19 May 2025 - “Nifty 50 Prediction: Will the Market Crash or Breakout Above 25,075?”
Nifty 50 is currently consolidating near the 25,000 level on the hourly chart. Here’s a quick breakdown of today’s market setup, key levels, and trading strategy.
Current Market Status:
- Index: Nifty 50 (1-Hour timeframe)
- Current Price: 25,014.20
- RSI: 60-65 – healthy bullish momentum
- Supertrend: Bullish bias intact
Trading Plan:
| Date | Bias | Action Trigger | Target | Stop Loss | Remarks |
|---|---|---|---|---|---|
| 19-May-2025 | Bullish (Caution) | Buy above 25,075 (closing candle) | 25,150 / 25,200 | 24,970 | Breakout trade if sustained above resistance |
| 19-May-2025 | Cautious Bearish | Sell below 24,900 | 24,750 | 25,025 | Downside opens if 24,900 breaks |
RSI Insights:
The RSI indicator is currently hovering in the 60-65 zone, indicating positive momentum. Watch for any divergence or a sudden drop as a caution signal.
Chart Overview:
As of now, it is moving in no trading range and one has to wait patiently for levels to break. Meantime, it belongs tothe option seller. Right now, market is not with the same momentum as of past weeks. This is consolidating in the range.
The key is that it is consolidating at high. You cannot say exactly if it is resting to go higher or losing steam for further rise. It can move either ways. So be careful.
Disclaimer:
This analysis is for educational purposes only. Always consult your financial advisor before trading in the stock market.
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