While making higher lows for the last two trading days, the headline equity index Nifty on Tuesday ended 83.5 points higher to form a small positive candle on the daily chart with a long upper shadow.RSI indicated a bearish crossover, suggesting a potential decline in the market. Now, Nifty has to hold above 19400 zones to extend the move towards fresh all-time high levels of 19525 and 19600 zones, while on the downside, support is intact at 19333 and 19250 zones, said Chandan Taparia of Motilal Oswal.
admin, Author at Rapport Financial
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