Nifty and Financial institution Nifty Prediction for the week 01 Jul’24 to 05 Jul’24 by BL GURU

Nifty has seen a robust rise final week. The #outlook is bullish and there’s room for the #Nifty to maneuver up additional within the coming weeks. Nevertheless, essential #resistances are additionally coming which may halt the present #rally. We count on the #Nifty to run right into a correction after some extra rise from present ranges.

#Nifty has help at 23,800-23,700. #Nifty can rise to 24,450 and 24,600. However thereafter we are able to get a corrective fall to 23,500 and even decrease.

#NiftyBank index has help at 52,150. If that holds, #niftybankindex can see an increase to 54,000-54,500 within the coming weeks. In case the #niftybank index declines beneath 52,150, it may possibly fall to 51,000.

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