Nifty spot 25178.65 by Daily Chart view - Weekly UpdateNifty spot 25178.65 by Daily Chart view - Weekly Update
- New Support Zone 24750 to 25050 for the Nifty Index
- Earlier Support Zone 25325 to 25625 Broken, now to act as Resistance Zone
- Nifty affected more by fear with in general instability basis Geo Political events and news
- 03-Feb-2026 Gap Up of 533 pts tad short of closure by about 35 odd points basis today's down fall
Gapfilling
TATASTEEL HIGH PROBABILITY SWINGAfter a long fall in metals , they are recovering fast!
Tatasteel has 2.80 percent gap made when it faced a big gap down. This gap can be exploited and easy profits can be made as the gap will surely be filled.
T1 is the main target in the trade and other targets can only be chased if the stock gives closing above T1 .
BANKNIFTY LOOKING WEAK Try to short (downtrend & correction not yet done in the weekly chart)
1.Global crisis
2.Market sentiments
3.Data analysis
4.The gap can act as a resistance
5.supply zone
6.possible reversal zone
7.Banking sector looking weak(like high weightage stock like HDFC bank, ICICI bank.....
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss







