Nifty 50 Weekly Chart- Long-term bullish, short-term corrective

8 Ağu

Nifty 50 Weekly Chart – Inshort Summary
Trend: Long-term bullish, short-term corrective.

Immediate Support: ₹24,347 – ₹24,395
Key Supports Below: ₹23,141 · ₹22,676 · ₹21,137
Resistance Levels: ₹24,694 · ₹24,811 · ₹25,317 · ₹25,661
Fibonacci Zone: Strong retracement support between ₹23,100 – ₹22,600
Outlook: Possible dip toward ₹22,600–₹23,100, then rebound to ₹25,500+ if support holds.

Disclaimer -
I am not a SEBI-registered analyst or investment advisor. The views, charts, and trading ideas shared are purely for educational and informational purposes only. These do not constitute investment advice or a recommendation to buy/sell any securities. Please consult your SEBI-registered financial advisor before making any investment decisions. Trading and investing involve substantial risk — do your own research (DYOR).

8 Ağu

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