rajanbit1

rajanbit1

Chart Type: Daily (1D) Index: Nifty 50 (NSE) Current Price: ₹24,866 Date: June 12, 2025 🔍 Technical Analysis: Rising Channel: Nifty 50 is trading within a well-defined ascending channel. The recent price action shows a strong bounce from the lower channel trendline, but today's candle indicates rejection near the upper boundary around ₹25,300. Resistance...

rajanbit1

Nifty 50 is trading at 25,175, staying strong inside a rising parallel channel since early April. Price action is consolidating just below the key resistance zone at 25,301, which is also the upper boundary of the channel. Key Levels: 🔼 Resistance Levels: 25,301 – Immediate resistance (channel top) 25,500+ – Possible breakout target if channel is breached 🔽...

rajanbit1

Bank Nifty is consolidating in a tight range between 54,000–56,000 . A sustained breakout above 56K can trigger a bullish rally, while a break below 54K may lead to a healthy correction towards 51,200, which coincides with the 200-day moving average and a gap zone (51,800–51,200). Key levels are aligned with both price structure and long-term indicators—worth...

rajanbit1

📊 Nifty 50 Daily Chart Analysis **Chart Summary (as of May 13, 2025):** 1. **Index Price:** Nifty 50 is trading around **24,683.90**, showing a significant drop of **-346.35 points (-1.39%)**. 2. **Trendlines:** * A **long-term downtrend line** has been broken recently, indicating a **bullish breakout**. * Post-breakout, the price formed an...