Going ahead, the Nifty 50 needs to surpass the 24,400 hurdle to trigger a rally toward the 24,500–24,600 zone. Until then, consolidation may continue, with immediate support placed at 24,200–24,100, followed by the key support level of 24,000, according to experts.
NIfty Trade Setup for July 6
Nifty needs to surpass 24,400 hurdle to trigger rally toward 24,500–24,600 zone
Until then, consolidation may continue, with immediate support at 24,200–24,100
Key support is seen at 24,000 as below it the index may enter into consolidation phase
Sunil Shankar Matkar
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