NIFTY Triangle Consolidation I Is Nifty Going to burn?
Pro Tip
A decent red candle close below the current 15m chart consolidation
Stoploss at Entry Candle high
Wait For close Below the Entry Line (22,511.80)
Use Swing High or 10-EMA to trail Profits
Use the Entry Line to navigate Entry
Pro Tip - Option Traders
Use At the money Option strike price
Can use Straddle Strategy where we can use ATM Strike price of
22,500 or 22,600 CE & PE BUY
Target 1 - 22,436 Target 2 - 22,450
Technical View
A textbook breakdown of a head and shoulder And a retest pattern.
A Triangle Breakdown
An Inverted Penant on 1H Chart
Fundamental View
Market outlook
The U.S. stock market experienced a significant downturn on Friday, February 21, 2025, primarily due to several economic and policy-related concerns:
Economic Growth Worries: New data indicated slowing business activity and weakening consumer sentiment in the U.S., raising concerns about economic growth
Inflation Concerns: Persistent inflation and a high five-year inflation forecast contributed to investor anxiety.
Trump's Policies: Worries about President Donald Trump's policies, including potential tariffs, further unsettled investors.
Disappointing Earnings: Walmart's weaker-than-expected earnings guidance added to fears of slowing consumer demand.
On Friday, the S&P 500 fell by 1.7%, the Dow Jones Industrial Average dropped by 1.7%, and the Nasdaq Composite declined by 2.2%
Impact on Indian Markets
The U.S. stock market crash can affect Indian markets in several ways:
Global Economic Sentiment: A downturn in U.S. markets can lead to a decrease in global investor confidence, potentially impacting Indian equities.
Foreign Institutional Investor (FII) Selling: Persistent FII selling in Indian markets, partly due to global economic uncertainties, has already been a significant factor in recent declines.
Trade War Fears: Trump's tariff policies could exacerbate trade tensions, affecting Indian companies with exposure to global trade, particularly in sectors like pharmaceuticals and automobiles.
Inflation and Economic Growth: Rising crude oil prices and concerns over U.S. economic growth can also impact India's inflation and trade deficit, affecting market sentiment.
Not an Investment Advise
Dagangan aktif
Trade 1 SL Hit
Trade 2
A Red Candle on the entry line is the second entry
SL Candle high
Nota
Trade 2 is an early morning trade
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.