Nifty’s daily chart on Tuesday formed a long bear candle, wiping out most of Friday’s gains. This market action signals a lack of strength to sustain the upward bounce. Nifty’s higher tops and bottoms pattern remains intact, with crucial support at 24,200-24,000; holding above this level could trigger an upside bounce.
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The analysis includes only those companies in which the investor holds more than a 1% stake and may not represent the entirety of the portfolio.
August 1, 2026