Nifty's 23,600 line in the sand: Why missing this level could pull the index to 22,800
- Posted on May 17, 2026
- By Business News Today
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Nifty's 23,600 line in the sand: Why missing this level could pull the index to 22,800
Niftys recent profit booking has made 23,600 a crucial support level, with a breach potentially dragging the index to 22,800, says Geojits Anand James. While technical indicators show mixed signals, weakness persists in IT stocks. Select opportunities remain in KPRMILL and Refex amid cautious broader market sentiment.
