Based on my analysis, the Trend Trading indicator continues to signal a bullish outlook, with a strong support level at 22,150. However, if Nifty Spot closes below this level on a weekly basis, the next potential support could be around 20,241. Considering the influence of the time factor on price movements, market bearishness may persist until the end of June 2025, with a possible positive shift beginning in July.
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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.