Dalal Street Week Ahead: Nifty stuck in consolidation zone; 23,800 remains key breakout hurdle

May 30, 2026

Markets experienced volatility and ended the week with a modest loss, primarily due to MSCI rebalancing flows. Nifty consolidated within a range, with immediate resistance at 23,800 and support at 23,300-23,400. Traders are advised to maintain a selective approach and protect gains.

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