Trade Setup for April 17: Nifty enters consolidation mode with 24,000 holding the key
After Wednesday’s sharp rally, the Nifty witnessed profit booking on Thursday, slipping marginally despite a firm start. The index opened higher on the back of strong global cues and quickly surged to an intraday high of 24,400 within the first 15 minutes of trade. However, it failed to sustain at elevated levels, reversing sharply and…
