The non-confirmation of the bottom below the 25,500 print has actually played out perfectly from a technical standpoint. What we’re witnessing right now are absolutely wild moves—fast, emotional, and telling.
Importantly, these swings strongly suggest that we are extremely close to a meaningful bottom, if it hasn’t already been formed today. The market is transitioning from uncertainty to discovery, and that phase is never comfortable—but it is always revealing.
The next few sessions are shaping up to be genuinely interesting, as price action here will decide whether this was just noise… or the birth of the next directional move.
NIFTY UPDATE
Published
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