LTP 33.18
Support: 32.62/31.65
Resistances: 33.5/33.7
As long as it is above 32.62, I am bullish and expecting 33.55 first.
Targets:
Minimum target: 33.55-33.70-33.95
34.30
Normal target: 34.6-34.75-34.97
Ultimate target: 35.61-35.77-36.25
Buy on Dips is my view.
LTP 24790
Resistance: 22125
Support: 24455
Other Supports: 23655/22934/22697
Base Support: 21734
As per my analysis, NIFTY is trading in wave iv as TRIANGLE.
Once Nifty breaks 25125, we can see 25216, 25377 as immediate targets.
Ultimate targets: 25800-25934-26377 for this move.
As per seasonality, I expect more upside in NIFTY (JUN-AUG)
https://in.tradingview.com/chart/NIFTY/STWyb8u8-NIFTY-SHORT-TERM-ANALYHSIS-30-MAY-2025/
LTP 55398
Resistance: 55721
Supports: 53477/52055/49155
Immediate support: 53477.
More upside left in Bank Nifty.
Break of 55721, we will see 56216-56870-57880 first.
Other targets:
58555-59610
61355-62370-64120
ULTIMATE Target: 64K for now.
LTP 12816
Resistance: 13040
Supports: 12034/10934
Immediate Support: 12634
If 12634 holds, we will see 13K-13200 next. Further 13600-14K.
Target zones:
Minimum target: 13600-13950
Normal target: 14770-15150
Ultimate target: 16100-16334-16720
Extension: 17600-17900-18500.
Bigger Picture:
As long as 10934 holds support, We will see 14300/14600/15400 and 18500 in the long run.
LTP: 67095
Resistance: 67750
Supports: 57250/56189
As per this chart, there are two wave counts visible.
BEARISH SCENARIO:
If the move from 56189, is a leading diagonal, then we can see bigger correction towards 63400/62000 before BIG REVERSAL towards 77-80K first.
BULLISH SCENARIO:
Else if 57250 is the bottom (assuming truncated) and a break of 67750, we will see 72-73-76K first and further 80K-85K can be seen.
As of now, I expect correction towards 63-62K before big reversal.
Above 67750, I will follow Bullish scenario. As long as 67750 resists, I will be bearish.
https://in.tradingview.com/chart/NIFTYJR/HPLo7mw8-NIFTY-NEXT-50-NIFTY-JR-Analysis-24-May-2025-BULL-or-BEAR/
LTP 24883
GAP Support zone: 24450-24207
Support: 24750
Resistance: 25225
As of now Nifty is at 50:50 probability zone.
BEARISH SCENARIO:
If 25225 resists, we can see 24507 again and further 24450, 207, 23950.
Extensions can be 23550, 23150, 22850.
Reversal from any of these levels, 1st target 25225.
If Gift Nifty breaks 25225, we will see 25277 first.
Further,
Minimum target: 25455-25734
Normal target: 26434-26600-27155
Ultimate target: 29289.
https://in.tradingview.com/chart/NIFTY1!/zcFnbOCY-GIFT-NIFTY-ANALYSIS-23-MAY-2025-BULL-or-BEAR/
LTP 24633
LOW: 24507
Base support: 23734
Downside extension can be 24480, 307, 185, 80, 23934.
If low 24507 holds and a break of 24743, we can NEW ATH and 1st minimum target would be 25534.
Other targets:
Ultimate target zone 1: 26315, 26634-27307
Ultimate target zone 2: 28434-29530, 30500
Ultimate target zone 3: 31337-31755-32434
