Trading Plan: Can Nifty 50 hold Monday’s low, Bank Nifty sustain above 58,000 amid consolidation?
The 24,000 is likely to remain an immediate and key support level. As long as the Nifty 50 holds above this level, the possibility of an upmove towards 24,200-24,400 cannot be ruled out. However, a break below 24,000 could drag index down to 23,800.