Dharmesh Shah of ICICI Direct suggests a stock-specific approach amidst the ongoing earnings season, anticipating market consolidation until late July. Nifty is expected to find strong support between 24,700 and 24,500, with an immediate resistance at 25,300 and a potential target of 25,700. He recommends a buy-on-dip strategy, noting improved market breadth indicating a potential market pick-up post-earnings season.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets