Get started
Nifty 50 IndexNifty 50 IndexNifty 50 Index

Nifty 50 Index

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Components Options

NIFTY trade ideas

Market Still Searching for Bottom. Nifty is still searching for a firm bottom from where it can form a base and launch a comeback. RSI of Nifty on Weekly chart is at 34.15. The weekly RSI was this low only during COVID fall when market RSI had gone below the level of 20. Most of the levels are being broken down week after week and day after day. Now Nifty supports are at 22054 and 21813. 21813 seems to be a very strong support if this support is broken we have only 21281 support which was the Election day low where there was a fear of regime change. If 21281 is broken then 20507 and 19706 Father line of weekly Chart. Daily RSI is at 22.4 which indicates Nifty might be near the oversold zone. Upside resistances for Nifty are at 22588, 22743. Crossing these 2 hurdles will bring in a formidable Fibonacci resistance of 23214 and 23334 (Mother line of Weekly chart) into picture. Bulls can make a come back only after we get a closing above 23334. Amongst all these negative indications Nifty 50 PE valuations are at 19.7. The 10 year Average PE of Nifty 50 is at 23.5. Which means lot of stocks are trading below their 10 year Price to Earning average and value buyers can see an opportunity here for long term investment and they can start collecting fallen stars. Daily 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 50 Weekly Chart Technical AnalysisTechnical Analysis of NIFTY 50 Weekly Chart ________________________________________ 1. Chart Overview • The chart represents the NIFTY 50 Index on a weekly timeframe. • A significant downtrend is visible after reaching a recent high near 26,277. • The index is trading around 22,124, close to an identified support level. • The chart includes volume bars, MACD, and RSI indicators to analyze trend strength and momentum. ________________________________________ 2. Key Chart Features and Pattern Observations • Support & Resistance Levels: o Resistance: ~ 26,277 (marked in purple). o Support: ~ 21,281 (marked in blue), with a lower potential support around 18,837. • Price Action: o The market recently made a lower high, signaling weakness. o A series of red candles indicates strong selling pressure. o The price is approaching a crucial support zone, where a potential bounce might occur. • Trend: o The primary trend is bearish, as seen from the continuous red candles. o The recent downtrend has been accompanied by increased selling volume. ________________________________________ 3. Indicator Analysis Volume: • Volume has increased on the recent red candles, confirming strong selling pressure. • A decrease in volume near support could indicate exhaustion of selling. MACD (Moving Average Convergence Divergence): • The MACD line (red) is below the signal line (blue), indicating bearish momentum. • The histogram is showing negative bars, confirming a downtrend. • No signs of a bullish crossover yet. RSI (Relative Strength Index): • RSI is currently at 36.28, near the oversold zone (30). • If RSI drops below 30, it could indicate an extreme oversold condition, signaling a possible reversal. ________________________________________ 4. Key Levels or Price Levels • Resistance Levels: o 26,277 – Major resistance from the recent high. o 23,500 - 24,000 – Possible minor resistance if a rebound occurs. • Support Levels: o 21,281 – Immediate support, if broken, may lead to further downside. o 18,837 – Stronger support level, last major swing low. ________________________________________ 5. Overall Summary • Bearish Trend: Price action, MACD, and RSI confirm a downward trend. • Support Test: The market is near a critical support at 21,281. • Oversold Conditions Approaching: RSI is nearing oversold levels, suggesting a potential bounce. ________________________________________ 6. Trading Strategy Bearish Scenario (Short Selling) • If 21,281 breaks, a short trade can be taken with targets of 20,500 - 19,000. • Stop-loss: Above 22,500. Bullish Scenario (Buy on Reversal) • If the price shows support of around 21,281, a long trade can be considered. • Confirmation: Bullish candlestick pattern or RSI divergence. • Target: 23,500 - 24,000. • Stop-loss: Below 21,000. ________________________________________ 7. Conclusion • NIFTY is in a strong bearish trend, and price action indicates further downside unless support at 21,281 holds. • Key decision area: If price holds at support, a bounce may occur. If broken, expect further downside. • Traders should watch for confirmation signals like bullish candlestick formations, RSI divergence, or volume decrease to gauge potential reversals.
NSE:NIFTY
by ramumaurya
NIFTY 50 consolidation breakout - 3 min & 1 hr S2 Break on weekly CPR 3 minute candle daily CPR movement need to confirm the downward moment. 1) if 3 min candle open below S1 and retest then a good movement can be expected. 2) If the 3 minute candle opens above R1 or SMA 200 with good green candle then can see a consolidation or a bounce back the analysis which i shared is purely based on my analysis. do your own research. any suggestion or rectification kindly comment below.
