NIFTY 50 FOR 02 MARCH 2025
Bearish Momentum: The price is trading below the Breakout Level (22,172.35) and resistance levels, indicating weakness.
Support Holding: The price is near Support-1 (22,061.05). If it holds, a bounce-back may occur; otherwise, further downside is expected.
Lower Highs Formation: Indicates a downtrend continuation unless price reclaims resistance levels.
Trading Insights
Bullish Case: If the price reclaims 22,172.35 and sustains, it may move towards 22,247.45 and 22,335.65.
Bearish Case: If 22,061.05 breaks, the next targets could be 21,960.05 and 21,859.50.
Support Holding: The price is near Support-1 (22,061.05). If it holds, a bounce-back may occur; otherwise, further downside is expected.
Lower Highs Formation: Indicates a downtrend continuation unless price reclaims resistance levels.
Trading Insights
Bullish Case: If the price reclaims 22,172.35 and sustains, it may move towards 22,247.45 and 22,335.65.
Bearish Case: If 22,061.05 breaks, the next targets could be 21,960.05 and 21,859.50.
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.