Nifty Prediction Today – March 19, 2025: Crucial resistance ahead. Stay out of the market

Nifty 50 March Futures (22,962)

Nifty 50 is continuing to move up. It is sustaining higher after breaking above 22,700 on Tuesday. The index is currently trading at 22,900, up 0.3 per cent. The advances/declines ratio is at 31:19. This is positive.

Nifty 50 Outlook

The outlook is bullish. Cluster of supports are there in the 22,770-22,700 region. Nifty can rise to 23,000-23,100 from here. Failure to breach 23,100 can trigger a fall back move to 22,900-22,800 again.

A strong break above 23,100 will be boost the bullish momentum. It will then clear the way for a rally to 23,500 over the next one-two weeks.

Nifty 50 Futures

The Nifty 50 March Futures (22,962) is up 0.3 per cent. The contract can rise to 23,000-23,050 during the day. This 23,000-23,050 is a strong resistance zone. So, the price action in this zone will need a close watch.

A downward reversal from the 23,000-23,050 region can take the Nifty 50 March Futures contract down to 22,850-22,800 again.

But a strong break above 23,050 will boost the momentum. Such a break can take the contract up to 23,300-23,400 thereafter.

Trade Strategy

Since a crucial resistance is coming up, we suggest traders to stay out of the market today.

Supports: 22,800, 22,750

Resistances: 23,050, 23,300