DisclaimerThis analysis is for educational and informational purposes only.I am not a SEBI-registered advisor. Market investments are subject to risk. Please consult a certified financial advisor before taking any trade.Bank Nifty may go down to if it stays below 58500,I am a trader not a expert please be aware
Bank Nifty may go down to 57300 if it stays below 58500,I am a trader not a expert please be aware đ Nifty Outlook “Nifty may go down to 24,000 if it stays below 25,100.” đ Technical Meaning (Simple Language) 25,100 is acting as a key resistance / decision level If Nifty fails to close above 25,100 and continues trading below it, the market shows weakness Sustained weakness increases the probability of a gradual fall toward 24,000 đ§ Why 24,000 Becomes Possible Lower High Structure Staying below 25,100 suggests buyers are losing strength Sellers gain confidence at every bounce Support Zones Breaking Below 25,100 → next supports may fail one by one This opens the path toward 24,300 → 24,000 Psychological Level 24,000 is a strong round-number support Markets often gravitate toward such levels during corrections ⚠️ Important Conditions This view remains valid only if Nifty stays below 25,100 A strong daily close above 25,100 can: Cancel the bearish setup Trigger short covering Push...