Technical View: Nifty 50 loses 50% of August rally; bears eye 24,000, Bank Nifty breakdown below 57,120 may deepen correction
If the Nifty 50 sustains below 24,200 in the upcoming sessions, a fall towards 24,050–24,000 cannot be ruled out, followed by 23,800. However, in the event of a bounce-back, 24,250–24,300 can act as the immediate resistance zone.
