Nifty is gearing up for a crucial session on Tuesday with immediate support level at 23,200 and resistance levels at 23,360 and 23,570. “Tomorrow’s trading will be crucial for further clarity. A break above the current levels could take the index to the 23,570-23,690 zone,” said Aditya, Director, Progressive Shares.・Mr. Gagger said.
The index rose 142 points to close at 23,345, driven by strong global cues and strong third-quarter profits of Kotak Mahindra Bank and Wipro.
Siddhartha Khemka, Head of Research, Wealth Management, Motilal Oswal Financial Services I expect it to happen,” he said.
The broader market also rallied, with the Small-Cap 50 Index and Mid-Cap 50 Index recovering after significant losses. Ameya Ranadive, Chartered Market Technician and Senior Technical Analyst, Stockbox “We have suppressed the rise.”
Khemka said major results to watch on Tuesday include ICICI Prudential Life Insurance Company, KEI Industries, Tata Technologies, PNB Housing Finance, etc., which could impact market sentiment. Ta.