Despite Friday’s recovery attempt, technical charts are painting a cautious picture for Nifty in the coming week. Anand James, Chief Market Strategist at Geojit Investments Limited, believes the recent sell-off isn’t over yet and expects the index to test the 24,060 level before any meaningful recovery takes hold.
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SBI Securities expects Nifty’s breakout to strengthen if it crosses 24,450, opening the door to 24,900. While small-caps continue outperforming, Bank Nifty retains a positive