NIFTY UPDATE – 24 July 2025 (Live Chart Analysis)
Market Context:
Current Price: 25,186
Trend: Mild rejection from near 25250 level, testing resistance.
Upside Plan:
If bottleneck/squeeze pattern forms near 25250–25293 zone, then:
Upside breakout possible toward 25370.
Target Zone: 25293 (first), 25370 (final).
Consolidation likely between 25250 – 25293. Wait for a strong candle close above 25293 to buy for 25370.
Downside Plan:
If Nifty falls below 25150, we may see:
Quick slide to 25078 (next support).
Crucial zone: 25160---25150. if this zone fails, sell-on-rise strategy valid.
Further targets: 25023 (demand zone), 25008 (gap fill zone).
Market Context:
Current Price: 25,186
Trend: Mild rejection from near 25250 level, testing resistance.
Upside Plan:
If bottleneck/squeeze pattern forms near 25250–25293 zone, then:
Upside breakout possible toward 25370.
Target Zone: 25293 (first), 25370 (final).
Consolidation likely between 25250 – 25293. Wait for a strong candle close above 25293 to buy for 25370.
Downside Plan:
If Nifty falls below 25150, we may see:
Quick slide to 25078 (next support).
Crucial zone: 25160---25150. if this zone fails, sell-on-rise strategy valid.
Further targets: 25023 (demand zone), 25008 (gap fill zone).
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.