The index is trading in a strong uptrend with higher top and higher bottom formations intact on all the time frames, Shah said, adding that once the index surpasses the mentioned hurdle, it will see a strong move on the upside toward the 41,000-41,500 zone.
IndiGo profit falls on higher cost on older planes
The airline was forced to induct older planes due to grounding led by issues of Pratt & Whitney engines