Despite the pullback, the sequence of psychological .Nik closes more than 24,000 mark, which can provide short -term stability. However, especially in the light of geographical political tensions between India and Pakistan, instability remains elevated.
Operation Sindur, which started on May May, made a knee shock not only in equity but also in the currency market.
Since the launch of the operation, the Indian rupee has weakened 1.1%, investors of risk-sensitive environment are currently navigating.
As the market digests this development, short-term traders and intraday participants should mark their Alend Landers for the week of 12-1 May.
During trading sessions, some key time slots can provide an ideal for scaling or faster speed-based trade windows.
For example, May 12 shows the early action at 9:20 am, at 11:00 am in the middle of the morning and after lunch at 1:20 pm.
Similarly, May 14 and May 16 give multiple intraday opportunities around noon and late afternoon.
Etmarkets.comBut the date of mind is May 19, 2025 – is marked as a special monthly Momentum Day. The cost around this date may either validate or shift the ongoing trend.
It presents a crucial opportunity to consider traders confirmed entries, book partial profits or protective adjustments to their portfolio.
Technically, the Nifty spot layer includes 24,450, 24,538 and 25,089 to be monitored. On loss, support is less than 24,330, 24,142 and 23,320.
For bank Nifty, the bullish zone is 55,960 and 57,600, while the key supports the remaining 53,922 and 48,736.
Traders are especially advised to influence the movement of spirit and price with geographical political headlines. May 19, the market may provide the necessary clarity to define the next phase of action.
(Author Director, Wealth View Analytics Pvt.
(Disclaimer: The views given by recommendations, suggestions, opinions and experts are their own. This does not represent the views of the economic time)
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