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"Except overbought readings on the momentum oscillators, no other technical parameter is hinting at weakness in the ongoing market march. Traders with high risk appetite can consider buying into intraday dips,” said Mazhar Mohammad of Chartviewindia.in.
Tuesday's session may have a quiet start to the day.
Analysts said the 14,200 level, which was acting as a key hurdle until now, will be the immediate support for the index, which seems to have set sights on the 14,500-14,600 zone now. Below that, the 13,950 level may continue to offer strong support to the index, they said.