Nifty is expected to open flat around the 25,250–25,280 zone, indicating a cautious start to the session after last week’s steady uptrend. The index is currently hovering near a critical resistance area, which may determine the next directional move.
If Nifty sustains above 25,250, it could extend its bullish momentum toward 25,350, 25,400, and 25,450+. A breakout above 25,450 will likely strengthen the trend further and invite fresh buying interest.
On the downside, immediate support lies near 25,200. A breakdown below this zone could lead to mild profit booking, taking Nifty toward 25,050 and 24,950-.
Overall, the structure remains positive but slightly overextended, suggesting a possible consolidation before any strong directional move. Traders should watch for a clear breakout above 25,250 or a breakdown below 25,200 for intraday opportunities.
If Nifty sustains above 25,250, it could extend its bullish momentum toward 25,350, 25,400, and 25,450+. A breakout above 25,450 will likely strengthen the trend further and invite fresh buying interest.
On the downside, immediate support lies near 25,200. A breakdown below this zone could lead to mild profit booking, taking Nifty toward 25,050 and 24,950-.
Overall, the structure remains positive but slightly overextended, suggesting a possible consolidation before any strong directional move. Traders should watch for a clear breakout above 25,250 or a breakdown below 25,200 for intraday opportunities.
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📣 Forex Telegram: t.me/tradzoofx
📲 Mobile App: tradzoo.com/download
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Penerbitan berkaitan
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.