NIFTY LEVEL 21 NOVEMBER 2024
Upside Possibility:
If the price crosses 23,617.90, it might test the 23,649.75 level.
Beyond this, 23,751.35 (dotted red line) and 23,862.55 can act as resistance zones.
Downside Risk:
A breakdown below 23,403.95 (dotted green line) may lead to the 23,302.75 zone.
Further support exists at 23,283.65.
Neutral Zone:
The price seems to be consolidating between 23,403.95 and 23,617.90.
A breakout or breakdown from this range will decide the next trend.
If the price crosses 23,617.90, it might test the 23,649.75 level.
Beyond this, 23,751.35 (dotted red line) and 23,862.55 can act as resistance zones.
Downside Risk:
A breakdown below 23,403.95 (dotted green line) may lead to the 23,302.75 zone.
Further support exists at 23,283.65.
Neutral Zone:
The price seems to be consolidating between 23,403.95 and 23,617.90.
A breakout or breakdown from this range will decide the next trend.
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