Nifty Short & Medium Term Support&Resistance_30-Oct to 7-Nov-25
Nifty 25909
Long call ( Buy) was given three weeks before at 24896, Nifty crossed 26000 last week and this week.
Recently china was announced 100% additional tarrif for rare earth restriction by china, but after meeting XI, trump reduced current tarrif from 57% to 47%
Quarterly results of company released so far are average expecting GST 2.0 and festive sale to boost in Q3, HDFC Bank posted 10% profit, ICICI Bank posted 5% profit, Reliance posted 10% profit.
HDFC AMC, Persistent Systems,Dixon, Waaree Energies, Waaree Renewables, KEI, Polycab, Havells, Indian Renewable, NMDC, Bank of Mah, ICICI Lombard and ICICI Pru posted good results. Few stocks are already gone up and PE is high.
Overall, the Qtrly Results and Tariffs deal will decide the future path of the Nifty. Since it is a Volatile situation SIP route or buy in multiple parcel route with a goal of 3-5 years will workout.
Pending Qtrly results and Tarriff Deal ill take the Index Further.
Hence the strategy can be shifted to long considering medium to long and use the opportunity to buy on dips similar to SIP.
Current Short Term Resistance are 26000 and 26269 ( all time high). It need to break the resistance 26269 decisively to move up to 27000 target in med-long term.
Nifty Short Term Supports ( Multiple Supports are there between 25000-25670):
1.25900 ( Trend line support)
2. 25670 ( Jun 2025 High) Should cross this resistance in short term decisively inorder to move up.
3. 25500 ( 25441 Sep 18th 2025 High )
4.25450 ( 25442 is the Aug 2025 high)
5.25350 ( Fibonacci resistance shown )
6.25200 ( 25154 Aug 2025 high)
7.25000 ( Milestone)
Short Term Resistance
1.26098 ( Recent last week high)
2.26269 ( All time High)
Medium Term Support:
1.24700 (Trend Line as shown)
2. 24000-24170 (Fibonacci Retracements Supports- Two Supports in this zone 24116 & 24171 as shown)
3. 23500-23700 (Fibonacci Retracements Supports- Two Supports in this zone 23608 & 23707 as shown)
2. 23000
Medium Term Resistance:
1.27000 ( Need to decisively break 26269 all time high) This resistance is based on Fibonacci resistance at 27034
Long term resistance:
1.28000 ( Need to decisively break and move up 27000)This resistance is based on Fibonacci resistance at 28106
Long Term Support
1.22700-23000 ( Trend line and Mar 2024 High)
2.Big support at 20000 (Sep 2023 high)
Nifty 25909
Long call ( Buy) was given three weeks before at 24896, Nifty crossed 26000 last week and this week.
Recently china was announced 100% additional tarrif for rare earth restriction by china, but after meeting XI, trump reduced current tarrif from 57% to 47%
Quarterly results of company released so far are average expecting GST 2.0 and festive sale to boost in Q3, HDFC Bank posted 10% profit, ICICI Bank posted 5% profit, Reliance posted 10% profit.
HDFC AMC, Persistent Systems,Dixon, Waaree Energies, Waaree Renewables, KEI, Polycab, Havells, Indian Renewable, NMDC, Bank of Mah, ICICI Lombard and ICICI Pru posted good results. Few stocks are already gone up and PE is high.
Overall, the Qtrly Results and Tariffs deal will decide the future path of the Nifty. Since it is a Volatile situation SIP route or buy in multiple parcel route with a goal of 3-5 years will workout.
Pending Qtrly results and Tarriff Deal ill take the Index Further.
Hence the strategy can be shifted to long considering medium to long and use the opportunity to buy on dips similar to SIP.
Current Short Term Resistance are 26000 and 26269 ( all time high). It need to break the resistance 26269 decisively to move up to 27000 target in med-long term.
Nifty Short Term Supports ( Multiple Supports are there between 25000-25670):
1.25900 ( Trend line support)
2. 25670 ( Jun 2025 High) Should cross this resistance in short term decisively inorder to move up.
3. 25500 ( 25441 Sep 18th 2025 High )
4.25450 ( 25442 is the Aug 2025 high)
5.25350 ( Fibonacci resistance shown )
6.25200 ( 25154 Aug 2025 high)
7.25000 ( Milestone)
Short Term Resistance
1.26098 ( Recent last week high)
2.26269 ( All time High)
Medium Term Support:
1.24700 (Trend Line as shown)
2. 24000-24170 (Fibonacci Retracements Supports- Two Supports in this zone 24116 & 24171 as shown)
3. 23500-23700 (Fibonacci Retracements Supports- Two Supports in this zone 23608 & 23707 as shown)
2. 23000
Medium Term Resistance:
1.27000 ( Need to decisively break 26269 all time high) This resistance is based on Fibonacci resistance at 27034
Long term resistance:
1.28000 ( Need to decisively break and move up 27000)This resistance is based on Fibonacci resistance at 28106
Long Term Support
1.22700-23000 ( Trend line and Mar 2024 High)
2.Big support at 20000 (Sep 2023 high)
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Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.