Nifty breaks above 23,100, signalling upside momentum. How to trade on Thursday

January 29, 2025

Tech view: The bearish chart pattern of lower tops and bottoms remains intact on Nifty. However, a breakout above 23,350-23,400 could negate this trend and unlock further upside. Immediate support is at 23,000, said Nagaraj Shetti of HDFC Securities, highlighting key resistance and support levels that traders should watch for market direction.

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