By Debdeep Gupta | 05 Dec, 2024
Trading Plan: Can Nifty consolidate around 24,500 ahead of RBI interest rate decision, Bank Nifty hold 53,000?
Nifty Trading StrategyAfter a rally in the previous three consecutive sessions, the Nifty 50 witnessed consolidation on December 5, ending flat with a positive bias. As long as the index holds above the 24,350 zone, the upward trend, barring intermittent consolidation, remains intact, with the first target at 24,550, followed by the key target zone of 24,700-24,800. However, if it falls below 24,3...
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