F&O Talk | Nifty indicates bearish momentum, Bank Nifty still a ‘wait and watch’: Sudeep Shah of SBI Securities

December 28, 2024

The Nifty closed slightly higher on Friday, with muted trading volume. Support levels are at 23,550 and 23,200, while resistance lies at 24,000. The index is currently below its key moving averages, indicating bearish momentum.

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