Tech View: Nifty faces crucial resistance at 23,500; breakout needed to negate bearish sentiment. How to trade on Friday

January 23, 2025

Hardik Matalia of Choice Broking warns that if the Nifty breaks below the crucial 23,000 support level, it could fall further to 22,500. To negate the current bearish sentiment, the index needs a decisive close above 23,500. Key resistance levels to watch are 23,300 and 23,500.

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