The Nifty index remains strong, holding above the critical 23,000 support level. A breakout above 24,000 could trigger renewed buying momentum, potentially pushing the index toward 24,800. Investors are advised to follow a “buy on dips” approach as long as Nifty stays within the 23,000-22,700 support zone.
Market sentiment remains bullish, with traders closely watching resistance levels for confirmation of the next rally. A decisive move beyond key resistance could fuel further gains, keeping the uptrend intact.
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