On the other hand, on the lower time frame charts, the Nifty has created a potential top at 17500 levels. This level is likely to act as resistance unless it is taken out comprehensively. Until this happens, one can expect profit-taking bouts from higher levels. In the same breath, one also needs to keep in mind that while the markets continue to remain prone to consolidation, they may stay range-bound with limited downsides.
Gold heads for sharpest weekly decline in four months on Fed rate outlook
Gold prices took a hit on Friday amid strong indicators of US economic growth and climbing oil prices. Spot gold prices sank to their lowest
October 23, 2026