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Nifty Pre-Open: Channel Breakout Confirmed, Gap-Up Likely

Nifty delivered the most meaningful technical development of this entire corrective phase yesterday, closing above both the falling window resistance at 24,287 and the falling channel's upper boundary, at 24,320. This flips 24,300–24,225 fr… See Moremore

Bank Nifty Holds 57,239 Again, Axis Bank Near Trendline

Once again, Bank Nifty's rising window support at 57,239 held strongly, with bulls closing the index back above the descending channel, currently at 57,514.20. A genuine tug-of-war is playing out between bulls and bears here, and the bias s… See Moremore

Discipline Over Impulse: What Cyient Teaches Traders

Nifty Pre-Open: Range Holds Between 24,100 and 24,287

As anticipated, bulls failed to sustain above the falling window resistance at 24,287 — sellers defended the level and pushed the index lower through the session. The index tested the flagged support near 24,130, making a low of 24,144 befo… See Moremore

Why Support and Resistance Still Work: A Bank Nifty Case

We flagged in our reports that Bank Nifty's initial objective was 57,885, and that a failure to hold could see consolidation. Exactly that played out as visible in the chart: resistance held near 57,885, the index corrected after its openin… See Moremore

Nifty Pre-Open: 24,287 Falling Window is Key Level Today

Nifty traded higher yesterday but respected the 24,280–24,320 resistance zone, largely staying range-bound through the session and closing at 24,353.25, up marginally. Today, 24,287 (Falling Window resistance) is the key level to watch, fo… See Moremore

Chart School: Hammer Candlestick- Rules and Significance

A Hammer is one of the most recognized single-candle reversal patterns, and PNB Housing Finance's chart from March offers a clean textbook example worth studying. What defines a Hammer: a small real body near the top of the candle's range,… See Moremore

Axis Bank: Morning Star Near Support, Awaits Confirmation

Bank Nifty Weekly: Golden Cross Emerges, 59,100 Key Hurdle

Bank Nifty closed the week at 57,761.95, up 0.46%, holding above the 200 SMA (57,457) for a tenth straight week of range compression. The key new development: a Golden Cross, with the 50 SMA (57,600) crossing above the 200 SMA — a classical… See Moremore

Nifty Weekly: 24,040 Holds, 200 SMA at 24,687 Test Ahead

Nifty tested and held the 24,040 Rising Window support last week, recovering to close at 24,252, even as the week finished down about 0.47%. The index briefly slipped below the 50 SMA during the test but reclaimed it by Friday, now at 24,18… See Moremore

CDSL Breaks Out of Ascending Triangle on Strong Volume Surge

Nifty Pre-Open: Gift Nifty Muted, Eyes on 24,320 Resistance and 24,100 Support

Nifty's bounce off the 24,010 rising-window support played out as expected yesterday — the positive RSI divergence and support confluence delivered the recovery, with the index closing at 24,231.85 and RSI improving to 60.49. The key test… See Moremore

US Treasury Secretary Bessent Doubles Down on Bond Buyback, Iran Tensions Add a Crosscurrent

US Treasury Secretary Scott Bessent said the long-dated bond buyback could exceed the earlier $4 billion figure, adding that the move is partly about signalling that current yields do not reflect underlying fundamentals. In simple terms, th… See Moremore

Nifty Midday Update: Bounce Plays Out as Flagged, RSI Divergence Confirmed

Nifty is trading at 24,244.30, up 0.12%, bouncing sharply off the rising-window support near 24,010 that we flagged in yesterday's morning note. The positive RSI divergence highlighted then — price making a low while RSI held higher — has n… See Moremore

Nifty Pre-Open Update: Support Held Near 24,010, Gap-Up Open Likely on Risk-On Cues

Nifty tested our flagged support zone yesterday, dipping to an intraday low of 24,025 (against the 24,010 rising-window support highlighted in yesterday's note) before settling at 24,078. The zone held as expected. Overnight, the US Treasu… See Moremore

Gift Nifty Up, Gold & Silver Surge as US Treasury Move Boosts Risk Appetite

The US Treasury announced it will double the size of its buyback operations for longer-dated bonds (10-30 year), from $2 billion to $4 billion per operation, starting September 9. In simple terms: the US government will now buy back more of… See Moremore

Nippon Life India AMC Breaks Out of Descending Triangle on Rising Volume

Nifty Pre-Open: Falling Channel Intact, Watch 24,150–24,010 for a Bounce Setup

Nifty closed at 24,154.9, down 0.55%, continuing to trade within a falling channel on the hourly chart. Heavy Call OI is built around 24,200, making the 24,230–24,320 zone a resistance wall — until that's decisively taken out, the path of l… See Moremore

Nifty Realty Breaks Falling Channel, DLF Confirms with Triangle Breakout

Nifty Realty has broken out of its multi-month falling channel on the weekly chart, decisively clearing the channel's upper resistance band near 940 and now trading at 1,129 — a strong follow-through that shifts the sector's structure from… See Moremore