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Trading Plan: Will bulls defend 24,000 on Nifty 50 and 57,300 on Bank Nifty amid oil price-led consolidation?

Bulls may be trying to defend the Nifty 50 above the 24,000-23,950 support zone in the short term amid oil price-led volatility. A break below this zone could drag the index toward the key support level of 23,800. On the upside, the index needs to register a sustained close above 24,300 to extend the rally toward the 24,500-24,600 zone.

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