Technical View: Bearish Belt Hold pattern signals weakness; Nifty may fall toward 24,700 as key averages break

Monthly options data suggests that the Nifty is expected to trade in a broad range of 24,500–25,500, with the near-term range likely between 24,600–25,200.

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    RPSG VENTURE LTD   CMP  996
🟢POTENTIAL - 1111 /1222+
🟢TIMEFRAME - 1MONTH
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☑️ ASCENDING TRIANGLE PATTERN DETECTED
☑️RSI NEAR 60
☑️VOLUME SPURTS SOON
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DISCLAIMER:
🔻🔻🔻🔻🔻
CHARTS & LEVELS ARE ONLY FOR EDUCATIONAL PURPOSE AND IT'S OUR OBSERVATION ONLY NOT ANY BUY/SELL RECOMMENDATION.✅✅

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    MRPL LTD   CMP  140
🟢POTENTIAL - 150 /160+
🟢TIMEFRAME - 1MONTH
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☑️ ASCENDING TRIANGLE PATTERN DETECTED
☑️RSI NEAR 60
☑️VOLUME SPURTS SOON
..................................................................
DISCLAIMER:
🔻🔻🔻🔻🔻
CHARTS & LEVELS ARE ONLY FOR EDUCATIONAL PURPOSE AND IT'S OUR OBSERVATION ONLY NOT ANY BUY/SELL RECOMMENDATION.✅✅

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Vijaya cmp 1070
UPSIDE POSSIBLE - 1150/1222+
TIMEFRAME - 1 MONTH

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Sensex down 200 pts, Nifty below 24,800 as TCS, Kotak Mahindra Bank lead losses

India VIX, also known as the barometer to assess market anxiety, rose almost 5 percent to inch towards level 12.