NIFTY TODAY

The Nifty 50 chart on a 15-minute timeframe highlights key levels: resistance at 24,760 (green line) and support at 24,621 (orange line). Price consolidation is evident, with a red-circled area showing a false breakout, possibly influenced by today’s RBI policy announcement to keep the repo rate unchanged. This decision may have added to market volatility. The blue arrows suggest potential breakout directions—bullish above resistance and bearish below support. Volume spikes during specific candles signal heightened activity. A confirmed breakout beyond this range could provide trading opportunities, requiring careful entry and exit planning to align with prevailing market momentum.