Nifty 50 is approaching a critical support zone around 24,734 after a strong rally. Based on key technical levels and market structure, I anticipate a potential rebound targeting resistance near 26,648 and 27,068. Traders should watch for reversal patterns and increased volume near support to confirm the bullish move. Short-term consolidation may precede the next leg higher.
What do you think? Let me know your thoughts in the comments!
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