NIFTY 1D Time frame📊 NIFTY 50 Snapshot
Current Price: Approximately 24,991
Change: Up ~0.49% from the previous close
Trend: Fifth consecutive day of gains
🔎 Key Levels
Resistance: Near 25,000 — psychological level and recent high
Support: Around 24,800 — recent low and consolidation zone
📈 Technical Indicators
RSI (14): Approximately 58 — neutral to slightly bullish
MACD: Positive — indicating upward momentum
Moving Averages: Price trading above key moving averages, suggesting a bullish trend
📌 Market Sentiment
Catalysts: Optimism over potential GST cuts and revival of trade talks with the U.S.
Sector Performance: Broad-based gains across sectors, with IT and financials leading
📅 Outlook
Bullish Scenario: Sustained trading above 25,000 could lead to a push toward 25,200–25,300.
Bearish Scenario: A drop below 24,800 may test support around 24,600.
