 "NSE, Nifty, markets")
Nifty support seen at 17,400
The markets remained under pressure throughout last week as rising bond yields dampened investor sentiment. The Nifty50 index ended the truncated week at 17,476 — close to its 20-day exponential moving average of 17,450.
Technical analysts say the index could remain rangebound during the remainder of April series, with a slight negative bias. “From a broader perspective, the index may see a time-wise correction in the second half of the April series, with more opportunities in sector-/stock-specific momentum.
The immediate support for Nifty is placed around 17,370 and 17,275, and resistances seen around
Technical analysts say the index could remain rangebound during the remainder of April series, with a slight negative bias. “From a broader perspective, the index may see a time-wise correction in the second half of the April series, with more opportunities in sector-/stock-specific momentum.
The immediate support for Nifty is placed around 17,370 and 17,275, and resistances seen around
