NIFTY Weekly Expiry Outlook -14 JulyNifty 50 IndexNSE:NIFTYvickshikWeak global market sentiment suggests that Nifty could open with a gap-down. Bullish Setup If Nifty reclaims 24,100 and sustains above this level on a 15-minute closing basis, it may rally towards 24,160–24,180. A strong breakout above this zone could extend the move to 24,220 and above. Bearish Setup If Nifty fails to hold the 24,020–24,000 support zone, it may decline towards 23,940–23,900. A decisive break below 23,900 could lead to further downside. My View With today being weekly expiry, volatility is expected to remain high throughout the session. While Gift Nifty points to a weak opening, the first hour is likely to determine the day's trend. I will wait for confirmation instead of predicting the direction, as expiry sessions often witness sharp reversals and short-covering rallies. Trading Suggestion Avoid taking trades immediately after the opening bell. Let the first 15–20 minutes pass and wait for a confirmed breakout or breakdown before entering. Trade with strict stop-losses, avoid chasing fast moves, and consider booking profits quickly, as option premiums can change rapidly on expiry day. Trade the trend, not your prediction. Capital protection comes first. Education purpose only and not financial advice.