Nifty is holding below the lower trendline of the Ascending Channel Pattern and following this it may fall to the 24,000 today. Also the Global Market is trading in Red, where the Nasdaq is down by more than 2.5% and the S&P is down by more than 1.5%, and the Asian Market is also trading lower where the Nikkei and Hang Seng is down by 1% each.

Nifty fell more than 1,70% during the day but soon it recovered the losses and started trading in green but ended the day with a loss of 30 points. It made a Hammer candlestick on the daily chart indicating that the Nifty is likely to trade higher and also the India Vix has fallen more than 17% post budget which indicates that the Investors takes this budget positively.

Nifty ended flat for the day after witness a volatile early session, leaving no clue for tomorrow, but it is likely that Nifty is going to be highly volatile on the Budget day making intense spikes on both sides.

Profit Booking from the Record High level takes the Nifty 50 down by 1% on Friday as we are getting closer to the Union Budget 2024 and also the market is currently overvalued after the unbeatable rally in the past 1 month.

On Thursday, Nifty rallied 0.76% and made a new all time high of 24,837.75 led by IT and FMCG stocks where the IT giants posted an impressive quarterly results, spreading the positive sentiment in the market. But Traders need to be cautious as RSI is trading in the Overbought zone and India Vix is rising despite the market is in Uptrend.

Nifty reached a record high but may pause due to a rapid 4.25% rally in just one month. Some sectors outperformed while Pharma and Energy declined. Technical analysis suggests a potential dip to 24,400-24,300 levels as FIIs are cautious, and India VIX signals fear. Support and Resistance levels for 18th July are 24,400-24,900.

Nifty is looking bullish as of now, and its likely that the Bullish Trend may continue for next few day, but as Nifty made a spinning top on the daily time frame - it represents an indecisiveness for the futures moves.

Nifty is looking bullish as it rose subsequently on Friday as the TCS results beats the market estimates in making less loss than expected, taking the Nifty IT index up by 4.52% and the Nifty by 0.77 percent.

Nifty is facing hard time crossing the 24,400 and 24,500 levels as sellers starts dominating the market and also we see Long Unwinding in the Nifty Futures indicating that market may fall to the 24,000 and further more to 23,500 in the coming days.

It is likely that Nifty may fall on Thursday as it falls today after facing resistance from the higher levels, and if Nifty falls then it might take support at the 24,000 level on Thursday.

Nifty is trading at its all-time high level but there is a huge resistance for Nifty at 24,500 on Wednesday as it heading towards the 25,000 level. And its more likely that Nifty may cross the 24,500 level of Wednesday, but holding above that level might seems difficult for Nifty50.

Nifty is taking support from the lower levels but for further high it must cross the 24,400 level first to make a new all-time high on Monday, but it if falls below the 24,200 level then Nifty might turns bearish and this is more tentative that Nifty falls in coming days as it is currently trading around the upper trendline of the Ascending Broadening Wedge Pattern, which is a Bearish Pattern.

Nifty is trading in the overbought zone or in the Extreme Greed Zone and there might be a fall in the market soon, but first it need to break the support level of 24,000

Nifty made a new all time high of 24,174 but falls later indicating the increase of negative sentiment, and also Nifty is likely to fall in the coming days as it is trading on the upper trendline of the Ascending Broadening Wedge Pattern, which is a bearish pattern. But for Monday, its look bullish as the sentiment is positive.

Nifty is looking Bullish as it made a new all-time high on Tuesday led by the Index heavyweights, indicating that it the rally will last long and nifty may travel towards the 24,000 level soon.

Nifty is likely to go up as its once again taken support at the 23,400 level indicating that the support is strong enough to push the market higher, and once the Nifty stays above the 23,600 level then we may see Nifty towards the 24,00 this week.

Nifty is taking support at the 23,400 level after the breakout of the lower trendline of the Rising Wedge pattern, and this indicates a bearish market ahead but only after the breakout of the 23,400 level with a strong red candle

Nifty is still trading inside the Rising Wedge pattern trendline, and looking at the charts, and the technical indicators it seems that Nifty may likely to fall soon.

Nifty is still trading sideways but slowing trading higher day-by-day making a new all time high each day. But it is currently trading forming a Rising Wedge pattern and once it breaks in the either direction - then the Nifty may rally following that direction.

Nifty has crossed above the rising wedge pattern which indicates a bullish market, but we need to wait for it to take support at the 23,500 level and then go up and if it falls below the 23,500 level then it might be a trap and we may see a bearish market ahead.

Nifty is looking positive but still consolidating within a Narrow range forming a Rising Wedge Pattern - indicating that the market is likely to fall in the near term.