NIFTY Analysis: Bigger Picture - Long Term - 19-MAY-2025

LTP: 25019

Supports: 23921/21734/19921

Resistance: 26277

As I have told in my previous analyses, as per seasonality, Nifty is bullish from Feb-Mar to Aug-Oct.

And Nifty started the move late from April and moving up.

As per this analysis, we have already started the next bull run for 30K+ long term.

Targets:

Immediate target: 25655.

Minimum targets: 26421-26750-27434

Normal targets: 28500-28900-(29400)-29600

Ultimate targets: 30555, 31300-31750-32434.

My strategy: Buy on Dips as long as the support levels hold for 30K+++.

https://in.tradingview.com/chart/NIFTY/V9xqqfg0-NIFTY-Analysis-Bigger-Picture-Long-Term-19-MAY-2025/