F&O Radar: Deploy Bull Call Spread in Nifty to benefit from sideways to positive outlook

The Nifty index stabilized within a 24,800 to 25,000 range over the last three days, forming a symmetrical triangle pattern. It concluded July with a 3% increase, driven by the Union Budget and FII buying. Analysts expect this momentum to persist, predicting targets above 25,000 and immediate support at 24,900.