Nifty formed a small negative candle, indicating continued narrow range movement. The underlying trend remains choppy. Support at 24,920 and 24,750. Resistance at 25,000-050 and 25,250-275. Bears are in control, using pullback rallies to create short positions.
This has come very close to 200-day exponential moving average. If that gets broken below 12,000, more weakness can come in in this stock as
So, headline numbers tend to kind of mask a bit of the underlying churn that is going on in the segment, that is one. And
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