Nifty Dips, Suggests Range-Bound Movement Ahead

416
Indian markets ended the week with a decline of nearly one percent, driven by lingering concerns over global tariffs and a weak start to the earnings season.

The 25,500 level has now turned into a strong resistance zone, marked by heavy call writing, while 25,000 continues to act as a solid support level backed by significant put writing.

Given these dynamics, the index is likely to enter a consolidation phase, with upcoming earnings announcements expected to keep sectoral volatility elevated.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.