Trading Plan: Can Nifty defend 23,200, Bank Nifty manage to hold 48,500?
According to experts, the Nifty 50 is likely to remain in the range of 23,000-23,400 in the near term. A break below 23,000 could drag it down to the 22,800 level, while a decisive climb above 23,400 could push the index to 23,600, followed by 23,800.