Nifty 50 Index

NIFTY Analysis 6 AUGUST, 2025 ,Morning update at 9 am

303
Due to uncertainty in US tariffs on India short covering is unlikely

This global factor could lead to a flat opening near 24614
Expected Intraday Range
Likely to consolidate between 24577 and 24665

Upside Scenario
If a bb Pattern forms near 24666 on the 5 minute chart Nifty may rally towards
Target 24746

Downside Scenario
If Nifty fails to sustain above 24577 expect a slide towards
Support 24507

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