NIFTY50.....Miss a final sell-off! Part IIHello Traders,
the NIFTY50 is on track with my forecast! It declined over the course of the week to a level of 24565 points - a loss of almost 271 points, (nearly 1.09%).
The question is, if N50 is declining lower in the coming week. The question is, to what degree will it decline ?
Chart analysis
About Nifty 50 Index
NIFTY 50 is the main index for the National Stock Exchange of India (NSE). It tracks the performance of the top 50 stocks by market capitalization from 13 sectors of the Indian economy. With such a relatively small number of companies within the index it still represents over 60% of the free float market capitalization of the stocks listed on NSE, and serves as a benchmark for fund portfolios and index funds. The list of the NIFTY 50 Index constituents is rescheduled every 6 month.
Related indices
Forecasting the Movement of NIFTY50As previously mentioned, the NIFTY50 index is in the process of completing a diametric pattern. The news of the U.S. imposing tariffs on imports from India has already impacted the chart. Therefore, I believe the g-wave of the diametric will transform into a reverse contracting triangle, and the ant
#Nifty directions and levels for August 4th:Good morning, friends! 🌞
Here are the market directions and levels for August 4th:
The global market (based on the Dow Jones) has shown a moderately bearish sentiment,
while the local market continues to display a bearish tone. However, today, Gift Nifty indicates a positive opening.
What can we
Intraday Setup for Tuesday 05 August Market Structure Over Sentiment
The market is currently trading in a confusing zone, especially with negative global sentiment in the backdrop. But remember — that sentiment only matters if the Friday hourly low breaks. Until then, stay technical, stay objective
🧭 Market Structure Overview:
Daily
#Nifty directions and levels for July 30th:Good morning, friends! 🌞
Here are the market directions and levels for July 30th:
There have been no major changes in the global market. The global sentiment remains moderately bullish,
while the local market continues to show a bearish tone.
Today, Gift Nifty indicates a gap-down opening of aroun
Weekly Market Wrap – Nifty Slides, Global Sentiment WeakensNifty ended the week on a bearish note, closing at 24,565, down 270 points or nearly 1.1% from last week's close. It touched a high of 24,956 and a low of 24,535, perfectly respecting the range I shared last week: 25,300–24,400.
As I highlighted earlier, the inverted hammer formation gave the bear
From Demand to Glory: Nifty’s Bullish March to 25,220 Nifty Bullish Outlook
-Current Price: 24,905 (approx)
- Key Demand Zone: 24,620 – 24,660
- Key Supply Zone: 25,200 – 25,240
Technical View
- Strong Demand Bounce: Nifty reversed sharply from the demand zone (24,620–24,660),
indicating strong buying interest.
- Trend Breakout Potential: Pric
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current value of Nifty 50 Index is 24,596.15 INR — it has risen by 0.09% in the past 24 hours. Track the index more closely on the Nifty 50 Index chart.
Nifty 50 Index reached its highest quote on Sep 27, 2024 — 26,277.35 INR. See more data on the Nifty 50 Index chart.
The lowest ever quote of Nifty 50 Index is 279.00 INR. It was reached on Jul 3, 1990. See more data on the Nifty 50 Index chart.
Nifty 50 Index value has decreased by −0.19% in the past week, since last month it has shown a −3.27% decrease, and over the year it's increased by 1.26%. Keep track of all changes on the Nifty 50 Index chart.
The top companies of Nifty 50 Index are NSE:RELIANCE, NSE:HDFCBANK, and NSE:BHARTIARTL — they can boast market cap of 214.82 B INR, 173.40 B INR, and 125.32 B INR accordingly.
The highest-priced instruments on Nifty 50 Index are NSE:MARUTI, NSE:ULTRACEMCO, and NSE:BAJAJ_AUTO — they'll cost you 12,632.00 INR, 12,273.00 INR, and 8,229.00 INR accordingly.
The champion of Nifty 50 Index is NSE:BAJFINANCE — it's gained 33.20% over the year.
The weakest component of Nifty 50 Index is NSE:INDUSINDBK — it's lost −41.96% over the year.
Nifty 50 Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy Nifty 50 Index futures or funds or invest in its components.
The Nifty 50 Index is comprised of 50 instruments including NSE:RELIANCE, NSE:HDFCBANK, NSE:BHARTIARTL and others. See the full list of Nifty 50 Index components to find more opportunities.