Nifty in an important/cautious zoneNIFTY 50
25,000 is the Consensus Key Level:
Most market participants are watching 25,000 as a critical psychological and technical zone. Sustaining above this keeps the market in a neutral range; a strong close above 25,200 is required for any momentum shift toward 25,350 and 25,500.
Bearish Liquidity Trap Likely:
Due to widespread focus on 25,000, a brief dip below it for 1–2 days wouldn't be surprising—this would trigger stop-losses, sweep liquidity, and potentially set up a sharp reversal if key supports like 24,830 hold.
Immediate Support and Downside Risk:
If the index sustains below 25,000, watch 24,830 first, then 24,750 and 24,500 as possible downside levels. Failure to defend these could extend the correction, but oversold RSI and positive divergence are early signals for a relief bounce.
Momentum Indicators:
RSI is near oversold (30.45) and forming bullish divergence versus price—lower lows in price but higher lows in RSI—signaling selling exhaustion and bounce potential.
Action Plan:
Stay cautious on initial dips below 25,000; this area can act as a bear trap.
Look for confirmed reversal signals (strong bullish candles, RSI upturn) especially if the price swiftly reclaims 25,000+ after liquidity grabs.
Sustained close above 25,200 = bullish setup for 25,350/25,500 targets.
Sustained trade below 24,830 signals further weakness.
Summary:
NIFTY 50 is at a make-or-break level around 25,000. Expect possible stop-loss sweeps below this area, but also be prepared for a sharp reversal if key supports and positive divergences play out. Confirmation above 25,200 flips the bias bullish; below 24,830, further slide likely
