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NIFTY

Trump Tariffs send global Markets into free fall. Trump Tariff announcements has sent the global markets into free fall. The reaction has sent global markets into knee jerk reaction. Global trade will axis will realign because of these actions of US. As per the analysis of many experts the disadvantages to India are limited. There are opportunities galore in sectors like Pharma and Textile etc. The support levels for Nifty currently are at 22338, 21983, 21289, 20095 and finally 19864. The resistances for Nifty are 23037, 23266 and 23894. Long term Resistance for Nifty remain at 24831 and 25K levels. Short term outlook for Nifty is weak. In the medium term Nifty can remain range bound and Long term outlook for Nifty still remains strong. Investors with Long term outlook can search for Bottom Fishing opportunities in Blue chip stocks which are available at good prices. Focus should be on India centric themes where products and companies are less dependent on exports specially to US. Having said that it can be a blessing in disguise for sectors like Pharma and Textile. If Indian leadership can turn this obstacle into oppertunity by taking the right steps it can be a curse in disguise. Investors can also look at collecting some ETFs international as well as local as a long term investment. In cricket matches sometimes losing a toss can be a blessing in disguise this is something like that. 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
levels to watch It's clear that analysts, the media, and others who seek the spotlight often try to explain why the markets moved in a certain direction. The irony, however, is that these explanations usually come after the market has already moved, making it obvious that they’re just linking the moves to some news event. If you pay close attention, you'll realize that technical tools can provide valuable insights ahead of time, helping you predict how the market will behave and where it’s likely headed. For those who’ve read my past articles, you’ll notice I’ve already highlighted key levels for the Nifty index and the potential targets it could reach. Whether there were tariffs or not, the market was bound to drop. But as I pointed out, the crash is being blamed on the tariffs. As long as the markets remain below the 24,000 level, we can expect them to target 21,800 and possibly even lower in the coming weeks. I had booked profits for some of my stocks around the 21,800 level and re-entered short positions at 23,800.
NSE:NIFTYShort
by Shivkumar600
4
TIME TO BUY NIFTY AGAIN!! NIFTY SEEMS POSITIVEHello All!! I am back with totally different opinion on Nifty Futures, I had checked with Media and some published articles, most of all are Bearish On Nifty for coming day!! But I don't think so....... Today on 04-04-2025, Nifty is negative by more than -1.5%. I think it is very right time to buy Nifty!! Nifty futures CMP:22950.00 Nifty has beached its valuable support at 23,270.00 Now, Nifty's next big support is at 22,930.00 RSI is just above it's 40 Mark level!! If RSI manages to hold that 40 Mark level, Nifty is going to switch it's direction and start moving upwards. Simple terms: Risk to Reward ratio is most favorable at current market price. So, if Nifty holds 22,930.00 level and RSI holds it's 40 Mark level, Bulls are back in market. Target: 24,000.00 with in this month. Stoploss: Mange as per your risk tolerance capacity. Let's hope for the best!! Be cautious, Market is teaching us something which is not so often!! Note: This is just my attempt to Analyze Nifty chart, I don't recommend any one to trade or invest based on this study. This is just of educational purpose.
NSE:NIFTY1!Long
by sharescomplex
Nifty May have bottomed on News As per Elliott wave sequence it is coming to mind that it has completed a complex correction in the form of WXYZ. Todays bottom is very important and it also related to by the fibs 61.8 level. For further rally it should cross the 23300 mark in less time then the c leg of z has completed its move downwards...the c leg has completed the move in 24 bars of 15 minutes and it will have cross it before 24bars....! finger crossed...! No buy sell recommendation. Just a view.
