Nifty continues to exhibit bullish strength as it holds above the 20-DMA, with 24,700 acting as key support. A breakout above the 24,900–24,950 zone could trigger short covering and extend the rally towards 25,200 ahead of expiry week, says Rajesh Palviya of Axis Securities. Buy-on-dips remains the preferred strategy for both Nifty and Bank Nifty.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets