Nifty is expected to open with a gap-up near the 25,250 level, signaling early bullish strength. If the index sustains above the 25,250–25,300 zone after opening, we could see a continuation of the upward momentum toward the next resistance levels at 25,350, 25,400, and possibly 25,450+. However, if it fails to hold above 25,250 and slips back into the 25,100–25,050 zone, there could be selling pressure. A break below 25,050 may drag Nifty further down to 24,950. If 24,950 breaks, then a short trade could trigger, with targets at 24,850, 24,800, and 24,750. The key levels to watch today are 25,250 on the upside and 24,950 on the downside.
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📲 Android App: bit.ly/TradZooApp
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.