Nifty August 3rd Week AnalysisNifty 50 IndexNSE:NIFTYIshanMathur05Nifty is looking positive, but there's uncertainty whether it will be able to hold on to the upside. We can expect momentum up to 25000, but for that, it must sustain above 24730-800. Otherwise, we can expect a sell-off on a rise. On the downside, Nifty has been defending 24350 for the last 2 weeks, and therefore, it is a strong support zone now, and no major downside is expected until Nifty breaches 24350.