Nifty 50 Technical Analysis (as of May 9, 2025)

#Nifty50

Tomorrow Price Levels to Watch:

#RESISTANCE : 24,250- 24,350 A breakout above 24,500 could signal bullish momentum.

#support : 24,000 (recent low from May 8) and 23,850. A drop below 23,850 may indicate a bearish shift toward 23,500 or lower.

Trend Check: Look for a daily close above 24,400 to confirm bullish continuation or below 23,850 for bearish pressure. Use candlestick patterns (e.g., Doji, Hammer) to gauge indecision or reversal signals