Nifty 50 Prediction for Monday: As we approach Monday, March 17, 2025, market analysts are closely monitoring the Nifty 50 index to provide insights on its potential movements.
Current Market Sentiment and Technical Indicators affecting Nifty 50 Prediction for Monday
Recent analyses indicate that the Nifty 50 has been trading within a narrow range, facing resistance between 22,500 and 22,600, with multiple support levels identified between 22,300 and 22,000.
A decisive breakout above 22,600 could potentially lead to a short-term target of 23,000, while a fall below 22,300 might trigger further declines toward 22,000.
The daily chart reveals the formation of a symmetrical triangle pattern, suggesting an impending significant price movement. A decisive move above 22,550 may initiate a meaningful rally, whereas a drop below 22,350 could weaken market sentiment.
Nifty 50 Prediction for Monday : Support and Resistance Levels
For the upcoming session on March 17, 2025, key support and resistance levels have been identified:
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Support Levels: 22,171 and 22,032
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Resistance Levels: 22,623 and 22,763
Trading Strategies and Expert Opinions on NIFTY 50 Prediction for Monday
Experts recommend monitoring the 20-day Exponential Moving Average (EMA), currently acting as a resistance around 22,650 to 22,700. A breakout above this zone could trigger a short-covering rally, while a breakdown below 22,300 may lead to further downside.
The Indian stock market is highly influenced by global economic and political events. Among the most significant international forces shaping its trajectory are the European Union (EU) and the policies of former U.S. President Donald Trump. While both exert distinct influences on India’s trade, currency, and investment flows, their impacts on the Indian stock market differ in crucial ways.
Given the recent market volatility, traders are advised to exercise caution, maintain strict stop-loss levels, and stay updated with global economic indicators that could influence market dynamics.
Disclaimer : This article provides a comprehensive overview of the key factors driving the projections for NIFTY 50. However, Investors are advised to take decisions after due diligence as investments in securities markets are subject to high risk.
We, Stocks Analysed do not provide any advise related to investment but summarise the opinions and expert views together.
