Nifty 50 Prediction 28th July 2025 Nifty 50 broke the key support level of 24,880 and formed a big bearish candle on the daily chart, signaling weakness. On the weekly scale, the Nifty 50 slipped 0.53%, highlighting a broader weakening trend. “Nifty 50 closed below its 50-Day simple moving average (SMA) for the first time in several weeks. Meanwhile, the gap between the 9-day and 20-day EMAs has begun to widen, indicating a strengthening bearish outlook in the short term. The index also breached the 61.8% Fibonacci retracement level drawn from the previous swing low to high, which was placed near 24,920, signaling a potential breakdown of the recent recovery attempt,” #Nifty50, #StockMarketPrediction, #TechnicalAnalysis, #BearishTrend, #MarketOutlook, #SupportLevel, #SMA, #EMA, #FibonacciRetracement, #NiftyLevels, #IndianStockMarket, #TradingSignals, #MarketBreakdown, #ChartAnalysis