The Nifty index is showing a Sideways to bearish trend this Monday, oscillating between 25000-25300. Key support is observed in the 25000-25050 range, while resistance lies between 25250-25300. 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 | 25000-25050 |
Nifty Resistance | 25250-25300 |
Nifty Range | 25000-25300 |
BIAS | Sideways to Bearish |
The Bank Nifty index is exhibiting a sideways to Bearish trend, fluctuating from 56400-57100. A solid support zone is established between 56400-56500, while resistance is positioned between 57000-57100. 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 | 56400-56500 |
Nifty Resistance | 57000-57100 |
Nifty Range | 56400-57100 | BIAS | Sideways to Bearish |
Prediction is given by Technical Research Team - Choice
Register to receive daily and weekly stock market predictions for the Nifty and Bank Nifty, including with range, support, and resistance levels. Join Now