Chiranjeevi Kumar
SEBI Registered Research Analyst
Registration No INH000028316
BSE Enlistment No 7349
Nifty 15 minute Chart Analysis Today (17 Aug 2k26)
Nity Closed 54 point Down From Previous Day.
Analysis For 18 Aug Major Support At 24225 Major Resistance At 24350
If Market Open in Range Between 24225-350,
Nity May Show Sideways movement Any Gapup & Gapdown beyond these two levels following Scenario Are possible
If Market Open gap Above 24350 Market can witness selling pressure for that case wait for proper price action setup
but if open gap and buying seen in first 15 minute then nifty may witness resistance at 24400
We can see either sideways or intense selling pressure but
if nifty open gap down more than 50 60 point we can witness strong buying momentum from 24200 175 range
Note This is not buy sell recommendation Consult your Financial Advisor before any trade
Investment in Securities market are subjected to market risk read all related document carefully.