Colonel's Stock Advisory

Retired Indian Colonel turned into stock advisor who devised unique statistical methods over 10 years. I research, buy, recommend and beat the stock market !

[Colonel's Stock Advisory @Colonel_stocks1]

Nifty 50 Assessment – 26 June
Previous Session (25 June):
Close: 24,056
High: 24,261
Low: 23,784
Assessment
This assessment is for the remaining trading days of June, including the month-ending session on 26 June.
Over the next few days, Nifty has the potential to move towards the 24,502–24,527 zone. However, beyond this range, the charts are already indicating signs of weakness. Technically, the index is not expected to sustain a further upward move after testing this target zone.
One of the reasons is the six-month candle structure. The six-month candle ending 31 December 2025 recorded a high of 26,325, a low of 24,337, and a close of 26,129. Since June also marks the end of a six-month period, some profit booking or selling pressure may emerge. This possibility is also supported by the current chart patterns.
For Nifty to reach the upper target of 24,527, it must remain above the monthly retracement level of 24,112 during the next few trading sessions. If Nifty fails to sustain above this important support, it may decline towards the 23,698–23,642 zone.
Technically, I believe that after Nifty tests the 24,527 level, it is unlikely to have sufficient strength to continue its upward move. Therefore, a downward correction and selling pressure are likely to emerge thereafter.
I will trade accordingly.

[Colonel's Stock Advisory @Colonel_stocks1]

NIFTY 50 ASSESSMENT
For 25 June 2026
Nifty closed on 24 June at 24,021. The day's high was 24,090 and the low was 23,789.
1. Near-Term Outlook
Over the next few days, Nifty is expected to remain highly volatile, with no clear one-way direction. However, the broader indication is that the market is approaching an important turning point, and a meaningful upward move may begin either during this week or the next.
From a daily chart perspective, the immediate direction remains downward. An important indication of this weakness is that Nifty may not be able to sustain above 23,930. Although the index may initially move higher during the day, it is likely to face resistance and retrace lower thereafter.
2. Important Support Levels
As Nifty retraces downward, the following support levels will be important:
23,930 – Immediate reference level for today's trade.
23,774 – Next likely downside target, either today or over the next few sessions.
23,636 – A major support zone during the bottom formation process.
23,432 – An extreme downside level that may be tested during the final phase of bottom formation.
3. Weekly Chart Analysis
On the weekly chart, some of the smaller cycles remain in a downward phase. However, the larger cycles continue to show an upward bias. This suggests that despite the present volatility, the market is likely to change direction and resume its upward trend during the current week.
4. Monthly Chart Analysis
The monthly chart continues to show an unmistakable upward bias. This indicates that the present weakness may represent the final stages of the correction phase and that Nifty could begin moving higher in the near future.
5. Quarterly Chart Analysis
On the quarterly charts, the smaller cycles have already begun moving upward. While some additional time may be required before the full impact is visible, the longer-term structure remains constructive and supportive of higher levels ahead.
6. Final Assessment
My assessment is that the market may have already touched its significant low, or is very close to doing so. Importantly, this low is expected to remain above the previous major low.
The likely bottom formation zone is expected between 23,579 and 23,600. This zone should be watched carefully, as it may represent the final phase of the ongoing correction.
Once the bottom formation is completed, there is a strong possibility of a sharp upward move. Such an advance may develop quickly and may not provide investors sufficient time to accumulate positions at lower levels. Therefore, the present phase appears to be the concluding stage of the bottom formation process.
The first indication of renewed strength will be when Nifty, after touching the bottom zone, starts sustaining above 23,930, a level that it is currently failing to hold.
Buying interest is expected to emerge in the lower range, and the first upside targets will be:
24,441 – First target.
24,557 – Next likely target.
Conclusion
The coming few sessions are likely to remain volatile, with downward pressure continuing during the bottom formation process. However, the broader technical structure suggests that Nifty is in the final stages of forming a bottom. Once this process is complete, a strong upward move is likely to follow. Accordingly, buying on declines may provide opportunities, as the market appears to be preparing for its next upward phase.
This version incorporates both corrections:
Bottom formation range corrected to 23,579–23,600.
Added the view that the market appears to be in the last phase of bottom formation and that the subsequent upward move may be swift and may not provide much opportunity for buying at lower levels.

