Nifty making new highs. Will Nifty hit 24k in the month of July?

Today Nifty has broken out a consolidation range and has closed above the range. Due to the same there are 2 possibilities

1. Gap up and continue to the upside the next day

2. Retrace back to an area of support or demand level on the price chart. It will be interesting to see if price pulls back to the 15 mins demand zone for a continuation move to the upside