The Nifty successfully closed above the immediate hurdle of 25,500, underscoring the strength of current momentum. As the index sustains above this breakout zone, the next leg higher seems imminent. A move beyond today’s high would likely re-energise bullish sentiment and potentially drive the index toward the next resistance at 25,750. On the flip side, a breach below the crucial 25,000 level could spark a corrective pullback, though the current chart structure favours a ‘buy-on-dips’ strategy as long as support levels remain intact. As the index has closed strongly on monthly expiry, strong rollovers toward the July series can be seen
#Nifty #bull #market #momentum
#Nifty #bull #market #momentum
The Nifty successfully closed above the immediate hurdle of 25,500, underscoring the strength of current momentum. As the index sustains above this breakout zone, the next leg higher seems imminent. A move beyond today’s high would likely re-energise bullish sentiment and potentially drive the index toward the next resistance at 25,750. On the flip side, a breach below the crucial 25,000 level could spark a corrective pullback, though the current chart structure favours a ‘buy-on-dips’ strategy as long as support levels remain intact. As the index has closed strongly on monthly expiry, strong rollovers toward the July series can be seen
#Nifty #bull #market #momentum
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