Ahead of Market: 10 things that will decide D-Street action on Thursday

Nifty closed 66 points lower, ending above the 24,400 mark and forming a High Wave candle pattern. Analysts indicate a sustainable move above 24,580 is needed to confirm a near-term bottom reversal. The index has broken below the 10-day Exponential Moving Average (EMA) support and is now nearing the 20-day EMA support around 24,270.