Nifty and Financial institution Nifty Prediction for the week 15 Jul’24 to 19 Jul’24 by BL GURU

Nifty is managing to maintain greater and continues to maneuver up. The near-term #outlook is #bullish and there’s room for the #Nifty50 to go up within the short-term. However we insist that key resistances are additionally developing which may halt the present upmove and set off a correction.

#Nifty has #helps at 24,200 and 24,000. #nifty50 can rise to 24,800 and 24,850. After this rise, a #correction to 24,000 is a risk.

#NiftyBank index has help at 52,000. A break beneath this help can take the #niftybankindex right down to 51,500 and 51,000. #NiftyBank index has to get a sustained break above 53,000 to develop into #bullish for an increase to 54,500 and 55,000.

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