FinanceMoneycontrol
Technical View: Nifty 50 likely to stay range-bound below 24,400; Bank Nifty holds 20-day EMA, signalling...
in5points
Nifty 50 is expected to trade range-bound below the 24,400 level.
Nifty needs to reclaim and sustain above the 24,350-24,400 zone for an upmove towards 24,800-25,000.
Immediate support for Nifty is at 24,200, with key support at 24,000.
Bank Nifty is holding its 20-day EMA, indicating the short-term bullish trend remains intact.
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