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Cover short positions, a break above 24,890 needed to confirm bullish reversal: Vinay Rajani

Cover short positions, a break above 24,890 needed to confirm bullish reversal: Vinay Rajani

Vinay Rajani of HDFC Securities suggests covering short positions in Nifty as it reaches a crucial support zone between 24,500-24,600, indicating an oversold condition. While the overall trend remains weak, a break above 24,890 could signal a bullish reversal…

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