Long
24000PE Nifty Intraday Analysis for May 12, 2025
24000PE Outlook:
The 24000PE is currently in the sell zone. As I maintain a bearish view on Nifty for tomorrow, I will wait for a buy confirmation on the 24000PE before considering any entry.
Based on my analysis (excluding gap considerations), I estimate the support zone around 141 and resistance near 451. However, please note that these zones may shift if price action begins to factor in gap areas on either side.
Disclaimer: This is my personal view and not a trading recommendation. All traders are advised to conduct their own technical analysis and trade with strict stop-loss and risk management.
The 24000PE is currently in the sell zone. As I maintain a bearish view on Nifty for tomorrow, I will wait for a buy confirmation on the 24000PE before considering any entry.
Based on my analysis (excluding gap considerations), I estimate the support zone around 141 and resistance near 451. However, please note that these zones may shift if price action begins to factor in gap areas on either side.
Disclaimer: This is my personal view and not a trading recommendation. All traders are advised to conduct their own technical analysis and trade with strict stop-loss and risk management.
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.