Nifty levels - May 30, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
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NIFTY trade ideas
Nifty Might Give around 2 % correction in short TermWhy are we expecting Short Term Correction near 24200-24300 why?
30 August 2024 volume 638.13 million
25 November 2024 volume 687.13 million
28 May 2025 Volume 684.74 million
No.1 In near term past whenever a red or Doji candle forming on daily chart volume traded above 680 million, we had seen around 2 -3 % fall.
No.2 strong 50 EMA support
No.3 Nifty want to fill gap
No.4 Double Top Near 25000 level
This analysis is based on daily Chart, it's just assumption pls trade on your own Risk
#NIFTY Intraday Support and Resistance Levels - 29/05/2025Today, Nifty is expected to open flat near the 24750 level. If it sustains above the 24750–24800 zone, a bullish move is possible with upside targets at 24850, 24900, and 24950+.
Further rally may be seen if Nifty breaks above the 25000 level, aiming for extended targets of 25150, 25200, and 25250+.
On the downside, if Nifty slips below 24700, a bearish trend may unfold with downside targets at 24650, 24600, and 24550.
NIFTY 50
1. Ascending Channel:
Nifty is trending within a clear upward (ascending) channel, indicating a bullish trend as long as the price stays within this channel.
2. Support & Resistance:
There is a strong support zone in the range of 24,000–24,200, highlighted by a red-shaded area on the chart.
The current level (24,752.45) is near the middle of the channel and showing signs of minor correction.
3. Two Possible Scenarios (Arrows):
Scenario 1: From the current level, the market could move towards the upper boundary of the channel (around 25,500–26,000).
Scenario 2: There could be a short-term correction (downward movement) first, followed by a bounce from the support zone and then an upward move.
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NIFTY 1W forecast until August 2025India's stock market is correcting now. The correction will be short and not deep - just a normal retest of 24,500 but should not make a weekly close below 24,250 during the first half of June 2025.
A major bullrun will start in the middle of June 2025. Slowly at first, but explosive during summer.
It will find its top in August 2025 at the level of 27,800
Here I publish 1W charts, for weekly 1D charts check my profile for more ways to keep in touch
#NIFTY Intraday Support and Resistance Levels - 27/05/2025Today, Nifty is expected to open flat near the 25000 level. If it sustains above 25000, we may see bullish momentum toward 25150, 25200, and 25250+. This level is a key breakout zone for further upside.
However, if Nifty fails to hold above 25000 and starts trading below the 24950–24900 zone, a short trade setup may trigger with downside targets of 24850, 24800, and 24750.
Further weakness will be confirmed only if Nifty breaks below 24750–24700, possibly extending the downside to 24600 and 24550.
#NIFTY Intraday Support and Resistance Levels - 26/05/2025Today, Nifty is expected to open with a gap-up near the 24950 level. If it sustains above the 24950–25000 zone, it can lead to bullish momentum with upside targets of 25150, 25200, and 25250+. A breakout above 25000 will act as a strong confirmation for further rally.
However, if Nifty fails to sustain above 24950 and slips below the 24900–24850 zone, a short trade opportunity may emerge with downside targets at 24800 and 24750.
Further weakness will be confirmed only if it breaks below 24700, which may drag the index down to 24600, 24550, and 24500.
NIFTY🧾 Updated Trade Plan
🔹 ENTRY 1: Momentum Buy near Daily Demand
Parameter Value
Entry 24,767
Stop Loss 24,180
Risk 587 pts
Target 30,471
RR Ratio ~1:5.2
Context At Daily Demand DMIP, but inside Weekly Supply → BUT IS ALREADY SWAP SO RISK IS MINIMAL
🔹 ENTRY 2: Precision Re-entry at Lower Daily Demand Edge
Parameter Value
Entry 24,164
Stop Loss 23,935
Risk 229 pts
Target 30,961
RR Ratio ~1:6.8
Context Lower edge of Daily DMIP + close to Weekly Short Trail (23,601) — Ideal pullback buy zone.
