Nifty charts hint at recovery, first challenge at 24,350: Anand James

October 28, 2024

Clearly, a sell on rise approach has been visible so far, since the descent from September peak, during which there was hardly any period which witnessed higher highs. Such has been the bearish momentum during this period and all eyes are now on the 200-day SMA at 23372, which is about 3% from current levels.

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