Nifty is holding well above its support. The nifty bank index is stuck inside a range. Both are in line with our expectation. Overall, the bias remains positive. We expect the Nifty to break its resistance and go higher. The Nifty Bank index can also make a bullish breakout of its range and rise in the coming weeks.

Nifty can rise to 24,750-24,850 on a break above 24,250. Support is around 23,800

The Nifty bank index can make a bullish breakout of its 56,500-58,800 range and rise to 60,500-61,500.

Published on June 27, 2026