NIFTY Analysis 1 AUGUEST, 2025 ,Morning update at 9 am

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Expected Scenarios:
Gap-Down Open Possibility:
Likely around 24700.

May test lower levels quickly: 24662, 24600, or even 24483.

Bearish Setup to Watch:
On the 5-min chart, watch near 24650:

If a Bearish Bottleneck Pattern forms Nifty may slip towards:

24602, and even 24500.

Recovery Watch:
If Nifty holds above 24760 then chances of:

Short covering towards 24851 and potentially 24940 increase.

Critical Levels (Exclusive Support & Resistance):
Support 24661 , 24600 ,24483
Resistance. 24851,24940,25108
Nifty opens below 24700 Wait for 24662 or 24600 test
Bearish bottleneck at 24650 Go short for 24602 24500
Nifty holds above 24760 Look for long towards 24851 24940
Nifty reclaims 24851 with strength Possibility of rally to 25108