02-04-2025

The Nifty 50 index is facing a highly volatile phase, with traders eyeing critical support and resistance levels. Adding to the uncertainty, U.S. President Donald Trump’s latest tariff war threats could have a direct impact on Indian exports and global market sentiment.

Will Nifty rebound toward 24,000, or is a sharp sell-off below 23,000 on the horizon? Let’s break it down!

02-04-2025

Nifty’s Current Price Action & Key Technical Levels

📉 Current Level: 23,165 (-1.50%)
📊 Key Support Zone: 23,100-22,800 – Bulls must hold this level to prevent further downside.
🚀 Resistance Zone: 23,600-23,850 – A breakout here could signal further upside.
🔍 Technical Indicators: RSI is cooling off, while MACD suggests declining momentum. In Daily Charts 200 EMA is broken where as 60 minutes time frame is giving a support near 200 EMA.                                                                                                                                              

02-04-2025

🔴 Global Factors to Watch Today (April 2, 2025)

🌍 Trump’s Trade War Rhetoric – New tariff announcements expected soon.
📉 U.S. Jobs & PMI Data – Could impact Fed’s rate outlook.
💰 Crude Oil Price Trends – Key for inflation-sensitive sectors.
📊 FII & DII Trading Activity – Will institutions support the market?

02-04-2025

Bullish Case: Can Nifty Regain Strength?

If buyers step in, Nifty could target 23,800-24,200 in the short term.

Factors Driving a Bullish Move:
✅ Strong demand near 23,100-23,200 support.
✅ Foreign Institutional Inflows (FII) stabilizing the market.
✅ Positive cues from global markets and resilient domestic sectors (Banking, IT) can provide a boost 

02-04-2025

Bearish Case: A Breakdown Below 23,000?

If 23,100 support fails, selling could accelerate toward 22,800-22,600 or even lower.

Risk Factors for Nifty’s Downside:
❌ Trump’s Tariff War Threat – A potential tariff hike on China and India could disrupt exports, impacting IT, Pharma, and Auto stocks.
❌ U.S. Bond Yields Rising – A hawkish Fed stance may trigger foreign outflows.
❌ Crude Oil Prices & Inflation Worries – Higher costs could weigh on Indian markets.

02-04-2025

Final Verdict: Brace for High Volatility!

With Trump’s trade policies shaking up global markets, Nifty 50 is at a critical inflection point. A decisive move above 23,600 could trigger a rally, while a break below 23,100 may lead to sharp selling pressure.

📢 Traders, stay alert! Risk management is key in this unpredictable market!

#Nifty50 #StockMarketCrash #TrumpTariffs #TradeWar #Trading #StockMarketIndia #GlobalMarkets #TechnicalAnalysis

02-04-2025

 Disclaimer:"The securities & commodities quoted are for illustration only and are not recommendatory."Vikash Bagaria SEBI Registered Research Analyst - INH300008155

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