By Debdeep Gupta | 20 Jan, 2025
Trading Plan: Can Nifty defend 23,200, Bank Nifty manage to hold 48,500?
The Nifty 50 and Bank Nifty both snapped a three-day winning streak and formed a bearish candlestick pattern on the daily charts, closing below all key moving averages last Friday. This indicates weakness. According to experts, the Nifty 50 is likely to remain in the range of 23,000-23,400 in the near term. A break below 23,000 could drag it down to the 22,800 level, while a decisive climb above 2...
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