Positive chart patterns like higher tops and bottoms are intact as per the daily chart, and the present upmove is in line with the new higher top formation of the pattern. The short-term uptrend of the Nifty remains intact, and the next upside levels are around 22,800 (1.618% Fibonacci projection). Immediate support is at 22,520 levels, said Nagaraj Shetti of HDFC Securities.
Happy Square Outsourcing IPO opens today: Check details
The Initial Public Offering of Happy Square Outsourcing Services, known as White Force, is set to open today. The IPO aims to raise Rupees 24.25