NIFTY 50 Outlook - Part 1 (Daily Chart) Investment banks are bullish, with most targeting 28,500–30,000 in 2026. Will they be wrong again? NSEI has satisfied all cycle targets on the daily chart, and the cycle composite indicates that a reversal is due. However, momentum is still down, as per cRSI. I'd like to see a positive cRSI divergence for a 2-3 month trading opportunity. What about the longer term? Stay tuned for weekly and monthly chart analysis in Parts 2 and 3.
Published Mar 12, 2026Updated Mar 12, 20262 min read
NIFTY 50 Outlook - Part 1 (Daily Chart) Investment banks are bullish, with most targeting 28,500–30,000 in 2026. Will they be wrong again? NSEI has satisfied all cycle targets on the daily chart, and the cycle composite indicates that a reversal is due. However, momentum is still down, as per cRSI. I'd like to see a positive cRSI divergence for a 2-3 month trading opportunity. What about the longer term? Stay tuned for weekly and monthly chart analysis in Parts 2 and 3.
