NIFTY Key Support & Resistance for July 21st
Chart Overview:
NIFTY might consolidate after a sharp fall, currently trading around the 24,918–24,965 zone on the 15-minute chart. The price is hovering below the EMA, indicating weak momentum and hesitation in recovery.
Key Levels:
Major Resistance:
25,200 – Strong resistance zone; multiple rejections expected if tested. Watch for possible reversals or fake breakouts near this level.
Other Resistances:
* 25,127
* 25,041
Immediate Supports:
* 24,918
* 24,863
* 24,724
Outlook for July 21st:
* Failure to sustain above 24,970 could invite fresh selling toward 24,724.
* Range-bound action likely between 25,041 and 24,863 unless a strong breakout occurs.
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Chart Overview:
NIFTY might consolidate after a sharp fall, currently trading around the 24,918–24,965 zone on the 15-minute chart. The price is hovering below the EMA, indicating weak momentum and hesitation in recovery.
Key Levels:
Major Resistance:
25,200 – Strong resistance zone; multiple rejections expected if tested. Watch for possible reversals or fake breakouts near this level.
Other Resistances:
* 25,127
* 25,041
Immediate Supports:
* 24,918
* 24,863
* 24,724
Outlook for July 21st:
* Failure to sustain above 24,970 could invite fresh selling toward 24,724.
* Range-bound action likely between 25,041 and 24,863 unless a strong breakout occurs.
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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.