📊 NIFTY 50 PRE-OPEN MARKET ANALYSIS – APRIL 24, 2025
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Avanish Kumar Tyagi@admin
Published on 23 Apr
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Avanish Kumar Tyagi
7 May
Nifty likely to trade rangebound; option writers may use Iron Condor or Bear Call Spread between 24,200–24,500 to benefit from time decay and limited volatility.
5 May
Nifty 50 closed above 24,450 with bullish momentum; eyes 24,600+ if sustained. Support seen at 24,200–24,000. Elevated VIX urges caution amid strong OI setup.
1 May
Nifty remains in a positive trend above key EMAs, but rising volatility and global tensions suggest caution; watch 24,000–24,500 range for a decisive move.
29 Apr
Nifty stays bullish above 24,300; watch for resistance at 24,550–24,860. Rising VIX urges caution; volatility likely to persist. Maintain strict stop-losses.
28 Apr
Nifty needs to decisively cross 24,350 for further gains; strong support lies at 24,000–24,050. Cautious optimism advised amid elevated volatility.
24 Apr
Nifty remains in a bullish zone; 24,000 is key support. Hold longs with caution. Watch for a breakout above 24,545 to confirm further upside momentum.
22 Apr
Nifty remains bullish above 24,000; a breakout above 24,200 may trigger moves toward 24,300–24,350. Momentum strong, but consolidation likely near highs.
21 Apr
Nifty 50 stays bullish above 24,000 with strong momentum; watch for resistance at 24,200–24,550. Support lies at 24,000–23,900. Sentiment remains positive.
20 Apr
Nifty 50 remains bullish above 23,500 with strong momentum, low VIX, and positive OI data; resistance seen at 24,000–24,200, support at 23,500–23,000.
16 Apr
Nifty 50 stays bullish above 200-day EMA; targets 23,550–23,650. Strong OI support at 23,000–23,300. Positive sentiment, falling VIX, and rising PCR boost confidence.