🔎 1-Day (Daily) Chart — What It Says Now
📌 Moving Averages Extremely Supportive
All key moving averages — 5, 10, 20, 50, 100, and 200 DMA — continue to trend upward, with price comfortably trading above them.
This alignment reflects:
strong underlying demand
a sustained uptrend
buyers active on dips
Trend structure: Clean, bullish, and stable.
📌 Momentum Indicators Point Upwards
RSI (14) hovering in mid-60s → bullish but not overbought
MACD remains in positive territory, signal line crossover holding
Stochastic %K is elevated → reflects strength and sustained momentum
Overall, momentum is firmly bullish, with no signs of exhaustion yet.
📌 Pivot Levels Active
Price is reacting near key pivot zones, meaning:
Intraday swings may occur
Breakouts or rejections can come quickly
Supports/resistances are likely to be respected
This adds importance to short-term decision zones.
📌 Overall Daily Trend
✔ Strong uptrend
✔ Healthy momentum
✔ Above all major moving averages
✔ Buyers retain dominance
Bottom Line:
Nifty’s daily structure is bullish. Trend remains intact unless key support levels break decisively.
⏳ 4-Hour (4H) Chart — Short-Term Market Behavior
The 4H chart adds more detail to shorter-term moves and shows the internal strength of the ongoing trend.
📌 4H Trend Still Up, but Entering a Decision Zone
Price action shows:
Higher lows
Higher highs
Strong support clusters on dips
Sellers showing mild presence near upper resistances
This timeframe suggests mild consolidation within a bullish structure.
📌 4H Indicators
RSI mildly elevated
MACD flattening slightly as price approaches resistance
Price compression possible before a breakout
This hints at short-term stabilization — a pause rather than reversal.
📈 4-Point Broader Chart / Market Outlook (Short → Medium Term)
1️⃣ Near-Term Upside Target / Resistance Zone
Key resistance seen at 26,440 – 26,800.
This is the zone to watch for:
Breakout → fresh rally
Rejection → consolidation or dip
A decisive close above this range may open the gate for new highs.
2️⃣ Key Support Levels to Track
Immediate support: 26,100 – 26,200
If this breaks, deeper supports lie near previous consolidation levels.
As long as Nifty holds above these, the structure remains bullish.
3️⃣ Volatility & Consolidation Risk
Despite bullish trend, momentum is steady, not euphoric:
ADX not extremely strong → trend is healthy but not overheated
Possible sideways movement
Integrated consolidation before next leg
Ideal for range trading until breakout clarity emerges.
4️⃣ Sectoral & Breadth Context
Even though headline Nifty is strong:
Media, Realty, IT have underperformed
Breadth is not fully aligned with index strength
Heavyweight stocks driving the rally
Sector rotation may be key for medium-term sustainability.
🎯 Key Scenarios Going Forward
📌 1. Bullish Continuation (High Probability)
If Nifty holds 26,100–26,200 and breaks 26,440–26,800 →
Upside expansion likely, trend remains intact.
📌 2. Range / Consolidation (Likely Before Breakout)
Mixed breadth + moderate volatility suggests
Brief sideways movement before decisive direction.
📌 3. Pullback / Correction (Risk Trigger)
If supports break along with sectoral weakness →
Nifty may test lower supports with increased volatility.
💼 What This Means for Traders & Investors
For Traders
Bullish bias is intact
Prefer trades on breakouts or support bounces
Avoid premature entries near resistance
Manage risk due to short-term consolidation risk
For Medium-Term Investors
Trend is not showing signs of topping
Continue exposure but track sectoral leadership
Focus on stock-specific strength rather than index alone
Risk Management
Avoid over-leveraging as volatility pockets may emerge
Respect support levels
Watch the 26,440–26,800 zone for next directional cue
📌 Final Combined View (1D + 4H)
Nifty remains in a strong, well-supported uptrend across both timeframes.
Daily chart shows broad strength → 4H chart shows controlled consolidation.
Market is setting up for a potential breakout, though short-term range-bound action is likely until price crosses key levels.
