Nifty 50 India : A Dive into the Base
The Indian major, Nifty 50 struggling below the level 24700-750 to overcome the resistance for the last couple of days but till this weekly close it was unsuccessful to do so. We think, Smart money felt the zone 24700-24750 as resistance.
It has formed a Double Top respectively at 26277 and 25669. In 3 months and Monthly closing chart it formed a Rising Channel with negative divergence. Very crucial support lies in the zone 24200 to the down 23900. If this zones breaks down, then we can see further down side.
According to the scenario prevailing now, if we cant cover the 24700-800 zone immediately then a sell off will cover the index to 22500 or even to 21800 by the end of September,2025.
We have to be very cautious.


Is matured accuracy coming out or NOT ? Let me know friends. Love to all.
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