NIFTY’s Rebound Falters: 24,510 Resists

Yesterday, NIFTY tested the 24,510 resistance level but was unable to sustain the momentum. As long as the index remains below this level, it suggests that the recent rebound may have peaked.” On downside The 24,100 level is a crucial support level. If this level is breached, a retest of the 23,800 and 23,600 levels could be on the cards in the coming days.” Given the current market conditions, high volatility is expected. It’s advisable to exercise caution in your trading decisions.”

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