Bull trap or trend reversal? Rupak De breaks down Nifty’s 24,500 congestion zone

Posted 1 hour ago by

Economic Times

Indian equity markets are at a crucial juncture, with the Nifty hovering around 24,500, facing strong resistance. Analysts warn of a potential correction if the index fails to breach 24,750 soon. While some stocks like CG Power and MM show resilience, the Bank Nifty's momentum is fading. Traders are advised to watch for dips in Vedanta and Firstsource.