Nifty has a bit of momentum, but faces resistance at 24,300-24,700

April 20, 2026

Dalal Street’s recent rebound is gaining strength. Technical signals indicate a shift from a corrective phase to a sustained uptrend. Improving momentum and selective buying are supporting this move. However, the market faces crucial resistance zones. Analysts are watching closely to see if the recovery can overcome these challenges and establish a firm upward trajectory.

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