K KARTHIK RAJA
K KARTHIK RAJA
February 14, 2025 at 05:54 PM
NIFTY ENERGY Index – Key Stats & Technical Outlook (14.02.2025) 📉 *Note: Time to start accumulating for a medium-term perspective (15 to 18 months).** Author: K Karthik Raja (MCA, MBA, M.Com, MSc Psychology, PGJMC, CST, MDAT, CFA Pursuant) * NIFTY ENERGY - Current Price: ₹32,817.30 * 52-Week High: ₹45,022.15 : 52-Week Low: ₹31,511.70 * Fall from High: -12,204.85 points (-27.10%) Key Technical Levels: * Strong Support: ₹28,900 – Holding firm at this level. * Expected Recovery Zone: ₹28,900 – ₹31,600 Stock Performance & Market Breadth: * Only 7% of NIFTY ENERGY stocks are trading above the 50 DMA. * Almost all stocks in the index are trading below the 200 DMA. * Market Breadth is Oversold – A strong recovery is expected anytime! ENERGY Outlook * Bearish sentiment persists, but downside seems limited. * Watch for bounce signals from oversold levels. * Breakout above ₹35,000 could indicate trend reversal. * Strong Support: ₹28,900 – Holding firm at this level. * Expected Recovery Zone: ₹28,900 – ₹31,600 * Time to Accumulate Energy stocks for Medium Term Perspective 15- 18Months Horizon * Short Term Not advisable as Risk Reward is not Encouraging * Short-term traders beware – Risk-reward ratio not favorable. Risk Management Tips: ✅ Always keep a strict stop-loss to avoid huge losses. ✅ Always check the risk-reward ratio before investing. Disclaimer: This analysis is for educational and informational purposes only and should not be considered as financial advice. Stock market investments are subject to market risks; please consult a qualified financial advisor before making investment decisions. The author holds no liability for any financial losses incurred.

Comments