The recent unfilled weekly upside gap is likely to be a bullish breakaway gap, which is normally formed at the beginning of sharp up-trended moves. The next upside target to be watched for Nifty is around 24,550 and 24,850 in next two weeks. Immediate support is at 23,500.
Rupee touches one-week high; RBI plans to ease dollar bids
The rupee hit a one-week high as expectations of RBI measures to curb oil refiners’ dollar demand boosted sentiment and eased pressure on the currency.
April 17, 2026