The technical outlook is that Nifty is rebounding, but bears may remain in charge until it falls below 23,000 due to increased volatility
Options data indicated that the 23,000 level is expected to be a key zone for further direction of the Nifty 50. The index may remain in a broad range of 22,000-24,000 until the Budget day. Nifty Trend The Nifty 50 rebounded on January 28 after a couple of days of correction but remained volatile. A…
