Over the coming week, any move and sustenance above the current levels are likely to lead to a breakout. The levels of 18000 and 18195 are likely to act as potential resistance points. The supports come in at 17700 and 17580 levels. The coming week is likely to see a trading range that may remain wider than usual. The weekly RSI is 60.58; it has made a 14-period high which is bullish.
Global bond yields surge to multi-year highs as inflation, borrowing concerns mount
Government bond yields globally rose to multi-decade highs recently due to sell-offs in sovereign debt. Investors demanded higher returns amid persistent inflation and uncertainty regarding