Nifty crossed the 18,000 mark and formed a green candle with minor lower shadow, indicating a continuation of upside momentum. The momentum oscillator RSI (14) readings on the daily charts reached 70 and are now in the overbought zone. The short-term uptrend of Nifty remains intact with the market expected to reach the next resistance of 18,200-18,300 levels in the next week. The Open Interest data of Nifty indicates the Nifty Index still has a lot of open interest at the 18000 straddle level, so a runaway rally may not take place from here.
Sebi proposes tighter curbs on promotional claims by online bond platforms
Sebi is tightening the reins on advertising practices for online bond platforms, aiming to protect investors from hasty decisions. New rules mandate that promotional content
August 22, 2026