Nifty 50 is showing signs of slowing down after a strong up move. Price is now struggling near the 24,200 – 24,300 resistance zone, which suggests buyers are losing strength. The recent movement looks sideways with slight weakness, so the market may not continue upward immediately.
If price fails to break this resistance, it can move down toward 23,800 support, and possibly even the unfilled gap near 23,500 – 23,600. However, if it breaks above 24,300 with strength, then the downside view becomes less likely.
We will update further information soon.
If price fails to break this resistance, it can move down toward 23,800 support, and possibly even the unfilled gap near 23,500 – 23,600. However, if it breaks above 24,300 with strength, then the downside view becomes less likely.
We will update further information soon.
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Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.