MediumPositive
Announced Mon, 20 Jul · 06:14 IST

Nifty ready for 24,500-24,750 levels after breakout rally: Analysts

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Several technical analysts are bullish on Nifty, projecting upside targets of 24,500-24,750 on a decisive breakout above the 24,350-24,400 resistance zone, with downside risk below 23,800. Top stock picks include Bajaj Finance with a target of Rs 1,115, ABB India targeting Rs 8,180, and Endurance Technologies with a Rs 3,100 target over 90 days. Bank Nifty July futures are seen heading to 59,600 by July 28 expiry, with key support placed at 24,000 on the Nifty.