Technical View: Decisive consolidation breakout suggests bulls may drive Nifty toward 23,000, Bank Nifty closes above 49,000
The weekly options data suggested that the Nifty 50 is expected to face its next resistance at 23,000, where the maximum Call open interest is placed, while support is observed at the 22,500 level. Nifty Bullish Trend The Bulls strengthened their support for the Nifty 50 on March 18, not only taking the index beyond…