Nifty November Series

Nifty November series

Nifty has entered a strategic buy zone, along with a triple bottom formation. Accumulation opportunities seen between 24,050 and 24,200. Anticipate a potential retracement rally with upward levels:

1. 24,787
2. 25,464
3. 25,829

Critical support levels to monitor are at 24,000 and 23,900. Should these levels breach, downside risk extends towards the 23,367 mark.

Note: This is just a view and not a trade recommendation.