[Colonel's Stock Advisory @Colonel_stocks1]

Nifty 50 Assessment
Nifty is currently on screen at 24,042, up by about 216 points.
At present, there is considerable confusion among market participants regarding whether Nifty is headed higher or whether another downswing is likely. My assessment is that the daily and weekly charts continue to indicate caution and weakness, while the monthly and quarterly charts show a slight positive bias.
A key level to watch is 23,931, which is an important retracement line. Nifty has already crossed this level, which is a positive sign. However, for a meaningful bullish move to develop, Nifty must convincingly cross and sustain above the 23,931–24,120 zone. This entire range should be cleared decisively.
Another very important level is 24,018, which lies on a significant trend line. This point is crucial for the short-term direction of the market. Nifty remaining below 24,018 should be considered negative, whereas Nifty staying above 24,018 and subsequently crossing 24,120 would be a positive development, indicating strengthening momentum.
Historically, once such a retracement zone is crossed and sustained, buying interest tends to emerge automatically and momentum improves. Therefore, a convincing move above 24,120, along with sustained trading above the 23,931–24,120 range, would be the first indication that bullish strength is returning to the market.
On the other hand, if Nifty fails to sustain above this zone and falls back below it, especially below the 24,018 trend-line level, the possibility of another downswing or corrective phase cannot be ruled out.
Conclusion
The immediate outlook remains cautious due to weakness on the daily and weekly charts. However, the broader picture remains constructive as long as Nifty successfully holds above 24,018 and sustains above the 23,931–24,120 retracement zone. A decisive breakout above 24,120 would likely attract fresh buying and improve sentiment, whereas failure to hold these levels may lead to further downside.

[Colonel's Stock Advisory @Colonel_stocks1]

Nifty 50 Assessment – 24 June
Previous Session Data (23 June)
Open: 24,071
High: 24,135
Low: 23,784
Close: 23,824
Assessment
The monthly trend of Nifty 50 remains down. Based on the current market structure, Nifty is likely to remain under pressure today and may continue to trade with a negative bias over the next few days.
An important indicator of weakness will be Nifty's inability to sustain above the 24,104–24,119 zone. Failure to hold above this range would reinforce the bearish outlook.
A decisive negative signal will emerge if Nifty breaks below the 23,994–23,931 range. Once this range is left behind on the downside, the next important target could be as low as 23,713.
There is also an important observation that below 23,931, a gap exists extending toward 23,713. If weakness accelerates, Nifty may move through this zone relatively quickly.
The worst-case scenario would develop if Nifty fails to sustain above 23,713 over the coming days. In that event, the index may decline further toward 23,635.
For reference, the previous month's:
Low: 23,262
High: 24,482
Close: 23,547
We will continue to assess the market for any change in behaviour. However, as of now, Nifty appears likely to remain under pressure and may continue to trade lower over the next few days.
Key Levels
Resistance Zone: 24,104–24,119
Breakdown Zone: 23,994–23,931
Downside Target: 23,713
Extended Downside Target: 23,635
Current Bias: Negative (monthly trend down)

[Colonel's Stock Advisory @Colonel_stocks1]

Nifty Assessment – 23 June
Nifty closed on 22 June at 24,102. The day's high was 24,168 and the low was 24,073.
Nifty continues to remain very strong. Although there may be a small intraday correction and the index may close slightly below the day's top, the overall trend remains firmly positive.
Nifty is strong on the daily, weekly, monthly, and quarterly time frames, indicating continued strength in the broader market structure.
The next three upside targets for Nifty are:
24,221
24,346
24,505
On the downside, an important support level is placed near 23,845. However, it is not likely that Nifty will test this level today; it should be viewed only as a key support reference.
I will trade accordingly.

[Colonel's Stock Advisory @Colonel_stocks1]

Nifty 50 Assessment for 22 June
Nifty closed on 19 June at 24,013. The day's high was 24,047 and the low was 23,901.
Assessment:
Nifty remains in a strong bullish structure. The key level to watch is 24,091. As long as Nifty is not able to sustain below 24,091 for any meaningful period, the overall trend should continue to remain positive.
The most likely scenario is that Nifty may witness some weakness or a small dip during the initial hours of trading today. However, this weakness is expected to be temporary, and there is a strong possibility that the market may recover before the close.
The weekly, monthly, and even quarterly charts remain well poised for an upward move, indicating that a strong underlying buying trend is in place. Therefore, any correction, if it occurs, should be viewed as a buying opportunity rather than a reason to take short positions.
The broader outlook suggests that Nifty is preparing for a strong upward move. The first important target on the upside is 24,505. Once this level is crossed and sustained, the next likely target is 24,921.
Overall, the trend remains positive, buy-on-dips remains the preferred strategy, and short positions should be avoided unless there is a significant deterioration in market structure.

[Colonel's Stock Advisory @Colonel_stocks1]

NIFTY 50 ASSESSMENT – 19 June

Nifty 50 closed on 18 June at 24,168. The day's high was 24,189, while the low was 24,036.

