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Nifty 50 Weak Bull Close

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Market Overview: Nifty 50 Futures

Nifty 50 Weak Bull Close on the monthly chart. After an initial rise, the market experienced a sharp fall in the last week of the month, resulting in a weak bullish close. The market is also forming a triangle pattern. On the weekly chart, Nifty 50 is currently trading at the lower end of the bull channel.

Nifty 50 futures

The Monthly Nifty 50 chart

Nifty 50 Weak Bull Close
  • General Discussion
    • Traders holding short positions may continue to hold until the market gives a strong bullish close outside the triangle.
    • Traders in long positions may hold their trades but should place a tight stop loss at the nearest swing low.
  • Deeper into Price Action
    • When the market makes a sharp move up followed by a sharp move down, it usually indicates that the market is trading inside a range or within a broad channel.
    • Since the market is currently in a trading range price action phase, traders should adapt their trade management to the current condition. Instead of holding trades for larger swings, they should aim for quick exits before the market reverses.
  • Patterns
    • If the market breaks out of the triangle pattern on the upside, traders can set a measured move target based on the height of the triangle.
    • After reaching the initial measured move target, traders can then set a new target based on the height of a bull flag.

The Weekly Nifty 50 chart

Nifty 50 Bull Channel
  • General Discussion
    • Traders in long positions may continue holding as the market is trading at the bottom of the bull channel. However, since the channel is not very broad, traders should take quick exits due to frequent reversals.
    • Traders who shorted after the strong bear channel with consecutive bear bars may exit their positions, as the bears have failed to resume the trend even after two attempts.
  • Deeper into Price Action
    • If the bulls manage to form another upward leg in this channel, traders may assume that the bull channel has turned into a small trading range, where the top and bottom of the channel act as the trading range boundaries.
  • Patterns
    • In most cases, the chances of a successful overshoot of a channel are only about 25%, while the chances of a breakout are around 75%.

Market analysis reports archive

You can access all weekend reports on the Market Analysis page.

  • Dear Rishi,

    Your market commentaries consistently provide clarity and depth, and I truly appreciate the perspective you bring. If possible, could you consider sharing a short end-of-day (EOD) summary each trading day? Even a few key takeaways—similar to the E-mini updates Brad and his team share—would be incredibly valuable for followers trying to interpret daily market shifts.
    Your insights already serve as a trusted guide, and such summaries would add even greater coherence to your ongoing analysis.

    Sincerely,
    Ashish

  • Hi Rishi, Thank you for posting this info; I really appreciate it. Since today (6th October, 2025), the bulls have given a strong bull close. Can we expect the triangle trading continuation based on your last blog post from last week (Nifty 50 Strong Bear Close)? & expect the market to test the top of the triangle trading range?

  • Dear Rishi,
    As a dedicated follower of your insightful market analysis, I have a modest request that I believe could greatly benefit your audience, including myself.Would you kindly consider sharing a brief end-of-day (EOD) review of the market in a short post each trading day? Modeled after the excellent daily updates Brad and the team provide for the E-mini, even a concise summary—without charts—would be immensely valuable. Since a lot can happen within a week, such recaps often help clarify key events and reduce any potential confusion.
    Your expertise has already been a tremendous resource, and this addition would undoubtedly enhance the support you offer to traders like me navigating volatile conditions. I truly appreciate your time and consideration.
    Best regards,
    Anubhav

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