The Nifty index looks positive for the upcoming week, despite global uncertainties and tariffs. This is a bold take, but my chart analysis supports it. The charts do not indicate a fall below 24,200 in the coming week. Three short-covering levels are marked: 24,448, 24,339, and 24,215. On the upside, a key level to watch is 24,635. If Nifty crosses and sustains above 24,635, we can expect upward momentum to continue toward 24,900–25,000. All levels are marked in the chart posted.
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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.