Supports: 22770/22321/21955
Upper Support zone: 22921-22655
As long as this support zone holds we can expect big bull run towards 24K/25K.
Downside minimum target done at 23210.
Extensions can be 23050/22921/22770/22660 max.
Reversal from any of these levels, we can see 23750 first .
Upside targets: 23750, 23989
Ultimate target zone 1: 24190-24291-24450.
Scenario 1:
23100 hold support and market can move towards 24190+ directly.
Scenario 2:
Can move back to 23400-650 n fall to 22950-22660 n reverse back strongly to 24190+.
As of now, my primary view is scenario 2.
Alt scenario is 1.
As per seasonality, I expect bull run till Aug-Oct 2025. Slow and Steady Move.
https://in.tradingview.com/chart/NIFTY/eAM2LadH-NIFTY-23282-Analysis-on-03-Apr-2025/
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