✅ Key Observations & Strategy
Criteria Assessment
MTF Demand Support ✅ Strong across all TFs
GANN Support Active ✅ Above 23,641
Weekly Supply Pressure ⚠️ Moderate
Entry 1 Risk (24,767) ⚠️ High – near resistance
Entry 2 Risk (24,164) ✅ Lower risk & strong RR
Ideal Strategy Scale in via Entry 2; trail aggressively if Entry 1 is taken
📌 Suggested Execution Plan
Aggressive Traders:
Enter at 24,767
SL: 24,180
Keep tight trail near 25,100–25,300
Positional / Safer Traders:
Wait for pullback to 24,164
SL: 23,935
Excellent RR; aligns with GANN long trail zone
Avoid Shorts unless price closes below 23,601, breaking structure + GANN support.
📊 NIFTY Multi-Timeframe Demand Zones
Timeframe Price Action Proximal Distal Average Trade Zone
Yearly Rally-Base-Rally 18,887 15,183 17,035 ✅ BUY
Half-Yearly Rally-Rally 21,801 18,837 20,319 ✅ BUY
Quarterly BUFL RBR 22,526 21,137 21,832 ✅ BUY
Monthly RBR 23,110 21,137 22,124 ✅ BUY
Weekly Demand DMIP 22,180 21,710 21,945 ✅ BUY
Weekly Supply SOE Engulfed 24,589 24,054 24,322 ⚠️ Supply
Daily Demand DMIP (LHS) 24,767 24,535 24,651 ✅ BUY
✅ Overall trend: MTF Bullish
⚠️ Current zone is within Weekly Supply — may cause temporary resistance.
🧮 GANN Key Levels
Signal Type Proximal Distal Average Action
Stay Long Above 23,870 23,412 23,641 ✅ Active
Stay Short Below 23,400 23,641 23,521 ❌ Not active
Current Short Trail 23,601 – – Below this = short bias
✅ Current price > 23,641 = GANN supports long trades.
Nifty feeling pressure, unable to sustain above 25K levels.Nifty not able to sustain levels above 25K is not a good news. Nifty has to sustain above 25094 level on daily and 25208 on weekly closing for further upward move. Market is not showing confidence due to daily tariff related news coming for global Power house US. So Volatility will remain for a while till everything falls in place.
Right now Nifty is resting near trend line support levels of 24731. If 24731 is broken Bears can drag Nifty towards 24469, 24067 (Mother line Support), 23899 or even 23637 (Father line support). If Nifty can sustain above 25094 then there is a possibility for up move towards 25208 or even 25446 levels. Things are delicately poised right now and proper Bear Vs Bull Tussle is going on.
Shadow of the candle is neutral to negative but any positive news on global front can change the tide in favour of Bulls.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work in future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Equity investment is subject to risks. I or my clients or family members might have positions in the stocks that we mention in our educational posts. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.
NIFTY - EW ANALYSIS. MULTIPLE TIMEFRAME. 🔍 NIFTY 50 Technical Analysis (Elliott Wave-Based)
🗓️ Chart Date: May 27, 2025 | 📈 Timeframe: Intraday/Short-term
🧭 Wave Structure Overview
Left Chart (Higher Timeframe View)
Wave I to V (impulse) is clearly completed, indicating the end of a bullish cycle.
The current correction phase has begun — ABC pattern:
✅ Wave A completed (sharp downside drop).
🔄 Wave B completed (retracement upward).
⏳ Wave C is in progress (impulsive fall expected).
Right Chart (Shorter Timeframe Confirmation)
The B-to-C leg is developing as a five-wave impulsive structure.
Currently, NIFTY is at the early phase of Wave III of C.
Trigger level:
📉 Below 24,720, the Wave 1 of BC is breached – confirming the breakdown.
Once confirmed, sharp fall expected in Waves III, IV, and V of C.
🎯 Key Levels
📍 Breakdown confirmation below: 24,720
🔻 Potential C wave targets (based on wave projection):
1st target: 24,300
2nd target: 23,800 zone
📈 Immediate resistance: 25,000 – 25,100 (wave B high)
💡 Trading View
Bias: Bearish (ABC correction underway)
Action Point: Start short trades once price breaks below 24,720.
Pattern Confidence: High, as both timeframes confirm wave structure.
📌 Summary
NIFTY has completed a 5-wave bullish structure and is now in a corrective ABC phase. The current B-C leg is unfolding as an impulsive 5-wave move. A breakdown below 24,720 will confirm aggressive selling in Wave C with potential to reach 23,800–24,300. Ideal setup for swing short trades once breakdown is confirmed.
⚠️ Disclaimer
This analysis is for educational purposes only and does not constitute financial advice. Trading involves risk; please consult with your financial advisor before making any decisions. The author assumes no responsibility for any losses incurred.
