Nifty 50 spot 25149.85 by the Daily Chart view - Weekly updateNifty 50 spot 25149.85 by the Daily Chart view - Weekly update
- Support Zone 24900 to 25100 Price Band, yet sustained
- Next Support Zone seen at 24325 to 24500 of the Nifty Index
- Resistance Zone 25860 to 26035 then ATH 26277.35 of Nifty Index levels
- Rising Price Channel Breakdown indicates probable weakness to see following
- Falling Resistance Trendline test might be seen coming up, by decent probability
- Nifty Index keeping within self drawn limits and shying away at each attempt towards 26000
Niftyindextechnicaltrendanalysis
Nifty 50 spot 25637.80 by the Daily Chart view - Weekly update*Nifty 50 spot 25637.80 by the Daily Chart view - Weekly update*
- Descending Triangle Breakout has well sustained
- Immediate Support Zone 25125 to 25335 of Nifty Index
- Next updated Support Zone 24780 to 24980 of Nifty Index
- And then next Support Zone 24180 to 24335 of Nifty Index Levels
- Resistance Zone seen at 25860 to 26035 and then ATH 26277.35 of Nifty 50 Index levels
- Rising Support Trendline shouldering well continued and Falling Resistance Trendline Breakout well sustained
- *Gap Down Opening after ATH on 27-Sept-2024, then of 03-Oct-2024 will act as a hurdle until closed by a New ATH*