Nifty Trend directionNifty 23381 - Base on data, Nifty trade in today's session Suspected to be a trap. Will it bounce back to 23600 ? Hope so.by subravi1
Nifty Projection For This Week 10.02.2025 Time 21.191. The **NIFTY 50** is a benchmark stock market index of the **National Stock Exchange (NSE) of India**. 2. It represents the **top 50 companies** across various sectors, based on market capitalization and liquidity. 3. The index was launched in **1996** and is managed by **NSE Indices Limited**. 4. NIFTY 50 covers **13 sectors**, including IT, finance, energy, FMCG, and pharmaceuticals. 5. Major companies in NIFTY 50 include **Reliance Industries, TCS, HDFC Bank, Infosys, and ICICI Bank**. 6. It serves as a key indicator of **market performance and investor sentiment** in India. 7. NIFTY is a **free-float market capitalization-weighted index**, meaning larger companies have more influence. 8. The index is **rebalanced semi-annually** to ensure it reflects the latest market trends. 9. Investors use NIFTY 50 for **benchmarking mutual funds, ETFs, and derivative trading**. 10. NIFTY movements are influenced by **global markets, economic policies, corporate earnings, and FII flows**.11:33by TheGoldenFarmsofEquity0
Nifty Review & Analysis - DailyPrice Action : Nifty saw selling from the opening to close below 23400 but managed to bounce from 23300 levels. Technicals: Nifty opened below previous day’s close and saw continued selling to find support/buying around 23300 levels and saw slight pull back above 23350 levels forming a Bearish candle closing below 10,20,50,200 DEMA. The momentum indicators, RSI - Relative Strength Index was down to 47 Support/Resistance Major Support 23300 Immediate Support 23150 Immediate Resistance 23450 Major Resistance 24600 Trend: Overall Trend is Bearish Options Data: Highest CE OI was at 23700, 23600 followed by 23600 - Resistance Highest PE OI was at 23000 followed by 23100 - Support 23700CE 23600CE and 23500CE saw major addition signaling Shorts added 23200Pe saw unwinding indicating weakness and 23000pe saw addition indicating support PCR is 0.6 which indicates Bearishness Futures Data: FII Long/Short ratio improved to 16.5%/83.5% FII exited 4K Longs in Future at 38K and Shorts intact at 1.9L contracts Nifty Futures price was in negative, a slight decrease in price alongside slight increase in Open Interest (OI) typically indicates slight Bearishness Outlook for Next Session: Nifty is weak below 23300 Approch: Waiting for move up or down Wait for today’s High or Low to break and sustaines for further direction My Trades & Positions: No Positionsby Sandeep_CA0
Nifty Intraday Support & Resistance Levels for 11.02.2025Monday’s session saw Nifty opening negative, making an initial high of 23,568.60, but gradually sliding down into the 75-minute Demand Zone (23,327 - 23,381.60). It touched a day low of 23,316.30 before closing at 23,381.60, marking a 178-point loss from the previous close. The Weekly and Daily Trends (50 SMA) remain sideways, indicating indecisiveness in the market. Demand/Support Zones Near Minor Demand/Support Zone (15m): 23,141 - 23,205.70 Far Demand/Support Zone (30m): 22,786.90 - 22,843.30 Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 (Tested) Far Support Level: 21,281.45 (Low of 4th June 2024) Far Demand/Support Zone (Daily): 20,769.50 - 20,950 Supply/Resistance Zones Near Supply/Resistance Zone (15m): 23,557.80 - 23,591.25 Far Supply/Resistance Zone (15m): 23,644.10 - 23,694.50 Near Supply/Resistance Zone (Daily): 23,976 - 24,196.45 Far Supply/Resistance Zone (Daily): 24,601.75 - 24,782.15 Far Supply/Resistance Zone (Weekly): 24,180.80 - 24,792.30 Outlook Nifty is struggling to hold key support levels, with the 23,300 zone acting as a crucial demand area. If this level fails, we could see a deeper correction towards 23,100 - 23,000. On the upside, 23,600 - 23,700 remains a strong resistance zone. A sustained move above 23,700 may indicate bullish momentum, while a break below 23,300 could trigger further downside. by PriteshPalan1
Nifty : Continuing downside expected till Holi festival 2025 Nifty expected to downside till Holi festival 2025 below 22,750 just as Indian holi festival is coming, so Nifty chart parallelly describes the lyrics of it Bura na mano, Holi Hai.... 2025 (FuTech : Chart is Art = Educational use only)by Atmiya_aatubhai3
