Saturday, 12 July 2025

NIFTY: BULL or BEAR? 12-JUL-2025

Nifty keeps on falling after reaching the high of 25669.x.

Note: the support 25434 is already broken and moving more down. Is the market top out, can we see more down?


Everyone is blaming because of TRUMP tariff the market is falling. But this is healthy correction N technically valid. I expect the reversal soon in the coming days/weeks.


As of now Base supports are 25355/21734.

If it moves down more, we can see 24991/24777. But as per me this will be less probability.


I expect the market to TURN UP soon and expecting 27K (25955/26500/27K) first.

Normal targets: 27277-27900-2855

Ultimate targets: 30200-30755-32400.

NOTE: BELOW 24355 NIFTY WEAK and can show more down move before BIG REVERSAL.


https://in.tradingview.com/chart/NIFTY/eUU0WegJ-NIFTY-BULL-or-BEAR-12-JUL-2025/

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