LTP: 25083
Supports: 24850/730/677/24455/24334
As you notice, Nifty has my second level of target at 25110.
24600 to 25100 done till now. Check my previous analysis
https://ewavesjournal.blogspot.com/2025/08/nifty-smaller-timeframe-analysis-16-aug.html
Still I am bullish and my view BUY on DIPS for 26K in the coming months.
SPOT targets: 25310/25555/25785
IMPORTANT LEVELS TO WATCH
25355/24730
Most Likely NIFTY will trade in between these levels till September.
And expecting breakout in the month of OCTOBER for 25900/26K.
October I expect 26K to be reached.
BUY ON DIPS VIEW as long as 24730 holds support.
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