29th July 2024 | Nifty Tgt 25100 weak below 24800

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NIFTY Prediction

Nifty has broken out of a downward consolidation on the daily chart, indicating increased optimism. A significant green candle following several minor ones points to a bullish trend. As long as it remains above 24,500, the trend is likely to stay positive. Resistance levels are between 25,000 and 25,500, while support is between 24,500 and 24,000.

BANK NIFTY Prediction

Bank Nifty has formed an outside day pattern, suggesting potential price expansion. In the short term, this might lead to a bullish reversal. Resistance is anticipated between 52,000 and 52,600, while support is found between 50,500 and 49,500.

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

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