Nifty 50- Analysis
Nifty 50 Index NSE:NIFTY
Global cues are positive, indicating a likely gap-up opening for Nifty.
If Nifty opens above 24,700 and sustains above 24,720, the index may extend its rally towards 24,780–24,800, with the potential for further upside if momentum remains strong.
On the downside, if Nifty fails to hold 24,680, it could slip towards the 24,620–24,600 zone, and a break below this support may lead to further weakness.
Education purpose only and not financial advice