JULY2026TDXLevels

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JULY 2026 TDX LevelsNifty 50 IndexNSE:NIFTYnakunaJuly 2026 TDX Levels Please find attached the TDX analysis for July. The Nifty appears to be approaching potentially turbulent times. Firstly, the 200-day moving average is located at 24,420. Secondly, the upper boundary of the regression channel is nearby. Thirdly, the wave structure remains corrective. However, the short-term trend currently remains bullish. Given these conditions, it is advisable to exercise caution by booking profits and shifting your focus to stocks that have NOT participated in the recent rally over the past six months, especially those displaying consolidation patterns and now entering a bullish phase. If the market encounters resistance and begins to decline, the next support level is at 23,620. Please consider the 200-day moving average as a key pivot point. Upside target: 25,120. Downside support: 23,620. In the meantime, please utilize these levels to guide your short-term trading decisions. Thank you for your attention.