The major index, Nifty, continues to trend with lower lows, indicating ongoing weakness. Additionally, SGX futures currently point to another gap-down opening tomorrow. If the index breaks below the opening range after the gap-down, it could trigger a further decline towards the 24,500 level. Keep an eye on support zones and market cues to assess the potential for further downside. anyway we have another support near 25150 but i dont think it will help a lot.
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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.