π Nifty set for upswing after 12-session dip
Nifty settled at 24252, down 0.5%, after a 12-session correction amidst crude oil concerns. ICICI Securities' Dharmesh Shah noted this triggered a classic trend reversal pattern. The index is expected to reach 24600 levels soon, maintaining its defense between 24000-23800. Smallcap index, however, hit new highs, showing market resilience. Investors should consider accumulating quality stocks on dips for potential gains. π