Closing Bell !!!!!! of 16 April 2025 and Nifty Levels.

- Nifty gained 108 points on Wednesday, continuing its upward momentum after Tuesday’s sharp rise. - Opened negative and dipped early but recovered strongly to close at session highs. - A bullish candle with a lower shadow was formed on the daily chart. - Nifty broke past the 200-day EMA resistance around 23,360, after consolidating near it on Tuesday. - The upside gaps from 11th and 15th April remain unfilled, now seen as bullish runaway gaps, typically occurring mid-trend. - Trend remains positive with further upside potential. - Next resistance seen at 23,900 (swing high from 25th March). - Immediate support lies at 23,300.