The Nifty 50 is likely to be rangebound with resistance at 23,100-23,200 and support at 22,800 in the coming sessions, while volatility is expected to be elevated ahead of the Lok Sabha election results.
Going forward, 23,000 is expected to play a crucial role in the index s journey towards the upper band of the Rising Channel, placed at 23,100-23,200, whereas on the lower side, 22,800 is likely to act as support, experts said.
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