Nifty 50 Intraday Expiry Prediction for 25th April 2024:- Nifty 50 stock opened gap up and moved in sideways today. Among the sectorial Indices metal, healthcare and consumer durables gained the most. On the other side IT and media stocks declined the most in today's market. In today's market Nifty Metal index given a breakout from the previous stock resistance ranging from 9038 to 9065 levels. After breakout Nifty Metal moved more than 2.70 percentage to close at 9140 which is 240 points above from the previous day Closing. Please Check Our Previous Post on " Top Intraday Metal Stocks near breakout for 25th April 2024".
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Nifty 50 Intraday Prediction for 25th April 2024 |
Overall market trend was positive today. The NSE volatility index was not moving and gained at 0.78 percentage to close at 10.28 levels. Nifty Midcap indices moved 0.76 percentage up and Nifty small cap indices moved only 0.36 percentage. On the other hand, Sensex moved 114 points which is 0.16 percentage to close at a price of 73852 levels and Finally Nifty closed at 22412 or 0.15 percentage in green.
Now lets look in to the Latest chart analysis for Nifty 50 expiry on 25th April 2024 and get the intraday trading levels to trade perfectly in tomorrow's trading section.
Nifty 50 Intraday Expiry day Chart analysis on 25th April 2024
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Nifty 50 Intraday Expiry day Chart analysis on 25th April 2024 |
Nifty 50 Indices closed at 22412 levels which is 0.15 percentage upside. Nifty 50 opened gap up and opened at 22426 levels from the previous day Closing price of 22361. After gap up opening market was moving sideways to create a intraday day high of 22476 levels and then declined to make a new intraday low of 22384 levels.
You can expect a fall in Nifty 50 below 22384, which is today's day low to give a downside targets of 22345, 22231 levels. On the other side if Nifty is sustained above the trend line as shown in the chart given below then you can expect upside movement in Nifty 50. And you can expect upside targets of 22500, 22610 and 22690 levels.
Conclusion
So we have seen the Nifty 50 expiry Intraday levels and possible upside targets and possible downside Target in Nifty 50. Mark those levels in your chart and wait for the entry levels and make maximum use of Expiry day.