23rd July 2024 | Nifty Tgt 25000 Buy on Dip | Budget Day-High Volatile

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NIFTY Prediction

NIFTY formed a doji-like pattern after rebounding from early morning weakness but still closed slightly negative. The Union Budget presentation on July 23 is expected to cause significant intraday volatility. Resistance is projected at 25,000-25,500, while support is estimated at 24,300-24,000.

BANK NIFTY Prediction

Bank NIFTY is currently trending negatively. If you have short positions, it is advisable to maintain them with a daily closing stop-loss at 52,745. The resistance levels are at 52,800-53,500, and the support levels are at 52,000-51,000.

Breakout Stock for Trading (Future, Option & Swing Trading) with Last Day Breakout


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