Nifty eyes 24,500-24,800 in July as crude cools and FII selling slows; buy the dip towards 23,600–23,800: Dharmesh Shah

ICICI Direct's Dharmesh Shah expects Nifty to consolidate in the 23,800-24,200 range before climbing toward 24,500-24,800 in July, with 24,200 flagged as key resistance and 23,600-23,800 as an attractive buy-on-dip zone. He cited cooling crude oil around $70, correcting bond yields, and easing FII selling pressure as supportive macro tailwinds. Bank Nifty heavyweights including HDFC Bank, Kotak Bank, Axis Bank, and SBI are showing improved technical setups heading into the coming week.