{"id":214682,"date":"2024-08-10T07:00:00","date_gmt":"2024-08-10T14:00:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=214682"},"modified":"2024-08-09T06:23:35","modified_gmt":"2024-08-09T13:23:35","slug":"nifty-50-big-round-number-25000","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/nifty-50-big-round-number-25000\/","title":{"rendered":"Nifty 50 Big Round Number 25000"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Overview: Nifty 50 Futures<\/h2>\n\n\n\n<p><a href=\"https:\/\/www.investing.com\/indices\/india-50-futures\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Nifty 50<\/strong><\/a> Big Round Number 25000. This week, the market closed bullish with a small body and a short wick at the bottom. Bears attempted but failed to sustain consecutive strong bearish bars, indicating a prevailing bullish trend. Currently, the market shows signs of forming a micro wedge bottom, suggesting a potential trend continuation. On the daily chart, Nifty 50 is trading within a feasible trading range, currently positioned in its lower half. Traders can employ a strategy of buying at lower levels and selling at higher levels until the market convincingly breaks out above the significant 25,000 mark.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Nifty 50 futures<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Weekly<\/em> Nifty 50 chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/08\/Nifty-50-Big-Round-Number-1.png\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/08\/Nifty-50-Big-Round-Number-1-680x383.png\" alt=\"Nifty 50 Big Round Number\" class=\"wp-image-214700\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/08\/Nifty-50-Big-Round-Number-1-680x383.png 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/08\/Nifty-50-Big-Round-Number-1-300x169.png 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/08\/Nifty-50-Big-Round-Number-1-768x432.png 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/08\/Nifty-50-Big-Round-Number-1-1536x864.png 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/08\/Nifty-50-Big-Round-Number-1-2048x1152.png 2048w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<ul class=\"wp-block-list\">\n<li><strong>General Discussion<\/strong>\n<ul class=\"wp-block-list\">\n<li>The market remains in a strong bull trend as bears failed to initiate a convincing reversal. Therefore, selling should be avoided until there are consecutive strong bearish bars.<\/li>\n\n\n\n<li>Traders who haven\u2019t yet entered the bull market or wish to add to their long positions can consider buying on high-1.<\/li>\n\n\n\n<li>Those already holding long positions should continue to hold until bears manage to form strong consecutive bearish bars.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Deeper into the Price Action<\/strong>\n<ul class=\"wp-block-list\">\n<li>Observing recent price action, bears only managed to create a bearish bar followed by a gap down. However, this gap down lacked further downside follow-through, and bulls closed the gap with a bullish close.<\/li>\n\n\n\n<li>This illustrates the current weakness of the bears based on the ongoing price action. For selling opportunities, traders should await a strong second leg down in the market.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Patterns<\/strong>\n<ul class=\"wp-block-list\">\n<li>The market is currently trading near the significant round number of 25,000. Typically, near such round numbers, trading range price action is common.<\/li>\n\n\n\n<li>Traders should anticipate trading range behavior on lower time frames in the upcoming week.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">The <em>Daily<\/em> Nifty 50 chart<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/08\/Nifty-50-Trading-Range.png\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"383\" src=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/08\/Nifty-50-Trading-Range-680x383.png\" alt=\"Nifty 50 Trading Range\" class=\"wp-image-214703\" title=\"\" srcset=\"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/08\/Nifty-50-Trading-Range-680x383.png 680w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/08\/Nifty-50-Trading-Range-300x169.png 300w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/08\/Nifty-50-Trading-Range-768x432.png 768w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/08\/Nifty-50-Trading-Range-1536x864.png 1536w, https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/08\/Nifty-50-Trading-Range-2048x1152.png 2048w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>General Discussion<\/strong>\n<ul class=\"wp-block-list\">\n<li>The market on the daily chart is currently trading within a defined trading range, suggesting that traders should employ a strategy of buying at lower levels and selling at higher levels.<\/li>\n\n\n\n<li>Given the significant height of this trading range, both bears and bulls have opportunities to profit within this range.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Deeper into Price Action<\/strong>\n<ul class=\"wp-block-list\">\n<li>Over the last 10-20 days, the market has been forming relatively large bars that fail to sustain follow-through movements.<\/li>\n\n\n\n<li>This type of price action is a clear indication of an imminent trading range.<\/li>\n\n\n\n<li>Therefore, even before the boundaries of the trading range are clearly established, traders should adapt their trading approach.<\/li>\n\n\n\n<li>For instance, if your current trading strategy is effective in trending markets but struggles in trading ranges, recognizing these large bars with poor follow-through should prompt a shift to a buy-low, sell-high strategy.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Patterns<\/strong>\n<ul class=\"wp-block-list\">\n<li>The predominant pattern observed on the chart is the trading range.<\/li>\n\n\n\n<li>If the market breaks out bearishly from this trading range, traders can anticipate a measured downward move based on the range&#8217;s height.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\n\n\n\n<h3 class=\"wp-block-heading\">Market analysis reports archive<\/h3>\n\n\n\n<p>You can access all weekend reports on the <a rel=\"noreferrer noopener\" class=\"rank-math-link\" href=\"https:\/\/www.brookstradingcourse.com\/blog\/analysis\/\" target=\"_blank\">Market Analysis<\/a> page.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Market Overview: Nifty 50 Futures Nifty 50 Big Round Number 25000. This week, the market closed bullish with a small body and a short wick at the bottom. Bears attempted but failed to sustain consecutive strong bearish bars, indicating a prevailing bullish trend. Currently, the market shows signs of forming a micro wedge bottom, suggesting [&hellip;]<\/p>\n","protected":false},"author":12159,"featured_media":214700,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"shadow","_genesis_layout":"","footnotes":""},"categories":[136,1851],"tags":[1348,1852],"class_list":{"0":"post-214682","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-analysis","8":"category-nifty-50","9":"tag-big-round-number","10":"tag-nifty-50","11":"entry","12":"override","13":"shadow"},"featured_image_src":"https:\/\/www.brookstradingcourse.com\/wp-content\/uploads\/2024\/08\/Nifty-50-Big-Round-Number-1.png","author_info":{"display_name":"Rishi","author_link":"https:\/\/www.brookstradingcourse.com\/pt-br\/author\/rishi\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/214682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/users\/12159"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/comments?post=214682"}],"version-history":[{"count":0,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/214682\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media\/214700"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=214682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=214682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=214682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}