Nifty is looking weak and we can expect further downside. Important support level is placed around 24500-24555 and if nifty breaches this support then we can expect a down move to continue upto levels of 24400-268 and below. But if nifty crosses and sustains above 24745-800 range then we can expect a short reversal and we can expect nifty to then test resistance levels of 25115-25237.
All levels are marked in the chart posted.
All levels are marked in the chart posted.
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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.