Nifty Monday Trading View – Will It Break Out?
The Nifty 50 paused for an upside move on Friday, closing at 24,750 on the spot. As traders eye Monday’s session, key technical levels are lining up for both bullish and bearish scenarios.
Here’s the Monday game plan:
✅ Support Level: 24,670
✅ Resistance Level: 24,860
If Nifty moves northward (upside), it must break the resistance at 24,860 to target the next level at 25,100, with a stop loss at 24,750.
If Nifty moves southward (downside), it needs to break the support at 24,670, eyeing a target of 24,580, with a stop loss at 24,710.
This setup suggests that Monday could be a decisive session — a breakout on either side may set the tone for the week ahead. Traders should watch these levels closely and manage their risk accordingly.
📈 Key Levels to Watch:
- Upside: 24,860 → 25,100
- Downside: 24,670 → 24,580
⚠ Disclaimer: This article is for informational and educational purposes only and does not constitute financial advice. Trading in the stock market involves risk; please consult your financial advisor before making any investment decisions.