Nifty JULY Final Week Analysis. (Monthly Expiry Week )Nifty 50 IndexNSE:NIFTYIshanMathur05Nifty closing at 23,767 is clearly not very positive. However, things can change quickly if global tensions ease and oil prices cool off. We also have a weekly expiry on Tuesday (28th July), which could trigger a decisive move.Considering all possible scenarios, we analyze both the bull and bear cases below: Bull Case: If Nifty is able to cross and sustain above 23,889, we can expect upside momentum to continue towards the resistance zone of 24,277–24,369. Bear Case: If Nifty breaches the support range of 23,693–23,565, we can expect a retracement up to 23,197. All key levels are marked on the chart posted.