Trend Overview
Nifty 50 is trading above all key moving averages (20, 50, 100, and 200 EMA) – a strong sign of bullish momentum.
The index has recently bounced from the short-term EMAs and is steadily climbing.
✅ Price structure: Higher lows and higher highs – bullish pattern
✅ EMAs: 20 EMA > 50 EMA > 100 EMA > 200 EMA – perfect bullish alignment
✅ RSI: Around 60, rising and still below the overbought zone (70) – room for upside
BUY VIEW (Bullish Bias)
If Nifty sustains above 25,200 – 25,250, buying on dips is favourable.
Entry Zone: 25,200 – 25,300
Stop Loss: 25,000 (below 20 & 50 EMA and recent swing low)
Targets:
- 25,450 (near-term resistance)
- 25,600 / 25,700 (breakout target)
- 26,000+ (if breakout is strong)
SELL VIEW (Only if weakness appears)
A sell trade is valid only if Nifty breaks below 25,000 with strong volume.
Breakdown Level: Below 25,000
Stop Loss: 25,200
Targets:
- 24,800 (50 EMA support)
- 24,600 (100 EMA)
24,400 (major support zone)
Key Technical Signals
- Volume: Slightly subdued – breakout needs stronger participation.
- RSI Rising: Indicates buyers are gaining control.
- Support Zone: 25,000 – 24,900 is a solid demand area.
- Resistance Zone: 25,450 – 25,600.
Conclusion
The overall setup is bullish, and the market favors buying on dips rather than shorting.
Only a decisive break below 25,000 will change the sentiment. ✅ Current Trend: Bullish
✅ Preferred Strategy: Buy on dips
✅ Risk Management: Keep tight stop loss at 25,000
My Expert View:
All key signals are supporting the upside:
- Price is above 20, 50, 100 and 200 EMA
- EMAs are in perfect bullish alignment
- RSI is rising and still below overbought zone
- Price has rebounded strongly from support
- Structure is higher highs, higher lows
There is no sign of trend reversal yet.
Traders should prefer BUY on Monday, not SELL.
Selling should be avoided unless the market clearly breaks support.
Disclaimer
The views and analysis provided above are for educational and informational purposes only and should not be considered as financial or investment advice. Trading and investing in the stock market involve risk, and past performance does not guarantee future results.
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