Nifty closed near support zoneNifty 50 IndexNSE:NIFTYsiddhantsamaiyaNifty showed an alternating trend this week with sessions closing both in red and green, indicating indecision and no clear sustained direction. The index faced strong resistance near 25,250 but pulled back afterward. It closed near the key support zone around 25,050–25,000, an important area for bulls and bears. Key Support and Resistance Zones Immediate support is at 25,050–25,000, where buyers have consistently stepped in. A decisive breach below this could trigger declines toward 24,900–24,830. Critical support at 24,830 is seen as crucial for maintaining the uptrend; a drop below may invite further correction. Immediate resistance stands at 25,250–25,300, serving as a supply zone. A sustained break and close above this level could spark the next uptrend phase. Higher hurdles to watch for, if breakout occurs, lie around 25,350–25,500. What to Watch Next The next direction depends on whether Nifty breaks and closes beyond its current range. A close above 25,250–25,300 could signal a bullish breakout toward 25,350 and possibly 25,500. A close below 25,000 may lead to profit booking and decline, testing supports near 24,900 and 24,800. Technical indicators such as MACD and RSI show mixed signals: momentum is fading but not sharply bearish, provided support holds. The week’s alternating closes reflect “consolidation with an upward bias,” but without a clear catalyst, Nifty remains range-bound. Traders are advised to wait and watch, preferring buy-on-dips near support, avoiding aggressive trades until a decisive close beyond the current range occurs. In summary: Nifty is in a tug-of-war between resistance at 25,250 and support near 25,000. A breakout or breakdown will likely set the trend direction for upcoming sessions. Meanwhile, expect range-bound movement and trade cautiously.