NSE:NIFTYShort
by tibud8
Long Term Nifty Outlook Based on 2023 Fibonacci levels. Based on the Fibonacci levels plotted from the point from where rally started on 2023 towards the peak and reverse Fibonacci from the same 2 points. We can make the following deduction: Major Supports for Nifty can be around: 22500, 22169, 21845. Negative scenario as of now seems to be near 21227, 20507, Father line support of Weekly chart 19710. Worst case scenario 19170 or 18769. (Possible but improbable) But you never say never. Major Resistances for Nifty will be at: 23214 Fibonacci level resistance, 23351 Weekly Mother line resistance, 24921 and then previous peak at 26277. Best case scenario for Nifty to make a come back with a bang and show us a new high near 28000+ levels (Possible but improbable) But your never say never. 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
Elliott Wave View: Bearish Sequence in Nifty Favors DownsideShort Term Elliott Wave View in Nifty shows an incomplete bearish sequence from 9.27.2024 high. Decline from there is unfolding as a zigzag Elliott Wave structure. Down from 9.27.2024 high, wave ((A)) ended at 23263.15 on 11.21.2024 low and wave ((B)) rally ended at 24857.75 on 12.5.2024 high. The extreme target lower for wave ((C)) is 100% – 161.8% Fibonacci extension of wave ((A)). This area comes at 19964 – 21842. Wave ((C)) is currently in progress with subdivision as an impulse Elliott Wave. Down from wave ((B)), wave (1) ended at 22786.9 and wave (2) rally ended at 23807.3 with internal subdivision as a zigzag. Up from wave (1), wave A ended at 23632.45 and wave B ended at 23222. Wave C higher ended at 23808.27 which completed wave (2) in higher degree. The Index has resumed lower in wave (3). Down from wave (2), wave 1 ended at 22798.35 and wave 2 ended at 23235.5. The Index resumed lower in wave 3. Down from wave 2, wave ((i)) ended at 22725.45 and wave ((ii)) ended at 23049.95. Near term, while below 23808.27, expect rally to fail in 3, 7, or 11 swing for further downside.
NSE:NIFTY
by Elliottwave-Forecast
Nifty50 Falling Wedge: Short-Term Bounce or Bull Trap? Nifty50 is trading within a falling wedge pattern, typically a bullish reversal structure. The daily candle has touched the lower Bollinger Band, signaling a potential bounce, and the RSI at 29 is deep in oversold territory. While the index continues to respect the downward channel, a short-term bounce of at least 1% is likely to fill the recent gap and test 22,800. However, a decisive breakout is uncertain, and this could turn into a bull trap rather than a sustained rally.
NSE:NIFTY
by VeerappaKaujageri
NIFTY S/R for 25/2/25Support 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.
NSE:NIFTY
by zenthosh
1
Nifty Intraday Support & Resistance Levels for 25.02.2025Monday’s session saw Nifty opening with a massive gap-down of over 185 points at 22,609.35, attempting a minor recovery to 22,668.05, but eventually slipping to a low of 22,518.80. It closed at 22,553.35, losing 242 points from the previous close. Both the Weekly (50 SMA) and Daily Trend (50 SMA) are now negative, signaling weak market sentiment. Demand/Support Zones Near Support: 21,281.45 (Low of 4th June 2024) Far Demand/Support Zone (Daily): 20,769.50 - 20,950 Supply/Resistance Zones Near Minor Supply/Resistance Zone (5m): 22,605.55 - 22,617.80 Near Supply/Resistance Zone (15m): 22,763.20 - 22,812.20 Near Supply/Resistance Zone (75m): 23,176.15 - 23,235.50 Far Supply/Resistance Zone (75m): 23,248.45 - 23,301.75 Far Supply/Resistance Zone (125m): 23,316.30 - 23,409.65 Outlook With Nifty breaking and closing below the key 22,600 - 22,800 support zone, bulls are struggling to hold ground. This breakdown confirms a Lower High - Lower Low pattern, reinforcing a Sell-on-Rise strategy. Unless Nifty reclaims 22,800 decisively, expect further downside pressure.
NSE:NIFTY
by PriteshPalan
Nifty Review & Analysis - DailyPrice Action : Nifty made another new low for the year down -1% Technicals: Nifty opened gap down and continued weakness below 22700 to close at 22550 forming a bearish candle below 5,10,20,50,100 & 200 DEMA The momentum indicator, RSI - Relative Strength Index closed below 30 showing weakness Support/Resistance Major Support 22300 Immediate Support 22500 Immediate Resistance 22650 Major Resistance 22700, 22800, 23000 Trend: Overall Trend is Bearish sideays Options Data: Highest CE OI was at 23000 with highest addition at 22600, 22700 & 22800 - Resistance Highest PE OI was at 22500, highest Put writing seen at 22500, 22300 - No major support PCR is 0.6 which indicates Bearishness Futures Data: FII Long/Short ratio at 15.5%/84.5% FII Future positions saw little addition in longs and exiting shorts Nifty Futures price was down by -1% with huge increase in Open Interest (OI) which typically indicates Bearishness Outlook for Next Session: Nifty is weak Sell on every rise Approch: Short at higher levels for target 22400-22300 Wait for today’s High or Low to break and sustaines for further direction My Trades & Positions: Holding Shorts in March monthly contract from 22850 levels
NSE:NIFTYShort
by Sandeep_CA