Nifty will bounce !?Nifty can bounce from here.. (!?) Strong demand zone. Conservative buy trigger is above today's high. Already attempted 200 EMA once. Bulls may come back with strength. Shorter emas showing some momentum possible Longby scalpandswings0
The TARIFF TRADE !NIFTY will dip down to 23200 levels. Looking to capitalize on this small trade. Do your research before making any investment decision. Shortby RT101041
NIFTY 10th FEB 2025please check level on chart for more details green zone are support and red zone are resistance by trade_geeks111
#NIFTY Intraday Support and Resistance Levels - 10/02/2025Flat opening expected in nifty. After opening if nifty starts trading and sustain above 23600 level then expected upside rally upto 23800+ level in opening session. Major downside rally expected below 23550 level. This downside can goes upto the 23400 level.by TradZoo12
NIFTY ready for 24000 now..?As we can see NIFTY has taken support around 23500 levels after getting rejected at the trendline and based on the election results, we can expect NIFTY to open very strong and hence will open above the trendline which will also break the structure hence if it sustains and doesn’t closed below the trendline then we may see quick 24000 in NIFTY else NIFTY will get in very serious zone so plan your trades accordingly and keep watching.by Wealthcam2
Nifty Intraday Support & Resistance Levels for 10.02.2025Friday’s session was highly volatile, with Nifty opening positive and making an initial high of 23,683.90 before dropping to 23,493.60. It then rallied again to a day high of 23,694.50, entering the 5-minute Supply Zone, only to reverse sharply to a low of 23,443.20, taking support at the 15-minute Demand Zone. A partial recovery followed, and Nifty closed at 23,559.95, losing 43 points over the previous close. Both the Weekly & Daily Trends (50 SMA) remain sideways. Demand/Support Zones Near Demand/Support Zone (75m): 23,327 - 23,381.60 Far Minor Demand/Support Zone (15m): 23,141 - 23,205.70 Far Demand/Support Zone (30m): 22,786.90 - 22,843.30 Far Demand/Support Zone (Daily): 21,791.95 - 22,910.15 (Tested) Far Support Level: 21,281.45 (Low of 4th June 2024) Far Demand/Support Zone (Daily): 20,769.50 - 20,950 Supply/Resistance Zones Near Supply/Resistance Zone (15m): 23,644.10 - 23,694.50 Near Supply/Resistance Zone (Daily): 23,976 - 24,196.45 Far Supply/Resistance Zone (Daily): 24,601.75 - 24,782.15 Far Supply/Resistance Zone (Weekly): 24,180.80 - 24,792.30 Outlook Nifty remains range-bound, facing resistance near 23,700 while finding support at 23,450. A break above 23,700 may lead to a move towards 24,000, while failing to hold above 23,450 could trigger further downside. Stay cautious in this sideways market!by PriteshPalan1
NIFTY FEBRUARY 2ND WEEK ANALYSISNifty is looking uncertain. If Nifty crosses and sustains above 23750, only then we can expect upside momentum upto levels of 24156-24300. The base for an upside would be 23612. While on the downside, if Nifty breaches 22750, upon its breaching 23400, there would be strong short covering levels of 23292 and 22950.Longby IshanMathur05Updated 2
Nifty's Next Move? 24,000 on the Cards!The hourly candle formed on Friday, 7th Feb looks promising! A bullish engulfing pattern, confirming RD while taking support at AVWAP, sets up an interesting long opportunity. With the low of this candle on a closing basis as SL, going long makes sense. 📈 Upside Target? 24,000 in the coming weeks! 📉 What about ATH? A new all-time high (ATH) looks unlikely unless we see a clear breakout above the heavy supply zone of 24,200 - 24,300. 🔍 Trading Idea For now, shorting PUTs seems like a good play, aiming for 23,800 - 24,000 levels with a clear SL of closing below 23,400. 👀 What's your view? Drop your thoughts below! 🔥📊 ⚠ Disclaimer: This is my personal view and not a recommendation or tip. Please do your own due diligence and study before making any trading decisions. NSE:NIFTY Longby dixitsoham70
Nifty 50 BMI views as of nowAs disclosed in the chart the drawing, as we are in the Feb 25, and evidence is Jan 25 is still resisting the Feb 25. Zones are just the flags, trading is always in between it. by AMGO_Markets0
