Nifty formed a long bear candle, indicating a continuation of the downtrend. The positive chart pattern has been negated by Nifty moving below the 24,753 support level. The underlying trend remains negative, with support at 24,500-24,400.
Bearish sentiment intensifying, Nifty support at 23K: Rupak De
Nifty faces bearish sentiment, with support at 23,000, and Bank Nifty potentially drifting toward 48,000. TCS shows positive momentum post-results, while midcaps may see further
January 12, 2025