NIFTY Triangle Consolidation I Is Nifty Going to burn?

24 de fev.

Pro Tip
A decent red candle close below the current 15m chart consolidation
Stoploss at Entry Candle high
Wait For close Below the Entry Line (22,511.80)
Use Swing High or 10-EMA to trail Profits
Use the Entry Line to navigate Entry

Pro Tip - Option Traders
Use At the money Option strike price
Can use Straddle Strategy where we can use ATM Strike price of
22,500 or 22,600 CE & PE BUY

Target 1 - 22,436 Target 2 - 22,450

Technical View
A textbook breakdown of a head and shoulder And a retest pattern.
A Triangle Breakdown
An Inverted Penant on 1H Chart

Fundamental View

Market outlook
The U.S. stock market experienced a significant downturn on Friday, February 21, 2025, primarily due to several economic and policy-related concerns:

Economic Growth Worries: New data indicated slowing business activity and weakening consumer sentiment in the U.S., raising concerns about economic growth

Inflation Concerns: Persistent inflation and a high five-year inflation forecast contributed to investor anxiety.

Trump's Policies: Worries about President Donald Trump's policies, including potential tariffs, further unsettled investors.

Disappointing Earnings: Walmart's weaker-than-expected earnings guidance added to fears of slowing consumer demand.

On Friday, the S&P 500 fell by 1.7%, the Dow Jones Industrial Average dropped by 1.7%, and the Nasdaq Composite declined by 2.2%

Impact on Indian Markets

The U.S. stock market crash can affect Indian markets in several ways:

Global Economic Sentiment: A downturn in U.S. markets can lead to a decrease in global investor confidence, potentially impacting Indian equities.

Foreign Institutional Investor (FII) Selling: Persistent FII selling in Indian markets, partly due to global economic uncertainties, has already been a significant factor in recent declines.

Trade War Fears: Trump's tariff policies could exacerbate trade tensions, affecting Indian companies with exposure to global trade, particularly in sectors like pharmaceuticals and automobiles.

Inflation and Economic Growth: Rising crude oil prices and concerns over U.S. economic growth can also impact India's inflation and trade deficit, affecting market sentiment.


Not an Investment Advise

24 de fev.

Trade ativo

Trade 1 SL Hit
Trade 2
A Red Candle on the entry line is the second entry
SL Candle high

24 de fev.

Nota

Trade 2 is an early morning trade