The Indian equity markets extended their bullish momentum on Monday, closing the session with robust gains. The benchmark Nifty 50 index climbed by 148 points, or 0.60%, ending the day at a new milestone of 25,001.15—a level that holds both technical and psychological significance.
This decisive reclaiming of the 25,000-mark has set the tone for a potentially stronger upside in the coming session. Below is a professional yet reader-friendly breakdown of what to expect tomorrow based on current technical trends and expert analysis.
🔍 Market Sentiment & Technical Structure
Daily Candlestick Formation: A bullish candle has been formed on the daily charts, signaling strong buying interest and favorable sentiment among market participants.
Momentum Confirmation: Sustained trading above the 25,000 mark reflects confidence and opens doors for further upside movement.
Hrishikesh Yedve, Assistant VP at Asit C. Mehta, notes that if Nifty maintains levels above 25,000, it could fuel additional upward momentum.
📈 Key Resistance Levels for Nifty 50 Tomorrow
Immediate Resistance:
25,079 – Monday’s high; a breakout above this could act as a bullish trigger.
Next Target Zones:
25,200 – 25,300
This range is seen as the next probable resistance band. If momentum persists, we could see Nifty testing this level within the next 1–2 sessions.
📉 Key Support Levels to Watch
Initial Support:
24,800 – This is the first cushion if markets face minor profit-booking or volatility.
Major Support Zone:
24,400 – 24,500
This zone aligns with the 20-day Exponential Moving Average (20-DEMA) and an earlier breakout level. A breach below this range may alter the short-term bullish outlook.
According to Bajaj Broking, a failure to sustain above 25,000 could trigger consolidation or mild corrections, but the broader trend remains intact as long as Nifty stays above the 24,400 zone.
🎯 Final Takeaway
With the Nifty 50 ending just above the crucial 25,000 level and a bullish candle backing the move, the short-term trend appears positively biased. However, traders should keep an eye on 25,079 for confirmation of further upside. If breached, expect a potential rally towards 25,200–25,300.
On the flip side, any slip below 24,800 may invite caution, with 24,400–24,500 acting as a strong buffer for bulls.
🔔 Pro Tip for Traders:
In tomorrow’s session, monitor intraday volumes near the 25,079 level. A breakout with higher volume may present opportunities for short-term momentum trades.
Stay tuned, stay disciplined, and remember: price action and levels tell the story before the news does.
Disclaimer:
The information provided in this article is for educational and informational purposes only. It is not intended as investment advice or a recommendation for any particular strategy, stock, or financial product. Stock market investments are subject to market risks. Please consult a qualified financial advisor before making any investment decisions. The author and the website are not responsible for any losses incurred based on the content presented above.
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