NIFTY 4H Time frame

📊 Current Snapshot

Current Price: ₹25,010.95

Day’s Range: ₹24,940.15 – ₹25,008.95

Previous Close: ₹24,977.95

Opening Price (4H): ₹24,940.15

Volume: Approximately 6.16 million shares

📈 Trend & Indicators

Trend: Neutral to mildly bullish; trading near 50-hour and 200-hour moving averages.

RSI (14): Neutral zone.

MACD: Positive → indicating mild bullish momentum.

Moving Averages: Short-term averages indicate neutral to slightly bullish outlook.

🔮 Outlook

Bullish Scenario: Break above ₹25,008.95 with strong volume could target ₹25,186.00.

Bearish Scenario: Drop below ₹24,940.00 may lead to further decline toward ₹24,871.10.

Neutral Scenario: Consolidation between ₹24,940.00 – ₹25,008.95; breakout needed for directional move.

📌 Key Factors to Watch

Economic Indicators: Interest rates, inflation, and RBI policy updates.

Sector Performance: Trends in the IT and financial sectors.

Global Cues: Global market trends, US indices, crude oil, and currency movements.