Today, a gap-up opening is expected in Nifty near the 25250 level. If Nifty sustains above this zone, we may see bullish momentum extending toward the targets of 25350, 25400, and potentially 25450+ during the session.
However, if Nifty fails to hold above 25250 and begins reversing below 25200, it could trigger a pullback move. A reversal short opportunity may arise in the 25250–25200 range with potential downside targets of 25150, 25100, and 25050.
Overall sentiment remains bullish above 25250, but volatility is likely near resistance levels. Traders are advised to keep tight stop-losses and trail profits cautiously, as the market may remain range-bound with occasional spikes.
However, if Nifty fails to hold above 25250 and begins reversing below 25200, it could trigger a pullback move. A reversal short opportunity may arise in the 25250–25200 range with potential downside targets of 25150, 25100, and 25050.
Overall sentiment remains bullish above 25250, but volatility is likely near resistance levels. Traders are advised to keep tight stop-losses and trail profits cautiously, as the market may remain range-bound with occasional spikes.
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📈 Trade Smarter with TradZoo!
🔗 Website: bit.ly/tradzoopage
📣 Telegram: t.me/tradzooIndex
📲 Android App: bit.ly/TradZooApp
📲 Forex App:tradzoo.com/forex/download
🍎 iOS App: bit.ly/TradZoo-iOS-App
🔗 Website: bit.ly/tradzoopage
📣 Telegram: t.me/tradzooIndex
📲 Android App: bit.ly/TradZooApp
📲 Forex App:tradzoo.com/forex/download
🍎 iOS App: bit.ly/TradZoo-iOS-App
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.