The Nifty extended its losing streak for the sixth consecutive week, closing down 0.82%. Trading occurred in a narrow range, indicating muted volatility. Resistance is noted around 25,650, while support lies at 24,200. A cautious approach is advised, with traders recommended to avoid aggressive long positions until a breakout above the 25,000-25,100 zone.
Weekly Market Outlook: Nifty shows bearish signals; stay defensive amid resistance near 25,650
by ET Markets | August 10, 2025 7:03 pm | Indian Stocks, Market, News