Nifty50 Prediction for 25-02-2025
Resistance Zone (~22,639.45 & 22,714.35 - Red Lines)
The price is struggling to break above these resistance levels.
If the price breaks and sustains above 22,639.45, it could push towards 22,714.35.
Support Zones (~22,530.00 & 22,476.75 - Green Lines)
22,530.00: Immediate support; a break below this level could lead to further downside.
22,476.75: Stronger support; if broken, the price may fall further.
Descending Trendline (Blue Line)
The price is continuously making lower highs.
A break above this trendline could indicate a bullish reversal.
Possible Price Scenarios (Blue Arrows)
Bullish Move: Breakout above the descending trendline and 22,580, leading to 22,639.45 and potentially 22,714.35.
Bearish Move: Break below 22,530 could trigger a fall toward 22,476.75.
The price is struggling to break above these resistance levels.
If the price breaks and sustains above 22,639.45, it could push towards 22,714.35.
Support Zones (~22,530.00 & 22,476.75 - Green Lines)
22,530.00: Immediate support; a break below this level could lead to further downside.
22,476.75: Stronger support; if broken, the price may fall further.
Descending Trendline (Blue Line)
The price is continuously making lower highs.
A break above this trendline could indicate a bullish reversal.
Possible Price Scenarios (Blue Arrows)
Bullish Move: Breakout above the descending trendline and 22,580, leading to 22,639.45 and potentially 22,714.35.
Bearish Move: Break below 22,530 could trigger a fall toward 22,476.75.
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.