Nifty 24450 (27-Feb-2026 25571 )
Nifty dipped to 24311 last week touched 24982 high last week and closed at 24450.
The nifty dropped due to the war in middle east between israel and iran with closing of gulf of homurz affecting middle east countries.
apart from oil tanker movement in gulf of homurz, essential goods movement also affected, Entire flight operation stopped.
crude price ( brent) skyrocketed from 70 usd to 93 usd.
gold reduced slightly and currently in 5171 usd / Ounce
Nifty Bank fropped from 61172 to 57780 in two weeks
RSI 33%, MACD in negative, Stochastic is at 9%, all three are in oversold situation.
As still global tension prevails (war in middleast), high volatility is expected, use this opportunity to buy slowly.
As far as India is concerned, economy is moderate.
The Nifty 500 stocks have shown a mix of performance in Q3 FY25-26. Many stocks have performed well, while others have lagged.
Some stocks to watchout for 8-mar-26
sbi HDFC Bank icici bank TCS Infosys tata steel Bajaj fin(for large cap and stability) Muthoot finance south Indian bank Karnataka bank union bank coforge Persistent system, Waaree Energies , CPCL , BPCL, NMDC, Apar, Sharda Crop, apl apollo tubes, nalco, bank of mah & lupin
As i am emphasizing for more than 3 months now, that the situation is highly Volatile, SIP route or buy in multiple parcel route (On Dips) with a goal of 3-5 years ( Medium to Long term) will workout.
All the above stocks can be considered slowly ( as multiple parcels) in case of stock price has fallen.
Considering the global situation, diversify the portfolio with Debt and liquid fund ( approx 10-15% portfolio) and 10-20% in Gold for Year 2026, this funds ( especially liquid funds will create funds availability for further buying opportunity incase of market dips like a Systematic transfer plan.
Nifty Short Term Supports :
24000 -24200-24340
Short Term Resistance ( multiple resistance from 24900 to 25600)
24900 (Trend Line as shown)
25000
25200 ( 25154 Aug 2025 high)
25360-25420 ( Sep high and trendline support as shown in chart)
25300-25350 (Two Fibonacci resistance shown ) - Major Support
Hence 25300- 25420 acts as major short term support.
25450 ( 25442 is the Aug 2025 high)
25500 ( 25441 Sep 18th 2025 High )
Med Term Resistance ( Many from 25000-26320)
1.26329 ( All time High)
2.26000
3. 25670 (Jun 2025 High)
Medium Term Support:
1. 24000-24170 (Fibonacci Retracements Supports- Two Supports in this zone 24116 & 24171 as shown)
2. 23500-23800 (Fibonacci Retracements Supports- Two Supports in this zone 23608 & 23707 as shown)
long Term Resistance:
26500
26700 ( Finonacci 1.618 as shown in graph)
27000 ( Need to decisively break 26269 all time high) This resistance is based on Fibonacci resistance at 27034
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 dipped to 24311 last week touched 24982 high last week and closed at 24450.
The nifty dropped due to the war in middle east between israel and iran with closing of gulf of homurz affecting middle east countries.
apart from oil tanker movement in gulf of homurz, essential goods movement also affected, Entire flight operation stopped.
crude price ( brent) skyrocketed from 70 usd to 93 usd.
gold reduced slightly and currently in 5171 usd / Ounce
Nifty Bank fropped from 61172 to 57780 in two weeks
RSI 33%, MACD in negative, Stochastic is at 9%, all three are in oversold situation.
As still global tension prevails (war in middleast), high volatility is expected, use this opportunity to buy slowly.
As far as India is concerned, economy is moderate.
The Nifty 500 stocks have shown a mix of performance in Q3 FY25-26. Many stocks have performed well, while others have lagged.
Some stocks to watchout for 8-mar-26
sbi HDFC Bank icici bank TCS Infosys tata steel Bajaj fin(for large cap and stability) Muthoot finance south Indian bank Karnataka bank union bank coforge Persistent system, Waaree Energies , CPCL , BPCL, NMDC, Apar, Sharda Crop, apl apollo tubes, nalco, bank of mah & lupin
As i am emphasizing for more than 3 months now, that the situation is highly Volatile, SIP route or buy in multiple parcel route (On Dips) with a goal of 3-5 years ( Medium to Long term) will workout.
All the above stocks can be considered slowly ( as multiple parcels) in case of stock price has fallen.
Considering the global situation, diversify the portfolio with Debt and liquid fund ( approx 10-15% portfolio) and 10-20% in Gold for Year 2026, this funds ( especially liquid funds will create funds availability for further buying opportunity incase of market dips like a Systematic transfer plan.
Nifty Short Term Supports :
24000 -24200-24340
Short Term Resistance ( multiple resistance from 24900 to 25600)
24900 (Trend Line as shown)
25000
25200 ( 25154 Aug 2025 high)
25360-25420 ( Sep high and trendline support as shown in chart)
25300-25350 (Two Fibonacci resistance shown ) - Major Support
Hence 25300- 25420 acts as major short term support.
25450 ( 25442 is the Aug 2025 high)
25500 ( 25441 Sep 18th 2025 High )
Med Term Resistance ( Many from 25000-26320)
1.26329 ( All time High)
2.26000
3. 25670 (Jun 2025 High)
Medium Term Support:
1. 24000-24170 (Fibonacci Retracements Supports- Two Supports in this zone 24116 & 24171 as shown)
2. 23500-23800 (Fibonacci Retracements Supports- Two Supports in this zone 23608 & 23707 as shown)
long Term Resistance:
26500
26700 ( Finonacci 1.618 as shown in graph)
27000 ( Need to decisively break 26269 all time high) This resistance is based on Fibonacci resistance at 27034
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)
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน