The short-term uptrend status of Nifty remains intact, but the market is likely to find resistance around 21,800-21,850 levels in the coming sessions. A decisive move only above 21,850-21,900 levels could open the next upside target of 22,200 levels. Any dips from here could find support around 21,500, said Nagaraj Shetti of HDFC Securities.
India’s macro setup stable, but markets await earnings firepower: Hemang Jani
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