As we discussed yesterday, Nifty has most likely put in a bottom around 24,571 — or at the very least, we are extremely close to the low we’ve been waiting for over the last few sessions.
The way price has behaved tells an important story. Despite all the noise and pressure, the market has absorbed selling surprisingly well. That said, let’s stay honest and disciplined here.
👉 As long as Nifty does not reclaim and sustain above 25,200, the risk is still very much alive.
Until that level clears, this is not a confirmed reversal — it’s a market trying to find its footing.
On the time-cycle side, February 4 really stands out. These time windows often show up when selling is tired and emotions are stretched — and that’s exactly the environment we’re in right now.
What’s interesting is the global picture as well:
The kind of liquidation we’ve just seen in precious metals usually doesn’t go on forever.
More often than not, it’s followed by stability and rotation, not another straight-line fall.
If that’s the case again, Feb 4 could mark the point where things start calming down.
📌 How to think about this phase
This is not the time to chase headlines or panic with every tick. It is the time to start looking closely at selective stocks, building positions slowly and smartly, while keeping risk tight.
We don’t need to be heroes calling the exact bottom.
We just need to be ready when the market admits it.
Let price do its job.
Let time play out.
The next few sessions — especially around Feb 4 — should be very telling.
