Nifty 1D Time frame

150
Current Facts

Current Level: ~25,300–25,310

Trend: Mildly bullish; Nifty is trading above short-term moving averages (20-day & 50-day EMA).

Momentum Indicators:

RSI (14-day): ~60 → positive but not overbought.

MACD: Positive → supports short-term bullish bias.

Price Action: Daily candles show small upper wicks → slight profit-booking near resistance levels.

⚙️ Outlook

Bullish Scenario:

Holding above 25,270 → retest 25,350–25,370 and possibly 25,420–25,450.

Range / Consolidation:

Price oscillates between 25,270 – 25,350 → sideways action expected.

Bearish Scenario:

Close below 25,250 → downside risk toward 25,180–25,200 or lower.

⚠️ Facts

25,300–25,310 acts as a short-term pivot — above it favors bulls, below it favors bears.

Immediate resistance is at 25,350–25,370; breakout here can trigger upside momentum.

Support at 25,250 is crucial; failure to hold may result in deeper correction.

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