Nifty 50 & Midcap Select: Check support, resistance and other details here

Quick Summary:

The Nifty 50 Index is on a bullish trajectory with key resistance at 25,050 and 25,336.

Despite this upward momentum, it is important to note that technical indicators are showing overbought conditions along with a negative divergence.

The trend reversal point at 24,070 is critical, with support levels for the week at 24,681, 24,550, and 24,464.

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Category: BusinessFinance

Markets: India

Topics: Markets NSE Nifty50 Nifty 50 Index lifetime high BSE Sensex Stock market technical analysis Trading strategy Share market Nifty Nifty Midcap index Stock market today Stock Calls Shares Nifty50 index Stock Call Stocks

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-29 @ 06:24:15 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 554 words

Reading Time: 4 minutes read

Sentences: 33 lines

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Copyright Owner: © Business Standard

News ID: 21814979

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