NSE:NIFTY
by imkhushal
4
Nifty is holding on above the Father line but by a thin margin.After reaching a weekly high of 23869 Nifty decided to fall back in search of its support zone. Currently it is holding above the Father line in the daily chart which is at 23406. Below the Father line there is Mother line waiting to support Nifty at 23114 in case the weakness seen on Friday persists. We will be in trouble again in case we get a daily or weekly closing below this level. In such a scenario the supports for Nifty will be at 22827, 22294 and 21939. In case the Nifty is able to gain momentum again the resistances it will face will be near 23536, 23671 and 23864. Closing above 23869 will enhance the short term momentum in Nifty which can lead it to 24K+ levels. To know more about supports, Resistances, investing in stocks based on sector index, Trend lines Parallel Channels, Mother, Father and small Child Theory, Behavioural finance, Fundamental analysis, Technical analysis, Profit booking etc. Read my book The Happy Candles Way to Wealth creation. It is as on date one of the highest rated books on Amazon. The paperback version and Kindle can be bought through Amazon. You can also contact me to buy the same. Things are slightly off balance with shadow of the candle just slightly in favour of bears as of now but Bulls will definitely try and retake the advantage back to their side given a slight opportunity. So the Bull and Bear tussle to continue into April and may escalate given Trump Tarif announcements and upcoming result season. 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. No one can guarantee any success in highly volatile market or otherwise. There is also chance of bias in our opinion. The supports and resistances indicated are based on data which has a cycle time of being 3 months or older so it is not necessary that it will work. The author or Smart Investment 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.
NSE:NIFTY
by Happy_Candles_Investment
1
Nifty finds a support just above Mother line and Mid-channel.Nifty has today found a good support just above Mother line of the hourly chart and Mid-channel support zone as it bounced from lows of the day near 23412 to close at 23591. Tomorrow being the weekly closing, monthly closing and financial yearly closing it become very important or one of the most important days for investment enthusiasts. A positive closing tomorrow will empower bulls in a lot of ways. The first support for Nifty will be at 23550. A very strong support zone for Nifty right now remains between 23412 and 23380. This zone includes today's low, mid channel support and mother line support. A closing below 23380 will bring bears back into action who can potentially drag Nifty again to 23145, 23003 or levels below 22801. Resistance zone for Nifty remains at 23646 today's high, 23670, 23778 and 23900. A closing above 23900 will empower bulls to take Nifty to higher levels of 24046, 24169 or 24378. As described earlier very important day tomorrow with shadow of the candle being neutral to positive. 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:NIFTYLong
by Happy_Candles_Investment
Nifty Coming back to test its supports.After a proper breakout and a rally which stretched above 1900 points from the March 4 lows, Nifty was clearly overbought on the hourly chart. It might be coming down for one or more of the following reasons: 1) Retesting support from where it can launch fresh move. 2) Correcting the RSI which had gone into the overbought zone. 3) Pressure due to upcoming Monthly and Financial year closing approaching on 28th March 2025. 3) The rally might have fizzled out. 4) Tax harvesting being done by retail investors. 5) Pressure due to upcoming Monthly and Financial The first 4 options seem to be more likely of the 5 points mentioned above. FII was again on the buying side today so DII and Retail were the major selling parties. Nifty Supports currently remain at: 1) Strong support zone of 23398 and 23309 (Hourly Mother Line support). This zone also includes the formidable mid channel support. 2) Next support is at 23145. 3) The next critical support for the rally remains at (Father line of the hourly chart) which is at 22959. 4) Final support for the rally will be at Channel bottom which is at 22801. Nifty Resistance currently are at: 1) 23602 which is now a resistance. 2) 23749 a formidable resistance. 3) Recent rally top at 23869. 4) The zone between 24071 and 24267. (The areas that can be new channel top). If you want to learn more about Mother, Father and the Small child theory designed by me about the stock market, Parallel Channels, charts, Candlestick analytics, Fundamental analysis, Mother and Father line importance, How to book profits, how to find a balance between Technical and fundamental analysis through Happy Candles Numbers, understand Behavioral Finance and other interesting topics by learning which you can make your money work harder you should read my book THE HAPPY CANDLES WAY TO WEALTH CREATION which is available on Amazon in paperback and kindle version. E-version of the same is available on Google Play Books too. More volatility can be expected int the next 2 days due to ongoing Ukraine-US-Russia announcements, Financial year expiry and Trump Tarif updates. Trade with caution. 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. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. 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.
