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Daily_Technical_Report_13.07.2026

Published on 13th July 2026
Technology

NIFTY concluded a highly volatile week of trade, as both bulls and bears battled intensely for control. The week began on an encouraging note, with buyers maintaining the upper hand and pushing prices higher during the first two trading sessions. However, as the index approached the prior swing highs near the 24500 mark, selling pressure resurfaced, resulting in a sharp correction of nearly 700 points from the week's high, with the bulk of the decline occurring on Wednesday. Thereafter, buyers staged a strong comeback, recouping nearly half of the losses suffered earlier in the week. As a result, the index managed to end the week on a mixed but resilient note, settling at the 24206 mark and registering gains of 1.02%.

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