Experts believe that if the index closes and sustains above 23,000, the next hurdle would be the upper band of the Rising Channel (23,100-23,200), and surpassing this could open doors to 23,500, with support at 22,800.
The 23,000 level is expected to play a key role in the Nifty s further direction, and sustaining this level can take the index towards the upper band of the Rising Channel (i.e., 23,100-23,200), followed by 23,500, with support at 22,800.
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