Nifty Analysis EOD – May 29, 2025 – Thursday🟢 Nifty Analysis EOD – May 29, 2025 – Thursday 🔴
Tricky Expiry Day Rollout… Catch or Caught?
🗞 Nifty Summary:
Nifty opened with a gap-up of 88 points at 24,846, making a quick move to 24,889.70—but the bulls couldn’t hold for long. By 10:30, the key support zone at 24,800–24,768 was breached, dragging the index to an intraday low of 24,677.30.
Just when things seemed to be settling into a narrow expiry-day range, a sharp 65-point spike in 3 minutes surprised both sides—creating a mean-reversion V-shape move right back to VWAP and BC levels.
The real twist? A sudden domino-effect breakout at 15:00, marking a fresh high of 24,892.60 and closing at 24,880.85, nearly at the day’s peak.
⏪ Yesterday’s Note Recap:
"Most probable scenario: range-bound day between 24,660 and 24,882... Tricky expiry day."✔️ Spot on. Nifty respected the projected boundaries almost precisely.
🛡 5 Min Chart with Patterns and Levels
📈 Intraday Walk:
09:15 – Gap-up start, optimism in the air.
10:25 – Support at 24,800–24,768 tested and breached.
10:29 – IB Low Break and Day’s low at 24,677.30, bears step in.
12:38 – Surprise spike of 65 points in 3 min
Midday – Consolidation around VWAP and BC levels.
15:00 – Final push leads to breakout above day high → 24,892.60.
Close – Ends at 24,880.85, just below the day high.
🔍 Chart Observations:
✅ Inverse Head & Shoulders pattern formed around 24,768 on the 5-min chart—target achieved.
📦 Box Consolidation Zone repeated from yesterday and respected.
⚠️ Volatility spikes despite being an expiry day—tricky traps for both sides.
🛡 5 Min Chart with Patterns
🕯 Daily Time Frame Chart
🕯 Daily Candle Breakdown:
Open: 24,825.10
High: 24,892.60
Low: 24,677.30
Close: 24,833.60
Change: +81.15 (+0.33%)
Candle Structure:
Real Body: +8.50 pts → Tiny green body
Upper Wick: 59.00 pts
Lower Wick: 147.80 pts
Interpretation:A classic Hammer-like candle, showing strong intraday buying from lower zones. Although bulls couldn’t extend gains, they clearly defended 24,700 levels well.
🔔 Pattern Insight:
Outside Bar pattern on Daily → Often a bullish reversal sign
Bullish confirmation comes above 24,890+
Breakdown below 24,677 would invalidate the bullish signal
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update:
ATR: 291.38
IB Range: 110 → Medium
Market Structure: Balanced
Total Trades: 1
🕐 10:25 AM – 1st trade triggered→ Trailing SL hit at 1:3 risk-reward
🧱 Support & Resistance Levels:
Resistance Zones:
24,882
24,894
24,920
24,972 ~ 25,000
25,062 ~ 25,070 (5th rejection!)
25,116 ~ 25,128
25,180 ~ 25,212
25,285 ~ 25,399
Support Zones:
24,820
24,768 ~ 24,800
24,737 ~ 24,727
24,700
24,660
24,640 ~ 24,625
24,590
24,530 ~ 24,480
24,460
🧭 What’s Next?
Above 24,890 → May trigger short-covering rally toward 25,000, 25,065, and 25,116 levels.
Below 24,677 → Expect downside toward 24,625, 24,590, and possibly 24,530.
With expiry behind, volatility may remain elevated tomorrow as new series begins.
📌 Bias: Mild bullish, but needs confirmation above 24,890.
🧠 Final Thoughts:
“Markets don’t trap you; your bias does.”Stay sharp. Today was a day full of whipsaws—but also full of lessons.
✏️ Disclaimer:This is just my personal viewpoint. Always consult your financial advisor before taking any action.
Nifty levels - May 29, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
NiftyNifty CMP 24826
if market holds todays low , than this fork would do its wonder
and we may go up to touch the upper end of this fork...
if todays low is broken, than the area which I marked would act as support...
if that is also broken, I would reconsider my approach...
but have a strong feeling that todays low would hold and any dip would be buying opportunity for upside ...
Just a View!!
Vedang ! :)
Chart is for study purpose only!!!
Nifty levels - May 28, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!