Profit From IT (Profit Finstock Pvt Ltd) (MONEY AT WORK)
Profit From IT (Profit Finstock Pvt Ltd) (MONEY AT WORK)
May 30, 2025 at 03:02 AM
*Daily Nifty 30th May 2025 Friday* *What We discussed Yesterday:* Nifty was 24826 Considering the lower low lower high yesterday, the important level to track today should be yesterday’s high 25063. Nifty’s failure to move beyond 25063 could drag Nifty lower further for the 2nd day in a row towards 24666 making the lower low or even 24505. We may see supportive attempts near 24463. The recovery back toward making the new recovery high could be seen if & only if Nifty shows the strength moving beyond 25063, else biases could be flat to -ve. Hence the level to track today should be 25063 close for the decisive move ahead. The Strategy was simple, 21716 was used as the buying strong level while 25306 could be used as a 5% profit booking or cash creation range. Buy during falls and avoid buying during rallies. *What Happened till Yesterday:* Nifty is 24834 The Nifty for the last 2 days has been moving in a small range ahead of GDPfy25 announcement on 31st May. Yesterday was the 56th day of the recovery “x” phase with a total recovery of 3372 points which is 15.5% strong recovery as assumed. The real correction in Nifty started from 30th September & we saw the total damage of 4533 points in the total 107 days which is 17.3% damage, now it's 164 days of correction (since we saw the lifetime high level of 26277). The fall can be splitted into 4 phases. The first fall ‘a’ phase was seen for 2 months (36 days) & 3014 points (-11.5%) which was followed by the “b” recovery phase for 1 month time wise ( Actually 10 days) & 1595 points price wise which was mere 6.9% recovery. The Nifty entered in “c” fall again. February was the 2nd month (61 days) of the fall where Nifty fell 2893 points price wise which is 11.6%. We assumed the “c” fall getting wind-off near 21716 from where huge “x” buying phase for 5 months could be seen taking Nifty at least towards 25306 which is near to 3400 points & 15% recovery almost. Taking this into account we have already seen recovery till the 1st target 25116 in the 3rd month of recovery itself which earlier then what we estimated. Nifty has entered into the profit booking range near 25306. Strategy should be simple: The buying has been recommended during the fall near 21716 doing more SIP & now can book some 5% profits as Nifty approaches towards 25306. If you have enjoyed the whole correction to taking benefits of long term investing now can enjoy profit booking also. *What to expect Today:* Nifty is 24834 Ahead of GDP data on the last day of the week, the important level to track should be previous week low, 24462. Any fall till …full report at: https://www.profitfromit.co.in/course/NIFTY-50-Daily-Tracker-Stock-Market-Index/lessons/419/read *+ve Indices:* Metal, MNC, Pharma, Realty, *-ve Indices:* *Insider Stories: Big Fish Activities * 📈 **Life Insurance Corporation Bought Nestle India** on 23/05/25 in the quantity of 1.5 Lakh shares, which is a big 0.01% stake. Now they hold 5% stake. 📈 **Life Insurance Corporation Bought Havells** on 23/05/25 in the quantity of 1 Lakh shares, which is a big 0.01% stake. Now they hold 5% stake. 📉 **HDFC Mutual Fund Sold DeltaCorp** on 23/05/25 in the quantity of 54.11 Lakh shares, which is a big 2.02% stake. Now they hold just 7.18% stake. 📈 **Life Insurance Corporation Bought Patanjali** from 04/03/25 to 22/05/25 in the quantity of 73.51 Lakh shares, which is a big 2.02% stake. Now they hold 9.08% stake. 📈 **DSP Trustee Bought Prince Pipes** on 21/05/25 in the quantity of 42441 shares, which is a big 0.04% stake. Now they hold 5.02% stake. DISCLOSURE: FOR EDUCATION PURPOSES, DO NOT TREAT AS A RECOMMENDATION Nifty Daily Updates only at: https://www.profitfromit.co.in/course/NIFTY-50-Daily-Tracker-Stock-Market-Index/lessons/419/read
Image from Profit From IT (Profit Finstock Pvt Ltd) (MONEY AT WORK): *Daily Nifty 30th May 2025 Friday*  *What We discussed Yesterday:* Nif...

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