2026-08-24 09:16:34 am | Source: Geojit Investments Limited
Nifty Outlook : Asia gains; Indian markets to follow by Geojit Investments Limited
Nifty Outlook
Weekly Hammer candle formed in Nifty, reinforces the strength of key support levels and keeps the reversal setup intact. The index remains poised to extend its recovery towards 24,317- 24,380, followed by 24,400-24,545 in the near term. The bias remains positive as long as the 24,060-24,000 support zone is defended. However, Nifty VIX may gain some traction ahead of the F&O expiry tomorrow, leading to higher volatility.
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