From Demand to Glory: Nifty’s Bullish March to 25,220 Nifty 50 IndexNSE:NIFTYClearTradingMindNifty Bullish Outlook -Current Price: 24,905 (approx) - Key Demand Zone: 24,620 – 24,660 - Key Supply Zone: 25,200 – 25,240 Technical View - Strong Demand Bounce: Nifty reversed sharply from the demand zone (24,620–24,660), indicating strong buying interest. - Trend Breakout Potential: Price is approaching resistance near 24,920; a breakout could push towards the supply zone at 25,220 (target). - Momentum Structure: Higher lows formed after the demand zone test, showing bullish strength. News & Data Supporting Bullish Bias - India’s Q1 GDP Growth: The latest estimates show strong economic growth, supporting equity market sentiment. - FIIs Turning Buyers: Foreign Institutional Investors (FIIs) have been net buyers over the past few sessions, supporting index upside. - Global Market Tone: US and Asian equities are stable, and crude oil prices are moderating, supporting risk appetite. - RBI Policy Outlook: Market expects no immediate rate hikes, keeping liquidity positive for equities. Expectation If Nifty sustains above 24,900, we expect a bullish move towards 25,220 in the short term. Stop-loss: Below 24,780 (to manage risk).