📊 Nifty 50 Market Analysis – 29th July 2025

 


🗓️ Nifty Recap – July 29, 2025: Choppy Day, Tough Lessons

Today was a highly choppy and frustrating day in the market. Nifty opened weak around 24,609 but slowly crawled up to cross 24,680. However, the move lacked strength and direction, as price action stayed sideways for much of the session.

Midday, Nifty dipped again to around 24,599, creating more confusion, before finally reversing sharply in the later part of the day. It hit a high of 24,847 and closed near 24,821.


📉 My Trading Day:

  • ❌ Got stuck 3 times in PE

  • ❌ Took a CE trade as well, but that also didn’t follow through as expected

  • 💸 Ended with a loss of ₹6,000

  • 😓 Overtrading and ignoring stop-loss led to the damage


🧠 Lessons (RE-)Learned:

  • ⚠️ Stick to SL — this is not optional

  • 🧘 Avoid overtrading on rangebound days

  • 📉 Choppy markets = smaller trades or sit out

  • 📌 Knowing is not enough — discipline is execution


🔍 Key Levels to Watch:

Upside:

  • If Nifty breaks 24,850, we could see 24,92025,020

Downside:

  • If it drops below 24,720, expect 24,65024,580


🧭 Going Forward:

  • 🎯 Aim: 40–50 points per day max

  • 🛑 Hard SL: 20 points

  • ✅ One solid trade > multiple forced trades

  • ✍️ Review trades, refine plan


💬 How Was Your Day?

Did you manage the chop well, or get stuck like me?

Drop your comments below — let's keep growing together.

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