GIFT NIFTY – Major Support Breakdown SetupGIFT NIFTY is currently testing a major support zone around 23,000–23,050, which also coincides with the earlier gap-support area.
A long-legged spinning candle has formed around this support, indicating indecision at a critical level. However, the broader structure remains weak, with price having
Compare with S&P CNX NIFTY INDEX FUTURES
NIFTY Futures — Elliott Wave Count: Wave 5 Downside SetupThe chart presents a larger ABC corrective structure from the previous high, with the current decline developing as the next impulsive leg.
Short term - Bullish...
Elliott Wave Structure
* Wave A: The initial major decline from the ~26,500 area toward 22,050, completing the first leg of the cor
Plan for 1st October 2026 Nifty future and banknifty future analysis and intraday plan.
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please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The nearest expiration date for S&P CNX NIFTY INDEX FUTURES is Oct 29, 2020.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell S&P CNX NIFTY INDEX FUTURES before Oct 29, 2020.









