After taking trendline support, Nifty 50 rallied strongly up to 25441, while we were eyeing the 25600 target.
However, sentiment turned cautious due to Trump’s Tariff War headlines and the H1B1 Visa issue. Despite these global triggers, the market structure remains bullish.
🔍 Key Observations:
✅ Market held EMA 8 support – bullish sign.
🏗️ Today’s Eight Core Industries data came in strong, supporting the recovery view.
🛡️ Recent low formed on a mitigation block – a positive technical sign.
📈 Nifty may look for a bounce back toward 25300 in the short term.
⚠️ Bias: Still bullish as long as EMA 8 support is respected.
#Nifty50 #IndianStockMarket #TechnicalAnalysis #EMA #PriceAction #SmartMoneyConcepts #NiftyUpdate #MarketNews #TariffWar #VisaNews #MitigationBlock #TrueDirections1
However, sentiment turned cautious due to Trump’s Tariff War headlines and the H1B1 Visa issue. Despite these global triggers, the market structure remains bullish.
🔍 Key Observations:
✅ Market held EMA 8 support – bullish sign.
🏗️ Today’s Eight Core Industries data came in strong, supporting the recovery view.
🛡️ Recent low formed on a mitigation block – a positive technical sign.
📈 Nifty may look for a bounce back toward 25300 in the short term.
⚠️ Bias: Still bullish as long as EMA 8 support is respected.
#Nifty50 #IndianStockMarket #TechnicalAnalysis #EMA #PriceAction #SmartMoneyConcepts #NiftyUpdate #MarketNews #TariffWar #VisaNews #MitigationBlock #TrueDirections1
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Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.