The Nifty 50 Index last week ended at 26,186.45, posting a slight decline of –0.06%.
🔹 Key Levels for the Upcoming Week
📌 Price Action Pivot Zone
This blue-shaded area represents the crucial weekly decision zone.
Sustaining above 26,267 may invite strong buying interest, while rejection from this zone could trigger short-term profit booking.
🔻 Support Levels
S1: 25,864
S2: 25,543
S3: 25,152
🔺 Resistance Levels
R1: 26,512
R2: 26,837
R3: 27,210
📈 Market Outlook
✅ Bullish Scenario:
If Nifty holds above the Pivot Zone (26,106–26,267), upward momentum may push the index toward R1 (26,512).
A strong breakout above this level can extend the rally toward R2 (26,837) and R3 (27,210).
❌ Bearish Scenario:
If the index slips below 26,106, short-term weakness may emerge, dragging Nifty toward S1 (25,864).
A breakdown below this support can open the path toward S2 (25,543) and S3 (25,152).
Disclaimer: aliceblueonline.com/legal-documentation/disclaimer/
🔹 Key Levels for the Upcoming Week
📌 Price Action Pivot Zone
This blue-shaded area represents the crucial weekly decision zone.
Sustaining above 26,267 may invite strong buying interest, while rejection from this zone could trigger short-term profit booking.
🔻 Support Levels
S1: 25,864
S2: 25,543
S3: 25,152
🔺 Resistance Levels
R1: 26,512
R2: 26,837
R3: 27,210
📈 Market Outlook
✅ Bullish Scenario:
If Nifty holds above the Pivot Zone (26,106–26,267), upward momentum may push the index toward R1 (26,512).
A strong breakout above this level can extend the rally toward R2 (26,837) and R3 (27,210).
❌ Bearish Scenario:
If the index slips below 26,106, short-term weakness may emerge, dragging Nifty toward S1 (25,864).
A breakdown below this support can open the path toward S2 (25,543) and S3 (25,152).
Disclaimer: aliceblueonline.com/legal-documentation/disclaimer/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