Assessment for 19 June

Nifty is likely to remain strong today and is not expected to witness any significant decline. However, there is a possibility of a dip during the trading session, and the market's direction thereafter will become clearer based on its response to that dip.

Nifty sustaining above 24,122 should be considered strong, and the index may continue its move towards the next target of 24,280.

It may also avoid any meaningful dip during the latter half of the trading session.

In all probabilities, Nifty sustaining above 23,949 should be considered positive. Nifty should continue to hold above this level, as it would be an important indication of underlying strength and a key condition for a strong Nifty.

Outlook for Next Week

For the coming week, I expect Nifty to touch the 24,410–24,422 range. After reaching this range, some correction can be expected.

Accordingly, I will continue to assess the market and trade in line with these levels and expectations.

[Colonel's Stock Advisory @Colonel_stocks1]

NIFTY 50 ASSESSMENT – 18 JUNE 2026
Nifty closed on 17 June at 24,085. The day's high was 24,108 and the low was 23,969.
Assessment:
For the next few days, there appears to be no major obstacle to the ongoing uptrend in Nifty. Nifty remains in a strong technical position and the trend continues to favor the bulls.
The immediate likely targets for Nifty are:
24,114
24,279
24,442
24,496
24,670
The minimum likely target over the next few days is 24,496. However, even if there is a small correction or brief consolidation on the way, a move towards 24,670 remains very much possible.
As of today, the weekly, monthly, and quarterly charts continue to indicate positive momentum and further upside potential.
I will trade accordingly.

[Colonel's Stock Advisory @Colonel_stocks1]

ZENTEC is currently trading within the 1,846–1,848 range and is exhibiting a modest decline.

Assessment: The stock continues to demonstrate a robust technical setup. Any short-term weakness may provide an attractive opportunity for accumulation. The broader trend remains positive, supporting a constructive long-term outlook. As such, the stock appears well-suited for inclusion in long-term investment portfolios.

Accordingly, investors may consider accumulating positions during price corrections rather than chasing the stock at higher levels.

[Colonel's Stock Advisory @Colonel_stocks1]

Nifty closed on 16 June at 23,989. The day's high was 24,002 and the low was 23,888.
Assessment: Nifty is not weak for at least the next one week; however, it is not showing exceptional strength either. The index is likely to remain in a trading zone. On the upside, the immediate monthly resistance level is around 24,233, while the next monthly resistance is at 24,684. However, Nifty is not likely to touch the higher resistance of 24,684 in the near term.
On the monthly charts, Nifty is showing signs of an uptick. Nevertheless, intermittent dips cannot be ruled out. On the downside, Nifty may test 23,762, where buying interest is likely to emerge. If buying support does not appear at that level, the index may drift towards 23,589, depending on the market scenario over the coming days and weeks.
Further, if during the next 5 to 10 days Nifty breaks below 23,762, then the next major support is likely to be around 23,442. This is a very strong buying zone, and significant buying interest is expected to emerge there.
For today, Nifty may show an initial dip, but it is not expected to remain weak. The immediate objective for the index is to sustain above the 24,000 mark. If it manages to do so, its first target is likely to be around 24,012 at the minimum.
Accordingly, I will trade.
Best wishes for your trading day.

[Colonel's Stock Advisory @Colonel_stocks1]

Nifty 50 Assessment – 16 June
Nifty closed on 15 June at 23,854. The day's high was 24,011 and the low was 23,817.
Overall, Nifty remains strong and continuation of the uptrend is likely. However, some intraday correction or a brief correction over the next one or two days cannot be ruled out before the momentum resumes.
Option 1: If Nifty continues its upward move in the early hours, it may first target 24,061 and thereafter extend the rally towards 24,193, either today or over the next one or two trading sessions.
Option 2: Nifty may witness a small dip and fail to sustain above 23,848, which is an important monthly trend line. In that case, it may correct towards 23,734, either today or over the next few days.
Overall, Nifty remains strong above 23,734 and is not likely to revisit the lower ranges. I will trade accordingly.

[Colonel's Stock Advisory @Colonel_stocks1]

Assessment on TATA TECH
TATA TECH is now on screen at 767.40.
As per my earlier assessment at 682 on 08/10/26 .👆TATA TECH continues to be a good buy for long-term investors. The stock remains fundamentally strong and is suitable for investors looking at a long-term time frame. Short-term fluctuations may continue, but the broader outlook remains positive. Investors who missed earlier opportunities may consider accumulating the stock gradually with a long-term perspective.
Further updates will follow based on market and chart developments.

