Nifty analysis: Nifty likely to advance towards 25,200-25,800: Analysts
Nifty is expected to extend its upward trajectory in the near term supported by easing geopolitical worries, strong FII inflows, and broadbased participation across sectors. Technically, the next upside targets range between 25,200 and 25,800, provided it sustains above the 24,800 support zone. However, a breakdown below this level could pull the index back toward 24,200. Market breadth remains healthy, with midcap and smallcap indices outperforming, indicating rising risk appetite. Overall, the near-term structure for Nifty remains bullish, with any dips likely to be viewed as buying opportunities.
PRITESH MEHTA
EXECUTIVE VICE PRESIDENT – RESEARCH, YES SECURITIES
Where is the Nifty headed this week?
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