NIFTY at another important SUPPLY ZONE!AS we can see NIFTY is trading at yet another important supply zone and psychological level of 24500 and hence we can expect NIFTY to get rejected from here. Hence, any closing below 24500 should show some retracement. So plan your trades accordingly and keep watching everyone.
Multiple Time Frame Analysis
NIFTY will get rejected from here?As we can see NIFTY has finally approached our important supply zone and psychological level and hence we can expect NIFTY to get rejected from here. Hence, we may see NIFTY being sideways to negative tomorrow and any signs of rejection around the zone can be taken as a sign to short. So, plan your trades accordingly and keep watching everyone.
NIFTY heading towards important RESISTANCEAs we can see NIFTY showed strong upmove from the breakout as expected. Now we can see NIFTY heading towards another supply zone which is around 23900-24000 level. Hence, we can expect NIFTY to remain sideways to negative below this level. So, plan your trades accordingly and keep watching everyone.
Strong upmove above our supply zone !As we can see NIFTY showed strong upmove from our defined supply zone. Now that NIFTY is above the supply zone, we can expect NIFTY to remain bullish unless the supply zone turned demand zone is broken below. So, plan your trades accordingly and keep watching everyone.
Closing above 23100 might show good recovery!As we can see NIFTY got rejected from our identified supply zone and failed to close above. Hence, we can expect NIFTY to resist and fall but if it closes above the supply zone, it would become a demand zone and help NIFTY to show strong short covering. So, plan your trades accordingly and keep watching everyone.
NIFTY is still weak!As we can see NIFTY is still weak as despite the short covering, NIFTY is still below 23000 level which is both an important resistance and supply zone. Hence as long as we are below this zone, every rise can be sold for new lows. So, plan your trades accordingly and keep watching everyone.
Rejected as expected! Heading towards 22750 now! As we can see NIFTY got rejected exactly as analyzed. We may see this rejection to continue as long as NIFTY manages to hold itself above the demand zone turned supply zone. Hence, as long as we are below that zone, every rise can be sold. So plan your trades accordingly and keep watching everyone.
NIFTY at make or break area! As we can see NIFTY managed to close above 23100, showing signs of bullishness. Hence, if NIFTY manages to sustain itself above the zone, we may see NIFTY remaining bullish. While, if NIFTY opens weak, we may see NIFTY remaining sideways to negative through the day. So plan your trade accordingly.
NIFTY will show rejection from here !AS we can see NIFTY showed strong recovery after breaking off the consolidation, as discussed. Bow, NIFTY is trading at very crucial zone which is both a psychological level and important demand zone turned supply zone. This level is also cross by trendline resistance. Since, this is the first time, we can expect NIFTY to show strong rejection from here. So, plan your trades accordingly and keep watching everyone.
We might see NIFTY to recover more above 22760! As we can see NIFTY showed sluggishness after being bullish last day. It still can be seen in a consolidation, break of which could show strong upmove! The level we should keep track of is 22760, on break of which, show show good short covering. So plan your trades accordingly and keep watching everyone.
Level is not breached yet! Great Recovery seen!AS we can see NIFTY recovered sharply as it could not break the consolidation which we expected. Also, the 22200 level is still protected. Hence, we will stand by our analysis that until the consolidating is broken below, every dip can be bought. So, plan your trades accordingly and keep watching everyone.
Another unidirectional fall in making?As we can see NIFTY had been weak throughout the day and also formed a box kinda structure by trading in same range throughout the week, taking support at 22300 level continuously and making the level weak. Hence, break of 22300 level would not only break the closing of last week's low but also would break NIFTY's consolidation, which could result in an unidirectional fall. So, we must make position only if NIFTY closes below 22300 in Daily TF. So, plan your trades accordingly and keep watching
Tech Mahindra elliot wave analysisStrategic Elliott Wave Investment Proposal: Tech Mahindra Ltd. (Monthly Outlook)
Executive Summary
This proposal outlines a rigorous Elliott Wave and time-cycle analysis for Tech Mahindra Ltd. Based on multi-year structural dynamics, the asset has completed a major multi-decade impulse cycle and is currently navigating a prolonged, complex corrective phase. Understanding this structural trajectory allows investors to optimize capital deployment, anticipate downside boundaries, and position strat
TECH MAHINDRA FUTURE PRICE PROJECTION ACCORDING TO ELLIOT WAVE.Strategic Elliott Wave Investment Proposal: Tech Mahindra Ltd. (Monthly Outlook)
Executive Summary
This proposal outlines a rigorous Elliott Wave and time-cycle analysis for Tech Mahindra Ltd. Based on multi-year structural dynamics, the asset has completed a major multi-decade impulse cycle and is currently navigating a prolonged, complex corrective phase. Understanding this structural trajectory allows investors to optimize capital deployment, anticipate downside boundaries, and position strat
22200 is till protected!!As we can see NIFTY showed some short covering after taking support from our important demand zone 22200. Going by our analysis, as long as we are above 22200 levels, every dip can be bough. But, if NIFTY closed below 22200-22000 level, we may see NIFTY falling sharply as this level is a neckline of the head and shoulders pattern. SO, plan your trades cautiously and keep watching everyone.
