Nifty Soars to 24,600: Breakout Hints at a Bullish Blast Tomorrow!
Tuesday 10 December Nifty Closes at 24,600: The benchmark index witnessed a strong session, closing at the pivotal 24,600 mark on December 10.
Inverted Head & Shoulder Breakout: A clear breakout of the bullish inverted head and shoulder pattern signals a robust upside potential.
Bullish Sentiment for Tomorrow: With today's breakout, traders are optimistic about further momentum for December 11.
Targeting 24,600 CE: The 24,600 call option could witness aggressive buying tomorrow, backed by today's technical strength.
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Watch Key Levels:
Resistance: 24,800-25,000
Support: 24,400
Momentum Catalysts: Market sentiment remains buoyant, supported by strong FII inflows and positive global cues.
Actionable Insight: Traders should keep a close eye on Nifty’s movement around 24,600, as sustaining above this level could trigger a sharp rally!