Santosh Meena, Head of Research at Swastika Investmart, indicated that, from a technical perspective, the Nifty seems to have formed a near-term bottom around the 24,750 level. He noted that it would need to break through resistance levels at 25,330 and 25,500 to regain momentum. However, if it falls below 24,750, it could face additional selling pressure, potentially pushing it towards 24,440 and 24,100.
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