Nifty is expected to open with a slight gap-down and is currently trading within a tight consolidation zone between 24,950 and 25,050. This narrow 100-point range has acted as a critical zone over the past sessions, indicating indecision and low conviction among traders.
A sustained move above 25,050–25,100 may provide a long opportunity with potential upside targets of 25,150, 25,200, and 25,250+. Strong bullish momentum will only be confirmed if Nifty manages to close above 25,250, which may push the index further toward 25,350–25,400 in the coming days.
On the other hand, a breakdown below 24,950 will shift the bias toward bearishness. A short setup could then target 24,850, 24,800, and 24,750- levels.
Until then, expect sideways price action between 24,950 and 25,050. Traders should wait for a breakout or breakdown before entering fresh trades. Avoid aggressive entries inside this tight band.
A sustained move above 25,050–25,100 may provide a long opportunity with potential upside targets of 25,150, 25,200, and 25,250+. Strong bullish momentum will only be confirmed if Nifty manages to close above 25,250, which may push the index further toward 25,350–25,400 in the coming days.
On the other hand, a breakdown below 24,950 will shift the bias toward bearishness. A short setup could then target 24,850, 24,800, and 24,750- levels.
Until then, expect sideways price action between 24,950 and 25,050. Traders should wait for a breakout or breakdown before entering fresh trades. Avoid aggressive entries inside this tight band.
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📲 Mobile App: tradzoo.com/download
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🔗 Website: bit.ly/tradzoopage
📣 Telegram: t.me/tradzooIndex
📣 Forex Telegram: t.me/tradzoofx
📲 Mobile App: tradzoo.com/download
📲 Forex App:tradzoo.com/forex/download
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.