On Monday, Nifty opened with a gap down, breaking below the near-demand zone but recovered to close at 24936.40. If Nifty breaks below Monday's low of 24753, we might see a decline toward 24636 or lower. On the upside, the major resistance zone is at 25128. The weekly trend (50 SMA) remains positive, while the daily trend (50 SMA) is sideways.
Support Levels: Near Demand/Support Zone (Daily): 24523 - 24636 Far Support: 24444 (61.8% FIBO retracement level of the last rally) Far Demand/Support Zone (Weekly): 23893.70 - 24367.50
Resistance Levels: Near Supply/Resistance Zone (5m): 25049 - 25084 Far Supply/Resistance Zone (75m): 25127.75 - 25198.60 Far Supply/Resistance Zone (Daily): 25235.80 - 25321.65
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.