Nifty 50 shows indecisiveness but maintains an overall positive trend, trading above its 20-day, 50-day, and 100-day EMAs with the daily RSI in bullish territory. A decisive breakout above the 24530–24550 resistance zone could trigger a rally towards 24700 and then 24850 in the short term. The 24300–24280 zone is crucial support; holding above it keeps the broader bullish undertone intact.
Nifty 50BullishCalled 08 Jul 2026Graded 01 Aug 2026