Nifty formed a small positive candle on the daily chart, indicating a bullish counterattack after a false downside breakout. Technicals suggest a range-bound movement between 23,500-24,000, with potential upside toward 24,000, supported by open interest trends.
FII inflows driven by relative stability, not blind optimism: Saion Mukherjee
The market construct looks quite positive. But I do not think we are out of the woods yet. My concern would be how the economy