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) ...
This story was excerpted from Jordan Bastian’s Cubs Beat newsletter. To read the full newsletter, click here. And subscribe to get it regularly in your inbox.