Tuesday, January 28, 2025

NIFTY OVERVIEW TOMMOROW


 

Today's market opened well and gapped up and made it around 23,135 and is currently moving around 22,985 and can close above this level and now the support level below is 22,860 rupees and And the first register above comes around 23,080 and the second register comes around 23,150 and the third register comes around 23,207.And if there is a break below 22,860, then take yesterday's which was made around 22,814. It would not be surprising if that level breaks again, so consider this level as the second support level and the third support level which was yesterday's last low. If the last support level of 22,788 is broken, then the price will go down.Support comes at 22,550 and 21,290 but 22,788 is the last support after which no one knows which direction the market will take and where it will go, so consider this level as the last support level and hold the position.If there is a purchased item, this level does not become a stop loss, which should be kept in place, otherwise the loss may increase. Therefore, the bounce back that came today can be considered a good opportunity for selling and can still be sold on the bounce. If the lower side is open, then hold the position and be careful not to increase the loss. Thank you.

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