Tech view: Breakdown below 24,400 may open doors for 24k in Nifty. How to trade tomorrow

October 22, 2024

A long bear candle has been formed on the daily chart, indicating a decisive downside breakout of 24,600-24,500 levels. Nifty is currently weakening after forming a new lower top around 25230 levels. Another crucial weekly cluster support around 24,500 is placed on the verge of a downside breakout.

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