The index successfully surpassed short term resistance of 18,200 levels. It needs to hold on to the same to march towards 18,300-18,500 area, with support at psychological 18,000 mark, experts said.
Based on the OI percentage, 79 stocks were on the short-covering list. These included Escorts, Shriram Finance, National Aluminium Company, Bharat Forge, and Vedanta.