A major upside move is likely only on a sustained trade above 24,200. Until then, consolidation with range-bound trading may continue in the Nifty 50, according to experts.

Nifty Trade Setup for June 24

If Nifty 50 decisively breaches 23,750, bears may return strongly to market

Holding above 23,750 could increase possibility of gradual upward move towards 24,000, followed by 24,200

Major upside move likely only on a sustained trade above 24,200

Sunil Shankar Matkar

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