Nifty is expected to open flat around the 25,150–25,200 zone, indicating a neutral start after recent sessions of consolidation. The index is trading near a crucial resistance area, suggesting that traders may wait for a breakout before committing to fresh positions.
If Nifty sustains above 25,000–25,050, it can gradually move higher toward 25,100, 25,150, and 25,200 levels. A breakout above 25,250 will further strengthen the bullish momentum, paving the way for an extended rally toward 25,350–25,450+.
On the downside, immediate support lies near 24,950. A breakdown below this level may invite short-term selling pressure, pushing the index toward 24,850, 24,800, and 24,750-.
Overall, the sentiment remains range-bound with a slight bullish bias. Traders should wait for a confirmed move beyond 25,250 or below 24,950 for directional clarity, keeping strict stop-loss levels in place for intraday trades.
If Nifty sustains above 25,000–25,050, it can gradually move higher toward 25,100, 25,150, and 25,200 levels. A breakout above 25,250 will further strengthen the bullish momentum, paving the way for an extended rally toward 25,350–25,450+.
On the downside, immediate support lies near 24,950. A breakdown below this level may invite short-term selling pressure, pushing the index toward 24,850, 24,800, and 24,750-.
Overall, the sentiment remains range-bound with a slight bullish bias. Traders should wait for a confirmed move beyond 25,250 or below 24,950 for directional clarity, keeping strict stop-loss levels in place for intraday trades.
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📣 Telegram: t.me/tradzooIndex
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