NSE:NIFTY
by Happy_Candles_Investment
levels to watch out In my post from last year, I highlighted the potential for a market top and a correction in both the index and most of the Nifty50 stocks. My initial target was around 21,800, which the market hit as expected, and we also saw a bounce from those levels, just as I predicted. However, if those levels are breached, the decline could accelerate, bringing the market down to 19,000. I closed my short positions around those levels and will look to re-enter shorts. A break and sustained close above 24,150 would signal the end of this correction, possibly pushing the market to new highs in the coming weeks.
NSE:NIFTY
by Shivkumar600
3
Good Trendline Breakout Candle by Nifty. Nifty has given a good break out above Father line (200 Days EMA) at 23399 and Long term trend line. This shows that Bulls have made a comeback and are out of Coma. However Bears can try to disrupt things later in the week. Important resistance zone of Nifty now is between 23708 and 23830. Crossing and closing above 23830 has potential for the rally to inch upwards towards next resistance levels at 24030 and 24215. The supports for Nifty now remain at 23399, 23109 and 23036. The sectors that are driving the rally are Banking (Both Private and Public sector), Finance, Public Sector Industries. Midcap, Smallcap, Infra, Pharma, Consumer Goods and some other sectors are also trying to catch up. Overall it has been a V shaped recovery. This week's closing will decide if the rally can turn out into full blown Bull run or not. Signs are ominous. Predicting exact top and exact bottom remains illusive. When People were calling for Doomsday scenario and 20K, 19K levels we have seen Nifty rising 1694 points from 4th March Low of 21964. 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. No one can guarantee any success in highly volatile market or otherwise. There is also chance of bias in our opinion. The supports and resistances indicated are based on data which has a cycle time of being 3 months or older so it is not necessary that it will work. The author or Smart Investment 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.
NSE:NIFTY
by Happy_Candles_Investment
NIFTY READY FOR CORRECTION: BOOK PROFITSCRIPT: NIFTY CURRENT CONTINIOUS FUTURS Timeframe: Daily Important Support and Resistance Zones: Resistance Zone: 23,170 - 23,240 = 70 points (supply zone) Support Zone: 22,910 - 22,825 = 85 points (Demand Zone) Today's High: 23,232.60 RSI: 59.08 As per past data, we can observe, price has corrected from mentioned supply zone and importantly when RSI has reached 60 mark on daily timeframe. Here, there are several factors joining hands to correct Nifty in coming days. 1) Nifty reaching its supply zone 2) RSI near to mark 60 3) Past 4 days Nifty is rising continuous Takeaway: Yesterday's Close: 22972.95 Today's Close: 23,191.00 Difference: 259.65 Half the Difference: (259.65/2 = 109.025) Subtracting from Today's Close: 23191.00 - 109.025 = 23081.975 Now, If price crosses this level in coming days, we can expect further fall in Nifty. Target Condition: Price must cross 23,081 level in coming couple of days. If so, Target Price: We will see further correction in Nifty till our Support Zone which is at 22,910.00 - 22,825.00 Expected Time: Approximately 7 to 12 Days from today.
NSE:NIFTY1!Short
by sharescomplex
4
Solid Comeback by Nifty on Weekly Chart. 1 hurdle remaining. Nifty made a solid comeback gaining 4.26% this week. One major hurdle remaining which is 23403. If Nifty can close above this level the next resistances will be at 23809, 24030, 24215, 24443, 24667 and 24873 before Nifty can regain 25K levels. The supports for Nifty on the lower side if it is not able to cross the major hurdle at 23403 will be 23109, 22789, 22334 and 21974. As of now the Bulls have done well turning the shadow of the candle positive for the next week. However there is also a small possibility of 23403 becoming Achilles heel for the rampant Bulls. Weekly RSI is at 48.89 which means it has entered the bullish territory. MACD or the Moving Average Convergence and Divergence has not fully moved into the Bullish territory but it has certainly taken the turn towards the convergence. So overall it was a great week for bulls after a long time but one final hurdle of the Bear 'Chakravyuh' remains to be conquered. 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:NIFTYLong
by Happy_Candles_Investment