The index has been experiencing an extended period of consolidation, indicating a range-bound movement with limited price fluctuations. The index recently bounced back from the demand zone around the 4000 levels. This suggests that buyers are showing interest and supporting the price at this level. The index is currently facing trend-line resistance around the 4100 level," said Pravesh Gour, Senior Technical Analyst at Swastika Investmart.Read more:
