Nifty takes a breather as bulls and bears watch the next move: Analysts
After racing ahead by more than 1,000 points, Nifty has hit a pause. The index is now testing key support and resistance levels, with experts split between buying dips and selling rallies as traders look for the next decisive move.SOMIL MEHTAHEAD OF RETAIL RESEARCH, MIRAE ASSET SHAREKHANTrading StrategyThe Nifty rally is now cooling off after that sharp run, which is fairly normal after a move of that size. The index is still holding above its key daily moving averages — the 20DMA at 24,323 and…
