NEW DELHI: Monday's gains weren't enough to instil confidence among the bulls. "Despite the Nifty50 closing above 11,100 on Monday, we did not have the conviction to go long on the index. We expect Nifty to remain range-bound in the next session as well, said Mazhar Mohammad of Chartviewindia. "Support can be expected in the gap zone of 10,994-975 levels registered on January 23. For resumption of the upward momentum, the Nifty50 needs to decisively close above 11,190," Mohammad said.

Source: Economic Times January 30, 2018 11:40 UTC