NIFTY 50 ANALYSIS FOR NEXT WEEK

Theo vasudevshenoy
Nifty 50 analysis:
  • resistance levels: 25000 , 26000
  • support levels: 24100 , 24000 , 23500
  • buy zone: 24000-24150
  • sell zone: 24800-25000

Nifty near the sell zone, wait for what the market does to get a better view.
Breaking the zone above gives a good buy signal up to 26000.
Breaking the zone below gives a target of 24100 and 24000.
Option chain shows good numbers on call side than on put side.
Nifty will probably move up based on the present candles and option chain.
Technical IndicatorsTrend Analysis

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