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The momentum can take the Nifty50 towards 18,500-18,700 in coming sessions, if it sustains 18,200 mark which can be near term support, followed by 18,000 being crucial support, experts said
The 18,200-18,250 range could be crucial on the higher side which can take the index above 18,500-18,600 levels, but falling below 18,000 levels can drag the index up to 17,800, while 17,500 would be a critical hurdle going ahead, experts feel
The consistent uptrend in all five days of last week after forming a bottom around 17,550 in the previous week raised confidence among market participants
Day trading stocks: Market experts have recommended six buy or sell stocks for today — UPL, JSW Steel, Reliance, HCL Technologies, M&M and Tata Consumer Products
Day trading stocks: Market experts have recommended six buy or sell stocks for today — Grasim Industries, IndiGo, BPCL, Power Grid, TCS and Maruti Suzuki