If Nifty opens with a gap-up and sustains above 22,550, we can expect an upward move toward 22,750.
If the market opens flat and follows the existing trend, it may decline toward 22,320.
A 30-50 point opening suggests a sideways market.
The 22,500-22,550 zone is a critical decision point, where the market may take time to determine its direction.
Bitcoin is currently showing a downside trend. If it fails to sustain above the $80,000 level, we may see a drop towards $59,000.
However, if the market reverses and sustains above $98,000, followed by a strong pullback, we could witness a bullish move toward $128,000.
Let’s see which level gets tested first! 🚀📉 #Bitcoin #Crypto #BTC #Trading
Last week, Nifty exhibited a positive trend, moving from 21,964 to 22,633, showing a decent upward momentum. Based on this, we analyze the potential market movement for the upcoming week.
If Nifty sustains above 22,450, we may see further upward movement, with a target of 22,930. However, if it fails to hold the 22,450 level, the next immediate support is at 22,250.
