Trade Setup for August 13: Nifty likely to remain volatile with no clear directional bias

Nagaraj Shetti of HDFC Securities said the short term uptrend that resumed after a sharp upmove of Monday remains intact and he expects buying to emerge from near the supports of 24,300-24,400 levels in the coming sessions. Hence, one may expect Nifty to retest the crucial hurdle of around 24,700 in the short term.

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