Nifty is expected to open with a gap down around the 25150–25200 zone, indicating early weakness near immediate support.
The index has slipped below 25250 and is currently trading near the 25150–25200 support band. Immediate resistance is placed at 25250, followed by 25450 on the higher side. The short-term structure remains bearish unless price quickly reclaims 25250.
If Nifty sustains below 25200 with strong selling momentum and a solid 15-minute candle close, short positions can be considered for targets of 25100, 25050, and 25000. A breakdown below 24950 may further extend the move toward 24850, 24800, and 24750.
On the upside, if price reclaims and sustains above 25250, a pullback bounce can be expected toward 25350, 25400, and 25450+. Sustained trading above 25450 would reduce immediate bearish pressure.
Since it is a gap down opening near support, avoid aggressive selling at the open. Wait for a confirmed breakdown below 25200 or a strong recovery above 25250. Maintain strict stop loss and trail profits carefully once the move confirms.
The index has slipped below 25250 and is currently trading near the 25150–25200 support band. Immediate resistance is placed at 25250, followed by 25450 on the higher side. The short-term structure remains bearish unless price quickly reclaims 25250.
If Nifty sustains below 25200 with strong selling momentum and a solid 15-minute candle close, short positions can be considered for targets of 25100, 25050, and 25000. A breakdown below 24950 may further extend the move toward 24850, 24800, and 24750.
On the upside, if price reclaims and sustains above 25250, a pullback bounce can be expected toward 25350, 25400, and 25450+. Sustained trading above 25450 would reduce immediate bearish pressure.
Since it is a gap down opening near support, avoid aggressive selling at the open. Wait for a confirmed breakdown below 25200 or a strong recovery above 25250. Maintain strict stop loss and trail profits carefully once the move confirms.
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📈 Trade Smarter with TradZoo!
📣 Telegram: t.me/tradzooIndex
📣 Forex Telegram: t.me/tradzoofx
📲 Mobile App: tradzoo.com/download
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🔗 Website: bit.ly/tradzoopage
📣 Telegram: t.me/tradzooIndex
📣 Forex Telegram: t.me/tradzoofx
📲 Mobile App: tradzoo.com/download
📲 Forex App:tradzoo.com/forex/download
🔗 Website: bit.ly/tradzoopage
Related publications
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.