Índice Nifty 50
Largo

NIFTY 1D Time frame

116
📊 Current Snapshot

Current Price: ₹24,981

Previous Close: ₹24,960.15

Day’s Range: ₹24,915 – ₹25,035

52-Week Range: ₹21,743 – ₹26,277

Market Cap: Approx. ₹21.5 lakh crore

Volume: ~1.8 crore shares

🔑 Key Support & Resistance Levels

Immediate Support: ₹24,900

Next Support: ₹24,500

Immediate Resistance: ₹25,050

Next Resistance: ₹25,200

📈 Trend & Indicators

Trend: Neutral to mildly bullish; trading near 50-day and 200-day moving averages.

RSI (14): 65 – approaching overbought zone.

MACD: Positive, indicating bullish momentum.

Moving Averages: Short-term moving averages suggest neutral to slightly bullish outlook.

🔮 Outlook

Bullish Scenario: Break above ₹25,050 with strong volume could push Nifty toward ₹25,200.

Bearish Scenario: Drop below ₹24,900 may lead to further decline toward ₹24,500.

Neutral Scenario: Consolidation between ₹24,900 – ₹25,050; breakout needed for directional move.

📌 Key Factors to Watch

Broader market sentiment.

Economic indicators such as interest rates and inflation.

Global cues affecting investor confidence.

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