Asia · Regional markets · Moneycontrol
Technical View: Nifty 50 break below 25,000 may extend profit booking; Bearish Harami confirmation next week may intensify Bank Nifty selling
Detailed summary
In terms of key levels, a break below the 25,000 mark next week could extend profit booking in Nifty 50, while a decisive breach of the key support zone of 24,800–24,700 could accelerate selling pressure. On the upside, a move above the recent swing high of 25,425 could trigger a sharp rally.
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