NIFTY kicked off the new trading week on a strong note, surging past key resistance levels with ease. Following a significant gap-up opening, buyers maintained firm control during the first half of the session, steadily pushing the index higher and reinforcing the prevailing bullish momentum. However, a bout of profit booking in the second half threatened to erase a portion of the early gains. But the index witnessed a sharp surge towards the fag end of the session, largely aided by the implementation of the new settlement procedure, which propelled prices higher. As a result, NIFTY ended the day near its highs at 24774, registering gains of 1.30%.
Daily_Technical_Report040826
Published on 4th August 2026Related Post
Daily_Technical_Report_190826
Sellers continued to dominate proceedings on NIFTY, with the ongoing losing strea…
Daily_Technical_Report_180826
The new week began on a despondent note, with NIFTY extending its decline for the…
Weekly_Technical_Report_100826
It was a mixed week of trade for NIFTY, as pri…
Daily_Technical_Report_10_08_26
It was a mixed week of trade for NIFTY, as pri…
Daily_Technical_Report_190826
Sellers continued to dominate proceedings on NIFTY, with the ongoing losing strea…
Daily_Technical_Report_180826
The new week began on a despondent note, with NIFTY extending its decline for the…
Weekly_Technical_Report_100826
It was a mixed week of trade for NIFTY, as pri…
Daily_Technical_Report_10_08_26
It was a mixed week of trade for NIFTY, as pri…
Daily_Technical_Report_190826
Sellers continued to dominate proceedings on NIFTY, with the ongoing losing strea…
Daily_Technical_Report_180826
The new week began on a despondent note, with NIFTY extending its decline for the…
Weekly_Technical_Report_100826
It was a mixed week of trade for NIFTY, as pri…
Daily_Technical_Report_10_08_26
It was a mixed week of trade for NIFTY, as pri…


