NIFTY WEEKLY CHART ANALYSIS

The Nifty 50 concluded the week ending April 24, 2026, on a bearish note, closing at 23,897.95. The index registered a weekly loss of 1.87% (approx. 455 points), primarily driven by rising oil prices and weak corporate earnings in the IT sector. The weekly chart shows a bearish candlestick after a three-week rally, indicating profit booking at higher levels. Previously weekly trendline support is acting as a resistance. RSI (14-Day) is facing resistance near 50 Levels on weekly charts and MACD Histogram below zero is indicating that we may see more downside in coming days. Top Gainers :

Top Losers :