Nifty is likely to open slightly gap up near the 25,150–25,200 zone, indicating a cautious positive sentiment in the market. After recent consolidation, the index continues to trade between well-defined support and resistance levels, suggesting indecision among traders.
If Nifty sustains above 25,250, it may trigger a bullish momentum toward 25,350, 25,400, and 25,450+. A breakout above 25,450 could further strengthen the uptrend.
On the downside, a fall below 25,200 may invite selling pressure, leading the index toward 25,100, 25,050, and 25,000-.
Overall, the trend remains range-bound with a slight bullish bias. Traders should focus on breakout or breakdown confirmation before taking positions, keeping a strict stop loss and booking partial profits at each target level.
If Nifty sustains above 25,250, it may trigger a bullish momentum toward 25,350, 25,400, and 25,450+. A breakout above 25,450 could further strengthen the uptrend.
On the downside, a fall below 25,200 may invite selling pressure, leading the index toward 25,100, 25,050, and 25,000-.
Overall, the trend remains range-bound with a slight bullish bias. Traders should focus on breakout or breakdown confirmation before taking positions, keeping a strict stop loss and booking partial profits at each target level.
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📈 Trade Smarter with TradZoo!
📣 Telegram: t.me/tradzooIndex
📣 Forex Telegram: t.me/tradzoofx
📲 Mobile App: tradzoo.com/download
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🔗 Website: bit.ly/tradzoopage
📣 Telegram: t.me/tradzooIndex
📣 Forex Telegram: t.me/tradzoofx
📲 Mobile App: tradzoo.com/download
📲 Forex App:tradzoo.com/forex/download
🔗 Website: bit.ly/tradzoopage
Related publications
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.