3.Wait for trend confirmation 4. SELLing opportunity 5. SELL hold. -----------------------------------------------------------------------------------------------------------------------------
NSE:NIFTYShort
by KiranSunku2016