Nifty index is currently in a downtrend with key support levels at 23,500 and 23,200. The resistance level is at 23,800. Technical indicators suggest a strong sell signal, Current Trend Nifty is in a downtrend, with the index falling to 23,300. Support Levels First Support: 23,500 with an open interest (OI) of 48 lakhs. Second Support: 23,200 with an OI of 62 lakhs. Resistance Level Resistance: 23,800.
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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.