Nifty 50- Week starting 24th April,2025

23 Mar

Nifty had a solid run last week, however, there are several resistances going forward. Nifty might struggle going ahead in the coming week. It appears that the zone of 23500-23800 is a strong resistance zone. Will it crossover, consolidate or collapse?
Previous Daily swing high=23807, Equal Rally distance =23559,
38.2% retracement= 23612, 50% Retracement=24121, 200 DMA=24068

31 Mar

İşlem aktif

This worked too, Nifty hit around 23850 levels and retraced. It could not go beyond 23800 for the entire week.