nifty50 Analysis | be careful from trap

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nifty50 Analysis | be careful from trapNifty 50 IndexNSE:NIFTYJimmy_RebelloMarket Outlook Support Zone: 24,550 – 24,400 Resistance Levels: 24,750 – 24,790 and 24,960 – 24,990 A falling wedge pattern is currently forming just above the support zone. The key level to watch is 24,590, as a sweep of this low appears likely. However, before a potential breakdown, price may first retest the immediate resistance area and face rejection, leading back toward the support zone.