The underlying trend of Nifty continues to be positive. A sustainable move above 24000-24100 levels could pull Nifty towards another Fibonacci extension resistance of around 24380-24400 levels in the near term.
Manishi Raychaudhuri on factors that will dictate the market in next few months
If one looks at the undervalued pockets, at least the sectors which are fundamentally good over the long term, but have underperformed in the near