📈 Technical Analysis Outlook: July 2, 2026
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Support Levels:
Immediate Support: 23,950. This zone must hold to sustain the current bullish structure.
Critical Floor: 23,800. A key area reinforced by strong congestion boundaries that absorbed recent selling pressure.
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Resistance Levels:
Immediate Hurdle: 24,150. A vital intraday roadblock; reclaiming this level is essential to trigger potential short covering.
Major Ceiling: 24,250 – 24,350. The primary target extension zone, provided the bulls maintain momentum through the afternoon session.
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--------------------------------------------------------
Support Levels:
Immediate Support: 23,950. This zone must hold to sustain the current bullish structure.
Critical Floor: 23,800. A key area reinforced by strong congestion boundaries that absorbed recent selling pressure.
--------------------------------------------------------------------------------------------------------------------
Resistance Levels:
Immediate Hurdle: 24,150. A vital intraday roadblock; reclaiming this level is essential to trigger potential short covering.
Major Ceiling: 24,250 – 24,350. The primary target extension zone, provided the bulls maintain momentum through the afternoon session.
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