Morning Update – 21st May 2025
Tuesday turned out to be a day dominated by bears, with Nifty 50 Nifty slipping over 1% and closing near the low of the session. Weakness was visible from the start, and once the crucial intraday support at 24,800 was breached, selling pressure intensified across the board. The index now approaches a key zone of 24,400–24,500 — the same region that had triggered the prior breakout and sharp up move. Multiple moving averages are also clustered here, making it a crucial area to watch for potential support.
Market breadth took a hit, with the Nifty 500 advance-decline ratio skewed heavily in favour of declines, reflecting broad-based selling. Importantly, this still looks like a pullback within a bullish structure as long as 24,400–24,500 holds*.
Nifty Bank Bank Nifty also followed the market’s weakness, though it held slightly better than Nifty. It now sits close to short-term support levels. PSU and private banks alike participated in the down move, but no major breakdown yet on structure.
As long as 54,000 is defended, we may see a base-building setup here. Watch for a bounce-back near these support zones.
🔍 What’s Working in the Market
Sectoral heatmap was completely red — not a single major sector ended in green.
Defence stocks were the worst hit after last week’s outperformance — sharp profit-booking dragged the segment lower.
Both Nifty Metal Metal and Nifty Auto formed bearish engulfing candles at resistance zones — breakdown below yesterday’s lows will confirm the bearish reversal pattern.
stock-specific action is still present, but traders must be extremely selective — this is not a broad rally anymore. The market demands high conviction setups and disciplined risk-taking.
🌍 Macro Watch
The Dollar Index broke below the 100 mark, a positive for emerging markets overall.
India VIX hovered around 17 — no panic, but elevated levels suggest caution.
US indices* ended flat on Tuesday, offering no strong directional cue.
📌 To Conclude
The short-term momentum has shifted into a pullback phase, but the broader uptrend is not broken yet. The 24,400–24,500 zone on Nifty is make-or-break. Until that holds, this decline can still be viewed as a routine correction. With sectoral weakness and bearish breadth, traders should tread carefully — *this is a stock picker's market, but only for those managing risk tightly.
Stay selective, stay nimble.
Tuesday turned out to be a day dominated by bears, with Nifty 50 Nifty slipping over 1% and closing near the low of the session. Weakness was visible from the start, and once the crucial intraday support at 24,800 was breached, selling pressure intensified across the board. The index now approaches a key zone of 24,400–24,500 — the same region that had triggered the prior breakout and sharp up move. Multiple moving averages are also clustered here, making it a crucial area to watch for potential support.
Market breadth took a hit, with the Nifty 500 advance-decline ratio skewed heavily in favour of declines, reflecting broad-based selling. Importantly, this still looks like a pullback within a bullish structure as long as 24,400–24,500 holds*.
Nifty Bank Bank Nifty also followed the market’s weakness, though it held slightly better than Nifty. It now sits close to short-term support levels. PSU and private banks alike participated in the down move, but no major breakdown yet on structure.
As long as 54,000 is defended, we may see a base-building setup here. Watch for a bounce-back near these support zones.
🔍 What’s Working in the Market
Sectoral heatmap was completely red — not a single major sector ended in green.
Defence stocks were the worst hit after last week’s outperformance — sharp profit-booking dragged the segment lower.
Both Nifty Metal Metal and Nifty Auto formed bearish engulfing candles at resistance zones — breakdown below yesterday’s lows will confirm the bearish reversal pattern.
stock-specific action is still present, but traders must be extremely selective — this is not a broad rally anymore. The market demands high conviction setups and disciplined risk-taking.
🌍 Macro Watch
The Dollar Index broke below the 100 mark, a positive for emerging markets overall.
India VIX hovered around 17 — no panic, but elevated levels suggest caution.
US indices* ended flat on Tuesday, offering no strong directional cue.
📌 To Conclude
The short-term momentum has shifted into a pullback phase, but the broader uptrend is not broken yet. The 24,400–24,500 zone on Nifty is make-or-break. Until that holds, this decline can still be viewed as a routine correction. With sectoral weakness and bearish breadth, traders should tread carefully — *this is a stock picker's market, but only for those managing risk tightly.
Stay selective, stay nimble.
S&P 500 snaps six-day winning run. S&P 500 has rallied more than 20% since hitting an April low!
Today Global Market update
Gifnifty showing a flat opening
DowJones -0.27%
Nasdaq -0.38%
S&P500 -0.39%
Tech stocks under pressure
Nvidia -0.9%
Advanced Micro Devices, Meta Platforms, Apple & Microsoft also dropped
Tesla +0.5% after CEO Elon Musk voiced his commitment to leading the electric vehicle maker for the next five years
Major Tax Bill yet to get a go ahead!
