Nifty is trapped in this rectangle for more than 2 yearsNifty 50 IndexNSE:NIFTYHappy_Candles_InvestmentNifty is trapped in this rectangular pattern since last 2 years fro one reason or the other. Various wars, economic global turmoils due to Tariff and other reasons. Indicators for India Inc. remain positive but global factors are hampering the growth. Also The IT segment is reeling under constant threat of AI. Once the trend line and Mother line resistance in the weekly charts are broken and we get a weekly closing above the same we would probably see further growth in our investments. Initially Nifty needs to hold above mother line then the target will be 25K post that 25.5K and finally the previous highs. Once we close above the rectangular pattern there will be no holding back for Indian markets. For that to happen crude has to stabilize, War are required to end and tariff issues have to be overcome. Further patience from investors for a couple of quarter should be good enough for recoveries to happen. For those of us who are in the markets for a decade or couple of decades or more understand this points as they have seen growth, de-growth, accelaration and consolidation phases. For those of us who are new to the market, the learing that you gather now will be invaluable and help you create generational wealth. You can read my book THE HAPPY CANDLES WAY TO WEALTH CREATION available on amazon. This book is available in Kindle as well as paperback format. This book will help you navigate throguh the investment maze. The book currently enjoys 4.8 rating out of 5. Many investors consider it a hand book to investment. If you buy and read it you will not be disappointed. It is a value for money book. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock or index. The Techno-Funda analysis is based on data that is more than 3 months old. Supports and Resistances are determined by historic past peaks and Valley in the chart. Many other indicators and patterns like EMA, RSI, MACD, Volumes, Fibonacci, parallel channel etc. use historic data which is 3 months or older cyclical points. There is no guarantee they will work or they have worked in Past Present of future as markets are highly volatile and swings in prices are also due to macro and micro factors based on actions taken by the company as well as region and global events. Charts do not represent anything. We are just showing positive and negative aspects of the stock. Equity investment is subject to risks. I or family members might have positions in the stocks that we mention in our educational posts. We are not a SEBI registered Research analyst. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message. Do consult your investment advisor before taking any financial decisions. Stop losses should be an important part of any investment in equity.