🇮🇳 Indian Stock Market Analysis
SENSEX
83,190
-176.43 (-0.21%)
Support: 83,050 | Resistance: 84,500
NIFTY 50
25,461
+55.7 (+0.22%)
Support: 25,400 | Resistance: 25,500
BANK NIFTY
56,850
-125.3 (-0.22%)
Support: 56,500 | Resistance: 57,300
📊 Market Sentiment Analysis
Bulls: 45%
Banking & IT Support
Neutral: 35%
Rangebound Trading
Bears: 20%
Profit Booking
Overall Sentiment: Cautiously Optimistic
📈 Today's Technical Analysis
Live Technical Indicators
🟢
RSI (14)
58.4 - Neutral
🟡
MACD
Sideways
🟢
Moving Average
Above 50 EMA
🟡
Volume
Average
🟢
Support Level
Strong at 25,400
🔴
Resistance
25,500 - Strong
📊 NIFTY 50 Pattern Analysis
Forming Higher Lows Pattern
Bullish Flag Formation
Trend: Cautiously Bullish
25,400
25,461
25,500
📈
Key Signals:
Higher Low Formation at 25,400
Resistance Test at 25,500
Bullish Divergence on RSI
Breakout Target: 26,000
📊 SENSEX Pattern Analysis
Consolidation Triangle
Neutral Bias
Awaiting Breakout
83,050
83,190
84,000
⚖️
Key Signals:
Symmetrical Triangle Pattern
Equal Support/Resistance Test
Volume Contraction Phase
Breakout Expected: 85,500
🎯 Intraday Trading Setup
Today's Trading Plan
NIFTY Entry (Long)
25,450 - 25,470
NIFTY Target
25,550 - 25,600
NIFTY Stop Loss
25,380
SENSEX Entry (Long)
83,200 - 83,400
SENSEX Target
84,000 - 84,300
SENSEX Stop Loss
82,950
📰 Today's Market News
Market Consolidation Continues
Indian markets showing rangebound trading with selective buying in banking and IT sectors. Nifty holding above 25,400 support levels.
Sectoral Performance
Banking, pharma, IT, realty, oil & gas, and media sectors providing support to the broader market sentiment.
Global Cues
Mixed global signals with focus on domestic fundamentals and Q1 earnings season approaching.
🎯 Key Targets & Levels
| Index | Support 1 | Support 2 | Current | Resistance 1 | Resistance 2 |
|---|---|---|---|---|---|
| NIFTY 50 | 25,400 | 25,200 | 25,461 | 25,500 | 25,650 |
| SENSEX | 83,050 | 82,500 | 83,190 | 84,000 | 84,500 |
| BANK NIFTY | 56,500 | 55,800 | 56,850 | 57,300 | 57,800 |
NIFTY 50
Support 1
25,400
Support 2
25,200
Current
25,461
Resistance 1
25,500
Resistance 2
25,650
SENSEX
Support 1
83,050
Support 2
82,500
Current
83,190
Resistance 1
84,000
Resistance 2
84,500
BANK NIFTY
Support 1
56,500
Support 2
55,800
Current
56,850
Resistance 1
57,300
Resistance 2
57,800
📊 Market Predictions
Short-term Outlook (1-3 days)
Trend: Cautiously Bullish
Expected Range:
- NIFTY: 25,300 - 25,600
- SENSEX: 83,000 - 84,500
Key Factor: Hold above support levels for sustained uptrend
Weekly Outlook
Trend: Consolidation with upward bias
Expected Targets:
- NIFTY: 26,000 on breakout
- SENSEX: 85,500 on breakout
Risk: Break below 25,200 (Nifty) could trigger correction
⚠️ DISCLAIMER: This analysis is for educational purposes only. Trading in stock markets involves risk. Please consult with a qualified financial advisor before making investment decisions. Past performance does not guarantee future results.