The Nifty 50 Index last week ended at 25,048.65, posting a sharp decline of –2.51%.
🔹 Key Levels for the Upcoming Week
📌 Price Action Pivot Zone (25,008–25,112)
This blue-shaded area represents the crucial weekly decision zone.
Sustaining above 25,112 may invite recovery buying, while rejection from this zone can continue the selling pressure.
🔻 Support Levels
S1: 24,829
S2: 24,494
S3: 24,228
🔺 Resistance Levels
R1: 25,330
R2: 25,558
R3: 25,824
Market Outlook
Bullish Scenario:
If Nifty reclaims and holds above the Pivot Zone (25,008–25,112), upward momentum may push the index toward R1 (25,330).
A strong breakout above this level can extend the recovery toward R2 (25,558) and R3 (25,824).
Bearish Scenario:
If the index fails to sustain above 25,008, continued weakness may drag Nifty toward S1 (24,829).
A breakdown below this support can open the path toward S2 (24,494) and S3 (24,228).
Disclaimer: aliceblueonline.com/legal-documentation/disclaimer/
🔹 Key Levels for the Upcoming Week
📌 Price Action Pivot Zone (25,008–25,112)
This blue-shaded area represents the crucial weekly decision zone.
Sustaining above 25,112 may invite recovery buying, while rejection from this zone can continue the selling pressure.
🔻 Support Levels
S1: 24,829
S2: 24,494
S3: 24,228
🔺 Resistance Levels
R1: 25,330
R2: 25,558
R3: 25,824
Market Outlook
Bullish Scenario:
If Nifty reclaims and holds above the Pivot Zone (25,008–25,112), upward momentum may push the index toward R1 (25,330).
A strong breakout above this level can extend the recovery toward R2 (25,558) and R3 (25,824).
Bearish Scenario:
If the index fails to sustain above 25,008, continued weakness may drag Nifty toward S1 (24,829).
A breakdown below this support can open the path toward S2 (24,494) and S3 (24,228).
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.