👉 President Trump was unable to sway key House Republicans to drop their oppositions to a major tax bill over a cap on deductions for state and local taxes
👉 Trump was hoping to see passed before the upcoming Memorial Day weekend
Bonds
30-year yield wavers near key 5% level
10-year yield at 4.49%
Other Asset Classes
💲Dollar Index at 99.8
⛽️ Brent Crude at 66.3$/barrel
💸 Bitcoin at 106806$
🪙 Gold +2% at 3,295$/ounce, on safe-haven demand & softer dollar
Today Global Market update
Gifnifty showing a flat opening
DowJones -0.27%
Nasdaq -0.38%
S&P500 -0.39%
Tech stocks under pressure
Nvidia -0.9%
Advanced Micro Devices, Meta Platforms, Apple & Microsoft also dropped
Tesla +0.5% after CEO Elon Musk voiced his commitment to leading the electric vehicle maker for the next five years
Major Tax Bill yet to get a go ahead!
👉 President Trump was unable to sway key House Republicans to drop their oppositions to a major tax bill over a cap on deductions for state and local taxes
👉 Trump was hoping to see passed before the upcoming Memorial Day weekend
Bonds
30-year yield wavers near key 5% level
10-year yield at 4.49%
Other Asset Classes
💲Dollar Index at 99.8
⛽️ Brent Crude at 66.3$/barrel
💸 Bitcoin at 106806$
🪙 Gold +2% at 3,295$/ounce, on safe-haven demand & softer dollar
🙏 GOOD MORNING ALL 🌻
🌺 Have A Profitable Day today 🌹
PLEASE CONSULT YOUR FINANCIAL ADVISOR
BEFORE BUYING OR SELLING.
THANKS! ✨
Few useful Abbreviations for new traders:
SL: Stop Loss
TGT: Target
CMP: Current Market PRICE
BTST: Buy Today Sell Tomorrow
STBT: Sell Today Buy Tomorrow
The profit/loss figures mentioned are indicative and based on assumptions.
Futures: Single Lot
OPTIONS: Single lot
Index: 4-5lots
🌺 Have A Profitable Day today 🌹
PLEASE CONSULT YOUR FINANCIAL ADVISOR
BEFORE BUYING OR SELLING.
THANKS! ✨
Few useful Abbreviations for new traders:
SL: Stop Loss
TGT: Target
CMP: Current Market PRICE
BTST: Buy Today Sell Tomorrow
STBT: Sell Today Buy Tomorrow
The profit/loss figures mentioned are indicative and based on assumptions.
Futures: Single Lot
OPTIONS: Single lot
Index: 4-5lots
🙏 GOOD MORNING ALL 🌻
🌺 Have A Profitable Day today 🌹
PLEASE CONSULT YOUR FINANCIAL ADVISOR
BEFORE BUYING OR SELLING.
THANKS! ✨
Few useful Abbreviations for new traders:
SL: Stop Loss
TGT: Target
CMP: Current Market PRICE
BTST: Buy Today Sell Tomorrow
STBT: Sell Today Buy Tomorrow
The profit/loss figures mentioned are indicative and based on assumptions.
Futures: Single Lot
OPTIONS: Single lot
Index: 4-5lots
🌺 Have A Profitable Day today 🌹
PLEASE CONSULT YOUR FINANCIAL ADVISOR
BEFORE BUYING OR SELLING.
THANKS! ✨
Few useful Abbreviations for new traders:
SL: Stop Loss
TGT: Target
CMP: Current Market PRICE
BTST: Buy Today Sell Tomorrow
STBT: Sell Today Buy Tomorrow
The profit/loss figures mentioned are indicative and based on assumptions.
Futures: Single Lot
OPTIONS: Single lot
Index: 4-5lots
NIFTY 29 MAY 24800 CE
ABOVE :- 140
TARGET 180_250
STOPLOSS : PREMIUM 🦋🦋
🔼 🔼 🔼 🔼 🔼 🔼 🔼 🔼
ABOVE :- 140
TARGET 180_250
STOPLOSS : PREMIUM 🦋🦋
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Q Aaya mja 🤑🤑🤑🤑🤑
Like To Bnta Hai Na Malik🙈🙈😂😂
Brand is Always Brand 👍💰 💰 💰 💰 💰 💰 💰
Like To Bnta Hai Na Malik🙈🙈😂😂
Brand is Always Brand 👍
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