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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