Here’s what to watch for in the market today for Nifty 50 and Bank Nifty.
Nifty 50 Analysis:
| Scenarios | Description | Positions to be Initiated |
|---|---|---|
| I | Nifty above 25,050 | Continuing Bullish |
| II | Nifty between 25,050 and 24,936 | Sideways |
| III | Nifty below 24,936 | Continuing Bearish |
If Nifty 50 sustains above 25,050, expect a bullish trend. Sideways movement can occur between 25,050 and 24,936, with bearish sentiment taking over if it sustains below 24,936.
Bank Nifty Analysis:
For Bank Nifty, watch the following scenarios:
| Scenarios | Description | Positions to be Initiated |
|---|---|---|
| I | Bank Nifty above 51,134 | Continuing Bullish |
| II | Bank Nifty between 51,134 and 50,248 | Sideways |
| III | Bank Nifty below 50,248 | Continuing Bearish |
Bank Nifty could maintain a bullish trend above 51,134, move sideways between 51,134 and 50,248, and turn bearish below 50,248.
For a more detailed analysis, watch our latest video. Stay informed, stay vigilant, and trade wisely. 📈🧭 #FridayTrading #Nifty50 #BankNifty #TradeEncore
