Nifty has attempted multiple recoveries after the fall, consistently taking support near the 25100 level. If the index opens with a gap down below 25100 and forms a strong bearish candle, a further downside move towards 24750 can be expected. A bullish move is likely only after a decisive break above 25400. Until then price action remain sideways within the 25300-25100 range.
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.