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Ankit Gupta

12th Jan · SEBI-Registered Analyst

📊 Important !Nifty Levels for Tomorrow (Expiry Day)

Today, Nifty witnessed a strong recovery after weakness in the first half, indicating a possible short-term trend reversal. The index formed a double bottom near 25450, acting as a strong support zone. On the daily chart, a Hammer candlestick has formed, which is generally considered a reversal signal after a decline. 🔹 Immediate Support: 25600 🔹 Immediate Resistance: 25900 📌 Strategy View: 🔹 Buy on dips approach may be considered as long as Nifty holds above the support zone 🔹 Price action near resistance should be watched closely ⚠️ Markets are volatile on expiry days; trade with proper risk management. Disclaimer: The securities quoted here are for illustration only and are not recommendatory.

#TechnicalViews#Today’sTradingSetup#WatchOutFor#Post-ClosingCommentary
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