Trading Plan: Will Nifty 50, Bank Nifty see mild profit booking amid consolidation on F&O expiry day after Monday’s rally?
Overall trend remains positive as long as the Nifty 50 defends 23,850 support amid consolidation. Holding above 23,850 can keep hopes alive for an upside toward 24,126 (immediate resistance), followed by the 24,300–24,400 zone. However, a decisive fall below this level could bring the bears back into action.