Hitesh Tailor, Research Analyst – Research at Choice Equity Broking Private Limited, said, “the Nifty 50 displayed resilience on the daily chart, extending its gains for the 4th consecutive session despite a weak start. The index opened lower at 22,838.70 and slipped to an intraday low of 22,719.30 before staging a strong recovery. It eventually crossed the 23,000 mark and closed at 23,123.65, up 0.68%. Immediate resistance is placed in the 23,250–23,300 range, while support is seen around 22,900-22,940. The RSI stands at 43.46, indicating improving momentum, though it remains below the neutral level.”
