nifty technical analysis

Stock Market today: Nifty Records Sharpest Budget Day Fall Since 2020; Volatility Spikes

Market Snapshot: Budget Day Sell-Off Shakes SentimentIndian equities witnessed one of the sharpest Budget Day declines in recent years, with the Nifty 50 tumbling 1.96% to close at 24,825.45. The fall marks the steepest Budget Day drawdown post-2020, reflecting heightened nervousness and aggressi...

Nifty Holds 200-DMA Ahead of Union Budget as Base Formation Strengthens Bullish Bias

The Indian equity market remained cautious ahead of the highly anticipated Union Budget, with the Nifty 50 index trading in a narrow range and closing marginally lower. Despite the lack of strong directional momentum, the index displayed notable resilience by holding firmly above its 200-day movi...

Stock Market Today: Nifty Defends 200-DMA; Base Near 25,000 Signals Gradual Trend Reversal

Market RecapThe Nifty 50 staged a meaningful rebound from its critical support zone, successfully defending the 200-day moving average (DMA) and gradually shifting the near-term bias in favour of the bulls. A strong base has now formed in the 24,900–25,000 region, which coincides with the 200-DMA...

Stock Market Today: Nifty Edges Higher as Budget Anticipation Caps Upside; Volatility Likely

Market Recap – Nifty 50The Nifty 50 edged modestly higher, closing at 25,418.90, up 0.30%, as cautious optimism prevailed ahead of the upcoming Union Budget. The index formed a bullish candle with a long lower wick, signalling that buyers continue to defend lower levels and that short- to medium-...

Nifty’s Downtrend Deepens: Failure Near 200-DEMA Keeps Sell-on-Rise Bias Intact

Market RecapThe Nifty 50 index remained under sustained selling pressure throughout the week, showing no meaningful signs of recovery and ending on a decisively weak note. The index formed a bearish Marubozu candlestick on the weekly chart, clearly reflecting strong bearish control and persistent...

Nifty Struggles for Direction as Bears Retain Control

The benchmark Nifty 50 extended its corrective phase for another session, ending 0.42% lower at 25,585.50, as selling pressure persisted across the board. The index continues to lack directional clarity, with bears firmly maintaining control near higher levels and buyers showing little conviction...

Nifty Remains Range-Bound Amid Persistent Selling Pressure; Breakout Key Above 26,000

The Nifty index continues to struggle for direction, remaining trapped in a narrow trading range amid persistent selling pressure at higher levels. Despite occasional bouts of short covering, the benchmark has failed to generate sustained buying momentum, keeping the near-term outlook cautious. M...

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 rallies over 320 points, forming a major bullish reversal candle; poised for new lifetime highs

Nifty staged a powerful comeback, recording its biggest single-day gain in nearly four months as expectations of further rate cuts and strong buying in heavyweights fuelled sentiment. The index entirely erased the last three sessions of declines with a decisive bullish engulfing formation, reaffi...

Bulls Lose Momentum as Nifty Posts Muted Expiry; Critical Support Retest Signals Caution

The Nifty index ended the November expiry on a subdued note, marking its third straight negative session as measured profit-taking dragged the market lower. Persistent follow-through selling below the 26,000 mark reflected a precise cooling of bullish momentum, pushing the index closer to a criti...

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...

Bulls Dominate October Series: Nifty & Bank Nifty Rally Over 5% as FPIs Unwind Shorts, Setting Up a Bullish November

Strong October Series: Bulls Take Full ControlThe October derivatives series ended on a powerful note, with Nifty and Bank Nifty rallying 5.38% and 6.55%, respectively. The uptrend was driven primarily by aggressive short covering from Foreign Portfolio Investors (FPIs) and proprietary traders, s...

Nifty Holds Ground, Nifty Bank Regains Momentum

 Nifty Pauses After Sharp RallyThe Nifty 50 index ended the session slightly lower at 25,936.20, slipping 0.11%, after a narrow-range session that highlighted mild indecision among traders. The index formed a doji candle on the daily chart — a classic sign of temporary equilibrium between buyers ...

What is the Nifty 50?

If you have been looking for the answer to what the Nifty 50 is, you’re not alone. Most investors starting their journey in the stock market begin by understanding this key index and comparing it to the Sensex. The Nifty 50 is one of India’s major stock market indices. It is designed to represent...