---
title: 'Will Nifty Hit New Highs? What''s Next for Bank Nifty? Review Preview'
source: 'https://youtube.com/watch?v=QnqzVKDVhIY'
video_id: 'QnqzVKDVhIY'
date: 2026-07-24
duration_sec: 726
channel: 'Trade Achievers'
---

# Will Nifty Hit New Highs? What's Next for Bank Nifty? Review Preview

> Source: [Will Nifty Hit New Highs? What's Next for Bank Nifty? Review Preview](https://youtube.com/watch?v=QnqzVKDVhIY)

## Summary

The video provides a technical analysis of the Nifty and Bank Nifty indices, identifying key support and resistance levels, market patterns, and institutional activity. The speaker discusses potential price targets and market sentiment based on chart patterns.

### Key Points

- **Market Overview** [00:14] — Nifty is around 24,250-24,500 with a resistance channel forming tops and bottoms.
- **Key Resistance Level** [01:37] — 24,000 is a strong level of resistance.
- **Recovery and Targets** [02:06] — Nifty likely to recover and target 24,500-600, 26,000, and 26,750.
- **Support Levels** [03:16] — 24,000 is strong support; downside to 23,700 (minor support) and 22,400.
- **Institutional Accumulation** [05:03] — Institutions have started to accumulate.
- **Market Dependency on News** [06:01] — Markets are moving based on news rather than technicals.
- **Flag Pattern and Levels** [06:21] — Flag pattern: support at 23,700, break to 22,400; resistance at 24,500, break to 26,750.
- **Resistance Retest** [09:01] — Market retesting previous line of resistance.
- **Institutional Selling** [09:22] — Large number of institutions are selling.
- **Bank Nifty Target** [10:46] — Bank Nifty around 58,500; break above expects minimum 60,000.
- **Bank Nifty Support** [11:02] — Support range 57,000 to 58,500; break below 57,000 leads to 55,000.

### Conclusion

The analysis suggests Nifty has strong resistance at 24,000 and support at 23,700, with potential upside to 26,750. Bank Nifty shows resistance around 58,500 and support at 57,000, with a break above targeting 60,000.

## Transcript

Hi there guys, welcome back. This is founder and CEO of trade achievers. So
market this is gifty mostly add add 24,250 50 market
resistance channel form tops and bottoms. So channel.
So 2400 strong level of resistance strong level of resistance 2400
recover Most probably Nifty next
around 24,500 to 600 26,000 and 26,750.
and 26,750. So next level
of resistance possibilities
24,000 level strong level of support. So 24,000 downside 23,700. So in the level it will be acting as So in the level it will be acting as your minor not major but minor support.
your minor not major but minor support. So
around 22,400. So support
it shows institution have already started to accumulate
We are depending upon the news to move the markets. the markets. markets.
flag pattern market support 23700 break 22400 and resistance one will be 24500 22400 and resistance one will be 24500 break 26 and resistance R3 will be 26 break 26 and resistance R3 will be 26 750. So
Bangalore and Malaysia branches So every Monday
case you can go and join our classes. you can go and join our classes. We do have online classes as well.
They'll give you all the details and Weekend classes for job
they'll give you all the details Next bank
market previous line of resistance retest.
So large number of institutions.
for sell. Cluster of institutional.
around 58,500 range. So in the 58,500 range break immediately we are going to expect minimum 60. So 60,000
57,000 to 58,500 or 1,500 points or 1,500 points once break,000
which is our previous major support. So, Bank Nifty
useful and thank you very much for talking. Take care.