Tech View: Nifty bulls eye Mt 25K as support shifts higher; here’s how to trade on Friday

July 18, 2024

According to Nagaraj Shetti of HDFC Securities, the Nifty index is approaching a significant resistance level at 24,960, calculated using a Fibonacci extension based on key market points from March to October 2023. This suggests that we may see increased volatility or consolidation around the 24,950-25,000 range in the near future.

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Tech View: Nifty eyes 24,050 as next target; support at 23,550 from put writing. How to trade on Thursday

Tech view: Rupak De of LKP Securities noted that the Nifty could move towards 24,050 in the near term, with support at 23,500, where maximum

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