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Vdo Junction
PRE MARKET 2025 Analysis
The Nifty slipped lower as it faced stiff resistance around the 25,250–25,260 zone. On the hourly chart, the index fell back below the 50-EMA and closed below it. Overall, the index continues its range-bound movement, which may persist in the near term.
On the downside, support remains intact at 24,900; a decisive break below this level could trigger a correction in the market. On the other hand, a sustained move above 25,260 may induce a fresh rally.
#Nifty, #StockMarket, #TechnicalAnalysis, #Nifty50, #MarketUpdate, #ResistanceZone, #SupportLevel, #RangeBound, #TradingStrategy, #IndianMarkets, #EMA, #MarketCorrection, #BullishBreakout, #HourlyChart, #NiftyAnalysis
The Nifty slipped lower as it faced stiff resistance around the 25,250–25,260 zone. On the hourly chart, the index fell back below the 50-EMA and closed below it. Overall, the index continues its range-bound movement, which may persist in the near term.
On the downside, support remains intact at 24,900; a decisive break below this level could trigger a correction in the market. On the other hand, a sustained move above 25,260 may induce a fresh rally.
#Nifty, #StockMarket, #TechnicalAnalysis, #Nifty50, #MarketUpdate, #ResistanceZone, #SupportLevel, #RangeBound, #TradingStrategy, #IndianMarkets, #EMA, #MarketCorrection, #BullishBreakout, #HourlyChart, #NiftyAnalysis
PRE MARKET 2025 Analysis
The Nifty slipped lower as it faced stiff resistance around the 25,250–25,260 zone. On the hourly chart, the index fell back below the 50-EMA and closed below it. Overall, the index continues its range-bound movement, which may persist in the near term.
On the downside, support remains intact at 24,900; a decisive break below this level could trigger a correction in the market. On the other hand, a sustained move above 25,260 may induce a fresh rally.
#Nifty, #StockMarket, #TechnicalAnalysis, #Nifty50, #MarketUpdate, #ResistanceZone, #SupportLevel, #RangeBound, #TradingStrategy, #IndianMarkets, #EMA, #MarketCorrection, #BullishBreakout, #HourlyChart, #NiftyAnalysis
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