Here’s your market insight for 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, it’s set to continue its bullish trend. Sideways movement may occur between 25,050 and 24,936, and below 24,936, bearish sentiment might take over.
Bank Nifty Analysis:
For Bank Nifty, watch these key levels:
| 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 |
Bullish sentiment continues if Bank Nifty stays above 51,134, with a sideways trend possible between 51,134 and 50,248. A bearish trend may take over below 50,248.
For a more detailed analysis, watch our latest video. Stay informed, stay vigilant, and trade wisely. 📈🧭 #TuesdayTrading #Nifty50 #BankNifty #TradeEncore
