Market likely to open flat or slightly positive
Watch initial hour price action around 24935 level
Sustaining above 24935 can trigger short covering
Upside move may extend towards 24983 level
Further momentum possible till 25033 if bn pattern forms
Below 24842 weakness may return
Downside can extend towards 24805 level
24935 is a critical decision zone for market direction
Above 24935 market sentiment remains positive
Below 24842 selling pressure may increase
Technical bias remains neutral to mildly bullish
Volatility may increase near resistance zones
Stay cautious between 24842 and 24935 consolidation banddd
Watch initial hour price action around 24935 level
Sustaining above 24935 can trigger short covering
Upside move may extend towards 24983 level
Further momentum possible till 25033 if bn pattern forms
Below 24842 weakness may return
Downside can extend towards 24805 level
24935 is a critical decision zone for market direction
Above 24935 market sentiment remains positive
Below 24842 selling pressure may increase
Technical bias remains neutral to mildly bullish
Volatility may increase near resistance zones
Stay cautious between 24842 and 24935 consolidation banddd
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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.