Nifty's Battle Between Bears and Bulls & S&P 500 resistance test#Nifty50 wrapped up the week at 23,560, marking a 80-point increase from the previous week's close. It reached a high of 23,807 and a low of 23,222. As predicted last week, Nifty traded within the range of 24,000-22,950, and looking ahead, I anticipate the index will continue moving within the range of 24,000-23,050 next week. Currently, the monthly and weekly timeframes are both bearish, while the daily timeframe shows a slight bullish bias. This indicates that the bears remain in control, and they will likely seize every bounce as an opportunity to initiate short positions. I still believe that the 22,400/22,500 level is critical, as it presents an opportunity for the bulls to establish a base and potentially push Nifty higher. The BJP's victory in the Delhi assembly elections could have a positive impact on the market come Monday, offering a window to offload positions and create fresh shorts. My focus will remain on stocks that are either building a strong base or demonstrating resilience in this otherwise negative market environment. These hidden gems, or 'dark horses,' could emerge as the true winners in the near future. On the global front, the S&P 500 closed at 6,025, a mere 14 points down from the previous week's close, with a high of 6,101 and a low of 5,923. Over the past three weeks, the S&P 500 bulls have repeatedly attempted to break the strong resistance level at 6,100, but they’ve failed to maintain momentum above it. A decisive close above 6,100 is now critical for the rally to gain steam and target levels at 6,142, 6,225, and 6,376. If this resistance holds, the bears are ready to pounce, and we could see a test of support levels around 5,850—about 3% lower than the current level. It’s a crucial battle ahead, and while I’m rooting for the bulls, my focus is on the bears. Let’s see who comes out on top!Shortby ssudhirsharma110
Can Nifty overcome Mother, Father and the Trendline resistances?With the results in Delhi elections that will suit the market fervor can Nifty break the triple whammy of Mother, Father and Trendline resistances which are not allowing it to fly? The answer to the question can be yes. But what is important is if Nifty can sustain the opening that it might get and hold on to the levels? This will depend again on FII activity. FII as we know are on the selling side continuously. Also there is an upcoming New Income Tax bill to be tabled. Investors will wait and see the action taken on the LTCG and STCG taxes on the income. No bad news can be a good news with respect to this aspect. After the income tax relief received and RBI rate cut. Supports for Nifty remain at: 23435, 23177 and 22967. If the major support at 22967 is broken there can be a free fall in the market till the levels of 22758, 22159 or even lower as depicted in the chart. Resistances for Nifty remain at: 22619 (Father Line, 200 days EMA), 22658 (Mother line, 50 days EMA), 22838 (Major trend line resistance). If 22838 is crossed and we get a closing above it we can see the levels of 24084, 24223 and 24482. For levels above 24482 we will have to get a weekly closing above the same first. 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. 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.by Happy_Candles_Investment9
NIFTY S/R for 10/2/25Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions. by zenthosh1
Nifty level update Feb 10th 2025 Nifty50 Strong support 23322 & 23440 Strong ragistanc 23713 & 23790 For education purpose by Mayuraj1186_82081585921
Nifty 50 holding the long term trendNifty is holding the long term trend since 2020 with its recent low 22800. Waiting for this level to break and expecting the market to correct for at least a year. Also expecting the AI bubble to burst and let Nifty reach 20000. Shortby GokulKannan86b6
NIFTY | LONG | BTSTNIFTY is now in a Bullish trend on the Hourly chart. Price is making HLs and this means that for now the Bulls are in control. Long position can be built up for a Target to 24,150Longby Sky_Tracer3
$NIFTY50 .25% nifty50 cut so a rate cut of .25% has dropped the nifty by .25% for now ;) expect this to hold otherwise we go visit 23347 or dotted line below then run it back up again for now waiting for a recovery and reclaim of yellow line Break out of the pennant was not gonna be easy but once it does it should be worth it .. Longby CompoundingGain1