Nifty 50 Weekly Chart – Inshort Summary
Trend: Long-term bullish, short-term corrective.
Immediate Support: ₹24,347 – ₹24,395
Key Supports Below: ₹23,141 · ₹22,676 · ₹21,137
Resistance Levels: ₹24,694 · ₹24,811 · ₹25,317 · ₹25,661
Fibonacci Zone: Strong retracement support between ₹23,100 – ₹22,600
Outlook: Possible dip toward ₹22,600–₹23,100, then rebound to ₹25,500+ if support holds.
Disclaimer -
I am not a SEBI-registered analyst or investment advisor. The views, charts, and trading ideas shared are purely for educational and informational purposes only. These do not constitute investment advice or a recommendation to buy/sell any securities. Please consult your SEBI-registered financial advisor before making any investment decisions. Trading and investing involve substantial risk — do your own research (DYOR).
Trend: Long-term bullish, short-term corrective.
Immediate Support: ₹24,347 – ₹24,395
Key Supports Below: ₹23,141 · ₹22,676 · ₹21,137
Resistance Levels: ₹24,694 · ₹24,811 · ₹25,317 · ₹25,661
Fibonacci Zone: Strong retracement support between ₹23,100 – ₹22,600
Outlook: Possible dip toward ₹22,600–₹23,100, then rebound to ₹25,500+ if support holds.
Disclaimer -
I am not a SEBI-registered analyst or investment advisor. The views, charts, and trading ideas shared are purely for educational and informational purposes only. These do not constitute investment advice or a recommendation to buy/sell any securities. Please consult your SEBI-registered financial advisor before making any investment decisions. Trading and investing involve substantial risk — do your own research (DYOR).
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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.