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Bloomberg Quint

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Image Credit: Bloomberg Quint

Trade Setup For July 10: Nifty Faces Support At 25,300 Levels Amid Tariff Jitters

  • The Nifty 50 faced resistance at 25,300-25,200 levels amidst weak global cues related to fresh tariffs announced by US President Donald Trump.
  • The Nifty 50 formed a small bear candle with consolidation for the fourth consecutive session.
  • Analysts identified immediate resistance for Nifty at 25,600-25,800 levels and key support at 25,200–25,000 levels.
  • The Bank Nifty faced resistance at around 57,600 levels and is advised 'buy-on-dips' by brokerage.

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