NIFTY concluded the week on an encouraging note, despite largely remaining range-bound for most of the period. The index began the week on a weak footing, but buyers responded decisively, recouping almost all the early losses. This pattern of buying emerging at lower levels persisted through the week, resulting in repeated recoveries even as prices remained confined within a narrow trading range. However, on the final trading session, bulls finally asserted control, triggering a decisive breakout above the preceding seven-day consolidation range. The strong finish helped NIFTY wrap up the week at 24362, registering gains of 0.53% and improving the overall short-term technical sentiment.
Daily_Technical_Report_20.07.2026
Published on 20th July 2026
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