📌 Moving Averages Extremely Supportive
All key moving averages — 5, 10, 20, 50, 100, and 200 DMA — continue to trend upward, with price comfortably trading above them.
This alignment reflects:
strong underlying demand
a sustained uptrend
buyers active on dips
Trend structure: Clean, bullish, and stable.
📌 Momentum Indicators Point Upwards
RSI (14) hovering in mid-60s → bullish but not overbought
MACD remains in positive territory, signal line crossover holding
Stochastic %K is elevated → reflects strength and sustained momentum
Overall, momentum is firmly bullish, with no signs of exhaustion yet.
📌 Pivot Levels Active
Price is reacting near key pivot zones, meaning:
Intraday swings may occur
Breakouts or rejections can come quickly
Supports/resistances are likely to be respected
This adds importance to short-term decision zones.
📌 Overall Daily Trend
✔ Strong uptrend
✔ Healthy momentum
✔ Above all major moving averages
✔ Buyers retain dominance
Bottom Line:
Nifty’s daily structure is bullish. Trend remains intact unless key support levels break decisively.
⏳ 4-Hour (4H) Chart — Short-Term Market Behavior
The 4H chart adds more detail to shorter-term moves and shows the internal strength of the ongoing trend.
📌 4H Trend Still Up, but Entering a Decision Zone
Price action shows:
Higher lows
Higher highs
Strong support clusters on dips
Sellers showing mild presence near upper resistances
This timeframe suggests mild consolidation within a bullish structure.
📌 4H Indicators
RSI mildly elevated
MACD flattening slightly as price approaches resistance
Price compression possible before a breakout
This hints at short-term stabilization — a pause rather than reversal.
📈 4-Point Broader Chart / Market Outlook (Short → Medium Term)
1️⃣ Near-Term Upside Target / Resistance Zone
Key resistance seen at 26,440 – 26,800.
This is the zone to watch for:
Breakout → fresh rally
Rejection → consolidation or dip
A decisive close above this range may open the gate for new highs.
2️⃣ Key Support Levels to Track
Immediate support: 26,100 – 26,200
If this breaks, deeper supports lie near previous consolidation levels.
As long as Nifty holds above these, the structure remains bullish.
3️⃣ Volatility & Consolidation Risk
Despite bullish trend, momentum is steady, not euphoric:
ADX not extremely strong → trend is healthy but not overheated
Possible sideways movement
Integrated consolidation before next leg
Ideal for range trading until breakout clarity emerges.
4️⃣ Sectoral & Breadth Context
Even though headline Nifty is strong:
Media, Realty, IT have underperformed
Breadth is not fully aligned with index strength
Heavyweight stocks driving the rally
Sector rotation may be key for medium-term sustainability.
🎯 Key Scenarios Going Forward
📌 1. Bullish Continuation (High Probability)
If Nifty holds 26,100–26,200 and breaks 26,440–26,800 →
Upside expansion likely, trend remains intact.
📌 2. Range / Consolidation (Likely Before Breakout)
Mixed breadth + moderate volatility suggests
Brief sideways movement before decisive direction.
📌 3. Pullback / Correction (Risk Trigger)
If supports break along with sectoral weakness →
Nifty may test lower supports with increased volatility.
💼 What This Means for Traders & Investors
For Traders
Bullish bias is intact
Prefer trades on breakouts or support bounces
Avoid premature entries near resistance
Manage risk due to short-term consolidation risk
For Medium-Term Investors
Trend is not showing signs of topping
Continue exposure but track sectoral leadership
Focus on stock-specific strength rather than index alone
Risk Management
Avoid over-leveraging as volatility pockets may emerge
Respect support levels
Watch the 26,440–26,800 zone for next directional cue
📌 Final Combined View (1D + 4H)
Nifty remains in a strong, well-supported uptrend across both timeframes.
Daily chart shows broad strength → 4H chart shows controlled consolidation.
Market is setting up for a potential breakout, though short-term range-bound action is likely until price crosses key levels.
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منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.