The Nifty Index in the Indian stock market has been trading within a range for the past few days - Tradebulls Securities
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Nifty
The Nifty Index in the Indian stock market has been trading within a range for the past fewdays. Furthermore,market breadth has been in its extreme zone, while the RSI has been in its overbought zone above60.If theindexfalls below 18100, it may find support around the 17900 level in the short term. Conversely, if theindexcansustain its position above 18350, traders may find an attractive opportunity to buy on a short-termbasis.Tradersshould exercise caution and carefully analyze market trends and indicators before making any tradingdecisionsand wait for a clear trend signal to appear .
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