25203–25275 is a no-trade zone, wait for breakout or breakdown confirmation.
If market opens with a gap down near 25245, observe whether it sustains above 25275 for recovery or slips below 25203 for weakness.
intraday Bearish Setup
If Nifty opens near 25245 and trades below 25203, watch for downside targets at 25155 and 25104.
IT sector weakness can add pressure.
Intraday Bullish Setup
If Nifty reclaims and sustains above 25275, upside targets are 25354 and 25389.
Sustaining above 25389 may open the next level at 25459
If market opens with a gap down near 25245, observe whether it sustains above 25275 for recovery or slips below 25203 for weakness.
intraday Bearish Setup
If Nifty opens near 25245 and trades below 25203, watch for downside targets at 25155 and 25104.
IT sector weakness can add pressure.
Intraday Bullish Setup
If Nifty reclaims and sustains above 25275, upside targets are 25354 and 25389.
Sustaining above 25389 may open the next level at 25459
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.