Nifty is expected to open with a gap up today, likely testing levels above 24,700. This zone will play a crucial role in deciding the intraday direction, as price action near this level may trigger either continuation or reversal moves.
On the upside, if Nifty sustains above the 24,750 mark, a fresh rally can be seen with targets at 24,850, 24,900, and 24,950+. A breakout above 24,950 could further fuel momentum, paving the way for an extended move toward 25,100 levels.
However, if Nifty faces resistance near 24,750–24,700 and fails to hold, a reversal short opportunity may open up. In that case, downside targets would be 24,600, 24,550, and 24,500. A decisive break below 24,450 would further weaken sentiment, dragging the index toward 24,350, 24,300, and 24,250.
On the upside, if Nifty sustains above the 24,750 mark, a fresh rally can be seen with targets at 24,850, 24,900, and 24,950+. A breakout above 24,950 could further fuel momentum, paving the way for an extended move toward 25,100 levels.
However, if Nifty faces resistance near 24,750–24,700 and fails to hold, a reversal short opportunity may open up. In that case, downside targets would be 24,600, 24,550, and 24,500. A decisive break below 24,450 would further weaken sentiment, dragging the index toward 24,350, 24,300, and 24,250.
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لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
