If the Nifty 50 decisively surpasses and sustains above 200 DSMA, the rally towards 24,000-24,200 can be possible, but below 200 DEMA, the fall may extend up to 23,500 (the low of December 20).
Tesla (TSLA) displays a strong rounding bullish structure. Recent breakout and testing of the axis line. The critical pivot level: $447.3. A breakout above this level may signal a reversal. Tesla’s ...
As long as the Nifty 50 stays above this level amid likely consolidation, 24,050 (50% Fibonacci retracement) is the immediate hurdle, followed by 24,350 (which coincides with the 10, 20, and 100 DEMA) ...