Trading Plan: Can Nifty 50 hold above 23,800, Bank Nifty defend 55,500 amid possible consolidation after stellar rally?

The Nifty 50 needs to defend the 23,800–23,700 zone to sustain its upward momentum towards 24,000–24,200. On the downside, the 23,600–23,500 zone is expected to act as a crucial support area.



