Trading Plan: Can Nifty 50, Bank Nifty slip below their May lows amid persistent selling pressure?
The bears may further tighten their grip over the market and may challenge the low of May month (23,250). Any decisive fall below it can bring the Nifty 50 down to 23,100-23,000, however, the recovery is expected to face resistance at 23,500-23,700 levels.
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