[Colonel's Stock Advisory @Colonel_stocks1]

TATATECH is now 673. It's a stock to be watched closely and gradually accumulated. Its higher time frame charts, especially six-monthly and above, are showing a very strong setup. In fact, for the first time, the stock is displaying such constructive long-term graphics.
The stock had touched highs around 690–697 in January 2026, then corrected and recovered strongly from lows near 507–521. It is now back near the 660 zone, while yesterday’s high was around 672.
Technically, it looks like a good buy at current levels. I am already holding it and would like to add more.

[Colonel's Stock Advisory @Colonel_stocks1]

PARAS DEFENCE ASSESSMENT

PARAS is now on screen at ₹1,056, down by 3.66%.

In my assessment, PARAS remains an undoubtedly strong stock on the higher time frames. Its long-term chart structure continues to be constructive, and the present decline appears to be offering an opportunity rather than a reason for concern.

For investors who have missed earlier buying opportunities in the market, PARAS at the current level appears to be a good accumulation candidate. The stock continues to possess strong long-term potential, and the present weakness may be utilized for fresh buying, subject to individual risk considerations.

Accordingly, I consider PARAS a good buy at the current rate.

[Colonel's Stock Advisory @Colonel_stocks1]

NIFTY 50 ASSESSMENT FOR 15 JUNE
Nifty closed on 12 June at 23,623. The day's high was 23,645, the low was 23,313, and it opened at 23,645.
Assessment
Based on the strong move witnessed on 12 June, Nifty's continued downtrend appears to have halted for the time being. On both the daily and weekly charts, the index is showing signs of continuation on the upside.
On the weekly charts, Nifty is indicating the possible formation of a bottom, with buying interest emerging from lower levels. However, the index still remains negative on the monthly charts. While some buying is expected to continue, downside moves cannot yet be ruled out.
The monthly and quarterly charts suggest that Nifty may continue to witness intermittent dips. In particular, the quarterly charts indicate that strong corrective moves are still possible from time to time.
From a practical trading point of view, Nifty can be considered to have decisively ended its downtrend only if it crosses and sustains above the important level of 23,915. Only then can the present downtrend be assumed to be over.
Important Resistance Levels
23,915 – Confirmation level for trend reversal
24,119 – First resistance
24,503 – Second resistance
24,606 – Third resistance
Accordingly, I will trade.

[Colonel's Stock Advisory @Colonel_stocks1]

MTAR Tech is currently on screen at 7,073, up approximately 12%.
From my point of view, the stock has entered a zone where profit booking should be considered. At current levels, it appears to be a sell.
A close watch should be maintained on the level of 6,871. The stock should not be held below 6,871, as a breach of this level may indicate a deterioration in the present technical structure.
I will trade accordingly.

[Colonel's Stock Advisory @Colonel_stocks1]

In para 4 of the post below, read 23272 for 23072.

[Colonel's Stock Advisory @Colonel_stocks1]

NIFTY 50 ASSESSMENT FOR 12 JUNE

Nifty closed on 11 June at 23,161. The day's high was 23,425 and the low was 23,070.

Assessment:

My assessment remains that the Nifty is entering a vulnerable phase and is likely to test significantly lower levels over the next two weeks, and possibly through the remainder of the month. The "acid test" scenario, which at one stage appeared to have been deferred, now seems to be returning to the forefront. A retest of the previous major lows has become a realistic possibility during the coming fortnight.

The primary basis of this assessment is that the long-cycle indicators are slipping below their zero line. Technically, this suggests that the strong bullish undercurrent that had been supporting the market is gradually weakening. As these long-cycle indicators deteriorate further, the residual buying strength is likely to be absorbed by persistent selling pressure emerging from the longer time-frame cycles.

An important market indication to watch will be the inability of Nifty to sustain or move meaningfully above 23,387. My assessment is that, for the next several trading sessions and possibly for the next two weeks, Nifty is likely to remain below this level.

On the downside, support at 23,072 appears vulnerable and may be broken soon, possibly even during today's session. More importantly, the key baseline support near 23,043 is also at risk. If this level does not break immediately, it is likely to come under pressure during the next trading session.

The next important support zone is around 22,723. In my view, this level is likely either to be tested or breached during the coming trading sessions.

Given the evolving technical structure, the downside risk has increased. My assessment is that Nifty could eventually move towards 22,298, and the probability of testing this level has risen materially.

While some residual positive undercurrent may still remain in the market, it is gradually being eroded by the weakness visible in the longer-term cycles. Therefore, rallies and higher-level recoveries should be viewed as opportunities to sell, particularly near the resistance zones highlighted above.

I will trade accordingly.