Nifty is expected to open on a flat note around the 25,000 level, which will act as a crucial pivot for intraday direction. If the index sustains above the 25,000 mark after the opening, we can expect a positive momentum to build up, leading towards the upside targets of 25,150, 25,200, and 25,250+. A sustained breakout and follow-up buying above 25,250 could further strengthen the bullish sentiment for the short term.
On the contrary, if Nifty fails to hold above 25,000 and starts trading below 24,950–24,900, then a reversal short setup may get activated. In such a case, downside levels of 24,850, 24,800, and 24,750 could be tested, and weakness may extend further if selling pressure increases.
Overall, the 25,000 zone will act as the key decision point for today’s session. Traders should closely monitor price action around this level and trade with strict stop-losses to manage risk effectively.
On the contrary, if Nifty fails to hold above 25,000 and starts trading below 24,950–24,900, then a reversal short setup may get activated. In such a case, downside levels of 24,850, 24,800, and 24,750 could be tested, and weakness may extend further if selling pressure increases.
Overall, the 25,000 zone will act as the key decision point for today’s session. Traders should closely monitor price action around this level and trade with strict stop-losses to manage risk effectively.
📈 Trade Smarter with TradZoo!
📣 Telegram: t.me/tradzooIndex
📣 Forex Telegram: t.me/tradzoofx
📲 Mobile App: tradzoo.com/download
📲 Forex App:tradzoo.com/forex/download
🔗 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.
📈 Trade Smarter with TradZoo!
📣 Telegram: t.me/tradzooIndex
📣 Forex Telegram: t.me/tradzoofx
📲 Mobile App: tradzoo.com/download
📲 Forex App:tradzoo.com/forex/download
🔗 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.
