Nifty Outlook :- 28.07.2025 - CFA Hitesh Somani

 CFA Hitesh Somani

MD - Aapka Investments 
Website - https://www.aapkainvestments.in

Markets were on the weaker side in the last week. Will we see this weakness in the coming weeks also.

In last two weeks we saw a continuous fall in the markets, Nifty fell almost more than 600 points in the last 2-3 weeks creating a negative sentiment in the markets. But Nifty is finding a support at 24800 levels, if nifty continues to find support at these levels then we may see the worse is over. And if it closes above 25200 in the coming days then it may move towards new high but in case nifty closes below 24800 for 2 days then we may see the markets to fall further to 24600 and 24400 levels.

Banknifty also traded weak in the last 2 weeks and on Friday banknifty fell more than 500 points to close below 56550 levels. But if we compare banknifty with nifty, banknifty is in a better and stronger position, if in the next week markets find the supports and bounce back, banknifty will rise more than nifty. If banknifty closes above 57000 then we may see it towards 57500 and 58000 levels soon.

Important Levels for Nifty Next Week

• Major Support Levels for Nifty
• Support 1 – 24600
• Support 2 – 24400     
• Support 3 – 24200 

• Major Resistance Levels for Nifty
• Resistance 1 – 25000
• Resistance 2 – 25200
• Resistance 3 – 25400

Important Levels for Banknifty Next Week

• Major Support Levels for Banknifty
• Support 1 – 56200
• Support 2 – 55700
• Support 3 – 55200 

• Major Resistance Levels for Banknifty
• Resistance 1 – 56700
• Resistance 2 – 57400
• Resistance 3 – 58000

Important Stocks to Watch Next Week

1) ZYDUSLIFE

CMP @ 976
Buy Above @ 985
Stop Loss @ 950
Targets @ 1000, 1050 and 1090

2) SUPREMEIND

CMP @ 4310
Buy Above @ 4345
Stop Loss @ 4050
Targets @ 4450, 4580 and 4700 

3) UNOMINDA

CMP @ 1085
Buy Above @ 1090
Stop Loss @ 1040
Targets @ 1140, 1200 and 1250