Friday, 1 August 2025

NIFTY MONTHLY ANALYSIS AUGUST 2025 @ 24764

LTP: 24766

Supports: 24473/24377

Resistances: 24955/25021/25670




If 24377 holds support and a break of 24955,  I expect to see 25555 first and further 26540, 27Km 27400, 700, 28500.

Break below 24377, we can see more downside towards, 24100, 23400, 23500, 22900.


As of now the market is trading in a range between 24350-25670. Need a break of these levels for trending move.


But, as per seasonality, I am still bullish for 27K+ in the coming months. And I am BULLISH. Buy on Dips is my view.


https://in.tradingview.com/chart/NIFTY/1tNo84Bc-NIFTY-MONTHLY-ANALYSIS-AUGUST-2025-24764/


Thanks.

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