“Below 21,725/72,000, the weak sentiment is likely to continue. Below the same, the market could retest the level of 21,500/71,100. Further down side may also continue, which could drag the index till 21,435/70,850,” said Shrikant Chouhan of Kotak Securities
Nifty rally not sustainable on few big names, broader participation essential: Rahul Ghose of Hedged.in
The December weekly closing formed a neutral candle, reflecting indecisiveness in the market due to the holiday season. Short-term support is around 23,200–23,300, with potential
December 29, 2024