{"id":17549,"date":"2025-08-29T09:52:38","date_gmt":"2025-08-29T04:22:38","guid":{"rendered":"http:\/\/43.205.138.160\/?post_type=article&p=17549"},"modified":"2025-08-29T09:52:38","modified_gmt":"2025-08-29T04:22:38","slug":"%f0%9f%93%8a-equity-research-report-nifty-technical-outlook","status":"publish","type":"article","link":"https:\/\/signalz.pro\/article\/%f0%9f%93%8a-equity-research-report-nifty-technical-outlook\/","title":{"rendered":"\ud83d\udcca Equity Research Report \u2013 Nifty Technical Outlook"},"content":{"rendered":"

Analyst:<\/strong> Manjushri Sharma
SEBI Registered Research Analyst \u2013 INH000019497<\/strong>
Date:<\/strong> 29th August 2025<\/p>\n

\n

\ud83d\udd0e Market Commentary<\/h3>\n

In our previous note, we highlighted that a breach below 24,900<\/strong> would open the door for a retest of 24,750<\/strong>. This support was indeed tested during the August expiry, reaffirming its importance as a near-term base.<\/p>\n

Going into September, the technical structure has weakened further. On the hourly timeframe<\/strong>, Nifty has given a bearish crossover<\/strong>, suggesting short-term selling pressure. On the daily chart<\/strong>, the index is in the process of forming a Head & Shoulders (H&S) pattern<\/strong> \u2013 a classic reversal structure that typically indicates scope for a deeper corrective move if validated.<\/p>\n

At present, the immediate support zone lies at 24,350\u201324,300<\/strong>, coinciding with the potential completion of the second shoulder. Sustaining above this zone could lead to a short-covering bounce towards 24,500<\/strong> and 24,800<\/strong>.<\/p>\n

On the other hand, a decisive breakdown below 24,300 with volume confirmation<\/strong> would validate the H&S formation and increase downside risk. In such a scenario, the next major supports for Nifty Spot are seen at 24,000<\/strong> and 23,800<\/strong>.<\/p>\n

\n

\ud83d\udccc Key Technical Levels<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n
Level Type<\/th>\nNifty Levels<\/th>\n<\/tr>\n<\/thead>\n
Immediate Support<\/td>\n24,350 \u2013 24,300<\/td>\n<\/tr>\n
Resistance Levels<\/td>\n24,500 \/ 24,800<\/td>\n<\/tr>\n
Breakdown Trigger<\/td>\nBelow 24,300 (with volume confirmation)<\/td>\n<\/tr>\n
Next Major Supports<\/td>\n24,000 \/ 23,800<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n
\n

\ud83d\udcc9 Technical Chart \u2013 Nifty 50<\/h3>\n

(Hourly chart showing bearish crossover and support levels)<\/em><\/p>\n

\"Nifty<\/p>\n

\n

\ud83d\udca1 Key Insights<\/h3>\n
    \n
  • \n

    24,300 is the make-or-break level<\/strong> \u2192 Holding above it may trigger a bounce towards 24,500 \/ 24,800.<\/p>\n<\/li>\n

  • \n

    Breakdown Risk<\/strong> \u2192 Sustained fall below 24,300 with volume may validate the H&S pattern.<\/p>\n<\/li>\n

  • \n

    Downside Levels<\/strong> \u2192 If breakdown confirms, 24,000 and 23,800 become the next support zones.<\/p>\n<\/li>\n

  • \n

    Trading Bias<\/strong> \u2192 Stay cautious near 24,300; position sizing is key at current levels.<\/p>\n<\/li>\n<\/ul>\n

    \n

    \u26a0\ufe0f Disclaimer<\/h3>\n

    This report has been prepared by Manjushri Sharma, SEBI Registered Research Analyst (INH000019497)<\/strong> under Equity Guru MS<\/strong>. The information, analysis, and views presented are for educational and informational purposes only and should not be considered investment advice. Investors are advised to consult their financial advisor before making any investment decisions. Equity markets are subject to market risks, and past performance is not indicative of future returns.<\/p>\n","protected":false},"template":"","article-category":[],"article-tags":[],"class_list":["post-17549","article","type-article","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article\/17549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article"}],"about":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/types\/article"}],"wp:attachment":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/media?parent=17549"}],"wp:term":[{"taxonomy":"article-category","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-category?post=17549"},{"taxonomy":"article-tags","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-tags?post=17549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}