Nifty Prediction for the week July 17 – 21, 2023 by BL GURU

fter being in a sideways vary for many a part of the week, Nifty moved up properly on Friday and has closed on a robust observe. The outlook stays bullish. Any dip can be short-lived as sturdy helps can be found to restrict the draw back. As such, we count on Nifty has room to rise additional within the coming weeks.

Financial institution Nifty has dipped final week. Nevertheless, the tempo of fall is sluggish, and helps are arising. So, we will count on the Financial institution Nifty index to reverse greater within the coming days.

Total, the outlook continues to stay bullish. Nifty has resistance at 19,650. A break above it will probably take the Nifty as much as 19,800. Helps are at 19,420 and 19,360

Nifty Financial institution index has good helps at 44,400 and 44,280. We are able to count on the index reverse greater from both of those helps and rise to 46,000.

Dow Jones in caught in between 33,600 and 34,600. The bias is bullish. We count on the Dow Jones to interrupt 34,600 and rise to 35,500 within the coming weeks.