Nifty RSI analysis

Nifty Breaks Key Support as Volatility Rises; Bears Maintain Control

Created March 13, 2026
Author Dhupesh Dhameja
Reading Time: 2 minutes

Nifty Extends Decline Amid Persistent Selling PressureThe Nifty 50 index continued its downward trend, closing at 23,639.15, down 227.70 points (-0.95%) as sustained selling pressure kept the market on the defensive.The index has now breached its crucial support level of 23,800 and failed to recl...

Nifty Recovers from Intraday Lows but Trend Remains Cautious; Bank Nifty Eyes Resistance Near 60,000

Created March 5, 2026
Author Om Mehra
Reading Time: 2 minutes

Nifty Rebounds 1.17% After Recent DeclineThe Nifty 50 index staged a notable recovery in the latest trading session, closing at 24,765.90, up 1.17%, after bouncing back from an intraday low near 24,529. The index opened on a firm note and gradually extended its gains throughout the day, ending in...

Nifty Stabilises Above Key Supports; Momentum Builds for Further Upside

Created January 28, 2026
Author Dhupesh Dhameja
Reading Time: 2 minutes

Market RecapThe Nifty 50 index staged a tactical rebound from its key support zone, reclaiming the 200-day exponential moving average (EMA) and providing temporary relief to market participants. The index has successfully carved out a meaningful base in the 24,900–25,000 range, which coincides wi...

Nifty Attempts Base Formation After Recent Correction; Banking Indices Show Stabilisation

Created January 28, 2026
Author Om Mehra
Reading Time: 2 minutes

Indian equity benchmarks showed signs of stabilisation after the recent corrective phase, with both Nifty 50 and Nifty Bank rebounding from lower levels. While volatility remains elevated, technical indicators suggest that selling pressure is gradually easing, and the indices are attempting to fo...

Nifty Clings to 50-DMA Support; Lower Highs Continue to Dominate – Range-Bound Trade Likely

Created December 10, 2025
Author Dhupesh Dhameja
Reading Time: 2 minutes

The Nifty index attempted a mild rebound after testing its medium-term support levels, but the recovery lacked strength and failed to signal any meaningful trend reversal. The benchmark continues to form lower highs, reflecting persistent weakness at higher levels. Adding to the caution, the inde...