๐ NIFTY UPDATE
After the weekend, NIFTY has opened above our mentioned 24,270 zone and is currently holding around the same area.
We now have two important zones marked on the chart:
๐น Support: 24,267โ24,270
๐น Resistance: 24,335โ24,340
As long as NIFTY holds above 24,267, the structure remains supportive for an upside move toward the upper zone. A sustained breakout above 24,340 can open further upside.
โ ๏ธ Also keep an eye on INDIA VIX: it has moved up to 11.25 from around 10.32 in the morning, showing a pickup in volatility.
After the weekend, NIFTY has opened above our mentioned 24,270 zone and is currently holding around the same area.
We now have two important zones marked on the chart:
๐น Support: 24,267โ24,270
๐น Resistance: 24,335โ24,340
As long as NIFTY holds above 24,267, the structure remains supportive for an upside move toward the upper zone. A sustained breakout above 24,340 can open further upside.
โ ๏ธ Also keep an eye on INDIA VIX: it has moved up to 11.25 from around 10.32 in the morning, showing a pickup in volatility.