Flat Start, Big Potential: Will NIFTY Break Through or Hold Steady?
Major Zones in Play: Watch for Breakouts & Breakdown Moves

Flat Start, Big Potential: Will NIFTY Break Through or Hold Steady?

?? Good Morning.....

In the last trading session, the NIFTY INDEX opened with a ?? GAP UP and hovered around the ?? crucial resistance zone throughout the day.

It closed at around 243.67.


?? Today's Outlook

The market is likely to open FLAT ?.


?? As per OPTION CHAIN DATA


?? Support Zones

  • 1st: 24269 - 24224 ?? (MAJOR)
  • 2nd: 24175 - 24130
  • 3rd: 24084 - 24041
  • 4th: 23996 - 23956


?? Resistance Zones

  • 1st: 24420 - 24469 ?? (MAJOR)
  • 2nd: 24521 - 24579
  • 3rd: 24626 - 24680
  • 4th: 24727 - 24786
  • 5th: 24828 - 24892


?? Important Notes

  • ?? 24319-24370 will act as a crucial zone.
  • ?? Both the 1st support zone and the 1st resistance zone are major zones.
  • ?? The market may remain range-bound within these zones.
  • ? Major moves are expected only after a ?? breakdown of 1st support zone or ?? breakout of 1st resistance zone.


?? Key Points to Remember

  • ?? Observe the shifting of support and resistance zones.
  • ?? Plan your trades accordingly with precise calculations.
  • ??♂? Wait for your levels before making any moves.
  • ?? Keep a merciless stop-loss.
  • ??♂? Patience is the ultimate key to success.


?? Wishing you all a successful trading day.... All the best.... ??

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