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Bloomberg Quint

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Image Credit: Bloomberg Quint

Trade Setup For July 14: Nifty Support Moves To 24,900-25,100 Post Three Straight Days Of Decline

  • The NSE Nifty 50's key positional support is placed at 24,900-25,100 according to analysts from Bajaj Broking Research.
  • The index is expected to move higher towards the 25,500–25,600 range in the coming week.
  • Market sentiment is weak as Nifty slipped below the 20-day simple moving average zone, potentially dragging it down to 24,800-24,650.
  • The Bank Nifty finds support at 56,000-55,500 and is seen consolidating in the range 56,500-57,600.

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