Nifty resistance levels

Nifty Slips Into Indecision After Failed Follow-Through; Demand Zone Faces Crucial Test

The Nifty 50 once again slipped into a phase of indecision, failing to sustain Friday’s sharp rebound as the index lacked meaningful follow-through in the next session. The benchmark ended Monday’s trade below the previous day’s low, forming a lower-high structure, a clear sign of near-term fatig...

Nifty rebounds from demand zones to log a solid breakout, keeping the uptrend firmly intact

Nifty wrapped up the week on a strong note, rebounding steadily from lower zones, reinforcing a continuation pattern that supports further upside. The index closed decisively above the highs of the last three sessions, signalling a clear revival in bullish sentiment, aided by the positive monetar...

Nifty Loses Steam for Third Straight Session; Consolidation Deepens Near Fibonacci Support

The Nifty index extended its corrective phase for the third consecutive session on Wednesday, reflecting a steady loss of momentum amid persistent selling pressure at higher levels. The benchmark continues to hover near a cluster of critical support zones even as overhead resistance caps every mi...

Nifty Extends Decline; Index Near 26,000 as It Navigates a Crucial Reversal Zone

The Nifty index continued to face mild profit-taking as selling pressure emerged at higher levels, keeping underlying market strength subdued. The benchmark now trades at a pivotal make-or-break juncture, where price action remains confined to a narrow consolidation phase. Despite this sideways m...

Nifty Gains Momentum as Nifty Bank Scales a New Record High

The Indian equity market extended its upward trajectory, with both the Nifty and the Nifty Bank posting healthy gains, with the latter hitting a fresh all-time high. The overall sentiment remained firmly positive, supported by strong technical structure, declining volatility, and sustained buying...

Nifty Extends Winning Streak Ahead of Bihar Polls; Breakout Above 25,950 Fuels Bullish Momentum

The Nifty index opened with a strong gap-up. It maintained upward momentum throughout the session ahead of the Bihar election outcome, marking its fourth straight day of gains and signalling a notable turnaround in market sentiment.The index successfully crossed the crucial resistance of 25,800, ...

Nifty Slips Below Key Supports; Double-Top Breakdown Hints at Extended Weakness

The Nifty 50 index continued its corrective trajectory, signaling the potential for deeper declines after confirming a breakdown from its double-top pattern. The index failed to close above the previous day’s high for the fourth consecutive session, underlining persistent selling pressure and rei...