๐ Nifty 50 โ Market Overview
Opening Level: Nifty 50 opened positive above 25,100, continuing momentum from the previous session.
Intraday High: Touched around 25,166 during the early session.
Intraday Low: Hovered around 25,111 in the later session.
Current Range: Mostly trading between 25,110 to 25,160, with a slight upward bias.
Previous Close: Around 25,090.
Current Gains: Around +0.1% to +0.3% for the day.
๐ Whatโs Driving Nifty Today
Banking Sector Strength: Strong performance from HDFC Bank, ICICI Bank, and other financial stocks lifted the index.
Quick Commerce Rally: Companies like Eternal (Zomato parent) showed double-digit gains, adding upward pressure.
Volatility Decline: The India VIX dropped nearly 3%, suggesting reduced market fear and more stable price action.
Mid-Session Profit Booking: Sectors like Realty, Pharma, and Media witnessed some selling, causing small dips during the day.
๐ Technical Snapshot
Support Level: Immediate support seen around 25,100, below which the next strong zone is around 24,950.
Resistance Level: Strong resistance around 25,160โ25,200, with breakout potential toward 25,300โ25,400 if breached.
Trend Outlook: The market is holding a bullish tone, with minor intraday corrections typical in a trending market.
๐ก Tradersโ Perspective
Direction Trigger Level Expected Move
Bullish Scenario Above 25,166โ25,200 Target next zone between 25,300โ25,400
Neutral/Range-bound Between 25,100โ25,160 Choppy movement, watch sector rotation
Bearish Scenario Below 25,100 Possible quick slide toward 24,950โ25,000
โ Summary
Todayโs session on Nifty 50 shows mild positivity driven by financial stocks and quick-commerce momentum. The market remains range-bound near recent highs, with sectors like realty and pharma underperforming. The index is showing strength above 25,100, and a breakout above 25,200 could lead to further upside in the coming days
Opening Level: Nifty 50 opened positive above 25,100, continuing momentum from the previous session.
Intraday High: Touched around 25,166 during the early session.
Intraday Low: Hovered around 25,111 in the later session.
Current Range: Mostly trading between 25,110 to 25,160, with a slight upward bias.
Previous Close: Around 25,090.
Current Gains: Around +0.1% to +0.3% for the day.
๐ Whatโs Driving Nifty Today
Banking Sector Strength: Strong performance from HDFC Bank, ICICI Bank, and other financial stocks lifted the index.
Quick Commerce Rally: Companies like Eternal (Zomato parent) showed double-digit gains, adding upward pressure.
Volatility Decline: The India VIX dropped nearly 3%, suggesting reduced market fear and more stable price action.
Mid-Session Profit Booking: Sectors like Realty, Pharma, and Media witnessed some selling, causing small dips during the day.
๐ Technical Snapshot
Support Level: Immediate support seen around 25,100, below which the next strong zone is around 24,950.
Resistance Level: Strong resistance around 25,160โ25,200, with breakout potential toward 25,300โ25,400 if breached.
Trend Outlook: The market is holding a bullish tone, with minor intraday corrections typical in a trending market.
๐ก Tradersโ Perspective
Direction Trigger Level Expected Move
Bullish Scenario Above 25,166โ25,200 Target next zone between 25,300โ25,400
Neutral/Range-bound Between 25,100โ25,160 Choppy movement, watch sector rotation
Bearish Scenario Below 25,100 Possible quick slide toward 24,950โ25,000
โ Summary
Todayโs session on Nifty 50 shows mild positivity driven by financial stocks and quick-commerce momentum. The market remains range-bound near recent highs, with sectors like realty and pharma underperforming. The index is showing strength above 25,100, and a breakout above 25,200 could lead to further upside in the coming days
I built a Buy & Sell Signal Indicator with 85% accuracy.
๐ Get access via DM or
WhatsApp: wa.link/d997q0
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
๐ Get access via DM or
WhatsApp: wa.link/d997q0
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
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.
I built a Buy & Sell Signal Indicator with 85% accuracy.
๐ Get access via DM or
WhatsApp: wa.link/d997q0
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
๐ Get access via DM or
WhatsApp: wa.link/d997q0
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
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.