Domestic markets closed lower despite the RBI hinting at a rate cut. TCS is showing strong technical resilience and poised for an upward reversal, making it a ‘buy on dips’ candidate. Natco Pharma is in a healthy consolidation phase with potential targets of Rs 1,650–1,720.
Tech view: Nifty crucial support at 24,690, forms big red candle. How to trade tomorrow
If Nifty stays below 24,690, it may fall further to 24,500–24,400 levels. On the upside, immediate resistance is at 25,000, with the 21-day Exponential Moving