New Delhi, March 14 -- As Nifty navigates a no-trade zone between 22,200 and 22,500, analysts reveal early signs of positive sentiment, despite strong resistance at 22,700. With technical indicators and foreign investment trends at play, the market's next moves are crucial for investors to watch closely.
Nifty-50 Index started the week on a flattish note, opening around 22520 on Monday and climbing to 22676, which as per experts coincides with its 20-day exponential moving average. However, this level acted as a strong resistance, leading to profit booking that dragged the index down to 22,314 in the following session, said Chandan Taparia, Senior Head Derivatives & Technical, Wealth Management, Motilal Oswal Financial Services Ltd. Over...
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