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Tech View: Support at 23,000–23,100 zone remains critical for Nifty Bulls
Nifty is trading range-bound with a bearish bias below 23,500–23,860 resistance, while 23,000–23,100 acts as crucial support. Analysts suggest a move above 23,500 could revive buying, with a breakout above 23,860 strengthening the bullish case. Selling persisted, with RSI showing a bearish crossover and call writers outnumbering put writers.
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economictimes.indiatimes.com
Dalal Street Week Ahead: Will Nifty hold 23,000 as markets test key support?
The markets ended lower this week, with Nifty trading below its 50 and 100-week moving averages. While a crucial support zone near 23,000-23,100 is being defended, a sustained…
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Tech View: Support at 23,000–23,100 zone remains critical for Nifty Bulls
Nifty is trading range-bound with a bearish bias below 23,500–23,860 resistance, while 23,000–23,100 acts as crucial support. Analysts suggest a move above 23,500 could revive…
