The overall structure shows that the index is likely to witness consolidation in the range of 17,000-17,500 in the coming sessions. Indicators such as RSI and MACD are indicating neutral views as of now in the daily chart.Options data suggests a broader trading range between 16,800 to 17,700 zones while an immediate trading range is between 17,000 to 17,500 zones, said Chandan Taparia of Motilal Oswal.
Sebi plans simpler rulebook for stock exchanges, doing away with obsolete provisions
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June 23, 2026