Nifty 50 Index (30-minute timeframe) with Fibonacci retracement levels and RSI indicator, here is a detailed Target, Stop Loss, and Technical Analysis along with Support & Resistance levels for Short-term and Medium-term view:
🔍 Technical View (Chart Analysis) Current Market Price (CMP): 25,496
Fibonacci Levels:
0.618 Level (Resistance): 25,822
0.5 Level (Current Resistance): 25,666
0.0 Level (Support): 25,003
Price Action:
Price is currently consolidating just below the 50% Fibonacci retracement level.
There was a recent bounce from 25,003 support zone, suggesting buying interest at lower levels.
RSI Indicator:
RSI is near neutral zone (~50), showing no strong momentum.
RSI previously bounced from oversold (~30), indicating short-term recovery.
🎯 Short-Term View (1–7 Days) Support Levels:
First Support: 25,300–25,350
Strong Support: 25,003 (Fibonacci 0 level)
Resistance Levels:
Immediate Resistance: 25,666 (0.5 Fib Level)
Strong Resistance: 25,822 (0.618 Fib Level)
Strategy:
Buy near 25,300–25,350 with bounce confirmation.
Target: 25,660 – 25,820
Stop Loss: Below 25,200
⏳ Medium-Term View (1–3 Weeks) Support Zone: 25,000 – 25,200
Upside Potential: If 25,820 is breached, next leg could test 26,000+ levels.
RSI showing early signs of reversal, but medium-term confirmation needed via price holding above 25,666.
Medium-Term Strategy:
Buy on Dip Strategy
Target: 25,900 – 26,100 (if breakout above 25,822 holds)
Stop Loss: 24,980 (below recent swing low)
📌 Summary: View Action Entry Zone Target Stop Loss Short-Term Buy on Dip 25,300–25,350 25,660 – 25,820 Below 25,200 Medium-Term Buy On Close Above 25,666 25,900 – 26,100 Below 25,000
Nifty 50 Index – Long-Term View (1–3 Months) (Using current chart and broader market analysis)
🧭 Technical Outlook (Weekly Trend) Primary Trend: Bullish
The overall trend in Nifty 50 remains positive on higher timeframes, supported by higher highs and higher lows on the weekly chart.
Fibonacci View:
Nifty has retraced to 0.5 and 0.618 Fibonacci levels, which are typical pullback zones in a bullish trend.
Sustaining above 25,000 suggests this is a healthy correction, not a trend reversal.
Chart Signals:
Strong support at 25,000 zone (Fibonacci base).
If price breaks above 25,822, it confirms continuation of the uptrend.
RSI on longer timeframe likely remains above 50, indicating bullish strength.
🏦 Fundamental Support for Long-Term Bullish View Macro Economy:
Indian GDP growth remains strong.
Stable inflation and policy support from RBI.
FII inflows and corporate earnings are supporting broader indices.
Sectors Leading the Rally:
Banks, IT, Infrastructure, and FMCG are contributing to Nifty strength.
Capex cycle revival and domestic consumption are tailwinds.
📌 Long-Term Key Levels Type Level (Zone) Explanation Major Support 24,800 – 25,000 Fibonacci 0 level + past breakout area Major Resistance 25,822 – 26,000 0.618 Fib level & psychological resistance Breakout Zone Above 26,000 Opens upside to 26,300–26,800
🎯 Long-Term Strategy (1–3 Months) ✅ Positional Buy Zone: Around 25,000–25,200
🎯 Target 1: 25,822
🎯 Target 2: 26,300
🎯 Target 3 (Extended): 26,800
❌ Stop Loss: Weekly close below 24,800
📝 Final View: Trend: Bullish with healthy consolidation.
Buy-on-dip remains the best approach.
Break above 25,822 will invite fresh long positions and may trigger a new all-time high move.
Long-term investors can accumulate quality Nifty stocks or ETFs with stop loss discipline.
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