The Nifty 50 index experienced a rally of more than one percent on November 25, reaching the upper band of the Bollinger Bands, which indicates a positive trend.
Despite the possibility of some volatility during the upcoming F&O expiry week, market analysts remain optimistic about the overall outlook. Experts anticipate that the index will likely aim for the 24,400-24,500 range in the near future, with key support levels identified at 24,000 and a further support zone between 23,950 and 23,850.
It is advised for investors to closely monitor these levels as they navigate potential trading opportunities in the current market environment.