Chartist Talk: Why Nifty 50’s break below 24,000 looks unlikely next week

The Nifty 50 is unlikely to fall below the 24,000 mark next week. Sudeep Shah of SBI Securities said, "Nifty Midcap 100 and Smallcap 100 indices are likely to continue outperforming the benchmark indices." While some profit booking might happen, the broader market remains strong and Bank Nifty looks ready for movement.