?? Crucial Zone Alert: Will NIFTY Break Resistance Today?

?? Crucial Zone Alert: Will NIFTY Break Resistance Today?

?? Good Morning.....

NIFTY Recap

● ?? Yesterday was an interesting day for the NIFTY INDEX....

● ?? Opened with a slight GAP DOWN of just 23-25 points, around 24823.

● ?? Initial support stood at 24800 while resistance was at 25100.

● ?? Call writers quickly applied pressure, shifting resistance to 25000, then down to 24800.

● ?? However, strong put writers at 24800 reversed the resistance back to 25000, allowing NIFTY to climb up to the 1st resistance zone.

● ?? After touching the 1st resistance, put writers increased pressure again, driving an UPWARD MOVE.

● ?? By the end of the day, NIFTY closed near the day’s high at 24936.


?? Today's Outlook

● Today, the market may open with Flat to GAP UP, possibly above the Crucial Zone.

● Stay prepared and watch the levels closely... ????


?? As per OPTION CHAIN DATA


?? Support Zones ??

● 1st: 24873 - 24827

● 2nd: 24783 - 24745 ?? (Major Zone) ??

● 3rd: 24697 - 24660


?? Resistance Zones ??

● 1st: 25019 - 25073 ?? (Major Zone) ??

● 2nd: 25126 - 25192

● 3rd: 25236 - 25291

● 4th: 25346 - 25410


?? Important Notes

● ?? Crucial Zone Alert ??

Keep a close watch on 24918-24970, as this will act as a critical zone for market movement.?

● ?? Analyze the Shift ??

Keep an eye on the shifting of resistance and support zones.

Understanding these movements can unlock key insights for smarter trading decisions. ????

● ?? Avoid FOMO While Trading ??

Don’t let the fear of missing out drive your trades.

Stay calm, stick to your strategy and trade with confidence. ????

● ?? Strong Call Short Covering Alert ??

A powerful short covering in calls could push the market to break the first resistance and head sharply toward the 25200 level.

Stay on your toes.... ???


?? All the Best... ??

Wishing you a profitable and smooth trading session today... ??

?? Stay focused and trade smart. ??

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