The momentum oscillator RSI was in a bearish crossover. “The trend is likely to remain weak as long as it remains below the 17,000 level. On the lower end, 16,800-16,830 levels will likely remain key support points. On the higher end, resistance is visible at 17,000,” said Rupak De, Senior Technical Analyst at LKP Securities.
ETMarkets Smart Talk| Markets at an inflection point; expect 40–50% gains over 36 months: ASK Hedge Solutions’ Vaibhav Sanghavi
Indian stock markets are at a key turning point. Experts predict a strong rally over the next two to three years, potentially delivering 40-50% returns.