NIFTY Analysis 5 AUGUEST, 2025 ,Morning update at 9 am

Profit booking and consolidation in a narrow range

Technical Pattern Indicates weakness above resistance and price struggling to break higher levels


Observe whether Nifty closed below or above the derived my levels
Today Nifty is below my true level which signals possible sideways or downward movement unless reclaimed

Expected Price Action Today
Flat Opening Expected Around 24700

Range for the Day 24657 to 24751 (consolidation zone)

Upside Trigger: If Nifty breaks above and holds 24751 especially with bb pattern in the 5 minute chart the next target could be 24862

Downside Trigger If Nifty breaks and stays below 24657 it may fall to 24577
Support 24657 ,24577 , 24500
Resistance 24784 ,24862 , 24951
if you have any problem too undestanding my levels or in trading msg me.