Technical View: Selling pressure may intensify only if Nifty decisively breaks 24,500, VIX at 8-week low

The Nifty 50 is still within the range of 24,500–24,700. If the index breaks 24,500 on the downside, 24,350 is the immediate level to watch, followed by 24,200. On the higher side, above 24,700, the index can march towards the 24,900–25,000 zone, experts said.
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