Trade setup for August 1: Top 15 things to know before the opening bells
As long as the Nifty 50 trades below the 20-day and 50-day EMAs, consolidation may continue, with 24,600 (which coincides with the 100-day EMA) acting as strong support. On the higher side, 25,000 is seen as a crucial resistance zone—only a decisive move above it may turn the trend favourable for the bulls, according to experts.
