Resistance Levels
25075 First upside target(very important level)profit booking or short covering
25150 Next resistance if Nifty sustains above 25077
25231 Upside extension if Bank Nifty supports Nifty’s move
Nifty opens near 25010 and sustains above 25077
May consolidate and move towards 25153
Bearish Scenario
IF Nifty fails to sustain above 24917
Forms a bearish Bolinger band pattern in 15 min chart
24917 Crucial shortterm support
24862 reversal or retracement level
24770 Strong support
25075 First upside target(very important level)profit booking or short covering
25150 Next resistance if Nifty sustains above 25077
25231 Upside extension if Bank Nifty supports Nifty’s move
Nifty opens near 25010 and sustains above 25077
May consolidate and move towards 25153
Bearish Scenario
IF Nifty fails to sustain above 24917
Forms a bearish Bolinger band pattern in 15 min chart
24917 Crucial shortterm support
24862 reversal or retracement level
24770 Strong support
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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.