The Nifty 50 fell for a sixth straight session on August 18, closing below all key moving averages and the 50% Fibonacci retracement level at 24,192. If it sustains below this level, bears may target the 24,050–24,000 zone. Resistance is seen at 24,200–24,300.
Nifty faces key support at 24,192; bears target 24,000
Source: Moneycontrol