Nifty Forms Higher High, Higher Low Series
The Free Press Journal|January 03, 2025
Nifty Has To Hold Above 24100 Zones For An Up Move Towards 24400 Then 24600 Zones While Supports Are Placed At 24100 Then 23900 Zones
Motilal Oswal Team
Nifty Forms Higher High, Higher Low Series

Nifty index opened positive and bulls took over right from the initial tick and witnessed a spectacular move of 475 points. It went on to cross 24200 zones and closed with gains of around 450 points. It formed a big bullish candle on daily frame and has started to form higher highs - higher lows from the last two sessions. Now it has to hold above 24100 zones for an up move towards 24400 then 24600 zones while supports are placed at 24100 then 23900 zones.

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