Nifty 50 Technical Analysis

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Trend: Bullish above 24,000

Immediate Support:

24,050–24,000 (first demand zone)
23,900–23,850 (strong support)
23,700 (major swing support)

Resistance:

24,200 (immediate hurdle)
24,400 (breakout level)
24,600–24,700 (next upside target)
Trading Plan

Bullish Scenario

Sustain above 24,200 → Targets 24,400 → 24,600 → 24,750

Bearish Scenario

Break below 24,000 → Targets 23,900 → 23,800
Closing below 23,800 would weaken the current bullish structure.
Key Levels
Level Price
Strong Resistance 24,600–24,700
Resistance 24,400
Immediate Resistance 24,200
Current Pivot Zone 24,050–24,100
Immediate Support 24,000
Strong Support 23,900
Major Support 23,700

Aviso legal

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