Economic TimesLean R·
Nifty ready for 24,500-24,750 levels after breakout rally: Analysts
The Nifty enters the new trading week with momentum on its side after outperforming most Asian peers on Friday and breaking out of its recent consolidation range. Analysts expect the rally to extend towards 24,500-24,750, with some seeing the potential for 25,000, although they believe the index must first overcome resistance around the 24,350-24,600 zone. The index closed at 24,334 on Friday.NAGARAJ SHETTI SENIOR TECHNICAL RESEARCH ANALYST, HDFC SECURITIESTrading Strategies One may look to buy…
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