Key Levels in Play: Will NIFTY Hold or Drop Further?

Technical Analysis of NIFTY Futures
- Trend Overview: The market is in a clear downtrend, with strong bearish momentum persisting.
- Point of Interest: The price recently tested a key supply zone (marked in red) and faced rejection, signaling a potential continuation of the downtrend.
- Support & Target: The next major demand zone is near 22,049, acting as a critical support level.
- Outlook: If selling pressure remains strong, the price may head toward the target area. However, a breakout above the supply zone could shift sentiment, leading to a possible trend reversal.
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- Trend Overview: The market is in a clear downtrend, with strong bearish momentum persisting.
- Point of Interest: The price recently tested a key supply zone (marked in red) and faced rejection, signaling a potential continuation of the downtrend.
- Support & Target: The next major demand zone is near 22,049, acting as a critical support level.
- Outlook: If selling pressure remains strong, the price may head toward the target area. However, a breakout above the supply zone could shift sentiment, leading to a possible trend reversal.
If you enjoy, press the like button.
Dagangan aktif
Active your trades now 22600.Nota
price start falling from 22700, just hold your trades towards targets.Penafian
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.
Penafian
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.