As per the current technical setup, any sustainable directional move will occur only if Nifty moves past 17,700 levels or slips below 17,100 on a closing basis. A directional bias would be established only if Nifty moves past 17,700 or slips below 17,100 levels. Unless that happens, we will see the market oscillating back and forth in a defined range.
Budget over, bulls back faster, higher, stronger
The NSE Nifty rose 428.75 points, or 1.76%, to close at a record of 24,834.85. The index hit a lifetime high of 24,861.15 during the