Nifty50
The Nifty 50 Index could drop further if it breaches key support levels. Based on recent analyses:
A drop below the immediate support level of 22,975 could open the door for further decline towards 22,800.
If market sentiment continues to be bearish, the next support level could be around 22,600.
More extended downside support levels are at 22,500 and 22,3433.
Let's keep an eye on market indicators and global sentiment, as they can significantly influence these support levels. Do you think the market might find support at one of these levels?
A drop below the immediate support level of 22,975 could open the door for further decline towards 22,800.
If market sentiment continues to be bearish, the next support level could be around 22,600.
More extended downside support levels are at 22,500 and 22,3433.
Let's keep an eye on market indicators and global sentiment, as they can significantly influence these support levels. Do you think the market might find support at one of these levels?
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.