Chartist Talk: Nifty back above 24,000, but the bigger trade may now be in midcaps and smallcaps

Looking ahead, technical signals point toward the possibility of further extension in the Nifty 50 pullback rally, with immediate upside targets placed at 24,300 and 24,500. On the downside, the 23,650–23,600 zone is expected to act as a key support level, said Sudeep Shah of SBI Securities.

Apr 12, 2026 - 21:00
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Chartist Talk: Nifty back above 24,000, but the bigger trade may now be in midcaps and smallcaps
Looking ahead, technical signals point toward the possibility of further extension in the Nifty 50 pullback rally, with immediate upside targets placed at 24,300 and 24,500. On the downside, the 23,650–23,600 zone is expected to act as a key support level, said Sudeep Shah of SBI Securities.

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