Nifty 50 Analysis For May 9, 2025Key Points for Nifty 50 Analysis on May 9, 2025
It seems likely that the Nifty 50 will remain range-bound, with support at 24,152.00 INR and resistance at 24,273.80 INR, based on recent trading data.
Research suggests a potential bounce if the index holds above support, supported by buying interest and RSI divergence, but selling pressure could push it lower.
The evidence leans toward moderate volatility, with possible price movements of ±140.50 INR, influenced by technical indica
