Economic TimesLean R·
Analysts back buy-on-dips strategy as Nifty eyes 24,300–24,600
Analysts remain positive on Nifty’s direction and continue to recommend a buy-on-dips strategy. They see the index moving towards the 24,300– 24,600 zone as long as it stays above the key support level of 23,800.SOMIL MEHTA HEAD OF RETAIL RESEARCH, MIRAE ASSET SHAREKHANTrading Strategy: NIFTY: In the short term, Nifty remains range-bound, with 24,500–24,600 acting as the resistance zone and 23,800 as the key support. Traders may consider fresh long positions above 24,255, keeping a stop loss at…
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