Nifty 50 Index spot 24346.70 by Daily Chart view - Weekly Update

Nifty 50 Index spot 24346.70 by the Daily Chart view
- Support Zone 23875 to 23975 Nifty 50 Index Band
- Resistance Zone 24675 to 24780 Nifty 50 Index Band
- Volumes are well in sync with the average traded quantity
- Nifty Index has sustained well above the immediate Support Zone at 23785 to 23975 and contained below Resistance Zone 24675 to 24780 over past 2 weeks
- Nifty Index is behaving erratically by jumping from positive to negative and vice versa between the days highs and lows over keeping an eye on the ongoing cross border uncertainty state and seems it is keeping submissive to fear factor
- Let us hope for the best to happen for a positive outcome over the coming days/weeks and foresee Nifty 50 Index to gradually and steadily progress towards the current ATH 26277.35 for a New ATH, in line with the Bank Nifty Index strides