Nifty 50 Index Analysis
Timeframe: 15-Minute Chart
Current Price: ₹23,990.15
Key Levels to Watch:
Resistance Zone:
Immediate resistance at ₹24,046. Targets are ₹24,148 (1st Target), ₹24,208 (2nd Target), and ₹24,309 (3rd Target).
Support Zone:
Immediate support at ₹23,927. A break below this level could lead to ₹23,788.
Bullish Scenario:
Buy above ₹24,046 with potential targets of ₹24,148, ₹24,208, and ₹24,309. The trendline and support zone near ₹23,927 provide a solid base for bullish momentum.
Bearish Scenario:
Sell below ₹23,927, targeting ₹23,788. A breakdown below the support zone and trendline could trigger bearish momentum.
Indicators:
RSI is showing weakness near 38, indicating a need for caution in the short term. MACD has a bearish crossover, signaling possible downside unless momentum strengthens.
Conclusion:
Watch for a breakout above ₹24,046 for bullish opportunities. Stay cautious below ₹23,927 as it may lead to further downside. Always plan trades with proper stop-losses to manage risk effectively.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
If you found this analysis insightful, don’t forget to hit like and follow for more such content!
For related trading ideas and educational posts, check out our profile TraderRahulPal Let’s learn and grow together!
Timeframe: 15-Minute Chart
Current Price: ₹23,990.15
Key Levels to Watch:
Resistance Zone:
Immediate resistance at ₹24,046. Targets are ₹24,148 (1st Target), ₹24,208 (2nd Target), and ₹24,309 (3rd Target).
Support Zone:
Immediate support at ₹23,927. A break below this level could lead to ₹23,788.
Bullish Scenario:
Buy above ₹24,046 with potential targets of ₹24,148, ₹24,208, and ₹24,309. The trendline and support zone near ₹23,927 provide a solid base for bullish momentum.
Bearish Scenario:
Sell below ₹23,927, targeting ₹23,788. A breakdown below the support zone and trendline could trigger bearish momentum.
Indicators:
RSI is showing weakness near 38, indicating a need for caution in the short term. MACD has a bearish crossover, signaling possible downside unless momentum strengthens.
Conclusion:
Watch for a breakout above ₹24,046 for bullish opportunities. Stay cautious below ₹23,927 as it may lead to further downside. Always plan trades with proper stop-losses to manage risk effectively.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
If you found this analysis insightful, don’t forget to hit like and follow for more such content!
For related trading ideas and educational posts, check out our profile TraderRahulPal Let’s learn and grow together!
액티브 트레이드
Target done in downsideRahul Pal | BD Manager @CoinW Exchange Dubai
Helping KOLs, Partners earn up to 70% rebate
Recommended Broker: tinyurl.com/RahulCoinW
Free Telegram: spf.bio/c1lkb
Website:realbullstrading.com
Signals:wa.me/919560602464
Helping KOLs, Partners earn up to 70% rebate
Recommended Broker: tinyurl.com/RahulCoinW
Free Telegram: spf.bio/c1lkb
Website:realbullstrading.com
Signals:wa.me/919560602464
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Rahul Pal | BD Manager @CoinW Exchange Dubai
Helping KOLs, Partners earn up to 70% rebate
Recommended Broker: tinyurl.com/RahulCoinW
Free Telegram: spf.bio/c1lkb
Website:realbullstrading.com
Signals:wa.me/919560602464
Helping KOLs, Partners earn up to 70% rebate
Recommended Broker: tinyurl.com/RahulCoinW
Free Telegram: spf.bio/c1lkb
Website:realbullstrading.com
Signals:wa.me/919560602464
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
