Key Technical Levels for May 8, 2026
Resistance Levels:
Immediate Target: 24,445 – 24,500
Major Hurdle: 24,562 – 24,650
Bull Case (if Iran deal confirmed): 24,800 – 25,000
Support Levels:
Immediate Support: 24,246 – 24,166
Crucial Base: 24,100 (Primary support / Weekly expiry base)
Hard Floor: 24,048 – 24,000 (21-day and 50-day moving averages)
Resistance Levels:
Immediate Target: 24,445 – 24,500
Major Hurdle: 24,562 – 24,650
Bull Case (if Iran deal confirmed): 24,800 – 25,000
Support Levels:
Immediate Support: 24,246 – 24,166
Crucial Base: 24,100 (Primary support / Weekly expiry base)
Hard Floor: 24,048 – 24,000 (21-day and 50-day moving averages)
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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.
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.
