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  5. NIFTY and BANK NIFTY expiry trade setup: Key levels to watch

Market News

NIFTY and BANK NIFTY expiry trade setup: Key levels to watch

Gauri Singh
By Gauri Singh

3m 22s | Updated on July 25, 2024, 09:10 IST

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SUMMARY

Let's dive into the trade setup for NIFTY and BANK NIFTY as we approach today's expiry.

NIFTY has digested all the budget news and outcomes, trading in a narrow range yesterday. Despite the negatives being priced in, NIFTY is still protecting its 20-day moving average. BANK NIFTY showed weakness on expiry day with selling pressure in all banking stocks. Despite breaching crucial supports, it managed to protect them on a closing basis.

About The Author

Gauri Singh
Gauri Singh is an anchor and journalist with over a decade of experience, currently covering business, finance and general news. Beyond her professional pursuits as a storyteller, she is a cricket fan, loves travelling and is a dedicated yoga practitioner.

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