Markets are tightening. Levels are respected. Volatility is building.
NIFTY – RANGE STILL INTACT
Close: 25,571 (+100)
High: 25,885 | Low: 25,372
Nifty continues to respect the broader 26,000–24,900 range.
On weekly charts, we now have an Inverted Hammer / Shooting Star near resistance, reinforcing supply near 26,000.
Market Regime:
Short-term: Sideways
Medium-term: Corrective consolidation
As long as 26,000 remains intact, this is not a breakout market.
NIFTY LEVEL MAP
Expected Range: 26,100 – 25,000
Below 25,300 (1-hour close):
→ 25,000 / 24,900
Above 25,700 (2-hour sustain):
→ 26,000 / 26,100
Mid-week volatility likely. Compression across timeframes suggests expansion soon.
NIFTY IT – STRUCTURAL WEAKNESS
IT Index looks capable of testing Monthly EMA100 (~28,173).
That implies potential for another ~3,000-point move before durable base forms.
Important:
Wait for stabilization
Let monthly close confirm
Avoid premature bottom fishing
Narratives can overshoot. Structure must confirm.
BANK NIFTY – LEADERSHIP SHIFT?
Weekly close: 61,000 reclaimed
Bullish engulfing candle + reclaim of major resistance.
Above 61,000:
→ 61,600 / 62,000 / 62,300 (Fib)
Below 61,000:
→ 60,000 / 59,600
If banks sustain strength while Nifty remains range-bound, leadership may rotate toward financials.
Expected range: 61,450 – 58,900
S&P 500 – DEFENDED SUPPORT, BUT FATIGUE BUILDING
Close: 6,909
Support zone 6,770–6,800 tested for the 4th time in 2 months.
The more a support is tested, the weaker it becomes.
Breakout:
Weekly close above 6,970
Breakdown:
Weekly close below 6,770
Until then → range-bound.
But compression rarely lasts long.
FINAL TAKE
Nifty: Range-bound
Bank Nifty: Showing strength
IT: Still weak
US: At inflection
Expansion likely within 1–2 weeks.
Respect levels. React, don’t predict.
📢 Important Update
After sharing my weekly views free for nearly two years, I plan to launch a more structured Premium Weekly Edition soon with deeper analysis and clearer decision frameworks.
Free updates will continue. More details soon.
NIFTY – RANGE STILL INTACT
Close: 25,571 (+100)
High: 25,885 | Low: 25,372
Nifty continues to respect the broader 26,000–24,900 range.
On weekly charts, we now have an Inverted Hammer / Shooting Star near resistance, reinforcing supply near 26,000.
Market Regime:
Short-term: Sideways
Medium-term: Corrective consolidation
As long as 26,000 remains intact, this is not a breakout market.
NIFTY LEVEL MAP
Expected Range: 26,100 – 25,000
Below 25,300 (1-hour close):
→ 25,000 / 24,900
Above 25,700 (2-hour sustain):
→ 26,000 / 26,100
Mid-week volatility likely. Compression across timeframes suggests expansion soon.
NIFTY IT – STRUCTURAL WEAKNESS
IT Index looks capable of testing Monthly EMA100 (~28,173).
That implies potential for another ~3,000-point move before durable base forms.
Important:
Wait for stabilization
Let monthly close confirm
Avoid premature bottom fishing
Narratives can overshoot. Structure must confirm.
BANK NIFTY – LEADERSHIP SHIFT?
Weekly close: 61,000 reclaimed
Bullish engulfing candle + reclaim of major resistance.
Above 61,000:
→ 61,600 / 62,000 / 62,300 (Fib)
Below 61,000:
→ 60,000 / 59,600
If banks sustain strength while Nifty remains range-bound, leadership may rotate toward financials.
Expected range: 61,450 – 58,900
S&P 500 – DEFENDED SUPPORT, BUT FATIGUE BUILDING
Close: 6,909
Support zone 6,770–6,800 tested for the 4th time in 2 months.
The more a support is tested, the weaker it becomes.
Breakout:
Weekly close above 6,970
Breakdown:
Weekly close below 6,770
Until then → range-bound.
But compression rarely lasts long.
FINAL TAKE
Nifty: Range-bound
Bank Nifty: Showing strength
IT: Still weak
US: At inflection
Expansion likely within 1–2 weeks.
Respect levels. React, don’t predict.
📢 Important Update
After sharing my weekly views free for nearly two years, I plan to launch a more structured Premium Weekly Edition soon with deeper analysis and clearer decision frameworks.
Free updates will continue. More details soon.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.