The Nifty 50 ended the week at 25,114.00, gaining +1.51%.
Key Levels for the Upcoming Week
Price Action Pivot Zone:
25,035 to 25,194—This is the critical zone to watch. A decisive move beyond either side may dictate next week’s trend.
Support Levels
S1: 24,796
S2: 24,477
S3: 24,164
Resistance Levels
R1: 25,433
R2: 25,752
R3: 26,012
Market Outlook
Bullish Scenario:
If Nifty sustains above 25,194, buying momentum could build, aiming for R1 (25,433). A strong breakout above this may push prices towards R2 (25,752) and R3 (26,012).
Bearish Scenario:
If the index breaks below 25,035, selling pressure may return. This could drag Nifty towards S1 (24,796) and further down to S2 (24,477) and S3 (24,164)
Disclaimer: lnkd.in/gJJDnvn2
Key Levels for the Upcoming Week
Price Action Pivot Zone:
25,035 to 25,194—This is the critical zone to watch. A decisive move beyond either side may dictate next week’s trend.
Support Levels
S1: 24,796
S2: 24,477
S3: 24,164
Resistance Levels
R1: 25,433
R2: 25,752
R3: 26,012
Market Outlook
Bullish Scenario:
If Nifty sustains above 25,194, buying momentum could build, aiming for R1 (25,433). A strong breakout above this may push prices towards R2 (25,752) and R3 (26,012).
Bearish Scenario:
If the index breaks below 25,035, selling pressure may return. This could drag Nifty towards S1 (24,796) and further down to S2 (24,477) and S3 (24,164)
Disclaimer: lnkd.in/gJJDnvn2
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.