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Nifty likely to trade in a range; 23,800 a key breakout hurdle

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Nifty likely to trade in a range; 23,800 a key breakout hurdle

Nifty is expected to trade rangebound with a mild bullish undertone this week, consolidating amid mixed cues. Analysts see 23,800-24,000 as a key hurdle, with 23,150-23,250 acting as support. A breakout above 24,000 could trigger a rally towards 24,600, while a break below support may lead to further declines. Technical analysts expect Nifty to remain rangebound with a mildly bullish…

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