Can NIFTY 50 Continue Its Recovery Above 24,000?
NIFTY 50 has started the week on a positive note by forming two consecutive bullish windows. The index has also moved above a downward-sloping channel, indicating improving momentum and renewed buying interest.
Technical Outlook
The recent breakout above the falling channel suggests that market sentiment has improved.
Key Levels:
- Support Zone: 24,000–24,100
- Immediate Resistance: 24,400
