According to stock market experts, current market pattern indicates an upside bounce from the lows and an attempt of upside breakout of the range movement around 18,050 to 18,100 levels.
On a day when the volumes on the NSE were a little higher than the recent averages; realty, power, oil & gas and consumer durables indices rose the most while healthcare index fell the most.
Unveiling intraday trading tips for Tuesday; Subash Gangadharan, Senior Technical and Derivative Analyst, HDFC Securities said, “The short term trend of Nifty is positive.