Nifty 50 Index
Long

NIFTY 1H Time frame

94
Support: ~24,930 → crucial short-term base

Resistance: ~25,047 → price has tested this zone, rejection possible if it fails to close above

If price decisively breaks above ~25,047, next target is ~25,174

If it drops below ~24,868, downside risk toward ~24,778

🧭 Outlook (1-Hour)

Bullish Case: Hold above ~24,930 → upside toward ~25,047-25,174

Bearish Case: Drop below ~24,868 → weakness toward ~24,778 or lower

Overall Bias: Slightly positive, but price is near resistance and needs good volume or momentum to break above

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.