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Trade Setup for May 15: Top 15 things to know before the opening bell

The 23,800 level is expected to act as an immediate hurdle for the Nifty 50, as a convincing move above this level can open the door for 23,900–24,000, the next resistance zone. However, as long as it stays below 23,800, the 23,400 level can act as crucial support going forward.

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