Date: 1st Aug 2024
Time: 9:12 AM
What is going on in NIFTY 50 ?
1. As we all know Indian markets in continuously in uptrend in recent times so nifty 50 too.
2. Nifty is recently moving in range but sideways with uptrend as we can see in charts for Hourly timeframe.
3. There are clear supports and Resistances are visible in Nifty 50, Today is open with Gap up and Breaks 25000 level for very first time.
4. Nifty can clearly go for 25226 but also it can reach above bigger Resistance too.