The Nifty 50 ended the week at 25,112.40 with a gain of 1.59%
If Nifty sustains below 25,033, selling pressure may increase. However, a move above 25,192 could restore bullish momentum.
Key Levels for the Upcoming Week
🔹 Price Action Pivot Zone:
The crucial range to watch for potential trend reversals or continuation is 25,033 -25,192.
🔹 Support & Resistance Levels:
Support:
S1: 24,797
S2: 24,482
S3: 24,093
Resistance:
R1: 25,431
R2: 25,750
R3: 26,144
Market Outlook
✅ Bullish Scenario: A sustained breakout above 25,192 could attract buying momentum, driving Nifty towards R1 (25,431) and beyond.
❌ Bearish Scenario: A drop below 25,033 may trigger selling pressure, pushing Nifty towards S1 (24,797) or lower.
Disclaimer: lnkd.in/gJJDnvn2
If Nifty sustains below 25,033, selling pressure may increase. However, a move above 25,192 could restore bullish momentum.
Key Levels for the Upcoming Week
🔹 Price Action Pivot Zone:
The crucial range to watch for potential trend reversals or continuation is 25,033 -25,192.
🔹 Support & Resistance Levels:
Support:
S1: 24,797
S2: 24,482
S3: 24,093
Resistance:
R1: 25,431
R2: 25,750
R3: 26,144
Market Outlook
✅ Bullish Scenario: A sustained breakout above 25,192 could attract buying momentum, driving Nifty towards R1 (25,431) and beyond.
❌ Bearish Scenario: A drop below 25,033 may trigger selling pressure, pushing Nifty towards S1 (24,797) or lower.
Disclaimer: lnkd.in/gJJDnvn2
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.