📈 NIFTY Key Technical Zones

🛡️ Support Zone: 24,500 – 24,000
🔄 Retracement Range: 24,550 – 24,900
🚧 Resistance Zone: 24,900 – 25,200

🧭 View:
• Holding above 24,500 keeps short-term trend intact
• Sustained move above 24,900 may open gates for 25,200+
• Break below 24,000 could trigger deeper correction

📌 Action Point: Watch for price reaction in the retracement zone (24,550–24,900) — it holds the key to the next directional move.

Market hovering inside the retracement zone: 24,500 – 24,900
No clear trend till we break out of this range.

it’s a wait & watch phase.

🎯 Let price action confirm before taking directional bets.

📢 MPC Update:

🛑 Repo Rate Unchanged at 5.50%

The Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 5.50% — in line with expectations.

🔍 Key Highlights:
• 📉 No rate cut or hike – the RBI maintains a cautious stance.
• 📈 Inflation remains a key concern, keeping rate cuts off the table.
• 🏦 Focus continues on “withdrawal of accommodation” to ensure inflation remains under control.

#CASH #FUT

BUY ASIANPAINTS AROUND 2500
SL 2350
TGT 2600-2700-2850+

⸻

🇮🇳 Despite 50% tariffs on India…

📉 #GIFTNIFTY is down just 70 pts — as of now ! Markets clearly shrugging off the negative news!

🗣️ Trump hints:
“These tariffs can be revised anytime” — keeping hopes alive 📈

🔍 FIIs are heavily short with a 9:91 Long:Short ratio
👉 Expect them to cover shorts on every dip
📊 This setup could trigger surprise upmoves on any positive trigger!

📊 Market Opening Update

Markets are opening right in the retracement zone today.

Key levels to watch:

• Upside Breakout: Above 24,800 → could trigger fresh bullish momentum 📈
• Downside Breakdown: Below 24,350 → may open room for deeper correction towards 23800📉

Until price moves decisively outside this band, expect sideways & choppy moves with quick reversals.
Patience is key — wait for the breakout confirmation before committing big positions.

📉 NIFTY Weekly Trend Alert
For the past 5 straight weeks, NIFTY has closed with a red candle.
If today’s close slips below 24,600, it’ll mark the 6th consecutive week — something last seen in 2008!

⚖️ This week, the market is testing both traders’ patience and key supports.
• 🔑 Strong support: 24,300 – 23,900
• 📉 Below 23,900: Risk of sliding into bearish territory
• 📈 Above 23,900: Primary bullish trend remains intact