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Nifty 50 may see further downside as key support levels weaken
Chartist Sudeep Shah warns Nifty 50 could decline further while highlighting selective bullish stocks like HUL despite broader market weakness.
Nifty 50 may face additional downside as key technical support levels show weakness, according to chartist Sudeep Shah. He said momentum indicators suggest selling pressure could persist in the near term. Shah identified select stocks showing bullish structures despite broader market softness, including HUL. Traders are advised to remain cautious and focus on stock specific opportunities amid elevated volatility.