#Nifty50


#Nifty 50 continues to recover strongly after defending Daily Support-1, indicating that buyers remain active at lower levels. The index is now approaching the key resistance zone around 24,270–24,440, which will be crucial for determining the next directional move.
A decisive breakout and close above this resistance could open the path toward Supply Zone-1 near 25,200–25,370. However, failure to break above resistance may lead to a short-term pullback or consolidation before the next attempt higher.
As long as Daily Support-1 remains intact, the broader structure favors the bulls.
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned