Nifty 50 Technical Analysis: Key Levels to Watch This Week!

📈 Timeframe: Daily Chart
📍 Instrument: NSE:NIFTY

🔍 Chart Overview:
Nifty 50 has been trading in a consolidation range between [support level] and [resistance level]. We are now approaching a critical breakout zone that could define the next short-term trend.

🔑 Key Levels:
Immediate Resistance: 25071

Immediate Support: 24488

Breakout Above: 25071

Breakdown Below: 24488

🔔 Trading Plan:
🔼 Bullish Scenario: Wait for a breakout above 25071 with volume confirmation.
🔽 Bearish Scenario: Breakdown below 24488 may invite selling pressure.

💡 Risk Management: Use proper stop-loss below support/resistance

📌 Disclaimer:
This is for educational purposes only. Do your own research before taking any trade.

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