The near-term technical outlook for Nifty 50 remains positive. A sustained breakout above the 24,400 resistance zone is required to confirm the next leg of recovery, potentially advancing towards 24,500 – 24,600. Key support levels are at 24,200 and the crucial 24,000 psychological mark, with momentum indicators like RSI supporting bullish momentum.
Nifty 50BullishCalled 06 Jul 2026Graded 01 Aug 2026
Verdict:MISS

Nifty 50 dropped to ₹23995.95 from ₹24430.35, a decline of ₹434.40.

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