The Nifty index is showing a sideways trend this Monday, oscillating between 24700-25100. Key support is observed in the 24600-24700 range, while resistance lies between 25000-25100. A breakout above this resistance zone could pave the way for further upward movement. Traders are advised to keep a close eye on these critical levels for potential changes in market dynamics.
Nifty View | Levels |
---|---|
Nifty Support | 24600-24700 |
Nifty Resistance | 25000-25100 |
Nifty Range | 24700-25100 |
BIAS | Sideways to Bullish |
The Bank Nifty index is exhibiting a sideways trend, fluctuating from 55100-55800. A solid support zone is established between 55000-55100, while resistance is positioned between 55700-55800. A breakout above the resistance level may initiate further upward movement. Traders should carefully observe these key levels for potential shifts in market direction.
Bank Nifty View | Levels |
---|---|
Nifty Support | 55000-55100 |
Nifty Resistance | 55700-55800 |
Nifty Range | 55100-55800 | BIAS | Sideways to Bullish |
Prediction is given by Technical Research Team - Choice
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