NIFTY Levels for July 31, 2026:Nifty 50 IndexNSE:NIFTYpaashuTechnical Analysis Report: Nifty 50 Outlook for July 31, 2026 Support Levels: Immediate Support: 24,150. This level aligns with the 20-day Daily Moving Average (DMA) and serves as the primary floor for current price action. Critical Floor: 23,950. A significant structural demand zone where the 50-DMA converges with historical consolidation blocks. Resistance Levels: Immediate Hurdle: 24,350 – 24,368. Represents Thursday’s intraday peak; a decisive breakout above this range is required to signal further bullish momentum. Major Ceiling: 24,500. A key supply zone heavily defended by concentrated Call Open Interest (OI).