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Technical Analysis Broadcast on Nifty, BNF, Futures, FX & #Commodities. WhatsApp +91 7416772327 For any doubt (related to analysis) DM @absoluteanalytics_raksha
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-1130 день
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Sentiment is shifting in Nifty.
23690 major and strong support.
Price going below this level will continue to fall till 23600-23570
As per structure it may not breach the support.
Above 23730 it will continue to rise.
*Nifty*
Intraday is bullish, gap is filled 23690 is support
23900-915 is the resistance and upside level for intraday.
Close eye on range bound breach.
One interesting thing happening in today's ORB structure is that it is also having pre-day high withing the ORB range as resistance for buy even though with liquidity sweep.
In such cases liquidity sweep has to be double confirmed with breakout of high if pre-day.
#NoFomo
Nifty is rangebound. No trade unless it clears the ranging zone of 23800-23750
*AA MARKET PULSE | 21 MAY 2026*
• GIFT Nifty at 23,801.50, up 0.66%, signals a positive opening for Indian markets
• US markets closed sharply higher with Dow up 1.31% and Nasdaq gaining 1.54%, supporting global market sentiment
• Dollar Index at 99.18 remained firm but stable, keeping pressure on emerging markets limited
• Gold at ₹1,60,006 and Silver at ₹2,74,265 stayed elevated amid cautious global positioning
• Crude oil cooled to ₹9,463, offering relief to inflation-sensitive sectors and import-heavy industries
• FII sold ₹1,597.35 crore while DII bought ₹1,968.35 crore, showing continued domestic institutional support
• SEBI’s action in the alleged front-running case may keep financial and regulatory-linked stocks in focus
*Market View*
• Markets are expected to open positive backed by bullish global cues and softer crude prices
• Banking, financials, and capital market-linked stocks may remain active during the session
• Domestic buying support could continue helping markets absorb FII selling pressure
*Overall Sentiment*
The market enters the session with a positive tone. Strong US market performance, easing crude prices, and sustained domestic buying are supporting sentiment, while investors remain watchful of regulatory developments and foreign fund activity.
*COPPER (1H)*
• Head & Shoulders structure in play
• Price retesting neckline (~6.33 zone)
*Trigger Levels*
• Break + close above neckline → 6.45–6.50 upside
• Rejection: Pattern continuation downside
*Execution*
• Trade only on candle close
• Volume confirmation mandatory
• No mid-range entries
*Bias*: Neutral. Expansion with bullish bias
Chart explained here 👇
https://whatsapp.com/channel/0029VanXIFTAzNbzxU4hF62L/4887
Till 23750-800 range, Nifty will be in rangebound zone.
Bullish setup or swing position for Nifty for next month script will be validated above this zone
I’ll be off desk for an hour.
Will be monitoring on the phone as possible 👍
The reason for not jumping into IOC trade
No valid close
Chart explained here 👇
https://whatsapp.com/channel/0029VanXIFTAzNbzxU4hF62L/4884
IOC 135CE June in watchlist
It's a swing setup so no rush in taking entry. Validation is must. Breach and retest of 135.6 is a MUST
Good morning,
There has been a network connectivity issue since last night. Currently, there are no active trades.
The IOC is on hold.
BankIndia in list
BankIndia at the edge of finishing a bearish pattern for positional setup.
134 support.
On the break it will validate the setup for PE
