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 still maintain hope for upside toward 24,126 (immediate resistance), followed by 24,300-24,400, however, falling decisively below it can bring bears back in action.