Pre- Market Commentary: Nifty is now testing the 23,000–23,100 resistance zone
MUMBAI, 16 OCTOBER: Nifty formed a strong bullish candle, registering a higher high and a higher low, indicating a sharp pullback after the previous session’s consolidation. The index also closed above its 20-day EMA, signalling improving near-term momentum and a pause in the two-month corrective decline. After opening on a flat note, the index gained…
