Technical View: Will 24,000 be the make-or-break level for Nifty 50? Bank Nifty’s fall below short-term moving averages signals weakness
If the Nifty 50 sustains below the 24,000 level, selling pressure could intensify toward the crucial support zone of 23,800-23,780, according to experts. However, a rebound above this level could lift the index toward the 24,100-24,200 range. The Nifty 50 remained under selling pressure throughout the session and closed 0.8 percent lower on July…