Trade Setup for May 21: Top 15 things to know before the opening bell
If the Nifty 50 extends its recovery, the 23,800 zone is expected to act as a key resistance area. A convincing move above this level can open the door for 23,900–24,000, which remains a crucial hurdle. However, sustaining below 23,800 may keep the market in a consolidative mode, with 23,400 acting as key support, according to experts.