Current Zone: 23,950–24,000 area is the key battleground. Nifty recovered from recent weakness but is still facing resistance around 24,000–24,200.
Important Levels
Resistance Zones
24,000 (Immediate hurdle)
24,100–24,200 (Major resistance)
24,300–24,350 (Bullish breakout target)
Support Zones
23,800 (Key support)
23,650–23,600 (Strong support)
23,400–23,350 (Last bullish defense)
Trading Plan
Bullish Scenario
Sustained move above 24,000
Target: 24,100 → 24,200
Strong breakout above 24,200 can extend towards 24,300–24,350.
Bearish Scenario
Break below 23,800
Target: 23,650 → 23,600
Further weakness may drag Nifty towards 23,400–23,350.
Swing Trader View
Above 24,000: Positive bias
Below 23,800: Cautious / bearish bias
Range-bound zone: 23,800–24,000.
Chart Setup Text (for your TradingView-style chart)
RESISTANCE: 24,200
MAJOR RESISTANCE: 24,100–24,200
BREAKOUT TARGET: 24,350
CURRENT ZONE: 23,950–24,000
KEY SUPPORT: 23,800
STRONG SUPPORT: 23,600
LAST SUPPORT: 23,350
BIAS: Bullish above 24,000 | Bearish below 23,800
Important Levels
Resistance Zones
24,000 (Immediate hurdle)
24,100–24,200 (Major resistance)
24,300–24,350 (Bullish breakout target)
Support Zones
23,800 (Key support)
23,650–23,600 (Strong support)
23,400–23,350 (Last bullish defense)
Trading Plan
Bullish Scenario
Sustained move above 24,000
Target: 24,100 → 24,200
Strong breakout above 24,200 can extend towards 24,300–24,350.
Bearish Scenario
Break below 23,800
Target: 23,650 → 23,600
Further weakness may drag Nifty towards 23,400–23,350.
Swing Trader View
Above 24,000: Positive bias
Below 23,800: Cautious / bearish bias
Range-bound zone: 23,800–24,000.
Chart Setup Text (for your TradingView-style chart)
RESISTANCE: 24,200
MAJOR RESISTANCE: 24,100–24,200
BREAKOUT TARGET: 24,350
CURRENT ZONE: 23,950–24,000
KEY SUPPORT: 23,800
STRONG SUPPORT: 23,600
LAST SUPPORT: 23,350
BIAS: Bullish above 24,000 | Bearish below 23,800
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Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.