Indian markets remained range-bound last week, with the Nifty ending on a flat note. Participants stayed cautious as volatility showed early signs of revival, with India VIX inching up to 11.37.
◉ Technical Setup
From a technical standpoint, the index briefly slipped below the rising wedge support, but the move failed to attract strong selling pressure. Nifty continues to consolidate in a narrow band, suggesting indecision rather than a trend reversal.
This phase of consolidation is likely to extend into the coming week unless key levels are breached.
◉ Key Levels to Watch
The broader structure remains unchanged from last week.
Resistance: 26,000–26,100
Strong call writing in this zone makes it a tough hurdle.
Support: 25,500–25,400
A solid put base is visible here, offering near-term support.
A decisive break below 25,400 could open the door for a sharp downside move, pulling the index closer to 25,000.
◉ Key Triggers for the Week
Q3 Earnings Season – Results from large and mid-cap companies across sectors will guide stock-specific action and influence overall market sentiment.
India–US Trade Deal – Comments or policy moves around trade negotiations, especially related to agricultural tariffs, could impact sentiment and sectoral stocks.
◉ Weekly Outlook
The near-term outlook remains neutral, with Nifty expected to trade within a defined range until a decisive breakout or breakdown occurs.
◉ Trader’s Insight
Until Nifty decisively holds above 26,000, aggressive long positions across the board should be avoided. A selective, stock-specific approach, backed by strict risk management, is better suited to the current market environment.
◉ Technical Setup
From a technical standpoint, the index briefly slipped below the rising wedge support, but the move failed to attract strong selling pressure. Nifty continues to consolidate in a narrow band, suggesting indecision rather than a trend reversal.
This phase of consolidation is likely to extend into the coming week unless key levels are breached.
◉ Key Levels to Watch
The broader structure remains unchanged from last week.
Resistance: 26,000–26,100
Strong call writing in this zone makes it a tough hurdle.
Support: 25,500–25,400
A solid put base is visible here, offering near-term support.
A decisive break below 25,400 could open the door for a sharp downside move, pulling the index closer to 25,000.
◉ Key Triggers for the Week
Q3 Earnings Season – Results from large and mid-cap companies across sectors will guide stock-specific action and influence overall market sentiment.
India–US Trade Deal – Comments or policy moves around trade negotiations, especially related to agricultural tariffs, could impact sentiment and sectoral stocks.
◉ Weekly Outlook
The near-term outlook remains neutral, with Nifty expected to trade within a defined range until a decisive breakout or breakdown occurs.
◉ Trader’s Insight
Until Nifty decisively holds above 26,000, aggressive long positions across the board should be avoided. A selective, stock-specific approach, backed by strict risk management, is better suited to the current market environment.
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🌐 goodluckcapital.com
🎖️ SEBI registered INH300006582
🎖️ CMT(usa) & CFTe(usa) chartered
🎖️ NSE certified professionals
📈 Trading and Investment Advice
t.me/GoodluckCapital
🤝 Contact Us
bio.link/GoodluckCapital
🎖️ SEBI registered INH300006582
🎖️ CMT(usa) & CFTe(usa) chartered
🎖️ NSE certified professionals
📈 Trading and Investment Advice
t.me/GoodluckCapital
🤝 Contact Us
bio.link/GoodluckCapital
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คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
