Nifty bounced 250 points on domestic institutional investors (DII) buying but faces bearish pressure unless it clears the 24,595 resistance, say analysts. Support lies at 24,344, but a breakdown could drag it to 24,200. Retail sentiment is bullish, but technicals remain cautious with Relative Strength Index (RSI) near 39. Bank Nifty sentiment stays bearish since July.
short by
/
08:55 am on
08 Aug