Nifty 50 spot 24426.85 by the Daily Chart view - Weekly update

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Nifty 50 spot 24426.85 by the Daily Chart view - Weekly update
- Support Zone 23975 to 24225 of Nifty Index
- Gap Up Opening of 18-Aug-2025 has now closed
- Resistance Zone earlier Support Zone at 24450 to 24700 for Nifty Index
- Rising Support Channel Breakdown may act as Resistance for upside move
- Breakdown from Falling Resistance Trendline and Channel has strongly sustained
- Nifty Index made a repeat Bearish Rounding Top or Bearish Inverted Cup & Handle pattern by now Resistance Zone neckline with a closure below it

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