Strong fall coming up below 22200 levels? As we can see despite the multiple tries of short-covering! Bears always takes over, showing strong bearish bias. Also 22200 level has been tested multiple times, making the level weak. Additionally, we can see a Head and shoulders structure in bigger time frame which could add fuel to the fire. Hence, if NIFTY couldn’t hold itself above 22200 and 22000 level which is a psychological level, then we may see NIFTY showing another strong unidirectional fall toward 21500-21000 levels. So, plan your
100 on cards for USDINR?Rupee has been trading in the consolidation range of 94-96.70, in the last couple of months. Although the dollar inflows from FCNR(B) were quite robust, the ongoing US-Iran war which keeping the crude at higher levels, higher bond yields across the developed markets and, the lack of hot sectors such as AI and semiconductors kept the FII outflows intact. Though FDI inflows have been good, this is not helping to sustain the rupee levels. As the rate hike cycle beginning across the DMs as well as i
Short covering as expected! Now that NIFTY has shown substantial amount of short covering exactly as discussed. We can stand by our analysis that until and unless 22200 level is protected and not breached! Every dip can be bought for 23000 level which is a next important demand zone turned supply zone. So plan your trades accordingly and keep watching everyone.
Some short covering coming up!?As we can see NIFTY showed some respite as expected since it is above 22200 level! Hence, standing by our analysis! Until and unless 22200 zone is protected, we can expect NIFTY to show some short covering. But if NIFTY breaches 22200 levels then we may see another sharp fall towards 20000 in long term. So plan your trades accordingly and keep watching everyone.
US10Y Monthly/Weekly Update US10Y touched multi-decade high of 5.30% during the month, before closing at ~5.29%. 25bps hike by the FED along with hawkish commentary and atleast another 25bps hike for the CY26 caused the yields to close higher. Persistent higher crude oil prices due to ongoing US-Iran war, higher fiscal deficit concerns and ongoing AI capex by hyperscalers (majority debt issuance in longer tenor, which in turn pressurizing govt yields) are the major concerns for bond yields.
Going forward, 5.20% can act as
NIFTY Monthly/Weekly Update NIFTY has logged one of its worst streak in its history, losing for 7 weeks in a row, although it has lost only ~9% in the entire period. The consistent FII outflows due to the rising global yields and lack of pureplay companies in AI/Semiconductor space despite healthy domestic inflows causing the pressure on the market.
Going forward, 22400 is a key level to watch out for as its previous week close as well as trendline level as well. 21800 can act as support level beyond this. On the other si
IGB 10Y Monthly/Weekly UpdateIGB 10Y closed ~24bps higher compared to the previous month(9 bps higher on Weekly basis) to settle slightly above 7.20%, for the first time in last two years. The rising long term global yields, especially across developed economies, due to the further rate hike expectations fueled by higher inflation numbers is the major contributor for the same. Further higher fiscal deficit across developed economies is also causing the concern.
On the domestic front, Wednesday's MPC is the key event to wat
NIFTY will get even weaker below 22200 level!As we can see NIFTY fell unidirectionally and has taken support from the previous swing. Now, we can see NIFTY has much space to cover and also in Monthly TF, we can see NIFTY forming more like a head and shoulders pattern which is huge sign of bearishness. Hence as long as we are above 22200, we can expect NIFTY to show some short covering. So plan your trades accordingly and keep watching everyone.























