Nifty is expected to open with a gap-up, indicating early bullish sentiment. If it sustains above 24,550–24,600, upside targets could be 24,650, 24,700, and 24,750+. A further breakout above 24,750 may push prices toward 24,850, 24,900, and 24,950+.
On the downside, weakness may develop only if Nifty slips below 24,500, which could lead to targets at 24,350, 24,300, and 24,250-. Price movement around the 24,550 level will be key for deciding intraday momentum, so traders should wait for a clear breakout or breakdown confirmation with proper stop-losses.
On the downside, weakness may develop only if Nifty slips below 24,500, which could lead to targets at 24,350, 24,300, and 24,250-. Price movement around the 24,550 level will be key for deciding intraday momentum, so traders should wait for a clear breakout or breakdown confirmation with proper stop-losses.
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