NIFTY LTP 23531. Analysis on 27-Mar-2025
Support: 23389
Resistance: 23877
Expecting sideways / triangle action for some hours/days (wave 4 personality).
Trending move can be seen once these levels break.
Expecting breakout on the upside to take nifty next to 24200+++.
Let us see how this works out.
https://in.tradingview.com/chart/NIFTY/HUfNqumG-NIFTY-LTP-23531-Analysis-on-27-Mar-2025/
LTP 260.70
Supports: 230/97
Resistances: 457/647/1046
Immediate Resistance: 277
In the downside, if breaks 230, we can see more fall towards 200/170.
On the upside, need a strong break of immediate resistance 277.
Once break 277, we can see 350 soon.
Ultimate Target zones: 555-607, 770-891, 1100-1300
Small targets by levels: 350, 430, 555, 607, 650, 707, 770, 891, 1100, 1182, 1313.
https://www.tradingview.com/chart/GEPIL/mrvzghdJ-GE-POWER-260-Analysis-on-22-Mar-2025/
LTP 23352
Resistance: 23489
Immediate Supports: 23121/23034
Other supports: 22834/22755/22589 and the last support 21964.
Market is showing overbought signals. But I expect some sort of corrections for next move.
As long as 23000 holds support, more room on upside left.
Based on Previous analysis,
Nifty reached my 1st target of 23055. Further targets are 23500, 23800+.
https://in.tradingview.com/chart/NIFTY/MKhhaWUe-Nifty-22452-Analysis-12-Mar-2025/
As per my latest analysis, I expect to see some resistance around 23470-23555.
If that resistance hold, we can see minor correction before the next rally towards 24K.
NOTE: In bull markets wave 3, we cannot see bigger corrections, only a small correction, which will not give an opportunity for new buyers.
Upside targets:
23470-23550, 24100-24300
The following targets are based on analysis for short term. Bigger picture I'll post later.
Small targets: 23470, 23550, 23730, 23950, 24170, 24230, 24280 and 24450.
ALTERT:
Don't panic: If 21964 breaks, we can see 18,000 (as of now this is least probable).
If we get this level, it would be BEST INVESTEMENT ZONE for LONG TERM GAINS.
As long as 4.707, we can see more fall towards 3.5/3.2/2.79/2.52
As of now, NG has done minimum downside target at 3.975.
I expect to see some correction towards 4.1-4.16.
More bullish scenario of the correction would be towards 4.26/4.44
Reversal from these levels 4.1-4.5, we can see another round of selling towards 3.5
Crude is trading at an important level 68-68.60
As long as this level resists, we can see 66.73/64.95 again.
Further, downside can be 63.59, 60/55.
Supports: 11289/11034
Resistances: 11677/11777
Nifty total market is breaking the immediate resistance of 11677.
Now, the Immediate Support: 11455.
As long as 11289/11000 holds support, we can bull move towards 12677, 14000+ in the long run.
Resistance: 489
Supports: 100/0.9987
As per my analysis, TESLA is reversing from this level. If that is the case, we can see big bull run towards $700/1000.
Downside extensions can be 187, 144, 107, 57.
Reversal from any of these levels, can see 488 first and further 700/1000+.
https://in.tradingview.com/chart/TSLA/QjqR4Uky-TSLA-248-Analysis-13-MAR-2025/
