VERIFIEDET Markets·9 May 2026neutral

Bull trap or trend reversal? Rupak De breaks down Nifty’s 24,500 congestion zone

AI Summary

·The Nifty is currently hovering around the 24,500 mark, facing strong resistance.
·Analysts suggest a potential correction if the Nifty fails to breach 24,750 soon.
·The momentum in Bank Nifty is observed to be fading.