Nifty is trading at a very important zone; this week will be very important for both bulls and bears. Upside only above 24970 as it will act as a resistance until Nifty crosses and sustains over it. If Nifty manages to hold above 24970, then we can expect strong short covering upto 25300-400. But if Nifty breaches 24600 on the downside, then we can expect retracement upto 24400-265 zone. So overall, a big move is expected in the upcoming week.
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.
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.