Nifty is expected to open slightly gap up near the 25,750–25,800 zone, showing a mild recovery attempt after recent selling pressure. However, the index continues to trade near its lower support band, indicating that buyers need to defend this zone to avoid a deeper correction.
If Nifty sustains above 25,800, a short-covering move toward 25,850, 25,900, and 25,950+ levels can be expected. Further strength above 26,000 will open the path toward 26,150–26,250, signaling a reversal from the current downtrend.
On the downside, immediate support lies around 25,700–25,650. A breakdown below 25,700 may lead to extended weakness toward 25,600, 25,550, and 25,500 levels, where fresh buying interest could emerge.
Overall, with a slightly gap up opening, Nifty may witness initial range-bound movement between 25,700–25,900. Traders should stay cautious and focus on price action near the 25,700 and 25,900 zones, as a breakout on either side will likely decide the intraday trend.
If Nifty sustains above 25,800, a short-covering move toward 25,850, 25,900, and 25,950+ levels can be expected. Further strength above 26,000 will open the path toward 26,150–26,250, signaling a reversal from the current downtrend.
On the downside, immediate support lies around 25,700–25,650. A breakdown below 25,700 may lead to extended weakness toward 25,600, 25,550, and 25,500 levels, where fresh buying interest could emerge.
Overall, with a slightly gap up opening, Nifty may witness initial range-bound movement between 25,700–25,900. Traders should stay cautious and focus on price action near the 25,700 and 25,900 zones, as a breakout on either side will likely decide the intraday trend.
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📣 Telegram: t.me/tradzooIndex
📣 Forex Telegram: t.me/tradzoofx
📲 Mobile App: tradzoo.com/download
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🔗 Website: bit.ly/tradzoopage
📣 Telegram: t.me/tradzooIndex
📣 Forex Telegram: t.me/tradzoofx
📲 Mobile App: tradzoo.com/download
📲 Forex App:tradzoo.com/forex/download
🔗 Website: bit.ly/tradzoopage
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
