NSE “Nifty 50 Index” Weekly Trading View DATE: 25-01-2025

Jai Shri Ram

NSE “Nifty 50 Index” Weekly Trading View: last week again we had seen good selling pressure because of technical break out and made new low of 22976.85 and broke our major support level of ₹23170 and we get weekly closing of ₹23092.20,

Now Question is what’s Next ?

as per technically trend is week because weekly close is below major support level ₹23170 and am expecting another fall up to next level of ₹22800 & ₹22500. “Nifty 50” facing good trend-line resistance level of ₹23440 and if market goes higher above our level then we can sell price of ₹23780 & ₹24100. Now everyone hoping good news from our “Finance Minister” on Budget day and from “RBI” on next months monetary policy. as per technically I will suggest sell on rise till fundamental is week but with proper stop loss

Chandan Singh

this is Chandan Singh from India. research technical analyst in financial market and helping investor or traders to generate knowleage with profit from financial market with having 17 years of experience!