BA - Nifty is going to touch 24800 level

Hello everyone,

Wanted to share my analysis regarding Nifty

I was looking at the chart and found that nifty will soon touch 24800 this week.

Also from there a bounce can come up as 24800-24750, these 50 points are good support zone according to Fibonacci


But if in case these levels are broken then we can may see good downside move.

Thanks.