The Nifty 50 closed flat on July 28 amid monthly F&O expiry, forming a small bullish candle. Key resistance lies at 24,050-24,300, with support at 23,900-23,800. Cooling VIX and falling oil prices, due to West Asia de-escalation hopes, suggest easing bearish momentum. A decisive move above 24,050 is needed to confirm an uptrend.
Nifty Faces Resistance at 24,050; Support at 23,900
Source: Moneycontrol
Read the live feed on ZapIndies