Nifty is expected to witness a slightly gap down opening today, indicating mild pressure in the index after the recent bounce. The price structure shows that the market is consolidating within a broader range, and today’s opening could set the tone for intraday moves.
On the upside, if Nifty sustains above 24,500–24,550 levels, buying momentum may return. In such a case, the index can move higher toward 24,650, 24,700, and 24,750+. A strong breakout above 24,750 will open the doors for further upward movement, potentially testing 24,850 and beyond.
On the downside, if Nifty slips below 24,450, selling pressure may drag the index lower. Key downside targets in this scenario will be 24,350, 24,300, and 24,250–24,200. Sustained weakness below 24,250 may lead to deeper cuts in the coming sessions.
Overall, today’s session is expected to start with a slightly gap down opening, keeping the index in a range-bound mood. Traders should focus on key levels to identify breakout or breakdown opportunities and maintain strict stop-losses to manage risk effectively.
On the upside, if Nifty sustains above 24,500–24,550 levels, buying momentum may return. In such a case, the index can move higher toward 24,650, 24,700, and 24,750+. A strong breakout above 24,750 will open the doors for further upward movement, potentially testing 24,850 and beyond.
On the downside, if Nifty slips below 24,450, selling pressure may drag the index lower. Key downside targets in this scenario will be 24,350, 24,300, and 24,250–24,200. Sustained weakness below 24,250 may lead to deeper cuts in the coming sessions.
Overall, today’s session is expected to start with a slightly gap down opening, keeping the index in a range-bound mood. Traders should focus on key levels to identify breakout or breakdown opportunities and maintain strict stop-losses to manage risk effectively.
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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
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.