Tariff Fear Finally Over? Will the Market BREAKOUT?

Markets Overview

The daily chart of the Nifty shows that the market does not want to fall, but it is also not moving up strongly. It is stuck in a range. The gap created after the first US deal announcement is still not filled. If the market was weak, it would have filled that gap quickly. Nifty was up 0.39% this week.

A new update from the US says there will be a uniform 10% tariff, and earlier tariffs were struck down by the Supreme Court. This may reduce fear in the market. A small positive move is possible next week, but it is not clear if Nifty can move strongly above the 26,500 level. The market may continue in a range with a slightly positive mood.

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After yesterday's drubbing, the market was in a better mood today. While small caps didn't really perform, the rest of the market tried to come back, and there was no panic in the market like yesterday's market.

Some of the sectors that were beaten down brutally yesterday also came back. It seems like there is some lull before the next storm, but we are holding that.

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