Nifty 50 at a Turning Point? Key Levels & Market Outlook Ahead

The Nifty 50 opened with a gap-up of 412.10 points (1.72%) and ended the week at 25,019.80 with a gain of (4.21%)

If Nifty sustains below 24,941, selling pressure may increase. However, a move above 25,100, could restore bullish momentum.

Key Levels for the Upcoming Week
🔹 Price Action Pivot Zone:

The crucial range to watch for potential trend reversals or continuation is 24,941 -25,100.

🔹 Support & Resistance Levels:

Support:
S1: 24,706
S2: 24,391
S3: 24,004

Resistance:
R1: 25,338
R2: 25,657
R3: 25,910

Market Outlook
✅ Bullish Scenario: A sustained breakout above 25,100 could attract buying momentum, driving Nifty towards R1 (25,338) and beyond.

❌ Bearish Scenario: A drop below 24,941 may trigger selling pressure, pushing Nifty towards S1 (24.706) or lower.

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