Expected Opening & Movement Zones
Likely Opening Flat near 24800.
Immediate Downside Target (if weak)
First: 24756 important support.
Then: 246721– next support.
Upside if bounce or consolidation
First short-cover target: 24870.
Next: 24915 – minor resistance.
24756,Near today's flat open 1st crucial support
24671 If bottleneck confirmed –test this zone
24608 Extended weakness zone
Resistance Levels
24915 Short covering resistance
25,006 Important psychological and swing resistance
25076 Breakout confirmation only above this
the sideways range is likely between
24756 to 24915
Nifty may consolidate in this zone before giving any big move.
Likely Opening Flat near 24800.
Immediate Downside Target (if weak)
First: 24756 important support.
Then: 246721– next support.
Upside if bounce or consolidation
First short-cover target: 24870.
Next: 24915 – minor resistance.
24756,Near today's flat open 1st crucial support
24671 If bottleneck confirmed –test this zone
24608 Extended weakness zone
Resistance Levels
24915 Short covering resistance
25,006 Important psychological and swing resistance
25076 Breakout confirmation only above this
the sideways range is likely between
24756 to 24915
Nifty may consolidate in this zone before giving any big move.
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.