22nd July 2024 | Nifty Tgt 25000 Buy on Dip | Budget Week-High Volatile

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NIFTY Prediction

Nifty fell on Friday due to weak global cues and U.S.-China trade fears. Despite opening at record highs, it quickly declined and saw significant losses, ending a four-session rally. The index opened 52 points higher, peaked at 24,854, then dropped over 100 points. Resistance is at 25,000-25,500, and support is at 24,600-24,400.

BANK NIFTY Prediction

Banknifty is currently trending downwards. If you have short positions, continue to hold them with a daily closing stop loss at 52,757. The resistance levels are 52,800-53,500, and the support levels are 52,000-51,300.

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