Indian equities in Monday’s trade (May 19, 2025) traded weak by a tad after hefty gains in the previous week with the Nifty50 testing 25,000 levels. Now as Nifty50 is just 5% away from all-time high hit in September last year, here’s Zee Business Anil Singhvi’s view on next Nifty50 targets.
Nifty’s next big targets according to Anil Singhvi
Anil Singhvi on the current nature of the markets said, “Markets are showing breakout on one day and trading tepid the next day.” He added that after a big breakout on Thursday, Indian equities traded on a moderate note in Friday’s session.
Nifty’s support and resistance levels
For now, Singhvi iterated that the support level for Nifty50 has been pushed higher to 24500-24675. First small resistance or target for the Nifty50 index is placed at 25,200-25,275, while above it targets are at 25625-25800- meaning gains of up to 3 per cent.
Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
