Accumulation Zone Activated in Nifty 50

As we discussed before 1 month
Nifty react as well as my Analysis

🔍 Nifty 50 Analysis – Here’s a detailed breakdown of the chart and its implications:
⚔️Key Observations

📌 1. Accumulation Zone (22,625 - 22,821) ✅
🔹 This zone is a "best price range for long-term investment."
🔹 Historically, accumulation zones indicate a potential demand area where institutional buyers may step in.
🔹 If the index holds this level, we could see an upward movement 📈.

📌 2. Strong Resistance Zone (23,050 - 23,178) ❌
🔹 The chart suggests this area is a potential reversal point.
🔹 If Nifty reaches this level, profit booking or selling pressure may emerge.
🔹 A breakout above this zone could signal further bullish momentum 🚀.

📌 3. Projected Price Action (Wave Structure) 🔄
🔹 The pattern (A → D → F) suggests a possible bounce from accumulation to resistance.
🔹 If resistance is broken, Nifty could rally further.

📊 Trading Strategy

✅ Bullish View:
🔹 If Nifty holds above 22,625, it could move toward 23,050 - 23,178.
🔹 A breakout above 23,178 may signal a continued uptrend 🚀.

❌ Bearish View:
🔹 A breakdown below 22,625 could lead to further declines 📉.
🔹 If this happens, new support levels need to be identified.


⚠ Disclaimer: I am not a SEBI-registered analyst. Stock markets are subject to market risks. Please do your own research before investing. 📢📊